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1588 Frayser Boulevard

1588 Frayser Boulevard, Memphis, TN 38127
Property in Alta Vista Stage
Sold Nov 30, 2018
$62,000
$7,333 by Secretary/housing & Urban Dev
Mortgage Due Dec 01, 2048
Sold Jul 17, 2018
$28,900
Local assessors in Memphis, TN have categorized 1588 Frayser Boulevard as a residential type of property. The home was built in 1954 and is 70 years old. The property's lot size has been calculated to be 14,696 square feet. The linear feet between the front and back of the lot was measured at 1,670 ft and the front of the lot was measured at 880 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 6 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 1588 Frayser Boulevard has a total of 1,392 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 336 sqft. 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. 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 - D. The building has a hip style roof that was made of composition shingle. Lots of a combination of material 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. The property was last sold in Nov 27, 2018 for $62,000. That's $44.54 per sqft. Prior to that sales transaction, the property was also sold in Jul 9, 2018 for $28,900. 1588 Frayser Boulevard was last assessed in 2022. The total value of the property was assessed at $15,200. Specifically, the land the property is located on was valued at $1,575. While improvements on the property were assessed at a total of $13,625. 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 $926. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Traditional
  • Exterior Walls Type: Combination
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 336
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 14,696
  • Lot Size Depth Feet: 1,670
  • Lot Size Frontage Feet: 880
  • Total Building Area: 1,392
  • Gross Building Area: 1,392
  • Building Area: 1,392
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,392
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ROLLING HILLS
  • Land Acres: 0.337
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NS FRAYSER BLVD

Ownership

  • Current Owner : MEDLEY RAY
  • Previous Owner : THE FRAYSER COMMUNITY DEVELOPMENT CORP
  • Owner Before Previous Owner: PEREZ EULALIO LOPEZ
  • Owner Before Previous Owner 2: TENIENTE MARGARITA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 010121

Zoning

  • Zoning: R-10

Geography

  • Assessors Map Reference: MB 17-61
  • District: O
  • Parcel: 07-0049-0-0026
  • Lot: 93
  • Municipality: MEMPHIS
  • Latitude: 35.218
  • Longitude: -90.0109

    Address

  • Full Address: 1588 Frayser Blvd
  • Address - House Number: 1588
  • Address - Street Name: Frayser
  • Address - Suffix Type: Blvd
  • State: TN
  • City Name: Memphis
  • Carrier Code: C035
  • 4-Digit Zip Code: 5432
  • Zip Code: 38127

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $926

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 66,692
  • High Value: 97,024
  • Low Value: 36,359

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $7,333
  • First Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • First Open Lien Mortgage Recording Date: Jul 27, 2023
  • First Open Lien Mortgage Loan Amount: $7,333
  • First Open Lien Mortgage Term: 304
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2048

    Market Valuation

  • Market Total Value: $60,800
  • Market Land Value: $6,300
  • Market Improvement Value: $54,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $15,200
  • Assessed Land Value: $1,575
  • Assessed Improvements Value: $13,625

    Sales

  • Current Sale Contract Date: Nov 27, 2018
  • Current Sale Recording Date: Nov 30, 2018
  • Current Sale Transaction ID: 11535823239
  • Current Sale Price: $62,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 18122575
  • Previous Sale Recording Date: Jul 17, 2018
  • Previous Sale Contract Date: Jul 09, 2018
  • Previous Sale Amount: $28,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: INDEPENDENT BANK
  • First Mortgage Transaction Date: Nov 30, 2018
  • First Mortgage Loan Amount: $54,232
  • First Mortgage Terms: 36
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 21, 2021

About Frayser - Raleigh PD



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Frequently Asked Questions

What neighborhood is 1588 Frayser Boulevard located in?
The 1588 Frayser Boulevard is a located in the neighborhood of Alta Vista Stage in Frayser - Raleigh PD, Memphis.
What is the average sales price for listings in 1588 Frayser Boulevard?
The average sales price for units in 1588 Frayser Boulevard is $0 currently.

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