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4516 Paula Drive

4516 Paula Drive, Memphis, TN 38116
Sold Jan 04, 2019
$119,900
Sold Mar 08, 2017
$70,455
4516 Paula 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 1961 and is 63 years old. However, we must point out that the home was most recently renovated and altered in 1990. The home has a total of 6 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 4516 Paula Drive has 2,412 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 2,670 ft and across the front of the lot is 1,060 ft. The area measurement of the land has been determined as 24,921 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 361 sqft. According to our sources, there is one available parking space. 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 and being fueled with gas. 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, 4516 Paula Drive sold most recently in Dec 26, 2018 for a total of $119,900. If you work out the math, that's approximately a cost of $49.71 per sqft. Before that, the property was also sold for $70,455 in Jan 4, 2017. 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 $1,904 in taxes each year. The initial year of tax delinquency occurred in 2022. 4516 Paula Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $31,250. If we break it down further, the land itself was valued at $5,400. Improvements to the property, however, were assessed at a total of $25,850. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1961
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • 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
  • Garage Type: Carport
  • Garage Square Area: 361
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 24,921
  • Lot Size Depth Feet: 2,670
  • Lot Size Frontage Feet: 1,060
  • Total Building Area: 2,412
  • Gross Building Area: 2,412
  • Building Area: 2,412
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,412
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WHITEHAVEN GARDENS 3RD ADDN
  • Land Acres: 0.572
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ES PAULA DR 114.81 FT S OF PAULA CV

Ownership

  • Current Owner : THOMAS CORTEZ M
  • Current Owner 2: PERKINS BRANDY E
  • Previous Owner : MSE SUB I LLC
  • Owner Before Previous Owner: US BANK TRUST NA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Right of Survivorship

Neighborhood

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

Zoning

  • Zoning: R-10

Geography

  • Assessors Map Reference: MB 23-50
  • District: O
  • Parcel: 07-9042-0-0054
  • Lot: 41
  • Municipality: MEMPHIS
  • Latitude: 35.0254
  • Longitude: -90.0105

    Address

  • Full Address: 4516 Paula Dr
  • Address - House Number: 4516
  • Address - Street Name: Paula
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Memphis
  • Carrier Code: C005
  • 4-Digit Zip Code: 7254
  • Zip Code: 38116

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,904
  • Intital Tax Deliquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 124,944
  • High Value: 181,769
  • Low Value: 68,118

    Market Valuation

  • Market Total Value: $125,000
  • Market Land Value: $21,600
  • Market Improvement Value: $103,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $31,250
  • Assessed Land Value: $5,400
  • Assessed Improvements Value: $25,850

    Sales

  • Current Sale Contract Date: Dec 26, 2018
  • Current Sale Recording Date: Jan 04, 2019
  • Current Sale Transaction ID: 11548663819
  • Current Sale Price: $119,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19001336
  • Previous Sale Recording Date: Mar 08, 2017
  • Previous Sale Contract Date: Jan 04, 2017
  • Previous Sale Amount: $70,455
  • Previous Sale Document Type: Special Warranty Deed

About Mc Kellar - Whitehaven-Levi PD



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Frequently Asked Questions

What neighborhood is 4516 Paula Drive located in?
The 4516 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 4516 Paula Drive?
The average sales price for units in 4516 Paula Drive is $0 currently.

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