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770 Los Angeles Street

770 Los Angeles Street, Memphis, TN 38112
Sold Dec 10, 2019
$12,000
770 Los Angeles Street in Memphis, TN was first built in 1950 and is 74 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 cottage style. It is a single story home. There are a total of 4 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 770 Los Angeles Street has 768 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 500 ft and the linear feet between the front and back of the lot is 1,260. In total, the area measurement of the land is 6,648 square feet.

Learn more about the property and building on this page. There is a unknown. The home has a gable style roof made of composition shingle. 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 fair. The exterior walls of the home are made of asbestos shingle. Walk into the home itself and you'll find that it is currently being cooled with an air conditioning type we are unsure of. As for heating, the home is utilizing a 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, 770 Los Angeles Street sold most recently in Dec 9, 2019 for a total of $12,000. If you work out the math, that's approximately a cost of $15.63 per sqft. 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 $250 in taxes each year. 770 Los Angeles Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $4,100. If we break it down further, the land itself was valued at $1,000. Improvements to the property, however, were assessed at a total of $3,100. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

Building Features

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Fair
  • Building Quality: C
  • Building Style: Cottage
  • Exterior Walls Type: Asbestos shingle
  • 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: 6,648
  • Lot Size Depth Feet: 1,260
  • Lot Size Frontage Feet: 500
  • Total Building Area: 768
  • Gross Building Area: 768
  • Building Area: 768
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Unsure
  • Heating: Yes
  • Heated Square Feet: 768
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: UNIVERSITY HEIGHTS
  • Land Acres: 0.153
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : CUMMINS INC
  • Previous Owner : GIBSON ARELETTIA
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jun 22, 2023

Neighborhood

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

Zoning

  • Zoning: RU-1

Geography

  • District: O
  • Parcel: 05-2051-0-0020
  • Lot: 34
  • Municipality: MEMPHIS
  • Latitude: 35.1559
  • Longitude: -89.97

    Address

  • Full Address: 770 Los Angeles St
  • Address - House Number: 770
  • Address - Street Name: Los Angeles
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C076
  • 4-Digit Zip Code: 1945
  • Zip Code: 38112

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $250

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 45,123
  • High Value: 65,645
  • Low Value: 24,600

    Market Valuation

  • Market Total Value: $16,400
  • Market Land Value: $4,000
  • Market Improvement Value: $12,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $4,100
  • Assessed Land Value: $1,000
  • Assessed Improvements Value: $3,100

    Sales

  • Current Sale Contract Date: Dec 09, 2019
  • Current Sale Recording Date: Dec 10, 2019
  • Current Sale Transaction ID: 11707529925
  • Current Sale Price: $12,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19128296

About Jackson - University Area



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Nearby Rentals

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$850 /mo

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$915 /mo

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$995 /mo

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$1,000 /mo

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Frequently Asked Questions

What neighborhood is 770 Los Angeles Street located in?
The 770 Los Angeles Street is a house located in the neighborhood of Binghampton-Lester in Jackson - University Area, Memphis.
What is the average sales price for listings in 770 Los Angeles Street?
The average sales price for units in 770 Los Angeles Street is $0 currently.

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