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4894 Helene Road

4894 Helene Road, Memphis, TN 38117
Sold Sep 08, 2022
$215,000
$211,105 by Great Western Financial Servic
Mortgage Due Sep 01, 2052
Sold Oct 16, 2020
$170,000
Seller
$161,500 by Iberiabank
Mortgage Due Nov 01, 2050
Local assessors in Memphis, TN have categorized 4894 Helene Road as a residential type of property. The home was built in 1955 and is 69 years old. It was most recently renovated and altered in 1987. The property's lot size has been calculated to be 9,215 square feet. The linear feet between the front and back of the lot was measured at 1,100 ft and the front of the lot was measured at 850 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 4894 Helene Road has a total of 1,092 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. The garage on the property is 209 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a gable style roof that was made of composition shingle. Lots of brick veneer were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is 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, 4894 Helene Road was last sold in Aug 30, 2022 for $215,000. According to our calculations, that's $196.89 per sqft. Prior to that sales transaction, the property was sold for $170,000 in Oct 15, 2020. Current property owners are expected to pay $2,319 in taxes per year. The property on 4894 Helene Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $38,075. To break that down further, the land itself was valued at $5,225. While improvements to the property were assessed at a total of $32,850. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

Building Features

Parking

Carport

Driveway

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

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Ranch/Rambler
  • 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: 9,215
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 850
  • Total Building Area: 1,092
  • Gross Building Area: 1,092
  • Building Area: 1,092
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,092
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COLONIAL VILLAGE B
  • Land Acres: 0.212
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : PENNINGTON JACOB
  • Previous Owner : HUNTER GROVES
  • Owner Before Previous Owner: JONES ERIC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 009400

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 19-22
  • District: O
  • Parcel: 06-6079-0-0020
  • Lot: 152
  • Municipality: MEMPHIS
  • Latitude: 35.0884
  • Longitude: -89.899

    Address

  • Full Address: 4894 Helene Rd
  • Address - House Number: 4894
  • Address - Street Name: Helene
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Memphis
  • Carrier Code: C043
  • 4-Digit Zip Code: 6736
  • Zip Code: 38117

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,319

    Appraisal Valuation

  • Standard Deviation: 0.2514
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 225,320
  • High Value: 281,972
  • Low Value: 168,667

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $211,105
  • First Open Lien Mortgage Lender: GREAT WESTERN FINANCIAL SERVIC
  • First Open Lien Mortgage Recording Date: Sep 08, 2022
  • First Open Lien Mortgage Loan Amount: $211,105
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2052

    Market Valuation

  • Market Total Value: $152,300
  • Market Land Value: $20,900
  • Market Improvement Value: $131,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $38,075
  • Assessed Land Value: $5,225
  • Assessed Improvements Value: $32,850

    Sales

  • Current Sale Contract Date: Aug 30, 2022
  • Current Sale Recording Date: Sep 08, 2022
  • Current Sale Transaction ID: 11895918874
  • Current Sale Price: $215,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 100281
  • Previous Sale Recording Date: Oct 16, 2020
  • Previous Sale Contract Date: Oct 15, 2020
  • Previous Sale Amount: $170,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GREAT WESTERN FINANCIAL SERVIC
  • First Mortgage Transaction Date: Sep 08, 2022
  • First Mortgage Loan Amount: $211,105
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: IBERIABANK
  • Previous Mortgage Transaction Date: Oct 16, 2020
  • Previous Mortgage Loan Amount: $161,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2050

About Colonial Acres



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Nearby Rentals

Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath

Frequently Asked Questions

What neighborhood is 4894 Helene Road located in?
The 4894 Helene Road is a house located in the neighborhood of Colonial Acres in Colonial Acres, Memphis.
What is the average sales price for listings in 4894 Helene Road?
The average sales price for units in 4894 Helene Road is $165,000 currently.

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