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5293 Bannock Street

5293 Bannock Street, Memphis, TN 38116
Sold Apr 22, 2019
$145,000
$138,990 by Envoy Mortgage Ltd
Mortgage Due May 01, 2049
Sold Apr 25, 2018
$91,250
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5293 Bannock Street in Memphis, TN was first built in 1965 and is 59 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. There are a total of 1 floors. There are a total of 7 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. 5293 Bannock Street has 3,758 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 800 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 10,000 square feet.

Learn more about the property and building on this page. There is a unknown. The home has a gable style roof made of composition shingle. For those who need parking, there is a carport. The garage is 400 sqft. There are a total of 2 available parking spaces. 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. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Apr 12, 2019 for $145,000. That's $38.58 per sqft. Prior to that sales transaction, the property was also sold in Apr 24, 2018 for $91,250. 5293 Bannock Street was last assessed in 2022. The total value of the property was assessed at $37,800. Specifically, the land the property is located on was valued at $5,025. While improvements on the property were assessed at a total of $32,775. 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 $2,303. 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. 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: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • 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: Carport
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,000
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 800
  • Total Building Area: 3,758
  • Gross Building Area: 3,758
  • Building Area: 3,758
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,758
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RICHMOND COLONY
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WS BANNOCK ST 94.59 FT S OF HICKORY RIDGE DR

Ownership

  • Current Owner : WINDLESS CORTEZ D
  • Current Owner 2: WINDLESS TOMIKA
  • Previous Owner : SV REALTY ALLIANCE LLC
  • Owner Before Previous Owner: FRANCIS KAREN E

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 022130

Zoning

  • Zoning: R-8

Geography

  • Assessors Map Reference: MB 29-7
  • District: O
  • Parcel: 07-9121-0-0018
  • Lot: 61
  • Municipality: MEMPHIS
  • Latitude: 35.004
  • Longitude: -90.0183

    Address

  • Full Address: 5293 Bannock St
  • Address - House Number: 5293
  • Address - Street Name: Bannock
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C019
  • 4-Digit Zip Code: 8920
  • Zip Code: 38116

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,303

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 154,227
  • High Value: 224,370
  • Low Value: 84,083

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $153,990
  • First Open Lien Mortgage Lender: ENVOY MORTGAGE LTD
  • First Open Lien Mortgage Recording Date: Apr 22, 2019
  • First Open Lien Mortgage Loan Amount: $138,990
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2049
  • Second Open Lien Mortgage Lender: TENNESSEE HOUSING DEVELOPMENT
  • Second Open Lien Mortgage Recording Date: Jun 20, 2019
  • Second Open Lien Mortgage Loan Amount: $15,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second

    Market Valuation

  • Market Total Value: $151,200
  • Market Land Value: $20,100
  • Market Improvement Value: $131,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $37,800
  • Assessed Land Value: $5,025
  • Assessed Improvements Value: $32,775

    Sales

  • Current Sale Contract Date: Apr 12, 2019
  • Current Sale Recording Date: Apr 22, 2019
  • Current Sale Transaction ID: 11599220565
  • Current Sale Price: $145,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19038319
  • Previous Sale Recording Date: Apr 25, 2018
  • Previous Sale Contract Date: Apr 24, 2018
  • Previous Sale Amount: $91,250
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ENVOY MORTGAGE LTD
  • First Mortgage Transaction Date: Apr 22, 2019
  • First Mortgage Loan Amount: $138,990
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2049

About Mc Kellar - Whitehaven-Levi PD



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Frequently Asked Questions

What neighborhood is 5293 Bannock Street located in?
The 5293 Bannock Street is a house located in the neighborhood of Richmond Colony in Mc Kellar - Whitehaven-Levi PD, Memphis.
What is the average sales price for listings in 5293 Bannock Street?
The average sales price for units in 5293 Bannock Street is $0 currently.

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