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4024 Baronne Way

4024 Baronne Way, Memphis, TN 38117
Townhouse in Red Acres
1 Units For Sale
Unit for sale at 4024 BARONNE, Memphis, TN 38117

$1,249,000

  • 4 Beds
  • 3.5 Baths
4024 BARONNE #42, Memphis, TN 38117 Listing by Ben Duke

4024 Baronne Way has been categorized by the local assessors in Memphis, TN as a residential type of property. The building on the property was first built in 1974 and is 50 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 4024 Baronne Way has 3,516 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 9,199 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a traditional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 484 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The exterior walls of the building are made of brick veneer. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 4024 Baronne Way sold most recently in Jul 10, 2023 for a total of $685,000. If you work out the math, that's approximately a cost of $171.25 per sqft. Before that, the property was also sold for $252,000 in Jun 30, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,061 in taxes each year. 4024 Baronne Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $99,500. If we break it down further, the land itself was valued at $11,500. Improvements to the property, however, were assessed at a total of $88,000. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20221115 Unit 42
11/15/2022
42
3 Bed
3 Bath
-
$899,000
bedrooms
3 Bed
bathrooms
3 Bath
-
-
-
Leigh Martin
Hobson, REALTORS

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: B
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 484
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,199
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 400
  • Total Building Area: 4,000
  • Gross Building Area: 4,000
  • Building Area: 3,516
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,516
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WOODLANDS COMMUNITY UNION PLAN
  • Land Acres: 0.211
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: 1/76TH INT IN 16.39 ACRES M24216MD NS BARONNE WAY SEE MAP 141 I

Ownership

  • Current Owner : BEN DUKE BUILDER LLC
  • Previous Owner : KEVIN J LANGE REVOCABLE TRUST
  • Previous Owner 2: AMELIA N BLANTON REVOCABLE TRUST
  • Owner Before Previous Owner: FORRESTER LUCY WEBSTER
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 002900

Zoning

  • Zoning: R-8

Geography

  • Assessors Map Reference: MB 274-025
  • District: O
  • Parcel: 04-4114-A0-0050
  • Lot: MD
  • Municipality: MEMPHIS
  • Latitude: 35.125
  • Longitude: -89.9277

    Address

  • Full Address: 4024 Baronne Way
  • Address - House Number: 4024
  • Address - Street Name: Baronne
  • Address - Suffix Type: Way
  • State: TN
  • City Name: Memphis
  • Carrier Code: C001
  • 4-Digit Zip Code: 2908
  • Zip Code: 38117

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,061

    Appraisal Valuation

  • Standard Deviation: 0.2132
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 66
  • Final Value: 620,000
  • High Value: 770,357
  • Low Value: 469,643

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $960,000
  • First Open Lien Mortgage Lender: CADENCE BANK, N.A.
  • First Open Lien Mortgage Recording Date: Jul 14, 2023
  • First Open Lien Mortgage Loan Amount: $960,000
  • First Open Lien Mortgage Term: 12
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Jul 09, 2024

    Market Valuation

  • Market Total Value: $398,000
  • Market Land Value: $46,000
  • Market Improvement Value: $352,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $99,500
  • Assessed Land Value: $11,500
  • Assessed Improvements Value: $88,000

    Sales

  • Current Sale Contract Date: Jul 10, 2023
  • Current Sale Recording Date: Jul 14, 2023
  • Current Sale Transaction ID: 11909339324
  • Current Sale Price: $685,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 58419
  • Previous Sale Recording Date: Jul 05, 2016
  • Previous Sale Contract Date: Jun 30, 2016
  • Previous Sale Amount: $252,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CADENCE BANK, N.A.
  • First Mortgage Transaction Date: Jul 14, 2023
  • First Mortgage Loan Amount: $960,000
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Jul 09, 2024

About Jackson - University Area



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Frequently Asked Questions

What neighborhood is 4024 Baronne Way located in?
The 4024 Baronne Way is a townhouse located in the neighborhood of Red Acres in Jackson - University Area, Memphis.
How many listings are currently for sale in 4024 Baronne Way?
There is a listing currently on the market for sale.
What is the average sales price for listings in 4024 Baronne Way?
The average sales price for units in 4024 Baronne Way is $1,249,000 currently.

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