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1388 Harbor Park Drive

1388 Harbor Park Drive, Memphis, TN 38103
House in Harbortown
Sold Sep 18, 2019
$241,000
$181,000 by Community Mortgage Corp
Mortgage Due Oct 01, 2049
Sold Oct 08, 2015
$180,000
1388 Harbor Park Drive in Memphis, TN was first built in 2005 and is 19 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a traditional style. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1388 Harbor Park Drive has 1,346 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 310 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 3,100 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. For those who need parking, there is a attached garage. The garage is 400 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 1388 Harbor Park Drive sold most recently in Sep 12, 2019 for a total of $241,000. If you work out the math, that's approximately a cost of $138.03 per sqft. Before that, the property was also sold for $180,000 in Oct 7, 2015. 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 $3,824 in taxes each year. 1388 Harbor Park Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $62,775. If we break it down further, the land itself was valued at $12,050. Improvements to the property, however, were assessed at a total of $50,725. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Features

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Traditional
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,100
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 310
  • Total Building Area: 1,746
  • Gross Building Area: 1,746
  • Building Area: 1,346
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,346
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ISLAND POINT PD PHASE 2
  • Land Acres: 0.071
  • Standard Land Use Code: Planned unit development (pud residential)
  • Legal Description 1: ES HARBOR PARK DR (PRIVATE) SEE MAP GRID# 113 C

Ownership

  • Current Owner : DAVIS CINDY L
  • Previous Owner : WONG KEVIN GUANWEI
  • Previous Owner 2: WONG PENG KONG
  • Owner Before Previous Owner: KAZMI ASIF
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 000100

Zoning

  • Zoning: EMP

Geography

  • Assessors Map Reference: MB 219-046
  • District: O
  • Parcel: 06-9077-J0-0012
  • Lot: 98
  • Municipality: MEMPHIS
  • Latitude: 35.1779
  • Longitude: -90.0509

    Address

  • Full Address: 1388 Harbor Park Dr
  • Address - House Number: 1388
  • Address - Street Name: Harbor Park
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Memphis
  • Carrier Code: C034
  • 4-Digit Zip Code: 9031
  • Zip Code: 38103

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,824

    Appraisal Valuation

  • Standard Deviation: 0.1975
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 353,084
  • High Value: 422,846
  • Low Value: 283,321

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $181,000
  • First Open Lien Mortgage Lender: COMMUNITY MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Sep 18, 2019
  • First Open Lien Mortgage Loan Amount: $181,000
  • 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: Oct 01, 2049

    Market Valuation

  • Market Total Value: $251,100
  • Market Land Value: $48,200
  • Market Improvement Value: $202,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $62,775
  • Assessed Land Value: $12,050
  • Assessed Improvements Value: $50,725

    Sales

  • Current Sale Contract Date: Sep 12, 2019
  • Current Sale Recording Date: Sep 18, 2019
  • Current Sale Transaction ID: 11646053129
  • Current Sale Price: $241,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19096680
  • Previous Sale Recording Date: Oct 08, 2015
  • Previous Sale Contract Date: Oct 07, 2015
  • Previous Sale Amount: $180,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COMMUNITY MORTGAGE CORP
  • First Mortgage Transaction Date: Sep 18, 2019
  • First Mortgage Loan Amount: $181,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2049

About Downtown Memphis



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Nearby Rentals

Unit for rent at

$1,500 /mo

  • 1 Bed
  • 1 Bath
Listing by Manager

Frequently Asked Questions

What neighborhood is 1388 Harbor Park Drive located in?
The 1388 Harbor Park Drive is a house located in the neighborhood of Harbortown in Downtown Memphis, Memphis.
What is the average sales price for listings in 1388 Harbor Park Drive?
The average sales price for units in 1388 Harbor Park Drive is $239,900 currently.

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