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1380 Belfair Drive

1380 Belfair Drive, Collierville, TN 38017
Property in Shelby
Sold Nov 30, 2020
$549,000
$439,200 by First Horizon Bank
Mortgage Due Dec 01, 2050
Sold May 12, 2020
$288,500
$430,400 by Financial Federal Bank
Mortgage Due Nov 01, 2021
Local assessors in Collierville, TN have categorized 1380 Belfair Drive as a residential type of property. The home was built in 2020 and is 4 years old. The property's lot size has been calculated to be 12,253 square feet. 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 10 rooms in the home. Of these, 4 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 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1380 Belfair Drive has a total of 3,580 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 attached garage for those who need a place to park their vehicle. The garage on the property is 762 sqft. Do you like to entertain? The home has a unknown so you'll have a great option in the front 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 - B. 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 1380 Belfair Drive was last sold in Nov 25, 2020 for $549,000. According to our calculations, that's $126.44 per sqft. Prior to that sales transaction, the property was sold for $288,500 in May 8, 2020. Current property owners are expected to pay $7,010 in taxes per year. The property on 1380 Belfair Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $134,025. To break that down further, the land itself was valued at $24,300. While improvements to the property were assessed at a total of $109,725. 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. 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.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: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • 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: 762
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,253
  • Total Building Area: 4,342
  • Gross Building Area: 4,342
  • Building Area: 3,580
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,580
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BELFAIR PHASE 1
  • Land Acres: 0.281
  • Standard Land Use Code: Planned unit development (pud residential)
  • Legal Description 1: ES BELFAIR DRIVE COR RIVER BRANCH DRIVE (SE) SEE MAP 175D

Ownership

  • Current Owner : HANLEY JEFFREY WELLS
  • Current Owner 2: HANLEY KARI
  • Previous Owner : JOHN DUKE COMPANY LLC
  • Owner Before Previous Owner: BELFAIR DEVELOPMENT INC
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 021541

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: MB 285-055
  • District: C
  • Parcel: C0-234G-A0-0020
  • Lot: 20
  • Municipality: COLLIERVILLE
  • Latitude: 35.0777
  • Longitude: -89.6562

    Address

  • Full Address: 1380 Belfair Dr
  • Address - House Number: 1380
  • Address - Street Name: Belfair
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Collierville
  • Carrier Code: C016
  • 4-Digit Zip Code: 1020
  • Zip Code: 38017

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,010

    Appraisal Valuation

  • Standard Deviation: 0.2487
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 602,467
  • High Value: 752,321
  • Low Value: 452,613

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $439,200
  • First Open Lien Mortgage Lender: FIRST HORIZON BANK
  • First Open Lien Mortgage Recording Date: Nov 30, 2020
  • First Open Lien Mortgage Loan Amount: $439,200
  • 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: Dec 01, 2050

    Market Valuation

  • Market Total Value: $536,100
  • Market Land Value: $97,200
  • Market Improvement Value: $438,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $134,025
  • Assessed Land Value: $24,300
  • Assessed Improvements Value: $109,725

    Sales

  • Current Sale Contract Date: Nov 25, 2020
  • Current Sale Recording Date: Nov 30, 2020
  • Current Sale Transaction ID: 11802502840
  • Current Sale Price: $549,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20132030
  • Previous Sale Recording Date: May 12, 2020
  • Previous Sale Contract Date: May 08, 2020
  • Previous Sale Amount: $288,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST HORIZON BANK
  • First Mortgage Transaction Date: Nov 30, 2020
  • First Mortgage Loan Amount: $439,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: FINANCIAL FEDERAL BANK
  • Previous Mortgage Transaction Date: May 12, 2020
  • Previous Mortgage Loan Amount: $430,400
  • Previous Mortgage Term: 17
  • Previous Mortgage Loan Type: Building or Construction Loan
  • Previous Mortgage Loan Due Date: Nov 01, 2021

About Collierville



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Frequently Asked Questions

What neighborhood is 1380 Belfair Drive located in?
The 1380 Belfair Drive is a located in the neighborhood of Shelby in Collierville, Collierville.
What is the average sales price for listings in 1380 Belfair Drive?
The average sales price for units in 1380 Belfair Drive is $0 currently.

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