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4351 Shelbourne Drive

4351 Shelbourne Drive, Memphis, TN 38108
House in Shelby
Sold Oct 22, 2020
$118,000
$115,862 by Cogent Bank
Mortgage Due Nov 01, 2050
Sold May 21, 2020
$70,000
Buyer
Seller
4351 Shelbourne Drive 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 1951 and is 73 years old. However, we must point out that the home was most recently renovated and altered in 1986. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 4351 Shelbourne Drive has 1,560 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 1,400 ft and across the front of the lot is 850 ft. The area measurement of the land has been determined as 11,926 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. For the features and amenities located on the property. There is a carport for those who require parking. The garage measured 435 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 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 alum/vinyl siding. 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. 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, 4351 Shelbourne Drive was last sold in Oct 15, 2020 for $118,000. According to our calculations, that's $75.64 per sqft. Prior to that sales transaction, the property was sold for $70,000 in May 15, 2020. Current property owners are expected to pay $1,333 in taxes per year. The property on 4351 Shelbourne Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $21,875. To break that down further, the land itself was valued at $2,100. While improvements to the property were assessed at a total of $19,775. 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. 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.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

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • 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: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 435
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 11,926
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 850
  • Total Building Area: 1,560
  • Gross Building Area: 1,560
  • Building Area: 1,560
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,560
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LYNWOOD PARK
  • Land Acres: 0.274
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LAFLORA LEMARQUE
  • Previous Owner : GENE ROBERT
  • Owner Before Previous Owner: LEE LUCY K
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 009100

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 05-3104-0-0006
  • Lot: 7
  • Municipality: MEMPHIS
  • Latitude: 35.1673
  • Longitude: -89.9156

    Address

  • Full Address: 4351 Shelbourne Dr
  • Address - House Number: 4351
  • Address - Street Name: Shelbourne
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Memphis
  • Carrier Code: C016
  • 4-Digit Zip Code: 3747
  • Zip Code: 38108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,333

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 404,305
  • High Value: 588,186
  • Low Value: 220,423

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $140,677
  • First Open Lien Mortgage Lender: COGENT BANK
  • First Open Lien Mortgage Recording Date: Oct 22, 2020
  • First Open Lien Mortgage Loan Amount: $115,862
  • 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: Nov 01, 2050
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: Nov 02, 2023
  • Second Open Lien Mortgage Loan Amount: $24,815
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Sep 01, 2053

    Market Valuation

  • Market Total Value: $87,500
  • Market Land Value: $8,400
  • Market Improvement Value: $79,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $21,875
  • Assessed Land Value: $2,100
  • Assessed Improvements Value: $19,775

    Sales

  • Current Sale Contract Date: Oct 15, 2020
  • Current Sale Recording Date: Oct 22, 2020
  • Current Sale Transaction ID: 11793103677
  • Current Sale Price: $118,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20116221
  • Previous Sale Recording Date: May 21, 2020
  • Previous Sale Contract Date: May 15, 2020
  • Previous Sale Amount: $70,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COGENT BANK
  • First Mortgage Transaction Date: Oct 22, 2020
  • First Mortgage Loan Amount: $115,862
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2050

About Memphis



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Frequently Asked Questions

What neighborhood is 4351 Shelbourne Drive located in?
The 4351 Shelbourne Drive is a house located in the neighborhood of Shelby in Memphis, Memphis.
What is the average sales price for listings in 4351 Shelbourne Drive?
The average sales price for units in 4351 Shelbourne Drive is $129,900 currently.

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