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761 Richmond Avenue

761 Richmond Avenue, Memphis, TN 38106
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761 Richmond Avenue in Memphis, TN was first built in 1969 and is 55 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 761 Richmond Avenue has 3,016 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 480 ft and the linear feet between the front and back of the lot is 2,000. In total, the area measurement of the land is 9,600 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 wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as poor. 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 no air conditioning. As for heating, the home is utilizing a 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. Current property owners are expected to pay $987 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 761 Richmond Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $16,200. To break that down further, the land itself was valued at $5,760. While improvements to the property were assessed at a total of $10,440. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Poor
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Brick veneer
  • Floor Count: 1
  • Living Units: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,600
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 480
  • Total Building Area: 3,016
  • Gross Building Area: 3,161
  • Building Area: 3,016
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,016
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MC NUTT
  • Land Acres: 0.22
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: SS RICHMOND 543.7 FT W OF MISS BLVD

Ownership

  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 005900

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 02-5072-0-0009
  • Lot: 3
  • Municipality: MEMPHIS
  • Latitude: 35.1109
  • Longitude: -90.037

    Address

  • Full Address: 761 Richmond Ave
  • Address - House Number: 761
  • Address - Street Name: Richmond
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C045
  • 4-Digit Zip Code: 4639
  • Zip Code: 38106

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $987
  • Intital Tax Deliquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 387,981
  • High Value: 564,438
  • Low Value: 211,523

    Market Valuation

  • Market Total Value: $40,500
  • Market Land Value: $14,400
  • Market Improvement Value: $26,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $16,200
  • Assessed Land Value: $5,760
  • Assessed Improvements Value: $10,440

About South Memphis Planning Dist



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath
Unit for rent at

$1,200 /mo

  • 2 Beds
  • 1 Bath
  • 1,040 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 761 Richmond Avenue located in?
The 761 Richmond Avenue is a other located in the neighborhood of South Memphis Citizens United for Action in South Memphis Planning Dist, Memphis.
What is the average sales price for listings in 761 Richmond Avenue?
The average sales price for units in 761 Richmond Avenue is $0 currently.

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