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220 Eastland Drive

220 Eastland Drive, Memphis, TN 38111
Sold Oct 01, 2020
$330,000
$297,000 by Triumph Mortgage
Mortgage Due Oct 01, 2050
Sold Sep 14, 2015
$249,000
$240,689 by Financial Federal Bank
Mortgage Due Oct 01, 2045
220 Eastland Drive 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 1951 and is 73 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, 220 Eastland Drive has 1,462 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 650 ft and across the front of the lot is 1,420 ft. The area measurement of the land has been determined as 14,000 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 286 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying 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 A 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 and being fueled with gas. 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, 220 Eastland Drive sold most recently in Sep 28, 2020 for a total of $330,000. If you work out the math, that's approximately a cost of $188.79 per sqft. Before that, the property was also sold for $249,000 in Sep 10, 2015. 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 $4,633 in taxes each year. 220 Eastland Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $76,050. If we break it down further, the land itself was valued at $20,325. Improvements to the property, however, were assessed at a total of $55,725. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1951
  • Effective Year Built: 1951
  • 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: A
  • 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
  • Garage Type: Attached
  • Garage Square Area: 286
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 14,000
  • Lot Size Depth Feet: 650
  • Lot Size Frontage Feet: 1,420
  • Total Building Area: 1,748
  • Gross Building Area: 1,748
  • Building Area: 1,462
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,462
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TWIN WILLOWS
  • Land Acres: 0.321
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N E S MINDEN RD JCT EASTLAND DR

Ownership

  • Current Owner : SCHAEFER CAROLINE VIRGINIA
  • Previous Owner : ELLIS BAILEY C
  • Previous Owner 2: ELLIS PEYTON A
  • Owner Before Previous Owner: BOLTON ANNA REBECCA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 002900

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 04-4125-0-0041
  • Lot: PT32
  • Municipality: MEMPHIS
  • Latitude: 35.1376
  • Longitude: -89.9327

    Address

  • Full Address: 220 Eastland Dr
  • Address - House Number: 220
  • Address - Street Name: Eastland
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Memphis
  • Carrier Code: C065
  • 4-Digit Zip Code: 6933
  • Zip Code: 38111

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,633

    Appraisal Valuation

  • Standard Deviation: 0.2385
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 386,642
  • High Value: 478,883
  • Low Value: 294,402

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $297,000
  • First Open Lien Mortgage Lender: TRIUMPH MORTGAGE
  • First Open Lien Mortgage Recording Date: Oct 01, 2020
  • First Open Lien Mortgage Loan Amount: $297,000
  • 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: Oct 01, 2050

    Market Valuation

  • Market Total Value: $304,200
  • Market Land Value: $81,300
  • Market Improvement Value: $222,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $76,050
  • Assessed Land Value: $20,325
  • Assessed Improvements Value: $55,725

    Sales

  • Current Sale Contract Date: Sep 28, 2020
  • Current Sale Recording Date: Oct 01, 2020
  • Current Sale Transaction ID: 11789183712
  • Current Sale Price: $330,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20106830
  • Previous Sale Recording Date: Sep 14, 2015
  • Previous Sale Contract Date: Sep 10, 2015
  • Previous Sale Amount: $249,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TRIUMPH MORTGAGE
  • First Mortgage Transaction Date: Oct 01, 2020
  • First Mortgage Loan Amount: $297,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: FINANCIAL FEDERAL BANK
  • Previous Mortgage Transaction Date: Sep 14, 2015
  • Previous Mortgage Loan Amount: $240,689
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Oct 01, 2045

About Hedgemoor Civic Club



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Frequently Asked Questions

What neighborhood is 220 Eastland Drive located in?
The 220 Eastland Drive is a located in the neighborhood of Hedgemoor Civic Club in Hedgemoor Civic Club, Memphis.
What is the average sales price for listings in 220 Eastland Drive?
The average sales price for units in 220 Eastland Drive is $0 currently.

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