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2478 Hale Road

2478 Hale Road, Memphis, TN 38112
Sold Sep 15, 2023
$221,450
$177,160 by First National Bank Of America
Mortgage Due Sep 20, 2053
Sold Mar 30, 2023
$202,000
$171,700 by Umortgage Llc
Mortgage Due Apr 01, 2053
Local assessors in Memphis, TN have categorized 2478 Hale Road as a residential type of property. The home was built in 1920 and is 104 years old. The property's lot size has been calculated to be 7,500 square feet. The linear feet between the front and back of the lot was measured at 1,500 ft and the front of the lot was measured at 500 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, 2 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 2478 Hale Road has a total of 1,294 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 both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is fair. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. 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 roof that is made of composition shingle. Residents rely on an air conditioning type we are unsure of for their cooling system. The home's a heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Sep 1, 2023 for $221,450. That's $171.14 per sqft. Prior to that sales transaction, the property was also sold in Mar 21, 2023 for $202,000. 2478 Hale Road was last assessed in 2022. The total value of the property was assessed at $15,875. Specifically, the land the property is located on was valued at $3,000. While improvements on the property were assessed at a total of $12,875. 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 $967. The initial tax year of delinquency was in 2022. 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.

Building Features

Condition

New Construction

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Cottage
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Partial basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,294
  • Gross Building Area: 1,294
  • Building Area: 1,294
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Unsure
  • Heating: Yes
  • Heated Square Feet: 1,294
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BINGHAMTON
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NS HALE

Ownership

  • Current Owner : CASTILLO MARIA ANGELICA VAL
  • Previous Owner : GUTIERREZ LENIN
  • Owner Before Previous Owner: MALDONADO MANUEL LONGORIA
  • Ownership Rights Codes: Married Woman as her sole & separate property
  • Vacant Flag Date: Dec 04, 2023

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 002700

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 3-39
  • District: O
  • Parcel: 03-3014-0-0020
  • Block: 25
  • Lot: 22
  • Municipality: MEMPHIS
  • Latitude: 35.1435
  • Longitude: -89.9775

    Address

  • Full Address: 2478 Hale Ave
  • Address - House Number: 2478
  • Address - Street Name: Hale
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C091
  • 4-Digit Zip Code: 3328
  • Zip Code: 38112

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $967
  • Intital Tax Deliquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2595
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 63
  • Final Value: 174,268
  • High Value: 219,504
  • Low Value: 129,033

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $177,160
  • First Open Lien Mortgage Lender: FIRST NATIONAL BANK OF AMERICA
  • First Open Lien Mortgage Recording Date: Sep 15, 2023
  • First Open Lien Mortgage Loan Amount: $177,160
  • 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: Sep 20, 2053

    Market Valuation

  • Market Total Value: $63,500
  • Market Land Value: $12,000
  • Market Improvement Value: $51,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $15,875
  • Assessed Land Value: $3,000
  • Assessed Improvements Value: $12,875

    Sales

  • Current Sale Contract Date: Sep 01, 2023
  • Current Sale Recording Date: Sep 15, 2023
  • Current Sale Transaction ID: 11913118758
  • Current Sale Price: $221,450
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 78424
  • Previous Sale Recording Date: Mar 30, 2023
  • Previous Sale Contract Date: Mar 21, 2023
  • Previous Sale Amount: $202,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST NATIONAL BANK OF AMERICA
  • First Mortgage Transaction Date: Sep 15, 2023
  • First Mortgage Loan Amount: $177,160
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 20, 2053

    Previous Mortgages

  • Previous Mortgage Lender: UMORTGAGE LLC
  • Previous Mortgage Transaction Date: Mar 30, 2023
  • Previous Mortgage Loan Amount: $171,700
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2053

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Frequently Asked Questions

What neighborhood is 2478 Hale Road located in?
The 2478 Hale Road is a house located in the neighborhood of Binghampton-Lester in Jackson - University Area, Memphis.
What is the average sales price for listings in 2478 Hale Road?
The average sales price for units in 2478 Hale Road is $0 currently.

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