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846 Biggs Street

846 Biggs Street, Memphis, TN 38108
Multifamily in Biggs Street
Sold Jun 22, 2022
$140,000
$105,000 by Delmar Financial Company
Mortgage Due Jul 01, 2052
Sold Apr 27, 2020
$88,000
$66,000 by First National Bank Of Pennsyl
Mortgage Due May 01, 2050
846 Biggs Street in Memphis, TN was first built in 1962 and is 62 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 traditional style. It is a single story home. There are a total of 9 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 846 Biggs Street has 1,820 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 1,430. In total, the area measurement of the land is 7,150 square feet.

Learn more about the property and building on this page. There is a unknown. The roof of the home is made of composition shingle. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as average. 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 a window/unit air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. The property was last sold in Jun 18, 2022 for $140,000. That's $76.92 per sqft. Prior to that sales transaction, the property was also sold in Apr 23, 2020 for $88,000. 846 Biggs Street was last assessed in 2022. The total value of the property was assessed at $20,520. Specifically, the land the property is located on was valued at $2,000. While improvements on the property were assessed at a total of $18,520. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,250. 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! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • 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 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: 7,150
  • Lot Size Depth Feet: 1,430
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,820
  • Gross Building Area: 1,820
  • Building Area: 1,820
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Window/unit air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,820
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OVERTON PARK VIEW
  • Land Acres: 0.164
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: ES BIGGS

Ownership

  • Current Owner : SAGABAEN JONATHAN
  • Current Owner 2: PARCO ACELYNE MIL
  • Previous Owner : CHAWLA SAMEER K
  • Previous Owner 2: CHAWLA CYNAMON K
  • Owner Before Previous Owner: JER LLC
  • Ownership Rights Codes: Husband and wife
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jun 22, 2023

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 000900

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 05-2012-0-0024
  • Lot: 36
  • Municipality: MEMPHIS
  • Latitude: 35.1589
  • Longitude: -89.9793

    Address

  • Full Address: 846 Biggs St
  • Address - House Number: 846
  • Address - Street Name: Biggs
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C014
  • 4-Digit Zip Code: 3224
  • Zip Code: 38108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,250

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 100,560
  • High Value: 146,295
  • Low Value: 54,824

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $105,000
  • First Open Lien Mortgage Lender: DELMAR FINANCIAL COMPANY
  • First Open Lien Mortgage Recording Date: Jun 22, 2022
  • First Open Lien Mortgage Loan Amount: $105,000
  • 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: Jul 01, 2052

    Market Valuation

  • Market Total Value: $51,300
  • Market Land Value: $5,000
  • Market Improvement Value: $46,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $20,520
  • Assessed Land Value: $2,000
  • Assessed Improvements Value: $18,520

    Sales

  • Current Sale Contract Date: Jun 18, 2022
  • Current Sale Recording Date: Jun 22, 2022
  • Current Sale Transaction ID: 11890910762
  • Current Sale Price: $140,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 69285
  • Previous Sale Recording Date: Apr 27, 2020
  • Previous Sale Contract Date: Apr 23, 2020
  • Previous Sale Amount: $88,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: DELMAR FINANCIAL COMPANY
  • First Mortgage Transaction Date: Jun 22, 2022
  • First Mortgage Loan Amount: $105,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: FIRST NATIONAL BANK OF PENNSYL
  • Previous Mortgage Transaction Date: Apr 27, 2020
  • Previous Mortgage Loan Amount: $66,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2050

About Jackson - University Area



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$1,350 /mo

  • 2 Beds
  • 1.5 Baths
  • 950 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 846 Biggs Street located in?
The 846 Biggs Street is a multifamily located in the neighborhood of Biggs Street in Jackson - University Area, Memphis.
What is the average sales price for listings in 846 Biggs Street?
The average sales price for units in 846 Biggs Street is $0 currently.

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