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5150 Gill Road

5150 Gill Road, Memphis, TN 38109
Sold Jan 12, 2004
$72,900
$58,320 by First Franklin Financial Corp
Mortgage Due Jan 01, 2034
Sold May 19, 2000
$53,000
$45,750 by Wells Fargo Home Mtg Inc
Mortgage Due Jun 01, 2030
Local assessors in Memphis, TN have categorized 5150 Gill Road as a residential type of property. The home was built in 1963 and is 61 years old. The property's lot size has been calculated to be 11,815 square feet. The linear feet between the front and back of the lot was measured at 1,390 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 traditional 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 1 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 5150 Gill Road has a total of 2,667 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 a unknown so you'll have a great option in the back 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. The home's a forced air unit is the primary heating source and it is being fueled with gas. The property was last sold in Dec 31, 2003 for $72,900. That's $27.33 per sqft. Prior to that sales transaction, the property was also sold in May 5, 2000 for $53,000. 5150 Gill Road was last assessed in 2022. The total value of the property was assessed at $18,825. Specifically, the land the property is located on was valued at $2,375. While improvements on the property were assessed at a total of $16,450. 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 $1,147. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • 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: Traditional
  • 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
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,815
  • Lot Size Depth Feet: 1,390
  • Lot Size Frontage Feet: 850
  • Total Building Area: 2,667
  • Gross Building Area: 2,667
  • Building Area: 2,667
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,667
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HOLMES RD
  • Land Acres: 0.271
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : BOLDEN LATOYAUS
  • Previous Owner : ROSSER LOLITA ROBINSON
  • Owner Before Previous Owner: SEC OF HOUSING AND URBAN DEV
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 022700

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 07-6135-0-0033
  • Lot: 104
  • Municipality: MEMPHIS
  • Latitude: 35.0079
  • Longitude: -90.0521

    Address

  • Full Address: 5150 Gill Rd
  • Address - House Number: 5150
  • Address - Street Name: Gill
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Memphis
  • Carrier Code: C098
  • 4-Digit Zip Code: 7230
  • Zip Code: 38109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,147

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 400,068
  • High Value: 582,022
  • Low Value: 218,113

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $72,900
  • First Open Lien Mortgage Lender: FIRST FRANKLIN FINANCIAL CORP
  • First Open Lien Mortgage Recording Date: Jan 12, 2004
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $58,320
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2034
  • Second Open Lien Mortgage Recording Date: Jan 12, 2004
  • Second Open Lien Mortgage Loan Amount: $14,580
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Jan 01, 2034

    Market Valuation

  • Market Total Value: $75,300
  • Market Land Value: $9,500
  • Market Improvement Value: $65,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $18,825
  • Assessed Land Value: $2,375
  • Assessed Improvements Value: $16,450

    Sales

  • Current Sale Contract Date: Dec 31, 2003
  • Current Sale Recording Date: Jan 12, 2004
  • Current Sale Transaction ID: 1176376780
  • Current Sale Price: $72,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 04006821
  • Previous Sale Recording Date: May 19, 2000
  • Previous Sale Contract Date: May 05, 2000
  • Previous Sale Amount: $53,000
  • Previous Sale Document Type: Other

    Last Sale Mortgage

  • First Mortgage Lender: FIRST FRANKLIN FINANCIAL CORP
  • First Mortgage Transaction Date: Jan 12, 2004
  • First Mortgage Loan Amount: $58,320
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jan 01, 2034
  • Second Mortgage Loan Amount: $14,580

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO HOME MTG INC
  • Previous Mortgage Transaction Date: May 19, 2000
  • Previous Mortgage Loan Amount: $45,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 01, 2030

About Mc Kellar - Whitehaven-Levi PD



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Frequently Asked Questions

What neighborhood is 5150 Gill Road located in?
The 5150 Gill Road is a located in the neighborhood of Mc Kellar - Whitehaven-Levi PD in Mc Kellar - Whitehaven-Levi PD, Memphis.
What is the average sales price for listings in 5150 Gill Road?
The average sales price for units in 5150 Gill Road is $0 currently.

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