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3822 Northwood Drive

3822 Northwood Drive, Memphis, TN 38111
House in Shelby
Sold Mar 05, 2021
$710,000
$548,250 by Bank3
Mortgage Due Apr 01, 2051
Sold Jul 30, 2018
$635,000
$410,000 by Financial Federal Bank
Mortgage Due Aug 01, 2048
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Local assessors in Memphis, TN have categorized 3822 Northwood Drive as a residential type of property. The home was built in 1950 and is 74 years old. It was most recently renovated and altered in 1985. The property's lot size has been calculated to be 16,854 square feet. The linear feet between the front and back of the lot was measured at 1,770 ft and the front of the lot was measured at 960 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 7 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 3 full bathrooms. There are also 4 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 3822 Northwood Drive has a total of 4,358 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 696 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 both a unknown and a unknown so you'll have great options in both the front and back 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 3822 Northwood Drive sold most recently in Mar 4, 2021 for a total of $710,000. If you work out the math, that's approximately a cost of $140.48 per sqft. Before that, the property was also sold for $635,000 in Jul 30, 2018. 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 $10,210 in taxes each year. 3822 Northwood Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $167,600. If we break it down further, the land itself was valued at $20,325. Improvements to the property, however, were assessed at a total of $147,275. 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: 1950
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 12
  • 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: 696
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 16,854
  • Lot Size Depth Feet: 1,770
  • Lot Size Frontage Feet: 960
  • Total Building Area: 5,054
  • Gross Building Area: 5,054
  • Building Area: 4,358
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,358
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WOODLANDS
  • Land Acres: 0.387
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NS NORTHWOOD DR PART OF LOT 53 SEE MAP G-20 (TILE #20)

Ownership

  • Current Owner : NEAL LARRY HUGHES
  • Current Owner 2: NEAL WHITNEY LONG
  • Previous Owner : COUCH CHASE S
  • Previous Owner 2: COUCH VIRGINIA P
  • Owner Before Previous Owner: MCALLISTER THOAMS L
  • Owner Before Previous Owner 2: MCALLISTER COURTENAY D
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 002900

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 11-32
  • District: O
  • Parcel: 04-4107-0-0027
  • Lot: 52
  • Municipality: MEMPHIS
  • Latitude: 35.1345
  • Longitude: -89.9341

    Address

  • Full Address: 3822 Northwood Dr
  • Address - House Number: 3822
  • Address - Street Name: Northwood
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Memphis
  • Carrier Code: C074
  • 4-Digit Zip Code: 6925
  • Zip Code: 38111

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,210

    Appraisal Valuation

  • Standard Deviation: 0.2281
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 68
  • Final Value: 779,793
  • High Value: 957,700
  • Low Value: 601,886

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $638,290
  • First Open Lien Mortgage Lender: BANK3
  • First Open Lien Mortgage Recording Date: Mar 15, 2021
  • First Open Lien Mortgage Loan Amount: $548,250
  • 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
  • Second Open Lien Mortgage Lender: BANK3
  • Second Open Lien Mortgage Recording Date: Mar 16, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $90,040
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $670,400
  • Market Land Value: $81,300
  • Market Improvement Value: $589,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $167,600
  • Assessed Land Value: $20,325
  • Assessed Improvements Value: $147,275

    Sales

  • Current Sale Contract Date: Mar 04, 2021
  • Current Sale Recording Date: Mar 05, 2021
  • Current Sale Transaction ID: 11822789456
  • Current Sale Price: $710,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21026150
  • Previous Sale Recording Date: Jul 30, 2018
  • Previous Sale Contract Date: Jul 30, 2018
  • Previous Sale Amount: $635,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK3
  • First Mortgage Transaction Date: Mar 05, 2021
  • First Mortgage Loan Amount: $548,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: FINANCIAL FEDERAL BANK
  • Previous Mortgage Transaction Date: Jul 30, 2018
  • Previous Mortgage Loan Amount: $410,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2048

About Memphis



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Frequently Asked Questions

What neighborhood is 3822 Northwood Drive located in?
The 3822 Northwood Drive is a house located in the neighborhood of Shelby in Memphis, Memphis.
What is the average sales price for listings in 3822 Northwood Drive?
The average sales price for units in 3822 Northwood Drive is $0 currently.

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