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1731 Wells Station Road

1731 Wells Station Road, Memphis, TN 38108
Property in Shelby
Refi Aug 05, 1998
Transfer
$34,300 by First Commercial Mtg Company
Mortgage Due Aug 01, 2028
Local assessors in Memphis, TN have categorized 1731 Wells Station Road as a residential type of property. The home was built in 1952 and is 72 years old. The property's lot size has been calculated to be 8,894 square feet. The linear feet between the front and back of the lot was measured at 1,080 ft and the front of the lot was measured at 1,020 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a cottage style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1731 Wells Station Road has a total of 964 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a gable style roof that was made of composition shingle. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is 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. Tax-wise, the current owner is expected to pay close to $676 in taxes each year. 1731 Wells Station Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $11,100. If we break it down further, the land itself was valued at $1,375. Improvements to the property, however, were assessed at a total of $9,725. 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: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Cottage
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,894
  • Lot Size Depth Feet: 1,080
  • Lot Size Frontage Feet: 1,020
  • Total Building Area: 964
  • Gross Building Area: 964
  • Building Area: 964
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 964
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SIGNAL HEIGHTS
  • Land Acres: 0.204
  • Standard Land Use Code: Single family residential

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 008800

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 05-3082-0-0003
  • Lot: 24
  • Municipality: MEMPHIS
  • Latitude: 35.1792
  • Longitude: -89.9168

    Address

  • Full Address: 1731 Wells Station Rd
  • Address - House Number: 1731
  • Address - Street Name: Wells Station
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Memphis
  • Carrier Code: C001
  • 4-Digit Zip Code: 2964
  • Zip Code: 38108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $676

    Appraisal Valuation

  • Standard Deviation: 0.2487
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 96,964
  • High Value: 121,082
  • Low Value: 72,846

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $34,300
  • First Open Lien Mortgage Lender: FIRST COMMERCIAL MTG COMPANY
  • First Open Lien Mortgage Recording Date: Aug 05, 1998
  • First Open Lien Mortgage Loan Amount: $34,300
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2028

    Market Valuation

  • Market Total Value: $44,400
  • Market Land Value: $5,500
  • Market Improvement Value: $38,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $11,100
  • Assessed Land Value: $1,375
  • Assessed Improvements Value: $9,725

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Frequently Asked Questions

What neighborhood is 1731 Wells Station Road located in?
The 1731 Wells Station Road is a located in the neighborhood of Shelby in Memphis, Memphis.
What is the average sales price for listings in 1731 Wells Station Road?
The average sales price for units in 1731 Wells Station Road is $0 currently.

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