NOT LISTED FOR SALE

1262 Railton Rd Memphis, TN 38111

Orange Mound Neighborhood

Estimated Value: $82,000 - $99,000

2 Beds
1 Bath
893 Sq Ft
$98/Sq Ft Est. Value

Last Sold August 09, 2021

Last sale price $70,000 $78 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $506/month

Highlights

  • Traditional Architecture
  • Attic
  • 1 Car Detached Garage
  • Wood Flooring
  • Separate Formal Living Room
  • Porch

About This Home

As of August 2021

Nice two bedroom and one bathroom home in the Cherokee subdivision with a large backyard.

Last Agent to Sell the Property

Esther Guy

BenchMark REALTORS, LLC License #296743 Listed on: 07/15/2021

Co-Listed By

Casey Lipford

BenchMark REALTORS, LLC License #56116

Last Buyer's Agent

Mario Jaramillo

REMAX Experts License #357389

REMAX Experts

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $336

Year Built

  • Built in 1950

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 75x180
  • Chain Link Fence
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 893 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Separate Formal Living Room
  • Dining Room
  • Iron Doors
  • Washer and Dryer Hookup
  • Attic

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Detached Garage
  • Driveway

Outdoor Features

  • Porch

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • Chambers Prescott Subdivision

Listing and Financial Details

  • Assessor Parcel Number 059090 00012

Home Details

Home Type

Single Family

Est. Annual Taxes

$336

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 757F
  • MAAR Subdivision Name: CHEROKEE
  • List Price Per Sq Ft: 77
  • Number Of Stories: 1
  • Price Per Sq Ft: 78.39
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 893
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 0-999
  • Bedroom 2 Description: Level 1, Hardwood Floor
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Hardwood, Vinyl Floor
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Washer/Dryer Connections
  • Misc Interior: All Window Treatments
  • Other Rooms: Attic
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Level 1, Hardwood Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Porch, Chain Fence
  • Exterior Windows: Brick Veneer
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 1
  • Parking Display: G1D
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Gas Water Heater

Lot Info

  • Lot Description: Some Trees, Chain Fenced
  • Lot Number: 22
  • Acreage: 0.3
  • Lot Size: 75X180
  • Price Per Acre: 228333

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 059090 00012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2021
Closed on
Aug 6, 2021
Sold by
Williams Gladys
Bought by
Ithaka Holdings Llc
Seller's Agent
Esther Guy
BenchMark REALTORS, LLC
Buyer's Agent
Mario Jaramillo
REMAX Experts
List Price
$68,500
Sold Price
$70,000
Premium/Discount to List
$1,500
2.19%
Current Estimated Value
$87,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,623
Avg. Annual Appreciation
5.72%
Original Mortgage
$346,364
Outstanding Balance
$79,359
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$8,264

Purchase Details

Closed on
May 26, 2009
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Williams Gladys

Purchase Details

Closed on
Nov 26, 2008
Sold by
Tennessee Housing Development Agency
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Nov 13, 2008
Sold by
Beamon Diane A
Bought by
Tennessee Housing Development Agency

Purchase Details

Closed on
Jul 26, 1995
Bought by
Beamon Diane A

Purchase Details

Closed on
Feb 8, 1995
Bought by
Mothers Students and Mothers Conce
Source: Public Records

Range of Values:

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Average Value
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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
Ithaka Holdings Llc $70,000 Southern Trust Title Company
Williams Gladys $13,700 None Available
Secretary Of Housing & Urban Development $41,567 None Available
Tennessee Housing Development Agency $41,567 None Available
Beamon Diane A $42,500 --
Mothers Students $27,450 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ithaka Holdings Llc $346,364
Previous Owner Mimes Stoney $48,600
Previous Owner Beamon Diane A $10,113
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2021 08/09/21 Sold $70,000 +2.2% $78 / Sq Ft
07/15/2021 07/15/21 Pending -- -- --
07/15/2021 07/15/21 For Sale $68,500 -- $77 / 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 $336 $17,200 $2,500 $14,700
2024 $336 $9,900 $1,250 $8,650
2023 $603 $9,900 $1,250 $8,650
2022 $603 $9,900 $1,250 $8,650
2021 $269 $9,900 $1,250 $8,650
2020 $623 $8,600 $1,250 $7,350
2019 $275 $8,600 $1,250 $7,350
2018 $275 $8,600 $1,250 $7,350
2017 $281 $8,600 $1,250 $7,350
2016 $344 $7,875 $0 $0
2014 $344 $7,875 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Esther Guy

    Seller's Agent in 2021

    Esther Guy

    BenchMark REALTORS, LLC

    (901) 270-4453

    3 in this area

    44 Total Sales

    Esther Guy
    Section Image

  • C

    Seller Co-Listing Agent in 2021

    Casey Lipford

    BenchMark REALTORS, LLC

    3 in this area

    28 Total Sales

    Casey Lipford
    Section Image
  • Mario Jaramillo

    Buyer's Agent in 2021

    Mario Jaramillo

    RE/MAX

    (714) 323-0958

    15 in this area

    57 Total Sales

    Mario Jaramillo
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10104080

Memphis Area Association of REALTORS®

APN: 05-9090-0-0012

Tennessee Shelby County Memphis 38111 Orange Mound

1262 Railton Rd, Memphis, TN

This home is located at 1262 Railton Rd, Memphis, TN 38111 since 15 July 2021 and is currently estimated at $87,623, approximately $98 per square foot. This property was built in 1950. 1262 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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