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123 E Parkway North

123 E Parkway North, Memphis, TN 38104
Sold Jun 07, 2021
$632,000
$537,200 by Triumph Bank
Mortgage
Sold Dec 09, 2008
$517,000
$413,600 by Pulaski Mortgage Co
Mortgage Due Dec 01, 2038
123 E Parkway North 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 1920 and is 104 years old. The home has a total of 9 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 123 E Parkway North has 3,735 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 2,810 ft and across the front of the lot is 1,400 ft. The area measurement of the land has been determined as 29,185 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial 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. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 1,450 sqft. Residents will have the luxury of enjoying both a unknown and 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 B by the local assessor. The building has a gable style roof made of slate. The exterior walls of the building are made of brick veneer. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. 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, 123 E Parkway North sold most recently in May 28, 2021 for a total of $632,000. If you work out the math, that's approximately a cost of $169.21 per sqft. Before that, the property was also sold for $517,000 in Nov 13, 2008. 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 $9,246 in taxes each year. 123 E Parkway North was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $151,250. If we break it down further, the land itself was valued at $45,675. Improvements to the property, however, were assessed at a total of $105,575. 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. 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!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.

Building Features

Driveway

Driveway

Parking

Gated Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: B
  • Building Style: Colonial
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Slate
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 1,450
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 29,185
  • Lot Size Depth Feet: 2,810
  • Lot Size Frontage Feet: 1,400
  • Total Building Area: 3,735
  • Gross Building Area: 3,735
  • Building Area: 3,735
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,735
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OVERTON PARKWAY LAND CO
  • Land Acres: 0.67
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WS EAST PKWY N COR WASHINGTON AVE SW

Ownership

  • Current Owner : FORMAN SCOTT A
  • Previous Owner : HOLBOURN JENNIFER
  • Owner Before Previous Owner: GLANKLER KATHERINE H
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 003100

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 6-118
  • District: O
  • Parcel: 02-8029-0-0008
  • Lot: 6
  • Municipality: MEMPHIS
  • Latitude: 35.1394
  • Longitude: -89.9837

    Address

  • Full Address: 123 E Parkway N
  • Address - House Number: 123
  • Street Segment Direction: N
  • Street Direction: E
  • Address - Street Name: Parkway
  • State: TN
  • City Name: Memphis
  • Carrier Code: C026
  • 4-Digit Zip Code: 3034
  • Zip Code: 38104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,246

    Appraisal Valuation

  • Standard Deviation: 0.2355
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 659,847
  • High Value: 815,302
  • Low Value: 504,393

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $537,200
  • First Open Lien Mortgage Lender: TRIUMPH BANK
  • First Open Lien Mortgage Recording Date: Jun 07, 2021
  • First Open Lien Mortgage Loan Amount: $537,200
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $605,000
  • Market Land Value: $182,700
  • Market Improvement Value: $422,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $151,250
  • Assessed Land Value: $45,675
  • Assessed Improvements Value: $105,575

    Sales

  • Current Sale Contract Date: May 28, 2021
  • Current Sale Recording Date: Jun 07, 2021
  • Current Sale Transaction ID: 11837087115
  • Current Sale Price: $632,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21068672
  • Previous Sale Recording Date: Dec 09, 2008
  • Previous Sale Contract Date: Nov 13, 2008
  • Previous Sale Amount: $517,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TRIUMPH BANK
  • First Mortgage Transaction Date: Jun 07, 2021
  • First Mortgage Loan Amount: $537,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: PULASKI MORTGAGE CO
  • Previous Mortgage Transaction Date: Dec 09, 2008
  • Previous Mortgage Loan Amount: $413,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Dec 01, 2038

About Midtown



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Frequently Asked Questions

What neighborhood is 123 E Parkway North located in?
The 123 E Parkway North is a house located in the neighborhood of East Parkway in Midtown, Memphis.
What is the average sales price for listings in 123 E Parkway North?
The average sales price for units in 123 E Parkway North is $0 currently.

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