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1696 Carruthers Place

1696 Carruthers Place, Memphis, TN 38112
Sold Nov 19, 2018
$375,000
$356,250 by Renasant Bank
Mortgage Due Nov 01, 2048
Sold Mar 20, 2007
$240,000
$258,960 by Regions Bank
Mortgage Due Jan 01, 2038
1696 Carruthers Place 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 1910 and is 114 years old. However, we must point out that the home was most recently renovated and altered in 1970. The home has a total of 9 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 1696 Carruthers Place has 2,588 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 1,680 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 8,400 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional 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 detached garage for those who require parking. The garage measured 572 sqft. Residents will have the luxury of enjoying 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 rock and stone. 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. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Oct 30, 2018 for $375,000. That's $144.90 per sqft. Prior to that sales transaction, the property was also sold in Mar 12, 2007 for $240,000. 1696 Carruthers Place was last assessed in 2022. The total value of the property was assessed at $98,250. Specifically, the land the property is located on was valued at $11,475. While improvements on the property were assessed at a total of $86,775. 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 $5,985. 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. 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: 1910
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Conventional
  • Exterior Walls Type: Rock and stone
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 572
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,400
  • Lot Size Depth Feet: 1,680
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,588
  • Gross Building Area: 2,588
  • Building Area: 2,588
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,588
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CARRUTHERS
  • Land Acres: 0.193
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NS CARRUTHERS

Ownership

  • Current Owner : PEACOCK EMELIA PRICE
  • Current Owner 2: PEACOCK DANIEL STEPHEN
  • Previous Owner : MCCULLY ERIC A
  • Previous Owner 2: MCCULLY LESLI B
  • Owner Before Previous Owner: MCKINNON ELIZABETH L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 002600

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 4-88-89
  • District: O
  • Parcel: 02-0059-0-0011
  • Block: 4
  • Lot: 8
  • Municipality: MEMPHIS
  • Latitude: 35.1465
  • Longitude: -90.0034

    Address

  • Full Address: 1696 Carruthers Pl
  • Address - House Number: 1696
  • Address - Street Name: Carruthers
  • Address - Suffix Type: Pl
  • State: TN
  • City Name: Memphis
  • Carrier Code: C064
  • 4-Digit Zip Code: 5208
  • Zip Code: 38112

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,985

    Appraisal Valuation

  • Standard Deviation: 0.2281
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 68
  • Final Value: 493,833
  • High Value: 606,500
  • Low Value: 381,167

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $356,250
  • First Open Lien Mortgage Lender: RENASANT BANK
  • First Open Lien Mortgage Recording Date: Nov 19, 2018
  • First Open Lien Mortgage Loan Amount: $356,250
  • 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: $393,000
  • Market Land Value: $45,900
  • Market Improvement Value: $347,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $98,250
  • Assessed Land Value: $11,475
  • Assessed Improvements Value: $86,775

    Sales

  • Current Sale Contract Date: Oct 30, 2018
  • Current Sale Recording Date: Nov 19, 2018
  • Current Sale Transaction ID: 11532823805
  • Current Sale Price: $375,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 18118664
  • Previous Sale Recording Date: Mar 20, 2007
  • Previous Sale Contract Date: Mar 12, 2007
  • Previous Sale Amount: $240,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: RENASANT BANK
  • First Mortgage Transaction Date: Nov 19, 2018
  • First Mortgage Loan Amount: $356,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: REGIONS BANK
  • Previous Mortgage Transaction Date: Mar 20, 2007
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $258,960
  • Previous Mortgage Term: 369
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jan 01, 2038

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Frequently Asked Questions

What neighborhood is 1696 Carruthers Place located in?
The 1696 Carruthers Place is a house located in the neighborhood of Evergreen Historic District in Midtown, Memphis.
What is the average sales price for listings in 1696 Carruthers Place?
The average sales price for units in 1696 Carruthers Place is $0 currently.

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