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781 Kippley Street

781 Kippley Street, Memphis, TN 38112
Sold Oct 24, 2019
$70,000
$63,822 by Simmons Bank
Mortgage Due Nov 01, 2049
Sold Nov 02, 2018
$16,000
Local assessors in Memphis, TN have categorized 781 Kippley Street as a residential type of property. The home was built in 1938 and is 86 years old. It was most recently renovated and altered in 1979. The property's lot size has been calculated to be 5,750 square feet. The linear feet between the front and back of the lot was measured at 1,150 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 781 Kippley Street has a total of 1,728 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is fair. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a gable style roof that was made of composition shingle. Lots of rock and stone were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 781 Kippley Street was last sold in Oct 8, 2019 for $70,000. According to our calculations, that's $40.51 per sqft. Prior to that sales transaction, the property was sold for $16,000 in Oct 30, 2018. Current property owners are expected to pay $867 in taxes per year. The property on 781 Kippley Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $14,225. To break that down further, the land itself was valued at $1,125. While improvements to the property were assessed at a total of $13,100. 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. 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!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: 1938
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Fair
  • Building Quality: D
  • Building Style: Traditional
  • Exterior Walls Type: Rock and stone
  • 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: 5,750
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,728
  • Gross Building Area: 1,728
  • Building Area: 1,728
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,728
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUNNYSIDE
  • Land Acres: 0.132
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MATTHEWS RA TERRIKA
  • Previous Owner : RESTREPO JOHN
  • Owner Before Previous Owner: BROWN DANIELLE CHRISTINE
  • Owner Before Previous Owner 2: BROWN GERALD ANDRE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 001400

Zoning

  • Zoning: RU-1

Geography

  • District: O
  • Parcel: 05-2089-0-0003
  • Lot: 141
  • Municipality: MEMPHIS
  • Latitude: 35.1536
  • Longitude: -89.9571

    Address

  • Full Address: 781 Kippley St
  • Address - House Number: 781
  • Address - Street Name: Kippley
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C071
  • 4-Digit Zip Code: 5505
  • Zip Code: 38112

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $867

    Appraisal Valuation

  • Standard Deviation: 0.2645
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 62
  • Final Value: 121,672
  • High Value: 153,857
  • Low Value: 89,488

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $63,822
  • First Open Lien Mortgage Lender: SIMMONS BANK
  • First Open Lien Mortgage Recording Date: Nov 04, 2019
  • First Open Lien Mortgage Loan Amount: $63,822
  • 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: Nov 01, 2049

    Market Valuation

  • Market Total Value: $56,900
  • Market Land Value: $4,500
  • Market Improvement Value: $52,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $14,225
  • Assessed Land Value: $1,125
  • Assessed Improvements Value: $13,100

    Sales

  • Current Sale Contract Date: Oct 08, 2019
  • Current Sale Recording Date: Oct 24, 2019
  • Current Sale Transaction ID: 11664474605
  • Current Sale Price: $70,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19111284
  • Previous Sale Recording Date: Nov 02, 2018
  • Previous Sale Contract Date: Oct 30, 2018
  • Previous Sale Amount: $16,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SIMMONS BANK
  • First Mortgage Transaction Date: Oct 24, 2019
  • First Mortgage Loan Amount: $63,822
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2049

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Frequently Asked Questions

What neighborhood is 781 Kippley Street located in?
The 781 Kippley 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 781 Kippley Street?
The average sales price for units in 781 Kippley Street is $0 currently.

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