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195 Gardenia Cove

195 Gardenia Cove, Memphis, TN 38117
Property in Shelby
Sold Aug 20, 2020
$450,000
$300,000 by Cogent Bank
Mortgage Due Sep 01, 2050
Sold Mar 02, 2016
$310,000
$248,000 by Metropolitan Bank
Mortgage Due Mar 01, 2046
195 Gardenia Cove in Memphis, TN was first built in 1955 and is 69 years old. Although, the building on the property was most recently renovated and altered in 2001. 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 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 195 Gardenia Cove has 2,640 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 970 ft and the linear feet between the front and back of the lot is 1,300. In total, the area measurement of the land is 12,610 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The roof of the home is made of composition shingle. For those who need parking, there is a detached garage. The garage is 400 sqft. The quality of the control joints have been graded by the local assessor with a letter grade of A. 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 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. 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, 195 Gardenia Cove was last sold in Aug 14, 2020 for $450,000. According to our calculations, that's $170.45 per sqft. Prior to that sales transaction, the property was sold for $310,000 in Feb 24, 2016. Current property owners are expected to pay $6,174 in taxes per year. The property on 195 Gardenia Cove was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $101,350. To break that down further, the land itself was valued at $23,625. While improvements to the property were assessed at a total of $77,725. 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. 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.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: 1955
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • 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 Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 400
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,610
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 970
  • Total Building Area: 2,640
  • Gross Building Area: 2,640
  • Building Area: 2,640
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,640
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MAGNOLIA PARK FOURTH ADDITION
  • Land Acres: 0.29
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : GORDON JUSTIN D
  • Current Owner 2: GORDON ASHLEY M
  • Previous Owner : KROEKER BRADY MILES
  • Previous Owner 2: KROEKER MAGGIE AUE
  • Owner Before Previous Owner: MERCER JEANNE F
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 008600

Zoning

  • Zoning: R-10

Geography

  • District: O
  • Parcel: 05-5019-0-0021
  • Lot: 42
  • Municipality: MEMPHIS
  • Latitude: 35.1368
  • Longitude: -89.9191

    Address

  • Full Address: 195 Gardenia Cv
  • Address - House Number: 195
  • Address - Street Name: Gardenia
  • Address - Suffix Type: Cv
  • State: TN
  • City Name: Memphis
  • Carrier Code: C012
  • 4-Digit Zip Code: 2313
  • Zip Code: 38117

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,174

    Appraisal Valuation

  • Standard Deviation: 0.2487
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 505,221
  • High Value: 630,887
  • Low Value: 379,555

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $300,000
  • First Open Lien Mortgage Lender: COGENT BANK
  • First Open Lien Mortgage Recording Date: Aug 20, 2020
  • First Open Lien Mortgage Loan Amount: $300,000
  • 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: Sep 01, 2050

    Market Valuation

  • Market Total Value: $405,400
  • Market Land Value: $94,500
  • Market Improvement Value: $310,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $101,350
  • Assessed Land Value: $23,625
  • Assessed Improvements Value: $77,725

    Sales

  • Current Sale Contract Date: Aug 14, 2020
  • Current Sale Recording Date: Aug 20, 2020
  • Current Sale Transaction ID: 11781401037
  • Current Sale Price: $450,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20088787
  • Previous Sale Recording Date: Mar 02, 2016
  • Previous Sale Contract Date: Feb 24, 2016
  • Previous Sale Amount: $310,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COGENT BANK
  • First Mortgage Transaction Date: Aug 20, 2020
  • First Mortgage Loan Amount: $300,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: METROPOLITAN BANK
  • Previous Mortgage Transaction Date: Mar 02, 2016
  • Previous Mortgage Loan Amount: $248,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2046

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Frequently Asked Questions

What neighborhood is 195 Gardenia Cove located in?
The 195 Gardenia Cove is a located in the neighborhood of Shelby in Memphis, Memphis.
What is the average sales price for listings in 195 Gardenia Cove?
The average sales price for units in 195 Gardenia Cove is $0 currently.

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