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5121 Teal Avenue

5121 Teal Avenue, Memphis, TN 38118
Sold Mar 06, 2015
$50,792
$50,792 by Jonathan Martinez
Mortgage
Sold Nov 04, 2014
$43,700
5121 Teal Avenue in Memphis, TN was first built in 1965 and is 59 years old. 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 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 5121 Teal Avenue has 1,565 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 700 ft and the linear feet between the front and back of the lot is 1,500. In total, the area measurement of the land is 10,500 square feet.

Learn more about the property and building on this page. There is 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 330 sqft. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as average. The exterior walls of the home are made of a combination of material. 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. The property was last sold in Mar 4, 2015 for $50,792. That's $32.45 per sqft. Prior to that sales transaction, the property was also sold in Oct 30, 2014 for $43,700. 5121 Teal Avenue was last assessed in 2022. The total value of the property was assessed at $23,200. Specifically, the land the property is located on was valued at $3,350. While improvements on the property were assessed at a total of $19,850. 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 $1,413. The initial tax year of delinquency was in 2019. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Traditional
  • Exterior Walls Type: Combination
  • 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: 330
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 10,500
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,565
  • Gross Building Area: 1,565
  • Building Area: 1,565
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,565
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WINCHESTER GARDENS SEC C
  • Land Acres: 0.241
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ROMERO JOSE J
  • Previous Owner : MARTINEZ JONATHAN
  • Owner Before Previous Owner: WILLIAMS LARRY D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 010810

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 07-4037-0-0025
  • Lot: 296
  • Municipality: MEMPHIS
  • Latitude: 35.059
  • Longitude: -89.893

    Address

  • Full Address: 5121 Teal Ave
  • Address - House Number: 5121
  • Address - Street Name: Teal
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C060
  • 4-Digit Zip Code: 4533
  • Zip Code: 38118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,413
  • Intital Tax Deliquent Year: 2019

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 406,146
  • High Value: 590,864
  • Low Value: 221,427

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $50,792
  • First Open Lien Mortgage Lender: JONATHAN MARTINEZ
  • First Open Lien Mortgage Recording Date: Mar 06, 2015
  • First Open Lien Mortgage Loan Amount: $50,792
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $92,800
  • Market Land Value: $13,400
  • Market Improvement Value: $79,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $23,200
  • Assessed Land Value: $3,350
  • Assessed Improvements Value: $19,850

    Sales

  • Current Sale Contract Date: Mar 04, 2015
  • Current Sale Recording Date: Mar 06, 2015
  • Current Sale Transaction ID: 1176433017
  • Current Sale Price: $50,792
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 15020498
  • Previous Sale Recording Date: Nov 04, 2014
  • Previous Sale Contract Date: Oct 30, 2014
  • Previous Sale Amount: $43,700
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JONATHAN MARTINEZ
  • First Mortgage Transaction Date: Mar 06, 2015
  • First Mortgage Loan Amount: $50,792
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

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Frequently Asked Questions

What neighborhood is 5121 Teal Avenue located in?
The 5121 Teal Avenue is a located in the neighborhood of Southeast Memphis in Southeast Memphis, Memphis.
What is the average sales price for listings in 5121 Teal Avenue?
The average sales price for units in 5121 Teal Avenue is $0 currently.

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