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45 South Rose Road

45 South Rose Road, Memphis, TN 38117
House in Red Acres
Sold Oct 18, 2023
$1,150,000
$920,000 by Simmons Bank
Mortgage Due Aug 05, 2053
Sold Aug 10, 2023
$1,150,000
$920,000 by Simmons Bank
Mortgage Due Aug 05, 2053
45 South Rose Road 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 1954 and is 70 years old. However, we must point out that the home was most recently renovated and altered in 1984. The home has a total of 10 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 1 stories. In addition, 45 South Rose Road has 5,592 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 1,850 ft and across the front of the lot is 3,060 ft. The area measurement of the land has been determined as 34,984 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. For the features and amenities located on the property. There is a carport for those who require parking. The garage measured 598 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. 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 frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of a combination of material. 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. The property was last sold in Jul 24, 2023 for $1,150,000. That's $205.65 per sqft. Prior to that sales transaction, the property was also sold in Jul 24, 2023 for $1,150,000. 45 South Rose Road was last assessed in 2022. The total value of the property was assessed at $186,750. Specifically, the land the property is located on was valued at $81,800. While improvements on the property were assessed at a total of $104,950. 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 $11,376. 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. 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.

Building Features

Parking

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

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Traditional
  • Exterior Walls Type: Combination
  • 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: 598
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 34,984
  • Lot Size Depth Feet: 1,850
  • Lot Size Frontage Feet: 3,060
  • Total Building Area: 5,592
  • Gross Building Area: 6,024
  • Building Area: 5,592
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 5,592
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RED ACRES
  • Land Acres: 0.803
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NW SIDE NORTH GALLOWAY DR COR ROSE RD

Ownership

  • Current Owner : LANDISCH RACHEL M
  • Current Owner 2: WEBB TRAVIS P
  • Previous Owner : SEBASCO ROBIN PAUL
  • Previous Owner 2: YVONNDIA MARIE
  • Owner Before Previous Owner: SEBASCO ROBIN PAUL
  • Owner Before Previous Owner 2: YVONNDIA MARIE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

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

Zoning

  • Zoning: R-10

Geography

  • Assessors Map Reference: MB 8-76
  • District: O
  • Parcel: 04-4116-0-0007
  • Lot: PT55
  • Municipality: MEMPHIS
  • Latitude: 35.1306
  • Longitude: -89.9273

    Address

  • Full Address: 45 S Rose Rd
  • Address - House Number: 45
  • Street Direction: S
  • Address - Street Name: Rose
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Memphis
  • Carrier Code: C001
  • 4-Digit Zip Code: 2901
  • Zip Code: 38117

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,376

    Appraisal Valuation

  • Standard Deviation: 0.2018
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 951,470
  • High Value: 1,143,478
  • Low Value: 759,462

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $920,000
  • First Open Lien Mortgage Lender: SIMMONS BANK
  • First Open Lien Mortgage Recording Date: Aug 10, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $920,000
  • 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: Aug 05, 2053

    Market Valuation

  • Market Total Value: $747,000
  • Market Land Value: $327,200
  • Market Improvement Value: $419,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $186,750
  • Assessed Land Value: $81,800
  • Assessed Improvements Value: $104,950

    Sales

  • Current Sale Contract Date: Jul 24, 2023
  • Current Sale Recording Date: Oct 18, 2023
  • Current Sale Transaction ID: 11914680444
  • Current Sale Price: $1,150,000
  • Current Sale Document Type: Re-recorded Document
  • Current Sale Input Document Number: 89893
  • Previous Sale Recording Date: Aug 10, 2023
  • Previous Sale Contract Date: Jul 24, 2023
  • Previous Sale Amount: $1,150,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: SIMMONS BANK
  • Previous Mortgage Transaction Date: Aug 10, 2023
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $920,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 05, 2053

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Frequently Asked Questions

What neighborhood is 45 South Rose Road located in?
The 45 South Rose Road is a house located in the neighborhood of Red Acres in Jackson - University Area, Memphis.
What is the average sales price for listings in 45 South Rose Road?
The average sales price for units in 45 South Rose Road is $0 currently.

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