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305 Wilkinson Place

305 Wilkinson Place, Memphis, TN 38111
House in Shelby
Sold Sep 30, 2022
$383,000
$306,400 by Financial Federal Bank
Mortgage Due Oct 01, 2052
Sold Aug 12, 2020
$349,000
$361,564 by Evolve Bank & Trust
Mortgage Due Aug 01, 2050
305 Wilkinson Place 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 1947 and is 77 years old. However, we must point out that the home was most recently renovated and altered in 1982. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 305 Wilkinson Place has 1,657 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 1,680 ft and across the front of the lot is 650 ft. The area measurement of the land has been determined as 11,687 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. 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. 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 brick veneer. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 305 Wilkinson Place was last sold in Sep 27, 2022 for $383,000. According to our calculations, that's $231.14 per sqft. Prior to that sales transaction, the property was sold for $349,000 in Jul 1, 2020. Current property owners are expected to pay $5,420 in taxes per year. The property on 305 Wilkinson Place was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $88,975. To break that down further, the land itself was valued at $20,325. While improvements to the property were assessed at a total of $68,650. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Driveway

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

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1982
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: A
  • Building Style: Traditional
  • 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
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 11,687
  • Lot Size Depth Feet: 1,680
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,657
  • Gross Building Area: 1,657
  • Building Area: 1,657
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,657
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MCGEHEE & WILKINSON
  • Land Acres: 0.268
  • Standard Land Use Code: Single family residential
  • Legal Description 1: OF THOMAS WALKER E 11.28 ACRES WS WILKINSON PLACE

Ownership

  • Current Owner : FOX TUCKER A
  • Current Owner 2: FOX VICTORIA L
  • Previous Owner : ANN CARTER KATHLEEN
  • Owner Before Previous Owner: KUPPER JEFFREY S
  • Owner Before Previous Owner 2: ROBINSON LINDSAY M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 002900

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 11-67
  • District: O
  • Parcel: 04-4073-0-0053
  • Lot: 6
  • Municipality: MEMPHIS
  • Latitude: 35.14
  • Longitude: -89.938

    Address

  • Full Address: 305 Wilkinson Pl
  • Address - House Number: 305
  • Address - Street Name: Wilkinson
  • Address - Suffix Type: Pl
  • State: TN
  • City Name: Memphis
  • Carrier Code: C066
  • 4-Digit Zip Code: 6125
  • Zip Code: 38111

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,420

    Appraisal Valuation

  • Standard Deviation: 0.2385
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 392,383
  • High Value: 485,993
  • Low Value: 298,773

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $306,400
  • First Open Lien Mortgage Lender: FINANCIAL FEDERAL BANK
  • First Open Lien Mortgage Recording Date: Sep 30, 2022
  • First Open Lien Mortgage Loan Amount: $306,400
  • 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: Oct 01, 2052

    Market Valuation

  • Market Total Value: $355,900
  • Market Land Value: $81,300
  • Market Improvement Value: $274,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $88,975
  • Assessed Land Value: $20,325
  • Assessed Improvements Value: $68,650

    Sales

  • Current Sale Contract Date: Sep 27, 2022
  • Current Sale Recording Date: Sep 30, 2022
  • Current Sale Transaction ID: 11896520678
  • Current Sale Price: $383,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 109962
  • Previous Sale Recording Date: Aug 12, 2020
  • Previous Sale Contract Date: Jul 01, 2020
  • Previous Sale Amount: $349,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FINANCIAL FEDERAL BANK
  • First Mortgage Transaction Date: Sep 30, 2022
  • First Mortgage Loan Amount: $306,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: EVOLVE BANK & TRUST
  • Previous Mortgage Transaction Date: Aug 12, 2020
  • Previous Mortgage Loan Amount: $361,564
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Aug 01, 2050

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Frequently Asked Questions

What neighborhood is 305 Wilkinson Place located in?
The 305 Wilkinson Place is a house located in the neighborhood of Shelby in Memphis, Memphis.
What is the average sales price for listings in 305 Wilkinson Place?
The average sales price for units in 305 Wilkinson Place is $0 currently.

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