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5370 East Maxima Cove

5370 East Maxima Cove, Memphis, TN 38120
Property in Shelby
Sold Oct 06, 2014
$188,000
$169,200 by Regions Bank
Mortgage Due Oct 01, 2029
Sold Oct 17, 2012
$177,000
Local assessors in Memphis, TN have categorized 5370 East Maxima Cove as a residential type of property. The home was built in 2001 and is 23 years old. The property's lot size has been calculated to be 4,771 square feet. The linear feet between the front and back of the lot was measured at 870 ft and the front of the lot was measured at 550 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 6 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 5370 East Maxima Cove has a total of 1,872 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 471 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 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. 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 5370 East Maxima Cove was last sold in Sep 24, 2014 for $188,000. According to our calculations, that's $80.24 per sqft. Prior to that sales transaction, the property was sold for $177,000 in Oct 15, 2012. Current property owners are expected to pay $3,701 in taxes per year. The property on 5370 East Maxima Cove was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $60,750. To break that down further, the land itself was valued at $9,400. While improvements to the property were assessed at a total of $51,350. 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: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: A
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 471
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,771
  • Lot Size Depth Feet: 870
  • Lot Size Frontage Feet: 550
  • Total Building Area: 2,343
  • Gross Building Area: 2,343
  • Building Area: 1,872
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,872
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MAXWELL PLACE PD PAR II
  • Land Acres: 0.11
  • Standard Land Use Code: Planned unit development (pud residential)
  • Legal Description 1: NS MAXIMA CV E SEE MAP FG-27

Ownership

  • Current Owner : PONNUSAMY THAMARAI U
  • Current Owner 2: THIYAGARAJAN THIRUMANGAL T
  • Previous Owner : BEST LISA
  • Owner Before Previous Owner: CAMPBELL WILLETTE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 009202

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 191-08
  • District: O
  • Parcel: 06-8066-B0-0012
  • Lot: 30
  • Municipality: MEMPHIS
  • Latitude: 35.1435
  • Longitude: -89.883

    Address

  • Full Address: 5370 E Maxima Cv
  • Address - House Number: 5370
  • Street Direction: E
  • Address - Street Name: Maxima
  • Address - Suffix Type: Cv
  • State: TN
  • City Name: Memphis
  • Carrier Code: C024
  • 4-Digit Zip Code: 1561
  • Zip Code: 38120

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,701

    Appraisal Valuation

  • Standard Deviation: 0.2412
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 345,168
  • High Value: 428,428
  • Low Value: 261,907

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $169,200
  • First Open Lien Mortgage Lender: REGIONS BANK
  • First Open Lien Mortgage Recording Date: Oct 06, 2014
  • First Open Lien Mortgage Loan Amount: $169,200
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2029

    Market Valuation

  • Market Total Value: $243,000
  • Market Land Value: $37,600
  • Market Improvement Value: $205,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $60,750
  • Assessed Land Value: $9,400
  • Assessed Improvements Value: $51,350

    Sales

  • Current Sale Contract Date: Sep 24, 2014
  • Current Sale Recording Date: Oct 06, 2014
  • Current Sale Transaction ID: 1176529840
  • Current Sale Price: $188,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 14102268
  • Previous Sale Recording Date: Oct 17, 2012
  • Previous Sale Contract Date: Oct 15, 2012
  • Previous Sale Amount: $177,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: REGIONS BANK
  • First Mortgage Transaction Date: Oct 06, 2014
  • First Mortgage Loan Amount: $169,200
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2029

About Memphis



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Frequently Asked Questions

What neighborhood is 5370 East Maxima Cove located in?
The 5370 East Maxima Cove is a located in the neighborhood of Shelby in Memphis, Memphis.
What is the average sales price for listings in 5370 East Maxima Cove?
The average sales price for units in 5370 East Maxima Cove is $0 currently.

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