Check Availability

5420 North Clover Drive

5420 North Clover Drive, Memphis, TN 38120
Sold Feb 28, 2022
$1,250,000
$999,999 by Sistar Mortgage Company
Mortgage Due Mar 01, 2037
Sold Aug 22, 2014
$1,175,000
$940,000 by Independent Bank
Mortgage Due Sep 01, 2029
5420 North Clover Drive has been categorized by the local assessors in Memphis, TN as a residential type of property. The building on the property was first built in 1941 and is 83 years old. However, we must point out that the home was most recently renovated and altered in 1990. The home has a total of 12 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 6 full bathrooms. There are 7 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5420 North Clover Drive has 6,802 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 3,990 ft and across the front of the lot is 850 ft. The area measurement of the land has been determined as 44,866 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 784 sqft. According to our sources, there are a total of 3 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of stucco. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5420 North Clover Drive sold most recently in Feb 25, 2022 for a total of $1,250,000. If you work out the math, that's approximately a cost of $164.78 per sqft. Before that, the property was also sold for $1,175,000 in Aug 20, 2014. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $18,378 in taxes each year. 5420 North Clover Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $301,700. If we break it down further, the land itself was valued at $67,550. Improvements to the property, however, were assessed at a total of $234,150. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 5
  • Bathroom Count: 7
  • Full Bathrooms: 6
  • Partial Bathrooms: 7
  • Bathroom Plumbing Fixtures: 28
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Stucco
  • 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: 784
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 44,866
  • Lot Size Depth Feet: 3,990
  • Lot Size Frontage Feet: 850
  • Total Building Area: 7,586
  • Gross Building Area: 7,586
  • Building Area: 6,802
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 6,802
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PLEASANT ACRES FIRST ADDITION
  • Land Acres: 1.03
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NES N CLOVER DR AT VALLEYBROOK

Ownership

  • Current Owner : BINDRA GURPAL SINGH
  • Current Owner 2: BINDRA RAVINDER K
  • Previous Owner : ARSHAD
  • Previous Owner 2: ANDREEA
  • Owner Before Previous Owner: TRAVIS JAMES M
  • Owner Before Previous Owner 2: TRAVIS JANA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 009600

Zoning

  • Zoning: R-10

Geography

  • District: O
  • Parcel: 05-6046-0-0056
  • Lot: 18
  • Municipality: MEMPHIS
  • Latitude: 35.1171
  • Longitude: -89.8808

    Address

  • Full Address: 5420 N Clover Dr
  • Address - House Number: 5420
  • Street Direction: N
  • Address - Street Name: Clover
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Memphis
  • Carrier Code: C078
  • 4-Digit Zip Code: 2743
  • Zip Code: 38120

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $18,378

    Appraisal Valuation

  • Standard Deviation: 0.2219
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 1,220,665
  • High Value: 1,491,540
  • Low Value: 949,790

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $999,999
  • First Open Lien Mortgage Lender: SISTAR MORTGAGE COMPANY
  • First Open Lien Mortgage Recording Date: Feb 28, 2022
  • First Open Lien Mortgage Loan Amount: $999,999
  • 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: Mar 01, 2037

    Market Valuation

  • Market Total Value: $1,206,800
  • Market Land Value: $270,200
  • Market Improvement Value: $936,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $301,700
  • Assessed Land Value: $67,550
  • Assessed Improvements Value: $234,150

    Sales

  • Current Sale Contract Date: Feb 25, 2022
  • Current Sale Recording Date: Feb 28, 2022
  • Current Sale Transaction ID: 11880380838
  • Current Sale Price: $1,250,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 22713
  • Previous Sale Recording Date: Aug 22, 2014
  • Previous Sale Contract Date: Aug 20, 2014
  • Previous Sale Amount: $1,175,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SISTAR MORTGAGE COMPANY
  • First Mortgage Transaction Date: Feb 28, 2022
  • First Mortgage Loan Amount: $999,999
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2037

    Previous Mortgages

  • Previous Mortgage Lender: INDEPENDENT BANK
  • Previous Mortgage Transaction Date: Aug 22, 2014
  • Previous Mortgage Loan Amount: $940,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2029

About White Station-Yates



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 1021 Oakhaven, Memphis, TN, 38119

$2,700 /mo

  • Studio
  • 1 Bath
1021 Oakhaven, Memphis, TN, 38119 Listing by Skip Miller
Unit for rent at 5711 Shady Grove, Memphis, TN, 38120

$6,700 /mo

  • 5 Beds
  • 6 Baths
5711 Shady Grove, Memphis, TN, 38120 Listing by Jimmy Reed
Unit for rent at 4977 Fairfield, Memphis, TN, 38117

$2,200 /mo

  • 3 Beds
  • 2 Baths
4977 Fairfield, Memphis, TN, 38117 Listing by Chastity Wamble
Unit for rent at 4468 Garnett, Memphis, TN, 38117

$1,400 /mo

  • 2 Beds
  • 1.5 Baths
4468 Garnett, Memphis, TN, 38117 Listing by Frank Pereira
Unit for rent at 800 Moss, Memphis, TN, 38117

$1,650 /mo

  • 3 Beds
  • 1 Bath
800 Moss, Memphis, TN, 38117 Listing by Thomas Marchbanks
Unit for rent at 4983 Hampshire, Memphis, TN, 38117

$1,795 /mo

  • 3 Beds
  • 1.5 Baths
4983 Hampshire, Memphis, TN, 38117 Listing by Linda Sowell
Unit for rent at 4870 Parkside, Memphis, TN, 38117

$1,750 /mo

  • 3 Beds
  • 1.5 Baths
4870 Parkside #4870 Parkside, Memphis, TN, 38117 Listing by Manager

Frequently Asked Questions

What neighborhood is 5420 North Clover Drive located in?
The 5420 North Clover Drive is a house located in the neighborhood of White Station-Yates in White Station-Yates, Memphis.
What is the average sales price for listings in 5420 North Clover Drive?
The average sales price for units in 5420 North Clover Drive is $0 currently.

Quantcast