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1553 Ivy Road

1553 Ivy Road, Memphis, TN 38117
1553 Ivy Road in Memphis, TN was first built in 1958 and is 68 years old. This has been categorized as a property type. For those interested in architecture, the building on the property was built in a . There are a total of 100 floors. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 1553 Ivy Road has 1,230 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 600 ft and the linear feet between the front and back of the lot is 1,330. In total, the area measurement of the land is 7,980 square feet.

Learn more about the property and building on this page. There is a and a . The home has a style roof made of . The quality of the control joints have been graded by the local assessor with a letter grade of . The condition of the building has been evaluated as . The exterior walls of the home are made of . Walk into the home itself and you'll find that it is currently being cooled with . As for heating, the home is utilizing and being fueled with . 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, 1553 Ivy Road sold most recently in Mar 22, 2022 for a total of $210,000. If you work out the math, that's approximately a cost of $170.73 per sqft. 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 $227,370 in taxes each year. 1553 Ivy Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $29,650. If we break it down further, the land itself was valued at $5,225. Improvements to the property, however, were assessed at a total of $24,425. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20220214
02/14/2022
3 Bed
2 Bath
-
$190,000
bedrooms
3 Bed
bathrooms
2 Bath
-
-
Steve Boysen
Crye-Leike Bartlett - Summer Oaks


Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 3
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 12
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,980
  • Lot Size Depth Feet: 1,330
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,230
  • Gross Building Area: 1,230
  • Building Area: 1,230
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,230
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COLONIAL VILLAGE B
  • Land Acres: 0000000183
  • Standard Land Use Code: 1001
  • County Land Use Code: 062

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: 06-6065-0-0014
  • Lot: 124
  • Municipality: MEMPHIS
  • Latitude: 35.0891
  • Longitude: -89.8995

    Address

  • Full Address: 1553 Ivy Rd
  • Address - House Number: 1553
  • Address - Street Name: Ivy
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Memphis
  • Carrier Code: C043
  • 4-Digit Zip Code: 6723
  • Zip Code: 38117

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $227,370
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2236
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 220,003
  • High Value: 269,213
  • Low Value: 170,793

    Market Valuation

  • Market Total Value: $118,600
  • Market Land Value: $20,900
  • Market Improvement Value: $97,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $29,650
  • Assessed Land Value: $5,225
  • Assessed Improvements Value: $24,425

    Sales

  • Current Sale Contract Date: Mar 22, 2022
  • Current Sale Recording Date: Mar 29, 2022
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 35949

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Colonial Acres



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Frequently Asked Questions

What neighborhood is 1553 Ivy Road located in?
The 1553 Ivy Road is a house located in the neighborhood of Colonial Acres in Colonial Acres, Memphis.
What is the average sales price for listings in 1553 Ivy Road?
The average sales price for units in 1553 Ivy Road is $0 currently.