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41231 Memphis Drive

41231 Memphis Drive, Sterling Heights, MI 48313
Property in Sterling Heights
Sold Dec 06, 2021
$215,000
$204,250 by Mortgage 1 Inc
Mortgage Due Dec 01, 2051
Sold Oct 18, 2021
$188,000
41231 Memphis Drive in Sterling Heights, MI was first built in 1961 and is 63 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 41231 Memphis Drive has 912 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. The linear feet across the front of the lot is 600 ft and the linear feet between the front and back of the lot is 1,200. In total, the area measurement of the land is 7,187 square feet.

Learn more about the property and building on this page. The roof of the home is made of composition shingle. For those who need parking, there is a attached garage. The garage is 288 sqft. There is one available parking space. 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 brick control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit. 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, 41231 Memphis Drive was last sold in Nov 23, 2021 for $215,000. According to our calculations, that's $235.75 per sqft. Prior to that sales transaction, the property was sold for $188,000 in Sep 20, 2021. Current property owners are expected to pay $2,955 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 41231 Memphis Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $96,000. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Brick
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 912
  • Garage Type: Attached
  • Garage Square Area: 288
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,187
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 600
  • Total Building Area: 912
  • Building Area: 912
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 912
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: $TAKOMA PARK SUBDIVISION
  • Land Acres: 0.165
  • Standard Land Use Code: Single family residential
  • Legal Description 1: M 101 $TAKOMA PARK SUBDIVISION LOT 101

Ownership

  • Current Owner : PRISBY TYLER
  • Previous Owner : TOP I RENTALS LLC
  • Owner Before Previous Owner: BAIRRY DANIEL R
  • Owner Before Previous Owner 2: BAIREY JENNIFER L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Utica Community Schools
  • School Tax School District: UTICA
  • Census Tract: 230200

Zoning

  • Zoning: R-60

Geography

  • District: 10
  • Parcel: 10-10-11-378-020
  • Lot: 101
  • Municipality: STERLING HEIGHTS CITY
  • Latitude: 42.598
  • Longitude: -83.0039

    Address

  • Full Address: 41231 Memphis Dr
  • Address - House Number: 41231
  • Address - Street Name: Memphis
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Sterling Heights
  • Carrier Code: C036
  • 4-Digit Zip Code: 3354
  • Zip Code: 48313

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,955
  • Intital Tax Deliquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1789
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 76
  • Final Value: 237,663
  • High Value: 280,196
  • Low Value: 195,129

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $204,250
  • First Open Lien Mortgage Lender: MORTGAGE 1 INC
  • First Open Lien Mortgage Recording Date: Dec 06, 2021
  • First Open Lien Mortgage Loan Amount: $204,250
  • 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: Dec 01, 2051

    Market Valuation

  • Market Total Value: $192,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $96,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 23, 2021
  • Current Sale Recording Date: Dec 06, 2021
  • Current Sale Transaction ID: 11874564346
  • Current Sale Price: $215,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202102282576
  • Previous Sale Recording Date: Oct 18, 2021
  • Previous Sale Contract Date: Sep 20, 2021
  • Previous Sale Amount: $188,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE 1 INC
  • First Mortgage Transaction Date: Dec 06, 2021
  • First Mortgage Loan Amount: $204,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

About Sterling Heights



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Frequently Asked Questions

What neighborhood is 41231 Memphis Drive located in?
The 41231 Memphis Drive is a located in the neighborhood of Sterling Heights in Sterling Heights, Sterling Heights.
What is the average sales price for listings in 41231 Memphis Drive?
The average sales price for units in 41231 Memphis Drive is $0 currently.

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