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1194 Vernon Cove

1194 Vernon Cove, Memphis, TN 38122
Property in Shelby
Sold Jul 10, 2003
$84,000
$84,000 by Community Mortgage Corp
Mortgage Due Jun 01, 2033
1194 Vernon Cove in Memphis, TN was first built in 1971 and is 53 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a traditional style. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 1194 Vernon Cove has 1,420 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 950 ft and the linear feet between the front and back of the lot is 960. In total, the area measurement of the land is 9,636 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable style roof made of composition shingle. For those who need parking, there is a attached garage. The garage is 420 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick veneer. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and 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, 1194 Vernon Cove sold most recently in May 30, 2003 for a total of $84,000. If you work out the math, that's approximately a cost of $45.65 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,171 in taxes each year. 1194 Vernon Cove was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $19,225. If we break it down further, the land itself was valued at $2,350. Improvements to the property, however, were assessed at a total of $16,875. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • 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
  • Garage Type: Attached
  • Garage Square Area: 420
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,636
  • Lot Size Depth Feet: 960
  • Lot Size Frontage Feet: 950
  • Total Building Area: 1,840
  • Gross Building Area: 1,840
  • Building Area: 1,420
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,420
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KINGSBURY SCHOOL SUBDV
  • Land Acres: 0.221
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : RUIZ ANGELICA
  • Previous Owner : ROBERTSON JESSE L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 008800

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 05-3018-0-0061
  • Lot: 15
  • Municipality: MEMPHIS
  • Latitude: 35.1641
  • Longitude: -89.9298

    Address

  • Full Address: 1194 Vernon Cv
  • Address - House Number: 1194
  • Address - Street Name: Vernon
  • Address - Suffix Type: Cv
  • State: TN
  • City Name: Memphis
  • Carrier Code: C089
  • 4-Digit Zip Code: 1558
  • Zip Code: 38122

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,171

    Appraisal Valuation

  • Standard Deviation: 0.2487
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 140,750
  • High Value: 175,759
  • Low Value: 105,740

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $84,000
  • First Open Lien Mortgage Lender: COMMUNITY MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jul 10, 2003
  • First Open Lien Mortgage Loan Amount: $84,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2033

    Market Valuation

  • Market Total Value: $76,900
  • Market Land Value: $9,400
  • Market Improvement Value: $67,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $19,225
  • Assessed Land Value: $2,350
  • Assessed Improvements Value: $16,875

    Sales

  • Current Sale Contract Date: May 30, 2003
  • Current Sale Recording Date: Jul 10, 2003
  • Current Sale Transaction ID: 1176673992
  • Current Sale Price: $84,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 03134938

    Last Sale Mortgage

  • First Mortgage Lender: COMMUNITY MORTGAGE CORP
  • First Mortgage Transaction Date: Jul 10, 2003
  • First Mortgage Loan Amount: $84,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jun 01, 2033

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Frequently Asked Questions

What neighborhood is 1194 Vernon Cove located in?
The 1194 Vernon Cove is a located in the neighborhood of Shelby in Memphis, Memphis.
What is the average sales price for listings in 1194 Vernon Cove?
The average sales price for units in 1194 Vernon Cove is $0 currently.

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