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1403 Goodbar Avenue

1403 Goodbar Avenue, Memphis, TN 38104
Sold Jul 01, 2021
$615,000
$548,250 by Renasant Bank
Mortgage Due Jul 01, 2051
Sold Dec 10, 2015
$525,000
Local assessors in Memphis, TN have categorized 1403 Goodbar Avenue as a residential type of property. The home was built in 1912 and is 112 years old. It was most recently renovated and altered in 1990. The property's lot size has been calculated to be 9,780 square feet. The linear feet between the front and back of the lot was measured at 1,630 ft and the front of the lot was measured at 600 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 12 rooms in the home. Of these, 5 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 3 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 1403 Goodbar Avenue has a total of 4,001 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. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. The garage on the property is 117 sqft. There are 8 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and 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 - B. The building has a hip 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 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 1403 Goodbar Avenue was last sold in Jun 22, 2021 for $615,000. According to our calculations, that's $153.71 per sqft. Prior to that sales transaction, the property was sold for $525,000 in Dec 9, 2015. Current property owners are expected to pay $8,438 in taxes per year. The property on 1403 Goodbar Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $138,525. To break that down further, the land itself was valued at $20,150. While improvements to the property were assessed at a total of $118,375. 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. 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 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: 1912
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: B
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 117
  • Parking Space Count: 8

    Dimensions

  • Lot Size Square Feet: 9,780
  • Lot Size Depth Feet: 1,630
  • Lot Size Frontage Feet: 600
  • Total Building Area: 4,001
  • Gross Building Area: 4,001
  • Building Area: 4,001
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,001
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: P.P. WILLIAMS
  • Land Acres: 0.225
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SS GOODBAR

Ownership

  • Current Owner : PHILLIPS WESLEY S
  • Current Owner 2: PHILLIPS HANNAH
  • Previous Owner : MORRIS PARKE S
  • Previous Owner 2: MORRIS WHITLEY W
  • Owner Before Previous Owner: CLIFT COURTNEY G
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 003500

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 01-5001-0-0045
  • Lot: 31
  • Municipality: MEMPHIS
  • Latitude: 35.1285
  • Longitude: -90.0153

    Address

  • Full Address: 1403 Goodbar Ave
  • Address - House Number: 1403
  • Address - Street Name: Goodbar
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C070
  • 4-Digit Zip Code: 4801
  • Zip Code: 38104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,438

    Appraisal Valuation

  • Standard Deviation: 0.2281
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 68
  • Final Value: 642,822
  • High Value: 789,480
  • Low Value: 496,164

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $548,250
  • First Open Lien Mortgage Lender: RENASANT BANK
  • First Open Lien Mortgage Recording Date: Jul 01, 2021
  • First Open Lien Mortgage Loan Amount: $548,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Market Valuation

  • Market Total Value: $554,100
  • Market Land Value: $80,600
  • Market Improvement Value: $473,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $138,525
  • Assessed Land Value: $20,150
  • Assessed Improvements Value: $118,375

    Sales

  • Current Sale Contract Date: Jun 22, 2021
  • Current Sale Recording Date: Jul 01, 2021
  • Current Sale Transaction ID: 11841175417
  • Current Sale Price: $615,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21079730
  • Previous Sale Recording Date: Dec 10, 2015
  • Previous Sale Contract Date: Dec 09, 2015
  • Previous Sale Amount: $525,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: RENASANT BANK
  • First Mortgage Transaction Date: Jul 01, 2021
  • First Mortgage Loan Amount: $548,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

About Midtown



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Nearby Rentals

Unit for rent at

$2,750 /mo

  • 3 Beds
  • 2 Baths
Listing by Katy Quinn

Frequently Asked Questions

What neighborhood is 1403 Goodbar Avenue located in?
The 1403 Goodbar Avenue is a house located in the neighborhood of Central Gardens in Midtown, Memphis.
What is the average sales price for listings in 1403 Goodbar Avenue?
The average sales price for units in 1403 Goodbar Avenue is $629,000 currently.

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