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1826 Cornelia Lane

1826 Cornelia Lane, Memphis, TN 38117
Sold Dec 27, 2018
$147,439
Sold Apr 18, 2012
$41,500
Local assessors in Memphis, TN have categorized 1826 Cornelia Lane as a residential type of property. The home was built in 1959 and is 65 years old. The property's lot size has been calculated to be 9,138 square feet. The linear feet between the front and back of the lot was measured at 1,150 ft and the front of the lot was measured at 800 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 7 rooms in the home. Of these, 3 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 2 full bathrooms. There are also 2 partial bathrooms. 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 1826 Cornelia Lane has a total of 1,522 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 detached garage for those who need a place to park their vehicle. The garage on the property is 480 sqft. Do you like to entertain? The home has a unknown so you'll have a great option in the front 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 - D. The building has a hip style roof that was made of composition shingle. Lots of brick veneer 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 1826 Cornelia Lane was last sold in Dec 20, 2018 for $147,439. According to our calculations, that's $96.87 per sqft. Prior to that sales transaction, the property was sold for $41,500 in Feb 24, 2012. Current property owners are expected to pay $2,010 in taxes per year. The property on 1826 Cornelia Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $33,000. To break that down further, the land itself was valued at $4,425. While improvements to the property were assessed at a total of $28,575. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • 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: Detached
  • Garage Square Area: 480
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,138
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,522
  • Gross Building Area: 1,522
  • Building Area: 1,522
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,522
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WILLOW PARK A
  • Land Acres: 0.21
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : GP MRP
  • Previous Owner : PILOT REALTY INVESTMENTS LLC
  • Owner Before Previous Owner: HART CHRISTINE R
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 009700

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 06-6045-0-0100
  • Lot: 59
  • Municipality: MEMPHIS
  • Latitude: 35.0818
  • Longitude: -89.908

    Address

  • Full Address: 1826 Cornelia Ln
  • Address - House Number: 1826
  • Address - Street Name: Cornelia
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Memphis
  • Carrier Code: C021
  • 4-Digit Zip Code: 7448
  • Zip Code: 38117

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,010

    Appraisal Valuation

  • Standard Deviation: 0.2487
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 192,759
  • High Value: 240,705
  • Low Value: 144,813

    Market Valuation

  • Market Total Value: $132,000
  • Market Land Value: $17,700
  • Market Improvement Value: $114,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $33,000
  • Assessed Land Value: $4,425
  • Assessed Improvements Value: $28,575

    Sales

  • Current Sale Contract Date: Dec 20, 2018
  • Current Sale Recording Date: Dec 27, 2018
  • Current Sale Transaction ID: 11546896356
  • Current Sale Price: $147,439
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 18130749
  • Previous Sale Recording Date: Apr 18, 2012
  • Previous Sale Contract Date: Feb 24, 2012
  • Previous Sale Amount: $41,500
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

About Colonial Acres



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Frequently Asked Questions

What neighborhood is 1826 Cornelia Lane located in?
The 1826 Cornelia Lane is a house located in the neighborhood of Colonial Acres in Colonial Acres, Memphis.
What is the average sales price for listings in 1826 Cornelia Lane?
The average sales price for units in 1826 Cornelia Lane is $0 currently.

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