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96 Red Acres Place

96 Red Acres Place, Memphis, TN 38111
Property in Red Acres
Sold Jan 14, 2015
$450,000
$360,000 by Renasant Bank
Mortgage Due Feb 01, 2045
Sold Mar 10, 2014
$355,000
$255,000 by Renasant Bank
Mortgage Due Mar 01, 2044
96 Red Acres Place in Memphis, TN was first built in 1996 and is 28 years old. Although, the building on the property was most recently renovated and altered in 2010. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a traditional style. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 96 Red Acres Place has 3,441 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 590 ft and the linear feet between the front and back of the lot is 900. In total, the area measurement of the land is 7,019 square feet.

Learn more about the property and building on this page. There is a unknown. The home has a gable style roof made of composition shingle. For those who need parking, there is a attached garage. The garage is 440 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 B. The condition of the building has been evaluated as average. 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. The property was last sold in Jan 8, 2015 for $450,000. That's $115.95 per sqft. Prior to that sales transaction, the property was also sold in Feb 27, 2014 for $355,000. 96 Red Acres Place was last assessed in 2022. The total value of the property was assessed at $140,825. Specifically, the land the property is located on was valued at $25,500. While improvements on the property were assessed at a total of $115,325. 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 $8,579. 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: 1996
  • Effective Year Built: 2010
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: Average
  • Building Quality: B
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,019
  • Lot Size Depth Feet: 900
  • Lot Size Frontage Feet: 590
  • Total Building Area: 3,881
  • Gross Building Area: 3,881
  • Building Area: 3,441
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,441
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GALLOWAY PLACE P D
  • Land Acres: 0.161
  • Standard Land Use Code: Planned unit development (pud residential)
  • Legal Description 1: N END RED ACRES PLACE SEE MAP 140E

Ownership

  • Current Owner : LIGON ERNEST
  • Current Owner 2: BUGG EARL HALSTEAD
  • Previous Owner : HANEY JOHN J
  • Owner Before Previous Owner: MATHIS CHARLES H
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Right of Survivorship

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 002900

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 290-021
  • District: O
  • Parcel: 04-4059-A0-0004
  • Lot: 4
  • Municipality: MEMPHIS
  • Latitude: 35.1294
  • Longitude: -89.9446

    Address

  • Full Address: 96 Red Acres Pl
  • Address - House Number: 96
  • Address - Street Name: Red Acres
  • Address - Suffix Type: Pl
  • State: TN
  • City Name: Memphis
  • Carrier Code: C065
  • 4-Digit Zip Code: 6821
  • Zip Code: 38111

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,579

    Appraisal Valuation

  • Standard Deviation: 0.2385
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 654,185
  • High Value: 810,252
  • Low Value: 498,118

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $360,000
  • First Open Lien Mortgage Lender: RENASANT BANK
  • First Open Lien Mortgage Recording Date: Jan 14, 2015
  • First Open Lien Mortgage Loan Amount: $360,000
  • 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: Feb 01, 2045

    Market Valuation

  • Market Total Value: $563,300
  • Market Land Value: $102,000
  • Market Improvement Value: $461,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $140,825
  • Assessed Land Value: $25,500
  • Assessed Improvements Value: $115,325

    Sales

  • Current Sale Contract Date: Jan 08, 2015
  • Current Sale Recording Date: Jan 14, 2015
  • Current Sale Transaction ID: 1176741082
  • Current Sale Price: $450,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 15003958
  • Previous Sale Recording Date: Mar 10, 2014
  • Previous Sale Contract Date: Feb 27, 2014
  • Previous Sale Amount: $355,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: RENASANT BANK
  • First Mortgage Transaction Date: Jan 14, 2015
  • First Mortgage Loan Amount: $360,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2045

    Previous Mortgages

  • Previous Mortgage Lender: RENASANT BANK
  • Previous Mortgage Transaction Date: Mar 10, 2014
  • Previous Mortgage Loan Amount: $255,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2044

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Frequently Asked Questions

What neighborhood is 96 Red Acres Place located in?
The 96 Red Acres Place is a located in the neighborhood of Red Acres in Jackson - University Area, Memphis.
What is the average sales price for listings in 96 Red Acres Place?
The average sales price for units in 96 Red Acres Place is $0 currently.

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