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802 Baltic Street

802 Baltic Street, Memphis, TN 38112
Sold Oct 05, 2020
$12,000
$1,100,000 by Bank Of Bartlett
Mortgage Due Oct 13, 2042
Sold Aug 11, 2020
$30,000
Local assessors in Memphis, TN have categorized 802 Baltic Street as a residential type of property. The home was built in 1946 and is 78 years old. 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 cottage 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 802 Baltic Street has a total of 812 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 average. 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 asbestos shingle were used in the construction of the exterior walls of the home. Residents rely on an air conditioning type we are unsure of for their cooling system. The home's a heating system is the primary heating source and it is 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, 802 Baltic Street sold most recently in Sep 29, 2020 for a total of $12,000. If you work out the math, that's approximately a cost of $14.78 per sqft. Before that, the property was also sold for $30,000 in Jun 29, 2020. 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 $359 in taxes each year. The initial year of tax delinquency occurred in 2018. 802 Baltic Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $5,900. If we break it down further, the land itself was valued at $1,125. Improvements to the property, however, were assessed at a total of $4,775. 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.

Building Features

Driveway

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

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1946
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • 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: 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: 5,750
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 500
  • Total Building Area: 812
  • Gross Building Area: 812
  • Building Area: 812
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Unsure
  • Heating: Yes
  • Heated Square Feet: 812
  • 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 : SRIVY
  • Previous Owner : HILL INVESTMENT GROUP
  • Owner Before Previous Owner: BRADEN BRADEN BRADEN LLC

Neighborhood

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

Zoning

  • Zoning: RU-1

Geography

  • District: O
  • Parcel: 05-2082-0-0077
  • Lot: 119
  • Municipality: MEMPHIS
  • Latitude: 35.1542
  • Longitude: -89.9575

    Address

  • Full Address: 802 Baltic St
  • Address - House Number: 802
  • Address - Street Name: Baltic
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C071
  • 4-Digit Zip Code: 5518
  • Zip Code: 38112

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $359
  • Intital Tax Deliquent Year: 2018

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 36,099
  • High Value: 52,517
  • Low Value: 19,680

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,100,000
  • First Open Lien Mortgage Lender: BANK OF BARTLETT
  • First Open Lien Mortgage Recording Date: Oct 18, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,100,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 13, 2042

    Market Valuation

  • Market Total Value: $23,600
  • Market Land Value: $4,500
  • Market Improvement Value: $19,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $5,900
  • Assessed Land Value: $1,125
  • Assessed Improvements Value: $4,775

    Sales

  • Current Sale Contract Date: Sep 29, 2020
  • Current Sale Recording Date: Oct 05, 2020
  • Current Sale Transaction ID: 11789570846
  • Current Sale Price: $12,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20107840
  • Previous Sale Recording Date: Aug 11, 2020
  • Previous Sale Contract Date: Jun 29, 2020
  • Previous Sale Amount: $30,000
  • Previous Sale Document Type: Warranty Deed

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Frequently Asked Questions

What neighborhood is 802 Baltic Street located in?
The 802 Baltic 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 802 Baltic Street?
The average sales price for units in 802 Baltic Street is $0 currently.

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