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2618 Chatsworth Street

2618 Chatsworth Street, Memphis, TN 38127
Sold Mar 03, 2021
$33,500
$317,000 by Banktennessee
Mortgage Due Jan 20, 2044
Sold Feb 25, 2021
$33,500
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2618 Chatsworth Street 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 1923 and is 101 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2618 Chatsworth Street has 1,518 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 2,280 ft and across the front of the lot is 1,750 ft. The area measurement of the land has been determined as 39,900 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. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 460 sqft. According to our sources, there are a total of 2 available parking spaces. 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 an air conditioning type we are unsure of at the moment. In terms of heating, it is utilizing a heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Feb 23, 2021 for $33,500. That's $16.94 per sqft. Prior to that sales transaction, the property was also sold in Feb 23, 2021 for $33,500. 2618 Chatsworth Street was last assessed in 2022. The total value of the property was assessed at $20,750. Specifically, the land the property is located on was valued at $2,100. While improvements on the property were assessed at a total of $18,650. 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 $1,264. The initial tax year of delinquency was in 2022. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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: 1923
  • Effective Year Built: 1923
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • 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: Attached
  • Garage Square Area: 460
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 39,900
  • Lot Size Depth Feet: 2,280
  • Lot Size Frontage Feet: 1,750
  • Total Building Area: 1,978
  • Gross Building Area: 2,341
  • Building Area: 1,518
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Unsure
  • Heating: Yes
  • Heated Square Feet: 1,518
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WILLIAMSON RE PT
  • Land Acres: 0.916
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 317 & PT 318

Ownership

  • Current Owner : MTCS LLC
  • Previous Owner : C & C PROPERTY MANAGEMENT LLC
  • Owner Before Previous Owner: C & C PROPERTY MANAGEMENT LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 010220

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 07-2043-0-0034
  • Lot: 314
  • Municipality: MEMPHIS
  • Latitude: 35.1969
  • Longitude: -90.0003

    Address

  • Full Address: 2618 Chatworth St
  • Address - House Number: 2618
  • Address - Street Name: Chatworth
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C026
  • 4-Digit Zip Code: 8601
  • Zip Code: 38127

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,264
  • Intital Tax Deliquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.4541
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 9
  • Final Value: 405,002
  • High Value: 588,953
  • Low Value: 221,050

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $350,725
  • First Open Lien Mortgage Lender: BANKTENNESSEE
  • First Open Lien Mortgage Recording Date: Jan 30, 2024
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $317,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 20, 2044
  • Second Open Lien Mortgage Lender: INSOUTH BANK
  • Second Open Lien Mortgage Recording Date: Apr 06, 2021
  • Second Open Lien Mortgage Loan Amount: $33,725
  • Second Open Lien Mortgage Term: 60
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Commercial
  • Second Open Lien Mortgage Loan Due Date: Feb 22, 2026

    Market Valuation

  • Market Total Value: $83,000
  • Market Land Value: $8,400
  • Market Improvement Value: $74,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $20,750
  • Assessed Land Value: $2,100
  • Assessed Improvements Value: $18,650

    Sales

  • Current Sale Contract Date: Feb 23, 2021
  • Current Sale Recording Date: Mar 03, 2021
  • Current Sale Transaction ID: 11822207967
  • Current Sale Price: $33,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21024801
  • Previous Sale Recording Date: Feb 25, 2021
  • Previous Sale Contract Date: Feb 23, 2021
  • Previous Sale Amount: $33,500
  • Previous Sale Document Type: Warranty Deed

About Hollywood-Hyde Park-Springdale



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Frequently Asked Questions

What neighborhood is 2618 Chatsworth Street located in?
The 2618 Chatsworth Street is a house located in the neighborhood of Hollywood-Hyde Park-Springdale in Hollywood-Hyde Park-Springdale, Memphis.
What is the average sales price for listings in 2618 Chatsworth Street?
The average sales price for units in 2618 Chatsworth Street is $0 currently.

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