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1761 South Perkins Road

1761 South Perkins Road, Memphis, TN 38117
Sold Jun 28, 2019
$110,000
$66,000 by First Western Fsb
Mortgage
Sold Dec 20, 2012
$65,379
$40,000 by Cfam Rescap Holding Llc
Mortgage
Local assessors in Memphis, TN have categorized 1761 South Perkins Road as a residential type of property. The home was built in 1955 and is 69 years old. The property's lot size has been calculated to be 7,800 square feet. The linear feet between the front and back of the lot was measured at 1,200 ft and the front of the lot was measured at 650 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler 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 1761 South Perkins Road has a total of 1,546 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. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. The garage on the property is 140 sqft. There are 6 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is fair. 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 brick veneer were used in the construction of the exterior walls of the home. The home's a forced air unit 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. According to our sources, 1761 South Perkins Road sold most recently in Jun 8, 2019 for a total of $110,000. If you work out the math, that's approximately a cost of $71.15 per sqft. Before that, the property was also sold for $65,379 in Nov 29, 2012. 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 $1,838 in taxes each year. 1761 South Perkins Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $30,175. If we break it down further, the land itself was valued at $3,975. Improvements to the property, however, were assessed at a total of $26,200. 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.

Building Features

Parking

Carport
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: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Fair
  • Building Quality: D
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 140
  • Parking Space Count: 6

    Dimensions

  • Lot Size Square Feet: 7,800
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,546
  • Gross Building Area: 1,546
  • Building Area: 1,546
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,546
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WILLOW PARK A
  • Land Acres: 0.179
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : PORTER PROPERTY HOLDINGS LLC
  • Previous Owner : GRUNDL INVESTMENTS TENNESSEE LLC
  • Owner Before Previous Owner: GP MEMPHIS CASHFLOW
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 009700

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 06-6040-0-0013
  • Lot: 89
  • Municipality: MEMPHIS
  • Latitude: 35.0835
  • Longitude: -89.9075

    Address

  • Full Address: 1761 S Perkins Rd
  • Address - House Number: 1761
  • Street Direction: S
  • Address - Street Name: Perkins
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Memphis
  • Carrier Code: C021
  • 4-Digit Zip Code: 7011
  • Zip Code: 38117

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,838

    Appraisal Valuation

  • Standard Deviation: 0.2514
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 180,102
  • High Value: 225,386
  • Low Value: 134,819

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $66,000
  • First Open Lien Mortgage Lender: FIRST WESTERN FSB
  • First Open Lien Mortgage Recording Date: Jun 28, 2019
  • First Open Lien Mortgage Loan Amount: $66,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $120,700
  • Market Land Value: $15,900
  • Market Improvement Value: $104,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $30,175
  • Assessed Land Value: $3,975
  • Assessed Improvements Value: $26,200

    Sales

  • Current Sale Contract Date: Jun 08, 2019
  • Current Sale Recording Date: Jun 28, 2019
  • Current Sale Transaction ID: 11620802758
  • Current Sale Price: $110,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201906280064039
  • Previous Sale Recording Date: Dec 20, 2012
  • Previous Sale Contract Date: Nov 29, 2012
  • Previous Sale Amount: $65,379
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST WESTERN FSB
  • First Mortgage Transaction Date: Jun 28, 2019
  • First Mortgage Loan Amount: $66,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: CFAM RESCAP HOLDING LLC
  • Previous Mortgage Transaction Date: Dec 20, 2012
  • Previous Mortgage Loan Amount: $40,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Building or Construction Loan

About Colonial Acres



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Frequently Asked Questions

What neighborhood is 1761 South Perkins Road located in?
The 1761 South Perkins Road is a house located in the neighborhood of Colonial Acres in Colonial Acres, Memphis.
What is the average sales price for listings in 1761 South Perkins Road?
The average sales price for units in 1761 South Perkins Road is $0 currently.

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