Check Availability

1663 Welsh Road

1663 Welsh Road, Memphis, TN 38117
1663 Welsh Road has been categorized by the local assessors in Memphis, TN as a type of property. The building on the property was first built in 1955 and is 71 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 100 stories. In addition, 1663 Welsh Road has 1,326 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 1,330 ft and across the front of the lot is 650 ft. The area measurement of the land has been determined as 8,645 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a .

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 for those who require parking. The garage measured 220 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a and a . Moving on to the building itself. The condition of the building has been evaluated as . From what we've gathered, the quality of these control joints have been graded with a letter grade of by the local assessor. The building has a style roof made of . The exterior walls of the building are made of . The inside of the home is being cooled with at the moment. In terms of heating, it 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, 1663 Welsh Road sold most recently in Dec 9, 2021 for a total of $180,000. If you work out the math, that's approximately a cost of $135.75 per sqft. Before that, the property was also sold for $69,000 in Jan 1, 1970. 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 $175,135 in taxes each year. 1663 Welsh Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $28,750. 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 $23,525. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

Building Features

Parking

Carport

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20210915
09/15/2021
3 Bed
2 Bath
-
$200,000
bedrooms
3 Bed
bathrooms
2 Bath
-
-
Brenda Swanger
Crye-Leike Southaven


Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 3
  • 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: 3
  • Garage Square Area: 220
  • Parking Space Count: 1
  • Patio Type: 12
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,645
  • Lot Size Depth Feet: 1,330
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,326
  • Gross Building Area: 1,326
  • Building Area: 1,326
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,326
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COLONIAL VILLAGE SEC C
  • Land Acres: 0000000199
  • 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 19-5
  • District: O
  • Parcel: 06-6071-0-0014
  • Lot: 314
  • Municipality: MEMPHIS
  • Latitude: 35.0862
  • Longitude: -89.9007

    Address

  • Full Address: 1663 Welsh Rd
  • Address - House Number: 1663
  • Address - Street Name: Welsh
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Memphis
  • Carrier Code: C043
  • 4-Digit Zip Code: 6733
  • Zip Code: 38117

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $175,135

    Appraisal Valuation

  • Standard Deviation: 0.2743
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 60
  • Final Value: 196,158
  • High Value: 249,975
  • Low Value: 142,340

    Market Valuation

  • Market Total Value: $115,000
  • Market Land Value: $20,900
  • Market Improvement Value: $94,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $28,750
  • Assessed Land Value: $5,225
  • Assessed Improvements Value: $23,525

    Sales

  • Current Sale Contract Date: Dec 09, 2021
  • Current Sale Recording Date: Jan 10, 2022
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 22003794
  • Previous Sale Recording Date: Jun 16, 1995
  • Previous Sale Amount: $69,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Colonial Acres



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1663 Welsh Road located in?
The 1663 Welsh Road is a house located in the neighborhood of Colonial Acres in Colonial Acres, Memphis.
What is the average sales price for listings in 1663 Welsh Road?
The average sales price for units in 1663 Welsh Road is $0 currently.