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1604 Vera Cruz Street

1604 Vera Cruz Street, Memphis, TN 38117
Sold Oct 12, 2018
$144,000
$144,000 by Pinnacle Bank
Mortgage Due Nov 01, 2048
Sold Jun 09, 2011
$104,200
$101,558 by Mortgage Investors Group Inc
Mortgage Due Jun 01, 2041
1604 Vera Cruz Street has been categorized by the local assessors in Memphis, TN as a residential type of property. The building on the property was first built in 1958 and is 66 years old. However, we must point out that the home was most recently renovated and altered in 2000. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1604 Vera Cruz Street has 1,102 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,500 ft and across the front of the lot is 650 ft. The area measurement of the land has been determined as 9,750 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a traditional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a carport for those who require parking. The garage measured 198 sqft. According to our sources, there are a total of 4 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The building has a hip style roof made of composition shingle. The exterior walls of the building are made of brick veneer. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. The property was last sold in Oct 10, 2018 for $144,000. That's $130.67 per sqft. Prior to that sales transaction, the property was also sold in May 27, 2011 for $104,200. 1604 Vera Cruz Street was last assessed in 2022. The total value of the property was assessed at $44,950. Specifically, the land the property is located on was valued at $8,650. While improvements on the property were assessed at a total of $36,300. 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 $2,738. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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: 1958
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • 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: 198
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 9,750
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,102
  • Gross Building Area: 1,102
  • Building Area: 1,102
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,102
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GLEN PARK 5TH ADDITION
  • Land Acres: 0.224
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MCDONALD DEREK A
  • Previous Owner : VALLE KATIE SANTOS
  • Previous Owner 2: VALLE PHILIP B
  • Owner Before Previous Owner: SANDRIDGE STANLEY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 009502

Zoning

  • Zoning: R-8

Geography

  • District: O
  • Parcel: 06-7041-0-0016
  • Lot: 4
  • Municipality: MEMPHIS
  • Latitude: 35.0881
  • Longitude: -89.8892

    Address

  • Full Address: 1604 Vera Cruz St
  • Address - House Number: 1604
  • Address - Street Name: Vera Cruz
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C030
  • 4-Digit Zip Code: 7302
  • Zip Code: 38117

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,738

    Appraisal Valuation

  • Standard Deviation: 0.253
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 234,571
  • High Value: 293,921
  • Low Value: 175,221

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $144,000
  • First Open Lien Mortgage Lender: PINNACLE BANK
  • First Open Lien Mortgage Recording Date: Oct 12, 2018
  • First Open Lien Mortgage Loan Amount: $144,000
  • 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: Nov 01, 2048

    Market Valuation

  • Market Total Value: $179,800
  • Market Land Value: $34,600
  • Market Improvement Value: $145,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $44,950
  • Assessed Land Value: $8,650
  • Assessed Improvements Value: $36,300

    Sales

  • Current Sale Contract Date: Oct 10, 2018
  • Current Sale Recording Date: Oct 12, 2018
  • Current Sale Transaction ID: 11520535771
  • Current Sale Price: $144,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 18104802
  • Previous Sale Recording Date: Jun 09, 2011
  • Previous Sale Contract Date: May 27, 2011
  • Previous Sale Amount: $104,200
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PINNACLE BANK
  • First Mortgage Transaction Date: Oct 12, 2018
  • First Mortgage Loan Amount: $144,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • Previous Mortgage Transaction Date: Jun 09, 2011
  • Previous Mortgage Loan Amount: $101,558
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 01, 2041

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Frequently Asked Questions

What neighborhood is 1604 Vera Cruz Street located in?
The 1604 Vera Cruz Street is a house located in the neighborhood of Sea Isle Park in Sea Isle Park, Memphis.
What is the average sales price for listings in 1604 Vera Cruz Street?
The average sales price for units in 1604 Vera Cruz Street is $0 currently.

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