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488 East Racquet Club Place

488 East Racquet Club Place, Memphis, TN 38117
House in Shelby
1 Units For Sale
Unit for sale at 488 E RACQUET CLUB, Memphis, TN 38117

$439,000

  • 2 Beds
  • 2.5 Baths
488 E RACQUET CLUB #488, Memphis, TN 38117 Listing by Hugh Mallory

488 East Racquet Club Place 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 1984 and is 40 years old. However, we must point out that the home was most recently renovated and altered in 2000. The home has a total of 6 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 488 East Racquet Club Place has 2,390 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 1,350 ft and across the front of the lot is 280 ft. The area measurement of the land has been determined as 2,604 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse 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 attached garage for those who require parking. The garage measured 506 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. 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 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. The property was last sold in Feb 7, 2023 for $399,000. That's $137.78 per sqft. Prior to that sales transaction, the property was also sold in Jul 29, 2020 for $370,000. 488 East Racquet Club Place was last assessed in 2022. The total value of the property was assessed at $92,125. Specifically, the land the property is located on was valued at $15,625. While improvements on the property were assessed at a total of $76,500. 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 $5,612. The initial tax year of delinquency was in 2019. 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.

Building Features

Parking

Garage Parking
Attached Garage
Gated Parking
Guest Parking
Open Parking
Parking Lot
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200713
07/13/2020
2 Bed
2.5 Bath
-
$360,000
bedrooms
2 Bed
bathrooms
2.5 Bath
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Townhouse
  • Exterior Walls Type: Brick veneer
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 506
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,604
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 280
  • Total Building Area: 2,896
  • Gross Building Area: 2,896
  • Building Area: 2,390
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,390
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RACQUET CLUB PLAZA
  • Land Acres: 0.06
  • Standard Land Use Code: Planned unit development (pud residential)
  • Legal Description 1: SEE MAP GRID# 154 D ES E RACQUET CLUB PLACE PD

Ownership

  • Current Owner : BRYANT FAMILY PROPERTIES LP
  • Previous Owner : BLUE STAR RANCH LLC
  • Owner Before Previous Owner: DOAN HENRY C
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 009600

Zoning

  • Zoning: R-10

Geography

  • Assessors Map Reference: MB 235-036
  • District: O
  • Parcel: 05-6033-B0-0009
  • Lot: 9
  • Municipality: MEMPHIS
  • Latitude: 35.1178
  • Longitude: -89.8882

    Address

  • Full Address: 488 E Racquet Club Pl
  • Address - House Number: 488
  • Street Direction: E
  • Address - Street Name: Racquet Club
  • Address - Suffix Type: Pl
  • State: TN
  • City Name: Memphis
  • Carrier Code: C010
  • 4-Digit Zip Code: 4523
  • Zip Code: 38117

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,612
  • Intital Tax Deliquent Year: 2019

    Appraisal Valuation

  • Standard Deviation: 0.2343
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 420,329
  • High Value: 518,837
  • Low Value: 321,820

    Market Valuation

  • Market Total Value: $368,500
  • Market Land Value: $62,500
  • Market Improvement Value: $306,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $92,125
  • Assessed Land Value: $15,625
  • Assessed Improvements Value: $76,500

    Sales

  • Current Sale Contract Date: Feb 07, 2023
  • Current Sale Recording Date: Feb 09, 2023
  • Current Sale Transaction ID: 11901899368
  • Current Sale Price: $399,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 10947
  • Previous Sale Recording Date: Aug 03, 2020
  • Previous Sale Contract Date: Jul 29, 2020
  • Previous Sale Amount: $370,000
  • Previous Sale Document Type: Warranty Deed

About Memphis



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Frequently Asked Questions

What neighborhood is 488 East Racquet Club Place located in?
The 488 East Racquet Club Place is a house located in the neighborhood of Shelby in Memphis, Memphis.
How many listings are currently for sale in 488 East Racquet Club Place?
There is a listing currently on the market for sale.
What is the average sales price for listings in 488 East Racquet Club Place?
The average sales price for units in 488 East Racquet Club Place is $439,000 currently.

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