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714 North Idlewild Street

714 North Idlewild Street, Memphis, TN 38107
House in Midtown
Sold May 06, 2019
$250,000
$246,200 by First Community Mortgage Inc
Mortgage Due Aug 01, 2051
Sold Jul 06, 2018
$258,000
$245,471 by Franklin Synergy Bank
Mortgage Due Jul 01, 2048
714 North Idlewild Street 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 1921 and is 103 years old. However, we must point out that the home was most recently renovated and altered in 1999. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. 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, 714 North Idlewild Street has 1,598 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 1,140 ft and across the front of the lot is 390 ft. The area measurement of the land has been determined as 7,848 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. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 247 sqft. 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. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of brick veneer. 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. There is a single fireplace in the home. Perfect for those wintery nights. 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, 714 North Idlewild Street sold most recently in Apr 30, 2019 for a total of $250,000. If you work out the math, that's approximately a cost of $156.45 per sqft. Before that, the property was also sold for $258,000 in Jun 29, 2018. 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 $3,672 in taxes each year. The initial year of tax delinquency occurred in 2021. 714 North Idlewild Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $60,275. If we break it down further, the land itself was valued at $7,850. Improvements to the property, however, were assessed at a total of $52,425. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1921
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • 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 Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 247
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,848
  • Lot Size Depth Feet: 1,140
  • Lot Size Frontage Feet: 390
  • Total Building Area: 1,598
  • Gross Building Area: 1,598
  • Building Area: 1,598
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,598
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: UNIVERSITY PARK
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ES IDLEWILD

Ownership

  • Current Owner : MCALISTER AMBER L
  • Current Owner 2: MCALISTER DAVID G
  • Previous Owner : APARICIO LJUBO DAVID
  • Owner Before Previous Owner: INVESTOER NATION RESIDENTIAL CAPITAL LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 001700

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 03-6062-0-0031
  • Block: 3
  • Lot: 30
  • Municipality: MEMPHIS
  • Latitude: 35.1571
  • Longitude: -89.9977

    Address

  • Full Address: 714 N Idlewild St
  • Address - House Number: 714
  • Street Direction: N
  • Address - Street Name: Idlewild
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C094
  • 4-Digit Zip Code: 4515
  • Zip Code: 38107

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,672
  • Intital Tax Deliquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2416
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 309,054
  • High Value: 383,745
  • Low Value: 234,362

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $246,200
  • First Open Lien Mortgage Lender: FIRST COMMUNITY MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Jul 26, 2021
  • First Open Lien Mortgage Loan Amount: $246,200
  • 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: Aug 01, 2051

    Market Valuation

  • Market Total Value: $241,100
  • Market Land Value: $31,400
  • Market Improvement Value: $209,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $60,275
  • Assessed Land Value: $7,850
  • Assessed Improvements Value: $52,425

    Sales

  • Current Sale Contract Date: Apr 30, 2019
  • Current Sale Recording Date: May 06, 2019
  • Current Sale Transaction ID: 11603457993
  • Current Sale Price: $250,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19043977
  • Previous Sale Recording Date: Jul 06, 2018
  • Previous Sale Contract Date: Jun 29, 2018
  • Previous Sale Amount: $258,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FRANKLIN SYNERGY BANK
  • First Mortgage Transaction Date: May 06, 2019
  • First Mortgage Loan Amount: $245,471
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: FRANKLIN SYNERGY BANK
  • Previous Mortgage Transaction Date: Jul 06, 2018
  • Previous Mortgage Loan Amount: $245,471
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jul 01, 2048

About Midtown



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Frequently Asked Questions

What neighborhood is 714 North Idlewild Street located in?
The 714 North Idlewild Street is a house located in the neighborhood of Midtown in Midtown, Memphis.
What is the average sales price for listings in 714 North Idlewild Street?
The average sales price for units in 714 North Idlewild Street is $0 currently.

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