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374 North McNeil Street

374 North McNeil Street, Memphis, TN 38112
Sold May 19, 2021
$383,000
$356,250 by Mortgage Investors Group Inc
Mortgage Due Jun 01, 2051
Sold Sep 16, 2019
$290,000
$260,000 by Wells Fargo Bank Na
Mortgage Due Oct 01, 2039
374 North McNeil Street in Memphis, TN was first built in 2000 and is 24 years old. Although, the building on the property was most recently renovated and altered in 2016. 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. It is a single story home. There are a total of 6 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. 374 North McNeil Street has 1,800 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 540 ft and the linear feet between the front and back of the lot is 1,510. In total, the area measurement of the land is 8,146 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. 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. 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, 374 North McNeil Street was last sold in May 3, 2021 for $383,000. According to our calculations, that's $212.78 per sqft. Prior to that sales transaction, the property was sold for $290,000 in Aug 30, 2019. Current property owners are expected to pay $4,549 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 374 North McNeil Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $74,675. To break that down further, the land itself was valued at $11,225. While improvements to the property were assessed at a total of $63,450. 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. 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!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

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2016
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Frame
  • Building Style: Traditional
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,146
  • Lot Size Depth Feet: 1,510
  • Lot Size Frontage Feet: 540
  • Total Building Area: 1,800
  • Gross Building Area: 1,800
  • Building Area: 1,800
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,800
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STONEWALL PLACE
  • Land Acres: 0.187
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ES MCNEIL

Ownership

  • Current Owner : TAYLOR MELISSA
  • Previous Owner : PRATT ANGELA
  • Owner Before Previous Owner: BAILEY KATHERINE
  • Owner Before Previous Owner 2: BAILEY GEORGE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 002500

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 02-0037-0-0065
  • Lot: 33
  • Municipality: MEMPHIS
  • Latitude: 35.1487
  • Longitude: -90.0108

    Address

  • Full Address: 374 N Mcneil St
  • Address - House Number: 374
  • Street Direction: N
  • Address - Street Name: Mcneil
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C066
  • 4-Digit Zip Code: 5123
  • Zip Code: 38112

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,549
  • Intital Tax Deliquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2281
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 68
  • Final Value: 398,741
  • High Value: 489,712
  • Low Value: 307,769

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $356,250
  • First Open Lien Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Open Lien Mortgage Recording Date: May 19, 2021
  • First Open Lien Mortgage Loan Amount: $356,250
  • 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: $298,700
  • Market Land Value: $44,900
  • Market Improvement Value: $253,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $74,675
  • Assessed Land Value: $11,225
  • Assessed Improvements Value: $63,450

    Sales

  • Current Sale Contract Date: May 03, 2021
  • Current Sale Recording Date: May 19, 2021
  • Current Sale Transaction ID: 11835249012
  • Current Sale Price: $383,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21060747
  • Previous Sale Recording Date: Sep 16, 2019
  • Previous Sale Contract Date: Aug 30, 2019
  • Previous Sale Amount: $290,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Mortgage Transaction Date: May 19, 2021
  • First Mortgage Loan Amount: $356,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Sep 16, 2019
  • Previous Mortgage Loan Amount: $260,000
  • Previous Mortgage Term: 240
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2039

About Midtown



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Frequently Asked Questions

What neighborhood is 374 North McNeil Street located in?
The 374 North McNeil Street is a house located in the neighborhood of Evergreen Historic District in Midtown, Memphis.
What is the average sales price for listings in 374 North McNeil Street?
The average sales price for units in 374 North McNeil Street is $375,000 currently.

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