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1889 Tahiti Lane

1889 Tahiti Lane, Memphis, TN 38117
Property in Colonial Acres
Sold Apr 12, 2023
$185,000
$179,450 by Pinnacle Bank
Mortgage Due May 01, 2053
Sold May 14, 2020
$145,000
$116,000 by Security National Mortgage Co
Mortgage Due Jun 01, 2050
1889 Tahiti Lane in Memphis, TN was first built in 1955 and is 69 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 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1889 Tahiti Lane has 1,025 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 650 ft and the linear feet between the front and back of the lot is 1,100. In total, the area measurement of the land is 7,150 square feet.

Learn more about the property and building on this page. There is a unknown. The home has a gable style roof made of composition shingle. For those who need parking, there is a carport. The garage is 227 sqft. There is one available parking space. 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 average. 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, 1889 Tahiti Lane was last sold in Mar 31, 2023 for $185,000. According to our calculations, that's $180.49 per sqft. Prior to that sales transaction, the property was sold for $145,000 in May 9, 2020. Current property owners are expected to pay $2,204 in taxes per year. The property on 1889 Tahiti Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $36,175. To break that down further, the land itself was valued at $4,425. While improvements to the property were assessed at a total of $31,750. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • 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: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 227
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,150
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,025
  • Gross Building Area: 1,025
  • Building Area: 1,025
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,025
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WILLOWDALE A
  • Land Acres: 0.164
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MALONE STACEY
  • Previous Owner : RAMSUNDAR CLIFTON
  • Owner Before Previous Owner: PASSIVE WEALTH BUILDERS LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

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

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 06-6044-0-0012
  • Lot: 194
  • Municipality: MEMPHIS
  • Latitude: 35.0801
  • Longitude: -89.9105

    Address

  • Full Address: 1889 Tahiti Ln
  • Address - House Number: 1889
  • Address - Street Name: Tahiti
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Memphis
  • Carrier Code: C021
  • 4-Digit Zip Code: 7421
  • Zip Code: 38117

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,204

    Appraisal Valuation

  • Standard Deviation: 0.2625
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 62
  • Final Value: 191,306
  • High Value: 241,543
  • Low Value: 141,069

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $191,450
  • First Open Lien Mortgage Lender: PINNACLE BANK
  • First Open Lien Mortgage Recording Date: Apr 12, 2023
  • First Open Lien Mortgage Loan Amount: $179,450
  • 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: May 01, 2053
  • Second Open Lien Mortgage Recording Date: Apr 12, 2023
  • Second Open Lien Mortgage Loan Amount: $12,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: May 01, 2053

    Market Valuation

  • Market Total Value: $144,700
  • Market Land Value: $17,700
  • Market Improvement Value: $127,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $36,175
  • Assessed Land Value: $4,425
  • Assessed Improvements Value: $31,750

    Sales

  • Current Sale Contract Date: Mar 31, 2023
  • Current Sale Recording Date: Apr 12, 2023
  • Current Sale Transaction ID: 11905006739
  • Current Sale Price: $185,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 28468
  • Previous Sale Recording Date: May 14, 2020
  • Previous Sale Contract Date: May 09, 2020
  • Previous Sale Amount: $145,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PINNACLE BANK
  • First Mortgage Transaction Date: Apr 12, 2023
  • First Mortgage Loan Amount: $179,450
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2053
  • Second Mortgage Loan Amount: $12,000

    Previous Mortgages

  • Previous Mortgage Lender: SECURITY NATIONAL MORTGAGE CO
  • Previous Mortgage Transaction Date: May 14, 2020
  • Previous Mortgage Loan Amount: $116,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2050

About Colonial Acres



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Frequently Asked Questions

What neighborhood is 1889 Tahiti Lane located in?
The 1889 Tahiti Lane is a located in the neighborhood of Colonial Acres in Colonial Acres, Memphis.
What is the average sales price for listings in 1889 Tahiti Lane?
The average sales price for units in 1889 Tahiti Lane is $0 currently.

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