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2078 Higbee Avenue

2078 Higbee Avenue, Memphis, TN 38104
Property in East Midtown
Sold Aug 31, 2022
$281,000
$266,950 by Firstbank
Mortgage Due Sep 01, 2052
Sold Jul 29, 2014
$140,000
$2,346 by Shelby County
Mortgage
2078 Higbee Avenue has been categorized by the local assessors in Memphis, TN as a residential type of property. The building on the property was first built in 1902 and is 122 years old. The home has a total of 6 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2078 Higbee Avenue has 1,452 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 1,520 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 7,600 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bungalow style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The building has a hip style roof made of composition shingle. The exterior walls of the building are made of stucco. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. 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, 2078 Higbee Avenue sold most recently in Aug 25, 2022 for a total of $281,000. If you work out the math, that's approximately a cost of $193.53 per sqft. Before that, the property was also sold for $140,000 in Jul 18, 2014. 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 $3,375 in taxes each year. 2078 Higbee Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $55,400. If we break it down further, the land itself was valued at $14,200. Improvements to the property, however, were assessed at a total of $41,200. 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. 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. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1902
  • Effective Year Built: 1902
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • 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: Stucco
  • Roof Shape Type: Hip
  • 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: 7,600
  • Lot Size Depth Feet: 1,520
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,452
  • Gross Building Area: 1,452
  • Building Area: 1,452
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,452
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HIGBEE HEIGHTS
  • Land Acres: 0.175
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NS HIGBEE

Ownership

  • Current Owner : YORK MOSES M
  • Current Owner 2: WEBBER RAINEY DEY
  • Previous Owner : CARTER II SCOTT E
  • Previous Owner 2: CARTER MANDY L
  • Owner Before Previous Owner: SCHALLER JANET H
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 003300

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 03-0028-0-0023
  • Lot: 55
  • Municipality: MEMPHIS
  • Latitude: 35.1274
  • Longitude: -89.9926

    Address

  • Full Address: 2078 Higbee Ave
  • Address - House Number: 2078
  • Address - Street Name: Higbee
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C077
  • 4-Digit Zip Code: 5336
  • Zip Code: 38104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,375

    Appraisal Valuation

  • Standard Deviation: 0.2173
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 286,874
  • High Value: 349,227
  • Low Value: 224,521

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $266,950
  • First Open Lien Mortgage Lender: FIRSTBANK
  • First Open Lien Mortgage Recording Date: Aug 31, 2022
  • First Open Lien Mortgage Loan Amount: $266,950
  • 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, 2052

    Market Valuation

  • Market Total Value: $221,600
  • Market Land Value: $56,800
  • Market Improvement Value: $164,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $55,400
  • Assessed Land Value: $14,200
  • Assessed Improvements Value: $41,200

    Sales

  • Current Sale Contract Date: Aug 25, 2022
  • Current Sale Recording Date: Aug 31, 2022
  • Current Sale Transaction ID: 11895811190
  • Current Sale Price: $281,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 97416
  • Previous Sale Recording Date: Jul 29, 2014
  • Previous Sale Contract Date: Jul 18, 2014
  • Previous Sale Amount: $140,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRSTBANK
  • First Mortgage Transaction Date: Aug 31, 2022
  • First Mortgage Loan Amount: $266,950
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: SHELBY COUNTY
  • Previous Mortgage Transaction Date: Jul 29, 2014
  • Previous Mortgage Loan Amount: $2,346
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Midtown



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Frequently Asked Questions

What neighborhood is 2078 Higbee Avenue located in?
The 2078 Higbee Avenue is a located in the neighborhood of East Midtown in Midtown, Memphis.
What is the average sales price for listings in 2078 Higbee Avenue?
The average sales price for units in 2078 Higbee Avenue is $0 currently.

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