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399 Wellington Cove

399 Wellington Cove, Memphis, TN 38117
Townhouse in Shelby
Sold Aug 20, 2019
$340,880
$345,208 by First Tennessee Bank Na
Mortgage Due Sep 01, 2049
399 Wellington Cove 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 1988 and is 36 years old. The home has a total of 9 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 5 partial bathrooms in the home. The building has a total of 2 stories. In addition, 399 Wellington Cove has 3,359 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 1,050 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 5,217 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse 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. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 460 sqft. According to our sources, there are a total of 2 available parking spaces. 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 B by the local assessor. The building has a hip 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. 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, 399 Wellington Cove was last sold in Aug 15, 2019 for $340,880. According to our calculations, that's $89.26 per sqft. Current property owners are expected to pay $5,769 in taxes per year. The property on 399 Wellington Cove was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $94,700. To break that down further, the land itself was valued at $17,475. While improvements to the property were assessed at a total of $77,225. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

Attached Garage
Guest Parking
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 17
  • Building Condition: Average
  • Building Quality: B
  • Building Style: Townhouse
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 460
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,217
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 500
  • Total Building Area: 3,819
  • Gross Building Area: 3,819
  • Building Area: 3,359
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,359
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WELLINGTON PD FINAL PLAN
  • Land Acres: 0.12
  • Standard Land Use Code: Planned unit development (pud residential)
  • Legal Description 1: WS WELLINGTON CV (PD)

Ownership

  • Current Owner : SOUTHERN ROBERT NEIL
  • Current Owner 2: SOUTHERN ARLENE H
  • Previous Owner : TUAL BLANCHARD E
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: R-10

Geography

  • Assessors Map Reference: MB 118-035
  • District: O
  • Parcel: 05-6004-D0-0012
  • Lot: 10
  • Municipality: MEMPHIS
  • Latitude: 35.1202
  • Longitude: -89.9039

    Address

  • Full Address: 399 Wellington Cv
  • Address - House Number: 399
  • Address - Street Name: Wellington
  • Address - Suffix Type: Cv
  • State: TN
  • City Name: Memphis
  • Carrier Code: C055
  • 4-Digit Zip Code: 4000
  • Zip Code: 38117

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,769

    Appraisal Valuation

  • Standard Deviation: 0.2487
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 522,052
  • High Value: 651,904
  • Low Value: 392,200

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $345,208
  • First Open Lien Mortgage Lender: FIRST TENNESSEE BANK NA
  • First Open Lien Mortgage Recording Date: Aug 20, 2019
  • First Open Lien Mortgage Loan Amount: $345,208
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2049

    Market Valuation

  • Market Total Value: $378,800
  • Market Land Value: $69,900
  • Market Improvement Value: $308,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $94,700
  • Assessed Land Value: $17,475
  • Assessed Improvements Value: $77,225

    Sales

  • Current Sale Contract Date: Aug 15, 2019
  • Current Sale Recording Date: Aug 20, 2019
  • Current Sale Transaction ID: 11636785672
  • Current Sale Price: $340,880
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19084585

    Last Sale Mortgage

  • First Mortgage Lender: FIRST TENNESSEE BANK NA
  • First Mortgage Transaction Date: Aug 20, 2019
  • First Mortgage Loan Amount: $345,208
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Sep 01, 2049

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Nearby Rentals

Unit for rent at

$1,295 /mo

  • 2 Beds
  • 1 Bath
Listing by Manager
Unit for rent at

$1,250 /mo

  • 2 Beds
  • 1.5 Baths
  • 1,288 ft²
Listing by Manager
Unit for rent at

$1,425 /mo

  • 3 Beds
  • 1 Bath
  • 1,324 ft²
Listing by Manager
Unit for rent at

$1,315 /mo

  • 3 Beds
  • 1 Bath
  • 1,452 ft²
Listing by Manager
Unit for rent at

$1,295 /mo

  • 3 Beds
  • 1 Bath
  • 1,225 ft²
Listing by Manager
Unit for rent at

$1,255 /mo

  • 3 Beds
  • 1.5 Baths
  • 1,350 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 399 Wellington Cove located in?
The 399 Wellington Cove is a townhouse located in the neighborhood of Shelby in Memphis, Memphis.
What is the average sales price for listings in 399 Wellington Cove?
The average sales price for units in 399 Wellington Cove is $350,000 currently.

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