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4552 Gailwood Avenue

4552 Gailwood Avenue, Memphis, TN 38122
Property in Shelby
Sold Sep 27, 2017
$64,000
$51,200 by Evolve Bank & Trust
Mortgage Due Oct 01, 2047
Sold Aug 13, 2007
$78,000
$58,500 by First Guaranty Mortgage Corp
Mortgage Due Aug 01, 2037
4552 Gailwood Avenue in Memphis, TN was first built in 1961 and is 63 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. 4552 Gailwood Avenue has 1,086 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 560 ft and the linear feet between the front and back of the lot is 1,340. In total, the area measurement of the land is 8,356 square feet.

Learn more about the property and building on this page. There is a unknown and 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 209 sqft. There is one available parking space. 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. 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, 4552 Gailwood Avenue was last sold in Sep 21, 2017 for $64,000. According to our calculations, that's $58.93 per sqft. Prior to that sales transaction, the property was sold for $78,000 in Jul 31, 2007. Current property owners are expected to pay $1,179 in taxes per year. The property on 4552 Gailwood Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $19,350. To break that down further, the land itself was valued at $3,000. While improvements to the property were assessed at a total of $16,350. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • 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: 209
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,356
  • Lot Size Depth Feet: 1,340
  • Lot Size Frontage Feet: 560
  • Total Building Area: 1,086
  • Gross Building Area: 1,086
  • Building Area: 1,086
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,086
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STRATFORD HEIGHTS
  • Land Acres: 0.192
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MONTANO JAIME D
  • Current Owner 2: MONTANO MARGARET E
  • Previous Owner : RAFELGHEM DOMINIQUE R VAN
  • Previous Owner 2: JOHN ROSALIND P
  • Owner Before Previous Owner: ALLEN BOBBY

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 009100

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 05-3124-0-0020
  • Lot: 42
  • Municipality: MEMPHIS
  • Latitude: 35.1655
  • Longitude: -89.9088

    Address

  • Full Address: 4552 Gailwood Ave
  • Address - House Number: 4552
  • Address - Street Name: Gailwood
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C062
  • 4-Digit Zip Code: 1718
  • Zip Code: 38122

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,179

    Appraisal Valuation

  • Standard Deviation: 0.2645
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 62
  • Final Value: 128,413
  • High Value: 162,381
  • Low Value: 94,445

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $51,200
  • First Open Lien Mortgage Lender: EVOLVE BANK & TRUST
  • First Open Lien Mortgage Recording Date: Sep 27, 2017
  • First Open Lien Mortgage Loan Amount: $51,200
  • 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, 2047

    Market Valuation

  • Market Total Value: $77,400
  • Market Land Value: $12,000
  • Market Improvement Value: $65,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $19,350
  • Assessed Land Value: $3,000
  • Assessed Improvements Value: $16,350

    Sales

  • Current Sale Contract Date: Sep 21, 2017
  • Current Sale Recording Date: Sep 27, 2017
  • Current Sale Transaction ID: 1736606630
  • Current Sale Price: $64,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 17099522
  • Previous Sale Recording Date: Aug 13, 2007
  • Previous Sale Contract Date: Jul 31, 2007
  • Previous Sale Amount: $78,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EVOLVE BANK & TRUST
  • First Mortgage Transaction Date: Sep 27, 2017
  • First Mortgage Loan Amount: $51,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: FIRST GUARANTY MORTGAGE CORP
  • Previous Mortgage Transaction Date: Aug 13, 2007
  • Previous Mortgage Loan Amount: $58,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Aug 01, 2037

About Memphis



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Frequently Asked Questions

What neighborhood is 4552 Gailwood Avenue located in?
The 4552 Gailwood Avenue is a located in the neighborhood of Shelby in Memphis, Memphis.
What is the average sales price for listings in 4552 Gailwood Avenue?
The average sales price for units in 4552 Gailwood Avenue is $0 currently.

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