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1444 Gillham Drive

1444 Gillham Drive, Memphis, TN 38134
Commercial in Shelby
Local assessors in Memphis, TN have categorized 1444 Gillham Drive as a office type of property. The home was built in 1984 and is 40 years old. The property's lot size has been calculated to be 29,621 square feet. 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 1444 Gillham Drive has a total of 6,000 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. 1444 Gillham Drive is a 1 code building. This code stands for "buildings that have fireproofed structural steel frames carrying all wall, floor and roof loads. The walls, floors and roof structures are built of non-combustible materials.". Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with steel control joints. 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 - C. Lots of metal 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 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, 1444 Gillham Drive sold most recently in Apr 19, 2021 for a total of $375,000. If you work out the math, that's approximately a cost of $62.50 per sqft. Before that, the property was also sold for $217,500 in Aug 14, 2015. 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 $5,780 in taxes each year. The initial year of tax delinquency occurred in 2021. 1444 Gillham Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $94,880. If we break it down further, the land itself was valued at $15,480. Improvements to the property, however, were assessed at a total of $79,400. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

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: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Steel
  • Exterior Walls Type: Metal
  • Floor Count: 1
  • Business/Commerical Units Count: 7
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 29,621
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 6,000
  • Gross Building Area: 6,000
  • Building Area: 6,000
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 6,000
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Fireproof structural steel frames/Non-combustible materials
  • Property Class: Office
  • Subdivision: MACON-GILLHAM SC-1 FINAL PLAN PHASE 2
  • Land Acres: 0.68
  • Standard Land Use Code: Commercial office (general)
  • Legal Description 1: ES GILLHAM AVE

Ownership

  • Current Owner : T I G MANAGEMENT LLC
  • Previous Owner : PEGASUS REAL ESTATE SERVICES LLC
  • Owner Before Previous Owner: BARNETT ENTERPRISES ONLINE LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 021122

Zoning

  • Zoning: CMU-2

Geography

  • Assessors Map Reference: MB 92-20
  • District: O
  • Parcel: 08-9008-0-0049
  • Lot: 79
  • Municipality: MEMPHIS
  • Latitude: 35.1644
  • Longitude: -89.8558

    Address

  • Full Address: 1444 Gillham Dr
  • Address - House Number: 1444
  • Address - Street Name: Gillham
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Memphis
  • Carrier Code: C015
  • 4-Digit Zip Code: 7567
  • Zip Code: 38134

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,780
  • Intital Tax Deliquent Year: 2021

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $318,750
  • First Open Lien Mortgage Lender: IBERIABANK
  • First Open Lien Mortgage Recording Date: Apr 20, 2021
  • First Open Lien Mortgage Loan Amount: $318,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $237,200
  • Market Land Value: $38,700
  • Market Improvement Value: $198,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $94,880
  • Assessed Land Value: $15,480
  • Assessed Improvements Value: $79,400

    Sales

  • Current Sale Contract Date: Apr 19, 2021
  • Current Sale Recording Date: Apr 20, 2021
  • Current Sale Transaction ID: 11831083791
  • Current Sale Price: $375,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21046899
  • Previous Sale Recording Date: Aug 28, 2015
  • Previous Sale Contract Date: Aug 14, 2015
  • Previous Sale Amount: $217,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: IBERIABANK
  • First Mortgage Transaction Date: Apr 20, 2021
  • First Mortgage Loan Amount: $318,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: FIRST BANK
  • Previous Mortgage Transaction Date: Aug 28, 2015
  • Previous Mortgage Loan Amount: $187,000
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Aug 10, 2020

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Frequently Asked Questions

What neighborhood is 1444 Gillham Drive located in?
The 1444 Gillham Drive is a commercial located in the neighborhood of Shelby in Memphis, Memphis.
What is the average sales price for listings in 1444 Gillham Drive?
The average sales price for units in 1444 Gillham Drive is $0 currently.

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