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2964 Clearbrook Street

2964 Clearbrook Street, Memphis, TN 38118
Sold Oct 13, 2022
$145,000
Seller
$131,950 by Bartlett Mortgage Inc
Mortgage Due Nov 01, 2052
Sold Aug 30, 2022
$110,000
$89,600 by Southern Bancorp Bank
Mortgage Due Sep 01, 2037
Local assessors in Memphis, TN have categorized 2964 Clearbrook Street as a residential type of property. The home was built in 1960 and is 64 years old. It was most recently renovated and altered in 1989. The property's lot size has been calculated to be 10,140 square feet. The linear feet between the front and back of the lot was measured at 1,340 ft and the front of the lot was measured at 1,090 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, 3 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 are 2 full bathrooms. There are also 2 partial bathrooms. 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 2964 Clearbrook Street has a total of 1,313 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 223 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a unknown so you'll have a great option in the front 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 alum/vinyl siding 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. 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, 2964 Clearbrook Street sold most recently in Oct 12, 2022 for a total of $145,000. If you work out the math, that's approximately a cost of $110.43 per sqft. Before that, the property was also sold for $110,000 in Aug 19, 2022. 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 $1,328 in taxes each year. 2964 Clearbrook Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $21,800. If we break it down further, the land itself was valued at $3,000. Improvements to the property, however, were assessed at a total of $18,800. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1960
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Traditional
  • Exterior Walls Type: Alum/Vinyl siding
  • 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: 223
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 10,140
  • Lot Size Depth Feet: 1,340
  • Lot Size Frontage Feet: 1,090
  • Total Building Area: 1,313
  • Gross Building Area: 1,313
  • Building Area: 1,313
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,313
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARKWAY VILLAGE
  • Land Acres: 0.233
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : PEREZ GERARDO
  • Previous Owner : KEYRESI LLC
  • Owner Before Previous Owner: SIMPSON MICHAEL A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Married Man as his sole & separate property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 010710

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 07-4047-0-0068
  • Block: C
  • Lot: 575
  • Municipality: MEMPHIS
  • Latitude: 35.0679
  • Longitude: -89.8996

    Address

  • Full Address: 2964 Clearbrook St
  • Address - House Number: 2964
  • Address - Street Name: Clearbrook
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C060
  • 4-Digit Zip Code: 3380
  • Zip Code: 38118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,328

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 93,682
  • High Value: 136,289
  • Low Value: 51,074

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $131,950
  • First Open Lien Mortgage Lender: BARTLETT MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Oct 13, 2022
  • First Open Lien Mortgage Loan Amount: $131,950
  • 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, 2052

    Market Valuation

  • Market Total Value: $87,200
  • Market Land Value: $12,000
  • Market Improvement Value: $75,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $21,800
  • Assessed Land Value: $3,000
  • Assessed Improvements Value: $18,800

    Sales

  • Current Sale Contract Date: Oct 12, 2022
  • Current Sale Recording Date: Oct 13, 2022
  • Current Sale Transaction ID: 11897228849
  • Current Sale Price: $145,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 114875
  • Previous Sale Recording Date: Aug 30, 2022
  • Previous Sale Contract Date: Aug 19, 2022
  • Previous Sale Amount: $110,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BARTLETT MORTGAGE INC
  • First Mortgage Transaction Date: Oct 13, 2022
  • First Mortgage Loan Amount: $131,950
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: SOUTHERN BANCORP BANK
  • Previous Mortgage Transaction Date: Aug 30, 2022
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $89,600
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2037

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Frequently Asked Questions

What neighborhood is 2964 Clearbrook Street located in?
The 2964 Clearbrook Street is a located in the neighborhood of Southeast Memphis in Southeast Memphis, Memphis.
What is the average sales price for listings in 2964 Clearbrook Street?
The average sales price for units in 2964 Clearbrook Street is $0 currently.

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