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1924 Tahiti Lane

1924 Tahiti Lane, Memphis, TN 38117
Sold Jun 05, 2019
$117,500
$94,000 by Bank Of Springfield
Mortgage Due Jun 01, 2049
Sold Mar 19, 2019
$76,000
$105,000 by Bridge Capital Thrift & Loan L
Mortgage
1924 Tahiti Lane 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 1955 and is 69 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1924 Tahiti Lane has 1,185 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 1,190 ft and across the front of the lot is 650 ft. The area measurement of the land has been determined as 7,714 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. Residents will have the luxury of enjoying 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. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. The property was last sold in May 29, 2019 for $117,500. That's $99.16 per sqft. Prior to that sales transaction, the property was also sold in Mar 18, 2019 for $76,000. 1924 Tahiti Lane was last assessed in 2022. The total value of the property was assessed at $31,200. Specifically, the land the property is located on was valued at $4,425. While improvements on the property were assessed at a total of $26,775. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,901. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

Carport
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: 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: 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: 7,714
  • Lot Size Depth Feet: 1,190
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,185
  • Gross Building Area: 1,185
  • Building Area: 1,185
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,185
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WILLOWDALE B
  • Land Acres: 0.177
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : VILLOSIS RICHARD
  • Previous Owner : MEMPHIS INVESTMENT PROPERTIES II LLC
  • Owner Before Previous Owner: CHATMAN EMMA JEAN

Neighborhood

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

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 06-6045-0-0053
  • Lot: 216
  • Municipality: MEMPHIS
  • Latitude: 35.0792
  • Longitude: -89.91

    Address

  • Full Address: 1924 Tahiti Ln
  • Address - House Number: 1924
  • Address - Street Name: Tahiti
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Memphis
  • Carrier Code: C021
  • 4-Digit Zip Code: 7422
  • Zip Code: 38117

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,901

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 103,161
  • High Value: 150,079
  • Low Value: 56,242

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $94,000
  • First Open Lien Mortgage Lender: BANK OF SPRINGFIELD
  • First Open Lien Mortgage Recording Date: Jun 05, 2019
  • First Open Lien Mortgage Loan Amount: $94,000
  • 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: Jun 01, 2049

    Market Valuation

  • Market Total Value: $124,800
  • Market Land Value: $17,700
  • Market Improvement Value: $107,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $31,200
  • Assessed Land Value: $4,425
  • Assessed Improvements Value: $26,775

    Sales

  • Current Sale Contract Date: May 29, 2019
  • Current Sale Recording Date: Jun 05, 2019
  • Current Sale Transaction ID: 11616443312
  • Current Sale Price: $117,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201906050054250
  • Previous Sale Recording Date: Mar 19, 2019
  • Previous Sale Contract Date: Mar 18, 2019
  • Previous Sale Amount: $76,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF SPRINGFIELD
  • First Mortgage Transaction Date: Jun 05, 2019
  • First Mortgage Loan Amount: $94,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: BRIDGE CAPITAL THRIFT & LOAN L
  • Previous Mortgage Transaction Date: Mar 19, 2019
  • Previous Mortgage Loan Amount: $105,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Colonial Acres



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Frequently Asked Questions

What neighborhood is 1924 Tahiti Lane located in?
The 1924 Tahiti Lane is a house located in the neighborhood of Colonial Acres in Colonial Acres, Memphis.
What is the average sales price for listings in 1924 Tahiti Lane?
The average sales price for units in 1924 Tahiti Lane is $0 currently.

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