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4244 Meadow Ridge Trail

4244 Meadow Ridge Trail, Memphis, TN 38141
Property in Shelby
Sold Feb 13, 2004
$89,000
$71,200 by First Franklin Financial Corp
Mortgage Due Feb 01, 2034
Sold Oct 24, 1997
$70,000
$68,000 by Victory Bank & Trust Company
Mortgage Due Oct 23, 2002
4244 Meadow Ridge Trail 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 1994 and is 30 years old. The home has a total of 5 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. The building has a total of 2 stories. In addition, 4244 Meadow Ridge Trail has 1,964 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 1,110 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 4,080 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. 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, 4244 Meadow Ridge Trail sold most recently in Jan 28, 2004 for a total of $89,000. If you work out the math, that's approximately a cost of $45.32 per sqft. Before that, the property was also sold for $70,000 in Oct 23, 1997. 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 $1,439 in taxes each year. 4244 Meadow Ridge Trail was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $23,625. If we break it down further, the land itself was valued at $3,750. Improvements to the property, however, were assessed at a total of $19,875. 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: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • 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: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,080
  • Lot Size Depth Feet: 1,110
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,964
  • Gross Building Area: 1,964
  • Building Area: 1,964
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,964
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MEADOW RIDGE SEC C
  • Land Acres: 0.094
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ES MEADOW RIDGE TL

Ownership

  • Current Owner : LONDON SHARON M
  • Previous Owner : HUTSON D SCOTT
  • Previous Owner 2: HUTSON DONALD L
  • Owner Before Previous Owner: JONES C MICHAEL
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 021746

Zoning

  • Zoning: RU-2

Geography

  • Assessors Map Reference: MB 143-60
  • District: O
  • Parcel: 09-3508-M0-0035
  • Lot: 75
  • Municipality: MEMPHIS
  • Latitude: 35.0329
  • Longitude: -89.8348

    Address

  • Full Address: 4244 Meadow Ridge Trl
  • Address - House Number: 4244
  • Address - Street Name: Meadow Ridge
  • Address - Suffix Type: Trl
  • State: TN
  • City Name: Memphis
  • Carrier Code: C029
  • 4-Digit Zip Code: 1310
  • Zip Code: 38141

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,439

    Appraisal Valuation

  • Standard Deviation: 0.2487
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 172,069
  • High Value: 214,869
  • Low Value: 129,270

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $89,000
  • First Open Lien Mortgage Lender: FIRST FRANKLIN FINANCIAL CORP
  • First Open Lien Mortgage Recording Date: Feb 13, 2004
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $71,200
  • 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: Feb 01, 2034
  • Second Open Lien Mortgage Recording Date: Feb 13, 2004
  • Second Open Lien Mortgage Loan Amount: $17,800
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Feb 01, 2034

    Market Valuation

  • Market Total Value: $94,500
  • Market Land Value: $15,000
  • Market Improvement Value: $79,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $23,625
  • Assessed Land Value: $3,750
  • Assessed Improvements Value: $19,875

    Sales

  • Current Sale Contract Date: Jan 28, 2004
  • Current Sale Recording Date: Feb 13, 2004
  • Current Sale Transaction ID: 1176172780
  • Current Sale Price: $89,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 04024762
  • Previous Sale Recording Date: Oct 24, 1997
  • Previous Sale Contract Date: Oct 23, 1997
  • Previous Sale Amount: $70,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST FRANKLIN FINANCIAL CORP
  • First Mortgage Transaction Date: Feb 13, 2004
  • First Mortgage Loan Amount: $71,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Feb 01, 2034
  • Second Mortgage Loan Amount: $17,800

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: VICTORY BANK & TRUST COMPANY
  • Previous Mortgage Transaction Date: Oct 24, 1997
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $68,000
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Due Date: Oct 23, 2002

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Frequently Asked Questions

What neighborhood is 4244 Meadow Ridge Trail located in?
The 4244 Meadow Ridge Trail is a located in the neighborhood of Shelby in Memphis, Memphis.
What is the average sales price for listings in 4244 Meadow Ridge Trail?
The average sales price for units in 4244 Meadow Ridge Trail is $0 currently.

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