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42 South Goodlett Street

42 South Goodlett Street, Memphis, TN 38117
House in Belle Meade
Sold Jun 24, 2022
$1,250,000
Sold Jul 19, 2021
$200,000
42 South Goodlett 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 1994 and is 30 years old. The home has a total of 11 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 42 South Goodlett Street has 4,671 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 1,940 ft and across the front of the lot is 850 ft. The area measurement of the land has been determined as 16,490 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial 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 attached garage for those who require parking. The garage measured 440 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and 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 B by the local assessor. The building has a gable style roof made of composition shingle. 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, 42 South Goodlett Street sold most recently in Jun 14, 2022 for a total of $1,250,000. If you work out the math, that's approximately a cost of $244.57 per sqft. Before that, the property was also sold for $200,000 in Jul 16, 2021. 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 $12,055 in taxes each year. 42 South Goodlett Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $197,900. If we break it down further, the land itself was valued at $64,550. Improvements to the property, however, were assessed at a total of $133,350. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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

Parking

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

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 16
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Colonial
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 16,490
  • Lot Size Depth Feet: 1,940
  • Lot Size Frontage Feet: 850
  • Total Building Area: 5,111
  • Gross Building Area: 5,111
  • Building Area: 4,671
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,671
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CLARENCE CLIFTONS RESUB
  • Land Acres: 0.379
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ES GOODLETT ST

Ownership

  • Current Owner : WRIGHT JESSE
  • Current Owner 2: WRIGHT MEERA R
  • Previous Owner : DOCKERY
  • Previous Owner 2: MICHAELA
  • Owner Before Previous Owner: BAGGETT BENJAMIN RYAN
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 008500

Zoning

  • Zoning: R-10

Geography

  • Assessors Map Reference: MB 17-71
  • District: O
  • Parcel: 05-7001-0-0068
  • Lot: 2
  • Municipality: MEMPHIS
  • Latitude: 35.1304
  • Longitude: -89.9252

    Address

  • Full Address: 42 S Goodlett St
  • Address - House Number: 42
  • Street Direction: S
  • Address - Street Name: Goodlett
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C001
  • 4-Digit Zip Code: 2912
  • Zip Code: 38117

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,055

    Appraisal Valuation

  • Standard Deviation: 0.2537
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 994,828
  • High Value: 1,247,296
  • Low Value: 742,360

    Market Valuation

  • Market Total Value: $791,600
  • Market Land Value: $258,200
  • Market Improvement Value: $533,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $197,900
  • Assessed Land Value: $64,550
  • Assessed Improvements Value: $133,350

    Sales

  • Current Sale Contract Date: Jun 14, 2022
  • Current Sale Recording Date: Jun 24, 2022
  • Current Sale Transaction ID: 11890898318
  • Current Sale Price: $1,250,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 70142
  • Previous Sale Recording Date: Jul 19, 2021
  • Previous Sale Contract Date: Jul 16, 2021
  • Previous Sale Amount: $200,000
  • Previous Sale Document Type: Warranty Deed

About Jackson - University Area



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Nearby Rentals

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$1,950 /mo

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$1,695 /mo

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Unit for rent at

$1,750 /mo

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$1,750 /mo

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  • 1,517 ft²
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Frequently Asked Questions

What neighborhood is 42 South Goodlett Street located in?
The 42 South Goodlett Street is a house located in the neighborhood of Belle Meade in Jackson - University Area, Memphis.
What is the average sales price for listings in 42 South Goodlett Street?
The average sales price for units in 42 South Goodlett Street is $0 currently.

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