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358 South Greer Street

358 South Greer Street, Memphis, TN 38111
House in East Buntyn
Sold Nov 01, 2017
$285,000
$216,350 by Mortgage Investors Group Inc
Mortgage Due Jun 01, 2051
Sold Mar 04, 2015
$148,000
$120,472 by Navy Fcu
Mortgage Due Mar 01, 2045
358 South Greer Street has been categorized by the local assessors in Memphis, TN as a residential type of property. The building on the property was first built in 1940 and is 84 years old. However, we must point out that the home was most recently renovated and altered in 2001. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 358 South Greer Street has 1,995 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,650 ft and across the front of the lot is 640 ft. The area measurement of the land has been determined as 10,560 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a traditional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a carport for those who require parking. The garage measured 368 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of a combination of material. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery 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, 358 South Greer Street sold most recently in Oct 25, 2017 for a total of $285,000. If you work out the math, that's approximately a cost of $142.86 per sqft. Before that, the property was also sold for $148,000 in Feb 18, 2015. 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 $4,949 in taxes each year. 358 South Greer Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $81,250. If we break it down further, the land itself was valued at $8,375. Improvements to the property, however, were assessed at a total of $72,875. 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: 1940
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Frame
  • Building Style: Traditional
  • Exterior Walls Type: Combination
  • 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: 368
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 10,560
  • Lot Size Depth Feet: 1,650
  • Lot Size Frontage Feet: 640
  • Total Building Area: 1,995
  • Gross Building Area: 1,995
  • Building Area: 1,995
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,995
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OVERLAND
  • Land Acres: 0.242
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SS OVERLAND COR GREER SE

Ownership

  • Current Owner : BLOUNT SCOTT
  • Current Owner 2: BLOUNT KELLY
  • Previous Owner : CHAMBERS CHRISTINE M
  • Previous Owner 2: GANT CHARLES N
  • Owner Before Previous Owner: JOHNS EPISCOPAL CHURCH INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 007200

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 7-10
  • District: O
  • Parcel: 04-5104-0-0062
  • Lot: 27
  • Municipality: MEMPHIS
  • Latitude: 35.122
  • Longitude: -89.9542

    Address

  • Full Address: 358 S Greer St
  • Address - House Number: 358
  • Street Direction: S
  • Address - Street Name: Greer
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C059
  • 4-Digit Zip Code: 3306
  • Zip Code: 38111

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,949

    Appraisal Valuation

  • Standard Deviation: 0.2385
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 408,665
  • High Value: 506,159
  • Low Value: 311,171

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $216,350
  • First Open Lien Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Open Lien Mortgage Recording Date: Jun 08, 2021
  • First Open Lien Mortgage Loan Amount: $216,350
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $325,000
  • Market Land Value: $33,500
  • Market Improvement Value: $291,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $81,250
  • Assessed Land Value: $8,375
  • Assessed Improvements Value: $72,875

    Sales

  • Current Sale Contract Date: Oct 25, 2017
  • Current Sale Recording Date: Nov 01, 2017
  • Current Sale Transaction ID: 11293105815
  • Current Sale Price: $285,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 17112666
  • Previous Sale Recording Date: Mar 04, 2015
  • Previous Sale Contract Date: Feb 18, 2015
  • Previous Sale Amount: $148,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Mortgage Transaction Date: Nov 01, 2017
  • First Mortgage Loan Amount: $228,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: NAVY FCU
  • Previous Mortgage Transaction Date: Mar 04, 2015
  • Previous Mortgage Loan Amount: $120,472
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Mar 01, 2045

About Jackson - University Area



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Frequently Asked Questions

What neighborhood is 358 South Greer Street located in?
The 358 South Greer Street is a house located in the neighborhood of East Buntyn in Jackson - University Area, Memphis.
What is the average sales price for listings in 358 South Greer Street?
The average sales price for units in 358 South Greer Street is $0 currently.

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