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5526 Ginners Drive

5526 Ginners Drive, Memphis, TN 38134
Property in Shelby
Sold Aug 03, 2021
$94,900
$71,175 by Highlands Residential Mortgage
Mortgage Due Aug 01, 2051
Sold Dec 09, 2016
$74,000
$59,200 by Everett Financial Inc
Mortgage Due Jan 01, 2047
Local assessors in Memphis, TN have categorized 5526 Ginners Drive as a residential type of property. The home was built in 1993 and is 31 years old. It was most recently renovated and altered in 2005. The property's lot size has been calculated to be 5,979 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 250 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 5 rooms in the home. Of these, 2 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 5526 Ginners Drive has a total of 983 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. 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 - 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. 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, 5526 Ginners Drive was last sold in Jul 14, 2021 for $94,900. According to our calculations, that's $96.54 per sqft. Prior to that sales transaction, the property was sold for $74,000 in Dec 1, 2016. Current property owners are expected to pay $1,258 in taxes per year. The property on 5526 Ginners Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $20,650. To break that down further, the land itself was valued at $2,900. While improvements to the property were assessed at a total of $17,750. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1993
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • 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: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,979
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 250
  • Total Building Area: 983
  • Gross Building Area: 983
  • Building Area: 983
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 983
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAGRANGE POINT
  • Land Acres: 0.137
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NS GINNERS DR

Ownership

  • Current Owner : FRANKE KENNETH A
  • Previous Owner : TRAN VUONG C
  • Owner Before Previous Owner: MID SOUTH HOMEHUYERS INC
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 020621

Zoning

  • Zoning: RU-2

Geography

  • Assessors Map Reference: MB 139-63
  • District: O
  • Parcel: 08-8041-A0-0053
  • Lot: 53
  • Municipality: MEMPHIS
  • Latitude: 35.1874
  • Longitude: -89.8792

    Address

  • Full Address: 5526 Ginners Dr
  • Address - House Number: 5526
  • Address - Street Name: Ginners
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Memphis
  • Carrier Code: C034
  • 4-Digit Zip Code: 8982
  • Zip Code: 38134

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,258

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 402,603
  • High Value: 585,710
  • Low Value: 219,495

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $71,175
  • First Open Lien Mortgage Lender: HIGHLANDS RESIDENTIAL MORTGAGE
  • First Open Lien Mortgage Recording Date: Aug 03, 2021
  • First Open Lien Mortgage Loan Amount: $71,175
  • 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, 2051

    Market Valuation

  • Market Total Value: $82,600
  • Market Land Value: $11,600
  • Market Improvement Value: $71,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $20,650
  • Assessed Land Value: $2,900
  • Assessed Improvements Value: $17,750

    Sales

  • Current Sale Contract Date: Jul 14, 2021
  • Current Sale Recording Date: Aug 03, 2021
  • Current Sale Transaction ID: 11845559630
  • Current Sale Price: $94,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21095491
  • Previous Sale Recording Date: Dec 09, 2016
  • Previous Sale Contract Date: Dec 01, 2016
  • Previous Sale Amount: $74,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HIGHLANDS RESIDENTIAL MORTGAGE
  • First Mortgage Transaction Date: Aug 03, 2021
  • First Mortgage Loan Amount: $71,175
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: EVERETT FINANCIAL INC
  • Previous Mortgage Transaction Date: Dec 09, 2016
  • Previous Mortgage Loan Amount: $59,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2047

About Memphis



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Frequently Asked Questions

What neighborhood is 5526 Ginners Drive located in?
The 5526 Ginners Drive is a located in the neighborhood of Shelby in Memphis, Memphis.
What is the average sales price for listings in 5526 Ginners Drive?
The average sales price for units in 5526 Ginners Drive is $0 currently.

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