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505 Avon Cove

505 Avon Cove, Memphis, TN 38117
House in Shelby
Sold Nov 24, 2020
$360,500
Sold Jan 23, 2002
$187,000
$177,650 by Dba First Tennessee Home Loans
Mortgage Due Jan 01, 2032
505 Avon Cove in Memphis, TN was first built in 1964 and is 60 years old. Although, the building on the property was most recently renovated and altered in 1985. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a traditional style. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 505 Avon Cove has 2,095 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 900 ft and the linear feet between the front and back of the lot is 1,270. In total, the area measurement of the land is 11,447 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a gable style roof made of composition shingle. For those who need parking, there is a carport. The garage is 410 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of A. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick veneer. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter 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, 505 Avon Cove sold most recently in Nov 1, 2020 for a total of $360,500. If you work out the math, that's approximately a cost of $172.08 per sqft. Before that, the property was also sold for $187,000 in Dec 27, 2001. 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 $5,770 in taxes each year. 505 Avon Cove was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $94,725. If we break it down further, the land itself was valued at $27,175. Improvements to the property, however, were assessed at a total of $67,550. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Carport
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: A
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 410
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 11,447
  • Lot Size Depth Feet: 1,270
  • Lot Size Frontage Feet: 900
  • Total Building Area: 2,095
  • Gross Building Area: 2,095
  • Building Area: 2,095
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,095
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OAKVIEW
  • Land Acres: 0.263
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : JACKSON ROBERT GREGORY
  • Previous Owner : GIBBS JOHN H
  • Previous Owner 2: GIBBS SHANNON M
  • Owner Before Previous Owner: PRINCE MATTHEW S
  • Owner Before Previous Owner 2: PRINCE ANN D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 008600

Zoning

  • Zoning: R-10

Geography

  • District: O
  • Parcel: 05-5066-0-0020
  • Lot: 2
  • Municipality: MEMPHIS
  • Latitude: 35.1449
  • Longitude: -89.9023

    Address

  • Full Address: 505 Avon Cv
  • Address - House Number: 505
  • Address - Street Name: Avon
  • Address - Suffix Type: Cv
  • State: TN
  • City Name: Memphis
  • Carrier Code: C003
  • 4-Digit Zip Code: 1828
  • Zip Code: 38117

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,770

    Appraisal Valuation

  • Standard Deviation: 0.1966
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 474,559
  • High Value: 567,891
  • Low Value: 381,227

    Market Valuation

  • Market Total Value: $378,900
  • Market Land Value: $108,700
  • Market Improvement Value: $270,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $94,725
  • Assessed Land Value: $27,175
  • Assessed Improvements Value: $67,550

    Sales

  • Current Sale Contract Date: Nov 01, 2020
  • Current Sale Recording Date: Nov 24, 2020
  • Current Sale Transaction ID: 11802121982
  • Current Sale Price: $360,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20131102
  • Previous Sale Recording Date: Jan 23, 2002
  • Previous Sale Contract Date: Dec 27, 2001
  • Previous Sale Amount: $187,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BARTLETT MORTGAGE INC
  • First Mortgage Transaction Date: Nov 24, 2020
  • First Mortgage Loan Amount: $235,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: DBA FIRST TENNESSEE HOME LOANS
  • Previous Mortgage Transaction Date: Jan 23, 2002
  • Previous Mortgage Loan Amount: $177,650
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jan 01, 2032

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Frequently Asked Questions

What neighborhood is 505 Avon Cove located in?
The 505 Avon Cove is a house located in the neighborhood of Shelby in Memphis, Memphis.
What is the average sales price for listings in 505 Avon Cove?
The average sales price for units in 505 Avon Cove is $0 currently.

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