Check Availability

2767 Misty Valley Drive

2767 Misty Valley Drive, Arlington, TN 38002
Property in Shelby
Sold Jul 16, 2001
$121,900
$120,016 by Community Mtg Corp
Mortgage Due Aug 01, 2031
Local assessors in Arlington, TN have categorized 2767 Misty Valley Drive as a residential type of property. The home was built in 2001 and is 23 years old. The property's lot size has been calculated to be 5,370 square feet. The linear feet between the front and back of the lot was measured at 1,193 ft and the front of the lot was measured at 454 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 6 rooms in the home. Of these, 3 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 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2767 Misty Valley Drive has a total of 1,419 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 attached garage 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 both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. 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 - D. Lots of a combination of material 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, 2767 Misty Valley Drive sold most recently in Jul 6, 2001 for a total of $121,900. If you work out the math, that's approximately a cost of $65.57 per sqft. 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 $2,365 in taxes each year. The initial year of tax delinquency occurred in 2022. 2767 Misty Valley Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $38,825. If we break it down further, the land itself was valued at $7,500. Improvements to the property, however, were assessed at a total of $31,325. 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 possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Traditional
  • Exterior Walls Type: Combination
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,370
  • Lot Size Depth Feet: 1,193
  • Lot Size Frontage Feet: 454
  • Total Building Area: 1,859
  • Gross Building Area: 1,859
  • Building Area: 1,419
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,419
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MORNING SUN PD AREA C PH 1
  • Land Acres: 0.123
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WS MISTY VALLEY LN SEE MAP D2-03CF WS MISTY VALLEY LN

Ownership

  • Current Owner : LEWIS HOWARD D
  • Previous Owner : WEAVER INVESTMENTS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 021021

Zoning

  • Zoning: CA

Geography

  • Assessors Map Reference: MB 191-49
  • District: O
  • Parcel: 09-6203-F0-0172
  • Lot: 172
  • Municipality: MEMPHIS
  • Latitude: 35.2012
  • Longitude: -89.7373

    Address

  • Full Address: 2767 Misty Valley Dr
  • Address - House Number: 2767
  • Address - Street Name: Misty Valley
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Arlington
  • Carrier Code: R011
  • 4-Digit Zip Code: 8234
  • Zip Code: 38002

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,365
  • Intital Tax Deliquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2487
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 239,967
  • High Value: 299,656
  • Low Value: 180,279

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $120,016
  • First Open Lien Mortgage Lender: COMMUNITY MTG CORP
  • First Open Lien Mortgage Recording Date: Jul 16, 2001
  • First Open Lien Mortgage Loan Amount: $120,016
  • 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: Aug 01, 2031

    Market Valuation

  • Market Total Value: $155,300
  • Market Land Value: $30,000
  • Market Improvement Value: $125,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $38,825
  • Assessed Land Value: $7,500
  • Assessed Improvements Value: $31,325

    Sales

  • Current Sale Contract Date: Jul 06, 2001
  • Current Sale Recording Date: Jul 16, 2001
  • Current Sale Transaction ID: 1176112729
  • Current Sale Price: $121,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: LD-9688

    Last Sale Mortgage

  • First Mortgage Lender: COMMUNITY MTG CORP
  • First Mortgage Transaction Date: Jul 16, 2001
  • First Mortgage Loan Amount: $120,016
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2031

About Memphis



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 3089 Woodland Crest, Lakeland, TN, 38002

$2,195 /mo

  • 4 Beds
  • 2 Baths
3089 Woodland Crest, Lakeland, TN, 38002 Listing by Janie Courser

Frequently Asked Questions

What neighborhood is 2767 Misty Valley Drive located in?
The 2767 Misty Valley Drive is a located in the neighborhood of Shelby in Memphis, Arlington.
What is the average sales price for listings in 2767 Misty Valley Drive?
The average sales price for units in 2767 Misty Valley Drive is $0 currently.

Quantcast