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1408 Gaither Parkway

1408 Gaither Parkway, Memphis, TN 38106
1408 Gaither Parkway has been categorized by the local assessors in Memphis, TN as a commercial type of property. The building on the property was first built in 1980 and is 44 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1408 Gaither Parkway has 4,329 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 1,000 ft and across the front of the lot is 1,440 ft. The area measurement of the land has been determined as 14,400 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We know that this is 4 code building. This code stands for "buildings that have wood or wood and steel frames.". Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The exterior walls of the building are made of concrete block. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system and being fueled with gas. The property was last sold in May 21, 1997 for $49,719. That's $11.49 per sqft. 1408 Gaither Parkway was last assessed in 2022. The total value of the property was assessed at $63,640. Specifically, the land the property is located on was valued at $8,160. While improvements on the property were assessed at a total of $55,480. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $3,877. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Concrete block
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 14,400
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,440
  • Total Building Area: 4,329
  • Gross Building Area: 4,329
  • Building Area: 4,329
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 4,329
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Wood &/or steel frames
  • Property Class: Commercial
  • Subdivision: FLOWER PLACE
  • Land Acres: 0.331
  • Standard Land Use Code: Day care, pre-school (commercial)
  • Legal Description 1: PART LOT 28 & 29 ES GAITHER ST

Ownership

  • Current Owner : PEYTON REGINALD
  • Previous Owner : WARE WARE C
  • Previous Owner 2: WARE VIOLA

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 005900

Zoning

  • Zoning: CMU-1

Geography

  • Assessors Map Reference: MB 4-57
  • District: O
  • Parcel: 01-4037-0-0044
  • Lot: 29-38
  • Municipality: MEMPHIS
  • Latitude: 35.1082
  • Longitude: -90.0311

    Address

  • Full Address: 1408 Gaither Pkwy
  • Address - House Number: 1408
  • Address - Street Name: Gaither
  • Address - Suffix Type: Pkwy
  • State: TN
  • City Name: Memphis
  • Carrier Code: C050
  • 4-Digit Zip Code: 4740
  • Zip Code: 38106

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,877

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,275,000
  • First Open Lien Mortgage Lender: FIRST HORIZON BANK
  • First Open Lien Mortgage Recording Date: Nov 02, 2021
  • First Open Lien Mortgage Loan Amount: $1,275,000
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Oct 15, 2026

    Market Valuation

  • Market Total Value: $159,100
  • Market Land Value: $20,400
  • Market Improvement Value: $138,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $63,640
  • Assessed Land Value: $8,160
  • Assessed Improvements Value: $55,480

    Sales

  • Current Sale Contract Date: May 21, 1997
  • Current Sale Recording Date: May 28, 1997
  • Current Sale Transaction ID: 1176908648
  • Current Sale Price: $49,719
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: GP-7530

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Frequently Asked Questions

What neighborhood is 1408 Gaither Parkway located in?
The 1408 Gaither Parkway is a located in the neighborhood of South Memphis Planning Dist in South Memphis Planning Dist, Memphis.
What is the average sales price for listings in 1408 Gaither Parkway?
The average sales price for units in 1408 Gaither Parkway is $0 currently.

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