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3848 Maritavia Drive

3848 Maritavia Drive, Memphis, TN 38127
Sold Jul 16, 2007
$75,000
$75,000 by Renasant Bank
Mortgage Due Jul 01, 2037
Sold Feb 02, 2007
$90,803
3848 Maritavia Drive in Memphis, TN was first built in 1960 and is 64 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 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 3848 Maritavia Drive has 2,242 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. The linear feet across the front of the lot is 1,110 ft and the linear feet between the front and back of the lot is 2,260. In total, the area measurement of the land is 18,062 square feet.

Learn more about the property and building on this page. There is a unknown and 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 400 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 A. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick veneer. 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. 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, 3848 Maritavia Drive sold most recently in Jun 25, 2007 for a total of $75,000. If you work out the math, that's approximately a cost of $33.45 per sqft. Before that, the property was also sold for $90,803 in Jan 19, 2007. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $1,599 in taxes each year. 3848 Maritavia Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $26,250. If we break it down further, the land itself was valued at $4,250. Improvements to the property, however, were assessed at a total of $22,000. 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. 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.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: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: A
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Partial basement
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 18,062
  • Lot Size Depth Feet: 2,260
  • Lot Size Frontage Feet: 1,110
  • Total Building Area: 2,242
  • Gross Building Area: 2,242
  • Building Area: 2,242
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,242
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GEORGIAN HILLS
  • Land Acres: 0.415
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ES MARITAVIA ST 156.505 FT S OF GEORGIAN DR

Ownership

  • Current Owner : BROWN BEN
  • Previous Owner : HOUSEHOLD FINANCIAL CENTER INC
  • Owner Before Previous Owner: CHAMBERS KARL D
  • Owner Before Previous Owner 2: CHAMBERS LASHONDIA R
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: SR

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 010002

Zoning

  • Zoning: R-10

Geography

  • District: O
  • Parcel: 07-1012-0-0033
  • Block: 1
  • Lot: 32
  • Municipality: MEMPHIS
  • Latitude: 35.2306
  • Longitude: -90.008

    Address

  • Full Address: 3848 Maritavia Dr
  • Address - House Number: 3848
  • Address - Street Name: Maritavia
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Memphis
  • Carrier Code: C031
  • 4-Digit Zip Code: 4321
  • Zip Code: 38127

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,599

    Appraisal Valuation

  • Standard Deviation: 0.2669
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 61
  • Final Value: 136,416
  • High Value: 172,828
  • Low Value: 100,004

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $75,000
  • First Open Lien Mortgage Lender: RENASANT BANK
  • First Open Lien Mortgage Recording Date: Jul 16, 2007
  • First Open Lien Mortgage Loan Amount: $75,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2037

    Market Valuation

  • Market Total Value: $105,000
  • Market Land Value: $17,000
  • Market Improvement Value: $88,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $26,250
  • Assessed Land Value: $4,250
  • Assessed Improvements Value: $22,000

    Sales

  • Current Sale Contract Date: Jun 25, 2007
  • Current Sale Recording Date: Jul 16, 2007
  • Current Sale Transaction ID: 1176500678
  • Current Sale Price: $75,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 07109254
  • Previous Sale Recording Date: Feb 02, 2007
  • Previous Sale Contract Date: Jan 19, 2007
  • Previous Sale Amount: $90,803
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: RENASANT BANK
  • First Mortgage Transaction Date: Jul 16, 2007
  • First Mortgage Loan Amount: $75,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jul 01, 2037

About Frayser - Raleigh PD



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Frequently Asked Questions

What neighborhood is 3848 Maritavia Drive located in?
The 3848 Maritavia Drive is a located in the neighborhood of Frayser - Raleigh PD in Frayser - Raleigh PD, Memphis.
What is the average sales price for listings in 3848 Maritavia Drive?
The average sales price for units in 3848 Maritavia Drive is $0 currently.

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