Check Availability

554 South Cox Street

554 South Cox Street, Memphis, TN 38104
Multifamily in East Midtown
Sold May 09, 2019
$186,500
$161,250 by Sprout Mortgage Llc
Mortgage Due Dec 01, 2061
Sold Nov 10, 2016
$146,775
Local assessors in Memphis, TN have categorized 554 South Cox Street as a residential type of property. The home was built in 1940 and is 84 years old. The property's lot size has been calculated to be 10,138 square feet. The linear feet between the front and back of the lot was measured at 1,370 ft and the front of the lot was measured at 740 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 6 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 are 2 full bathrooms. There are also 2 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 554 South Cox Street has a total of 1,300 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. 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 roof that is made of composition shingle. Lots of brick veneer were used in the construction of the exterior walls of the home. Residents rely on a window/unit air conditioning for their cooling system. The home's a heating system is the primary heating source and it is being fueled with gas. 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, 554 South Cox Street was last sold in May 4, 2019 for $186,500. According to our calculations, that's $143.46 per sqft. Prior to that sales transaction, the property was sold for $146,775 in Oct 31, 2016. Current property owners are expected to pay $2,714 in taxes per year. The property on 554 South Cox Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $44,550. To break that down further, the land itself was valued at $9,950. While improvements to the property were assessed at a total of $34,600. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • 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: 10,138
  • Lot Size Depth Feet: 1,370
  • Lot Size Frontage Feet: 740
  • Total Building Area: 1,300
  • Gross Building Area: 1,396
  • Building Area: 1,300
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Window/unit air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,300
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: B F LOWRY
  • Land Acres: 0.233
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: ES SOUTH COX 60 FT N OF VINTON

Ownership

  • Current Owner : MEYN IAN
  • Current Owner 2: MEYN SABRINA
  • Previous Owner : BENITONE CARRIE EVANS
  • Owner Before Previous Owner: SUPERRIOR PROPERTY AND MANAGEMENT LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 003100

Zoning

  • Zoning: RU-1

Geography

  • District: O
  • Parcel: 02-8020-0-0017
  • Lot: PT4
  • Municipality: MEMPHIS
  • Latitude: 35.1303
  • Longitude: -89.9878

    Address

  • Full Address: 554 S Cox St
  • Address - House Number: 554
  • Street Direction: S
  • Address - Street Name: Cox
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C028
  • 4-Digit Zip Code: 4305
  • Zip Code: 38104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,714

    Appraisal Valuation

  • Standard Deviation: 0.2597
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 63
  • Final Value: 268,348
  • High Value: 338,049
  • Low Value: 198,648

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $161,250
  • First Open Lien Mortgage Lender: SPROUT MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jan 14, 2022
  • First Open Lien Mortgage Loan Amount: $161,250
  • First Open Lien Mortgage Term: 478
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2061

    Market Valuation

  • Market Total Value: $178,200
  • Market Land Value: $39,800
  • Market Improvement Value: $138,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $44,550
  • Assessed Land Value: $9,950
  • Assessed Improvements Value: $34,600

    Sales

  • Current Sale Contract Date: May 04, 2019
  • Current Sale Recording Date: May 09, 2019
  • Current Sale Transaction ID: 11607469653
  • Current Sale Price: $186,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19045352
  • Previous Sale Recording Date: Nov 10, 2016
  • Previous Sale Contract Date: Oct 31, 2016
  • Previous Sale Amount: $146,775
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Mortgage Transaction Date: May 09, 2019
  • First Mortgage Loan Amount: $141,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2049

About Midtown



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 2248 Young Ave, Memphis, TN, 38104

$4,195 /mo

  • 4 Beds
  • 3.5 Baths
2248 Young Ave, Memphis, TN, 38104 Listing by Janie Courser
Unit for rent at 404 Williford Pl, Memphis, TN, 38112

$2,350 /mo

  • 3 Beds
  • 2 Baths
404 Williford Pl, Memphis, TN, 38112 Listing by Janie Courser
Unit for rent at 2229 Jefferson, Memphis, TN, 38104

$2,735 /mo

  • 3 Beds
  • 2 Baths
2229 Jefferson, Memphis, TN, 38104 Listing by Kendall Haney
Unit for rent at 78 N Rembert St #101, Memphis, TN, 38104

$1,795 /mo

  • 2 Beds
  • 2 Baths
78 N Rembert St #101, Memphis, TN, 38104 Listing by Janie Courser
Unit for rent at 1041 Philadelphia, Memphis, TN, 38104

$2,250 /mo

  • 6 Beds
  • 3 Baths
1041 Philadelphia, Memphis, TN, 38104 Listing by Lloyd Patterson
Unit for rent at 775 Melrose, Memphis, TN, 38104

$1,699 /mo

  • 2 Beds
  • 2 Baths
775 Melrose, Memphis, TN, 38104 Listing by Janice Garrett
Unit for rent at 255 Hawthorne, Memphis, TN, 38112

$2,390 /mo

  • 3 Beds
  • 2.5 Baths
255 Hawthorne, Memphis, TN, 38112 Listing by Kendall Haney

Frequently Asked Questions

What neighborhood is 554 South Cox Street located in?
The 554 South Cox Street is a multifamily located in the neighborhood of East Midtown in Midtown, Memphis.
What is the average sales price for listings in 554 South Cox Street?
The average sales price for units in 554 South Cox Street is $0 currently.

Quantcast