887 South Highland Street

887 South Highland Street in Memphis, TN was first built in 1932 and is 92 years old. Although, the building on the property was most recently renovated and altered in 1955. This has been categorized as a commercial property type. It is a single story home. 887 South Highland Street has 2,278 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. In total, the area measurement of the land is 7,187 square feet.

Learn more about the property and building on this page. The building type has been coded as 4. The code stands for buildings that have wood or wood and steel frames.. There is a unknown. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of E. The condition of the building has been evaluated as poor. The exterior walls of the home are made of masonry. 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 heating system and being fueled with gas. 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, 887 South Highland Street was last sold in Jul 14, 2023 for $90,000. According to our calculations, that's $39.51 per sqft. Prior to that sales transaction, the property was sold for $53,000 in Sep 23, 2019. Current property owners are expected to pay $1,367 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 887 South Highland Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $22,440. To break that down further, the land itself was valued at $10,080. While improvements to the property were assessed at a total of $12,360. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.