NOT LISTED FOR SALE

1173 Railton Rd Memphis, TN 38111

Orange Mound Neighborhood

Estimated Value: $120,000 - $189,000

2 Beds
1.5 Baths
2,264 Sq Ft
$73/Sq Ft Est. Value

Last Sold April 14, 2014

Last sale price $15,000 $7 Per Sq Ft

Est. 995% increase in value since last sale

Current estimated payment $961/month

Highlights

  • Separate Formal Living Room
  • Eat-In Kitchen
  • Landscaped
  • Corner Lot
  • Laundry Room
  • 4-minute walk to Sherwood Park

About This Home

As of August 2019

This home is located at 1173 Railton Rd, Memphis, TN 38111 since 05 August 2019 and is currently priced at $164,199. This property was built in 1970. 1173 Railton Rd is a home located in Shelby County with nearby schools including Cherokee Elementary School, Sherwood Middle, and Melrose High School.

Last Agent to Rent the Property

Cheryl Muhammad

Assured Real Estate Services License #274007 Listed on: 08/05/2019

Co-Listed By

Sherita McCray

Assured Real Estate Services License #310059

Last Renter's Agent

Sherita McCray

Assured Real Estate Services License #310059

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $799

Year Built

  • Built in 1970

Lot Details

  • 6,534 Sq Ft Lot
  • Landscaped

Home Design

  • Twin Home
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,264 Sq Ft Home
  • 2-Story Property
  • Separate Formal Living Room
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Flooring

  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

Utilities

  • Central Heating and Cooling System

Community Details

  • Barron Grove Subdivision
  • Storm Doors

Listing and Financial Details

  • Assessor Parcel Number 059087 00060

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$799

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Rental Properties
  • Type: Rental
  • Style Code Use: Twnhouse (2-3 flrs) Condo
  • MLS Map #: 757D
  • MAAR Subdivision Name: BARRON GROVE
  • Number Of Stories: 2
  • Price Per Sq Ft: 0.27
  • Estimated Sq Ft: 2264
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Kitchen, 1/2 Bath
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Up, 1 or More BR Down
  • Bedrooms: 2
  • Floors/Ceilings: Part Carpet, Vinyl Floor
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Equipment: Range/Oven
  • Living Dining Kitchen: Separate Living Room, Eat-In Kitchen, Washer/Dryer Connections
  • Misc Interior: Pull Down Attic Stairs
  • Other Rooms: Laundry Room
  • Total Bathrooms: 1.1

Exterior Features

  • Exterior Windows: Brick Veneer, Storm Door(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Corner, Landscaped
  • Lot Number: 8
  • Acreage: 0.15
  • Lot Size: .15
  • Price Per Acre: 4000

Multi Family

  • Number Of Rooms: 4

Tax Info

  • Assessor Parcel Number: 059087 00060

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2013
Closed on
Apr 15, 2014
Sold by
Fenner Lucille and Fenner William
Bought by
Arion Investments Llc
Seller's Agent
Cheryl Muhammad
Assured Real Estate Services
Buyer's Agent
Cheryl Muhammad
Assured Real Estate Services
List Price
$31,500
Sold Price
$15,000
Premium/Discount to List
-$16,500
-52.38%
Current Estimated Value
$164,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,199
Avg. Annual Appreciation
23.76%
Original Mortgage
$15,000
Interest Rate
4.43%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Arion Investments Llc $15,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arion Investments Llc $98,400
Closed Arion Investments Llc $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2019 08/16/19 Rented $600 0.0% --
08/05/2019 08/05/19 For Rent $600 +9.1% --
07/14/2018 07/14/18 Rented $550 0.0% --
06/21/2018 06/21/18 Price Changed $550 -15.4% $0 / Sq Ft
06/21/2018 06/21/18 For Rent $650 +18.2% --
11/04/2016 11/04/16 Rented $550 -15.4% --
11/03/2016 11/03/16 Under Contract -- -- --
09/01/2016 09/01/16 For Rent $650 +8.3% --
11/23/2015 11/23/15 Rented $600 -7.7% --
11/20/2015 11/20/15 Under Contract -- -- --
08/18/2015 08/18/15 For Rent $650 0.0% --
04/14/2014 04/14/14 Sold $15,000 -52.4% $7 / Sq Ft
02/28/2014 02/28/14 Pending -- -- --
10/30/2013 10/30/13 For Sale $31,500 -- $14 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $799 $39,600 $3,920 $35,680
2024 $799 $23,560 $1,600 $21,960
2023 $1,435 $23,560 $1,600 $21,960
2022 $1,435 $23,560 $1,600 $21,960
2021 $1,452 $23,560 $1,600 $21,960
2020 $1,591 $21,960 $1,600 $20,360
2019 $1,591 $21,960 $1,600 $20,360
2018 $1,591 $21,960 $1,600 $20,360
2017 $903 $21,960 $1,600 $20,360
2016 $1,274 $29,160 $0 $0
2014 $1,274 $29,160 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cheryl Muhammad

    Landlord's Agent in 2019

    Cheryl Muhammad

    Assured Real Estate Services

    (901) 406-9885

    43 Total Sales

    Cheryl Muhammad
    Section Image
  • Sherita McCray

    Landlord's Co-Listing Agent in 2019

    Sherita McCray

    Assured Real Estate Services

    (901) 503-7276

    7 in this area

    89 Total Sales

    Sherita McCray
    Section Image
  • Sheena Sims

    Buyer Co-Listing Agent in 2014

    Sheena Sims

    Keller Williams

    (901) 674-7799

    5 Total Sales

    Sheena Sims
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10059024

Memphis Area Association of REALTORS®

APN: 05-9087-0-0060

Tennessee Shelby County Memphis 38111 Orange Mound

1173 Railton Rd, Memphis, TN

This home is located at 1173 Railton Rd, Memphis, TN 38111 since 05 August 2019 and is currently priced at $164,199. This property was built in 1970. 1173 Railton Rd is a home located in Shelby County with nearby schools including Cherokee Elementary School, Sherwood Middle, and Melrose High School.

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