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4247 Park Forest Drive

4247 Park Forest Drive, Memphis, TN 38141
Property in Shelby
Sold Apr 12, 2011
$78,000
$76,022 by Mortgage Investors Group Inc
Mortgage Due Apr 01, 2041
4247 Park Forest Drive in Memphis, TN was first built in 1975 and is 49 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 traditional style. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 4247 Park Forest Drive has 1,392 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 750 ft and the linear feet between the front and back of the lot is 1,200. In total, the area measurement of the land is 9,000 square feet.

Learn more about the property and building on this page. There is a unknown. The home has a gable style roof made of composition shingle. For those who need parking, there is a attached garage. The garage is 469 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 D. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter 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, 4247 Park Forest Drive sold most recently in Mar 31, 2011 for a total of $78,000. If you work out the math, that's approximately a cost of $41.91 per sqft. 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 $1,834 in taxes each year. 4247 Park Forest Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $30,100. If we break it down further, the land itself was valued at $3,625. Improvements to the property, however, were assessed at a total of $26,475. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • 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: 469
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,000
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,861
  • Gross Building Area: 1,861
  • Building Area: 1,392
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,392
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GREEN GROVE SEC A
  • Land Acres: 0.207
  • Standard Land Use Code: Single family residential
  • Legal Description 1: W S PARK FOREST DR

Ownership

  • Current Owner : TURNER SHELLY
  • Previous Owner : EDWARDS PAUL L
  • Previous Owner 2: EDWARDS VICKKI V
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 021760

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 53-10
  • District: O
  • Parcel: 09-3510-A0-0050
  • Lot: 25
  • Municipality: MEMPHIS
  • Latitude: 35.0327
  • Longitude: -89.8529

    Address

  • Full Address: 4247 Park Forest Dr
  • Address - House Number: 4247
  • Address - Street Name: Park Forest
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Memphis
  • Carrier Code: C029
  • 4-Digit Zip Code: 7126
  • Zip Code: 38141

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,834

    Appraisal Valuation

  • Standard Deviation: 0.257
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 63
  • Final Value: 189,986
  • High Value: 238,825
  • Low Value: 141,147

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $81,249
  • First Open Lien Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Open Lien Mortgage Recording Date: Apr 12, 2011
  • First Open Lien Mortgage Loan Amount: $76,022
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2041
  • Second Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • Second Open Lien Mortgage Recording Date: Nov 18, 2022
  • Second Open Lien Mortgage Loan Amount: $5,227
  • Second Open Lien Mortgage Term: 478
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2062

    Market Valuation

  • Market Total Value: $120,400
  • Market Land Value: $14,500
  • Market Improvement Value: $105,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $30,100
  • Assessed Land Value: $3,625
  • Assessed Improvements Value: $26,475

    Sales

  • Current Sale Contract Date: Mar 31, 2011
  • Current Sale Recording Date: Apr 12, 2011
  • Current Sale Transaction ID: 1176170968
  • Current Sale Price: $78,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 11036395

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Mortgage Transaction Date: Apr 12, 2011
  • First Mortgage Loan Amount: $76,022
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2041

About Memphis



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Frequently Asked Questions

What neighborhood is 4247 Park Forest Drive located in?
The 4247 Park Forest Drive is a located in the neighborhood of Shelby in Memphis, Memphis.
What is the average sales price for listings in 4247 Park Forest Drive?
The average sales price for units in 4247 Park Forest Drive is $0 currently.

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