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1875 South Lauderdale Street

1875 South Lauderdale Street, Memphis, TN 38106
Sold Mar 18, 2024
$44,000
$69,300 by Loan Funder Llc
Mortgage Due Mar 11, 2025
Sold Nov 24, 2020
$38,000
1875 South Lauderdale Street in Memphis, TN was first built in 1945 and is 79 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a traditional style. It is a single story home. There are a total of 4 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1875 South Lauderdale Street has 951 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,500. In total, the area measurement of the land is 7,500 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of composition shingle. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as fair. The exterior walls of the home are made of brick veneer. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and 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, 1875 South Lauderdale Street was last sold in Mar 11, 2024 for $44,000. According to our calculations, that's $46.27 per sqft. Prior to that sales transaction, the property was sold for $38,000 in Oct 16, 2020. Current property owners are expected to pay $576 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 1875 South Lauderdale Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $9,450. To break that down further, the land itself was valued at $1,125. While improvements to the property were assessed at a total of $8,325. 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. 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.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
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Fair
  • Building Quality: D
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 951
  • Gross Building Area: 951
  • Building Area: 951
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 951
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LONGVIEW HEIGHTS 4TH ADDITION
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WS SOUTH LAUDERDALE

Ownership

  • Current Owner : MIDSOUTH REAL ESTATE INVESTMENTS CORP
  • Previous Owner : 1893 MCPHERSON DRIVE LLC
  • Owner Before Previous Owner: KNOLLWOOD REALTY LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 005600

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 04-9019-0-0014
  • Block: 410
  • Lot: 13
  • Municipality: MEMPHIS
  • Latitude: 35.0959
  • Longitude: -90.0446

    Address

  • Full Address: 1875 S Lauderdale St
  • Address - House Number: 1875
  • Street Direction: S
  • Address - Street Name: Lauderdale
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C061
  • 4-Digit Zip Code: 6607
  • Zip Code: 38106

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $576
  • Intital Tax Deliquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.4565
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 8
  • Final Value: 105,408
  • High Value: 153,530
  • Low Value: 57,285

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $69,300
  • First Open Lien Mortgage Lender: LOAN FUNDER LLC
  • First Open Lien Mortgage Recording Date: Mar 18, 2024
  • First Open Lien Mortgage Loan Amount: $69,300
  • First Open Lien Mortgage Term: 12
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 11, 2025

    Market Valuation

  • Market Total Value: $37,800
  • Market Land Value: $4,500
  • Market Improvement Value: $33,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $9,450
  • Assessed Land Value: $1,125
  • Assessed Improvements Value: $8,325

    Sales

  • Current Sale Contract Date: Mar 11, 2024
  • Current Sale Recording Date: Mar 18, 2024
  • Current Sale Transaction ID: 11922820142
  • Current Sale Price: $44,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 22190
  • Previous Sale Recording Date: Nov 24, 2020
  • Previous Sale Contract Date: Oct 16, 2020
  • Previous Sale Amount: $38,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOAN FUNDER LLC
  • First Mortgage Transaction Date: Mar 18, 2024
  • First Mortgage Loan Amount: $69,300
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 11, 2025

About South Memphis Planning Dist



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Frequently Asked Questions

What neighborhood is 1875 South Lauderdale Street located in?
The 1875 South Lauderdale Street is a house located in the neighborhood of Concerned Citizens Network System, Inc in South Memphis Planning Dist, Memphis.
What is the average sales price for listings in 1875 South Lauderdale Street?
The average sales price for units in 1875 South Lauderdale Street is $0 currently.

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