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10720 Magnolia Park Circle North

10720 Magnolia Park Circle North, Collierville, TN 38017
Property in Shelby
Sold Aug 06, 2020
$639,999
$451,000 by Mission Loans Llc
Mortgage Due Apr 01, 2052
10720 Magnolia Park Circle North 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 2020 and is 4 years old. The home has a total of 10 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 5 partial bathrooms in the home. The building has a total of 2 stories. In addition, 10720 Magnolia Park Circle North has 4,028 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 1,795 ft and across the front of the lot is 1,000 ft. The area measurement of the land has been determined as 17,950 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 794 sqft. 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 B by the local assessor. 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. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Jul 29, 2020 for $639,999. That's $132.72 per sqft. 10720 Magnolia Park Circle North was last assessed in 2022. The total value of the property was assessed at $163,250. Specifically, the land the property is located on was valued at $27,450. While improvements on the property were assessed at a total of $135,800. 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 $8,538. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 16
  • Building Condition: Average
  • Building Quality: B
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 794
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 17,950
  • Lot Size Depth Feet: 1,795
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 4,822
  • Gross Building Area: 4,822
  • Building Area: 4,028
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,028
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MAGNOLIA PRESERVE PD PHASE 1
  • Land Acres: 0.412
  • Standard Land Use Code: Planned unit development (pud residential)
  • Legal Description 1: NS MAGNOLIA PARK CIRCLE NORTH SEE MAP 206 M

Ownership

  • Current Owner : HAYES DANESE FAYE
  • Previous Owner : MAGNOLIA HOMES INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 021543

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: MB 274-026
  • District: C
  • Parcel: C0-258T-C0-0032
  • Lot: 32
  • Municipality: COLLIERVILLE
  • Latitude: 35.0204
  • Longitude: -89.7052

    Address

  • Full Address: 10720 Magnolia Park Cir N
  • Address - House Number: 10720
  • Street Segment Direction: N
  • Address - Street Name: Magnolia Park
  • Address - Suffix Type: Cir
  • State: TN
  • City Name: Collierville
  • Carrier Code: R014
  • 4-Digit Zip Code: 2273
  • Zip Code: 38017

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,538

    Appraisal Valuation

  • Standard Deviation: 0.2487
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 673,731
  • High Value: 841,311
  • Low Value: 506,151

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $451,000
  • First Open Lien Mortgage Lender: MISSION LOANS LLC
  • First Open Lien Mortgage Recording Date: Mar 23, 2022
  • First Open Lien Mortgage Loan Amount: $451,000
  • 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: Apr 01, 2052

    Market Valuation

  • Market Total Value: $653,000
  • Market Land Value: $109,800
  • Market Improvement Value: $543,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $163,250
  • Assessed Land Value: $27,450
  • Assessed Improvements Value: $135,800

    Sales

  • Current Sale Contract Date: Jul 29, 2020
  • Current Sale Recording Date: Aug 06, 2020
  • Current Sale Transaction ID: 11776646649
  • Current Sale Price: $639,999
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20082131

    Last Sale Mortgage

  • First Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Mortgage Transaction Date: Aug 06, 2020
  • First Mortgage Loan Amount: $389,999
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

About Collierville



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Frequently Asked Questions

What neighborhood is 10720 Magnolia Park Circle North located in?
The 10720 Magnolia Park Circle North is a located in the neighborhood of Shelby in Collierville, Collierville.
What is the average sales price for listings in 10720 Magnolia Park Circle North?
The average sales price for units in 10720 Magnolia Park Circle North is $0 currently.

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