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72 Clark Place

72 Clark Place, Memphis, TN 38104
Sold Dec 03, 2020
$285,000
$165,000 by Mutual Of Omaha Mortgage Inc
Mortgage Due Jan 01, 2051
Sold Feb 03, 2016
$202,900
$152,175 by Security National Mortgage Co
Mortgage Due Feb 01, 2046
72 Clark Place in Memphis, TN was first built in 1912 and is 112 years old. Although, the building on the property was most recently renovated and altered in 2002. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 72 Clark Place has 3,358 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 2,270 ft and the linear feet between the front and back of the lot is 1,670. In total, the area measurement of the land is 10,020 square feet.

Learn more about the property and building on this page. There is 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 wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as good. The exterior walls of the home are made of brick veneer. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. As for heating, the home is utilizing a hot water heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 72 Clark Place was last sold in Dec 2, 2020 for $285,000. According to our calculations, that's $84.87 per sqft. Prior to that sales transaction, the property was sold for $202,900 in Jan 28, 2016. Current property owners are expected to pay $6,645 in taxes per year. The property on 72 Clark Place was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $109,080. To break that down further, the land itself was valued at $15,360. While improvements to the property were assessed at a total of $93,720. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1912
  • Effective Year Built: 2002
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Brick veneer
  • Floor Count: 1
  • Living Units: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,020
  • Lot Size Depth Feet: 1,670
  • Lot Size Frontage Feet: 2,270
  • Total Building Area: 3,358
  • Gross Building Area: 3,574
  • Building Area: 3,358
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Hot water
  • Heated Square Feet: 3,358
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CLARK
  • Land Acres: 0.23
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: ES CLARK COR ALLEY

Ownership

  • Current Owner : YADON STEPHANIE
  • Previous Owner : KEH DAVID
  • Previous Owner 2: LI PENG
  • Owner Before Previous Owner: ESS INVESTMENTS LLC

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 003400

Zoning

  • Zoning: RU-3

Geography

  • Assessors Map Reference: MB 6-68
  • District: O
  • Parcel: 01-7034-0-0026
  • Lot: 16&15
  • Municipality: MEMPHIS
  • Latitude: 35.1402
  • Longitude: -90.0093

    Address

  • Full Address: 72 Clark Pl
  • Address - House Number: 72
  • Address - Street Name: Clark
  • Address - Suffix Type: Pl
  • State: TN
  • City Name: Memphis
  • Carrier Code: C073
  • 4-Digit Zip Code: 8416
  • Zip Code: 38104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,645

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 468,629
  • High Value: 681,765
  • Low Value: 255,492

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $165,000
  • First Open Lien Mortgage Lender: MUTUAL OF OMAHA MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Dec 03, 2020
  • First Open Lien Mortgage Loan Amount: $165,000
  • 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: Jan 01, 2051

    Market Valuation

  • Market Total Value: $272,700
  • Market Land Value: $38,400
  • Market Improvement Value: $234,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $109,080
  • Assessed Land Value: $15,360
  • Assessed Improvements Value: $93,720

    Sales

  • Current Sale Contract Date: Dec 02, 2020
  • Current Sale Recording Date: Dec 03, 2020
  • Current Sale Transaction ID: 11803561360
  • Current Sale Price: $285,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20134702
  • Previous Sale Recording Date: Feb 03, 2016
  • Previous Sale Contract Date: Jan 28, 2016
  • Previous Sale Amount: $202,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MUTUAL OF OMAHA MORTGAGE INC
  • First Mortgage Transaction Date: Dec 03, 2020
  • First Mortgage Loan Amount: $165,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: SECURITY NATIONAL MORTGAGE CO
  • Previous Mortgage Transaction Date: Feb 03, 2016
  • Previous Mortgage Loan Amount: $152,175
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Feb 01, 2046

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Frequently Asked Questions

What neighborhood is 72 Clark Place located in?
The 72 Clark Place is a multifamily located in the neighborhood of Evergreen Historic District in Midtown, Memphis.
What is the average sales price for listings in 72 Clark Place?
The average sales price for units in 72 Clark Place is $0 currently.

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