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229 Marne Street

229 Marne Street, Memphis, TN 38111
Property in Joffre
Sold Aug 14, 2017
$90,000
$85,500 by Renasant Bank
Mortgage Due Sep 01, 2047
Local assessors in Memphis, TN have categorized 229 Marne Street as a residential type of property. The home was built in 1950 and is 74 years old. The property's lot size has been calculated to be 9,750 square feet. The linear feet between the front and back of the lot was measured at 1,500 ft and the front of the lot was measured at 650 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 229 Marne Street has a total of 916 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. The garage on the property is 280 sqft. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a gable style roof that was made of composition shingle. Lots of brick veneer were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. The property was last sold in Aug 11, 2017 for $90,000. That's $98.25 per sqft. 229 Marne Street was last assessed in 2022. The total value of the property was assessed at $44,950. Specifically, the land the property is located on was valued at $10,550. While improvements on the property were assessed at a total of $34,400. 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 $2,738. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • 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: 280
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,750
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 650
  • Total Building Area: 916
  • Gross Building Area: 916
  • Building Area: 916
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 916
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PALMETTO
  • Land Acres: 0.224
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 40 WS S MARNE DR

Ownership

  • Current Owner : EOFF GORDON C
  • Previous Owner : JURAND JERRY G
  • Previous Owner 2: JURAND RUTH R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 007200

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 04-5091-0-0055
  • Lot: 41N
  • Municipality: MEMPHIS
  • Latitude: 35.1255
  • Longitude: -89.956

    Address

  • Full Address: 229 Marne St
  • Address - House Number: 229
  • Address - Street Name: Marne
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C058
  • 4-Digit Zip Code: 3441
  • Zip Code: 38111

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,738

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 436,363
  • High Value: 634,824
  • Low Value: 237,901

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $85,500
  • First Open Lien Mortgage Lender: RENASANT BANK
  • First Open Lien Mortgage Recording Date: Aug 14, 2017
  • First Open Lien Mortgage Loan Amount: $85,500
  • 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: Sep 01, 2047

    Market Valuation

  • Market Total Value: $179,800
  • Market Land Value: $42,200
  • Market Improvement Value: $137,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $44,950
  • Assessed Land Value: $10,550
  • Assessed Improvements Value: $34,400

    Sales

  • Current Sale Contract Date: Aug 11, 2017
  • Current Sale Recording Date: Aug 14, 2017
  • Current Sale Transaction ID: 1732211559
  • Current Sale Price: $90,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 17082803

    Last Sale Mortgage

  • First Mortgage Lender: RENASANT BANK
  • First Mortgage Transaction Date: Aug 14, 2017
  • First Mortgage Loan Amount: $85,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2047

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Frequently Asked Questions

What neighborhood is 229 Marne Street located in?
The 229 Marne Street is a located in the neighborhood of Joffre in Jackson - University Area, Memphis.
What is the average sales price for listings in 229 Marne Street?
The average sales price for units in 229 Marne Street is $0 currently.

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