See Home Value
$280,369*
House - Off Market

242 LOCUST GROVE

Memphis, TN 38018
bedrooms
4 Beds
bathrooms
2.5 Baths, 1 Half Bath
$252,000 - $306,000
Reference Base Price*
0.17%
Since Jul 1, 2023
National-US
Primary Model
Sold Jun 12, 2019
$215,000
$220,450 by Clearpath Lending
Mortgage Due Apr 01, 2050
Sold Mar 05, 2019
$148,000
$210,000 by Bridge Capital Thrift & Loan L
Mortgage

About This Property

Motivated owner.    Some flooring needs to be replaced. Drive by only.  Inspection will be done after accepted contract.
Unit Size
-
Days on Market
-
Land Size
0.27 acres
Price per sqft
-
Property Type
House
Property Taxes
$269
HOA Dues
-
Year Built
1987

Price History

Date / Event Date Event Price
Jun 2, 2023 No longer available -
No longer available
Mar 9, 2023 Price Decreased $279,900
↓ $3K (1.1%)
Price Decreased
Mar 7, 2023 Price Decreased $282,900
↓ $12K (4.1%)
Price Decreased
Mar 5, 2023 Price Decreased $294,900
↓ $10K (3.3%)
Price Decreased
Feb 16, 2023 Listed $304,900
Listed

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 520
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,070
  • Lot Size Depth Feet: 1,420
  • Lot Size Frontage Feet: 850
  • Total Building Area: 3,540
  • Gross Building Area: 3,540
  • Building Area: 3,020
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,020
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WOODSIDE AT WALNUT GROVE SEC A
  • Land Acres: 0.277
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ES LOCUST GROVE DR

Ownership

  • Current Owner : TURNER DOMINIQUE S
  • Current Owner 2: OVERSTREET KIMBERLY M
  • Previous Owner : MEMPHIS INVESTMENT PROPERTIES II LLC
  • Owner Before Previous Owner: CHAMBERS ANTONI
  • Owner Before Previous Owner 2: SMITH TASHA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 021139

Zoning

  • Zoning: R-10

Geography

  • Assessors Map Reference: MB 108-7
  • District: S
  • Parcel: D0-220P-A0-0135
  • Lot: 47
  • Municipality: SHELBY COUNTY
  • Latitude: 35.1225
  • Longitude: -89.7699

    Address

  • Full Address: 242 Locust Grove Dr
  • Address - House Number: 242
  • Address - Street Name: Locust Grove
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Cordova
  • Carrier Code: R024
  • 4-Digit Zip Code: 4802
  • Zip Code: 38018

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,229

    Appraisal Valuation

  • Standard Deviation: 0.2416
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 342,689
  • High Value: 425,509
  • Low Value: 259,869

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $220,450
  • First Open Lien Mortgage Lender: CLEARPATH LENDING
  • First Open Lien Mortgage Recording Date: Mar 24, 2020
  • First Open Lien Mortgage Loan Amount: $220,450
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2050

    Market Valuation

  • Market Total Value: $263,000
  • Market Land Value: $38,100
  • Market Improvement Value: $224,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $65,750
  • Assessed Land Value: $9,525
  • Assessed Improvements Value: $56,225

    Sales

  • Current Sale Contract Date: Jun 10, 2019
  • Current Sale Recording Date: Jun 12, 2019
  • Current Sale Transaction ID: 11617361315
  • Current Sale Price: $215,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201906120057489
  • Previous Sale Recording Date: Mar 05, 2019
  • Previous Sale Contract Date: Mar 04, 2019
  • Previous Sale Amount: $148,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Mortgage Transaction Date: Jun 12, 2019
  • First Mortgage Loan Amount: $215,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jul 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: BRIDGE CAPITAL THRIFT & LOAN L
  • Previous Mortgage Transaction Date: Mar 05, 2019
  • Previous Mortgage Loan Amount: $210,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
2.5 Baths
-
$335,900 Nov 21, 2022
-
$270/mo
House
4 Beds
2 Baths
-
$319,000 Aug 6, 2022
-
-
House
3 Beds
2 Baths
-
$295,000 Jan 23, 2023
-
$262/mo
House
3 Beds
2 Baths
-
$335,000 Jan 9, 2023
-
$195/mo

About Concerned Citizens of Walnut Grove


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Frequently Asked Questions

When was property at 242 Locust Grove Drive built and last sold?
The property at 242 Locust Grove Drive was built in 1987 and last sold on Jun 10, 2019 for $215,000.
How much is this home worth?
The estimated value of the home located at 242 Locust Grove Drive is $282,699.
What are some comparable homes to 242 Locust Grove Drive?
Homes that are comparable to 242 Locust Grove Drive include a house property at 8653 Chris Suzanne Circle, 231 Leaf Trail Lane, 8710 Debbie Kay Lane.

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