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4975 American Way

4975 American Way, Memphis, TN 38118
This has been categorized as a property type. The linear feet across the front of the lot is 3,260 ft and the linear feet between the front and back of the lot is 1,735. In total, the area measurement of the land is 56,628 square feet.

Learn more about the property and building on this page. 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, 4975 American Way sold most recently in Aug 26, 2022 for a total of $55,000. Before that, the property was also sold for $50,000 in May 25, 2016. 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 $482,945 in taxes each year. 4975 American Way was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $79,280. If we break it down further, the land itself was valued at $79,280. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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
20211202
12/02/2021
Loft
-
-
$70,000
bedrooms
Loft
bathrooms
-
-
-
Al Jennings
AJ Associates


Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 56,628
  • Lot Size Depth Feet: 1,735
  • Lot Size Frontage Feet: 3,260
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: JOHNS CREEK PD PHASE 2
  • Land Acres: 0000001300
  • Standard Land Use Code: 8000
  • County Land Use Code: 000
  • Legal Description 1: SS AMERICAN WAY

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 022600

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 144-41
  • District: O
  • Parcel: 07-4001-0-0214
  • Lot: 2
  • Municipality: MEMPHIS
  • Latitude: 35.0749
  • Longitude: -89.8972

    Address

  • Full Address: 4975 American Way
  • Address - House Number: 4975
  • Address - Street Name: American
  • Address - Suffix Type: Way
  • State: TN
  • City Name: Memphis
  • Carrier Code: C073
  • 4-Digit Zip Code: 2551
  • Zip Code: 38118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $482,945

    Market Valuation

  • Market Total Value: $198,200
  • Market Land Value: $198,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $79,280
  • Assessed Land Value: $79,280

    Sales

  • Current Sale Contract Date: Aug 26, 2022
  • Current Sale Recording Date: Sep 01, 2022
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 98053
  • Previous Sale Recording Date: May 27, 2016
  • Previous Sale Contract Date: May 25, 2016
  • Previous Sale Amount: $50,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Southeast Memphis



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Frequently Asked Questions

What neighborhood is 4975 American Way located in?
The 4975 American Way is a land located in the neighborhood of Southeast Memphis in Southeast Memphis, Memphis.
What is the average sales price for listings in 4975 American Way?
The average sales price for units in 4975 American Way is $0 currently.