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159 Running River Place

159 Running River Place, Memphis, TN 38103
Property in Harbor Town
Sold Jun 11, 2003
$297,000
$207,000 by E*trade Mortgage Corp
Mortgage Due Jun 01, 2033
Sold Nov 29, 2001
$279,000
$210,000 by Guaranty Residential Lending I
Mortgage Due Nov 01, 2008
159 Running River Place in Memphis, TN was first built in 1999 and is 25 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a traditional style. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 159 Running River Place has 2,097 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 370 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 3,667 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. For those who need parking, there is a attached garage. The garage is 588 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 159 Running River Place was last sold in May 29, 2003 for $297,000. According to our calculations, that's $110.61 per sqft. Prior to that sales transaction, the property was sold for $279,000 in Oct 29, 2001. Current property owners are expected to pay $6,277 in taxes per year. The property on 159 Running River Place was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $103,050. To break that down further, the land itself was valued at $17,875. While improvements to the property were assessed at a total of $85,175. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Traditional
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 588
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,667
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 370
  • Total Building Area: 2,685
  • Gross Building Area: 2,685
  • Building Area: 2,097
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,097
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HARBOR TOWN PD PHASE 16
  • Land Acres: 0.084
  • Standard Land Use Code: Planned unit development (pud residential)
  • Legal Description 1: SS RUNNING RIVER PLACE

Ownership

  • Current Owner : MURRAY DAVID
  • Previous Owner : GINGRICH DALE A
  • Owner Before Previous Owner: LASSITER BYRON
  • Owner Before Previous Owner 2: LASSITER MERRY E SEBELIK
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 000100

Zoning

  • Zoning: CMU-3

Geography

  • Assessors Map Reference: MB 167-37
  • District: O
  • Parcel: 00-1001-L0-0012
  • Lot: 359
  • Municipality: MEMPHIS
  • Latitude: 35.1665
  • Longitude: -90.0514

    Address

  • Full Address: 159 Running River Pl
  • Address - House Number: 159
  • Address - Street Name: Running River
  • Address - Suffix Type: Pl
  • State: TN
  • City Name: Memphis
  • Carrier Code: C033
  • 4-Digit Zip Code: 0872
  • Zip Code: 38103

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,277

    Appraisal Valuation

  • Standard Deviation: 0.2197
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 519,337
  • High Value: 633,437
  • Low Value: 405,237

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $207,000
  • First Open Lien Mortgage Lender: E*TRADE MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jun 11, 2003
  • First Open Lien Mortgage Loan Amount: $207,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2033

    Market Valuation

  • Market Total Value: $412,200
  • Market Land Value: $71,500
  • Market Improvement Value: $340,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $103,050
  • Assessed Land Value: $17,875
  • Assessed Improvements Value: $85,175

    Sales

  • Current Sale Contract Date: May 29, 2003
  • Current Sale Recording Date: Jun 11, 2003
  • Current Sale Transaction ID: 1176941998
  • Current Sale Price: $297,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 03113923
  • Previous Sale Recording Date: Nov 29, 2001
  • Previous Sale Contract Date: Oct 29, 2001
  • Previous Sale Amount: $279,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: E*TRADE MORTGAGE CORP
  • First Mortgage Transaction Date: Jun 11, 2003
  • First Mortgage Loan Amount: $207,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jun 01, 2033

    Previous Mortgages

  • Previous Mortgage Lender: GUARANTY RESIDENTIAL LENDING I
  • Previous Mortgage Transaction Date: Nov 29, 2001
  • Previous Mortgage Loan Amount: $210,000
  • Previous Mortgage Term: 83
  • Previous Mortgage Loan Type: Balloon
  • Previous Mortgage Loan Due Date: Nov 01, 2008

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Frequently Asked Questions

What neighborhood is 159 Running River Place located in?
The 159 Running River Place is a located in the neighborhood of Harbor Town in Downtown Memphis, Memphis.
What is the average sales price for listings in 159 Running River Place?
The average sales price for units in 159 Running River Place is $0 currently.

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