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3144 Morningside Street

3144 Morningside Street, Memphis, TN 38127
House in Frayser
Sold Oct 07, 2019
$60,000
$45,000 by Chemical Bank
Mortgage Due Oct 01, 2049
Sold Jun 27, 2019
$13,900
Local assessors in Memphis, TN have categorized 3144 Morningside Street as a residential type of property. The home was built in 1948 and is 76 years old. It was most recently renovated and altered in 2005. The property's lot size has been calculated to be 7,000 square feet. The linear feet between the front and back of the lot was measured at 1,400 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a cottage 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, 2 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 is one full bathroom. There is also a partial bathroom. 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 3144 Morningside Street has a total of 867 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 detached garage for those who need a place to park their vehicle. The garage on the property is 336 sqft. 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 3144 Morningside Street sold most recently in Sep 30, 2019 for a total of $60,000. If you work out the math, that's approximately a cost of $69.20 per sqft. Before that, the property was also sold for $13,900 in Jun 21, 2019. 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 $772 in taxes each year. 3144 Morningside Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $13,125. If we break it down further, the land itself was valued at $1,425. Improvements to the property, however, were assessed at a total of $11,700. 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.

Building Features

Parking

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

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Cottage
  • 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: Detached
  • Garage Square Area: 336
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,000
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 500
  • Total Building Area: 867
  • Gross Building Area: 867
  • Building Area: 867
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 867
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: JEFFERSON PARK
  • Land Acres: 0.161
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ES MORNINGSIDE ST

Ownership

  • Current Owner : MEYER PAUL
  • Current Owner 2: RUIZ IRMA
  • Previous Owner : MID SOUTH HOMEBUYERS GP
  • Owner Before Previous Owner: POOLE BERNITA K

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 009902

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 9-88
  • District: O
  • Parcel: 06-9008-0-0059
  • Block: 4
  • Lot: 5
  • Municipality: MEMPHIS
  • Latitude: 35.2114
  • Longitude: -90.0386

    Address

  • Full Address: 3144 Morningside St
  • Address - House Number: 3144
  • Address - Street Name: Morningside
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C003
  • 4-Digit Zip Code: 6011
  • Zip Code: 38127

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $772

    Appraisal Valuation

  • Standard Deviation: 0.2645
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 62
  • Final Value: 103,294
  • High Value: 130,617
  • Low Value: 75,971

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $45,000
  • First Open Lien Mortgage Lender: CHEMICAL BANK
  • First Open Lien Mortgage Recording Date: Oct 07, 2019
  • First Open Lien Mortgage Loan Amount: $45,000
  • 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: Oct 01, 2049

    Market Valuation

  • Market Total Value: $52,500
  • Market Land Value: $5,700
  • Market Improvement Value: $46,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $13,125
  • Assessed Land Value: $1,425
  • Assessed Improvements Value: $11,700

    Sales

  • Current Sale Contract Date: Sep 30, 2019
  • Current Sale Recording Date: Oct 07, 2019
  • Current Sale Transaction ID: 11659071002
  • Current Sale Price: $60,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19104029
  • Previous Sale Recording Date: Jun 27, 2019
  • Previous Sale Contract Date: Jun 21, 2019
  • Previous Sale Amount: $13,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CHEMICAL BANK
  • First Mortgage Transaction Date: Oct 07, 2019
  • First Mortgage Loan Amount: $45,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: BANKTENNESSEE
  • Previous Mortgage Transaction Date: Jun 27, 2019
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Type: Credit Line (Revolving)

About Frayser - Raleigh PD



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Frequently Asked Questions

What neighborhood is 3144 Morningside Street located in?
The 3144 Morningside Street is a house located in the neighborhood of Frayser in Frayser - Raleigh PD, Memphis.
What is the average sales price for listings in 3144 Morningside Street?
The average sales price for units in 3144 Morningside Street is $0 currently.

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