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4039 Hobson Road

4039 Hobson Road, Memphis, TN 38128
Sold Feb 08, 2022
$127,500
$125,190 by First Horizon Bank
Mortgage Due Feb 01, 2052
Sold Aug 17, 2020
$110,000
$110,000 by Firstbank Alma Mortgage Co
Mortgage Due Sep 01, 2050
4039 Hobson Road in Memphis, TN was first built in 1972 and is 52 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 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 4039 Hobson Road has 1,222 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 580 ft and the linear feet between the front and back of the lot is 1,220. In total, the area measurement of the land is 7,076 square feet.

Learn more about the property and building on this page. There is a unknown. The home has a gable style roof made of composition shingle. For those who need parking, there is a carport. The garage is 190 sqft. There are a total of 4 available parking spaces. 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. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and 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, 4039 Hobson Road sold most recently in Jan 27, 2022 for a total of $127,500. If you work out the math, that's approximately a cost of $104.34 per sqft. Before that, the property was also sold for $110,000 in Aug 12, 2020. 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 $1,055 in taxes each year. 4039 Hobson Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $17,325. If we break it down further, the land itself was valued at $2,250. Improvements to the property, however, were assessed at a total of $15,075. 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. 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.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

Driveway

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

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: D
  • 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
  • Garage Type: Carport
  • Garage Square Area: 190
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 7,076
  • Lot Size Depth Feet: 1,220
  • Lot Size Frontage Feet: 580
  • Total Building Area: 1,222
  • Gross Building Area: 1,222
  • Building Area: 1,222
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,222
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NAM NI ESTATES
  • Land Acres: 0.162
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WS HOBSON RD

Ownership

  • Current Owner : WOODS KELLY DENISE
  • Previous Owner : LAKISHA DEME
  • Owner Before Previous Owner: JOHNSON SANDRA L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 020524

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 37-24
  • District: O
  • Parcel: 09-0049-0-0016
  • Block: A-6
  • Lot: 609
  • Municipality: MEMPHIS
  • Latitude: 35.2361
  • Longitude: -89.939

    Address

  • Full Address: 4039 Hobson Rd
  • Address - House Number: 4039
  • Address - Street Name: Hobson
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Memphis
  • Carrier Code: C003
  • 4-Digit Zip Code: 2005
  • Zip Code: 38128

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,055

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 397,984
  • High Value: 578,990
  • Low Value: 216,977

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $125,190
  • First Open Lien Mortgage Lender: FIRST HORIZON BANK
  • First Open Lien Mortgage Recording Date: Feb 08, 2022
  • First Open Lien Mortgage Loan Amount: $125,190
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2052

    Market Valuation

  • Market Total Value: $69,300
  • Market Land Value: $9,000
  • Market Improvement Value: $60,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $17,325
  • Assessed Land Value: $2,250
  • Assessed Improvements Value: $15,075

    Sales

  • Current Sale Contract Date: Jan 27, 2022
  • Current Sale Recording Date: Feb 08, 2022
  • Current Sale Transaction ID: 11879374221
  • Current Sale Price: $127,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 14487
  • Previous Sale Recording Date: Aug 17, 2020
  • Previous Sale Contract Date: Aug 12, 2020
  • Previous Sale Amount: $110,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST HORIZON BANK
  • First Mortgage Transaction Date: Feb 08, 2022
  • First Mortgage Loan Amount: $125,190
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: FIRSTBANK ALMA MORTGAGE CO
  • Previous Mortgage Transaction Date: Aug 17, 2020
  • Previous Mortgage Loan Amount: $110,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2050

About Frayser - Raleigh PD



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Nearby Rentals

Unit for rent at 3823 Rainford, Memphis, TN, 38128

$1,194 /mo

  • 3 Beds
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3823 Rainford, Memphis, TN, 38128 Listing by Jo Mathes

Frequently Asked Questions

What neighborhood is 4039 Hobson Road located in?
The 4039 Hobson Road is a house located in the neighborhood of Springhill Community Civic Club in Frayser - Raleigh PD, Memphis.
What is the average sales price for listings in 4039 Hobson Road?
The average sales price for units in 4039 Hobson Road is $0 currently.

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