951 Alma Street

Local assessors in Memphis, TN have categorized 951 Alma Street as a residential type of property. The home was built in 1953 and is 71 years old. The property's lot size has been calculated to be 10,000 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 2,000 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There is a single bedroom in the home. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 951 Alma Street has a total of 2,460 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is poor. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Lots of brick veneer were used in the construction of the exterior walls of the home. Residents rely on no air conditioning for their cooling system. The home's a heating system is the primary heating source and it is 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, 951 Alma Street was last sold in Jan 14, 2022 for $145,000. According to our calculations, that's $58.94 per sqft. Prior to that sales transaction, the property was sold for $78,000 in Nov 13, 2019. Current property owners are expected to pay $2,025 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2018. The property on 951 Alma Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $33,240. To break that down further, the land itself was valued at $6,000. While improvements to the property were assessed at a total of $27,240. 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. 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.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.