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2587 Surrey Wood Drive

2587 Surrey Wood Drive, Memphis, TN 38134
Property in Surrey Woods
Sold Sep 23, 2022
$349,900
$279,920 by Bank Of Bartlett
Mortgage Due Oct 01, 2052
Sold Nov 03, 2020
$275,000
$270,019 by Bartlett Mortgage Inc
Mortgage Due Nov 01, 2050
Local assessors in Memphis, TN have categorized 2587 Surrey Wood Drive as a residential type of property. The home was built in 1976 and is 48 years old. It was most recently renovated and altered in 2000. The property's lot size has been calculated to be 10,995 square feet. The linear feet between the front and back of the lot was measured at 1,190 ft and the front of the lot was measured at 930 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2587 Surrey Wood Drive has a total of 4,212 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. The garage on the property is 440 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - A. The building has a gable style roof that was made of composition shingle. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 2587 Surrey Wood Drive sold most recently in Sep 20, 2022 for a total of $349,900. If you work out the math, that's approximately a cost of $83.07 per sqft. Before that, the property was also sold for $275,000 in Oct 27, 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 $3,524 in taxes each year. 2587 Surrey Wood Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $68,825. If we break it down further, the land itself was valued at $10,125. Improvements to the property, however, were assessed at a total of $58,700. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Features

Driveway

Driveway

Parking

Gated Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: A
  • Building Style: Traditional
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,995
  • Lot Size Depth Feet: 1,190
  • Lot Size Frontage Feet: 930
  • Total Building Area: 4,212
  • Gross Building Area: 4,212
  • Building Area: 4,212
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,212
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SURREY WOODS
  • Land Acres: 0.252
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WS SURREY WOOD DR

Ownership

  • Current Owner : THOMAS ROBERT J
  • Current Owner 2: THOMAS NATALIE R
  • Previous Owner : RIEGLER NICHOLAS W
  • Previous Owner 2: RIEGLER GEORGIANA
  • Owner Before Previous Owner: ESTATE OF WILLIAM WERKHOVEN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Bartlett City School District
  • Census Tract: 020622

Zoning

  • Zoning: RS-10

Geography

  • Assessors Map Reference: MB 47-16
  • District: B
  • Parcel: B0-157E-A0-0030
  • Lot: 27
  • Municipality: BARTLETT
  • Latitude: 35.1961
  • Longitude: -89.8654

    Address

  • Full Address: 2587 Surrey Wood Dr
  • Address - House Number: 2587
  • Address - Street Name: Surrey Wood
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Bartlett
  • Carrier Code: C010
  • 4-Digit Zip Code: 5522
  • Zip Code: 38134

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,524

    Appraisal Valuation

  • Standard Deviation: 0.2356
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 379,989
  • High Value: 469,524
  • Low Value: 290,454

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $279,920
  • First Open Lien Mortgage Lender: BANK OF BARTLETT
  • First Open Lien Mortgage Recording Date: Sep 23, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $279,920
  • 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, 2052

    Market Valuation

  • Market Total Value: $275,300
  • Market Land Value: $40,500
  • Market Improvement Value: $234,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $68,825
  • Assessed Land Value: $10,125
  • Assessed Improvements Value: $58,700

    Sales

  • Current Sale Contract Date: Sep 20, 2022
  • Current Sale Recording Date: Sep 23, 2022
  • Current Sale Transaction ID: 11896260639
  • Current Sale Price: $349,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 107503
  • Previous Sale Recording Date: Nov 03, 2020
  • Previous Sale Contract Date: Oct 27, 2020
  • Previous Sale Amount: $275,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF BARTLETT
  • First Mortgage Transaction Date: Sep 23, 2022
  • First Mortgage Loan Amount: $279,920
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: BARTLETT MORTGAGE INC
  • Previous Mortgage Transaction Date: Nov 03, 2020
  • Previous Mortgage Loan Amount: $270,019
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Nov 01, 2050

About Surrey Woods



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Frequently Asked Questions

What neighborhood is 2587 Surrey Wood Drive located in?
The 2587 Surrey Wood Drive is a located in the neighborhood of Surrey Woods in Surrey Woods, Memphis.
What is the average sales price for listings in 2587 Surrey Wood Drive?
The average sales price for units in 2587 Surrey Wood Drive is $0 currently.

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