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51 North Highland Street

51 North Highland Street, Memphis, TN 38111
Multifamily in Plaza Scenic Gardens
Sold Nov 18, 2022
$439,500
$439,500 by Homebridge Financial Services
Mortgage Due Dec 01, 2052
Sold Mar 31, 2022
$330,000
$284,000 by Planters Bank & Trust Company
Mortgage Due Apr 10, 2027
Local assessors in Memphis, TN have categorized 51 North Highland Street as a residential type of property. The home was built in 1950 and is 74 years old. The property's lot size has been calculated to be 21,463 square feet. The linear feet between the front and back of the lot was measured at 1,850 ft and the front of the lot was measured at 1,240 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 11 rooms in the home. Of these, 4 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 are 3 full bathrooms. There are also 3 partial bathrooms. 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 51 North Highland Street has a total of 2,595 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 360 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 - A. The building has a gable style roof that was made of composition shingle. Lots of brick veneer 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 51 North Highland Street was last sold in Nov 14, 2022 for $439,500. According to our calculations, that's $94.46 per sqft. Prior to that sales transaction, the property was sold for $330,000 in Mar 25, 2022. Current property owners are expected to pay $4,645 in taxes per year. The property on 51 North Highland Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $122,000. To break that down further, the land itself was valued at $28,520. While improvements to the property were assessed at a total of $93,480. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: A
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • 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: 360
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 21,463
  • Lot Size Depth Feet: 1,850
  • Lot Size Frontage Feet: 1,240
  • Total Building Area: 4,653
  • Gross Building Area: 4,653
  • Building Area: 2,595
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,595
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PLAZA GARDENS
  • Land Acres: 0.493
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: WSN HIGHLAND

Ownership

  • Current Owner : FUTCH ANTONIO
  • Previous Owner : BLUE SKYE HOLDINGS LLC
  • Owner Before Previous Owner: GOODWIN FAMILY TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 003000

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 13-29
  • District: O
  • Parcel: 04-4045-0-0035
  • Lot: 11
  • Municipality: MEMPHIS
  • Latitude: 35.1333
  • Longitude: -89.9454

    Address

  • Full Address: 51 N Highland St
  • Address - House Number: 51
  • Street Direction: N
  • Address - Street Name: Highland
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C074
  • 4-Digit Zip Code: 4719
  • Zip Code: 38111

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,645

    Appraisal Valuation

  • Standard Deviation: 0.2218
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 469,610
  • High Value: 573,785
  • Low Value: 365,435

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $439,500
  • First Open Lien Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: Nov 18, 2022
  • First Open Lien Mortgage Loan Amount: $439,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2052

    Market Valuation

  • Market Total Value: $305,000
  • Market Land Value: $71,300
  • Market Improvement Value: $233,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $122,000
  • Assessed Land Value: $28,520
  • Assessed Improvements Value: $93,480

    Sales

  • Current Sale Contract Date: Nov 14, 2022
  • Current Sale Recording Date: Nov 18, 2022
  • Current Sale Transaction ID: 11898902939
  • Current Sale Price: $439,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 126260
  • Previous Sale Recording Date: Mar 31, 2022
  • Previous Sale Contract Date: Mar 25, 2022
  • Previous Sale Amount: $330,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Mortgage Transaction Date: Nov 18, 2022
  • First Mortgage Loan Amount: $439,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Dec 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: PLANTERS BANK & TRUST COMPANY
  • Previous Mortgage Transaction Date: Mar 31, 2022
  • Previous Mortgage Loan Amount: $284,000
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 10, 2027

About Jackson - University Area



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Frequently Asked Questions

What neighborhood is 51 North Highland Street located in?
The 51 North Highland Street is a multifamily located in the neighborhood of Plaza Scenic Gardens in Jackson - University Area, Memphis.
What is the average sales price for listings in 51 North Highland Street?
The average sales price for units in 51 North Highland Street is $0 currently.

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