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608 North 2nd Street

608 North 2nd Street, Memphis, TN 38107
Sold Aug 28, 2018
$104,000
$114,800 by Intercontinental Capital Group
Mortgage Due Sep 01, 2051
Sold Dec 13, 2006
$100,000
$82,671 by Countrywide Home Loans Inc
Mortgage Due Dec 01, 2036
608 North 2nd Street in Memphis, TN was first built in 2006 and is 18 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 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 608 North 2nd Street has 890 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 370 ft and the linear feet between the front and back of the lot is 1,492. In total, the area measurement of the land is 5,522 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. 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. 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. 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, 608 North 2nd Street sold most recently in Aug 1, 2018 for a total of $104,000. If you work out the math, that's approximately a cost of $116.85 per sqft. Before that, the property was also sold for $100,000 in Nov 28, 2006. 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 $1,812 in taxes each year. 608 North 2nd Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $29,750. If we break it down further, the land itself was valued at $6,350. Improvements to the property, however, were assessed at a total of $23,400. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Frame
  • Building Style: Traditional
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,522
  • Lot Size Depth Feet: 1,492
  • Lot Size Frontage Feet: 370
  • Total Building Area: 890
  • Gross Building Area: 890
  • Building Area: 890
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 890
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: UPTOWN RE DEVELOPMENT SUB 1
  • Land Acres: 0.127
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ES N SECOND ST SEE MAP GRID D7 113N

Ownership

  • Current Owner : HITT LAUREN ELIZABETH
  • Previous Owner : JACKSON ANDREA C
  • Owner Before Previous Owner: UPTOWN HOMES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 002100

Zoning

  • Zoning: HDR

Geography

  • Assessors Map Reference: MB 222-062
  • District: O
  • Parcel: 00-1059-0-0015
  • Lot: 15
  • Municipality: MEMPHIS
  • Latitude: 35.161
  • Longitude: -90.0449

    Address

  • Full Address: 608 N 2nd St
  • Address - House Number: 608
  • Street Direction: N
  • Address - Street Name: 2nd
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C092
  • 4-Digit Zip Code: 3601
  • Zip Code: 38107

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,812

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 415,246
  • High Value: 604,103
  • Low Value: 226,388

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $114,800
  • First Open Lien Mortgage Lender: INTERCONTINENTAL CAPITAL GROUP
  • First Open Lien Mortgage Recording Date: Aug 13, 2021
  • First Open Lien Mortgage Loan Amount: $114,800
  • 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: Sep 01, 2051

    Market Valuation

  • Market Total Value: $119,000
  • Market Land Value: $25,400
  • Market Improvement Value: $93,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $29,750
  • Assessed Land Value: $6,350
  • Assessed Improvements Value: $23,400

    Sales

  • Current Sale Contract Date: Aug 01, 2018
  • Current Sale Recording Date: Aug 28, 2018
  • Current Sale Transaction ID: 11501056698
  • Current Sale Price: $104,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 18087812
  • Previous Sale Recording Date: Dec 13, 2006
  • Previous Sale Contract Date: Nov 28, 2006
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: INDEPENDENT BANK
  • First Mortgage Transaction Date: Aug 28, 2018
  • First Mortgage Loan Amount: $95,238
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: COUNTRYWIDE HOME LOANS INC
  • Previous Mortgage Transaction Date: Dec 13, 2006
  • Previous Mortgage Loan Amount: $82,671
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Dec 01, 2036

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Frequently Asked Questions

What neighborhood is 608 North 2nd Street located in?
The 608 North 2nd Street is a house located in the neighborhood of North Memphis Concerned Citizens in North Memphis, Memphis.
What is the average sales price for listings in 608 North 2nd Street?
The average sales price for units in 608 North 2nd Street is $0 currently.

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