975 South McLean Bl

975 South McLean Bl has been categorized by the local assessors in Memphis, TN as a type of property. The building on the property was first built in 1925 and is 101 years old. The building has a total of 100 stories. In addition, 975 South McLean Bl has 3,332 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 380 ft. The area measurement of the land has been determined as 3,750 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We know that this is 2 code building. This code stands for "". Residents will have the luxury of enjoying a . Moving on to the building itself. The condition of the building has been evaluated as . Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of by the local assessor. The exterior walls of the building are made of . The inside of the home is being cooled with at the moment. In terms of heating, it is utilizing and being fueled with . 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, 975 South McLean Bl sold most recently in Jan 6, 2023 for a total of $73,000. If you work out the math, that's approximately a cost of $21.91 per sqft. Before that, the property was also sold for $30,000 in Aug 27, 2018. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $156,433 in taxes each year. 975 South McLean Bl was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $22,280. If we break it down further, the land itself was valued at $1,880. Improvements to the property, however, were assessed at a total of $20,400. 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.