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2555 McRae Road

2555 McRae Road, Memphis, TN 38114
Refi Feb 16, 2006
Transfer
$31,716 by American General Financial Ser
Mortgage
2555 McRae Road in Memphis, TN was first built in 1970 and is 54 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a traditional style. It is a single story home. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 2555 McRae Road has 936 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,300. In total, the area measurement of the land is 6,500 square feet.

Learn more about the property and building on this page. There is a unknown. The home has a hip style roof made of composition shingle. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick veneer. As for heating, the home is utilizing a forced air unit and being fueled with gas. 2555 McRae Road was last assessed in 2022. The total value of the property was assessed at $8,825. Specifically, the land the property is located on was valued at $800. While improvements on the property were assessed at a total of $8,025. 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 $538. The initial tax year of delinquency was in 2021. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Hip
  • 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: 6,500
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 500
  • Total Building Area: 936
  • Gross Building Area: 936
  • Building Area: 936
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 936
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DRAKE MCRAE ROAD SUBDIVISION
  • Land Acres: 0.149
  • Standard Land Use Code: Single family residential

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 007821

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 06-0148-0-0173
  • Lot: 2
  • Municipality: MEMPHIS
  • Latitude: 35.0754
  • Longitude: -90.0053

    Address

  • Full Address: 2555 Mcrae Rd
  • Address - House Number: 2555
  • Address - Street Name: Mcrae
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Memphis
  • Carrier Code: C071
  • 4-Digit Zip Code: 5830
  • Zip Code: 38114

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $538
  • Intital Tax Deliquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2487
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 71,337
  • High Value: 89,081
  • Low Value: 53,593

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $31,716
  • First Open Lien Mortgage Lender: AMERICAN GENERAL FINANCIAL SER
  • First Open Lien Mortgage Recording Date: Feb 16, 2006
  • First Open Lien Mortgage Loan Amount: $31,716
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Market Valuation

  • Market Total Value: $35,300
  • Market Land Value: $3,200
  • Market Improvement Value: $32,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $8,825
  • Assessed Land Value: $800
  • Assessed Improvements Value: $8,025

About Quince - Oakhaven-Parkway PD



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Frequently Asked Questions

What neighborhood is 2555 McRae Road located in?
The 2555 McRae Road is a located in the neighborhood of Quince - Oakhaven-Parkway PD in Quince - Oakhaven-Parkway PD, Memphis.
What is the average sales price for listings in 2555 McRae Road?
The average sales price for units in 2555 McRae Road is $0 currently.

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