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2311 McGowan Drive

2311 McGowan Drive, Memphis, TN 38127
House in Rangeline
Sold Mar 25, 2021
$80,900
$60,675 by Tcf National Bank
Mortgage Due Apr 01, 2051
Sold Jan 24, 2020
$50,000
2311 McGowan Drive in Memphis, TN was first built in 1959 and is 65 years old. Although, the building on the property was most recently renovated and altered in 2009. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 2311 McGowan Drive has 1,424 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 1,110 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 15,685 square feet.

Learn more about the property and building on this page. There is a unknown. The home has a hip 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 central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. 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, 2311 McGowan Drive sold most recently in Feb 10, 2021 for a total of $80,900. If you work out the math, that's approximately a cost of $56.81 per sqft. Before that, the property was also sold for $50,000 in Jan 22, 2020. 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 $1,351 in taxes each year. 2311 McGowan Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $22,175. If we break it down further, the land itself was valued at $2,375. Improvements to the property, however, were assessed at a total of $19,800. 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: 1959
  • Effective Year Built: 2009
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Hip
  • 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: 15,685
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 1,110
  • Total Building Area: 1,424
  • Gross Building Area: 1,424
  • Building Area: 1,424
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,424
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ST ELMO THIRD ADDITION
  • Land Acres: 0.36
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SS MCGOWAN DR COR RIDGEDALE ST SE

Ownership

  • Current Owner : VADIAMUDI VENKATRAM
  • Previous Owner : MARVINS GARDEN LLC
  • Owner Before Previous Owner: RBA HOUSING LLC

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 010001

Zoning

  • Zoning: R-8

Geography

  • Assessors Map Reference: MB 22-33
  • District: O
  • Parcel: 07-1042-0-0001
  • Lot: 46
  • Municipality: MEMPHIS
  • Latitude: 35.2335
  • Longitude: -89.9867

    Address

  • Full Address: 2311 Mcgowan Dr
  • Address - House Number: 2311
  • Address - Street Name: Mcgowan
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Memphis
  • Carrier Code: C096
  • 4-Digit Zip Code: 4024
  • Zip Code: 38127

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,351

    Appraisal Valuation

  • Standard Deviation: 0.4382
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 12
  • Final Value: 46,800
  • High Value: 67,310
  • Low Value: 26,289

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $60,675
  • First Open Lien Mortgage Lender: TCF NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Mar 25, 2021
  • First Open Lien Mortgage Loan Amount: $60,675
  • 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: Apr 01, 2051

    Market Valuation

  • Market Total Value: $88,700
  • Market Land Value: $9,500
  • Market Improvement Value: $79,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $22,175
  • Assessed Land Value: $2,375
  • Assessed Improvements Value: $19,800

    Sales

  • Current Sale Contract Date: Feb 10, 2021
  • Current Sale Recording Date: Mar 25, 2021
  • Current Sale Transaction ID: 11825966854
  • Current Sale Price: $80,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21034317
  • Previous Sale Recording Date: Jan 24, 2020
  • Previous Sale Contract Date: Jan 22, 2020
  • Previous Sale Amount: $50,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TCF NATIONAL BANK
  • First Mortgage Transaction Date: Mar 25, 2021
  • First Mortgage Loan Amount: $60,675
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

About Frayser - Raleigh PD



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Frequently Asked Questions

What neighborhood is 2311 McGowan Drive located in?
The 2311 McGowan Drive is a house located in the neighborhood of Rangeline in Frayser - Raleigh PD, Memphis.
What is the average sales price for listings in 2311 McGowan Drive?
The average sales price for units in 2311 McGowan Drive is $0 currently.

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