7404 Memphis Avenue

7404 Memphis Avenue has been categorized by the local assessors in Amarillo, TX as a residential type of property. The building on the property was first built in 2013 and is 11 years old. However, we must point out that the home was most recently renovated and altered in 2014. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 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, 7404 Memphis Avenue has 1,945 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 9,148 square feet.

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 garage for those who require parking. The garage measured 489 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a covered porch. Moving on to the building itself. The condition of the building has been evaluated as good. The roof of the building is made of composition shingle. The exterior walls of the building are made of masonry. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. 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, 7404 Memphis Avenue sold most recently in Dec 19, 2013 for a total of $190,000. If you work out the math, that's approximately a cost of $97.69 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,095 in taxes each year. 7404 Memphis Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $311,017. If we break it down further, the land itself was valued at $45,738. Improvements to the property, however, were assessed at a total of $265,279. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.