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131 Plainview Street

131 Plainview Street, Memphis, TN 38111
Sold Apr 08, 2022
$223,000
$218,960 by First Horizon Bank
Mortgage Due Apr 01, 2052
Sold Oct 17, 2017
$173,000
$167,810 by Iberiabank
Mortgage Due Nov 01, 2047
Local assessors in Memphis, TN have categorized 131 Plainview Street as a residential type of property. The home was built in 1945 and is 79 years old. It was most recently renovated and altered in 2003. The property's lot size has been calculated to be 4,813 square feet. The linear feet between the front and back of the lot was measured at 990 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a cottage style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 2 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 131 Plainview Street has a total of 1,078 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. 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 - A. 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 an air conditioning type we are unsure of for their cooling system. The home's a heating system is the primary heating source and it is 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, 131 Plainview Street was last sold in Mar 25, 2022 for $223,000. According to our calculations, that's $206.86 per sqft. Prior to that sales transaction, the property was sold for $173,000 in Oct 13, 2017. Current property owners are expected to pay $2,956 in taxes per year. The property on 131 Plainview Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $48,525. To break that down further, the land itself was valued at $5,475. While improvements to the property were assessed at a total of $43,050. 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: 1945
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: A
  • Building Style: Cottage
  • 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
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,813
  • Lot Size Depth Feet: 990
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,078
  • Gross Building Area: 1,078
  • Building Area: 1,078
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Unsure
  • Heating: Yes
  • Heated Square Feet: 1,078
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PLAINVIEW
  • Land Acres: 0.111
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WS PLAINVIEW TO RR

Ownership

  • Current Owner : AQUADRO ROBERT W
  • Previous Owner : JOSEPH MCCLURE ALEX
  • Previous Owner 2: JOSEPH ANNE KELLEY
  • Owner Before Previous Owner: WILSON VOLLMER INVESTMENTS LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 007100

Zoning

  • Zoning: RU-1

Geography

  • District: O
  • Parcel: 04-5012-0-0005
  • Lot: 28
  • Municipality: MEMPHIS
  • Latitude: 35.1285
  • Longitude: -89.9706

    Address

  • Full Address: 131 Plainview St
  • Address - House Number: 131
  • Address - Street Name: Plainview
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C084
  • 4-Digit Zip Code: 1927
  • Zip Code: 38111

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,956

    Appraisal Valuation

  • Standard Deviation: 0.2584
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 63
  • Final Value: 240,806
  • High Value: 303,052
  • Low Value: 178,559

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $218,960
  • First Open Lien Mortgage Lender: FIRST HORIZON BANK
  • First Open Lien Mortgage Recording Date: Apr 08, 2022
  • First Open Lien Mortgage Loan Amount: $218,960
  • 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: Apr 01, 2052

    Market Valuation

  • Market Total Value: $194,100
  • Market Land Value: $21,900
  • Market Improvement Value: $172,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $48,525
  • Assessed Land Value: $5,475
  • Assessed Improvements Value: $43,050

    Sales

  • Current Sale Contract Date: Mar 25, 2022
  • Current Sale Recording Date: Apr 08, 2022
  • Current Sale Transaction ID: 11885665988
  • Current Sale Price: $223,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 40516
  • Previous Sale Recording Date: Oct 17, 2017
  • Previous Sale Contract Date: Oct 13, 2017
  • Previous Sale Amount: $173,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST HORIZON BANK
  • First Mortgage Transaction Date: Apr 08, 2022
  • First Mortgage Loan Amount: $218,960
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: IBERIABANK
  • Previous Mortgage Transaction Date: Oct 17, 2017
  • Previous Mortgage Loan Amount: $167,810
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2047

About Depot Planning District



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Frequently Asked Questions

What neighborhood is 131 Plainview Street located in?
The 131 Plainview Street is a house located in the neighborhood of Depot Planning District in Depot Planning District, Memphis.
What is the average sales price for listings in 131 Plainview Street?
The average sales price for units in 131 Plainview Street is $0 currently.

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