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1193 Railton Road

1193 Railton Road, Memphis, TN 38111
Sold May 20, 2020
$85,000
$80,000 by Quicken Loans Inc
Mortgage Due Jun 01, 2050
Sold Jun 05, 2019
$21,000
1193 Railton Road 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 1949 and is 75 years old. However, we must point out that the home was most recently renovated and altered in 1984. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1193 Railton Road has 1,606 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 1,800 ft and across the front of the lot is 1,100 ft. The area measurement of the land has been determined as 21,284 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a traditional 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 gable style roof made of composition shingle. The exterior walls of the building are made of brick veneer. 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. There is a single fireplace in the home. Perfect for those wintery nights. 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, 1193 Railton Road sold most recently in May 6, 2020 for a total of $85,000. If you work out the math, that's approximately a cost of $52.93 per sqft. Before that, the property was also sold for $21,000 in May 29, 2019. 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 $1,273 in taxes each year. 1193 Railton Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $20,900. If we break it down further, the land itself was valued at $1,250. Improvements to the property, however, were assessed at a total of $19,650. 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. 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.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.

Building Features

Driveway

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

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • 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
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 21,284
  • Lot Size Depth Feet: 1,800
  • Lot Size Frontage Feet: 1,100
  • Total Building Area: 1,606
  • Gross Building Area: 1,606
  • Building Area: 1,606
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,606
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHAMBERS PRESCOTT
  • Land Acres: 0.489
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : BOYD ZELLA MAE
  • Previous Owner : PRUITT REGINALD
  • Owner Before Previous Owner: BURTON REGINALD E
  • Owner Before Previous Owner 2: BURTON NICHOLAS B
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 007900

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 12-23
  • District: O
  • Parcel: 05-9089-0-0012
  • Lot: PT54
  • Municipality: MEMPHIS
  • Latitude: 35.0991
  • Longitude: -89.9509

    Address

  • Full Address: 1193 Railton Rd
  • Address - House Number: 1193
  • Address - Street Name: Railton
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Memphis
  • Carrier Code: C071
  • 4-Digit Zip Code: 3921
  • Zip Code: 38111

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,273

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 402,951
  • High Value: 586,216
  • Low Value: 219,685

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $80,000
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: May 20, 2020
  • First Open Lien Mortgage Loan Amount: $80,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2050

    Market Valuation

  • Market Total Value: $83,600
  • Market Land Value: $5,000
  • Market Improvement Value: $78,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $20,900
  • Assessed Land Value: $1,250
  • Assessed Improvements Value: $19,650

    Sales

  • Current Sale Contract Date: May 06, 2020
  • Current Sale Recording Date: May 20, 2020
  • Current Sale Transaction ID: 11761263724
  • Current Sale Price: $85,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20050780
  • Previous Sale Recording Date: Jun 05, 2019
  • Previous Sale Contract Date: May 29, 2019
  • Previous Sale Amount: $21,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: May 20, 2020
  • First Mortgage Loan Amount: $80,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2050

About Depot Planning District



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Nearby Rentals

Unit for rent at

$1,250 /mo

  • 1 Bed
  • 1 Bath
  • 940 ft²
Listing by Manager
Unit for rent at

$1,195 /mo

  • 2 Beds
  • 1 Bath
  • 905 ft²
Listing by Manager
Unit for rent at

$1,295 /mo

  • 3 Beds
  • 1.5 Baths
  • 1,350 ft²
Listing by Manager
Unit for rent at

$1,195 /mo

  • 3 Beds
  • 1 Bath
  • 1,080 ft²
Listing by Manager
Unit for rent at

$1,250 /mo

  • 3 Beds
  • 2 Baths
  • 1,102 ft²
Listing by Manager
Unit for rent at

$1,300 /mo

  • 4 Beds
  • 2 Baths
  • 1,771 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 1193 Railton Road located in?
The 1193 Railton Road is a house located in the neighborhood of Cherokee Civic Club in Depot Planning District, Memphis.
What is the average sales price for listings in 1193 Railton Road?
The average sales price for units in 1193 Railton Road is $93,500 currently.

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