See Home Value
$61,647*
House - Off Market

761 GRACEWOOD

Memphis, TN 38112
bedrooms
2 Beds
bathrooms
1 Bath
$50,000 - $60,000
Reference Base Price*
4.49%
Since Mar 1, 2023
National-US
Primary Model
Sold Feb 15, 2023
$59,000
Sold Jun 02, 2022
$14,000

About This Property

Cute 2 bedroom 1 bath home that will make a terrific investment property!  Home needs some work but seller has recently replaced some floor joists, added new cabinets in the kitchen, backsplash, sink & gas stove.  Cash only,  "AS-IS" no repairs will be made.  No blind offers or wholesale assignments.
Unit Size
-
Days on Market
-
Land Size
0.16 acres
Price per sqft
-
Property Type
House
Property Taxes
$31
HOA Dues
-
Year Built
1945

Price History

Date / Event Date Event Price
Feb 15, 2023 No longer available -
No longer available
Feb 15, 2023 Sold $59,000
Sold
Jan 9, 2023 In contract -
In contract
Jan 3, 2023 Listed $59,000
Listed
Jun 2, 2022 Sold to Sidney F Johnson $14,000
Sold to Sidney F Johnson

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Cottage
  • Exterior Walls Type: Asbestos shingle
  • 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: 7,250
  • Lot Size Depth Feet: 1,450
  • Lot Size Frontage Feet: 500
  • Total Building Area: 870
  • Gross Building Area: 870
  • Building Area: 870
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 870
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUNNYSIDE
  • Land Acres: 0.166
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : TAYLOR REVOCABLE TRUST
  • Previous Owner : JOHNSON SIDNEY F
  • Owner Before Previous Owner: PERSONAL HOLDINGS LLC
  • Ownership Rights Codes: Revocable Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 001400

Zoning

  • Zoning: RU-1

Geography

  • District: O
  • Parcel: 05-2092-0-0002
  • Lot: 16
  • Municipality: MEMPHIS
  • Latitude: 35.1531
  • Longitude: -89.9597

    Address

  • Full Address: 761 Gracewood St
  • Address - House Number: 761
  • Address - Street Name: Gracewood
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C071
  • 4-Digit Zip Code: 2005
  • Zip Code: 38112

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $373
  • Intital Tax Deliquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 382,424
  • High Value: 556,353
  • Low Value: 208,494

    Market Valuation

  • Market Total Value: $24,500
  • Market Land Value: $4,500
  • Market Improvement Value: $20,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $6,125
  • Assessed Land Value: $1,125
  • Assessed Improvements Value: $5,000

    Sales

  • Current Sale Contract Date: Feb 14, 2023
  • Current Sale Recording Date: Feb 15, 2023
  • Current Sale Transaction ID: 11902111259
  • Current Sale Price: $59,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 12806
  • Previous Sale Recording Date: Jun 02, 2022
  • Previous Sale Contract Date: May 25, 2022
  • Previous Sale Amount: $14,000
  • Previous Sale Document Type: Quit Claim Deed



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
1 Bath
-
$64,900 May 5, 2022
-
$19/mo

About Jackson - University Area


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Frequently Asked Questions

When was property at 761 Gracewood Street built and last sold?
The property at 761 Gracewood Street was built in 1945 and last sold on Feb 14, 2023 for $59,000.
How much is this home worth?
The estimated value of the home located at 761 Gracewood Street is $59,590.
What are some comparable homes to 761 Gracewood Street?
Homes that are comparable to 761 Gracewood Street include a house property at 742 North Bingham Street, located in Memphis, TN.

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