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301 East Strathmore Circle

301 East Strathmore Circle, Memphis, TN 38112
Sold Sep 18, 2017
$575,000
$215,000 by Iberiabank
Mortgage Due Oct 01, 2032
Sold Oct 02, 2006
$420,000
$336,000 by Pulaski Mortgage Co
Mortgage Due Oct 01, 2021
301 East Strathmore Circle in Memphis, TN was first built in 1925 and is 99 years old. Although, the building on the property was most recently renovated and altered in 1989. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a style that we are currently unable to determine. There are a total of 1 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 301 East Strathmore Circle has 3,374 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 1,270 ft and the linear feet between the front and back of the lot is 1,450. In total, the area measurement of the land is 18,415 square feet.

Learn more about the property and building on this page. There is a unknown. The home has a hip style roof made of composition shingle. For those who need parking, there is a detached garage. The garage is 630 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 B. The condition of the building has been evaluated as average. The exterior walls of the home are made of stucco. 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, 301 East Strathmore Circle sold most recently in Sep 14, 2017 for a total of $575,000. If you work out the math, that's approximately a cost of $170.42 per sqft. Before that, the property was also sold for $420,000 in Sep 14, 2006. 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 $8,688 in taxes each year. 301 East Strathmore Circle was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $142,625. If we break it down further, the land itself was valued at $20,325. Improvements to the property, however, were assessed at a total of $122,300. 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: 1925
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: B
  • Building Style: Other
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 630
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 18,415
  • Lot Size Depth Feet: 1,450
  • Lot Size Frontage Feet: 1,270
  • Total Building Area: 3,374
  • Gross Building Area: 3,374
  • Building Area: 3,374
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,374
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STRATHMORE PL
  • Land Acres: 0.423
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WS STRATHMORE CIRCLE E COR STRATHMORE CIRCLE N

Ownership

  • Current Owner : GLEESON THOMAS J
  • Current Owner 2: VAN MERSBERGEN GLEESON MIRIAM R
  • Previous Owner : LABONTE JOSEPH H
  • Previous Owner 2: LABONTE JUDY M
  • Owner Before Previous Owner: RUSSELL JAMES G
  • 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: 03-3008-0-0004
  • Lot: 25
  • Municipality: MEMPHIS
  • Latitude: 35.1438
  • Longitude: -89.9811

    Address

  • Full Address: 301 E Strathmore Cir
  • Address - House Number: 301
  • Street Direction: E
  • Address - Street Name: Strathmore
  • Address - Suffix Type: Cir
  • State: TN
  • City Name: Memphis
  • Carrier Code: C087
  • 4-Digit Zip Code: 3217
  • Zip Code: 38112

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,688

    Appraisal Valuation

  • Standard Deviation: 0.2394
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 720,377
  • High Value: 892,898
  • Low Value: 547,855

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $215,000
  • First Open Lien Mortgage Lender: IBERIABANK
  • First Open Lien Mortgage Recording Date: Sep 18, 2017
  • First Open Lien Mortgage Loan Amount: $215,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2032

    Market Valuation

  • Market Total Value: $570,500
  • Market Land Value: $81,300
  • Market Improvement Value: $489,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $142,625
  • Assessed Land Value: $20,325
  • Assessed Improvements Value: $122,300

    Sales

  • Current Sale Contract Date: Sep 14, 2017
  • Current Sale Recording Date: Sep 18, 2017
  • Current Sale Transaction ID: 1736258561
  • Current Sale Price: $575,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 17095973
  • Previous Sale Recording Date: Oct 02, 2006
  • Previous Sale Contract Date: Sep 14, 2006
  • Previous Sale Amount: $420,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: IBERIABANK
  • First Mortgage Transaction Date: Sep 18, 2017
  • First Mortgage Loan Amount: $215,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2032

    Previous Mortgages

  • Previous Mortgage Lender: PULASKI MORTGAGE CO
  • Previous Mortgage Transaction Date: Oct 02, 2006
  • Previous Mortgage Loan Amount: $336,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Oct 01, 2021

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Frequently Asked Questions

What neighborhood is 301 East Strathmore Circle located in?
The 301 East Strathmore Circle is a located in the neighborhood of Jackson - University Area in Jackson - University Area, Memphis.
What is the average sales price for listings in 301 East Strathmore Circle?
The average sales price for units in 301 East Strathmore Circle is $0 currently.

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