Check Availability

1867 Monticello Drive

1867 Monticello Drive, Memphis, TN 38107
Property in University Lane
Sold Sep 09, 2022
$244,900
$232,655 by Mortgage Financial Services Ll
Mortgage Due Oct 01, 2052
Sold Dec 09, 2015
$110,000
$108,007 by Community Mortgage Corp
Mortgage Due Jan 01, 2046
1867 Monticello Drive 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 1947 and is 77 years old. The home has a total of 6 rooms. 3 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, 1867 Monticello Drive has 2,047 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 1,300 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 7,800 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a traditional 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 attached garage for those who require parking. The garage measured 228 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a unknown and 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 gable style roof made of composition shingle. The exterior walls of the building are made of brick veneer. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. 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, 1867 Monticello Drive was last sold in Sep 1, 2022 for $244,900. According to our calculations, that's $107.65 per sqft. Prior to that sales transaction, the property was sold for $110,000 in Dec 4, 2015. Current property owners are expected to pay $2,747 in taxes per year. The property on 1867 Monticello Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $36,100. To break that down further, the land itself was valued at $2,500. While improvements to the property were assessed at a total of $33,600. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

Building Features

Driveway

Driveway

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 228
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,800
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,275
  • Gross Building Area: 2,338
  • Building Area: 2,047
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,047
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COLONIAL TERRACE
  • Land Acres: 0.179
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SS MONTICELLO DR

Ownership

  • Current Owner : GARRETT ROSAMUND
  • Current Owner 2: GARRETT LUCY
  • Previous Owner : THOMASON CHARLENE B
  • Owner Before Previous Owner: ROSS SHARON
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 000700

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 9-142
  • District: O
  • Parcel: 04-1028-0-0003
  • Lot: 10
  • Municipality: MEMPHIS
  • Latitude: 35.1646
  • Longitude: -89.9951

    Address

  • Full Address: 1867 Monticello Dr
  • Address - House Number: 1867
  • Address - Street Name: Monticello
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Memphis
  • Carrier Code: C018
  • 4-Digit Zip Code: 3108
  • Zip Code: 38107

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,747

    Appraisal Valuation

  • Standard Deviation: 0.2512
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 250,384
  • High Value: 313,300
  • Low Value: 187,469

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $232,655
  • First Open Lien Mortgage Lender: MORTGAGE FINANCIAL SERVICES LL
  • First Open Lien Mortgage Recording Date: Sep 09, 2022
  • First Open Lien Mortgage Loan Amount: $232,655
  • 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: Oct 01, 2052

    Market Valuation

  • Market Total Value: $144,400
  • Market Land Value: $10,000
  • Market Improvement Value: $134,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $36,100
  • Assessed Land Value: $2,500
  • Assessed Improvements Value: $33,600

    Sales

  • Current Sale Contract Date: Sep 01, 2022
  • Current Sale Recording Date: Sep 09, 2022
  • Current Sale Transaction ID: 11895911631
  • Current Sale Price: $244,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 100734
  • Previous Sale Recording Date: Dec 09, 2015
  • Previous Sale Contract Date: Dec 04, 2015
  • Previous Sale Amount: $110,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE FINANCIAL SERVICES LL
  • First Mortgage Transaction Date: Sep 09, 2022
  • First Mortgage Loan Amount: $232,655
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: COMMUNITY MORTGAGE CORP
  • Previous Mortgage Transaction Date: Dec 09, 2015
  • Previous Mortgage Loan Amount: $108,007
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jan 01, 2046

About Midtown



Similar Buildings

Currently no similar buildings around

Nearby Rentals

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 1016 Sheridan Street, Memphis, TN, 38107

$1,450 /mo

  • 3 Beds
  • 1 Bath
  • 1,419 ft²
1016 Sheridan Street, Memphis, TN, 38107 Listing by Manager
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 925 Lewis St., Memphis, TN, 38107

$1,225 /mo

  • 3 Beds
  • 2 Baths
  • 1,020 ft²
925 Lewis St. #925 Lewis St., Memphis, TN, 38107 Listing by Manager
Unit for rent at 1985 Madison Ave., Memphis, TN, 38104

$1,225 /mo

  • 2 Beds
  • 1 Bath
  • 1,117 ft²
1985 Madison Ave. #MadisonAve1985 - 3, Memphis, TN, 38104 Listing by Manager
Unit for rent at 1989 Madison Ave, Memphis, TN, 38104

$1,250 /mo

  • 2 Beds
  • 1 Bath
  • 856 ft²
1989 Madison Ave #1989 Madison Ave 9, Memphis, TN, 38104 Listing by Manager

Frequently Asked Questions

What neighborhood is 1867 Monticello Drive located in?
The 1867 Monticello Drive is a located in the neighborhood of University Lane in Midtown, Memphis.
What is the average sales price for listings in 1867 Monticello Drive?
The average sales price for units in 1867 Monticello Drive is $0 currently.

Quantcast