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2355 South Strathmore Creek

2355 South Strathmore Creek, Memphis, TN 38112
Sold Aug 23, 2019
$494,000
$444,000 by Independent Bank
Mortgage Due Sep 01, 2049
2355 South Strathmore Creek in Memphis, TN was first built in 1931 and is 93 years old. Although, the building on the property was most recently renovated and altered in 1983. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a English style. There are a total of 2 floors. There are a total of 10 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 2355 South Strathmore Creek has 3,906 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 700 ft and the linear feet between the front and back of the lot is 1,710. In total, the area measurement of the land is 12,022 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a hip style roof made of composition shingle. For those who need parking, there is a attached garage. The garage is 576 sqft. There are a total of 2 available parking spaces. 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 good. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 2355 South Strathmore Creek sold most recently in Aug 15, 2019 for a total of $494,000. If you work out the math, that's approximately a cost of $110.22 per sqft. 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 $7,994 in taxes each year. 2355 South Strathmore Creek was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $131,225. If we break it down further, the land itself was valued at $14,900. Improvements to the property, however, were assessed at a total of $116,325. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

Building Features

Parking

Detached Garage
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1931
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Good
  • Building Quality: D
  • Building Style: English
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 12,022
  • Lot Size Depth Feet: 1,710
  • Lot Size Frontage Feet: 700
  • Total Building Area: 4,482
  • Gross Building Area: 4,482
  • Building Area: 3,906
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,906
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STRATHMORE PLACE
  • Land Acres: 0.276
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEE MAP GRID 131 M SS STRATHMORE CIRCLE S

Ownership

  • Current Owner : MCGOFF W JEFFREY
  • Current Owner 2: MCGOFF REBECCA
  • Previous Owner : LOEWENBERG HARRY
  • Previous Owner 2: LOEWENBERG CINDY S
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 002700

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 7-74
  • District: O
  • Parcel: 03-3007-0-0046
  • Lot: 18
  • Municipality: MEMPHIS
  • Latitude: 35.1426
  • Longitude: -89.9819

    Address

  • Full Address: 2355 S Strathmore Cir
  • Address - House Number: 2355
  • Street Direction: S
  • Address - Street Name: Strathmore
  • Address - Suffix Type: Cir
  • State: TN
  • City Name: Memphis
  • Carrier Code: C087
  • 4-Digit Zip Code: 3221
  • Zip Code: 38112

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,994

    Appraisal Valuation

  • Standard Deviation: 0.2281
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 68
  • Final Value: 657,895
  • High Value: 807,992
  • Low Value: 507,798

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $444,000
  • First Open Lien Mortgage Lender: INDEPENDENT BANK
  • First Open Lien Mortgage Recording Date: Aug 23, 2019
  • First Open Lien Mortgage Loan Amount: $444,000
  • 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: Sep 01, 2049

    Market Valuation

  • Market Total Value: $524,900
  • Market Land Value: $59,600
  • Market Improvement Value: $465,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $131,225
  • Assessed Land Value: $14,900
  • Assessed Improvements Value: $116,325

    Sales

  • Current Sale Contract Date: Aug 15, 2019
  • Current Sale Recording Date: Aug 23, 2019
  • Current Sale Transaction ID: 11637202973
  • Current Sale Price: $494,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19086332

    Last Sale Mortgage

  • First Mortgage Lender: INDEPENDENT BANK
  • First Mortgage Transaction Date: Aug 23, 2019
  • First Mortgage Loan Amount: $444,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2049

About Jackson - University Area



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Nearby Rentals

Unit for rent at

$1,325 /mo

  • 2 Beds
  • 1 Bath
  • 970 ft²
Listing by Manager
Unit for rent at

$1,195 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
Listing by The Wendell On Southern
Unit for rent at

$1,250 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
Listing by Newly Renovated by Neighborhood Revival
Unit for rent at

$1,200 /mo

  • 2 Beds
  • 1 Bath
  • 975 ft²
Listing by Manager
Unit for rent at

$1,200 /mo

  • 2 Beds
  • 1 Bath
  • 825 ft²
Listing by Manager
Unit for rent at

$1,195 /mo

  • 2 Beds
  • 1 Bath
Listing by Manager
Unit for rent at

$1,195 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 2355 South Strathmore Creek located in?
The 2355 South Strathmore Creek is a house located in the neighborhood of Jackson - University Area in Jackson - University Area, Memphis.
What is the average sales price for listings in 2355 South Strathmore Creek?
The average sales price for units in 2355 South Strathmore Creek is $498,000 currently.

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