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3108 Gramont Cove

3108 Gramont Cove, Memphis, TN 38119
House in Shelby
Sold Jul 09, 2018
$229,000
$138,058 by Caliber Home Loans Inc
Mortgage Due Sep 01, 2035
Sold May 30, 2017
$209,000
$198,550 by Patriot Bank
Mortgage Due Jun 01, 2047
3108 Gramont Cove in Memphis, TN was first built in 1980 and is 44 years old. Although, the building on the property was most recently renovated and altered in 2000. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a traditional style. There are a total of 1 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 3108 Gramont Cove has 2,900 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 650 ft and the linear feet between the front and back of the lot is 1,630. In total, the area measurement of the land is 21,000 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable style roof made of composition shingle. For those who need parking, there is a attached garage. The garage is 484 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. 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 a combination of material. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter 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, 3108 Gramont Cove sold most recently in Jul 2, 2018 for a total of $229,000. If you work out the math, that's approximately a cost of $67.67 per sqft. Before that, the property was also sold for $209,000 in May 25, 2017. 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 $3,545 in taxes each year. 3108 Gramont Cove was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $58,200. If we break it down further, the land itself was valued at $9,875. Improvements to the property, however, were assessed at a total of $48,325. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1980
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Traditional
  • Exterior Walls Type: Combination
  • 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: 484
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 21,000
  • Lot Size Depth Feet: 1,630
  • Lot Size Frontage Feet: 650
  • Total Building Area: 3,384
  • Gross Building Area: 3,384
  • Building Area: 2,900
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,900
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BRIERLIE
  • Land Acres: 0.482
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ES GRAMONT CV

Ownership

  • Current Owner : WILSON TERRANCE M
  • Current Owner 2: WILSON JUNKO
  • Previous Owner : CUMERS SCOTT
  • Previous Owner 2: CUMERS KAMA
  • Owner Before Previous Owner: FORD PAULA O
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 021334

Zoning

  • Zoning: R-10

Geography

  • Assessors Map Reference: MB 58-51
  • District: O
  • Parcel: 08-1087-0-0095
  • Lot: 196&197
  • Municipality: MEMPHIS
  • Latitude: 35.0637
  • Longitude: -89.8205

    Address

  • Full Address: 3108 Gramont Cv
  • Address - House Number: 3108
  • Address - Street Name: Gramont
  • Address - Suffix Type: Cv
  • State: TN
  • City Name: Memphis
  • Carrier Code: C086
  • 4-Digit Zip Code: 8912
  • Zip Code: 38119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,545

    Appraisal Valuation

  • Standard Deviation: 0.2416
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 336,523
  • High Value: 417,853
  • Low Value: 255,193

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $138,058
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Dec 16, 2020
  • First Open Lien Mortgage Loan Amount: $138,058
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2035

    Market Valuation

  • Market Total Value: $232,800
  • Market Land Value: $39,500
  • Market Improvement Value: $193,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $58,200
  • Assessed Land Value: $9,875
  • Assessed Improvements Value: $48,325

    Sales

  • Current Sale Contract Date: Jul 02, 2018
  • Current Sale Recording Date: Jul 09, 2018
  • Current Sale Transaction ID: 11480539871
  • Current Sale Price: $229,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 18068302
  • Previous Sale Recording Date: May 30, 2017
  • Previous Sale Contract Date: May 25, 2017
  • Previous Sale Amount: $209,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BRIGHTON BANK
  • First Mortgage Transaction Date: Jul 09, 2018
  • First Mortgage Loan Amount: $148,850
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: PATRIOT BANK
  • Previous Mortgage Transaction Date: May 30, 2017
  • Previous Mortgage Loan Amount: $198,550
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2047

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Frequently Asked Questions

What neighborhood is 3108 Gramont Cove located in?
The 3108 Gramont Cove is a house located in the neighborhood of Shelby in Memphis, Memphis.
What is the average sales price for listings in 3108 Gramont Cove?
The average sales price for units in 3108 Gramont Cove is $0 currently.

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