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2054 Olive Bark Cove

2054 Olive Bark Cove, Memphis, TN 38134
Property in Shelby
Sold Jun 03, 2005
$110,000
$109,137 by Community Mortgage Corp
Mortgage Due Jun 01, 2035
2054 Olive Bark Cove has been categorized by the local assessors in Memphis, TN as a residential type of property. The building on the property was first built in 2004 and is 20 years old. The home has a total of 5 rooms. 2 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, 2054 Olive Bark Cove has 1,106 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 400 ft. The area measurement of the land has been determined as 3,800 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. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 240 sqft. According to our sources, there is one available parking space. 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 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 and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery 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, 2054 Olive Bark Cove was last sold in May 25, 2005 for $110,000. According to our calculations, that's $81.72 per sqft. Current property owners are expected to pay $1,998 in taxes per year. The property on 2054 Olive Bark Cove was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $32,800. To break that down further, the land itself was valued at $7,025. While improvements to the property were assessed at a total of $25,775. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • 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
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 240
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,800
  • Lot Size Depth Feet: 950
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,346
  • Gross Building Area: 1,346
  • Building Area: 1,106
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,106
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SYCAMORE VIEW ROAD PHASE 4
  • Land Acres: 0.087
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ES OLIVE BARK CV SEE MAP B-28 (GRID# 117G)

Ownership

  • Current Owner : JORDAN CHRISTOPHER
  • Previous Owner : BOWDEN BUILDING CORP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 020610

Zoning

  • Zoning: RU-2

Geography

  • Assessors Map Reference: MB 204-024
  • District: O
  • Parcel: 08-8048-D0-0041
  • Lot: 105
  • Municipality: MEMPHIS
  • Latitude: 35.1815
  • Longitude: -89.8725

    Address

  • Full Address: 2054 Olive Bark Cv
  • Address - House Number: 2054
  • Address - Street Name: Olive Bark
  • Address - Suffix Type: Cv
  • State: TN
  • City Name: Memphis
  • Carrier Code: C024
  • 4-Digit Zip Code: 6668
  • Zip Code: 38134

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,998

    Appraisal Valuation

  • Standard Deviation: 0.276
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 60
  • Final Value: 185,436
  • High Value: 236,633
  • Low Value: 134,239

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $119,137
  • First Open Lien Mortgage Lender: COMMUNITY MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jun 03, 2005
  • First Open Lien Mortgage Loan Amount: $109,137
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2035
  • Second Open Lien Mortgage Lender: BANK OF AMERICA NA
  • Second Open Lien Mortgage Recording Date: Jan 04, 2006
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $10,000
  • Second Open Lien Mortgage Term: 296
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Oct 08, 2030

    Market Valuation

  • Market Total Value: $131,200
  • Market Land Value: $28,100
  • Market Improvement Value: $103,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $32,800
  • Assessed Land Value: $7,025
  • Assessed Improvements Value: $25,775

    Sales

  • Current Sale Contract Date: May 25, 2005
  • Current Sale Recording Date: Jun 03, 2005
  • Current Sale Transaction ID: 1176263200
  • Current Sale Price: $110,000
  • Current Sale Document Type: Corporation Deed
  • Current Sale Input Document Number: 05085527

    Last Sale Mortgage

  • First Mortgage Lender: COMMUNITY MORTGAGE CORP
  • First Mortgage Transaction Date: Jun 03, 2005
  • First Mortgage Loan Amount: $109,137
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2035

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Frequently Asked Questions

What neighborhood is 2054 Olive Bark Cove located in?
The 2054 Olive Bark Cove is a located in the neighborhood of Shelby in Memphis, Memphis.
What is the average sales price for listings in 2054 Olive Bark Cove?
The average sales price for units in 2054 Olive Bark Cove is $0 currently.

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