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899 Parkhaven Lane

899 Parkhaven Lane, Memphis, TN 38111
Sold Jul 07, 2022
$149,000
$146,301 by Wolfe Financial Inc
Mortgage Due Jul 01, 2052
Sold Jun 13, 2019
$68,500
Local assessors in Memphis, TN have categorized 899 Parkhaven Lane as a residential type of property. The home was built in 1945 and is 79 years old. The property's lot size has been calculated to be 10,789 square feet. The linear feet between the front and back of the lot was measured at 1,800 ft and the front of the lot was measured at 600 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 899 Parkhaven Lane has a total of 935 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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 200 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a unknown so you'll have a great option in the 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 brick veneer 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. The property was last sold in Jun 22, 2022 for $149,000. That's $131.28 per sqft. Prior to that sales transaction, the property was also sold in Jun 11, 2019 for $68,500. 899 Parkhaven Lane was last assessed in 2022. The total value of the property was assessed at $15,600. Specifically, the land the property is located on was valued at $3,525. While improvements on the property were assessed at a total of $12,075. 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 $1,381. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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.

Building Features

Parking

Attached Garage
Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • 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: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 200
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 10,789
  • Lot Size Depth Feet: 1,800
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,135
  • Gross Building Area: 1,135
  • Building Area: 935
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 935
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARK HAVEN
  • Land Acres: 0.248
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : FULLINGTON MADISON ELIZABETH LY
  • Previous Owner : 899 PARKHAVEN LANE TRUST
  • Owner Before Previous Owner: BULLARD JOHN M
  • Owner Before Previous Owner 2: BULLARD KIMBERLY CANDE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 008000

Zoning

  • Zoning: RU-1

Geography

  • District: O
  • Parcel: 05-8047-0-0015
  • Lot: 6
  • Municipality: MEMPHIS
  • Latitude: 35.1069
  • Longitude: -89.9427

    Address

  • Full Address: 899 Parkhaven Ln
  • Address - House Number: 899
  • Address - Street Name: Parkhaven
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Memphis
  • Carrier Code: C096
  • 4-Digit Zip Code: 5627
  • Zip Code: 38111

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,381

    Appraisal Valuation

  • Standard Deviation: 0.27
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 61
  • Final Value: 143,862
  • High Value: 182,714
  • Low Value: 105,010

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $146,301
  • First Open Lien Mortgage Lender: WOLFE FINANCIAL INC
  • First Open Lien Mortgage Recording Date: Jul 07, 2022
  • First Open Lien Mortgage Loan Amount: $146,301
  • 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: Jul 01, 2052

    Market Valuation

  • Market Total Value: $62,400
  • Market Land Value: $14,100
  • Market Improvement Value: $48,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $15,600
  • Assessed Land Value: $3,525
  • Assessed Improvements Value: $12,075

    Sales

  • Current Sale Contract Date: Jun 22, 2022
  • Current Sale Recording Date: Jul 07, 2022
  • Current Sale Transaction ID: 11891413977
  • Current Sale Price: $149,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 74819
  • Previous Sale Recording Date: Jun 13, 2019
  • Previous Sale Contract Date: Jun 11, 2019
  • Previous Sale Amount: $68,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WOLFE FINANCIAL INC
  • First Mortgage Transaction Date: Jul 07, 2022
  • First Mortgage Loan Amount: $146,301
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2052

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Frequently Asked Questions

What neighborhood is 899 Parkhaven Lane located in?
The 899 Parkhaven Lane is a house located in the neighborhood of Jackson - University Area in Jackson - University Area, Memphis.
What is the average sales price for listings in 899 Parkhaven Lane?
The average sales price for units in 899 Parkhaven Lane is $0 currently.

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