See Home Value
$85,801*
House - Off Market

1061 RAYNER

Memphis, TN 38114
bedrooms
3 Beds
bathrooms
1 Bath
$60,000 - $70,000
Reference Base Price*
43.00%
Since Apr 1, 2020
National-US
Primary Model
Sold Apr 22, 2020
$60,000
$59,570 by Cogent Bank
Mortgage Due May 01, 2050
Sold Jan 28, 2008
$20,000
$18,000 by Wells Fargo Bank Na
Mortgage Due Feb 01, 2038

About This Property

Great 3 bedroom and 1 full bath home. A New Furnace! Eat-in kitchen with newer cabinets, dishwasher and micorwave and stove. Some of the other features include a laundry room, wood laminate flooring throughout and a front porch! Currently furnished, seller open to including furnishings with the sale of the home.  This home could be used as an Airbnb rental. You must see it in person!  Schedule your showing today!
Unit Size
-
Days on Market
-
Land Size
0.17 acres
Price per sqft
-
Property Type
House
Property Taxes
$540
HOA Dues
-
Year Built
1949

Price History

Date / Event Date Event Price
Apr 22, 2020 Sold to Barbara Jones $60,000
Sold to Barbara Jones
Mar 17, 2020 No longer available -
No longer available
Mar 9, 2020 Listed $60,000
Listed

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Cottage
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,323
  • Gross Building Area: 1,323
  • Building Area: 1,323
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Unsure
  • Heating: Yes
  • Heated Square Feet: 1,323
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KOEHLERS RAYNER ST RE
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: OF PART 8 CARR SUB WS RAYNER

Ownership

  • Current Owner : JONES BARBARA
  • Previous Owner : PHILLIPPS JASON
  • Previous Owner 2: 237 NORTH CEDAR ST TRUSTS
  • Owner Before Previous Owner: WELLS FARGO BANK NA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 006200

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 01-5019-0-0015
  • Lot: 1
  • Municipality: MEMPHIS
  • Latitude: 35.1172
  • Longitude: -90.0121

    Address

  • Full Address: 1061 Rayner St
  • Address - House Number: 1061
  • Address - Street Name: Rayner
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C063
  • 4-Digit Zip Code: 1817
  • Zip Code: 38114

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $924

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 12,400
  • High Value: 18,039
  • Low Value: 6,760

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $65,570
  • First Open Lien Mortgage Lender: COGENT BANK
  • First Open Lien Mortgage Recording Date: Apr 22, 2020
  • First Open Lien Mortgage Loan Amount: $59,570
  • 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: May 01, 2050
  • Second Open Lien Mortgage Lender: UNITED HOUSING INC
  • Second Open Lien Mortgage Recording Date: Apr 22, 2020
  • Second Open Lien Mortgage Loan Amount: $6,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second

    Market Valuation

  • Market Total Value: $60,700
  • Market Land Value: $10,000
  • Market Improvement Value: $50,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $15,175
  • Assessed Land Value: $2,500
  • Assessed Improvements Value: $12,675

    Sales

  • Current Sale Contract Date: Apr 15, 2020
  • Current Sale Recording Date: Apr 22, 2020
  • Current Sale Transaction ID: 11756507758
  • Current Sale Price: $60,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20040652
  • Previous Sale Recording Date: Jan 28, 2008
  • Previous Sale Contract Date: Jan 09, 2008
  • Previous Sale Amount: $20,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COGENT BANK
  • First Mortgage Transaction Date: Apr 22, 2020
  • First Mortgage Loan Amount: $59,570
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Jan 28, 2008
  • Previous Mortgage Loan Amount: $18,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Seller take-back
  • Previous Mortgage Loan Due Date: Feb 01, 2038



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
1 Bath
-
$55,000 Mar 31, 2023
-
$21/mo
Land
Loft
-
-
$49,000 May 4, 2022
-
$15/mo

About Depot Planning District


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Frequently Asked Questions

When was property at 1061 Rayner Street built and last sold?
The property at 1061 Rayner Street was built in 1949 and last sold on Apr 15, 2020 for $60,000.
How much is this home worth?
The estimated value of the home located at 1061 Rayner Street is $60,600.
What are some comparable homes to 1061 Rayner Street?
There are currently no comparable homes to 1061 Rayner Street.

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