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1177 Minor Cove

1177 Minor Cove, Memphis, TN 38111
Sold Feb 10, 2020
$98,000
$94,514 by Cogent Bank
Mortgage Due Feb 01, 2050
Sold Jun 11, 2018
$38,100
Local assessors in Memphis, TN have categorized 1177 Minor Cove as a residential type of property. The home was built in 1957 and is 67 years old. It was most recently renovated and altered in 1970. The property's lot size has been calculated to be 15,832 square feet. The linear feet between the front and back of the lot was measured at 1,230 ft and the front of the lot was measured at 1,160 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 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 2 full bathrooms. There are also 2 partial bathrooms. 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 1177 Minor Cove has a total of 1,966 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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 638 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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. 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 gable style roof that was made of composition shingle. Lots of brick veneer 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1177 Minor Cove was last sold in Jan 31, 2020 for $98,000. According to our calculations, that's $37.63 per sqft. Prior to that sales transaction, the property was sold for $38,100 in Feb 23, 2012. Current property owners are expected to pay $1,623 in taxes per year. The property on 1177 Minor Cove was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $26,650. To break that down further, the land itself was valued at $3,300. While improvements to the property were assessed at a total of $23,350. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Ranch/Rambler
  • 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
  • Garage Type: Attached
  • Garage Square Area: 638
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 15,832
  • Lot Size Depth Feet: 1,230
  • Lot Size Frontage Feet: 1,160
  • Total Building Area: 2,604
  • Gross Building Area: 2,604
  • Building Area: 1,966
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,966
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MINOR COVE
  • Land Acres: 0.364
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MIDDLEBROOKS RONALD
  • Current Owner 2: MIDDLEBROOKS JOANN
  • Previous Owner : REED MICHAEL
  • Owner Before Previous Owner: MOORE JAZMIN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 008000

Zoning

  • Zoning: RU-1

Geography

  • District: O
  • Parcel: 05-9088-0-0046
  • Lot: 1
  • Municipality: MEMPHIS
  • Latitude: 35.0995
  • Longitude: -89.9451

    Address

  • Full Address: 1177 Minor Cv
  • Address - House Number: 1177
  • Address - Street Name: Minor
  • Address - Suffix Type: Cv
  • State: TN
  • City Name: Memphis
  • Carrier Code: C051
  • 4-Digit Zip Code: 5526
  • Zip Code: 38111

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,623

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 410,939
  • High Value: 597,837
  • Low Value: 224,040

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $104,314
  • First Open Lien Mortgage Lender: COGENT BANK
  • First Open Lien Mortgage Recording Date: Feb 10, 2020
  • First Open Lien Mortgage Loan Amount: $94,514
  • 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: Feb 01, 2050
  • Second Open Lien Mortgage Lender: UNITED HOUSING INC
  • Second Open Lien Mortgage Recording Date: Feb 10, 2020
  • Second Open Lien Mortgage Loan Amount: $9,800
  • 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: $106,600
  • Market Land Value: $13,200
  • Market Improvement Value: $93,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $26,650
  • Assessed Land Value: $3,300
  • Assessed Improvements Value: $23,350

    Sales

  • Current Sale Contract Date: Jan 31, 2020
  • Current Sale Recording Date: Feb 10, 2020
  • Current Sale Transaction ID: 11723789177
  • Current Sale Price: $98,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20014570
  • Previous Sale Recording Date: Jun 11, 2018
  • Previous Sale Contract Date: Feb 23, 2012
  • Previous Sale Amount: $38,100
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: COGENT BANK
  • First Mortgage Transaction Date: Feb 10, 2020
  • First Mortgage Loan Amount: $94,514
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2050

About Jackson - University Area



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Frequently Asked Questions

What neighborhood is 1177 Minor Cove located in?
The 1177 Minor Cove is a located in the neighborhood of Jackson - University Area in Jackson - University Area, Memphis.
What is the average sales price for listings in 1177 Minor Cove?
The average sales price for units in 1177 Minor Cove is $0 currently.

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