Check Availability

1661 Walter Street

1661 Walter Street, Memphis, TN 38108
Property in Shelby
Sold Jun 20, 2007
$33,250
$1,400,000 by Landmark Community Bank
Mortgage Due Aug 09, 2037
Sold Dec 31, 1998
$25,535
Buyer
Hud
Seller
Local assessors in Memphis, TN have categorized 1661 Walter Street 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 14,574 square feet. The linear feet between the front and back of the lot was measured at 1,270 ft and the front of the lot was measured at 1,060 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a cottage style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 rooms in the home. Of these, 2 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 1661 Walter Street has a total of 740 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. 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 - C. The building has a gable style roof that was made of composition shingle. Residents rely on a window/unit air conditioning for their cooling system. The home's a heating system is the primary heating source and it is being fueled with gas. 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, 1661 Walter Street was last sold in Jun 18, 2007 for $33,250. According to our calculations, that's $44.93 per sqft. Prior to that sales transaction, the property was sold for $25,535 in Dec 18, 1998. Current property owners are expected to pay $591 in taxes per year. The property on 1661 Walter Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $9,700. To break that down further, the land itself was valued at $2,300. While improvements to the property were assessed at a total of $7,400. 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. 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.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: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Cottage
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 14,574
  • Lot Size Depth Feet: 1,270
  • Lot Size Frontage Feet: 1,060
  • Total Building Area: 740
  • Gross Building Area: 740
  • Building Area: 740
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Window/unit air conditioning
  • Heating: Yes
  • Heated Square Feet: 740
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SIGNAL HEIGHTS
  • Land Acres: 0.335
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MEEKS JAKE
  • Current Owner 2: MEEKS EMILY
  • Previous Owner : HIGDON BILLY J
  • Owner Before Previous Owner: HUD
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 008800

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 05-3080-0-0014
  • Lot: 104
  • Municipality: MEMPHIS
  • Latitude: 35.1773
  • Longitude: -89.919

    Address

  • Full Address: 1661 Walter St
  • Address - House Number: 1661
  • Address - Street Name: Walter
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C001
  • 4-Digit Zip Code: 2944
  • Zip Code: 38108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $591

    Appraisal Valuation

  • Standard Deviation: 0.2487
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 81,657
  • High Value: 101,967
  • Low Value: 61,346

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,400,000
  • First Open Lien Mortgage Lender: LANDMARK COMMUNITY BANK
  • First Open Lien Mortgage Recording Date: Sep 08, 2017
  • First Open Lien Mortgage Loan Amount: $1,400,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Aug 09, 2037

    Market Valuation

  • Market Total Value: $38,800
  • Market Land Value: $9,200
  • Market Improvement Value: $29,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $9,700
  • Assessed Land Value: $2,300
  • Assessed Improvements Value: $7,400

    Sales

  • Current Sale Contract Date: Jun 18, 2007
  • Current Sale Recording Date: Jun 20, 2007
  • Current Sale Transaction ID: 1176664834
  • Current Sale Price: $33,250
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 07097061
  • Previous Sale Recording Date: Dec 31, 1998
  • Previous Sale Contract Date: Dec 18, 1998
  • Previous Sale Amount: $25,535
  • Previous Sale Document Type: Other

    Last Sale Mortgage

  • First Mortgage Lender: ARNOLD DORMER
  • First Mortgage Transaction Date: Jun 20, 2007
  • First Mortgage Loan Amount: $33,250
  • First Mortgage Terms: 2
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Sep 18, 2007

About Memphis



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 4574 Owen, Memphis, TN, 38122

$1,195 /mo

  • 2 Beds
  • 1 Bath
4574 Owen, Memphis, TN, 38122 Listing by Jo Mathes
Unit for rent at 830 Stratford, Memphis, TN, 38122

$1,175 /mo

  • 2 Beds
  • 1 Bath
830 Stratford, Memphis, TN, 38122 Listing by Jo Mathes
Unit for rent at 3447 Tutwiler, Memphis, TN, 38122

$1,200 /mo

  • 2 Beds
  • 1 Bath
3447 Tutwiler, Memphis, TN, 38122 Listing by Bradford Long

Frequently Asked Questions

What neighborhood is 1661 Walter Street located in?
The 1661 Walter Street is a located in the neighborhood of Shelby in Memphis, Memphis.
What is the average sales price for listings in 1661 Walter Street?
The average sales price for units in 1661 Walter Street is $0 currently.

Quantcast