Check Availability
$119,000
House - For Sale

1591 RAILTON

Memphis, TN 38111
bedrooms
3 Beds
bathrooms
1 Bath
$118,557
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Great investment opportunity in this rental income producing house. It has 3 bedrooms and 1 baths. Currently renting for $1,500 per month. so as not to disturb tenants inspection scheduled after an accepted offer. Over 15 other rental houses available also.
Unit Size
-
Days on Market
246 days
Land Size
0.22 acres
Price per sqft
-
Property Type
House
Property Taxes
$42
HOA Dues
-
Year Built
1951
Listed By
Last updated: 7 months ago (MAARTN #10155262)

Price History

Date / Event Date Event Price
Aug 25, 2023 Listed by Pinnacle Realty $119,000
Listed by Pinnacle Realty
May 6, 2022 No longer available -
No longer available
Feb 9, 2022 In contract -
In contract
Jan 8, 2022 Relisted $90,000
Relisted
Dec 23, 2021 In contract -
In contract
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Floor Count: 1
  • Basement Area: 0
  • Garage Square Area: 288
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,796
  • Lot Size Depth Feet: 1,810
  • Lot Size Frontage Feet: 540
  • Total Building Area: 807
  • Gross Building Area: 807
  • Building Area: 807
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 807
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: RAILTON VILLAGE
  • Land Acres: 0.225

Ownership

  • Current Owner : SKEFOS MEYER PARTNERSHIP
  • Previous Owner : BURNETT SCOTT
  • Previous Owner 2: BURNETT DINAH
  • Owner Before Previous Owner: ROD KHLEIF

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 008120

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 05-9037-0-0056
  • Lot: 14
  • Municipality: MEMPHIS
  • Latitude: 35.0879
  • Longitude: -89.9515

    Address

  • Full Address: 1591 Railton Rd
  • Address - House Number: 1591
  • Address - Street Name: Railton
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Memphis
  • Carrier Code: C089
  • 4-Digit Zip Code: 3705
  • Zip Code: 38111

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $573
  • Intital Tax Deliquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 89
  • Final Value: 83,537
  • High Value: 92,642
  • Low Value: 74,432

    Market Valuation

  • Market Total Value: $37,600
  • Market Land Value: $5,000
  • Market Improvement Value: $32,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $9,400
  • Assessed Land Value: $1,250
  • Assessed Improvements Value: $8,150

    Sales

  • Current Sale Contract Date: Oct 31, 2001
  • Current Sale Recording Date: Nov 29, 2001
  • Current Sale Transaction ID: 1176609304
  • Current Sale Price: $119,895
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: LM-8812
  • Previous Sale Recording Date: Mar 31, 1999
  • Previous Sale Contract Date: Mar 24, 1999
  • Previous Sale Amount: $30,000
  • Previous Sale Document Type: unknown

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
1 Bath
-
$124,900 Jun 26, 2023
-
$62/mo
House
4 Beds
1 Bath
-
$99,900 Aug 15, 2023
-
$80/mo

About Depot Planning District


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Nearby Rentals

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769 Hilton Street, Memphis, TN, 38114 Listing by Manager
Unit for rent at 725 S. Graham Street, Memphis, TN, 38111

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725 S. Graham Street #725 S. Graham Street, Memphis, TN, 38111 Listing by Manager


Frequently Asked Questions

When was property at 1591 Railton Road built and last sold?
The property at 1591 Railton Road was built in 1951 and last sold on Oct 31, 2001 for $119,895.
How much is this home worth?
The estimated value of the home located at 1591 Railton Road is $120,190.
What are some comparable homes to 1591 Railton Road?
Homes that are comparable to 1591 Railton Road include a house property at 1210 Woodbury Road, 2928 Semmes Street, which are both great to check out.

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