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508 Malboro Road

508 Malboro Road, Memphis, TN 38120
House in Shelby
Local assessors in Memphis, TN have categorized 508 Malboro Road as a type of property. The home was built in 1955 and is 71 years old. It was most recently renovated and altered in 1988. The property's lot size has been calculated to be 7,500 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 600 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a . Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 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 is one full bathroom. There is also a partial bathroom. This is a 100 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 508 Malboro Road has a total of 919 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. Do you like to entertain? The home has both a and a so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is . 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 - . The building has a style roof that was made of . Lots of were used in the construction of the exterior walls of the home. Residents rely on for their cooling system. The home's is the primary heating source and it is being fueled with . 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, 508 Malboro Road sold most recently in Oct 19, 2021 for a total of $168,800. If you work out the math, that's approximately a cost of $183.68 per sqft. Before that, the property was also sold for $75,000 in Mar 11, 2013. 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 $184,729 in taxes each year. 508 Malboro Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $30,325. If we break it down further, the land itself was valued at $5,900. Improvements to the property, however, were assessed at a total of $24,425. 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. 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.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.

Building Features

Driveway

Driveway

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20210915
09/15/2021
3 Bed
1 Bath
-
$165,000
bedrooms
3 Bed
bathrooms
1 Bath
-
-
Jolynna Morales
Groome & Co.


Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 3
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 12
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 600
  • Total Building Area: 919
  • Gross Building Area: 919
  • Building Area: 919
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 919
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MARY LOU HEIGHTS
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 062

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 009202

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 19-15
  • District: O
  • Parcel: 06-8069-0-0009
  • Lot: 75
  • Municipality: MEMPHIS
  • Latitude: 35.1449
  • Longitude: -89.879

    Address

  • Full Address: 508 Malboro Rd
  • Address - House Number: 508
  • Address - Street Name: Malboro
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Memphis
  • Carrier Code: C024
  • 4-Digit Zip Code: 1613
  • Zip Code: 38120

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $184,729

    Appraisal Valuation

  • Standard Deviation: 0.2483
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 65
  • Final Value: 194,295
  • High Value: 242,552
  • Low Value: 146,039

    Market Valuation

  • Market Total Value: $121,300
  • Market Land Value: $23,600
  • Market Improvement Value: $97,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $30,325
  • Assessed Land Value: $5,900
  • Assessed Improvements Value: $24,425

    Sales

  • Current Sale Contract Date: Oct 19, 2021
  • Current Sale Recording Date: Oct 27, 2021
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 21134288
  • Previous Sale Recording Date: Mar 19, 2013
  • Previous Sale Contract Date: Mar 11, 2013
  • Previous Sale Amount: $75,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Memphis



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Frequently Asked Questions

What neighborhood is 508 Malboro Road located in?
The 508 Malboro Road is a house located in the neighborhood of Shelby in Memphis, Memphis.
What is the average sales price for listings in 508 Malboro Road?
The average sales price for units in 508 Malboro Road is $0 currently.