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1223 South Perkins Road

1223 South Perkins Road, Memphis, TN 38117
Sold Apr 17, 2020
$165,000
$154,660 by Keller Mortgage Llc
Mortgage Due May 01, 2050
Sold Aug 22, 2019
$62,500
Local assessors in Memphis, TN have categorized 1223 South Perkins Road as a residential type of property. The home was built in 1952 and is 72 years old. It was most recently renovated and altered in 1990. The property's lot size has been calculated to be 9,452 square feet. The linear feet between the front and back of the lot was measured at 1,390 ft and the front of the lot was measured at 680 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1223 South Perkins Road has a total of 1,523 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a gable style roof that was made of composition shingle. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is 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, 1223 South Perkins Road sold most recently in Apr 13, 2020 for a total of $165,000. If you work out the math, that's approximately a cost of $108.34 per sqft. Before that, the property was also sold for $62,500 in Aug 22, 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 $3,070 in taxes each year. 1223 South Perkins Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $50,400. If we break it down further, the land itself was valued at $5,975. Improvements to the property, however, were assessed at a total of $44,425. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1952
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • 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: 9,452
  • Lot Size Depth Feet: 1,390
  • Lot Size Frontage Feet: 680
  • Total Building Area: 1,523
  • Gross Building Area: 1,523
  • Building Area: 1,523
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,523
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COLONIAL PLAZA
  • Land Acres: 0.217
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : YOUNKIN IAN MICHAEL
  • Current Owner 2: HAWES JESSICA MAY
  • Previous Owner : STRAIGHT LINE INVESTMENTS LLC
  • Owner Before Previous Owner: MEMPHIS THIRTY SIX LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Right of Survivorship

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 009300

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 06-5020-0-0013
  • Lot: 65
  • Municipality: MEMPHIS
  • Latitude: 35.0983
  • Longitude: -89.907

    Address

  • Full Address: 1223 S Perkins Rd
  • Address - House Number: 1223
  • Street Direction: S
  • Address - Street Name: Perkins
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Memphis
  • Carrier Code: C005
  • 4-Digit Zip Code: 6151
  • Zip Code: 38117

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,070

    Appraisal Valuation

  • Standard Deviation: 0.2645
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 62
  • Final Value: 266,253
  • High Value: 336,682
  • Low Value: 195,824

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $154,660
  • First Open Lien Mortgage Lender: KELLER MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Apr 17, 2020
  • First Open Lien Mortgage Loan Amount: $154,660
  • 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: May 01, 2050

    Market Valuation

  • Market Total Value: $201,600
  • Market Land Value: $23,900
  • Market Improvement Value: $177,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $50,400
  • Assessed Land Value: $5,975
  • Assessed Improvements Value: $44,425

    Sales

  • Current Sale Contract Date: Apr 13, 2020
  • Current Sale Recording Date: Apr 17, 2020
  • Current Sale Transaction ID: 11755922607
  • Current Sale Price: $165,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20039295
  • Previous Sale Recording Date: Aug 22, 2019
  • Previous Sale Contract Date: Aug 22, 2019
  • Previous Sale Amount: $62,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: KELLER MORTGAGE LLC
  • First Mortgage Transaction Date: Apr 17, 2020
  • First Mortgage Loan Amount: $154,660
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2050

About Jackson - University Area



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Frequently Asked Questions

What neighborhood is 1223 South Perkins Road located in?
The 1223 South Perkins Road is a house located in the neighborhood of Colonial Acres in Jackson - University Area, Memphis.
What is the average sales price for listings in 1223 South Perkins Road?
The average sales price for units in 1223 South Perkins Road is $169,900 currently.

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