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107 Loraine Drive

107 Loraine Drive, Memphis, TN 38109
107 Loraine Drive in Memphis, TN was first built in 1971 and is 55 years old. This has been categorized as a property type. For those interested in architecture, the building on the property was built in a . There are a total of 100 floors. There are a total of 6 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 107 Loraine Drive has 1,130 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 790 ft and the linear feet between the front and back of the lot is 1,080. In total, the area measurement of the land is 8,715 square feet.

Learn more about the property and building on this page. There is a . The home has a style roof made of . The quality of the control joints have been graded by the local assessor with a letter grade of . The condition of the building has been evaluated as . The exterior walls of the home are made of . Walk into the home itself and you'll find that it is currently being cooled with . As for heating, the home is utilizing and being fueled with . 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, 107 Loraine Drive sold most recently in Oct 30, 2013 for a total of $203,500. If you work out the math, that's approximately a cost of $180.09 per sqft. Before that, the property was also sold for $22,000 in Jun 6, 2013. 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 $98,836 in taxes each year. 107 Loraine Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $16,225. If we break it down further, the land itself was valued at $2,700. Improvements to the property, however, were assessed at a total of $13,525. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20231004
10/04/2023
4 Bed
1.5 Bath
-
$120,000
bedrooms
4 Bed
bathrooms
1.5 Bath
-
-
Miki Brewer
McWaters & Associates


Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 3
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,715
  • Lot Size Depth Feet: 1,080
  • Lot Size Frontage Feet: 790
  • Total Building Area: 1,130
  • Gross Building Area: 1,130
  • Building Area: 1,130
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,130
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SECTION B SMITH TURLEY SUBDIVISION
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 062

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 022700

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 07-6127-0-0001
  • Lot: 462
  • Municipality: MEMPHIS
  • Latitude: 35.0139
  • Longitude: -90.0604

    Address

  • Full Address: 107 Loraine Rd
  • Address - House Number: 107
  • Address - Street Name: Loraine
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Memphis
  • Carrier Code: C071
  • 4-Digit Zip Code: 8513
  • Zip Code: 38109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $98,836
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 89
  • Final Value: 90,442
  • High Value: 100,292
  • Low Value: 80,592

    Market Valuation

  • Market Total Value: $64,900
  • Market Land Value: $10,800
  • Market Improvement Value: $54,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $16,225
  • Assessed Land Value: $2,700
  • Assessed Improvements Value: $13,525

    Sales

  • Current Sale Contract Date: Oct 30, 2013
  • Current Sale Recording Date: Oct 30, 2013
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 13130800
  • Previous Sale Recording Date: Jun 28, 2013
  • Previous Sale Contract Date: Jun 06, 2013
  • Previous Sale Amount: $22,000
  • Previous Sale Document Type: 68
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Mc Kellar - Whitehaven-Levi PD



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Frequently Asked Questions

What neighborhood is 107 Loraine Drive located in?
The 107 Loraine Drive is a house located in the neighborhood of Mc Kellar - Whitehaven-Levi PD in Mc Kellar - Whitehaven-Levi PD, Memphis.
What is the average sales price for listings in 107 Loraine Drive?
The average sales price for units in 107 Loraine Drive is $0 currently.