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1654 Raymore Road

1654 Raymore Road, Memphis, TN 38117
Property in Colonial Acres
Sold May 28, 2021
$408,750
Buyer
Seller
$306,562 by Guaranty Bank & Trust Co
Mortgage Due May 25, 2026
Sold Jul 12, 2013
$69,000
1654 Raymore Road in Memphis, TN was first built in 1955 and is 69 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a traditional style. It is a single story home. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 1654 Raymore Road has 1,251 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 unknown. The home has a hip style roof made of composition shingle. For those who need parking, there is a carport. The garage is 209 sqft. There is one available parking space. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick veneer. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. 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, 1654 Raymore Road sold most recently in May 25, 2021 for a total of $408,750. If you work out the math, that's approximately a cost of $326.74 per sqft. Before that, the property was also sold for $69,000 in Jul 8, 2013. 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 $1,852 in taxes each year. The initial year of tax delinquency occurred in 2021. 1654 Raymore Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $30,400. 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 $25,175. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

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: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • 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: 209
  • 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: 1,251
  • Gross Building Area: 1,251
  • Building Area: 1,251
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,251
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

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

Ownership

  • Current Owner : HALEY ANDREW
  • Previous Owner : BARWOOD LLC
  • Owner Before Previous Owner: TUTOR R DEAN
  • Ownership Rights Codes: unknown

Neighborhood

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

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 19-5
  • District: O
  • Parcel: 06-6070-0-0021
  • Lot: 281
  • Municipality: MEMPHIS
  • Latitude: 35.0865
  • Longitude: -89.9023

    Address

  • Full Address: 1654 Raymore Rd
  • Address - House Number: 1654
  • Address - Street Name: Raymore
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Memphis
  • Carrier Code: C043
  • 4-Digit Zip Code: 6730
  • Zip Code: 38117

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,852
  • Intital Tax Deliquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2487
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 191,712
  • High Value: 239,398
  • Low Value: 144,027

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $306,562
  • First Open Lien Mortgage Lender: GUARANTY BANK & TRUST CO
  • First Open Lien Mortgage Recording Date: May 28, 2021
  • First Open Lien Mortgage Loan Amount: $306,562
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: May 25, 2026

    Market Valuation

  • Market Total Value: $121,600
  • Market Land Value: $20,900
  • Market Improvement Value: $100,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $30,400
  • Assessed Land Value: $5,225
  • Assessed Improvements Value: $25,175

    Sales

  • Current Sale Contract Date: May 25, 2021
  • Current Sale Recording Date: May 28, 2021
  • Current Sale Transaction ID: 11836219067
  • Current Sale Price: $408,750
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21065511
  • Previous Sale Recording Date: Jul 12, 2013
  • Previous Sale Contract Date: Jul 08, 2013
  • Previous Sale Amount: $69,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTY BANK & TRUST CO
  • First Mortgage Transaction Date: May 28, 2021
  • First Mortgage Loan Amount: $306,562
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: May 25, 2026

About Colonial Acres



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Frequently Asked Questions

What neighborhood is 1654 Raymore Road located in?
The 1654 Raymore Road is a located in the neighborhood of Colonial Acres in Colonial Acres, Memphis.
What is the average sales price for listings in 1654 Raymore Road?
The average sales price for units in 1654 Raymore Road is $0 currently.

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