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4640 Laurel Oaks Drive

4640 Laurel Oaks Drive, Memphis, TN 38117
1 Units For Sale
Unit for sale at 4640 LAUREL OAKS, Memphis, TN 38117

$249,900

  • 2 Beds
  • 2.5 Baths
4640 LAUREL OAKS #4640, Memphis, TN 38117 Listing by Margaret Burke

Local assessors in Memphis, TN have categorized 4640 Laurel Oaks Drive as a residential type of property. The home was built in 1981 and is 43 years old. It was most recently renovated and altered in 2008. The property's lot size has been calculated to be 2,853 square feet. The linear feet between the front and back of the lot was measured at 900 ft and the front of the lot was measured at 300 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a contemporary 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, 2 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 3 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 4640 Laurel Oaks Drive has a total of 1,800 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 front 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 - D. Lots of materials we are unsure of 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 Jul 2, 2019 for $210,000. That's $116.67 per sqft. Prior to that sales transaction, the property was also sold in May 17, 2016 for $207,000. 4640 Laurel Oaks Drive was last assessed in 2022. The total value of the property was assessed at $62,325. Specifically, the land the property is located on was valued at $10,950. While improvements on the property were assessed at a total of $51,375. 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 $3,797. 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!

Building Features

Parking

Carport
Attached Garage
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190507 Unit 4640
05/07/2019
2 Bed
3 Bath
-
$215,000
bedrooms
2 Bed
bathrooms
3 Bath
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Contemporary
  • Exterior Walls Type: Other
  • 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: 2,853
  • Lot Size Depth Feet: 900
  • Lot Size Frontage Feet: 300
  • Total Building Area: 1,800
  • Gross Building Area: 1,800
  • Building Area: 1,800
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,800
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAUREL OAKS TOWNHOUSES FINAL PLAN
  • Land Acres: 0.066
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NS LAUREL OAKS ST PD

Ownership

  • Current Owner : PARKERSON NANCY WHITE
  • Current Owner 2: PARKERSON CHARLES DOUGLAS
  • Previous Owner : SCHOEMAKER JAN C
  • Owner Before Previous Owner: CALHOUN KAROLINA A GRABOWICZ
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 008500

Zoning

  • Zoning: RU-3

Geography

  • Assessors Map Reference: MB 80-55
  • District: O
  • Parcel: 05-7019-0-0105
  • Lot: 3
  • Municipality: MEMPHIS
  • Latitude: 35.1207
  • Longitude: -89.9074

    Address

  • Full Address: 4640 Laurel Oaks
  • Address - House Number: 4640
  • Address - Street Name: Laurel Oaks
  • State: TN
  • City Name: Memphis
  • Carrier Code: C055
  • 4-Digit Zip Code: 3914
  • Zip Code: 38117

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,797

    Appraisal Valuation

  • Standard Deviation: 0.2138
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 70
  • Final Value: 351,502
  • High Value: 426,676
  • Low Value: 276,329

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $210,500
  • First Open Lien Mortgage Lender: BANK OF WINONA
  • First Open Lien Mortgage Recording Date: Jul 02, 2019
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $210,500
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2024

    Market Valuation

  • Market Total Value: $249,300
  • Market Land Value: $43,800
  • Market Improvement Value: $205,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $62,325
  • Assessed Land Value: $10,950
  • Assessed Improvements Value: $51,375

    Sales

  • Current Sale Contract Date: Jul 02, 2019
  • Current Sale Recording Date: Jul 02, 2019
  • Current Sale Transaction ID: 11622878237
  • Current Sale Price: $210,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201907020066041
  • Previous Sale Recording Date: May 25, 2016
  • Previous Sale Contract Date: May 17, 2016
  • Previous Sale Amount: $207,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF WINONA
  • First Mortgage Transaction Date: Jul 02, 2019
  • First Mortgage Loan Amount: $210,500
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Credit Line (Revolving)
  • First Mortgage Loan Due Date: Jul 01, 2024

    Financing

  • First Mortgage Financing Type: Variable

About Jackson - University Area



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Frequently Asked Questions

What neighborhood is 4640 Laurel Oaks Drive located in?
The 4640 Laurel Oaks Drive is a townhouse located in the neighborhood of Jackson - University Area in Jackson - University Area, Memphis.
How many listings are currently for sale in 4640 Laurel Oaks Drive?
There is a listing currently on the market for sale.
What is the average sales price for listings in 4640 Laurel Oaks Drive?
The average sales price for units in 4640 Laurel Oaks Drive is $249,900 currently.

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