3946 Park Avenue

Local assessors in Memphis, TN have categorized 3946 Park Avenue as a commercial type of property. The home was built in 1971 and is 53 years old. The property's lot size has been calculated to be 21,850 square feet. The linear feet between the front and back of the lot was measured at 1,900 ft and the front of the lot was measured at 1,150 ft. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3946 Park Avenue has a total of 6,270 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. 3946 Park Avenue is a 2 code building. This code stands for "buildings that have fireproofed reinforced concrete frames carrying all wall, floor and roof loads which are all non-combustible.". Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Lots of concrete block were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source and it is being fueled with gas. The property was last sold in Dec 12, 2014 for $150,000. That's $23.92 per sqft. Prior to that sales transaction, the property was also sold in Jun 19, 2009 for $185,000. 3946 Park Avenue was last assessed in 2022. The total value of the property was assessed at $109,760. Specifically, the land the property is located on was valued at $39,320. While improvements on the property were assessed at a total of $70,440. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $6,686. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.