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308 Stonewall Street

308 Stonewall Street, Memphis, TN 38112
Sold Jul 24, 2019
$616,500
$316,500 by Financial Federal Bank
Mortgage Due Aug 01, 2049
Sold Apr 01, 2005
$52,000
Local assessors in Memphis, TN have categorized 308 Stonewall Street as a residential type of property. The home was built in 1912 and is 112 years old. It was most recently renovated and altered in 1988. The property's lot size has been calculated to be 12,000 square feet. The linear feet between the front and back of the lot was measured at 2,000 ft and the front of the lot was measured at 600 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 4 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 3 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 308 Stonewall Street has a total of 3,260 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 garage for those who need a place to park their vehicle. The garage on the property is 1,022 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. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. 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 - B. The building has a hip 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Jul 24, 2019 for $616,500. That's $189.11 per sqft. Prior to that sales transaction, the property was also sold in Mar 2, 2005 for $52,000. 308 Stonewall Street was last assessed in 2022. The total value of the property was assessed at $156,525. Specifically, the land the property is located on was valued at $15,175. While improvements on the property were assessed at a total of $141,350. 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 $9,535. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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: 1912
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: Average
  • Building Quality: B
  • Building Style: Conventional
  • 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: Garage
  • Garage Square Area: 1,022
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 12,000
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 3,260
  • Gross Building Area: 3,260
  • Building Area: 3,260
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,260
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STONEWALL PL
  • Land Acres: 0.276
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ES STONEWALL

Ownership

  • Current Owner : WRIGHT WILLIAM M
  • Current Owner 2: WRIGHT LEE L
  • Previous Owner : CALLAWAY GILBERT
  • Previous Owner 2: CALLAWAY REBECCA
  • Owner Before Previous Owner: STURGES BRENDA K
  • Owner Before Previous Owner 2: MCKELVY MARTHA L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 002600

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 02-0044-0-0028
  • Lot: 43
  • Municipality: MEMPHIS
  • Latitude: 35.1468
  • Longitude: -90.0095

    Address

  • Full Address: 308 Stonewall St
  • Address - House Number: 308
  • Address - Street Name: Stonewall
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C066
  • 4-Digit Zip Code: 5114
  • Zip Code: 38112

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,535

    Appraisal Valuation

  • Standard Deviation: 0.2394
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 693,826
  • High Value: 859,989
  • Low Value: 527,663

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $316,500
  • First Open Lien Mortgage Lender: FINANCIAL FEDERAL BANK
  • First Open Lien Mortgage Recording Date: Jul 24, 2019
  • First Open Lien Mortgage Loan Amount: $316,500
  • 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: Aug 01, 2049

    Market Valuation

  • Market Total Value: $626,100
  • Market Land Value: $60,700
  • Market Improvement Value: $565,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $156,525
  • Assessed Land Value: $15,175
  • Assessed Improvements Value: $141,350

    Sales

  • Current Sale Contract Date: Jul 24, 2019
  • Current Sale Recording Date: Jul 24, 2019
  • Current Sale Transaction ID: 11628221293
  • Current Sale Price: $616,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19074357
  • Previous Sale Recording Date: Apr 01, 2005
  • Previous Sale Contract Date: Mar 02, 2005
  • Previous Sale Amount: $52,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FINANCIAL FEDERAL BANK
  • First Mortgage Transaction Date: Jul 24, 2019
  • First Mortgage Loan Amount: $316,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2049

About Midtown



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Frequently Asked Questions

What neighborhood is 308 Stonewall Street located in?
The 308 Stonewall Street is a located in the neighborhood of Evergreen Historic District in Midtown, Memphis.
What is the average sales price for listings in 308 Stonewall Street?
The average sales price for units in 308 Stonewall Street is $0 currently.

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