1171 Rayner Street

Local assessors in Memphis, TN have categorized 1171 Rayner Street as a type of property. The home was built in 1916 and is 110 years old. The property's lot size has been calculated to be 9,818 square feet. The linear feet between the front and back of the lot was measured at 1,960 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 . Now, let's dive a bit deeper into the details surrounding the home on the property. There is a single bedroom in the home. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a 100 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 1171 Rayner Street has a total of 1,584 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 a so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is . 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 - . The building has a style roof that was made of . Lots of were used in the construction of the exterior walls of the home. The home's is the primary heating source and it is being fueled with . There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Oct 27, 2023 for $70,000. That's $44.19 per sqft. Prior to that sales transaction, the property was also sold in Oct 30, 2013 for $203,500. 1171 Rayner Street was last assessed in 2022. The total value of the property was assessed at $19,550. Specifically, the land the property is located on was valued at $1,925. While improvements on the property were assessed at a total of $17,625. 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 $119,092. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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.