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412 Josephine Street

412 Josephine Street, Memphis, TN 38111
House in Lundee
Sold Jul 29, 2020
$71,500
Sold Feb 25, 2019
$41,500
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The property has no active listings. Please see other similar options below.
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Unit for sale at 553 JOSEPHINE, Memphis, TN 38111

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Local assessors in Memphis, TN have categorized 412 Josephine Street as a residential type of property. The home was built in 1938 and is 86 years old. It was most recently renovated and altered in 1979. The property's lot size has been calculated to be 6,421 square feet. The linear feet between the front and back of the lot was measured at 1,340 ft and the front of the lot was measured at 480 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 412 Josephine Street has a total of 842 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 180 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. 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, 412 Josephine Street sold most recently in Jul 15, 2020 for a total of $71,500. If you work out the math, that's approximately a cost of $84.92 per sqft. Before that, the property was also sold for $41,500 in Feb 22, 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 $1,069 in taxes each year. The initial year of tax delinquency occurred in 2022. 412 Josephine Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $17,550. If we break it down further, the land itself was valued at $1,075. Improvements to the property, however, were assessed at a total of $16,475. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1979
  • 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: 180
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,421
  • Lot Size Depth Feet: 1,340
  • Lot Size Frontage Feet: 480
  • Total Building Area: 842
  • Gross Building Area: 842
  • Building Area: 842
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 842
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BURMEISTER HEIGHTS
  • Land Acres: 0.147
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ES JOSEPHINE

Ownership

  • Current Owner : MC ESTATE GROUP LLC
  • Previous Owner : ROMAN JOSHUA
  • Owner Before Previous Owner: ROSE DAVID
  • Owner Before Previous Owner 2: ROSE SUZANNE
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 007100

Zoning

  • Zoning: RU-1

Geography

  • Assessors Map Reference: MB 21-43
  • District: O
  • Parcel: 04-5040-0-0056
  • Lot: 3
  • Municipality: MEMPHIS
  • Latitude: 35.1209
  • Longitude: -89.9692

    Address

  • Full Address: 412 Josephine St
  • Address - House Number: 412
  • Address - Street Name: Josephine
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C057
  • 4-Digit Zip Code: 1807
  • Zip Code: 38111

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,069
  • Intital Tax Deliquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 398,296
  • High Value: 579,444
  • Low Value: 217,147

    Market Valuation

  • Market Total Value: $70,200
  • Market Land Value: $4,300
  • Market Improvement Value: $65,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $17,550
  • Assessed Land Value: $1,075
  • Assessed Improvements Value: $16,475

    Sales

  • Current Sale Contract Date: Jul 15, 2020
  • Current Sale Recording Date: Jul 29, 2020
  • Current Sale Transaction ID: 11775303280
  • Current Sale Price: $71,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20078475
  • Previous Sale Recording Date: Feb 25, 2019
  • Previous Sale Contract Date: Feb 22, 2019
  • Previous Sale Amount: $41,500
  • Previous Sale Document Type: Special Warranty Deed

About Depot Planning District



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Frequently Asked Questions

What neighborhood is 412 Josephine Street located in?
The 412 Josephine Street is a house located in the neighborhood of Lundee in Depot Planning District, Memphis.
What is the average sales price for listings in 412 Josephine Street?
The average sales price for units in 412 Josephine Street is $0 currently.

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