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1400 Elvis Presley Bl

1400 Elvis Presley Bl, Memphis, TN 38106
Local assessors in Memphis, TN have categorized 1400 Elvis Presley Bl as a office type of property. The home was built in 1955 and is 69 years old. It was most recently renovated and altered in 1984. The property's lot size has been calculated to be 13,543 square feet. The linear feet between the front and back of the lot was measured at 1,226 ft and the front of the lot was measured at 1,104 ft. 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 1400 Elvis Presley Bl has a total of 3,979 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. 1400 Elvis Presley Bl is a 2 code building. This code stands for "buildings that have fireproofed reinforced concrete frames carrying all wall, floor and roof loads which are all non-combustible.". Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. 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 - C. Lots of brick 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 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, 1400 Elvis Presley Bl was last sold in Aug 19, 1998 for $10,000. According to our calculations, that's $2.51 per sqft. Prior to that sales transaction, the property was sold for $110,000 in Jul 11, 1997. Current property owners are expected to pay $5,575 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2020. The property on 1400 Elvis Presley Bl was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $91,520. To break that down further, the land itself was valued at $15,160. While improvements to the property were assessed at a total of $76,360. 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. 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!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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1984
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,543
  • Lot Size Depth Feet: 1,226
  • Lot Size Frontage Feet: 1,104
  • Total Building Area: 3,979
  • Gross Building Area: 3,979
  • Building Area: 3,979
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,979
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Fireproof reinforced concrete frames/Non-combustible materials
  • Property Class: Office
  • Subdivision: BOWEN & CLARK
  • Land Acres: 0.311
  • Standard Land Use Code: Commercial office (general)
  • Legal Description 1: SS QUINN COR BELLEVUE SE SEE MAP GRID# 156H

Ownership

  • Current Owner : MCCLAIN GEORGE
  • Current Owner 2: MCCLAIN DORIS
  • Previous Owner : MCMILLON SYLVESTER
  • Previous Owner 2: MCMILLON JACQUELINE
  • Owner Before Previous Owner: MCCLAIN GEORGE
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 006000

Zoning

  • Zoning: CMU-3

Geography

  • District: O
  • Parcel: 02-6049-0-0001C
  • Lot: 1-3
  • Municipality: MEMPHIS
  • Latitude: 35.1084
  • Longitude: -90.0212

    Address

  • Full Address: 1400 Elvis Presley Blvd
  • Address - House Number: 1400
  • Address - Street Name: Elvis Presley
  • Address - Suffix Type: Blvd
  • State: TN
  • City Name: Memphis
  • Carrier Code: C068
  • 4-Digit Zip Code: 4922
  • Zip Code: 38106

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,575
  • Intital Tax Deliquent Year: 2020

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $107,250
  • First Open Lien Mortgage Lender: COGENT BANK
  • First Open Lien Mortgage Recording Date: Aug 27, 2019
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $107,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $228,800
  • Market Land Value: $37,900
  • Market Improvement Value: $190,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $91,520
  • Assessed Land Value: $15,160
  • Assessed Improvements Value: $76,360

    Sales

  • Current Sale Contract Date: Aug 19, 1998
  • Current Sale Recording Date: Aug 21, 1998
  • Current Sale Transaction ID: 1176859681
  • Current Sale Price: $10,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: HS-3371
  • Previous Sale Recording Date: Aug 11, 1997
  • Previous Sale Contract Date: Jul 11, 1997
  • Previous Sale Amount: $110,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: GEORGE MCCLAIN
  • Previous Mortgage Transaction Date: Aug 11, 1997
  • Previous Mortgage Loan Amount: $104,500
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Seller take-back
  • Previous Mortgage Loan Due Date: Aug 01, 2012

About Depot Planning District



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Frequently Asked Questions

What neighborhood is 1400 Elvis Presley Bl located in?
The 1400 Elvis Presley Bl is a commercial located in the neighborhood of Depot Planning District in Depot Planning District, Memphis.
What is the average sales price for listings in 1400 Elvis Presley Bl?
The average sales price for units in 1400 Elvis Presley Bl is $0 currently.

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