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5190 Cottonwood Road

5190 Cottonwood Road, Memphis, TN 38118
Sold Jul 06, 2018
$99,900
$74,925 by Security National Mortgage Co
Mortgage Due Aug 01, 2048
Sold Apr 06, 2009
$45,900
$64,640 by Jeff Howell
Mortgage
5190 Cottonwood Road in Memphis, TN was first built in 1963 and is 61 years old. Although, the building on the property was most recently renovated and altered in 1991. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a traditional style. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 5190 Cottonwood Road has 2,438 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 950 ft and the linear feet between the front and back of the lot is 1,230. In total, the area measurement of the land is 11,872 square feet.

Learn more about the property and building on this page. There is a unknown. The home has a gable style roof made of composition shingle. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick veneer. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 5190 Cottonwood Road was last sold in Jul 2, 2018 for $99,900. According to our calculations, that's $40.98 per sqft. Prior to that sales transaction, the property was sold for $45,900 in Mar 27, 2009. Current property owners are expected to pay $1,824 in taxes per year. The property on 5190 Cottonwood Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $29,950. To break that down further, the land itself was valued at $3,775. While improvements to the property were assessed at a total of $26,175. 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: 1963
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • 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
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,872
  • Lot Size Depth Feet: 1,230
  • Lot Size Frontage Feet: 950
  • Total Building Area: 2,438
  • Gross Building Area: 2,438
  • Building Area: 2,438
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,438
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COTTONWOOD MANOR
  • Land Acres: 0.273
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LEACH WILLIAM JAMES
  • Previous Owner : JBJ PROPERTIES LLC
  • Owner Before Previous Owner: H & J PROPERTIES LLC

Neighborhood

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

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 07-4065-0-0020
  • Block: B
  • Lot: 143
  • Municipality: MEMPHIS
  • Latitude: 35.0692
  • Longitude: -89.8904

    Address

  • Full Address: 5190 Cottonwood Rd
  • Address - House Number: 5190
  • Address - Street Name: Cottonwood
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Memphis
  • Carrier Code: C073
  • 4-Digit Zip Code: 2646
  • Zip Code: 38118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,824

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 93,682
  • High Value: 136,289
  • Low Value: 51,074

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $74,925
  • First Open Lien Mortgage Lender: SECURITY NATIONAL MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Jul 06, 2018
  • First Open Lien Mortgage Loan Amount: $74,925
  • 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: Aug 01, 2048

    Market Valuation

  • Market Total Value: $119,800
  • Market Land Value: $15,100
  • Market Improvement Value: $104,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $29,950
  • Assessed Land Value: $3,775
  • Assessed Improvements Value: $26,175

    Sales

  • Current Sale Contract Date: Jul 02, 2018
  • Current Sale Recording Date: Jul 06, 2018
  • Current Sale Transaction ID: 11480569490
  • Current Sale Price: $99,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 18067460
  • Previous Sale Recording Date: Apr 06, 2009
  • Previous Sale Contract Date: Mar 27, 2009
  • Previous Sale Amount: $45,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SECURITY NATIONAL MORTGAGE CO
  • First Mortgage Transaction Date: Jul 06, 2018
  • First Mortgage Loan Amount: $74,925
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: JEFF HOWELL
  • Previous Mortgage Transaction Date: Apr 06, 2009
  • Previous Mortgage Loan Amount: $64,640
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

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Frequently Asked Questions

What neighborhood is 5190 Cottonwood Road located in?
The 5190 Cottonwood Road is a located in the neighborhood of Southeast Memphis in Southeast Memphis, Memphis.
What is the average sales price for listings in 5190 Cottonwood Road?
The average sales price for units in 5190 Cottonwood Road is $0 currently.

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