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3790 North Lakewood Drive

3790 North Lakewood Drive, Memphis, TN 38128
Sold Sep 11, 2020
$160,000
$152,000 by Community Mortgage Corp
Mortgage Due Oct 01, 2050
Local assessors in Memphis, TN have categorized 3790 North Lakewood Drive as a residential type of property. The home was built in 1955 and is 69 years old. The property's lot size has been calculated to be 53,141 square feet. The linear feet between the front and back of the lot was measured at 3,020 ft and the front of the lot was measured at 1,890 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 9 rooms in the home. Of these, 3 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 are 2 full bathrooms. There are also 2 partial bathrooms. 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 3790 North Lakewood Drive has a total of 2,729 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 carport for those who need a place to park their vehicle. The garage on the property is 414 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 - A. The building has a hip 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Sep 8, 2020 for $160,000. That's $58.63 per sqft. 3790 North Lakewood Drive was last assessed in 2022. The total value of the property was assessed at $38,325. Specifically, the land the property is located on was valued at $9,525. While improvements on the property were assessed at a total of $28,800. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,335. 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! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

Carport
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: A
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 414
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 53,141
  • Lot Size Depth Feet: 3,020
  • Lot Size Frontage Feet: 1,890
  • Total Building Area: 2,729
  • Gross Building Area: 2,729
  • Building Area: 2,729
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,729
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKEWOOD HILLS 1ST ADDN
  • Land Acres: 1.22
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NS LAKEWOOD DR

Ownership

  • Current Owner : ST ANGE MELISSA RENEE
  • Previous Owner : EDWARDS WALTER E
  • Previous Owner 2: EDWARDS MARTHA JANE
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: R-10

Geography

  • Assessors Map Reference: MB 14-33
  • District: O
  • Parcel: 08-4010-0-0094
  • Lot: PT84
  • Municipality: MEMPHIS
  • Latitude: 35.2182
  • Longitude: -89.9372

    Address

  • Full Address: 3790 N Lakewood Dr
  • Address - House Number: 3790
  • Street Direction: N
  • Address - Street Name: Lakewood
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Memphis
  • Carrier Code: C007
  • 4-Digit Zip Code: 4307
  • Zip Code: 38128

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,335

    Appraisal Valuation

  • Standard Deviation: 0.2632
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 62
  • Final Value: 225,244
  • High Value: 284,531
  • Low Value: 165,958

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $162,000
  • First Open Lien Mortgage Lender: COMMUNITY MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Sep 11, 2020
  • First Open Lien Mortgage Loan Amount: $152,000
  • 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: Oct 01, 2050
  • Second Open Lien Mortgage Lender: CITY OF MEMPHIS
  • Second Open Lien Mortgage Recording Date: Sep 11, 2020
  • Second Open Lien Mortgage Loan Amount: $10,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage

    Market Valuation

  • Market Total Value: $153,300
  • Market Land Value: $38,100
  • Market Improvement Value: $115,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $38,325
  • Assessed Land Value: $9,525
  • Assessed Improvements Value: $28,800

    Sales

  • Current Sale Contract Date: Sep 08, 2020
  • Current Sale Recording Date: Sep 11, 2020
  • Current Sale Transaction ID: 11786170030
  • Current Sale Price: $160,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20098050

    Last Sale Mortgage

  • First Mortgage Lender: COMMUNITY MORTGAGE CORP
  • First Mortgage Transaction Date: Sep 11, 2020
  • First Mortgage Loan Amount: $152,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

About Frayser - Raleigh PD



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Frequently Asked Questions

What neighborhood is 3790 North Lakewood Drive located in?
The 3790 North Lakewood Drive is a house located in the neighborhood of Springhill Community Civic Club in Frayser - Raleigh PD, Memphis.
What is the average sales price for listings in 3790 North Lakewood Drive?
The average sales price for units in 3790 North Lakewood Drive is $0 currently.

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