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1329 Marcia Road

1329 Marcia Road, Memphis, TN 38117
Sold Mar 03, 2020
$239,000
$215,100 by Firstbank
Mortgage Due Mar 01, 2050
Sold May 06, 2019
$110,000
$162,711 by First Security Bank
Mortgage Due May 05, 2020
1329 Marcia Road in Memphis, TN was first built in 1954 and is 70 years old. Although, the building on the property was most recently renovated and altered in 1969. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a bungalow style. It is a single story home. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1329 Marcia Road has 2,250 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 1,000 ft and the linear feet between the front and back of the lot is 1,100. In total, the area measurement of the land is 11,000 square feet.

Learn more about the property and building on this page. There is a unknown. The home has a gable style roof made of composition shingle. For those who need parking, there is a attached garage. The garage is 440 sqft. There are a total of 2 available parking spaces. 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. 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, 1329 Marcia Road sold most recently in Feb 28, 2020 for a total of $239,000. If you work out the math, that's approximately a cost of $88.85 per sqft. Before that, the property was also sold for $110,000 in Apr 24, 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 $3,713 in taxes each year. 1329 Marcia Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $60,950. If we break it down further, the land itself was valued at $6,650. Improvements to the property, however, were assessed at a total of $54,300. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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

Exterior

Brick Exterior
Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Bungalow
  • 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: Attached
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 11,000
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,690
  • Gross Building Area: 2,690
  • Building Area: 2,250
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,250
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARKSIDE MANOR
  • Land Acres: 0.253
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SANTIROJPRAPAI CHRISTOPHER DAVID
  • Current Owner 2: SANTIROJPRAPAI ABBEY
  • Previous Owner : REDEVELOPMENT LLC
  • Owner Before Previous Owner: NANDRAJOG LAKSH
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 16-32
  • District: O
  • Parcel: 06-6059-0-0003
  • Lot: 48
  • Municipality: MEMPHIS
  • Latitude: 35.0953
  • Longitude: -89.9049

    Address

  • Full Address: 1329 Marcia Rd
  • Address - House Number: 1329
  • Address - Street Name: Marcia
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Memphis
  • Carrier Code: C005
  • 4-Digit Zip Code: 6119
  • Zip Code: 38117

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,713

    Appraisal Valuation

  • Standard Deviation: 0.2487
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 306,467
  • High Value: 382,696
  • Low Value: 230,238

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $232,100
  • First Open Lien Mortgage Lender: FIRSTBANK
  • First Open Lien Mortgage Recording Date: Mar 03, 2020
  • First Open Lien Mortgage Loan Amount: $215,100
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2050
  • Second Open Lien Mortgage Lender: FIRSTBANK
  • Second Open Lien Mortgage Recording Date: Aug 13, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $17,000
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jul 13, 2031

    Market Valuation

  • Market Total Value: $243,800
  • Market Land Value: $26,600
  • Market Improvement Value: $217,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $60,950
  • Assessed Land Value: $6,650
  • Assessed Improvements Value: $54,300

    Sales

  • Current Sale Contract Date: Feb 28, 2020
  • Current Sale Recording Date: Mar 03, 2020
  • Current Sale Transaction ID: 11743623797
  • Current Sale Price: $239,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20022885
  • Previous Sale Recording Date: May 06, 2019
  • Previous Sale Contract Date: Apr 24, 2019
  • Previous Sale Amount: $110,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRSTBANK
  • First Mortgage Transaction Date: Mar 03, 2020
  • First Mortgage Loan Amount: $215,100
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: FIRST SECURITY BANK
  • Previous Mortgage Transaction Date: May 06, 2019
  • Previous Mortgage Loan Amount: $162,711
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: May 05, 2020

About Colonial Acres



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Nearby Rentals

Unit for rent at

$1,595 /mo

  • 3 Beds
  • 1 Bath
  • 1,040 ft²
Listing by Manager
Unit for rent at

$1,599 /mo

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

$1,650 /mo

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

$1,595 /mo

  • 3 Beds
  • 2 Baths
  • 1,104 ft²
Listing by Manager
Unit for rent at

$1,795 /mo

  • 4 Beds
  • 2 Baths
  • 1,517 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 1329 Marcia Road located in?
The 1329 Marcia Road is a house located in the neighborhood of Colonial Acres in Colonial Acres, Memphis.
What is the average sales price for listings in 1329 Marcia Road?
The average sales price for units in 1329 Marcia Road is $239,900 , or $108/sqft. currently.

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