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2531 Mackinnon Drive

2531 Mackinnon Drive, Memphis, TN 38119
House in Balmoral
Sold Aug 27, 2018
$159,900
$159,900 by Trustmark National Bank
Mortgage Due Sep 01, 2048
Sold Jul 31, 2002
$160,000
2531 Mackinnon Drive has been categorized by the local assessors in Memphis, TN as a residential type of property. The building on the property was first built in 1973 and is 51 years old. The home has a total of 9 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2531 Mackinnon Drive has 2,661 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 1,350 ft and across the front of the lot is 1,040 ft. The area measurement of the land has been determined as 14,040 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a traditional style.

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 attached garage for those who require parking. The garage measured 441 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a unknown. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of a combination of material. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. 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, 2531 Mackinnon Drive sold most recently in Aug 16, 2018 for a total of $159,900. If you work out the math, that's approximately a cost of $51.55 per sqft. Before that, the property was also sold for $160,000 in Jun 28, 2002. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $3,160 in taxes each year. 2531 Mackinnon Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $51,875. If we break it down further, the land itself was valued at $8,650. Improvements to the property, however, were assessed at a total of $43,225. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Frame
  • Building Style: Traditional
  • Exterior Walls Type: Combination
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 14,040
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 1,040
  • Total Building Area: 3,102
  • Gross Building Area: 3,102
  • Building Area: 2,661
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,661
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MARLBORO ESTATES
  • Land Acres: 0.322
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WS MACKINNON DR COR GROSVENOR AVE SW

Ownership

  • Current Owner : KIMBROUGH JAMES M
  • Previous Owner : LUBIN MARCIA
  • Owner Before Previous Owner: MOREHEAD MELANIE J HANKINS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 021331

Zoning

  • Zoning: R-10

Geography

  • Assessors Map Reference: MB 43-63
  • District: O
  • Parcel: 08-1051-A0-0014
  • Lot: 174
  • Municipality: MEMPHIS
  • Latitude: 35.0801
  • Longitude: -89.8644

    Address

  • Full Address: 2531 Mackinnon Dr
  • Address - House Number: 2531
  • Address - Street Name: Mackinnon
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Memphis
  • Carrier Code: C061
  • 4-Digit Zip Code: 7903
  • Zip Code: 38119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,160

    Appraisal Valuation

  • Standard Deviation: 0.2487
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 292,228
  • High Value: 364,915
  • Low Value: 219,541

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $159,900
  • First Open Lien Mortgage Lender: TRUSTMARK NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Aug 27, 2018
  • First Open Lien Mortgage Loan Amount: $159,900
  • 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 01, 2048

    Market Valuation

  • Market Total Value: $207,500
  • Market Land Value: $34,600
  • Market Improvement Value: $172,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $51,875
  • Assessed Land Value: $8,650
  • Assessed Improvements Value: $43,225

    Sales

  • Current Sale Contract Date: Aug 16, 2018
  • Current Sale Recording Date: Aug 27, 2018
  • Current Sale Transaction ID: 11500095885
  • Current Sale Price: $159,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 18087182
  • Previous Sale Recording Date: Jul 31, 2002
  • Previous Sale Contract Date: Jun 28, 2002
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: Re-recorded Document

    Last Sale Mortgage

  • First Mortgage Lender: TRUSTMARK NATIONAL BANK
  • First Mortgage Transaction Date: Aug 27, 2018
  • First Mortgage Loan Amount: $159,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2048

About Balmoral



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Nearby Rentals

Unit for rent at

$1,675 /mo

  • 3 Beds
  • 2 Baths
Listing by Jayne Geranios

Frequently Asked Questions

What neighborhood is 2531 Mackinnon Drive located in?
The 2531 Mackinnon Drive is a house located in the neighborhood of Balmoral in Balmoral, Memphis.
What is the average sales price for listings in 2531 Mackinnon Drive?
The average sales price for units in 2531 Mackinnon Drive is $159,900 currently.

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