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611 Peyton Circle

611 Peyton Circle, Memphis, TN 38107
Sold Jan 02, 2019
$79,500
Buyer
Seller
$67,765 by Bancorpsouth Bank
Mortgage Due Jan 01, 2049
Sold Sep 07, 2006
$101,000
$6,403 by Memphis Housing Authority
Mortgage
611 Peyton Circle 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 2006 and is 18 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 611 Peyton Circle has 1,071 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 1,110 ft and across the front of the lot is 330 ft. The area measurement of the land has been determined as 3,691 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a traditional 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. 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 A by the local assessor. 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. 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, 611 Peyton Circle sold most recently in Dec 27, 2018 for a total of $79,500. If you work out the math, that's approximately a cost of $74.23 per sqft. Before that, the property was also sold for $101,000 in Aug 29, 2006. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $2,024 in taxes each year. 611 Peyton Circle was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $33,225. 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 $26,875. 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.

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: 3
  • 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: 3,691
  • Lot Size Depth Feet: 1,110
  • Lot Size Frontage Feet: 330
  • Total Building Area: 1,071
  • Gross Building Area: 1,071
  • Building Area: 1,071
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,071
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: UPTOWN VILLAGE SD
  • Land Acres: 0.085
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEE MAP GRID 132 D WS PEYTON CIRCLE

Ownership

  • Current Owner : CATO JERRY
  • Previous Owner : BROWN REGAN F
  • Owner Before Previous Owner: UPTOWN HOMES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 002000

Zoning

  • Zoning: HDR

Geography

  • Assessors Map Reference: MB 226-022
  • District: O
  • Parcel: 00-1096-A0-0115
  • Lot: 69A
  • Municipality: MEMPHIS
  • Latitude: 35.1582
  • Longitude: -90.0368

    Address

  • Full Address: 611 Peyton Cir
  • Address - House Number: 611
  • Address - Street Name: Peyton
  • Address - Suffix Type: Cir
  • State: TN
  • City Name: Memphis
  • Carrier Code: C003
  • 4-Digit Zip Code: 3915
  • Zip Code: 38107

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,024

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 88,576
  • High Value: 128,861
  • Low Value: 48,290

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $98,765
  • First Open Lien Mortgage Lender: BANCORPSOUTH BANK
  • First Open Lien Mortgage Recording Date: Jan 02, 2019
  • First Open Lien Mortgage Loan Amount: $67,765
  • 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: Jan 01, 2049
  • Second Open Lien Mortgage Lender: TRUIST BANK
  • Second Open Lien Mortgage Recording Date: Jan 10, 2023
  • Second Open Lien Mortgage Loan Amount: $31,000
  • Second Open Lien Mortgage Term: 299
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jan 10, 2048

    Market Valuation

  • Market Total Value: $132,900
  • Market Land Value: $25,400
  • Market Improvement Value: $107,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $33,225
  • Assessed Land Value: $6,350
  • Assessed Improvements Value: $26,875

    Sales

  • Current Sale Contract Date: Dec 27, 2018
  • Current Sale Recording Date: Jan 02, 2019
  • Current Sale Transaction ID: 11548096961
  • Current Sale Price: $79,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19000106
  • Previous Sale Recording Date: Sep 07, 2006
  • Previous Sale Contract Date: Aug 29, 2006
  • Previous Sale Amount: $101,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANCORPSOUTH BANK
  • First Mortgage Transaction Date: Jan 02, 2019
  • First Mortgage Loan Amount: $67,765
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: MEMPHIS HOUSING AUTHORITY
  • Previous Mortgage Transaction Date: Sep 07, 2006
  • Previous Mortgage Loan Amount: $6,403
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

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Frequently Asked Questions

What neighborhood is 611 Peyton Circle located in?
The 611 Peyton Circle 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 611 Peyton Circle?
The average sales price for units in 611 Peyton Circle is $0 currently.

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