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4375 Old Forest Road

4375 Old Forest Road, Memphis, TN 38125
House in Richwood
4375 Old Forest Road has been categorized by the local assessors in Memphis, TN as a type of property. The building on the property was first built in 1945 and is 81 years old. The home has a total of 8 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. The building has a total of 175 stories. In addition, 4375 Old Forest Road has 3,936 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 2,100 ft and across the front of the lot is 2,150 ft. The area measurement of the land has been determined as 92,347 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a .

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 for those who require parking. The garage measured 800 sqft. Residents will have the luxury of enjoying a . Moving on to the building itself. The condition of the building has been evaluated as . 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 control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of by the local assessor. The building has a style roof made of . The inside of the home is being cooled with at the moment. In terms of heating, it is utilizing and being fueled with . 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, 4375 Old Forest Road sold most recently in Jun 26, 2023 for a total of $406,000. If you work out the math, that's approximately a cost of $103.15 per sqft. Before that, the property was also sold for $223,800 in Dec 22, 2005. 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 $244,250 in taxes each year. 4375 Old Forest Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $72,050. If we break it down further, the land itself was valued at $14,525. Improvements to the property, however, were assessed at a total of $57,525. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20221205
12/05/2022
3 Bed
2 Bath
-
$450,000
bedrooms
3 Bed
bathrooms
2 Bath
-
-
Sheldon Rosengarten
Marx-Bensdorf, REALTORS


Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 175
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 800
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 92,347
  • Lot Size Depth Feet: 2,100
  • Lot Size Frontage Feet: 2,150
  • Total Building Area: 3,936
  • Gross Building Area: 3,936
  • Building Area: 3,936
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,936
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RICHWOOD PUD PHASE 1 SECT A
  • Land Acres: 0000002120
  • Standard Land Use Code: 1001
  • County Land Use Code: 062
  • Legal Description 1: ES RICHWOOD PL COR OLD FOREST RD (NE)

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 021745

Zoning

  • Zoning: CA

Geography

  • Assessors Map Reference: MB 122-3
  • District: S
  • Parcel: D0-241A-E0-0103
  • Lot: 94
  • Municipality: SHELBY COUNTY
  • Latitude: 35.0295
  • Longitude: -89.8116

    Address

  • Full Address: 4375 Old Forest Rd
  • Address - House Number: 4375
  • Address - Street Name: Old Forest
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Memphis
  • Carrier Code: R038
  • 4-Digit Zip Code: 3065
  • Zip Code: 38125

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $244,250

    Appraisal Valuation

  • Standard Deviation: 0.2015
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 389,475
  • High Value: 467,972
  • Low Value: 310,978

    Market Valuation

  • Market Total Value: $288,200
  • Market Land Value: $58,100
  • Market Improvement Value: $230,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $72,050
  • Assessed Land Value: $14,525
  • Assessed Improvements Value: $57,525

    Sales

  • Current Sale Contract Date: Jun 26, 2023
  • Current Sale Recording Date: Jul 10, 2023
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 56079
  • Previous Sale Recording Date: Jan 18, 2006
  • Previous Sale Contract Date: Dec 22, 2005
  • Previous Sale Amount: $223,800
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Richwood



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Frequently Asked Questions

What neighborhood is 4375 Old Forest Road located in?
The 4375 Old Forest Road is a house located in the neighborhood of Richwood in Richwood, Memphis.
What is the average sales price for listings in 4375 Old Forest Road?
The average sales price for units in 4375 Old Forest Road is $0 currently.