1682 Rayner Street

Local assessors in Memphis, TN have categorized 1682 Rayner Street as a commercial type of property. The home was built in 1981 and is 43 years old. The property's lot size has been calculated to be 19,600 square feet. The linear feet between the front and back of the lot was measured at 1,960 ft and the front of the lot was measured at 1,000 ft. 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 1682 Rayner Street has a total of 4,064 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. 1682 Rayner Street is a 4 code building. This code stands for "buildings that have wood or wood and steel frames.". 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 448 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is poor. 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 wood 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 - E. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source and it is being fueled with gas. The property was last sold in Sep 25, 2019 for $115,400. That's $28.40 per sqft. Prior to that sales transaction, the property was also sold in Mar 24, 2017 for $30,964. 1682 Rayner Street was last assessed in 2022. The total value of the property was assessed at $16,560. Specifically, the land the property is located on was valued at $9,600. While improvements on the property were assessed at a total of $6,960. 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 $1,009. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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.