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1055 Tanglewood Street

1055 Tanglewood Street, Memphis, TN 38104
Sold Aug 13, 2019
$269,000
$232,000 by Renasant Bank
Mortgage Due Aug 01, 2050
Sold Mar 16, 2017
$196,000
$192,449 by Mortgage Investors Group Inc
Mortgage Due Apr 01, 2047
Local assessors in Memphis, TN have categorized 1055 Tanglewood Street as a residential type of property. The home was built in 1912 and is 112 years old. It was most recently renovated and altered in 1995. The property's lot size has been calculated to be 7,000 square feet. The linear feet between the front and back of the lot was measured at 1,400 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1055 Tanglewood Street has a total of 2,198 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 both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 frame 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 - D. The building has a hip style roof that was made of composition shingle. Lots of stucco were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is 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, 1055 Tanglewood Street sold most recently in Aug 12, 2019 for a total of $269,000. If you work out the math, that's approximately a cost of $122.38 per sqft. Before that, the property was also sold for $196,000 in Feb 23, 2017. 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 $3,883 in taxes each year. 1055 Tanglewood Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $63,750. If we break it down further, the land itself was valued at $11,000. Improvements to the property, however, were assessed at a total of $52,750. 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. 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.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

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1912
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Traditional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,000
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,198
  • Gross Building Area: 2,198
  • Building Area: 2,198
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,198
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COOPER
  • Land Acres: 0.161
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WS TANGLEWOOD 300 FT S OF WALKER

Ownership

  • Current Owner : FREDERICK BARRETT
  • Current Owner 2: RAINEY AUSTIN
  • Previous Owner : ALSTON DANIEL
  • Previous Owner 2: ALSTON RACHEL
  • Owner Before Previous Owner: FEDERMAN KTHQARINE BROWDER
  • Owner Before Previous Owner 2: FEDERMAN PETER E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 006300

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 03-1117-0-0011
  • Lot: 37
  • Municipality: MEMPHIS
  • Latitude: 35.1168
  • Longitude: -89.9936

    Address

  • Full Address: 1055 Tanglewood St
  • Address - House Number: 1055
  • Address - Street Name: Tanglewood
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C037
  • 4-Digit Zip Code: 5634
  • Zip Code: 38104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,883

    Appraisal Valuation

  • Standard Deviation: 0.2416
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 357,122
  • High Value: 443,430
  • Low Value: 270,813

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $232,000
  • First Open Lien Mortgage Lender: RENASANT BANK
  • First Open Lien Mortgage Recording Date: Jul 28, 2020
  • First Open Lien Mortgage Loan Amount: $232,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2050

    Market Valuation

  • Market Total Value: $255,000
  • Market Land Value: $44,000
  • Market Improvement Value: $211,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $63,750
  • Assessed Land Value: $11,000
  • Assessed Improvements Value: $52,750

    Sales

  • Current Sale Contract Date: Aug 12, 2019
  • Current Sale Recording Date: Aug 13, 2019
  • Current Sale Transaction ID: 11635784817
  • Current Sale Price: $269,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19082070
  • Previous Sale Recording Date: Mar 16, 2017
  • Previous Sale Contract Date: Feb 23, 2017
  • Previous Sale Amount: $196,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: RENASANT BANK
  • First Mortgage Transaction Date: Aug 13, 2019
  • First Mortgage Loan Amount: $234,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • Previous Mortgage Transaction Date: Mar 16, 2017
  • Previous Mortgage Loan Amount: $192,449
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Apr 01, 2047

About Depot Planning District



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Frequently Asked Questions

What neighborhood is 1055 Tanglewood Street located in?
The 1055 Tanglewood 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 1055 Tanglewood Street?
The average sales price for units in 1055 Tanglewood Street is $0 currently.

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