Check Availability

3232 West Lakewood Drive

3232 West Lakewood Drive, Memphis, TN 38128
Property in Lakewood Hills
Sold Aug 02, 2018
$128,900
$119,006 by Pinnacle Bank
Mortgage Due Aug 01, 2048
Sold May 06, 2011
$126,500
$101,200 by Iberiabank Mortgage Co
Mortgage Due May 01, 2026
3232 West Lakewood Drive in Memphis, TN was first built in 1968 and is 56 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 3232 West Lakewood Drive has 2,783 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. In total, the area measurement of the land is 98,550 square feet.

Learn more about the property and building on this page. There is a unknown. The home has a gable style roof made of composition shingle. For those who need parking, there is a carport. The garage is 329 sqft. There is one available parking space. 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 A. The condition of the building has been evaluated as average. 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. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 3232 West Lakewood Drive was last sold in Jul 31, 2018 for $128,900. According to our calculations, that's $46.32 per sqft. Prior to that sales transaction, the property was sold for $126,500 in Apr 29, 2011. Current property owners are expected to pay $2,782 in taxes per year. The property on 3232 West Lakewood Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $45,675. To break that down further, the land itself was valued at $16,175. While improvements to the property were assessed at a total of $29,500. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 329
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 98,550
  • Lot Size Frontage Feet: 3,300
  • Total Building Area: 2,783
  • Gross Building Area: 2,783
  • Building Area: 2,783
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,783
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 5TH ADDITION SUEDALE S/D
  • Land Acres: 2.262
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEE MAP GRID 94 I ES LAKEWOOD DR

Ownership

  • Current Owner : DICKERSON JOEL
  • Current Owner 2: DICKERSON ANDREA
  • Previous Owner : HAYES ELIZABETH S
  • Previous Owner 2: SHELTON ELIZABETH
  • Owner Before Previous Owner: WOODALL NADIA JAN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 020544

Zoning

  • Zoning: R-10

Geography

  • Assessors Map Reference: MB 033-007
  • District: O
  • Parcel: 08-4021-0-0053C
  • Lot: 1&2
  • Municipality: MEMPHIS
  • Latitude: 35.2136
  • Longitude: -89.9372

    Address

  • Full Address: 3232 W Lakewood Dr
  • Address - House Number: 3232
  • Street Direction: W
  • Address - Street Name: Lakewood
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Memphis
  • Carrier Code: C007
  • 4-Digit Zip Code: 4315
  • Zip Code: 38128

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,782

    Appraisal Valuation

  • Standard Deviation: 0.2632
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 62
  • Final Value: 245,242
  • High Value: 309,792
  • Low Value: 180,692

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $219,006
  • First Open Lien Mortgage Lender: PINNACLE BANK
  • First Open Lien Mortgage Recording Date: Aug 02, 2018
  • First Open Lien Mortgage Loan Amount: $119,006
  • 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, 2048
  • Second Open Lien Mortgage Lender: PINNACLE BANK
  • Second Open Lien Mortgage Recording Date: Apr 22, 2022
  • Second Open Lien Mortgage Financing Type: Adjustable Rate
  • Second Open Lien Mortgage Loan Amount: $100,000
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Mar 30, 2042

    Market Valuation

  • Market Total Value: $182,700
  • Market Land Value: $64,700
  • Market Improvement Value: $118,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $45,675
  • Assessed Land Value: $16,175
  • Assessed Improvements Value: $29,500

    Sales

  • Current Sale Contract Date: Jul 31, 2018
  • Current Sale Recording Date: Aug 02, 2018
  • Current Sale Transaction ID: 11489285486
  • Current Sale Price: $128,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 18078170
  • Previous Sale Recording Date: May 06, 2011
  • Previous Sale Contract Date: Apr 29, 2011
  • Previous Sale Amount: $126,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PINNACLE BANK
  • First Mortgage Transaction Date: Aug 02, 2018
  • First Mortgage Loan Amount: $119,006
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: IBERIABANK MORTGAGE CO
  • Previous Mortgage Transaction Date: May 06, 2011
  • Previous Mortgage Loan Amount: $101,200
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2026

About Frayser - Raleigh PD



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 2967 Old Austin Peay, Memphis, TN, 38128

$2,000 /mo

  • Studio
  • 0.5 Bath
2967 Old Austin Peay, Memphis, TN, 38128 Listing by Africa McCloy
Unit for rent at 5195 Wren, Memphis, TN, 38134

$1,920 /mo

  • 4 Beds
  • 2.5 Baths
5195 Wren, Memphis, TN, 38134 Listing by Jo Mathes

Frequently Asked Questions

What neighborhood is 3232 West Lakewood Drive located in?
The 3232 West Lakewood Drive is a located in the neighborhood of Lakewood Hills in Frayser - Raleigh PD, Memphis.
What is the average sales price for listings in 3232 West Lakewood Drive?
The average sales price for units in 3232 West Lakewood Drive is $0 currently.

Quantcast