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1388 National Street

1388 National Street, Memphis, TN 38122
Multifamily in Shelby
Sold Oct 17, 2022
$71,000
Sold Jan 08, 2020
$248,000
1388 National Street in Memphis, TN was first built in 1948 and is 76 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. There are a total of 1 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1388 National Street has 1,908 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 750 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 9,375 square feet.

Learn more about the property and building on this page. There is a unknown. The roof of the home is made of composition shingle. For those who need parking, there is a detached garage. The garage is 400 sqft. 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, 1388 National Street sold most recently in Aug 22, 2022 for a total of $71,000. If you work out the math, that's approximately a cost of $21.21 per sqft. Before that, the property was also sold for $248,000 in Dec 13, 2019. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $1,099 in taxes each year. 1388 National Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $18,040. If we break it down further, the land itself was valued at $2,880. Improvements to the property, however, were assessed at a total of $15,160. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 400
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,375
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 750
  • Total Building Area: 3,348
  • Gross Building Area: 3,348
  • Building Area: 1,908
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,908
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HAZELWOOD
  • Land Acres: 0.215
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: ES NATIONAL

Ownership

  • Current Owner : ABUSHANAB BASSAM
  • Previous Owner : JNRE INVESTMENTS LLC
  • Owner Before Previous Owner: CLUTCH INVESTMENTS LLC
  • Ownership Rights Codes: Married Man as his sole & separate property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 001100

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 5-48
  • District: O
  • Parcel: 04-3075-0-0035
  • Lot: 24-26
  • Municipality: MEMPHIS
  • Latitude: 35.1698
  • Longitude: -89.943

    Address

  • Full Address: 1388 National St
  • Address - House Number: 1388
  • Address - Street Name: National
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C082
  • 4-Digit Zip Code: 1204
  • Zip Code: 38122

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,099

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 68,603
  • High Value: 99,804
  • Low Value: 37,401

    Market Valuation

  • Market Total Value: $45,100
  • Market Land Value: $7,200
  • Market Improvement Value: $37,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $18,040
  • Assessed Land Value: $2,880
  • Assessed Improvements Value: $15,160

    Sales

  • Current Sale Contract Date: Aug 22, 2022
  • Current Sale Recording Date: Oct 17, 2022
  • Current Sale Transaction ID: 11897412226
  • Current Sale Price: $71,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 115350
  • Previous Sale Recording Date: Jan 08, 2020
  • Previous Sale Contract Date: Dec 13, 2019
  • Previous Sale Amount: $248,000
  • Previous Sale Document Type: Warranty Deed

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Frequently Asked Questions

What neighborhood is 1388 National Street located in?
The 1388 National Street is a multifamily located in the neighborhood of Shelby in Memphis, Memphis.
What is the average sales price for listings in 1388 National Street?
The average sales price for units in 1388 National Street is $0 currently.

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