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161 South Yates Road

161 South Yates Road, Memphis, TN 38120
House in Shelby
Sold Oct 30, 2018
$279,000
$181,000 by Triumph Mortgage
Mortgage Due Nov 01, 2048
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161 South Yates Road 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 1959 and is 65 years old. However, we must point out that the home was most recently renovated and altered in 1975. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 161 South Yates Road has 2,170 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 1,700 ft and across the front of the lot is 1,100 ft. The area measurement of the land has been determined as 18,700 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 carport for those who require parking. The garage measured 475 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 D by the local assessor. The building has a hip style roof made of composition shingle. 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 Oct 25, 2018 for $279,000. That's $128.57 per sqft. 161 South Yates Road was last assessed in 2022. The total value of the property was assessed at $78,175. Specifically, the land the property is located on was valued at $19,450. While improvements on the property were assessed at a total of $58,725. 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 $4,762. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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: 1959
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 7
  • 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: 475
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 18,700
  • Lot Size Depth Feet: 1,700
  • Lot Size Frontage Feet: 1,100
  • Total Building Area: 2,170
  • Gross Building Area: 2,170
  • Building Area: 2,170
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,170
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GREEN GLADE
  • Land Acres: 0.429
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : VESELY JAN
  • Previous Owner : WILLARD BERYL A
  • Previous Owner 2: WILLARD KAREN L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 009600

Zoning

  • Zoning: R-10

Geography

  • District: O
  • Parcel: 06-8036-0-0003
  • Lot: 29
  • Municipality: MEMPHIS
  • Latitude: 35.1271
  • Longitude: -89.8755

    Address

  • Full Address: 161 S Yates Rd
  • Address - House Number: 161
  • Street Direction: S
  • Address - Street Name: Yates
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Memphis
  • Carrier Code: C036
  • 4-Digit Zip Code: 2255
  • Zip Code: 38120

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,762

    Appraisal Valuation

  • Standard Deviation: 0.2281
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 68
  • Final Value: 405,128
  • High Value: 497,557
  • Low Value: 312,699

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $181,000
  • First Open Lien Mortgage Lender: TRIUMPH MORTGAGE
  • First Open Lien Mortgage Recording Date: Oct 30, 2018
  • First Open Lien Mortgage Loan Amount: $181,000
  • 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: Nov 01, 2048

    Market Valuation

  • Market Total Value: $312,700
  • Market Land Value: $77,800
  • Market Improvement Value: $234,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $78,175
  • Assessed Land Value: $19,450
  • Assessed Improvements Value: $58,725

    Sales

  • Current Sale Contract Date: Oct 25, 2018
  • Current Sale Recording Date: Oct 30, 2018
  • Current Sale Transaction ID: 11524048255
  • Current Sale Price: $279,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 18111412

    Last Sale Mortgage

  • First Mortgage Lender: TRIUMPH MORTGAGE
  • First Mortgage Transaction Date: Oct 30, 2018
  • First Mortgage Loan Amount: $181,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2048

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Frequently Asked Questions

What neighborhood is 161 South Yates Road located in?
The 161 South Yates Road is a house located in the neighborhood of Shelby in Memphis, Memphis.
What is the average sales price for listings in 161 South Yates Road?
The average sales price for units in 161 South Yates Road is $0 currently.

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