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928 Leacrest Avenue

928 Leacrest Avenue, Memphis, TN 38109
House in Westwood
Sold Oct 29, 2019
$35,000
Sold May 17, 1999
$43,250
$43,650 by Amerifirst Mtg Corp
Mortgage Due Jun 01, 2029
928 Leacrest Avenue in Memphis, TN was first built in 1962 and is 62 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 cottage 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 is only one bathroom. There is a 1 partial bathroom. 928 Leacrest Avenue has 854 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 550 ft and the linear feet between the front and back of the lot is 1,800. In total, the area measurement of the land is 9,900 square feet.

Learn more about the property and building on this page. There is a unknown. The home has a gable style roof made of composition shingle. For those who need parking, there is a carport. The garage is 264 sqft. There is one available parking space. 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. 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, 928 Leacrest Avenue sold most recently in Oct 21, 2019 for a total of $35,000. If you work out the math, that's approximately a cost of $40.98 per sqft. Before that, the property was also sold for $43,250 in May 11, 1999. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $710 in taxes each year. 928 Leacrest Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $11,650. If we break it down further, the land itself was valued at $2,200. Improvements to the property, however, were assessed at a total of $9,450. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Cottage
  • 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: 264
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 9,900
  • Lot Size Depth Feet: 1,800
  • Lot Size Frontage Feet: 550
  • Total Building Area: 854
  • Gross Building Area: 854
  • Building Area: 854
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 854
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHICKASAW VILLAGE 1ST ADDN
  • Land Acres: 0.227
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : VB ONE LLC
  • Previous Owner : HOLMES BRENDA L
  • Owner Before Previous Owner: R & D DEVELOPMENT CO LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 022330

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 07-5137-0-0033
  • Lot: 74
  • Municipality: MEMPHIS
  • Latitude: 35.0346
  • Longitude: -90.0953

    Address

  • Full Address: 928 Leacrest Ave
  • Address - House Number: 928
  • Address - Street Name: Leacrest
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C099
  • 4-Digit Zip Code: 8756
  • Zip Code: 38109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $710

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 390,100
  • High Value: 567,521
  • Low Value: 212,678

    Market Valuation

  • Market Total Value: $46,600
  • Market Land Value: $8,800
  • Market Improvement Value: $37,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $11,650
  • Assessed Land Value: $2,200
  • Assessed Improvements Value: $9,450

    Sales

  • Current Sale Contract Date: Oct 21, 2019
  • Current Sale Recording Date: Oct 29, 2019
  • Current Sale Transaction ID: 11665111651
  • Current Sale Price: $35,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19112781
  • Previous Sale Recording Date: May 17, 1999
  • Previous Sale Contract Date: May 11, 1999
  • Previous Sale Amount: $43,250
  • Previous Sale Document Type: Corporation Deed

    Previous Mortgages

  • Previous Mortgage Lender: AMERIFIRST MTG CORP
  • Previous Mortgage Transaction Date: May 17, 1999
  • Previous Mortgage Loan Amount: $43,650
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 01, 2029

About South Memphis Planning Dist



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Frequently Asked Questions

What neighborhood is 928 Leacrest Avenue located in?
The 928 Leacrest Avenue is a house located in the neighborhood of Westwood in South Memphis Planning Dist, Memphis.
What is the average sales price for listings in 928 Leacrest Avenue?
The average sales price for units in 928 Leacrest Avenue is $0 currently.

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