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1020 Wilbec Road

1020 Wilbec Road, Memphis, TN 38117
Sold Apr 11, 2023
$200,000
Sold Oct 19, 2020
$189,000
$185,576 by Triumph Mortgage
Mortgage Due Nov 01, 2050
1020 Wilbec Road in Memphis, TN was first built in 1955 and is 69 years old. Although, the building on the property was most recently renovated and altered in 2000. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a traditional style. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1020 Wilbec Road has 990 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 630 ft and the linear feet between the front and back of the lot is 1,350. In total, the area measurement of the land is 8,808 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable style roof made of composition shingle. For those who need parking, there is a carport. The garage is 200 sqft. There is one available parking space. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick veneer. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. The property was last sold in Mar 30, 2023 for $200,000. That's $202.02 per sqft. Prior to that sales transaction, the property was also sold in Oct 14, 2020 for $189,000. 1020 Wilbec Road was last assessed in 2022. The total value of the property was assessed at $46,550. Specifically, the land the property is located on was valued at $7,050. While improvements on the property were assessed at a total of $39,500. 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 $2,836. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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

Carport
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Traditional
  • 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: Carport
  • Garage Square Area: 200
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,808
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 630
  • Total Building Area: 990
  • Gross Building Area: 990
  • Building Area: 990
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 990
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARK MANOR 1ST ADDN REV
  • Land Acres: 0.202
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ARCOT KISHORE
  • Current Owner 2: ARCOT UMA
  • Previous Owner : TURPIN CAITLYN
  • Previous Owner 2: TURPIN BRETT
  • Owner Before Previous Owner: HELMS AMY L
  • Owner Before Previous Owner 2: HELMS AARON M
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 009501

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 17-75
  • District: O
  • Parcel: 06-7005-0-0027
  • Lot: 98
  • Municipality: MEMPHIS
  • Latitude: 35.1038
  • Longitude: -89.8917

    Address

  • Full Address: 1020 Wilbec Rd
  • Address - House Number: 1020
  • Address - Street Name: Wilbec
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Memphis
  • Carrier Code: C017
  • 4-Digit Zip Code: 5840
  • Zip Code: 38117

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,836

    Appraisal Valuation

  • Standard Deviation: 0.2516
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 226,812
  • High Value: 283,888
  • Low Value: 169,736

    Market Valuation

  • Market Total Value: $186,200
  • Market Land Value: $28,200
  • Market Improvement Value: $158,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $46,550
  • Assessed Land Value: $7,050
  • Assessed Improvements Value: $39,500

    Sales

  • Current Sale Contract Date: Mar 30, 2023
  • Current Sale Recording Date: Apr 11, 2023
  • Current Sale Transaction ID: 11905000180
  • Current Sale Price: $200,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 27979
  • Previous Sale Recording Date: Oct 19, 2020
  • Previous Sale Contract Date: Oct 14, 2020
  • Previous Sale Amount: $189,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: TRIUMPH MORTGAGE
  • Previous Mortgage Transaction Date: Oct 19, 2020
  • Previous Mortgage Loan Amount: $185,576
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Nov 01, 2050

About Sea Isle Park



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Frequently Asked Questions

What neighborhood is 1020 Wilbec Road located in?
The 1020 Wilbec Road is a house located in the neighborhood of Sea Isle Park in Sea Isle Park, Memphis.
What is the average sales price for listings in 1020 Wilbec Road?
The average sales price for units in 1020 Wilbec Road is $0 currently.

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