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1219 Perkins Terrace

1219 Perkins Terrace, Memphis, TN 38117
Sold Sep 13, 2018
$166,000
$106,000 by Mortgage Investors Corp
Mortgage Due Sep 01, 2048
Sold Oct 12, 2017
$1,687
$142,898 by Pinnacle Bank
Mortgage Due Nov 01, 2047
Local assessors in Memphis, TN have categorized 1219 Perkins Terrace as a residential type of property. The home was built in 1952 and is 72 years old. It was most recently renovated and altered in 1985. The property's lot size has been calculated to be 11,040 square feet. The linear feet between the front and back of the lot was measured at 1,600 ft and the front of the lot was measured at 690 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 7 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 1219 Perkins Terrace has a total of 1,380 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 unknown 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 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 hip style roof that was made of composition shingle. Lots of brick veneer were used in the construction of the exterior walls of the home. The home's a forced air unit 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. The property was last sold in Aug 29, 2018 for $166,000. That's $120.29 per sqft. Prior to that sales transaction, the property was also sold in Oct 3, 2017 for $1,687. 1219 Perkins Terrace was last assessed in 2022. The total value of the property was assessed at $45,300. Specifically, the land the property is located on was valued at $6,650. While improvements on the property were assessed at a total of $38,650. 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 $2,760. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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: 1952
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 7
  • 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: Hip
  • 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: 11,040
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 690
  • Total Building Area: 1,380
  • Gross Building Area: 1,380
  • Building Area: 1,380
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,380
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COLONIAL PLAZA
  • Land Acres: 0.253
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : BRUCE AMANDA
  • Previous Owner : WILLIAMSON DAX CHRISTIAN
  • Previous Owner 2: WILLIAMSONISSA JACQUELEEN MARIE
  • Owner Before Previous Owner: BLUE & WHITE PROPETIES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 009300

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 06-5005-0-0031
  • Lot: 138
  • Municipality: MEMPHIS
  • Latitude: 35.0984
  • Longitude: -89.9091

    Address

  • Full Address: 1219 Perkins Ter
  • Address - House Number: 1219
  • Address - Street Name: Perkins
  • Address - Suffix Type: Ter
  • State: TN
  • City Name: Memphis
  • Carrier Code: C014
  • 4-Digit Zip Code: 6011
  • Zip Code: 38117

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,760

    Appraisal Valuation

  • Standard Deviation: 0.2431
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 65
  • Final Value: 245,656
  • High Value: 305,384
  • Low Value: 185,928

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $106,000
  • First Open Lien Mortgage Lender: MORTGAGE INVESTORS CORP
  • First Open Lien Mortgage Recording Date: Sep 13, 2018
  • First Open Lien Mortgage Loan Amount: $106,000
  • 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: Sep 01, 2048

    Market Valuation

  • Market Total Value: $181,200
  • Market Land Value: $26,600
  • Market Improvement Value: $154,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $45,300
  • Assessed Land Value: $6,650
  • Assessed Improvements Value: $38,650

    Sales

  • Current Sale Contract Date: Aug 29, 2018
  • Current Sale Recording Date: Sep 13, 2018
  • Current Sale Transaction ID: 11505932739
  • Current Sale Price: $166,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 18093843
  • Previous Sale Recording Date: Oct 12, 2017
  • Previous Sale Contract Date: Oct 03, 2017
  • Previous Sale Amount: $1,687
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE INVESTORS CORP
  • First Mortgage Transaction Date: Sep 13, 2018
  • First Mortgage Loan Amount: $106,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: PINNACLE BANK
  • Previous Mortgage Transaction Date: Oct 12, 2017
  • Previous Mortgage Loan Amount: $142,898
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2047

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Frequently Asked Questions

What neighborhood is 1219 Perkins Terrace located in?
The 1219 Perkins Terrace is a house located in the neighborhood of Colonial Acres in Jackson - University Area, Memphis.
What is the average sales price for listings in 1219 Perkins Terrace?
The average sales price for units in 1219 Perkins Terrace is $0 currently.

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