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734 Looney Avenue

734 Looney Avenue, Memphis, TN 38107
Sold Feb 22, 2017
$3,000
$70,000 by Habitat For Humanity Of Greate
Mortgage Due Nov 01, 2044
Sold Oct 28, 2014
$93,000
$70,000 by Habitat For Humanity Of Greate
Mortgage Due Nov 01, 2044
734 Looney Avenue in Memphis, TN was first built in 2013 and is 11 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 5 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. 734 Looney Avenue has 1,324 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 410 ft and the linear feet between the front and back of the lot is 1,220. In total, the area measurement of the land is 4,514 square feet.

Learn more about the property and building on this page. There is a unknown. 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. 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. 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, 734 Looney Avenue was last sold in Feb 21, 2017 for $3,000. According to our calculations, that's $2.27 per sqft. Prior to that sales transaction, the property was sold for $93,000 in Oct 15, 2014. Current property owners are expected to pay $1,392 in taxes per year. The property on 734 Looney Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $22,850. To break that down further, the land itself was valued at $750. While improvements to the property were assessed at a total of $22,100. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Traditional
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,514
  • Lot Size Depth Feet: 1,220
  • Lot Size Frontage Feet: 410
  • Total Building Area: 1,324
  • Gross Building Area: 1,324
  • Building Area: 1,324
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,324
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OVERTON
  • Land Acres: 0.104
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NS LOONEY

Ownership

  • Current Owner : MITCHELL SHANNON
  • Previous Owner : HUMANITY OF GREATER MENPHIS INC
  • Owner Before Previous Owner: HABITAT FOR HUMANITY OF GREATER MEMPHIS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 002000

Zoning

  • Zoning: MDR

Geography

  • Assessors Map Reference: MB 1-39
  • District: O
  • Parcel: 00-1101-0-0025
  • Lot: 58-59
  • Municipality: MEMPHIS
  • Latitude: 35.1612
  • Longitude: -90.0337

    Address

  • Full Address: 734 Looney Ave
  • Address - House Number: 734
  • Address - Street Name: Looney
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C003
  • 4-Digit Zip Code: 2551
  • Zip Code: 38107

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,392

    Appraisal Valuation

  • Standard Deviation: 0.2487
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 141,542
  • High Value: 176,748
  • Low Value: 106,335

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $93,000
  • First Open Lien Mortgage Lender: HABITAT FOR HUMANITY OF GREATE
  • First Open Lien Mortgage Recording Date: Oct 28, 2014
  • First Open Lien Mortgage Loan Amount: $70,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2044
  • Second Open Lien Mortgage Lender: HABITAT FOR HUMANITY OF GREATE
  • Second Open Lien Mortgage Recording Date: Oct 28, 2014
  • Second Open Lien Mortgage Loan Amount: $23,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • Second Open Lien Mortgage Loan Due Date: Nov 01, 2044

    Market Valuation

  • Market Total Value: $91,400
  • Market Land Value: $3,000
  • Market Improvement Value: $88,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $22,850
  • Assessed Land Value: $750
  • Assessed Improvements Value: $22,100

    Sales

  • Current Sale Contract Date: Feb 21, 2017
  • Current Sale Recording Date: Feb 22, 2017
  • Current Sale Transaction ID: 1972463889
  • Current Sale Price: $3,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 17018121
  • Previous Sale Recording Date: Oct 28, 2014
  • Previous Sale Contract Date: Oct 15, 2014
  • Previous Sale Amount: $93,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: HABITAT FOR HUMANITY OF GREATE
  • Previous Mortgage Transaction Date: Oct 28, 2014
  • Previous Mortgage Loan Amount: $70,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2044

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Frequently Asked Questions

What neighborhood is 734 Looney Avenue located in?
The 734 Looney Avenue is a located in the neighborhood of North Memphis Concerned Citizens in North Memphis, Memphis.
What is the average sales price for listings in 734 Looney Avenue?
The average sales price for units in 734 Looney Avenue is $0 currently.

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