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2020 Courtland Place

2020 Courtland Place, Memphis, TN 38104
Property in Idlewild
Sold Nov 08, 2021
$275,000
$187,500 by Brighton Bank
Mortgage Due Nov 01, 2051
Sold Feb 10, 2021
$114,500
$118,734 by Community Bank Of Mississippi
Mortgage Due Feb 10, 2022
2020 Courtland Place 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 bungalow style. It is a single story home. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 2020 Courtland Place has 1,682 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. There is a unknown. The roof of the home is made of composition shingle. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. 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. Walk into the home itself and you'll find that it is currently being cooled with a window/unit air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2020 Courtland Place sold most recently in Oct 29, 2021 for a total of $275,000. If you work out the math, that's approximately a cost of $163.50 per sqft. Before that, the property was also sold for $114,500 in Dec 10, 2020. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,560 in taxes each year. 2020 Courtland Place was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $58,440. If we break it down further, the land itself was valued at $22,400. Improvements to the property, however, were assessed at a total of $36,040. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

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: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Bungalow
  • 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: 1,682
  • Gross Building Area: 1,682
  • Building Area: 1,682
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Window/unit air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,682
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: UNION PARK PL
  • Land Acres: 0.172
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: NS COURTLAND

Ownership

  • Current Owner : JAIN AMIT
  • Current Owner 2: JAIN ANJALI FNU
  • Previous Owner : JONES NICOLE
  • Owner Before Previous Owner: JOHNSON KIMBERLY T
  • Owner Before Previous Owner 2: HARLIN TRACEY T
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 003200

Zoning

  • Zoning: RU-1

Geography

  • District: O
  • Parcel: 01-6064-0-0026
  • Lot: 34
  • Municipality: MEMPHIS
  • Latitude: 35.1326
  • Longitude: -89.9943

    Address

  • Full Address: 2020 Courtland Pl
  • Address - House Number: 2020
  • Address - Street Name: Courtland
  • Address - Suffix Type: Pl
  • State: TN
  • City Name: Memphis
  • Carrier Code: C035
  • 4-Digit Zip Code: 4140
  • Zip Code: 38104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,560

    Appraisal Valuation

  • Standard Deviation: 0.2487
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 254,551
  • High Value: 317,866
  • Low Value: 191,235

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $187,500
  • First Open Lien Mortgage Lender: BRIGHTON BANK
  • First Open Lien Mortgage Recording Date: Nov 08, 2021
  • First Open Lien Mortgage Loan Amount: $187,500
  • 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: Nov 01, 2051

    Market Valuation

  • Market Total Value: $146,100
  • Market Land Value: $56,000
  • Market Improvement Value: $90,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $58,440
  • Assessed Land Value: $22,400
  • Assessed Improvements Value: $36,040

    Sales

  • Current Sale Contract Date: Oct 29, 2021
  • Current Sale Recording Date: Nov 08, 2021
  • Current Sale Transaction ID: 11864303708
  • Current Sale Price: $275,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21139767
  • Previous Sale Recording Date: Feb 10, 2021
  • Previous Sale Contract Date: Dec 10, 2020
  • Previous Sale Amount: $114,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BRIGHTON BANK
  • First Mortgage Transaction Date: Nov 08, 2021
  • First Mortgage Loan Amount: $187,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: COMMUNITY BANK OF MISSISSIPPI
  • Previous Mortgage Transaction Date: Feb 10, 2021
  • Previous Mortgage Loan Amount: $118,734
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Feb 10, 2022

About Midtown



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Frequently Asked Questions

What neighborhood is 2020 Courtland Place located in?
The 2020 Courtland Place is a located in the neighborhood of Idlewild in Midtown, Memphis.
What is the average sales price for listings in 2020 Courtland Place?
The average sales price for units in 2020 Courtland Place is $0 currently.

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