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320 North Highland Street

320 North Highland Street, Memphis, TN 38122
Property in Shelby
Sold Oct 07, 2021
$250,000
$162,500 by Everett Financial Inc
Mortgage Due Nov 01, 2051
Sold Feb 26, 2020
$140,000
$112,000 by Independent Bank
Mortgage Due Mar 01, 2035
320 North Highland Street in Memphis, TN was first built in 1983 and is 41 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a traditional style. There are a total of 2 floors. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 320 North Highland Street has 1,799 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 2,000 ft and the linear feet between the front and back of the lot is 2,000. In total, the area measurement of the land is 3,963 square feet.

Learn more about the property and building on this page. There is a unknown. For those who need parking, there is a attached garage. The garage is 528 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 A. The condition of the building has been evaluated as average. The exterior walls of the home are made of materials we are unsure of. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 320 North Highland Street was last sold in Oct 7, 2021 for $250,000. According to our calculations, that's $107.43 per sqft. Prior to that sales transaction, the property was sold for $140,000 in Feb 26, 2020. Current property owners are expected to pay $2,138 in taxes per year. The property on 320 North Highland Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $35,100. To break that down further, the land itself was valued at $4,950. While improvements to the property were assessed at a total of $30,150. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

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

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: A
  • Building Style: Traditional
  • Exterior Walls Type: Other
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 528
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,963
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 2,000
  • Total Building Area: 2,327
  • Gross Building Area: 2,327
  • Building Area: 1,799
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,799
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ARBOR THE CONDO
  • Land Acres: 0.091
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: UNIT 3 1/9 INTEREST IN 0.8198AC 320 N HIGHLAND ST

Ownership

  • Current Owner : GATWOOD ROBERT LEWIS
  • Current Owner 2: GATWOOD ERICA C
  • Previous Owner : FRETT MICHAEL J
  • Previous Owner 2: FRETT KATHY W
  • Owner Before Previous Owner: EVANS BEVAN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 002900

Zoning

  • Zoning: RU-3

Geography

  • District: O
  • Parcel: 04-4074-A0-0003
  • Municipality: MEMPHIS
  • Latitude: 35.1407
  • Longitude: -89.9444

    Address

  • Full Address: 320 N Highland St
  • Legal Unit: 3
  • Address - House Number: 320
  • Street Direction: N
  • Address - Street Name: Highland
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C073
  • 4-Digit Zip Code: 4507
  • Zip Code: 38122

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,138

    Appraisal Valuation

  • Standard Deviation: 0.2487
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 205,719
  • High Value: 256,888
  • Low Value: 154,549

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $162,500
  • First Open Lien Mortgage Lender: EVERETT FINANCIAL INC
  • First Open Lien Mortgage Recording Date: Oct 07, 2021
  • First Open Lien Mortgage Loan Amount: $162,500
  • 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: Nov 01, 2051

    Market Valuation

  • Market Total Value: $140,400
  • Market Land Value: $19,800
  • Market Improvement Value: $120,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $35,100
  • Assessed Land Value: $4,950
  • Assessed Improvements Value: $30,150

    Sales

  • Current Sale Contract Date: Oct 07, 2021
  • Current Sale Recording Date: Oct 07, 2021
  • Current Sale Transaction ID: 11858745943
  • Current Sale Price: $250,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21125821
  • Previous Sale Recording Date: Feb 26, 2020
  • Previous Sale Contract Date: Feb 26, 2020
  • Previous Sale Amount: $140,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EVERETT FINANCIAL INC
  • First Mortgage Transaction Date: Oct 07, 2021
  • First Mortgage Loan Amount: $162,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: INDEPENDENT BANK
  • Previous Mortgage Transaction Date: Feb 26, 2020
  • Previous Mortgage Loan Amount: $112,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2035

About Memphis



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Frequently Asked Questions

What neighborhood is 320 North Highland Street located in?
The 320 North Highland Street is a located in the neighborhood of Shelby in Memphis, Memphis.
What is the average sales price for listings in 320 North Highland Street?
The average sales price for units in 320 North Highland Street is $0 currently.

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