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1985 Prospect Street

1985 Prospect Street, Memphis, TN 38106
1985 Prospect Street in Memphis, TN was first built in 1961 and is 65 years old. This has been categorized as a property type. For those interested in architecture, the building on the property was built in a . There are a total of 100 floors. There are a total of 7 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. 1985 Prospect Street has 1,549 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 740 ft and the linear feet between the front and back of the lot is 2,450. In total, the area measurement of the land is 18,068 square feet.

Learn more about the property and building on this page. There is a . The home has a style roof made of . For those who need parking, there is a . The garage is 221 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 . The condition of the building has been evaluated as . The exterior walls of the home are made of . Walk into the home itself and you'll find that it is currently being cooled with . As for heating, the home is utilizing and being fueled with . 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, 1985 Prospect Street was last sold in Apr 21, 2022 for $119,000. According to our calculations, that's $67.23 per sqft. Prior to that sales transaction, the property was sold for $51,000 in Oct 30, 2021. Current property owners are expected to pay $140,717 in taxes per year. The property on 1985 Prospect Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $14,300. To break that down further, the land itself was valued at $1,000. While improvements to the property were assessed at a total of $13,300. 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.

Building Features

Parking

Attached Garage
Gated Parking

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20220228
02/28/2022
3 Bed
2 Bath
-
$139,900
bedrooms
3 Bed
bathrooms
2 Bath
-
-
Reginald Pruitt
Assured Real Estate Services


Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 3
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 221
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,068
  • Lot Size Depth Feet: 2,450
  • Lot Size Frontage Feet: 740
  • Total Building Area: 1,770
  • Gross Building Area: 1,770
  • Building Area: 1,549
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,549
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COLEMAN & DLUGACH S/D
  • Land Acres: 0000000415
  • Standard Land Use Code: 1001
  • County Land Use Code: 062
  • Legal Description 1: ALLEY BUENA VISTA S/D & PART OF IDAHO AVE SUBDV

Neighborhood

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

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 04-9044-0-0015
  • Block: 7
  • Lot: 3
  • Municipality: MEMPHIS
  • Latitude: 35.0924
  • Longitude: -90.0378

    Address

  • Full Address: 1985 Prospect St
  • Address - House Number: 1985
  • Address - Street Name: Prospect
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C059
  • 4-Digit Zip Code: 7647
  • Zip Code: 38106

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $140,717
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2645
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 62
  • Final Value: 137,659
  • High Value: 174,073
  • Low Value: 101,246

    Market Valuation

  • Market Total Value: $57,200
  • Market Land Value: $4,000
  • Market Improvement Value: $53,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $14,300
  • Assessed Land Value: $1,000
  • Assessed Improvements Value: $13,300

    Sales

  • Current Sale Contract Date: Apr 21, 2022
  • Current Sale Recording Date: May 02, 2022
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 49902
  • Previous Sale Recording Date: Dec 23, 2021
  • Previous Sale Contract Date: Oct 30, 2021
  • Previous Sale Amount: $51,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About South Memphis Planning Dist



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Frequently Asked Questions

What neighborhood is 1985 Prospect Street located in?
The 1985 Prospect Street is a house located in the neighborhood of Longview Heights Civic Club in South Memphis Planning Dist, Memphis.
What is the average sales price for listings in 1985 Prospect Street?
The average sales price for units in 1985 Prospect Street is $0 currently.