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1557 West Crestwood Drive

1557 West Crestwood Drive, Memphis, TN 38119
Property in Sea Isle Park
Sold Mar 29, 2021
$375,000
$346,750 by First Horizon Bank
Mortgage Due Apr 01, 2051
Sold May 27, 2015
$215,000
$211,105 by Renasant Bank
Mortgage Due Jun 01, 2045
Local assessors in Memphis, TN have categorized 1557 West Crestwood Drive as a residential type of property. The home was built in 1963 and is 61 years old. It was most recently renovated and altered in 2008. The property's lot size has been calculated to be 13,795 square feet. The linear feet between the front and back of the lot was measured at 1,240 ft and the front of the lot was measured at 1,040 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 11 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 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 1557 West Crestwood Drive has a total of 3,334 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 441 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 a unknown so you'll have a great option in the back of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. 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 gable 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 25, 2021 for $375,000. That's $99.34 per sqft. Prior to that sales transaction, the property was also sold in May 20, 2015 for $215,000. 1557 West Crestwood Drive was last assessed in 2022. The total value of the property was assessed at $74,550. Specifically, the land the property is located on was valued at $8,650. While improvements on the property were assessed at a total of $65,900. 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 $4,541. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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.

Building Features

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: A
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 13,795
  • Lot Size Depth Feet: 1,240
  • Lot Size Frontage Feet: 1,040
  • Total Building Area: 3,775
  • Gross Building Area: 3,775
  • Building Area: 3,334
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,334
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CRESTWOOD VIEW SEC A
  • Land Acres: 0.317
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MCGHEE PATRICK J
  • Current Owner 2: MCGHEE TANYA NAYLER
  • Previous Owner : MUELLER CHRISTOPHER
  • Previous Owner 2: MUELLER KARINA
  • Owner Before Previous Owner: PARRIS KAREN C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R-10

Geography

  • District: O
  • Parcel: 06-7076-0-0021
  • Lot: 23
  • Municipality: MEMPHIS
  • Latitude: 35.0891
  • Longitude: -89.8782

    Address

  • Full Address: 1557 W Crestwood Dr
  • Address - House Number: 1557
  • Street Direction: W
  • Address - Street Name: Crestwood
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Memphis
  • Carrier Code: C038
  • 4-Digit Zip Code: 7003
  • Zip Code: 38119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,541

    Appraisal Valuation

  • Standard Deviation: 0.2281
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 68
  • Final Value: 420,509
  • High Value: 516,447
  • Low Value: 324,571

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $346,750
  • First Open Lien Mortgage Lender: FIRST HORIZON BANK
  • First Open Lien Mortgage Recording Date: Mar 29, 2021
  • First Open Lien Mortgage Loan Amount: $346,750
  • 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, 2051

    Market Valuation

  • Market Total Value: $298,200
  • Market Land Value: $34,600
  • Market Improvement Value: $263,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $74,550
  • Assessed Land Value: $8,650
  • Assessed Improvements Value: $65,900

    Sales

  • Current Sale Contract Date: Mar 25, 2021
  • Current Sale Recording Date: Mar 29, 2021
  • Current Sale Transaction ID: 11826667904
  • Current Sale Price: $375,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21035885
  • Previous Sale Recording Date: May 27, 2015
  • Previous Sale Contract Date: May 20, 2015
  • Previous Sale Amount: $215,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST HORIZON BANK
  • First Mortgage Transaction Date: Mar 29, 2021
  • First Mortgage Loan Amount: $346,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: RENASANT BANK
  • Previous Mortgage Transaction Date: May 27, 2015
  • Previous Mortgage Loan Amount: $211,105
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 01, 2045

About Sea Isle Park



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Frequently Asked Questions

What neighborhood is 1557 West Crestwood Drive located in?
The 1557 West 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 1557 West Crestwood Drive?
The average sales price for units in 1557 West Crestwood Drive is $349,900 currently.

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