1119 Springdale Street

Local assessors in Memphis, TN have categorized 1119 Springdale Street as a commercial type of property. The home was built in 1963 and is 61 years old. The property's lot size has been calculated to be 6,580 square feet. The linear feet between the front and back of the lot was measured at 940 ft and the front of the lot was measured at 700 ft. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1119 Springdale Street has a total of 1,260 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. 1119 Springdale Street is a 2 code building. This code stands for "buildings that have fireproofed reinforced concrete frames carrying all wall, floor and roof loads which are all non-combustible.". Moving onto specific details regarding the building. Our sources show that the building condition is poor. 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 - C. Lots of concrete block 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 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, 1119 Springdale Street sold most recently in Sep 25, 2002 for a total of $22,500. If you work out the math, that's approximately a cost of $17.86 per sqft. Before that, the property was also sold for $22,500 in Sep 25, 2002. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $853 in taxes each year. The initial year of tax delinquency occurred in 2022. 1119 Springdale Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $14,000. If we break it down further, the land itself was valued at $2,880. Improvements to the property, however, were assessed at a total of $11,120. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.