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432 Williamsburg Lane

432 Williamsburg Lane, Memphis, TN 38117
Property in Village
Sold Oct 04, 2022
$632,000
$632,000 by First Commercial Bank
Mortgage Due Oct 01, 2052
Sold Jan 13, 2016
$425,000
432 Williamsburg Lane 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 1942 and is 82 years old. However, we must point out that the home was most recently renovated and altered in 1979. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 432 Williamsburg Lane has 3,376 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 1,500 ft and across the front of the lot is 900 ft. The area measurement of the land has been determined as 14,277 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial 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 carport for those who require parking. The garage measured 324 sqft. Residents will have the luxury of enjoying a unknown. 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 D 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. 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, 432 Williamsburg Lane sold most recently in Sep 30, 2022 for a total of $632,000. If you work out the math, that's approximately a cost of $187.20 per sqft. Before that, the property was also sold for $425,000 in Jan 7, 2016. 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 $7,223 in taxes each year. 432 Williamsburg Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $118,575. If we break it down further, the land itself was valued at $62,000. Improvements to the property, however, were assessed at a total of $56,575. 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. 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!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

Parking

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

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Colonial
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 324
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 14,277
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 900
  • Total Building Area: 3,376
  • Gross Building Area: 3,376
  • Building Area: 3,376
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,376
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VILLAGE THE
  • Land Acres: 0.328
  • Standard Land Use Code: Single family residential
  • Legal Description 1: & N PT 188 ES WILLIAMSBURG LANE

Ownership

  • Current Owner : MERIWETHER HUNTER
  • Current Owner 2: MERIWETHER LAUREN M
  • Previous Owner : WOODBURY GEORGE R
  • Previous Owner 2: WOODBURY CATHY M
  • Owner Before Previous Owner: NIX PAMELA DELAINE
  • Owner Before Previous Owner 2: ELMS BRIAN M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 008500

Zoning

  • Zoning: R-10

Geography

  • District: O
  • Parcel: 05-7008-0-0024
  • Lot: PT187
  • Municipality: MEMPHIS
  • Latitude: 35.1197
  • Longitude: -89.9225

    Address

  • Full Address: 432 Williamsburg Ln
  • Address - House Number: 432
  • Address - Street Name: Williamsburg
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Memphis
  • Carrier Code: C001
  • 4-Digit Zip Code: 3630
  • Zip Code: 38117

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,223

    Appraisal Valuation

  • Standard Deviation: 0.2554
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 63
  • Final Value: 640,712
  • High Value: 804,360
  • Low Value: 477,064

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $632,000
  • First Open Lien Mortgage Lender: FIRST COMMERCIAL BANK
  • First Open Lien Mortgage Recording Date: Oct 04, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $632,000
  • 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: $474,300
  • Market Land Value: $248,000
  • Market Improvement Value: $226,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $118,575
  • Assessed Land Value: $62,000
  • Assessed Improvements Value: $56,575

    Sales

  • Current Sale Contract Date: Sep 30, 2022
  • Current Sale Recording Date: Oct 04, 2022
  • Current Sale Transaction ID: 11896609964
  • Current Sale Price: $632,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 111197
  • Previous Sale Recording Date: Jan 13, 2016
  • Previous Sale Contract Date: Jan 07, 2016
  • Previous Sale Amount: $425,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST COMMERCIAL BANK
  • First Mortgage Transaction Date: Oct 04, 2022
  • First Mortgage Loan Amount: $632,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 432 Williamsburg Lane located in?
The 432 Williamsburg Lane is a located in the neighborhood of Village in Jackson - University Area, Memphis.
What is the average sales price for listings in 432 Williamsburg Lane?
The average sales price for units in 432 Williamsburg Lane is $0 currently.

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