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4387 Davidcrest Drive

4387 Davidcrest Drive, Memphis, TN 38128
House in Shelby
Sold Jan 10, 2019
$71,000
$48,750 by Veritas Funding Llc
Mortgage Due Mar 01, 2036
Sold Nov 08, 2018
$35,000
$52,000 by Jvm Imvestments Co Lp
Mortgage Due May 07, 2019
Local assessors in Memphis, TN have categorized 4387 Davidcrest Drive as a residential type of property. The home was built in 1980 and is 44 years old. It was most recently renovated and altered in 1998. The property's lot size has been calculated to be 7,800 square feet. The linear feet between the front and back of the lot was measured at 1,200 ft and the front of the lot was measured at 650 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 4387 Davidcrest Drive has a total of 1,110 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a gable style roof that was made of composition shingle. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is 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, 4387 Davidcrest Drive was last sold in Jan 8, 2019 for $71,000. According to our calculations, that's $63.96 per sqft. Prior to that sales transaction, the property was sold for $35,000 in Nov 2, 2018. Current property owners are expected to pay $1,138 in taxes per year. The property on 4387 Davidcrest Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $18,675. To break that down further, the land itself was valued at $2,400. While improvements to the property were assessed at a total of $16,275. 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. 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!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Traditional
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,800
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,110
  • Gross Building Area: 1,110
  • Building Area: 1,110
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,110
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FAIRFIELD ESTATES 1ST ADDN
  • Land Acres: 0.179
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WS DAVIDCREST DR

Ownership

  • Current Owner : RHINEHART OGLE JASON
  • Current Owner 2: RHINEHART OGLE SARA
  • Previous Owner : FIRST PREMIER PROPERTIES LLC
  • Owner Before Previous Owner: NG WAI WAH
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jun 22, 2023

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 020521

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 51-22
  • District: O
  • Parcel: 09-0012-0-0007
  • Lot: 55
  • Municipality: MEMPHIS
  • Latitude: 35.2456
  • Longitude: -89.9558

    Address

  • Full Address: 4387 Davidcrest Dr
  • Address - House Number: 4387
  • Address - Street Name: Davidcrest
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Memphis
  • Carrier Code: C017
  • 4-Digit Zip Code: 1745
  • Zip Code: 38128

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,138

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 41,683
  • High Value: 60,640
  • Low Value: 22,725

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $48,750
  • First Open Lien Mortgage Lender: VERITAS FUNDING LLC
  • First Open Lien Mortgage Recording Date: Mar 15, 2021
  • First Open Lien Mortgage Loan Amount: $48,750
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2036

    Market Valuation

  • Market Total Value: $74,700
  • Market Land Value: $9,600
  • Market Improvement Value: $65,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $18,675
  • Assessed Land Value: $2,400
  • Assessed Improvements Value: $16,275

    Sales

  • Current Sale Contract Date: Jan 08, 2019
  • Current Sale Recording Date: Jan 10, 2019
  • Current Sale Transaction ID: 11558137806
  • Current Sale Price: $71,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19002959
  • Previous Sale Recording Date: Nov 08, 2018
  • Previous Sale Contract Date: Nov 02, 2018
  • Previous Sale Amount: $35,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GATEWAY MORTGAGE GROUP LLC
  • First Mortgage Transaction Date: Jan 10, 2019
  • First Mortgage Loan Amount: $58,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: JVM IMVESTMENTS CO LP
  • Previous Mortgage Transaction Date: Nov 08, 2018
  • Previous Mortgage Loan Amount: $52,000
  • Previous Mortgage Term: 5
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: May 07, 2019

About Memphis



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Frequently Asked Questions

What neighborhood is 4387 Davidcrest Drive located in?
The 4387 Davidcrest Drive is a house located in the neighborhood of Shelby in Memphis, Memphis.
What is the average sales price for listings in 4387 Davidcrest Drive?
The average sales price for units in 4387 Davidcrest Drive is $0 currently.

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