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498 East Racquet Club Place

498 East Racquet Club Place, Memphis, TN 38117
Townhouse in Shelby
498 East Racquet Club Place in Memphis, TN was first built in 1984 and is 40 years old. Although, the building on the property was most recently renovated and altered in 1998. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a townhouse style. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 498 East Racquet Club Place has 2,346 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 240 ft and the linear feet between the front and back of the lot is 1,350. In total, the area measurement of the land is 2,824 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. For those who need parking, there is a attached garage. The garage is 483 sqft. There are a total of 2 available parking spaces. 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 good. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 498 East Racquet Club Place was last sold in Oct 29, 2020 for $345,000. According to our calculations, that's $121.95 per sqft. Prior to that sales transaction, the property was sold for $234,000 in Jan 20, 2017. Current property owners are expected to pay $5,208 in taxes per year. The property on 498 East Racquet Club Place was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $85,500. To break that down further, the land itself was valued at $15,625. While improvements to the property were assessed at a total of $69,875. 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 you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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

Garage Parking
Gated Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200920 Unit 498
09/20/2020
498
2 Bed
2.5 Bath
-
$345,000
bedrooms
2 Bed
bathrooms
2.5 Bath
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Good
  • 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: 483
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,824
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 240
  • Total Building Area: 2,829
  • Gross Building Area: 2,829
  • Building Area: 2,346
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,346
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RACQUET CLUB PLAZA
  • Land Acres: 0.065
  • Standard Land Use Code: Planned unit development (pud residential)
  • Legal Description 1: ES E RACQUET CLUB PLACE PD 54 N OF SANDERLIN AVE SEE MAP GRID# 154 D

Ownership

  • Current Owner : ROBISON EVAN M
  • Current Owner 2: ROBISON LESLIE
  • Previous Owner : LIGHTMAN JAMES A
  • Owner Before Previous Owner: LAUGHLIN MARY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Right of Survivorship

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-B0-0006
  • Lot: 6
  • Municipality: MEMPHIS
  • Latitude: 35.1175
  • Longitude: -89.8882

    Address

  • Full Address: 498 E Racquet Club Pl
  • Address - House Number: 498
  • 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: $5,208

    Appraisal Valuation

  • Standard Deviation: 0.2281
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 68
  • Final Value: 429,103
  • High Value: 527,002
  • Low Value: 331,205

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $276,000
  • First Open Lien Mortgage Lender: FINANCIAL FEDERAL BANK
  • First Open Lien Mortgage Recording Date: Nov 03, 2020
  • First Open Lien Mortgage Loan Amount: $276,000
  • 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: Nov 01, 2050

    Market Valuation

  • Market Total Value: $342,000
  • Market Land Value: $62,500
  • Market Improvement Value: $279,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $85,500
  • Assessed Land Value: $15,625
  • Assessed Improvements Value: $69,875

    Sales

  • Current Sale Contract Date: Oct 29, 2020
  • Current Sale Recording Date: Nov 03, 2020
  • Current Sale Transaction ID: 11795968689
  • Current Sale Price: $345,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20121604
  • Previous Sale Recording Date: Jan 25, 2017
  • Previous Sale Contract Date: Jan 20, 2017
  • Previous Sale Amount: $234,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FINANCIAL FEDERAL BANK
  • First Mortgage Transaction Date: Nov 03, 2020
  • First Mortgage Loan Amount: $276,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: IBERIABANK
  • Previous Mortgage Transaction Date: Jan 25, 2017
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $222,300
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Feb 01, 2047

About Memphis



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Nearby Rentals

Unit for rent at

$1,650 /mo

  • 3 Beds
  • 1 Bath
Listing by Frank Pereira
Unit for rent at

$1,650 /mo

  • 3 Beds
  • 1.5 Baths
  • 1,100 ft²
Listing by Manager
Unit for rent at

$1,445 /mo

  • 3 Beds
  • 1 Bath
  • 1,073 ft²
Listing by Manager
Unit for rent at

$1,425 /mo

  • 3 Beds
  • 1 Bath
  • 1,324 ft²
Listing by Manager
Unit for rent at

$1,695 /mo

  • 3 Beds
  • 2 Baths
  • 1,494 ft²
Listing by Manager
Unit for rent at

$1,525 /mo

  • 3 Beds
  • 1.5 Baths
  • 1,285 ft²
Listing by Manager
Unit for rent at

$1,595 /mo

  • 3 Beds
  • 2 Baths
  • 1,104 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 498 East Racquet Club Place located in?
The 498 East Racquet Club Place is a townhouse located in the neighborhood of Shelby in Memphis, Memphis.
What is the average sales price for listings in 498 East Racquet Club Place?
The average sales price for units in 498 East Racquet Club Place is $0 currently.

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