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1589 David Street

1589 David Street, Memphis, TN 38114
Sold Aug 23, 2023
$117,500
$94,000 by Pinnacle Bank
Mortgage Due Sep 01, 2053
Sold Aug 17, 2022
$37,000
Local assessors in Memphis, TN have categorized 1589 David Street as a residential type of property. The home was built in 1949 and is 75 years old. The property's lot size has been calculated to be 8,700 square feet. The linear feet between the front and back of the lot was measured at 1,450 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 1589 David Street has a total of 870 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. Do you like to entertain? The home has a unknown so you'll have a great option in the front 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 an air conditioning type we are unsure of for their cooling system. The home's a heating system is the primary heating source and it is being fueled with gas. The property was last sold in Aug 3, 2023 for $117,500. That's $135.06 per sqft. Prior to that sales transaction, the property was also sold in Aug 10, 2022 for $37,000. 1589 David Street was last assessed in 2022. The total value of the property was assessed at $8,575. Specifically, the land the property is located on was valued at $1,000. While improvements on the property were assessed at a total of $7,575. 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 $522. The initial tax year of delinquency was in 2022. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • 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
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,700
  • Lot Size Depth Feet: 1,450
  • Lot Size Frontage Feet: 600
  • Total Building Area: 870
  • Gross Building Area: 870
  • Building Area: 870
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Unsure
  • Heating: Yes
  • Heated Square Feet: 870
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SHOULTS
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WS DAVID

Ownership

  • Current Owner : LANGSTON ROBERT
  • Current Owner 2: LANGSTON NORRITA
  • Previous Owner : MID SOUTH HOMEBUYERS GP
  • Owner Before Previous Owner: WILLIAMS REALTY & INVESTMENTS LLC
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 006800

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 04-7065-0-0017
  • Lot: 7
  • Municipality: MEMPHIS
  • Latitude: 35.1019
  • Longitude: -89.975

    Address

  • Full Address: 1589 David St
  • Address - House Number: 1589
  • Address - Street Name: David
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C061
  • 4-Digit Zip Code: 3858
  • Zip Code: 38114

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $522
  • Intital Tax Deliquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 385,930
  • High Value: 563,124
  • Low Value: 208,735

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $94,000
  • First Open Lien Mortgage Lender: PINNACLE BANK
  • First Open Lien Mortgage Recording Date: Aug 23, 2023
  • First Open Lien Mortgage Loan Amount: $94,000
  • 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: Sep 01, 2053

    Market Valuation

  • Market Total Value: $34,300
  • Market Land Value: $4,000
  • Market Improvement Value: $30,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $8,575
  • Assessed Land Value: $1,000
  • Assessed Improvements Value: $7,575

    Sales

  • Current Sale Contract Date: Aug 03, 2023
  • Current Sale Recording Date: Aug 23, 2023
  • Current Sale Transaction ID: 11911359448
  • Current Sale Price: $117,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 70832
  • Previous Sale Recording Date: Aug 17, 2022
  • Previous Sale Contract Date: Aug 10, 2022
  • Previous Sale Amount: $37,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PINNACLE BANK
  • First Mortgage Transaction Date: Aug 23, 2023
  • First Mortgage Loan Amount: $94,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2053

About Depot Planning District



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Frequently Asked Questions

What neighborhood is 1589 David Street located in?
The 1589 David Street is a located in the neighborhood of David Street Block Club in Depot Planning District, Memphis.
What is the average sales price for listings in 1589 David Street?
The average sales price for units in 1589 David Street is $0 currently.

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