See Home Value
$82,205*
House - Off Market

1478 EFFIE

Memphis, TN 38106
bedrooms
3 Beds
bathrooms
1 Bath
$70,000 - $80,000
Reference Base Price*
8.16%
Since Feb 1, 2022
National-US
Primary Model
Sold Jan 24, 2022
$72,000
$51,000 by Securitynational Mortgage Comp
Mortgage Due Jun 01, 2052
Sold Aug 06, 2019
$17,500

About This Property

Excellent investment property with a long term tenant. Would be a great addition to investor portfolio. Rental income is $850 monthly. Do not disturb or approach the tenant. Low maintenance with a large lot in a quiet cove. The property is managed by the owner.  Showings only after accepted offer is in place. NO WHOLESALER OR ASSIGNMENTS
Unit Size
-
Days on Market
-
Land Size
0.21 acres
Price per sqft
-
Property Type
House
Property Taxes
$46
HOA Dues
-
Year Built
1958

Price History

Date / Event Date Event Price
Jan 3, 2022 No longer available -
No longer available
Dec 30, 2021 Listed $76,000
Listed
Oct 1, 2018 No longer available -
No longer available
Jul 15, 2018 Listed $15,900
Listed
Brick house located on quiet cove street; needs work but has large bedrooms and living room, hot water tank, den area, etc. SEND YOUR INVESTORS OR HANDYMEN! MAKE AN OFFER! Owner/agent, call for more information.

Property Highlights

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Fair
  • Building Quality: C
  • Building Style: Cottage
  • 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
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,231
  • Lot Size Depth Feet: 940
  • Lot Size Frontage Feet: 860
  • Total Building Area: 1,273
  • Gross Building Area: 1,273
  • Building Area: 1,273
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Unsure
  • Heating: Yes
  • Heated Square Feet: 1,273
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUCCESS
  • Land Acres: 0.212
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ANDERSON SHAWN
  • Previous Owner : KEITH GIBSON
  • Owner Before Previous Owner: PMW PROPERTIES LLC

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 007821

Zoning

  • Zoning: RU-1

Geography

  • District: O
  • Parcel: 06-0051-0-0052
  • Lot: 21
  • Municipality: MEMPHIS
  • Latitude: 35.0869
  • Longitude: -90.0135

    Address

  • Full Address: 1478 Effie Rd
  • Address - House Number: 1478
  • Address - Street Name: Effie
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Memphis
  • Carrier Code: C066
  • 4-Digit Zip Code: 7802
  • Zip Code: 38106

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $638
  • Intital Tax Deliquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2645
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 62
  • Final Value: 81,804
  • High Value: 103,443
  • Low Value: 60,165

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $51,000
  • First Open Lien Mortgage Lender: SECURITYNATIONAL MORTGAGE COMP
  • First Open Lien Mortgage Recording Date: Mar 06, 2023
  • First Open Lien Mortgage Loan Amount: $51,000
  • 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: Jun 01, 2052

    Market Valuation

  • Market Total Value: $41,900
  • Market Land Value: $3,500
  • Market Improvement Value: $38,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $10,475
  • Assessed Land Value: $875
  • Assessed Improvements Value: $9,600

    Sales

  • Current Sale Contract Date: Jan 14, 2022
  • Current Sale Recording Date: Jan 24, 2022
  • Current Sale Transaction ID: 11877929186
  • Current Sale Price: $72,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 8773
  • Previous Sale Recording Date: Aug 06, 2019
  • Previous Sale Contract Date: Aug 01, 2019
  • Previous Sale Amount: $17,500
  • 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
4 Beds
2 Baths
-
$79,000 Aug 14, 2023
-
$112/mo
House
3 Beds
1 Bath
-
$85,000 Jun 5, 2023
-
$76/mo

About Depot Planning District


Similar Homes for Sale


Nearby Rentals

Unit for rent at

$1,095 /mo

  • 1 Bed
  • 1 Bath
Listing by Manager
Unit for rent at

$1,195 /mo

  • 3 Beds
  • 1.5 Baths
  • 1,000 ft²
Listing by Manager
Unit for rent at

$1,195 /mo

  • 3 Beds
  • 2 Baths
  • 1,600 ft²
Listing by Manager


Frequently Asked Questions

When was property at 1478 Effie Road built and last sold?
The property at 1478 Effie Road was built in 1958 and last sold on Jan 14, 2022 for $72,000.
How much is this home worth?
The estimated value of the home located at 1478 Effie Road is $76,760.
What are some comparable homes to 1478 Effie Road?
There are currently no comparable homes to 1478 Effie Road.

Quantcast