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5272 Southwood Drive

5272 Southwood Drive, Memphis, TN 38120
Sold Jan 11, 2019
$372,000
$390,327 by Freedom Mortgage Corp
Mortgage Due Sep 01, 2050
Local assessors in Memphis, TN have categorized 5272 Southwood Drive 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 1975. The property's lot size has been calculated to be 12,870 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 990 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 9 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 5272 Southwood Drive has a total of 4,369 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 400 sqft. 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 - D. 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 Jan 10, 2019 for $372,000. That's $85.15 per sqft. 5272 Southwood Drive was last assessed in 2022. The total value of the property was assessed at $99,875. Specifically, the land the property is located on was valued at $21,600. While improvements on the property were assessed at a total of $78,275. 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 $6,084. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • 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: 400
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,870
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 990
  • Total Building Area: 4,369
  • Gross Building Area: 4,369
  • Building Area: 4,369
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,369
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SOUTHWOOD TERRACE
  • Land Acres: 0.296
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : WILLIAMSON JOHN A
  • Previous Owner : INMAN FRANK
  • Previous Owner 2: INMAN SUSAN E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 009201

Zoning

  • Zoning: R-10

Geography

  • District: O
  • Parcel: 06-8021-0-0022
  • Lot: PT3
  • Municipality: MEMPHIS
  • Latitude: 35.1326
  • Longitude: -89.8862

    Address

  • Full Address: 5272 Southwood Dr
  • Address - House Number: 5272
  • Address - Street Name: Southwood
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Memphis
  • Carrier Code: C024
  • 4-Digit Zip Code: 1927
  • Zip Code: 38120

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,084

    Appraisal Valuation

  • Standard Deviation: 0.2309
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 554,880
  • High Value: 683,037
  • Low Value: 426,723

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $390,327
  • First Open Lien Mortgage Lender: FREEDOM MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Aug 12, 2020
  • First Open Lien Mortgage Loan Amount: $390,327
  • 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: Sep 01, 2050

    Market Valuation

  • Market Total Value: $399,500
  • Market Land Value: $86,400
  • Market Improvement Value: $313,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $99,875
  • Assessed Land Value: $21,600
  • Assessed Improvements Value: $78,275

    Sales

  • Current Sale Contract Date: Jan 10, 2019
  • Current Sale Recording Date: Jan 11, 2019
  • Current Sale Transaction ID: 11558098267
  • Current Sale Price: $372,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19003580

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Mortgage Transaction Date: Jan 11, 2019
  • First Mortgage Loan Amount: $384,276
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Feb 01, 2049

About Richland Acres



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5244 Boswell, Memphis, TN, 38120 Listing by Lowell Brister

Frequently Asked Questions

What neighborhood is 5272 Southwood Drive located in?
The 5272 Southwood Drive is a house located in the neighborhood of Richland Acres in Richland Acres, Memphis.
What is the average sales price for listings in 5272 Southwood Drive?
The average sales price for units in 5272 Southwood Drive is $0 currently.

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