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1487 Sunset Street

1487 Sunset Street, Memphis, TN 38108
Sold Aug 20, 2019
$29,500
$106,400 by Bancorpsouth Bank
Mortgage
Sold Aug 15, 2019
$10,000
Local assessors in Memphis, TN have categorized 1487 Sunset Street as a residential type of property. The home was built in 1999 and is 25 years old. The property's lot size has been calculated to be 4,720 square feet. The linear feet between the front and back of the lot was measured at 1,180 ft and the front of the lot was measured at 400 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bungalow style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 4 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 1487 Sunset Street has a total of 1,328 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 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 - D. 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. 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, 1487 Sunset Street sold most recently in Aug 5, 2019 for a total of $29,500. If you work out the math, that's approximately a cost of $22.21 per sqft. Before that, the property was also sold for $10,000 in Aug 5, 2019. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $760 in taxes each year. 1487 Sunset Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $12,475. If we break it down further, the land itself was valued at $875. Improvements to the property, however, were assessed at a total of $11,600. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Bungalow
  • Exterior Walls Type: Brick veneer
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,720
  • Lot Size Depth Feet: 1,180
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,328
  • Gross Building Area: 1,328
  • Building Area: 1,328
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,328
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SOUTH BUNGALOW PARK
  • Land Acres: 0.108
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WS SUNSET

Ownership

  • Current Owner : PARPAR LLC
  • Previous Owner : BLUE SKY CAPITAL LLC
  • Owner Before Previous Owner: PACIFIC NORTHWEST INVESTMENTS LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 011100

Zoning

  • Zoning: RU-1

Geography

  • Assessors Map Reference: MB 9-63
  • District: O
  • Parcel: 04-3009-0-0064
  • Lot: 237
  • Municipality: MEMPHIS
  • Latitude: 35.173
  • Longitude: -89.9596

    Address

  • Full Address: 1487 Sunset St
  • Address - House Number: 1487
  • Address - Street Name: Sunset
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C017
  • 4-Digit Zip Code: 2516
  • Zip Code: 38108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $760

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 36,472
  • High Value: 53,059
  • Low Value: 19,884

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $106,400
  • First Open Lien Mortgage Lender: BANCORPSOUTH BANK
  • First Open Lien Mortgage Recording Date: Sep 10, 2021
  • First Open Lien Mortgage Loan Amount: $106,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $49,900
  • Market Land Value: $3,500
  • Market Improvement Value: $46,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $12,475
  • Assessed Land Value: $875
  • Assessed Improvements Value: $11,600

    Sales

  • Current Sale Contract Date: Aug 05, 2019
  • Current Sale Recording Date: Aug 20, 2019
  • Current Sale Transaction ID: 11636449030
  • Current Sale Price: $29,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19084913
  • Previous Sale Recording Date: Aug 15, 2019
  • Previous Sale Contract Date: Aug 05, 2019
  • Previous Sale Amount: $10,000
  • Previous Sale Document Type: Warranty Deed

About Douglas-Bungalow-Crump



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Frequently Asked Questions

What neighborhood is 1487 Sunset Street located in?
The 1487 Sunset Street is a house located in the neighborhood of Douglas-Bungalow-Crump in Douglas-Bungalow-Crump, Memphis.
What is the average sales price for listings in 1487 Sunset Street?
The average sales price for units in 1487 Sunset Street is $0 currently.

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