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1505 Cranford Road

1505 Cranford Road, Memphis, TN 38117
Sold Aug 31, 2017
$119,000
Sold Oct 24, 2008
$68,000
$61,200 by Evolve Bank & Trust
Mortgage Due Nov 01, 2038
Local assessors in Memphis, TN have categorized 1505 Cranford Road as a residential type of property. The home was built in 1955 and is 69 years old. The property's lot size has been calculated to be 7,980 square feet. The linear feet between the front and back of the lot was measured at 1,330 ft and the front of the lot was measured at 600 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 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 1505 Cranford Road has a total of 1,070 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. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. The garage on the property is 231 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back 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 hip style roof that was made of composition shingle. Lots of brick veneer 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. The property was last sold in Aug 25, 2017 for $119,000. That's $111.21 per sqft. Prior to that sales transaction, the property was also sold in Oct 16, 2008 for $68,000. 1505 Cranford Road was last assessed in 2022. The total value of the property was assessed at $28,775. Specifically, the land the property is located on was valued at $5,225. While improvements on the property were assessed at a total of $23,550. 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 $1,753. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 231
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,980
  • Lot Size Depth Feet: 1,330
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,070
  • Gross Building Area: 1,070
  • Building Area: 1,070
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,070
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COLONIAL VILLAGE B
  • Land Acres: 0.183
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : CSMA BLT LLC
  • Previous Owner : KNIGHT WALLACE R
  • Previous Owner 2: KNIGHT CANDACE L
  • Owner Before Previous Owner: HSBC BANK USA NA
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 009400

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 19-22
  • District: O
  • Parcel: 06-6079-0-0005
  • Lot: 170
  • Municipality: MEMPHIS
  • Latitude: 35.0906
  • Longitude: -89.8984

    Address

  • Full Address: 1505 Cranford Rd
  • Address - House Number: 1505
  • Address - Street Name: Cranford
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Memphis
  • Carrier Code: C043
  • 4-Digit Zip Code: 6705
  • Zip Code: 38117

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,753

    Appraisal Valuation

  • Standard Deviation: 0.2487
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 178,571
  • High Value: 222,988
  • Low Value: 134,154

    Market Valuation

  • Market Total Value: $115,100
  • Market Land Value: $20,900
  • Market Improvement Value: $94,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $28,775
  • Assessed Land Value: $5,225
  • Assessed Improvements Value: $23,550

    Sales

  • Current Sale Contract Date: Aug 25, 2017
  • Current Sale Recording Date: Aug 31, 2017
  • Current Sale Transaction ID: 1733157301
  • Current Sale Price: $119,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 17089735
  • Previous Sale Recording Date: Oct 24, 2008
  • Previous Sale Contract Date: Oct 16, 2008
  • Previous Sale Amount: $68,000
  • Previous Sale Document Type: Corporation Deed

    Previous Mortgages

  • Previous Mortgage Lender: EVOLVE BANK & TRUST
  • Previous Mortgage Transaction Date: Oct 24, 2008
  • Previous Mortgage Loan Amount: $61,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Nov 01, 2038

About Colonial Acres



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Frequently Asked Questions

What neighborhood is 1505 Cranford Road located in?
The 1505 Cranford Road is a house located in the neighborhood of Colonial Acres in Colonial Acres, Memphis.
What is the average sales price for listings in 1505 Cranford Road?
The average sales price for units in 1505 Cranford Road is $0 currently.

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