Check Availability

1742 N Parkway

1742 N Parkway, Memphis, TN 38112
Multifamily in Midtown
Sold Aug 09, 2019
$335,000
$328,932 by Independent Bank
Mortgage Due Aug 01, 2049
Sold Jun 15, 1998
$158,235
$156,698 by Enterprise National Bank
Mortgage Due Jul 01, 2028
Local assessors in Memphis, TN have categorized 1742 N Parkway as a residential type of property. The home was built in 1930 and is 94 years old. The property's lot size has been calculated to be 13,500 square feet. The linear feet between the front and back of the lot was measured at 2,250 ft and the front of the lot was measured at 600 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 14 rooms in the home. Of these, 7 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 are 4 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1742 N Parkway has a total of 3,105 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. 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 840 sqft. 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. 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 - A. The building has a roof that is made of composition shingle. Lots of rock and stone were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central 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, 1742 N Parkway was last sold in Jul 31, 2019 for $335,000. According to our calculations, that's $107.89 per sqft. Prior to that sales transaction, the property was sold for $158,235 in May 29, 1998. Current property owners are expected to pay $6,153 in taxes per year. The property on 1742 N Parkway was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $101,000. To break that down further, the land itself was valued at $15,600. While improvements to the property were assessed at a total of $85,400. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 14
  • Bedroom Count: 7
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Average
  • Building Quality: A
  • Building Style: Traditional
  • Exterior Walls Type: Rock and stone
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 840
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,500
  • Lot Size Depth Feet: 2,250
  • Lot Size Frontage Feet: 600
  • Total Building Area: 3,105
  • Gross Building Area: 3,105
  • Building Area: 3,105
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,105
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FAXONS EVERGREEN
  • Land Acres: 0.31
  • Standard Land Use Code: Triplex (3 units, any combination)
  • Legal Description 1: NS NO PARKWAY

Ownership

  • Current Owner : PASS KASSEY
  • Previous Owner : KENNEDY MICHAEL K
  • Previous Owner 2: WILLIAMSON RAY D
  • Owner Before Previous Owner: MCCROSKY NELL W

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 001700

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MAP 4 75&76
  • District: O
  • Parcel: 03-6051-0-0018
  • Lot: 5
  • Municipality: MEMPHIS
  • Latitude: 35.1534
  • Longitude: -90.0009

    Address

  • Full Address: 1742 N Parkway
  • Address - House Number: 1742
  • Street Direction: N
  • Address - Street Name: Parkway
  • State: TN
  • City Name: Memphis
  • Carrier Code: C066
  • 4-Digit Zip Code: 5066
  • Zip Code: 38112

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,153

    Appraisal Valuation

  • Standard Deviation: 0.2566
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 63
  • Final Value: 394,802
  • High Value: 496,118
  • Low Value: 293,487

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $328,932
  • First Open Lien Mortgage Lender: INDEPENDENT BANK
  • First Open Lien Mortgage Recording Date: Aug 09, 2019
  • First Open Lien Mortgage Loan Amount: $328,932
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2049

    Market Valuation

  • Market Total Value: $252,500
  • Market Land Value: $39,000
  • Market Improvement Value: $213,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $101,000
  • Assessed Land Value: $15,600
  • Assessed Improvements Value: $85,400

    Sales

  • Current Sale Contract Date: Jul 31, 2019
  • Current Sale Recording Date: Aug 09, 2019
  • Current Sale Transaction ID: 11635648088
  • Current Sale Price: $335,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19081130
  • Previous Sale Recording Date: Jun 15, 1998
  • Previous Sale Contract Date: May 29, 1998
  • Previous Sale Amount: $158,235
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: INDEPENDENT BANK
  • First Mortgage Transaction Date: Aug 09, 2019
  • First Mortgage Loan Amount: $328,932
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: ENTERPRISE NATIONAL BANK
  • Previous Mortgage Transaction Date: Jun 15, 1998
  • Previous Mortgage Loan Amount: $156,698
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jul 01, 2028

About Midtown



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 1050 N Parkway, Memphis, TN, 38105

$1,200 /mo

  • 1 Bed
  • 1 Bath
1050 N Parkway, Memphis, TN, 38105 Listing by Oksana Piven
Unit for rent at 2091 Vinton, Memphis, TN, 38104

$1,200 /mo

  • 2 Beds
  • 1 Bath
2091 Vinton #A, Memphis, TN, 38104 Listing by Corinne Adrian
Unit for rent at 128 Stonewall, Memphis, TN, 38104

$1,400 /mo

  • 1 Bed
  • 1 Bath
128 Stonewall #1, Memphis, TN, 38104 Listing by Jeanette Lin
Unit for rent at 518 Summitt St, Memphis, TN, 38104

$1,395 /mo

  • 2 Beds
  • 1 Bath
  • 980 ft²
518 Summitt St #518 Summitt St, Memphis, TN, 38104 Listing by Manager
Unit for rent at 2150 Washington Ave, Memphis, TN, 38104

$1,295 /mo

  • 2 Beds
  • 1 Bath
  • 1,032 ft²
2150 Washington Ave #2150 Washington Ave - 15, Memphis, TN, 38104 Listing by Manager
Unit for rent at 2098 Court Ave 201, Memphis, TN, 38104

$1,200 /mo

  • 1 Bed
  • 1 Bath
2098 Court Ave 201 #Unit 201, Memphis, TN, 38104 Listing by Manager
Unit for rent at 730 Maury Street, Memphis, TN, 38107

$1,200 /mo

  • 2 Beds
  • 1 Bath
  • 1,199 ft²
730 Maury Street #730 Maury Street, Memphis, TN, 38107 Listing by Manager

Frequently Asked Questions

What neighborhood is 1742 N Parkway located in?
The 1742 N Parkway is a multifamily located in the neighborhood of Midtown in Midtown, Memphis.
What is the average sales price for listings in 1742 N Parkway?
The average sales price for units in 1742 N Parkway is $0 currently.

Quantcast