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344 Clove Drive

344 Clove Drive, Memphis, TN 38117
Property in Shelby
1 Units For Sale
Unit for sale at 344 CLOVE, Memphis, TN 38117

$530,000

  • 3 Beds
  • 2.5 Baths
344 CLOVE #344, Memphis, TN 38117 Listing by Clara Yerger

344 Clove Drive in Memphis, TN was first built in 1974 and is 50 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 traditional style. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 344 Clove Drive has 2,328 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 8,027 square feet.

Learn more about the property and building on this page. For those who need parking, there is a attached garage. The garage is 506 sqft. There are a total of 2 available parking spaces. 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 materials we are unsure of. 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. 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, 344 Clove Drive was last sold in Aug 24, 2011 for $275,000. According to our calculations, that's $97.04 per sqft. Prior to that sales transaction, the property was sold for $197,000 in Jun 12, 1996. Current property owners are expected to pay $4,069 in taxes per year. The property on 344 Clove Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $66,800. To break that down further, the land itself was valued at $10,025. While improvements to the property were assessed at a total of $56,775. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Traditional
  • Exterior Walls Type: Other
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 506
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,027
  • Lot Size Depth Feet: 1,000
  • Total Building Area: 2,834
  • Gross Building Area: 2,834
  • Building Area: 2,328
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,328
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PECAN GROVE CONDOMINIUMS CUP
  • Land Acres: 0.184
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: ES CLOVE DR MD 06032960 SEE MAP GRID 141N

Ownership

  • Current Owner : MCCOMMON JOHN J
  • Current Owner 2: MCCOMMON CHRISTY
  • Previous Owner : CUMBERLAND TRUST & INVESTMENT COMPANY
  • Owner Before Previous Owner: CARR LOUISE NEILL
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Revocable Trust

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 008500

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 279-029
  • District: O
  • Parcel: 05-6004-A0-0047
  • Lot: 46
  • Municipality: MEMPHIS
  • Latitude: 35.1221
  • Longitude: -89.9039

    Address

  • Full Address: 344 Clove Dr
  • Address - House Number: 344
  • Address - Street Name: Clove
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Memphis
  • Carrier Code: C055
  • 4-Digit Zip Code: 4009
  • Zip Code: 38117

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,069

    Appraisal Valuation

  • Standard Deviation: 0.2487
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 64
  • Final Value: 394,617
  • High Value: 492,772
  • Low Value: 296,462

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $211,000
  • First Open Lien Mortgage Lender: BANKTENNESSEE
  • First Open Lien Mortgage Recording Date: Mar 24, 2021
  • First Open Lien Mortgage Loan Amount: $211,000
  • 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: Apr 01, 2051

    Market Valuation

  • Market Total Value: $267,200
  • Market Land Value: $40,100
  • Market Improvement Value: $227,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $66,800
  • Assessed Land Value: $10,025
  • Assessed Improvements Value: $56,775

    Sales

  • Current Sale Contract Date: Aug 24, 2011
  • Current Sale Recording Date: Sep 21, 2011
  • Current Sale Transaction ID: 1176649513
  • Current Sale Price: $275,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 11092597
  • Previous Sale Recording Date: Jun 13, 1996
  • Previous Sale Contract Date: Jun 12, 1996
  • Previous Sale Amount: $197,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FINANCIAL FSB
  • First Mortgage Transaction Date: Sep 21, 2011
  • First Mortgage Loan Amount: $247,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2041

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Frequently Asked Questions

What neighborhood is 344 Clove Drive located in?
The 344 Clove Drive is a located in the neighborhood of Shelby in Memphis, Memphis.
How many listings are currently for sale in 344 Clove Drive?
There is a listing currently on the market for sale.
What is the average sales price for listings in 344 Clove Drive?
The average sales price for units in 344 Clove Drive is $530,000 currently.

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