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4488 Paula Drive

4488 Paula Drive, Memphis, TN 38116
Sold Oct 12, 2021
$176,500
$166,920 by Cogent Bank
Mortgage Due Sep 01, 2051
Sold Oct 02, 2019
$119,900
$108,700 by Bancorpsouth Bank
Mortgage Due Oct 01, 2049
Local assessors in Memphis, TN have categorized 4488 Paula Drive as a residential type of property. The home was built in 1961 and is 63 years old. It was most recently renovated and altered in 1990. The property's lot size has been calculated to be 16,399 square feet. The linear feet between the front and back of the lot was measured at 1,300 ft and the front of the lot was measured at 1,200 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 8 rooms in the home. Of these, 4 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 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 4488 Paula Drive has a total of 2,547 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. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. The garage on the property is 380 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 - A. The building has a gable style roof that was made of composition shingle. Lots of brick veneer were used in the construction of the exterior walls of the home. 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Aug 31, 2021 for $176,500. That's $69.30 per sqft. Prior to that sales transaction, the property was also sold in Sep 20, 2019 for $119,900. 4488 Paula Drive was last assessed in 2022. The total value of the property was assessed at $34,800. Specifically, the land the property is located on was valued at $4,875. While improvements on the property were assessed at a total of $29,925. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,120. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

Carport

Driveway

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

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: A
  • 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
  • Garage Type: Carport
  • Garage Square Area: 380
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 16,399
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 1,200
  • Total Building Area: 2,547
  • Gross Building Area: 2,547
  • Building Area: 2,547
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,547
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WHITEHAVEN GARDENS 3RD ADDN
  • Land Acres: 0.377
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ES PAULA DR COR PAULA CV NE

Ownership

  • Current Owner : WOODALL TAMAYA
  • Previous Owner : MOORE CARDELL T
  • Owner Before Previous Owner: MSE SUB 1 LLC
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 022131

Zoning

  • Zoning: R-10

Geography

  • District: O
  • Parcel: 07-9042-0-0059
  • Lot: 36
  • Municipality: MEMPHIS
  • Latitude: 35.0262
  • Longitude: -90.0105

    Address

  • Full Address: 4488 Paula Dr
  • Address - House Number: 4488
  • Address - Street Name: Paula
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Memphis
  • Carrier Code: C005
  • 4-Digit Zip Code: 7238
  • Zip Code: 38116

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,120

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 422,262
  • High Value: 614,310
  • Low Value: 230,213

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $166,920
  • First Open Lien Mortgage Lender: COGENT BANK
  • First Open Lien Mortgage Recording Date: Oct 12, 2021
  • First Open Lien Mortgage Loan Amount: $166,920
  • 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: Sep 01, 2051

    Market Valuation

  • Market Total Value: $139,200
  • Market Land Value: $19,500
  • Market Improvement Value: $119,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $34,800
  • Assessed Land Value: $4,875
  • Assessed Improvements Value: $29,925

    Sales

  • Current Sale Contract Date: Aug 31, 2021
  • Current Sale Recording Date: Oct 12, 2021
  • Current Sale Transaction ID: 11859069488
  • Current Sale Price: $176,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21128401
  • Previous Sale Recording Date: Oct 02, 2019
  • Previous Sale Contract Date: Sep 20, 2019
  • Previous Sale Amount: $119,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COGENT BANK
  • First Mortgage Transaction Date: Oct 12, 2021
  • First Mortgage Loan Amount: $166,920
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: BANCORPSOUTH BANK
  • Previous Mortgage Transaction Date: Oct 02, 2019
  • Previous Mortgage Loan Amount: $108,700
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2049

About Mc Kellar - Whitehaven-Levi PD



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Frequently Asked Questions

What neighborhood is 4488 Paula Drive located in?
The 4488 Paula Drive is a house located in the neighborhood of Mc Kellar - Whitehaven-Levi PD in Mc Kellar - Whitehaven-Levi PD, Memphis.
What is the average sales price for listings in 4488 Paula Drive?
The average sales price for units in 4488 Paula Drive is $0 currently.

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