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4138 University Street

4138 University Street, Memphis, TN 38127
House in Rangeline
Sold Sep 11, 2019
$45,000
$33,750 by Community Mortgage Corp
Mortgage Due Oct 01, 2049
Sold Nov 02, 2017
$26,000
4138 University Street in Memphis, TN was first built in 1970 and is 54 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. It is a single story home. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 4138 University Street has 1,078 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 740 ft and the linear feet between the front and back of the lot is 1,410. In total, the area measurement of the land is 9,587 square feet.

Learn more about the property and building on this page. There is a unknown. The home has a hip style roof made of composition shingle. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick veneer. 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. The property was last sold in Sep 9, 2019 for $45,000. That's $41.74 per sqft. Prior to that sales transaction, the property was also sold in Oct 26, 2017 for $26,000. 4138 University Street was last assessed in 2022. The total value of the property was assessed at $15,000. Specifically, the land the property is located on was valued at $2,425. While improvements on the property were assessed at a total of $12,575. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $914. 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! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. 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: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,587
  • Lot Size Depth Feet: 1,410
  • Lot Size Frontage Feet: 740
  • Total Building Area: 1,078
  • Gross Building Area: 1,078
  • Building Area: 1,078
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,078
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GEORGIAN WOODS
  • Land Acres: 0.22
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ES UNIVERSITY ST

Ownership

  • Current Owner : MARCELIN HARRY P
  • Previous Owner : PILOT REALTY INVESTMENTS LLC
  • Owner Before Previous Owner: JEFFERSON RUBY N

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 010001

Zoning

  • Zoning: R-8

Geography

  • Assessors Map Reference: MB 34-39
  • District: O
  • Parcel: 07-1048-A0-0017
  • Block: C
  • Lot: 119
  • Municipality: MEMPHIS
  • Latitude: 35.2387
  • Longitude: -89.9886

    Address

  • Full Address: 4138 University St
  • Address - House Number: 4138
  • Address - Street Name: University
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C096
  • 4-Digit Zip Code: 3571
  • Zip Code: 38127

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $914

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 54,187
  • High Value: 78,831
  • Low Value: 29,542

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $33,750
  • First Open Lien Mortgage Lender: COMMUNITY MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Sep 11, 2019
  • First Open Lien Mortgage Loan Amount: $33,750
  • 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: $60,000
  • Market Land Value: $9,700
  • Market Improvement Value: $50,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $15,000
  • Assessed Land Value: $2,425
  • Assessed Improvements Value: $12,575

    Sales

  • Current Sale Contract Date: Sep 09, 2019
  • Current Sale Recording Date: Sep 11, 2019
  • Current Sale Transaction ID: 11644009071
  • Current Sale Price: $45,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19093751
  • Previous Sale Recording Date: Nov 02, 2017
  • Previous Sale Contract Date: Oct 26, 2017
  • Previous Sale Amount: $26,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COMMUNITY MORTGAGE CORP
  • First Mortgage Transaction Date: Sep 11, 2019
  • First Mortgage Loan Amount: $33,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2049

About Frayser - Raleigh PD



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Frequently Asked Questions

What neighborhood is 4138 University Street located in?
The 4138 University Street is a house located in the neighborhood of Rangeline in Frayser - Raleigh PD, Memphis.
What is the average sales price for listings in 4138 University Street?
The average sales price for units in 4138 University Street is $0 currently.

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