Check Availability

1563 David Street

1563 David Street, Memphis, TN 38114
Sold Jun 24, 2021
$97,500
$73,125 by Delmar Financial Co
Mortgage Due Jul 01, 2051
Sold Apr 14, 2021
$37,575
Local assessors in Memphis, TN have categorized 1563 David Street as a residential type of property. The home was built in 1949 and is 75 years old. It was most recently renovated and altered in 1985. The property's lot size has been calculated to be 9,312 square feet. The linear feet between the front and back of the lot was measured at 1,840 ft and the front of the lot was measured at 510 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a style that we are currently unable to determine. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 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 is one full bathroom. There is also a partial bathroom. 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 1563 David Street has a total of 1,303 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 detached garage for those who need a place to park their vehicle. The garage on the property is 375 sqft. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. 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 gable 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. 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, 1563 David Street sold most recently in Jun 10, 2021 for a total of $97,500. If you work out the math, that's approximately a cost of $74.83 per sqft. Before that, the property was also sold for $37,575 in Mar 31, 2021. 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 $903 in taxes each year. 1563 David Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $14,825. If we break it down further, the land itself was valued at $1,000. Improvements to the property, however, were assessed at a total of $13,825. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1949
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Good
  • Building Quality: D
  • Building Style: Other
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 375
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,312
  • Lot Size Depth Feet: 1,840
  • Lot Size Frontage Feet: 510
  • Total Building Area: 1,303
  • Gross Building Area: 1,303
  • Building Area: 1,303
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,303
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SHOULTS
  • Land Acres: 0.214
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WS DAVID 585.7 FT N OF BARRON

Ownership

  • Current Owner : FITZGERALD DREW
  • Previous Owner : MID SOUTH HOMEBUYERS GP
  • Owner Before Previous Owner: STEWART WINSTON
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 006800

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 04-7065-0-0013
  • Lot: 8
  • Municipality: MEMPHIS
  • Latitude: 35.1026
  • Longitude: -89.975

    Address

  • Full Address: 1563 David St
  • Address - House Number: 1563
  • Address - Street Name: David
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C061
  • 4-Digit Zip Code: 3858
  • Zip Code: 38114

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $903

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 394,511
  • High Value: 573,938
  • Low Value: 215,083

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $73,125
  • First Open Lien Mortgage Lender: DELMAR FINANCIAL CO
  • First Open Lien Mortgage Recording Date: Jun 24, 2021
  • First Open Lien Mortgage Loan Amount: $73,125
  • 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: $59,300
  • Market Land Value: $4,000
  • Market Improvement Value: $55,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $14,825
  • Assessed Land Value: $1,000
  • Assessed Improvements Value: $13,825

    Sales

  • Current Sale Contract Date: Jun 10, 2021
  • Current Sale Recording Date: Jun 24, 2021
  • Current Sale Transaction ID: 11840681251
  • Current Sale Price: $97,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21075307
  • Previous Sale Recording Date: Apr 14, 2021
  • Previous Sale Contract Date: Mar 31, 2021
  • Previous Sale Amount: $37,575
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: DELMAR FINANCIAL CO
  • First Mortgage Transaction Date: Jun 24, 2021
  • First Mortgage Loan Amount: $73,125
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: BANKTENNESSEE
  • Previous Mortgage Transaction Date: Apr 14, 2021
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Type: Credit Line (Revolving)

About Depot Planning District



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 1515 Hope, Memphis, TN, 38111

$1,100 /mo

  • 2 Beds
  • 1 Bath
1515 Hope, Memphis, TN, 38111 Listing by Nickie Langley-Permenter
Unit for rent at 3171 Carnes, Memphis, TN, 38111

$1,300 /mo

  • 2 Beds
  • 1 Bath
3171 Carnes, Memphis, TN, 38111 Listing by Crystal Tu
Unit for rent at 3330 Midland, Memphis, TN, 38111

$2,800 /mo

  • 3 Beds
  • 2 Baths
3330 Midland, Memphis, TN, 38111 Listing by Cassandra DiMento
Unit for rent at 118 Plainview, Memphis, TN, 38111

$1,700 /mo

  • 3 Beds
  • 1.5 Baths
118 Plainview, Memphis, TN, 38111 Listing by Edwin Scruggs
Unit for rent at 3646 Spottswood, Memphis, TN, 38111

$945 /mo

  • 2 Beds
  • 1 Bath
3646 Spottswood #9, Memphis, TN, 38111 Listing by Jenna Williamson
Unit for rent at 1945 Manila, Memphis, TN, 38114

$1,600 /mo

  • 2 Beds
  • 1 Bath
1945 Manila, Memphis, TN, 38114 Listing by LaJuana Miller
Unit for rent at 230 W Edwin, Memphis, TN, 38104

$2,400 /mo

  • 3 Beds
  • 1 Bath
230 W Edwin, Memphis, TN, 38104 Listing by Corey Steinberg

Frequently Asked Questions

What neighborhood is 1563 David Street located in?
The 1563 David Street is a located in the neighborhood of David Street Block Club in Depot Planning District, Memphis.
What is the average sales price for listings in 1563 David Street?
The average sales price for units in 1563 David Street is $0 currently.

Quantcast