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3561 West Big Bend Drive

3561 West Big Bend Drive, Memphis, TN 38116
Sold Jan 23, 2023
$105,000
$138,750 by Bpl Mortgage Trust Llc
Mortgage Due Jun 01, 2053
Sold Apr 30, 2019
$78,000
$78,000 by Cogent Bank
Mortgage Due May 01, 2049
3561 West Big Bend Drive has been categorized by the local assessors in Memphis, TN as a residential type of property. The building on the property was first built in 1963 and is 61 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 3561 West Big Bend Drive has 1,418 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 2,290 ft and across the front of the lot is 800 ft. The area measurement of the land has been determined as 18,172 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a traditional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of brick veneer. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery 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, 3561 West Big Bend Drive sold most recently in Jan 20, 2023 for a total of $105,000. If you work out the math, that's approximately a cost of $74.05 per sqft. Before that, the property was also sold for $78,000 in Apr 12, 2019. 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 $1,500 in taxes each year. 3561 West Big Bend Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $24,625. If we break it down further, the land itself was valued at $3,625. Improvements to the property, however, were assessed at a total of $21,000. 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. 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!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: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • 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
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 18,172
  • Lot Size Depth Feet: 2,290
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,418
  • Gross Building Area: 1,418
  • Building Area: 1,418
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,418
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CANADA GARDENS
  • Land Acres: 0.417
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : AMBER SUNRISE LLC
  • Previous Owner : BROWN MONIQUE
  • Previous Owner 2: BROWN BRANDON
  • Owner Before Previous Owner: BROOKS WALKER DEBORAH S
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 022026

Zoning

  • Zoning: R-8

Geography

  • Assessors Map Reference: MAP 23 13
  • District: O
  • Parcel: 07-8028-0-0037
  • Lot: 416
  • Municipality: MEMPHIS
  • Latitude: 35.0516
  • Longitude: -89.9995

    Address

  • Full Address: 3561 W Big Bend Dr
  • Address - House Number: 3561
  • Street Direction: W
  • Address - Street Name: Big Bend
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Memphis
  • Carrier Code: C046
  • 4-Digit Zip Code: 4903
  • Zip Code: 38116

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,500

    Appraisal Valuation

  • Standard Deviation: 0.2487
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 164,421
  • High Value: 205,318
  • Low Value: 123,524

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $138,750
  • First Open Lien Mortgage Lender: BPL MORTGAGE TRUST LLC
  • First Open Lien Mortgage Recording Date: Jun 02, 2023
  • First Open Lien Mortgage Loan Amount: $138,750
  • 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: Jun 01, 2053

    Market Valuation

  • Market Total Value: $98,500
  • Market Land Value: $14,500
  • Market Improvement Value: $84,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $24,625
  • Assessed Land Value: $3,625
  • Assessed Improvements Value: $21,000

    Sales

  • Current Sale Contract Date: Jan 20, 2023
  • Current Sale Recording Date: Jan 23, 2023
  • Current Sale Transaction ID: 11901084695
  • Current Sale Price: $105,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 6179
  • Previous Sale Recording Date: Apr 30, 2019
  • Previous Sale Contract Date: Apr 12, 2019
  • Previous Sale Amount: $78,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: VOTEFORCE LLC
  • First Mortgage Transaction Date: Jan 23, 2023
  • First Mortgage Loan Amount: $100,000
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2024

    Previous Mortgages

  • Previous Mortgage Lender: COGENT BANK
  • Previous Mortgage Transaction Date: Apr 30, 2019
  • Previous Mortgage Loan Amount: $78,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2049

About Mc Kellar - Whitehaven-Levi PD



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1156 Meadowlark Lane #1156 Meadowlark Lane, Memphis, TN, 38116 Listing by Manager

Frequently Asked Questions

What neighborhood is 3561 West Big Bend Drive located in?
The 3561 West Big Bend Drive is a located in the neighborhood of Mc Kellar - Whitehaven-Levi PD in Mc Kellar - Whitehaven-Levi PD, Memphis.
What is the average sales price for listings in 3561 West Big Bend Drive?
The average sales price for units in 3561 West Big Bend Drive is $0 currently.

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