5162 Norich Avenue

5162 Norich Avenue 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 1955 and is 69 years old. However, we must point out that the home was most recently renovated and altered in 1974. The home has a total of 5 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. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5162 Norich Avenue has 1,846 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 2,020 ft and across the front of the lot is 430 ft. The area measurement of the land has been determined as 17,042 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 carport for those who require parking. The garage measured 210 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a unknown and 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 A by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of brick veneer. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5162 Norich Avenue was last sold in Dec 21, 2018 for $280,000. According to our calculations, that's $151.68 per sqft. Prior to that sales transaction, the property was sold for $169,000 in Feb 14, 2003. Current property owners are expected to pay $4,980 in taxes per year. The property on 5162 Norich Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $73,775. To break that down further, the land itself was valued at $19,325. While improvements to the property were assessed at a total of $54,450. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.