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1012 River Currents Drive

1012 River Currents Drive, Memphis, TN 38103
House in Harbor Town
Sold Sep 10, 2020
$416,500
$404,005 by Iberiabank
Mortgage Due Oct 01, 2050
Sold Dec 20, 2016
$340,000
$323,000 by Quicken Loans Inc
Mortgage Due Jan 01, 2047
1012 River Currents Drive in Memphis, TN was first built in 1998 and is 26 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a townhouse style. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 1012 River Currents Drive has 2,091 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 390 ft and the linear feet between the front and back of the lot is 1,280. In total, the area measurement of the land is 4,285 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a hip style roof made of composition shingle. For those who need parking, there is a attached garage. The garage is 540 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. 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. 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1012 River Currents Drive sold most recently in Sep 8, 2020 for a total of $416,500. If you work out the math, that's approximately a cost of $158.30 per sqft. Before that, the property was also sold for $340,000 in Dec 16, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,637 in taxes each year. 1012 River Currents Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $108,950. If we break it down further, the land itself was valued at $16,725. Improvements to the property, however, were assessed at a total of $92,225. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Attached Garage
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Townhouse
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 540
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,285
  • Lot Size Depth Feet: 1,280
  • Lot Size Frontage Feet: 390
  • Total Building Area: 2,631
  • Gross Building Area: 2,631
  • Building Area: 2,091
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,091
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HARBOR TOWN P D PHASE 14 PT AREA C
  • Land Acres: 0.098
  • Standard Land Use Code: Planned unit development (pud residential)
  • Legal Description 1: ES RIVER CURRENTS DR (PD) COR HARB0R BEND CL (PD) (SE) SEE MAP 73 & 74 INSERT 1 (TILE# 341)

Ownership

  • Current Owner : ABIDOR JORDAN
  • Current Owner 2: DUFFY CAITLYN
  • Previous Owner : SHIPP JAMES M
  • Previous Owner 2: SHIPP ANGELA M
  • Owner Before Previous Owner: DOSS LISA FORCK
  • Owner Before Previous Owner 2: DOSS STEVEN V
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 000100

Zoning

  • Zoning: CMU-3

Geography

  • Assessors Map Reference: MB 195-39
  • District: O
  • Parcel: 00-1001-J0-0030
  • Lot: 329
  • Municipality: MEMPHIS
  • Latitude: 35.1685
  • Longitude: -90.0538

    Address

  • Full Address: 1012 River Currents Dr
  • Address - House Number: 1012
  • Address - Street Name: River Currents
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Memphis
  • Carrier Code: C033
  • 4-Digit Zip Code: 8839
  • Zip Code: 38103

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,637

    Appraisal Valuation

  • Standard Deviation: 0.1966
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 546,876
  • High Value: 654,431
  • Low Value: 439,321

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $404,005
  • First Open Lien Mortgage Lender: IBERIABANK
  • First Open Lien Mortgage Recording Date: Sep 10, 2020
  • First Open Lien Mortgage Loan Amount: $404,005
  • 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, 2050

    Market Valuation

  • Market Total Value: $435,800
  • Market Land Value: $66,900
  • Market Improvement Value: $368,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $108,950
  • Assessed Land Value: $16,725
  • Assessed Improvements Value: $92,225

    Sales

  • Current Sale Contract Date: Sep 08, 2020
  • Current Sale Recording Date: Sep 10, 2020
  • Current Sale Transaction ID: 11786055766
  • Current Sale Price: $416,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20097306
  • Previous Sale Recording Date: Dec 20, 2016
  • Previous Sale Contract Date: Dec 16, 2016
  • Previous Sale Amount: $340,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: IBERIABANK
  • First Mortgage Transaction Date: Sep 10, 2020
  • First Mortgage Loan Amount: $404,005
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: QUICKEN LOANS INC
  • Previous Mortgage Transaction Date: Dec 20, 2016
  • Previous Mortgage Loan Amount: $323,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2047

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Frequently Asked Questions

What neighborhood is 1012 River Currents Drive located in?
The 1012 River Currents Drive is a house located in the neighborhood of Harbor Town in Downtown Memphis, Memphis.
What is the average sales price for listings in 1012 River Currents Drive?
The average sales price for units in 1012 River Currents Drive is $0 currently.

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