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1505 Massey Manor Lane

1505 Massey Manor Lane, Memphis, TN 38120
House in Shelby
Sold Nov 05, 2018
$670,000
Sold Aug 05, 2013
$27,270
1505 Massey Manor Lane has been categorized by the local assessors in Memphis, TN as a residential type of property. The building on the property was first built in 2000 and is 24 years old. The home has a total of 10 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 5 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1505 Massey Manor Lane has 4,982 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 1,350 ft and across the front of the lot is 850 ft. The area measurement of the land has been determined as 12,979 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a traditional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 616 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The exterior walls of the building are made of brick veneer. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Nov 2, 2018 for $670,000. That's $119.69 per sqft. Prior to that sales transaction, the property was also sold in Jul 15, 2013 for $27,270. 1505 Massey Manor Lane was last assessed in 2022. The total value of the property was assessed at $182,850. Specifically, the land the property is located on was valued at $36,475. While improvements on the property were assessed at a total of $146,375. 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 $11,139. 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. 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: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 18
  • Building Condition: Average
  • Building Quality: B
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 616
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,979
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 850
  • Total Building Area: 5,598
  • Gross Building Area: 5,598
  • Building Area: 4,982
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,982
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MASSEYMANOR PRD
  • Land Acres: 0.298
  • Standard Land Use Code: Planned unit development (pud residential)
  • Legal Description 1: WS MASSEYMANOR LN (PD) COR MASSEYMANOR CV (PD) SW

Ownership

  • Current Owner : TAKEMOTO CLIFFORD
  • Current Owner 2: TAKEMOTO CHIZUKO
  • Previous Owner : SALKY ELLEN Y
  • Owner Before Previous Owner: SALKY SAMUEL
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 021311

Zoning

  • Zoning: R-15

Geography

  • Assessors Map Reference: MB 133-76
  • District: O
  • Parcel: 08-0008-R0-0023
  • Lot: 21
  • Municipality: MEMPHIS
  • Latitude: 35.108
  • Longitude: -89.8506

    Address

  • Full Address: 1505 Massey Manor Ln
  • Address - House Number: 1505
  • Address - Street Name: Massey Manor
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Memphis
  • Carrier Code: C010
  • 4-Digit Zip Code: 1411
  • Zip Code: 38120

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,139

    Appraisal Valuation

  • Standard Deviation: 0.2281
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 68
  • Final Value: 895,665
  • High Value: 1,100,008
  • Low Value: 691,322

    Market Valuation

  • Market Total Value: $731,400
  • Market Land Value: $145,900
  • Market Improvement Value: $585,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $182,850
  • Assessed Land Value: $36,475
  • Assessed Improvements Value: $146,375

    Sales

  • Current Sale Contract Date: Nov 02, 2018
  • Current Sale Recording Date: Nov 05, 2018
  • Current Sale Transaction ID: 11529436382
  • Current Sale Price: $670,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 18114178
  • Previous Sale Recording Date: Aug 05, 2013
  • Previous Sale Contract Date: Jul 15, 2013
  • Previous Sale Amount: $27,270
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: PINNACLE BANK
  • First Mortgage Transaction Date: Nov 05, 2018
  • First Mortgage Loan Amount: $569,500
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Nov 02, 2038

    Financing

  • First Mortgage Financing Type: Variable

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Frequently Asked Questions

What neighborhood is 1505 Massey Manor Lane located in?
The 1505 Massey Manor Lane is a house located in the neighborhood of Shelby in Memphis, Memphis.
What is the average sales price for listings in 1505 Massey Manor Lane?
The average sales price for units in 1505 Massey Manor Lane is $0 currently.

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