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3175 Northwood Drive

3175 Northwood Drive, Memphis, TN 38111
Sold Oct 19, 2018
$93,000
Sold Sep 09, 2015
$31,000
$26,000 by Rei Capital Llc
Mortgage Due Sep 04, 2016
Local assessors in Memphis, TN have categorized 3175 Northwood Drive as a residential type of property. The home was built in 1946 and is 78 years old. The property's lot size has been calculated to be 11,856 square feet. The linear feet between the front and back of the lot was measured at 1,700 ft and the front of the lot was measured at 420 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 5 rooms in the home. Of these, 2 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 is one full bathroom. There is also a partial bathroom. 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 3175 Northwood Drive has a total of 986 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 252 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 - D. The building has a gable style roof that was made of composition shingle. Lots of brick veneer 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. 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, 3175 Northwood Drive sold most recently in Oct 17, 2018 for a total of $93,000. If you work out the math, that's approximately a cost of $75.12 per sqft. Before that, the property was also sold for $31,000 in Sep 4, 2015. 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 $1,453 in taxes each year. 3175 Northwood Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $23,850. If we break it down further, the land itself was valued at $5,150. Improvements to the property, however, were assessed at a total of $18,700. 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. 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: 1946
  • Effective Year Built: 1946
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • 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: 252
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 11,856
  • Lot Size Depth Feet: 1,700
  • Lot Size Frontage Feet: 420
  • Total Building Area: 1,238
  • Gross Building Area: 1,238
  • Building Area: 986
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 986
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NORTH POPLAR PARK
  • Land Acres: 0.272
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SS NORTHWOOD DRIVE SEE MAP G-18

Ownership

  • Current Owner : GILBERT BAILEY M
  • Previous Owner : T & S REAL ESTATE LLC
  • Owner Before Previous Owner: BURGESS BRUCE B
  • Owner Before Previous Owner 2: MILLER LINDSEY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 003000

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 12-7
  • District: O
  • Parcel: 04-4013-0-0010
  • Lot: 35
  • Municipality: MEMPHIS
  • Latitude: 35.1353
  • Longitude: -89.9557

    Address

  • Full Address: 3175 Northwood Dr
  • Address - House Number: 3175
  • Address - Street Name: Northwood
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Memphis
  • Carrier Code: C090
  • 4-Digit Zip Code: 3659
  • Zip Code: 38111

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,453

    Appraisal Valuation

  • Standard Deviation: 0.4382
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 12
  • Final Value: 92,766
  • High Value: 133,422
  • Low Value: 52,109

    Market Valuation

  • Market Total Value: $95,400
  • Market Land Value: $20,600
  • Market Improvement Value: $74,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $23,850
  • Assessed Land Value: $5,150
  • Assessed Improvements Value: $18,700

    Sales

  • Current Sale Contract Date: Oct 17, 2018
  • Current Sale Recording Date: Oct 19, 2018
  • Current Sale Transaction ID: 11521700712
  • Current Sale Price: $93,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 18108023
  • Previous Sale Recording Date: Sep 09, 2015
  • Previous Sale Contract Date: Sep 04, 2015
  • Previous Sale Amount: $31,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE INVESTMENT GROUP
  • First Mortgage Transaction Date: Oct 19, 2018
  • First Mortgage Loan Amount: $86,487
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: REI CAPITAL LLC
  • Previous Mortgage Transaction Date: Sep 09, 2015
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $26,000
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Sep 04, 2016

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Frequently Asked Questions

What neighborhood is 3175 Northwood Drive located in?
The 3175 Northwood Drive is a house located in the neighborhood of Binghampton-Lester in Jackson - University Area, Memphis.
What is the average sales price for listings in 3175 Northwood Drive?
The average sales price for units in 3175 Northwood Drive is $0 currently.

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