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5356 Ivanhoe Forest Cove

5356 Ivanhoe Forest Cove, Memphis, TN 38141
Property in Shelby
Sold Jan 02, 2024
$249,900
Sold Jul 17, 2023
$150,000
Local assessors in Memphis, TN have categorized 5356 Ivanhoe Forest Cove as a residential type of property. The home was built in 1989 and is 35 years old. The property's lot size has been calculated to be 12,684 square feet. 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 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 single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5356 Ivanhoe Forest Cove has a total of 1,578 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 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 - A. 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 Nov 30, 2023 for $249,900. That's $127.63 per sqft. Prior to that sales transaction, the property was also sold in Jun 27, 2023 for $150,000. 5356 Ivanhoe Forest Cove was last assessed in 2023. The total value of the property was assessed at $41,350. Specifically, the land the property is located on was valued at $6,875. While improvements on the property were assessed at a total of $34,475. 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 $1,402. 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: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: A
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 380
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 12,684
  • Lot Size Depth Feet: 1,400
  • Total Building Area: 1,958
  • Gross Building Area: 1,958
  • Building Area: 1,578
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,578
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VILLAGE OF BENNINGTON FOREST SEC B
  • Land Acres: 0.291
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NE IVANHOE FOREST CV

Ownership

  • Current Owner : MOSBY TAYLOR
  • Previous Owner : GO GRIZZLIES LLC
  • Owner Before Previous Owner: BA MOHAMADOU A
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 021753

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 122-68
  • District: S
  • Parcel: D0-255N-F0-0051
  • Lot: 83
  • Municipality: SHELBY COUNTY
  • Latitude: 35.0021
  • Longitude: -89.8364

    Address

  • Full Address: 5356 Ivanhoe Forest Cv
  • Address - House Number: 5356
  • Address - Street Name: Ivanhoe Forest
  • Address - Suffix Type: Cv
  • State: TN
  • City Name: Memphis
  • Carrier Code: R034
  • 4-Digit Zip Code: 0501
  • Zip Code: 38141

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,402

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 89
  • Final Value: 239,776
  • High Value: 265,909
  • Low Value: 213,642

    Market Valuation

  • Market Total Value: $165,400
  • Market Land Value: $27,500
  • Market Improvement Value: $137,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $41,350
  • Assessed Land Value: $6,875
  • Assessed Improvements Value: $34,475

    Sales

  • Current Sale Contract Date: Nov 30, 2023
  • Current Sale Recording Date: Jan 02, 2024
  • Current Sale Transaction ID: 11918708591
  • Current Sale Price: $249,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 116
  • Previous Sale Recording Date: Jul 17, 2023
  • Previous Sale Contract Date: Jun 27, 2023
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PINNACLE BANK
  • First Mortgage Transaction Date: Jan 02, 2024
  • First Mortgage Loan Amount: $243,338
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2053
  • Second Mortgage Transaction Date: Jan 02, 2024
  • Second Mortgage Loan Amount: $14,994
  • Second Mortgage Terms: 29
  • Second Mortgage Loan Type: New Conventional
  • Second Mortgage Loan Due Date: Dec 01, 2053

About Shelby



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Frequently Asked Questions

What neighborhood is 5356 Ivanhoe Forest Cove located in?
The 5356 Ivanhoe Forest Cove is a located in the neighborhood of Shelby in Shelby, Memphis.
What is the average sales price for listings in 5356 Ivanhoe Forest Cove?
The average sales price for units in 5356 Ivanhoe Forest Cove is $0 currently.

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