See Home Value
$60,000 - $70,000
House - Off Market

1218 MARGARET

Memphis, TN 38109
bedrooms
Studio
bathrooms
0 Bath
Sold Feb 21, 2024
$31,000
Sold May 27, 2020
$8,000

About This Property

The current owner started on home, in preparation of remodeling.  But, decided not the remodel.   The walls were removed, and will need flooring, and ceiling.  Please be cautious while showing.  Lots of yard.  The home is on a 0.91 Acre lot.  Property is being sold "As-Is."  This home will make a great fixer-upper project.
Unit Size
-
Days on Market
-
Land Size
0.91 acres
Price per sqft
-
Property Type
House
Property Taxes
$30
HOA Dues
-
Year Built
1951

Price History

Date / Event Date Event Price
Feb 3, 2024 No longer available -
No longer available
Jan 21, 2024 Price Decreased $65,000
↓ $10K (13.3%)
Price Decreased
Jan 9, 2024 Price Decreased $75,000
↓ $24K (24.2%)
Price Decreased
Jan 2, 2024 Listed $99,000
Listed
May 17, 2020 No longer available -
No longer available
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Poor
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Cottage
  • 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: 40,000
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 2,000
  • Total Building Area: 1,240
  • Gross Building Area: 1,240
  • Building Area: 1,240
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,240
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OLD HOME TOWN
  • Land Acres: 0.918
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NS MARAGARET RD SEE MAP GRID# 214 I

Ownership

  • Current Owner : VEGA ANA CARINA
  • Previous Owner : PARRA MARINA MARTINEZ
  • Owner Before Previous Owner: DOCKERY KEVITA S
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown
  • Vacant Flag Date: Feb 12, 2024

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 022410

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 013-010
  • District: O
  • Parcel: 08-2044-0-0065C
  • Lot: 41&42
  • Municipality: MEMPHIS
  • Latitude: 35.0089
  • Longitude: -90.1048

    Address

  • Full Address: 1218 Margaret Rd
  • Address - House Number: 1218
  • Address - Street Name: Margaret
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Memphis
  • Carrier Code: R012
  • 4-Digit Zip Code: 6222
  • Zip Code: 38109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $362
  • Intital Tax Deliquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.459
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 8
  • Final Value: 381,818
  • High Value: 557,090
  • Low Value: 206,545

    Market Valuation

  • Market Total Value: $23,800
  • Market Land Value: $6,800
  • Market Improvement Value: $17,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $5,950
  • Assessed Land Value: $1,700
  • Assessed Improvements Value: $4,250

    Sales

  • Current Sale Contract Date: Feb 13, 2024
  • Current Sale Recording Date: Feb 21, 2024
  • Current Sale Transaction ID: 11921269481
  • Current Sale Price: $31,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 14749
  • Previous Sale Recording Date: May 27, 2020
  • Previous Sale Contract Date: May 22, 2020
  • Previous Sale Amount: $8,000
  • Previous Sale Document Type: Warranty Deed



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
1 Bath
-
$94,900 Oct 26, 2023
-
$27/mo
House
2 Beds
1 Bath
-
$85,000 Aug 16, 2023
-
$39/mo

About South Memphis Planning Dist


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Frequently Asked Questions

When was property at 1218 Margaret Road built and last sold?
The property at 1218 Margaret Road was built in 1951 and last sold on Feb 13, 2024 for $31,000.
How much is this home worth?
The estimated value of the home located at 1218 Margaret Road is $65,650.
What are some comparable homes to 1218 Margaret Road?
Homes that are comparable to 1218 Margaret Road include a house property at 4718 Dodd Road, 1349 Longcrest Road, which are both great to check out.

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