See Home Value
$41,525*
House - Off Market

615 SPRING ST

Memphis, TN 38112
bedrooms
3 Beds
bathrooms
1 Bath
$20,000 - $30,000
Reference Base Price*
51.27%
Since Sep 1, 2018
National-US
Primary Model
Sold Sep 05, 2018
$27,500
$75,000 by Velocity Commercial Cap, Llc
Mortgage Due Feb 08, 2054
Sold Feb 21, 2003
$43,400
$39,050 by Trustmark National Bank
Mortgage Due Feb 01, 2033

About This Property

For more information, contact Jeff Burress, Vice-President at . Visit http://www.crye-leike.com/memphis/10025743 to view more pictures of this property. Don't overlook this opportunity! So much is going on in & around the neighborhood...Broad Ave Arts District ~ Overton Park ~ Zoo ~ Greenline ~ Rhodes College.  Low maintenance vinyl exterior ~ 3 bedrooms ~ 1 bath ~ HVAC ~ Updated Elec panel.  Be quick!
Unit Size
-
Days on Market
-
Land Size
0.14 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1939

Price History

Date / Event Date Event Price
Aug 23, 2018 No longer available -
No longer available
Aug 14, 2018 Price Decreased $27,450
↓ $12K (31.2%)
Price Decreased
Jun 19, 2018 Price Increased $39,900
↑ $12K (45.4%)
Price Increased
May 30, 2018 Listed $27,450
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 1939
  • Effective Year Built: 1939
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Cottage
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • 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: 6,250
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,115
  • Gross Building Area: 1,115
  • Building Area: 1,115
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Window/unit air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,115
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SOUTHWESTERN UNIVERSITY PLACE
  • Land Acres: 0.144
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WS SPRING

Ownership

  • Current Owner : HAWKINS MORMAN JAWANNA
  • Previous Owner : MOSLEY PHILLIP C
  • Owner Before Previous Owner: UNION PLANTERS BANK NA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 001500

Zoning

  • Zoning: RU-1

Geography

  • District: O
  • Parcel: 05-2019-0-0017
  • Lot: 23
  • Municipality: MEMPHIS
  • Latitude: 35.1524
  • Longitude: -89.9781

    Address

  • Full Address: 615 Spring St
  • Address - House Number: 615
  • Address - Street Name: Spring
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C072
  • 4-Digit Zip Code: 1828
  • Zip Code: 38112

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $774
  • Intital Tax Deliquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.4572
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 8
  • Final Value: 57,887
  • High Value: 84,353
  • Low Value: 31,420

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $75,000
  • First Open Lien Mortgage Lender: VELOCITY COMMERCIAL CAP, LLC
  • First Open Lien Mortgage Recording Date: Feb 08, 2024
  • First Open Lien Mortgage Loan Amount: $75,000
  • 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: Feb 08, 2054

    Market Valuation

  • Market Total Value: $50,800
  • Market Land Value: $8,000
  • Market Improvement Value: $42,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $12,700
  • Assessed Land Value: $2,000
  • Assessed Improvements Value: $10,700

    Sales

  • Current Sale Contract Date: Aug 01, 2018
  • Current Sale Recording Date: Sep 05, 2018
  • Current Sale Transaction ID: 11504048536
  • Current Sale Price: $27,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 18090389
  • Previous Sale Recording Date: Feb 21, 2003
  • Previous Sale Contract Date: Jan 30, 2003
  • Previous Sale Amount: $43,400
  • Previous Sale Document Type: Special Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: TRUSTMARK NATIONAL BANK
  • Previous Mortgage Transaction Date: Feb 21, 2003
  • Previous Mortgage Loan Amount: $39,050
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Feb 01, 2033



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Jackson - University Area


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Currently no similar homes around

Nearby Rentals



Frequently Asked Questions

When was property at 615 Spring Street built and last sold?
The property at 615 Spring Street was built in 1939 and last sold on Aug 1, 2018 for $27,500.
How much is this home worth?
The estimated value of the home located at 615 Spring Street is $27,725.
What are some comparable homes to 615 Spring Street?
There are currently no comparable homes to 615 Spring Street.

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