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1166 Vaughn Road

1166 Vaughn Road, Memphis, TN 38122
Property in Shelby
Sold May 24, 2021
$136,000
$136,000 by Bancorpsouth Bank
Mortgage Due Jun 01, 2051
Sold Jun 11, 2020
$119,500
$69,500 by Patriot Bank
Mortgage Due Jun 10, 2037
1166 Vaughn Road in Memphis, TN was first built in 1948 and is 76 years old. Although, the building on the property was most recently renovated and altered in 2020. 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. 1166 Vaughn Road has 1,301 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 750 ft and the linear feet between the front and back of the lot is 2,250. In total, the area measurement of the land is 16,875 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 detached garage. The garage is 220 sqft. 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 good. 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. 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, 1166 Vaughn Road sold most recently in May 19, 2021 for a total of $136,000. If you work out the math, that's approximately a cost of $104.53 per sqft. Before that, the property was also sold for $119,500 in Jun 9, 2020. 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 $1,626 in taxes each year. 1166 Vaughn Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $26,700. If we break it down further, the land itself was valued at $3,700. Improvements to the property, however, were assessed at a total of $23,000. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1948
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Good
  • 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: Detached
  • Garage Square Area: 220
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 16,875
  • Lot Size Depth Feet: 2,250
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,301
  • Gross Building Area: 1,301
  • Building Area: 1,301
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,301
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: JAMERSON & WRIGHT ADDN TO MEMPHIS
  • Land Acres: 0.387
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : KAWASAKI ANDREW
  • Current Owner 2: KAWASAKI RACHEL
  • Previous Owner : BENSON JOSEPH ERIC CHOI
  • Previous Owner 2: BENSON MERISSA C
  • Owner Before Previous Owner: MEMPHIS TURKEY PROPERTIES GP
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 008800

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 05-3056-0-0092
  • Lot: 31
  • Municipality: MEMPHIS
  • Latitude: 35.1635
  • Longitude: -89.9207

    Address

  • Full Address: 1166 Vaughn Rd
  • Address - House Number: 1166
  • Address - Street Name: Vaughn
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Memphis
  • Carrier Code: C058
  • 4-Digit Zip Code: 1612
  • Zip Code: 38122

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,626

    Appraisal Valuation

  • Standard Deviation: 0.262
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 62
  • Final Value: 178,780
  • High Value: 225,634
  • Low Value: 131,926

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $136,000
  • First Open Lien Mortgage Lender: BANCORPSOUTH BANK
  • First Open Lien Mortgage Recording Date: May 24, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $136,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2051

    Market Valuation

  • Market Total Value: $106,800
  • Market Land Value: $14,800
  • Market Improvement Value: $92,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $26,700
  • Assessed Land Value: $3,700
  • Assessed Improvements Value: $23,000

    Sales

  • Current Sale Contract Date: May 19, 2021
  • Current Sale Recording Date: May 24, 2021
  • Current Sale Transaction ID: 11835852330
  • Current Sale Price: $136,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21062519
  • Previous Sale Recording Date: Jun 11, 2020
  • Previous Sale Contract Date: Jun 09, 2020
  • Previous Sale Amount: $119,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANCORPSOUTH BANK
  • First Mortgage Transaction Date: May 24, 2021
  • First Mortgage Loan Amount: $136,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jun 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: PATRIOT BANK
  • Previous Mortgage Transaction Date: Jun 11, 2020
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $69,500
  • Previous Mortgage Term: 203
  • Previous Mortgage Loan Type: Credit Line (Revolving)
  • Previous Mortgage Loan Due Date: Jun 10, 2037

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Frequently Asked Questions

What neighborhood is 1166 Vaughn Road located in?
The 1166 Vaughn Road is a located in the neighborhood of Shelby in Memphis, Memphis.
What is the average sales price for listings in 1166 Vaughn Road?
The average sales price for units in 1166 Vaughn Road is $0 currently.

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