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1290 Gherald Street

1290 Gherald Street, Memphis, TN 38122
Property in Shelby
Sold Jun 21, 1996
$43,500
$45,018 by Brighton Bank
Mortgage Due Jun 01, 2026
1290 Gherald Street 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 1952 and is 72 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1290 Gherald Street has 923 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 1,020 ft and across the front of the lot is 850 ft. The area measurement of the land has been determined as 8,027 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a cottage 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 396 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. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable style roof made of composition shingle. 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. 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, 1290 Gherald Street was last sold in May 24, 1996 for $43,500. According to our calculations, that's $47.13 per sqft. Current property owners are expected to pay $760 in taxes per year. The property on 1290 Gherald Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $12,475. To break that down further, the land itself was valued at $1,575. While improvements to the property were assessed at a total of $10,900. 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. 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.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: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Cottage
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 396
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,027
  • Lot Size Depth Feet: 1,020
  • Lot Size Frontage Feet: 850
  • Total Building Area: 923
  • Gross Building Area: 923
  • Building Area: 923
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 923
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WELLS TERRACE SUBDIVISION
  • Land Acres: 0.184
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : BURGETT JOHN D
  • Current Owner 2: BURGETT STACY W
  • Previous Owner : KING ROBERT E
  • Previous Owner 2: KING EVELYN E
  • 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: 05-3062-0-0001
  • Lot: 18
  • Municipality: MEMPHIS
  • Latitude: 35.1668
  • Longitude: -89.921

    Address

  • Full Address: 1290 Gherald St
  • Address - House Number: 1290
  • Address - Street Name: Gherald
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C062
  • 4-Digit Zip Code: 1650
  • Zip Code: 38122

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $760

    Appraisal Valuation

  • Standard Deviation: 0.2487
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 100,864
  • High Value: 125,953
  • Low Value: 75,776

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $46,447
  • First Open Lien Mortgage Lender: BRIGHTON BANK
  • First Open Lien Mortgage Recording Date: Jun 21, 1996
  • First Open Lien Mortgage Loan Amount: $45,018
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2026
  • Second Open Lien Mortgage Recording Date: Jun 21, 1996
  • Second Open Lien Mortgage Loan Amount: $1,429
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2026

    Market Valuation

  • Market Total Value: $49,900
  • Market Land Value: $6,300
  • Market Improvement Value: $43,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $12,475
  • Assessed Land Value: $1,575
  • Assessed Improvements Value: $10,900

    Sales

  • Current Sale Contract Date: May 24, 1996
  • Current Sale Recording Date: Jun 21, 1996
  • Current Sale Transaction ID: 1176669603
  • Current Sale Price: $43,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: FX-9238

    Last Sale Mortgage

  • First Mortgage Lender: BRIGHTON BANK
  • First Mortgage Transaction Date: Jun 21, 1996
  • First Mortgage Loan Amount: $45,018
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2026
  • Second Mortgage Loan Amount: $1,429

About Memphis



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Frequently Asked Questions

What neighborhood is 1290 Gherald Street located in?
The 1290 Gherald Street is a located in the neighborhood of Shelby in Memphis, Memphis.
What is the average sales price for listings in 1290 Gherald Street?
The average sales price for units in 1290 Gherald Street is $0 currently.

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