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873 North McNeil Street

873 North McNeil Street, Memphis, TN 38107
Sold Aug 29, 2023
$89,000
$80,100 by Community Mortgage Corporation
Mortgage Due Sep 01, 2053
Sold Apr 02, 2019
$115,000
$92,000 by United Wholesale Mortgage
Mortgage Due Apr 01, 2049
873 North McNeil Street in Memphis, TN was first built in 1925 and is 99 years old. Although, the building on the property was most recently renovated and altered in 1971. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a bungalow style. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 873 North McNeil Street has 1,374 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 1,300. In total, the area measurement of the land is 6,500 square feet.

Learn more about the property and building on this page. There is a unknown and 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 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 central air conditioning. As for heating, the home is utilizing a central 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, 873 North McNeil Street was last sold in Aug 15, 2023 for $89,000. According to our calculations, that's $64.77 per sqft. Prior to that sales transaction, the property was sold for $115,000 in Apr 2, 2019. Current property owners are expected to pay $1,579 in taxes per year. The property on 873 North McNeil Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $25,925. To break that down further, the land itself was valued at $3,000. While improvements to the property were assessed at a total of $22,925. 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.

Building Features

Driveway

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

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Bungalow
  • Exterior Walls Type: Brick veneer
  • 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: 6,500
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,374
  • Gross Building Area: 1,439
  • Building Area: 1,374
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,374
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STONEWALL
  • Land Acres: 0.149
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WS MCNEIL

Ownership

  • Current Owner : LEMUS JOSE
  • Current Owner 2: HARMON FERGUS
  • Previous Owner : BROWN MARYSE L
  • Owner Before Previous Owner: INKAN INVESTORS GP
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 001700

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 03-6011-0-0014
  • Lot: 199
  • Municipality: MEMPHIS
  • Latitude: 35.1627
  • Longitude: -90.0089

    Address

  • Full Address: 873 N Mcneil St
  • Address - House Number: 873
  • Street Direction: N
  • Address - Street Name: Mcneil
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C012
  • 4-Digit Zip Code: 4443
  • Zip Code: 38107

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,579

    Appraisal Valuation

  • Standard Deviation: 0.2487
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 165,811
  • High Value: 207,054
  • Low Value: 124,568

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $80,100
  • First Open Lien Mortgage Lender: COMMUNITY MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Aug 29, 2023
  • First Open Lien Mortgage Loan Amount: $80,100
  • 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: Sep 01, 2053

    Market Valuation

  • Market Total Value: $103,700
  • Market Land Value: $12,000
  • Market Improvement Value: $91,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,925
  • Assessed Land Value: $3,000
  • Assessed Improvements Value: $22,925

    Sales

  • Current Sale Contract Date: Aug 15, 2023
  • Current Sale Recording Date: Aug 29, 2023
  • Current Sale Transaction ID: 11911724642
  • Current Sale Price: $89,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 72367
  • Previous Sale Recording Date: Apr 02, 2019
  • Previous Sale Contract Date: Apr 02, 2019
  • Previous Sale Amount: $115,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COMMUNITY MORTGAGE CORPORATION
  • First Mortgage Transaction Date: Aug 29, 2023
  • First Mortgage Loan Amount: $80,100
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • Previous Mortgage Transaction Date: Apr 02, 2019
  • Previous Mortgage Loan Amount: $92,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2049

About Midtown



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Frequently Asked Questions

What neighborhood is 873 North McNeil Street located in?
The 873 North McNeil Street is a house located in the neighborhood of Rhodes Hollywood Springdale Partnership in Midtown, Memphis.
What is the average sales price for listings in 873 North McNeil Street?
The average sales price for units in 873 North McNeil Street is $0 currently.

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