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1055 Petersburg Cove

1055 Petersburg Cove, Collierville, TN 38017
Property in Shelby
Sold Jul 02, 2020
$285,000
$270,750 by Patriot Bank
Mortgage Due Aug 01, 2050
Sold May 24, 2010
$178,000
$175,614 by Commercial Bank & Trust Compan
Mortgage Due Jun 01, 2040
1055 Petersburg Cove has been categorized by the local assessors in Collierville, TN as a residential type of property. The building on the property was first built in 1979 and is 45 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1055 Petersburg Cove has 1,937 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,470 ft and across the front of the lot is 1,080 ft. The area measurement of the land has been determined as 18,382 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a traditional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 380 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of brick veneer. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1055 Petersburg Cove was last sold in Jul 1, 2020 for $285,000. According to our calculations, that's $123.00 per sqft. Prior to that sales transaction, the property was sold for $178,000 in May 20, 2010. Current property owners are expected to pay $3,705 in taxes per year. The property on 1055 Petersburg Cove was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $70,850. To break that down further, the land itself was valued at $13,100. While improvements to the property were assessed at a total of $57,750. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Traditional
  • 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: Attached
  • Garage Square Area: 380
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 18,382
  • Lot Size Depth Feet: 1,470
  • Lot Size Frontage Feet: 1,080
  • Total Building Area: 2,317
  • Gross Building Area: 2,317
  • Building Area: 1,937
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,937
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SHENANDOAH FIRST ADDN SEC A
  • Land Acres: 0.422
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WS PETERSBURG COVE

Ownership

  • Current Owner : JENKINS DANIEL M
  • Current Owner 2: JENKINS MARY K
  • Previous Owner : DONOVAN CHRISTOPHER R
  • Previous Owner 2: DONOVAN SHERRI L
  • Owner Before Previous Owner: ROBERTSON CHARLES M
  • Owner Before Previous Owner 2: ROBERTSON CAROL R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Collierville School District
  • Census Tract: 021612

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: MB 69-32
  • District: C
  • Parcel: C0-234E-A0-0070
  • Lot: 129
  • Municipality: COLLIERVILLE
  • Latitude: 35.0685
  • Longitude: -89.6611

    Address

  • Full Address: 1055 Petersburg Cv
  • Address - House Number: 1055
  • Address - Street Name: Petersburg
  • Address - Suffix Type: Cv
  • State: TN
  • City Name: Collierville
  • Carrier Code: C016
  • 4-Digit Zip Code: 1544
  • Zip Code: 38017

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,705

    Appraisal Valuation

  • Standard Deviation: 0.2416
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 381,407
  • High Value: 473,584
  • Low Value: 289,229

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $311,755
  • First Open Lien Mortgage Lender: PATRIOT BANK
  • First Open Lien Mortgage Recording Date: Jul 02, 2020
  • First Open Lien Mortgage Loan Amount: $270,750
  • 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: Aug 01, 2050
  • Second Open Lien Mortgage Lender: PATRIOT BANK
  • Second Open Lien Mortgage Recording Date: Jul 28, 2022
  • Second Open Lien Mortgage Loan Amount: $41,005
  • Second Open Lien Mortgage Term: 203
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jul 10, 2039

    Market Valuation

  • Market Total Value: $283,400
  • Market Land Value: $52,400
  • Market Improvement Value: $231,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $70,850
  • Assessed Land Value: $13,100
  • Assessed Improvements Value: $57,750

    Sales

  • Current Sale Contract Date: Jul 01, 2020
  • Current Sale Recording Date: Jul 02, 2020
  • Current Sale Transaction ID: 11770270438
  • Current Sale Price: $285,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20068018
  • Previous Sale Recording Date: May 24, 2010
  • Previous Sale Contract Date: May 20, 2010
  • Previous Sale Amount: $178,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PATRIOT BANK
  • First Mortgage Transaction Date: Jul 02, 2020
  • First Mortgage Loan Amount: $270,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: COMMERCIAL BANK & TRUST COMPAN
  • Previous Mortgage Transaction Date: May 24, 2010
  • Previous Mortgage Loan Amount: $175,614
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 01, 2040

About Collierville



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Frequently Asked Questions

What neighborhood is 1055 Petersburg Cove located in?
The 1055 Petersburg Cove is a located in the neighborhood of Shelby in Collierville, Collierville.
What is the average sales price for listings in 1055 Petersburg Cove?
The average sales price for units in 1055 Petersburg Cove is $0 currently.

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