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1166 Perkins Trail

1166 Perkins Trail, Memphis, TN 38117
Property in Colonial Acres
Sold Sep 26, 2023
$220,000
$175,000 by Pinnacle Bank
Mortgage Due Oct 01, 2053
Sold Jul 08, 2021
$166,000
$157,700 by Orion Fcu
Mortgage Due Aug 01, 2051
1166 Perkins Trail in Memphis, TN was first built in 1952 and is 72 years old. Although, the building on the property was most recently renovated and altered in 1966. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1166 Perkins Trail has 1,036 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 680 ft and the linear feet between the front and back of the lot is 1,330. In total, the area measurement of the land is 9,044 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable style roof made of composition shingle. For those who need parking, there is a carport. The garage is 252 sqft. There is one available parking space. The quality of the control joints have been graded by the local assessor with a letter grade of D. 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. The property was last sold in Sep 14, 2023 for $220,000. That's $212.36 per sqft. Prior to that sales transaction, the property was also sold in Jun 7, 2021 for $166,000. 1166 Perkins Trail was last assessed in 2022. The total value of the property was assessed at $37,925. Specifically, the land the property is located on was valued at $6,650. While improvements on the property were assessed at a total of $31,275. 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 $2,310. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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: 1952
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Ranch/Rambler
  • 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
  • Garage Type: Carport
  • Garage Square Area: 252
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 9,044
  • Lot Size Depth Feet: 1,330
  • Lot Size Frontage Feet: 680
  • Total Building Area: 1,036
  • Gross Building Area: 1,036
  • Building Area: 1,036
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,036
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COLONIAL PLAZA
  • Land Acres: 0.208
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : RHEA DOUGLAS HANNAH
  • Previous Owner : SIMMONS MATTHEW SCOTT
  • Previous Owner 2: SIMMONS ANNA VICTORIA
  • Owner Before Previous Owner: TINSLEY MICHAEL C
  • Owner Before Previous Owner 2: TINSLEY JESSICA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 009300

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 06-5019-0-0038
  • Lot: 115
  • Municipality: MEMPHIS
  • Latitude: 35.0999
  • Longitude: -89.9086

    Address

  • Full Address: 1166 Perkins Ter
  • Address - House Number: 1166
  • Address - Street Name: Perkins
  • Address - Suffix Type: Ter
  • State: TN
  • City Name: Memphis
  • Carrier Code: C014
  • 4-Digit Zip Code: 6012
  • Zip Code: 38117

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,310

    Appraisal Valuation

  • Standard Deviation: 0.2516
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 210,494
  • High Value: 263,463
  • Low Value: 157,524

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $175,000
  • First Open Lien Mortgage Lender: PINNACLE BANK
  • First Open Lien Mortgage Recording Date: Sep 26, 2023
  • First Open Lien Mortgage Loan Amount: $175,000
  • 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: Oct 01, 2053

    Market Valuation

  • Market Total Value: $151,700
  • Market Land Value: $26,600
  • Market Improvement Value: $125,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $37,925
  • Assessed Land Value: $6,650
  • Assessed Improvements Value: $31,275

    Sales

  • Current Sale Contract Date: Sep 14, 2023
  • Current Sale Recording Date: Sep 26, 2023
  • Current Sale Transaction ID: 11913617440
  • Current Sale Price: $220,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 81588
  • Previous Sale Recording Date: Jul 08, 2021
  • Previous Sale Contract Date: Jun 07, 2021
  • Previous Sale Amount: $166,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PINNACLE BANK
  • First Mortgage Transaction Date: Sep 26, 2023
  • First Mortgage Loan Amount: $175,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: ORION FCU
  • Previous Mortgage Transaction Date: Jul 08, 2021
  • Previous Mortgage Loan Amount: $157,700
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2051

About Jackson - University Area



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Frequently Asked Questions

What neighborhood is 1166 Perkins Trail located in?
The 1166 Perkins Trail is a located in the neighborhood of Colonial Acres in Jackson - University Area, Memphis.
What is the average sales price for listings in 1166 Perkins Trail?
The average sales price for units in 1166 Perkins Trail is $0 currently.

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