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14 South Edgewood Street

14 South Edgewood Street, Memphis, TN 38104
Multifamily in Midtown
1 Units For Sale
Unit for sale at 14 S EDGEWOOD, Memphis, TN 38104

$440,000

  • 6 Beds
  • 4 Baths
14 S EDGEWOOD, Memphis, TN 38104 Listing by Terrance Hill

Local assessors in Memphis, TN have categorized 14 South Edgewood Street as a residential type of property. The home was built in 1968 and is 56 years old. The property's lot size has been calculated to be 7,350 square feet. The linear feet between the front and back of the lot was measured at 980 ft and the front of the lot was measured at 750 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 13 rooms in the home. Of these, 6 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 4 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 14 South Edgewood Street has a total of 2,855 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 back 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 roof that is made of composition shingle. Lots of brick veneer were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. The property was last sold in Jul 7, 2023 for $440,000. That's $154.12 per sqft. Prior to that sales transaction, the property was also sold in Jun 5, 2020 for $359,000. 14 South Edgewood Street was last assessed in 2023. The total value of the property was assessed at $51,275. Specifically, the land the property is located on was valued at $8,975. While improvements on the property were assessed at a total of $42,300. 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 $3,123. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200504
05/04/2020
6 Bed
4 Bath
-
$364,900
bedrooms
6 Bed
bathrooms
4 Bath
$359,000 -1.62%
07/24/2020
Brian Green

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 13
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Duplex
  • Exterior Walls Type: Brick veneer
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,350
  • Lot Size Depth Feet: 980
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,855
  • Gross Building Area: 2,855
  • Building Area: 2,855
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,855
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TERRY
  • Land Acres: 0.169
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: ES EDGEWOOD 100.165 FT S OF MADISN AVENUE

Ownership

  • Current Owner : RCMT INVESTMENTS LLC
  • Previous Owner : SOUDER GRACE JANAE
  • Previous Owner 2: SOUDER WILLIAM CARL
  • Owner Before Previous Owner: THE JUSTIE GROUP LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: RU-1

Geography

  • Assessors Map Reference: MB 35-2
  • District: O
  • Parcel: 02-8032-0-0013
  • Lot: 1
  • Municipality: MEMPHIS
  • Latitude: 35.1356
  • Longitude: -89.9854

    Address

  • Full Address: 14 S Edgewood St
  • Address - House Number: 14
  • Street Direction: S
  • Address - Street Name: Edgewood
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C026
  • 4-Digit Zip Code: 4347
  • Zip Code: 38104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,123

    Appraisal Valuation

  • Standard Deviation: 0.2487
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 345,552
  • High Value: 431,503
  • Low Value: 259,602

    Market Valuation

  • Market Total Value: $205,100
  • Market Land Value: $35,900
  • Market Improvement Value: $169,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $51,275
  • Assessed Land Value: $8,975
  • Assessed Improvements Value: $42,300

    Sales

  • Current Sale Contract Date: Jul 07, 2023
  • Current Sale Recording Date: Jul 10, 2023
  • Current Sale Transaction ID: 11909298237
  • Current Sale Price: $440,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 56289
  • Previous Sale Recording Date: Jul 24, 2020
  • Previous Sale Contract Date: Jun 05, 2020
  • Previous Sale Amount: $359,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: BNC NATIONAL BANK
  • Previous Mortgage Transaction Date: Jul 24, 2020
  • Previous Mortgage Loan Amount: $341,050
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Jul 01, 2050

About Midtown



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Frequently Asked Questions

What neighborhood is 14 South Edgewood Street located in?
The 14 South Edgewood Street is a multifamily located in the neighborhood of Midtown in Midtown, Memphis.
How many listings are currently for sale in 14 South Edgewood Street?
There is a listing currently on the market for sale.
What is the average sales price for listings in 14 South Edgewood Street?
The average sales price for units in 14 South Edgewood Street is $364,900 currently.

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