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5136 Christopher Cove

5136 Christopher Cove, Memphis, TN 38118
Sold Jun 12, 2019
$98,900
$79,120 by Crosscountry Mortgage Inc
Mortgage Due Jul 01, 2049
Sold Mar 01, 2019
$33,300
$75,000 by Brett Hammers
Mortgage Due Aug 22, 2019
Local assessors in Memphis, TN have categorized 5136 Christopher Cove as a residential type of property. The home was built in 1963 and is 61 years old. It was most recently renovated and altered in 1991. The property's lot size has been calculated to be 8,800 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 880 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 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 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 5136 Christopher Cove has a total of 1,728 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 attached garage for those who need a place to park their vehicle. The garage on the property is 528 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is fair. 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. Lots of a combination of material 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 Jun 7, 2019 for $98,900. That's $43.84 per sqft. Prior to that sales transaction, the property was also sold in Feb 7, 2019 for $33,300. 5136 Christopher Cove was last assessed in 2022. The total value of the property was assessed at $25,825. Specifically, the land the property is located on was valued at $3,000. While improvements on the property were assessed at a total of $22,825. 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 $1,573. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Colonial
  • Exterior Walls Type: Combination
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 528
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,800
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 880
  • Total Building Area: 2,256
  • Gross Building Area: 2,256
  • Building Area: 1,728
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,728
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARKWAY VILLAGE
  • Land Acres: 0.202
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : PALMER RICHARD AARON
  • Previous Owner : MEMPHIS TURNKEY PROPERTIES
  • Owner Before Previous Owner: THE BANK OF NEW YORK MELLON

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 010710

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 25-5
  • District: O
  • Parcel: 07-4051-0-0019
  • Block: E
  • Lot: 803
  • Municipality: MEMPHIS
  • Latitude: 35.0655
  • Longitude: -89.8921

    Address

  • Full Address: 5136 Christopher Ave
  • Address - House Number: 5136
  • Address - Street Name: Christopher
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Memphis
  • Carrier Code: C060
  • 4-Digit Zip Code: 3425
  • Zip Code: 38118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,573

    Appraisal Valuation

  • Standard Deviation: 0.2487
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 153,065
  • High Value: 191,138
  • Low Value: 114,993

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $79,120
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Jun 12, 2019
  • First Open Lien Mortgage Loan Amount: $79,120
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2049

    Market Valuation

  • Market Total Value: $103,300
  • Market Land Value: $12,000
  • Market Improvement Value: $91,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $25,825
  • Assessed Land Value: $3,000
  • Assessed Improvements Value: $22,825

    Sales

  • Current Sale Contract Date: Jun 07, 2019
  • Current Sale Recording Date: Jun 12, 2019
  • Current Sale Transaction ID: 11617361288
  • Current Sale Price: $98,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201906120057454
  • Previous Sale Recording Date: Mar 01, 2019
  • Previous Sale Contract Date: Feb 07, 2019
  • Previous Sale Amount: $33,300
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CROSSCOUNTRY MORTGAGE INC
  • First Mortgage Transaction Date: Jun 12, 2019
  • First Mortgage Loan Amount: $79,120
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: BRETT HAMMERS
  • Previous Mortgage Transaction Date: Mar 01, 2019
  • Previous Mortgage Loan Amount: $75,000
  • Previous Mortgage Term: 4
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Aug 22, 2019

About Southeast Memphis



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Frequently Asked Questions

What neighborhood is 5136 Christopher Cove located in?
The 5136 Christopher Cove is a house located in the neighborhood of Southeast Memphis in Southeast Memphis, Memphis.
What is the average sales price for listings in 5136 Christopher Cove?
The average sales price for units in 5136 Christopher Cove is $30,400 currently.

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