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1002 New York Street

1002 New York Street, Memphis, TN 38104
Sold Dec 14, 2022
$500,000
$425,000 by Farmers And Merchants Bank
Mortgage Due Dec 12, 2025
Sold Sep 24, 2018
$370,000
$350,000 by Bank Of America Na
Mortgage Due Oct 01, 2048
1002 New York Street has been categorized by the local assessors in Memphis, TN as a residential type of property. The building on the property was first built in 2018 and is 6 years old. The home has a total of 6 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1002 New York Street has 2,544 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,100 ft and across the front of the lot is 410 ft. The area measurement of the land has been determined as 4,510 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a traditional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central 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. Based on our sources, 1002 New York Street was last sold in Dec 12, 2022 for $500,000. According to our calculations, that's $196.54 per sqft. Prior to that sales transaction, the property was sold for $370,000 in Sep 21, 2018. Current property owners are expected to pay $5,816 in taxes per year. The property on 1002 New York Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $95,475. To break that down further, the land itself was valued at $7,625. While improvements to the property were assessed at a total of $87,850. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Traditional
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,510
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 410
  • Total Building Area: 2,544
  • Gross Building Area: 2,544
  • Building Area: 2,544
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,544
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MT ARLINGTON S/D
  • Land Acres: 0.104
  • Standard Land Use Code: Single family residential
  • Legal Description 1: -31 ES NEW YORK

Ownership

  • Current Owner : DJS HOLDINGS LLC
  • Previous Owner : BRADLEY SAMUEL J
  • Previous Owner 2: DEMPSEY AMY
  • Owner Before Previous Owner: LONE STAR INVESTMENTS LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 006600

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 2-116
  • District: O
  • Parcel: 02-9025-0-0016
  • Block: E
  • Lot: 30&29
  • Municipality: MEMPHIS
  • Latitude: 35.1182
  • Longitude: -89.987

    Address

  • Full Address: 1002 New York St
  • Address - House Number: 1002
  • Address - Street Name: New York
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C062
  • 4-Digit Zip Code: 5822
  • Zip Code: 38104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,816

    Appraisal Valuation

  • Standard Deviation: 0.2355
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 441,652
  • High Value: 545,702
  • Low Value: 337,602

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $425,000
  • First Open Lien Mortgage Lender: FARMERS AND MERCHANTS BANK
  • First Open Lien Mortgage Recording Date: Dec 14, 2022
  • First Open Lien Mortgage Loan Amount: $425,000
  • First Open Lien Mortgage Term: 36
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Dec 12, 2025

    Market Valuation

  • Market Total Value: $381,900
  • Market Land Value: $30,500
  • Market Improvement Value: $351,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $95,475
  • Assessed Land Value: $7,625
  • Assessed Improvements Value: $87,850

    Sales

  • Current Sale Contract Date: Dec 12, 2022
  • Current Sale Recording Date: Dec 14, 2022
  • Current Sale Transaction ID: 11899678633
  • Current Sale Price: $500,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 133655
  • Previous Sale Recording Date: Sep 24, 2018
  • Previous Sale Contract Date: Sep 21, 2018
  • Previous Sale Amount: $370,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FARMERS AND MERCHANTS BANK
  • First Mortgage Transaction Date: Dec 14, 2022
  • First Mortgage Loan Amount: $425,000
  • First Mortgage Terms: 36
  • First Mortgage Loan Type: Credit Line (Revolving)
  • First Mortgage Loan Due Date: Dec 12, 2025

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Sep 24, 2018
  • Previous Mortgage Loan Amount: $350,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2048

About Depot Planning District



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Frequently Asked Questions

What neighborhood is 1002 New York Street located in?
The 1002 New York Street is a house located in the neighborhood of Cooper Young in Depot Planning District, Memphis.
What is the average sales price for listings in 1002 New York Street?
The average sales price for units in 1002 New York Street is $0 currently.

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