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1166 East Crestwood Drive

1166 East Crestwood Drive, Memphis, TN 38119
Property in Sea Isle Park
Sold Mar 27, 2019
$250,000
$225,000 by Mortgage Investors Group Inc
Mortgage Due Apr 01, 2034
Sold Sep 25, 2018
$106,000
$225,000 by Bridge Capital Thrift & Loan L
Mortgage
Local assessors in Memphis, TN have categorized 1166 East Crestwood Drive as a residential type of property. The home was built in 1955 and is 69 years old. The property's lot size has been calculated to be 20,207 square feet. The linear feet between the front and back of the lot was measured at 2,160 ft and the front of the lot was measured at 950 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1166 East Crestwood Drive has a total of 2,042 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. The garage on the property is 467 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - A. The building has a hip style roof that was made of composition shingle. Lots of brick veneer were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Mar 15, 2019 for $250,000. That's $122.43 per sqft. Prior to that sales transaction, the property was also sold in Sep 24, 2018 for $106,000. 1166 East Crestwood Drive was last assessed in 2022. The total value of the property was assessed at $69,850. Specifically, the land the property is located on was valued at $12,675. While improvements on the property were assessed at a total of $57,175. 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 $4,785. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: A
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 467
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 20,207
  • Lot Size Depth Feet: 2,160
  • Lot Size Frontage Feet: 950
  • Total Building Area: 2,042
  • Gross Building Area: 2,042
  • Building Area: 2,042
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,042
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARK WOODLAND
  • Land Acres: 0.464
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SCHMIDT DAVID R
  • Current Owner 2: SCHMIDT DONNA J
  • Previous Owner : JBJ PROPERTIES LLC
  • Owner Before Previous Owner: WALDROP PARDUE CAROLYN JAN
  • Owner Before Previous Owner 2: ELROD DONALD MEADE
  • Ownership Rights Codes: Revocable Living Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 009502

Zoning

  • Zoning: R-10

Geography

  • District: O
  • Parcel: 06-7099-0-0016
  • Lot: 115
  • Municipality: MEMPHIS
  • Latitude: 35.0997
  • Longitude: -89.8757

    Address

  • Full Address: 1166 E Crestwood Dr
  • Address - House Number: 1166
  • Street Direction: E
  • Address - Street Name: Crestwood
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Memphis
  • Carrier Code: C045
  • 4-Digit Zip Code: 5014
  • Zip Code: 38119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,785

    Appraisal Valuation

  • Standard Deviation: 0.2302
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 68
  • Final Value: 368,651
  • High Value: 453,533
  • Low Value: 283,769

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $298,000
  • First Open Lien Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Open Lien Mortgage Recording Date: Mar 27, 2019
  • First Open Lien Mortgage Loan Amount: $225,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2034
  • Second Open Lien Mortgage Lender: FIRST HORIZON BANK
  • Second Open Lien Mortgage Recording Date: Oct 11, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $73,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2051

    Market Valuation

  • Market Total Value: $279,400
  • Market Land Value: $50,700
  • Market Improvement Value: $228,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $69,850
  • Assessed Land Value: $12,675
  • Assessed Improvements Value: $57,175

    Sales

  • Current Sale Contract Date: Mar 15, 2019
  • Current Sale Recording Date: Mar 27, 2019
  • Current Sale Transaction ID: 11592063980
  • Current Sale Price: $250,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19029130
  • Previous Sale Recording Date: Sep 25, 2018
  • Previous Sale Contract Date: Sep 24, 2018
  • Previous Sale Amount: $106,000
  • Previous Sale Document Type: Executor's Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Mortgage Transaction Date: Mar 27, 2019
  • First Mortgage Loan Amount: $225,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2034

    Previous Mortgages

  • Previous Mortgage Lender: BRIDGE CAPITAL THRIFT & LOAN L
  • Previous Mortgage Transaction Date: Sep 25, 2018
  • Previous Mortgage Loan Amount: $225,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Sea Isle Park



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Frequently Asked Questions

What neighborhood is 1166 East Crestwood Drive located in?
The 1166 East Crestwood Drive is a located in the neighborhood of Sea Isle Park in Sea Isle Park, Memphis.
What is the average sales price for listings in 1166 East Crestwood Drive?
The average sales price for units in 1166 East Crestwood Drive is $0 currently.

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