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1659 Ranmar Drive

1659 Ranmar Drive, Cordova, TN 38016
Property in Shelby
Sold Sep 14, 2016
$99,000
$97,206 by Metropolitan Bank
Mortgage Due Oct 01, 2046
Sold Apr 01, 2014
$91,500
$82,350 by Community Mortgage Corp
Mortgage Due Apr 01, 2044
1659 Ranmar Drive has been categorized by the local assessors in Cordova, TN as a residential type of property. The building on the property was first built in 1991 and is 33 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1659 Ranmar Drive has 1,184 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 950 ft and across the front of the lot is 490 ft. The area measurement of the land has been determined as 4,655 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. 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 D by the local assessor. The building has a gable style roof made of composition shingle. 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. 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, 1659 Ranmar Drive sold most recently in Sep 12, 2016 for a total of $99,000. If you work out the math, that's approximately a cost of $83.61 per sqft. Before that, the property was also sold for $91,500 in Mar 28, 2014. 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 $2,096 in taxes each year. 1659 Ranmar Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $34,400. If we break it down further, the land itself was valued at $5,975. Improvements to the property, however, were assessed at a total of $28,425. 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. 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.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,655
  • Lot Size Depth Feet: 950
  • Lot Size Frontage Feet: 490
  • Total Building Area: 1,184
  • Gross Building Area: 1,184
  • Building Area: 1,184
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,184
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DEXTER RIDGE PD
  • Land Acres: 0.107
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WS RANMAR DR WS RANMAR DR

Ownership

  • Current Owner : BRYAN BILLY
  • Previous Owner : SHELTON CHRISTOPHER R
  • Previous Owner 2: SHELTON STACY P
  • Owner Before Previous Owner: LORENZ RALPH
  • Owner Before Previous Owner 2: LORENZ SHERRY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 021135

Zoning

  • Zoning: RU-2

Geography

  • Assessors Map Reference: MB 135-100
  • District: O
  • Parcel: 09-6507-A0-0122
  • Lot: 122
  • Municipality: MEMPHIS
  • Latitude: 35.1705
  • Longitude: -89.7813

    Address

  • Full Address: 1659 Ranmar Dr
  • Address - House Number: 1659
  • Address - Street Name: Ranmar
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Cordova
  • Carrier Code: R021
  • 4-Digit Zip Code: 6030
  • Zip Code: 38016

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,096

    Appraisal Valuation

  • Standard Deviation: 0.2666
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 61
  • Final Value: 203,060
  • High Value: 257,209
  • Low Value: 148,910

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $97,206
  • First Open Lien Mortgage Lender: METROPOLITAN BANK
  • First Open Lien Mortgage Recording Date: Sep 14, 2016
  • First Open Lien Mortgage Loan Amount: $97,206
  • 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, 2046

    Market Valuation

  • Market Total Value: $137,600
  • Market Land Value: $23,900
  • Market Improvement Value: $113,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $34,400
  • Assessed Land Value: $5,975
  • Assessed Improvements Value: $28,425

    Sales

  • Current Sale Contract Date: Sep 12, 2016
  • Current Sale Recording Date: Sep 14, 2016
  • Current Sale Transaction ID: 1758506101
  • Current Sale Price: $99,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 16094447
  • Previous Sale Recording Date: Apr 01, 2014
  • Previous Sale Contract Date: Mar 28, 2014
  • Previous Sale Amount: $91,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: METROPOLITAN BANK
  • First Mortgage Transaction Date: Sep 14, 2016
  • First Mortgage Loan Amount: $97,206
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: COMMUNITY MORTGAGE CORP
  • Previous Mortgage Transaction Date: Apr 01, 2014
  • Previous Mortgage Loan Amount: $82,350
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2044

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Frequently Asked Questions

What neighborhood is 1659 Ranmar Drive located in?
The 1659 Ranmar Drive is a located in the neighborhood of Shelby in Memphis, Cordova.
What is the average sales price for listings in 1659 Ranmar Drive?
The average sales price for units in 1659 Ranmar Drive is $0 currently.

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