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1731 Mary Drive

1731 Mary Drive, Memphis, TN 38111
Sold Jun 22, 2020
$50,500
$43,505 by Community Bank Of Mississippi
Mortgage Due Apr 05, 2027
1731 Mary Drive in Memphis, TN was first built in 1953 and is 71 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 cottage 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 is only one bathroom. There is a 1 partial bathroom. 1731 Mary Drive has 972 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 500 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 6,250 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of composition shingle. 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. The exterior walls of the home are made of brick veneer. Walk into the home itself and you'll find that it is currently being cooled with an air conditioning type we are unsure of. As for heating, the home is utilizing a heating system and being fueled with gas. 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, 1731 Mary Drive was last sold in Jun 12, 2020 for $50,500. According to our calculations, that's $51.95 per sqft. Current property owners are expected to pay $691 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 1731 Mary Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $11,350. To break that down further, the land itself was valued at $1,525. While improvements to the property were assessed at a total of $9,825. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Cottage
  • 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: 6,250
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 500
  • Total Building Area: 972
  • Gross Building Area: 972
  • Building Area: 972
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Unsure
  • Heating: Yes
  • Heated Square Feet: 972
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: JOHNSONS SOUTHMOOR
  • Land Acres: 0.144
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WS MARY DRIVE

Ownership

  • Current Owner : TERRACORP LLC
  • Previous Owner : LARK RICHARD L
  • Previous Owner 2: RICHARD LARRY CARK LIVING TRUS
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 008200

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 05-8018-0-0059
  • Block: B
  • Lot: 49
  • Municipality: MEMPHIS
  • Latitude: 35.0842
  • Longitude: -89.9439

    Address

  • Full Address: 1731 Mary Dr
  • Address - House Number: 1731
  • Address - Street Name: Mary
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Memphis
  • Carrier Code: C076
  • 4-Digit Zip Code: 5211
  • Zip Code: 38111

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $691
  • Intital Tax Deliquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 389,683
  • High Value: 566,914
  • Low Value: 212,451

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $43,505
  • First Open Lien Mortgage Lender: COMMUNITY BANK OF MISSISSIPPI
  • First Open Lien Mortgage Recording Date: Mar 16, 2022
  • First Open Lien Mortgage Loan Amount: $43,505
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 05, 2027

    Market Valuation

  • Market Total Value: $45,400
  • Market Land Value: $6,100
  • Market Improvement Value: $39,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $11,350
  • Assessed Land Value: $1,525
  • Assessed Improvements Value: $9,825

    Sales

  • Current Sale Contract Date: Jun 12, 2020
  • Current Sale Recording Date: Jun 22, 2020
  • Current Sale Transaction ID: 11768698072
  • Current Sale Price: $50,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20063274

About Depot Planning District



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Frequently Asked Questions

What neighborhood is 1731 Mary Drive located in?
The 1731 Mary Drive is a house located in the neighborhood of Depot Planning District in Depot Planning District, Memphis.
What is the average sales price for listings in 1731 Mary Drive?
The average sales price for units in 1731 Mary Drive is $0 currently.

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