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1157 Biltmore Street

1157 Biltmore Street, Memphis, TN 38122
House in Shelby
Sold Dec 27, 2022
$78,500
$87,000 by Bpl Mortgage Trust Llc
Mortgage Due Oct 01, 2053
Sold Jul 11, 2022
$68,500
$65,000 by Crestcore Financial Llc
Mortgage Due Nov 10, 2022
1157 Biltmore 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 1940 and is 84 years old. The home has a total of 4 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1157 Biltmore Street has 817 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 1,500 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 7,500 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. 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 building has a gable style roof made of composition shingle. The exterior walls of the building are made of brick veneer. The inside of the home is being cooled with an air conditioning type we are unsure of at the moment. In terms of heating, it is utilizing a heating system and being fueled with gas. The property was last sold in Dec 21, 2022 for $78,500. That's $96.08 per sqft. Prior to that sales transaction, the property was also sold in Jun 24, 2022 for $68,500. 1157 Biltmore Street was last assessed in 2023. The total value of the property was assessed at $8,125. Specifically, the land the property is located on was valued at $1,525. While improvements on the property were assessed at a total of $6,600. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $495. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • 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: 817
  • Gross Building Area: 817
  • Building Area: 817
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Unsure
  • Heating: Yes
  • Heated Square Feet: 817
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BILTMORE
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WS BILTMORE

Ownership

  • Current Owner : G & A PRESTIGE INVESTMENTS LLC
  • Previous Owner : INNOVATIVE REAL ESTATE INVESTMENTS LLC
  • Owner Before Previous Owner: JNRE INVESTMENTS LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 001100

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 8-59
  • District: O
  • Parcel: 04-3066-0-0055
  • Lot: 17
  • Municipality: MEMPHIS
  • Latitude: 35.1637
  • Longitude: -89.9415

    Address

  • Full Address: 1157 Biltmore St
  • Address - House Number: 1157
  • Address - Street Name: Biltmore
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C086
  • 4-Digit Zip Code: 2044
  • Zip Code: 38122

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $495

    Appraisal Valuation

  • Standard Deviation: 0.2487
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 75,431
  • High Value: 94,194
  • Low Value: 56,669

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $87,000
  • First Open Lien Mortgage Lender: BPL MORTGAGE TRUST LLC
  • First Open Lien Mortgage Recording Date: Oct 05, 2023
  • First Open Lien Mortgage Loan Amount: $87,000
  • 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: Oct 01, 2053

    Market Valuation

  • Market Total Value: $32,500
  • Market Land Value: $6,100
  • Market Improvement Value: $26,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $8,125
  • Assessed Land Value: $1,525
  • Assessed Improvements Value: $6,600

    Sales

  • Current Sale Contract Date: Dec 21, 2022
  • Current Sale Recording Date: Dec 27, 2022
  • Current Sale Transaction ID: 11900325681
  • Current Sale Price: $78,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 137574
  • Previous Sale Recording Date: Jul 11, 2022
  • Previous Sale Contract Date: Jun 24, 2022
  • Previous Sale Amount: $68,500
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: CRESTCORE FINANCIAL LLC
  • Previous Mortgage Transaction Date: Jul 11, 2022
  • Previous Mortgage Loan Amount: $65,000
  • Previous Mortgage Term: 3
  • Previous Mortgage Loan Type: Building or Construction Loan
  • Previous Mortgage Loan Due Date: Nov 10, 2022

About Memphis



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Frequently Asked Questions

What neighborhood is 1157 Biltmore Street located in?
The 1157 Biltmore Street is a house located in the neighborhood of Shelby in Memphis, Memphis.
What is the average sales price for listings in 1157 Biltmore Street?
The average sales price for units in 1157 Biltmore Street is $0 currently.

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