306 South Cleveland Street, Memphis, TN 38104
Central Gardens, Midtown, Shelby
Nearby Active Listings
1945 Manila
Cooper Young, Depot Planning District, Shelby
Welcome to 306 South Cleveland Street, a building located in Central Gardens, Midtown, Shelby in Memphis, TN.
As a quick overview, these are the most up-to-date information we've collected about the property.
The building itself was built in 1928.
This is a single story building.
Finally, 306 South Cleveland Street was most recently sold on Dec 20, 2023 for $2,402,925.
The market value for the land that the building sits on has been listed at $587,100.
In addition, improvements upon the building have an added value of $2,257,700.
In total, the total market value of the property as a whole is $2,844,800.
According to local assessors, the total value of the building is currently valued at $1,137,920.
Specifically, the value of the land that the property sits on has been assessed at $234,840.
The building was last assessed in 2022.
Here's what we know about the features and amenities in this building.
While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead.
We are not sure what system the building uses for cooling.
Sadly, informaton related to the heating system was not disclosed.
There is no porch or patio on the premise of the property.
For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool.
The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
Facts
Effective Year Built
1928
Exterior Walls Type
Brick veneer
Interior Walls Type
unknown
Building
Property Class
Residential
Subdivision
LOT RECONFIGURATION PLAT LANIER
Standard Land Use Code
Apartments (generic)
County Land Use Code
unknown
Legal Description 1
ES CLEVELAND STREET COR LINDEN AVENUE (SE) SEE MAP 139A
Ownership
Current Owner
PORCH TREE LLC
Current Owner's Name
PORCH TREE LLC
Previous Owner
MPS BROADMOOR LLC
Previous Owner 2
MEMPHIS PROPERTY SOLUTIONS LLC
Owner Address - City
MEMPHIS
Owner Address - ZIP Code
38104
Ownership Rights Codes
unknown
Current Owner Is a Corporation Indicator
Yes
Neighborhood
School District Name
Shelby County School District
Census - Combined Statistical Area - Area Code
368
Census - Combined Statistical Area - Area Name
Memphis-Forrest City, TN-MS-AR
Census - County FIPS
47157
Census - Full FIPS
471570036002048
Census - Metro Micro Statistical Area - Area Code
32820
Census - Metro Micro Statistical Area - Area Name
Memphis, TN-MS-AR
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
4748000
Census Source
US Census Bureau
School District - Unified - Grade High
12
School District - Unified - Grade Low
PK
School District - Unified - LEA Code
4700148
School District - Unified - Name
Shelby County School District
Geography
Assessors Map Reference
MB 285-043
Mailing Carrier Code
C066
Mailing Full Street Address
1325 CARR AVE
Mailing House Number
1325
Mailing 4-Digit Zip Code
4531
Geo Status Code
Prior to setting the GEOsource field the default value was 'P'.
Valuation
Timestamp
2024-01-29 20:50:48
More About The Building
In total, the building area is listed as 78,498 square feet.
The building itself has 78,548 square footage of total floor area.
Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition.
The building class code for 306 South Cleveland Street is unknown but given the importance of this information, we will work to update this data as soon as possible.
Interested in learning more about the neighborhood that the property is located in?
Buildings in the Central Gardens area have a median price of $1,800.
Those in the 25th percentile, have a price around $1,800.
While those in the 75th percentile, have a price around $1,800.
As a breakdown, we've included the following stats:
- There are currently no studio listings being advertised in the area.
- There are currently no one bedroom listings being advertised in the area.
- There are currently no two bedroom listings being advertised in the area.
- There is currently a single advertised three bedroom listing.
- There are currently no four bedroom listings being advertised in the area.
About The Area
306 South Cleveland Street is located in 38104.
There are 23,979 people living here.
There are 12,647 households.
Most of these households have an average family size of 2.86 people.
According to the census, 67% are currently renting while 33% own their homes.
The median age of this population is around 38.1 years old.
On average, most folks in the zipcode are unmarried.
About 10% of folks speak a language other than English in this area.
The area's employment rate is currently around 65.9%.
Speaking of employment, the median income is $37,507.
Most folks will commute by car for around 19.7 minutes.
Finally, we know that 18% of residents in the area have graduated with their high school degree.
Additionally, 26% and 19% have their Bachelor's and Master's degree, respectfully.
Moving on to the county level.
Shelby County, Tennessee has a population of 936,990 people.
Based on census records, there are 349,956 registered households.
Families in this area are on average made up of 3.35 people per household.
Most folks are unmarried.
They are also typically around 35.1 years old.
Does diversity matter to you? Right now, 9% of folks speak a language other than English here.
About 44% rent while 56% purchased their homes.
Right now, the community is made up of 27% of residents who have graduated with at least a high school degree.
On top of that, 19% have a Bachelor's degree and 11% have a Master's degree.
The employment rate is currently around 58.9%.
Those employed, have a median income of $46,854.
If you move here, you can expect to commute mostly by car for around 22.8 minutes.
Finally, let's take a look at the stats related to Memphis, TN - MS - AR Urban Area.
The urban area is home to 1,074,615 people.
A total of 400,028 households are registered here.
With average family sizes being listed at 3.34 people.
About 27% of residents have graduated with a high school degree.
Of the rest, 18% have their Bachelor's and 11% have their Master's degree.
Folks speaking a language other than English, make up about 9% of the population.
Looking to move to this urban area? You'll need to look forward to commuting by car for around 22.6 minutes.
Speaking of your commute, 59.5% of people in this area are employed.
The recorded median income is currently at $47,101 per year.
The median population age has been listed at 34.8 years old.
Interestingly enough, unmarried people make up the majority of the population.
Last but not least, renters make up about 43% of the population while homeowners are at about 57% of the population.
Nearby Schools
(within attendance boundary)
581 S Bellevue Blvd, Memphis, TN 38104
Public
•
Elementary
•
Grades PK to 5
Shelby County School District
575 S Bellevue Blvd, Memphis, TN 38104
Public
•
Middle School
•
Grades 6 to 8
Shelby County School District
306 S Bellevue Blvd, Memphis, TN 38104
Public
•
High School
•
Grades 9 to 12
Shelby County School District
School zoning information and other data are provided by
RealtyHop Schools and 3rd party sources.
The contents of the database are not guaranteed to be accurate or timely.
Contact the schools or districts before making any decisions using on this data.