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556 Warwick Willow Lane

556 Warwick Willow Lane, Collierville, TN 38017
Property in Shelby
Sold May 03, 2016
$310,000
$30,000 by Independent Bank
Mortgage
Sold Jul 10, 2000
$262,500
$210,000 by 1st Trust Bank For Svgs
Mortgage Due Jul 01, 2030
556 Warwick Willow Lane in Collierville, TN was first built in 2000 and is 24 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a traditional style. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 556 Warwick Willow Lane has 2,996 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,060 ft and the linear feet between the front and back of the lot is 1,190. In total, the area measurement of the land is 8,370 square feet.

Learn more about the property and building on this page. There is a unknown. For those who need parking, there is a attached garage. The garage is 528 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick veneer. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. 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, 556 Warwick Willow Lane sold most recently in Apr 28, 2016 for a total of $310,000. If you work out the math, that's approximately a cost of $87.97 per sqft. Before that, the property was also sold for $262,500 in Jun 29, 2000. 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 $4,987 in taxes each year. 556 Warwick Willow Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $95,350. If we break it down further, the land itself was valued at $13,500. Improvements to the property, however, were assessed at a total of $81,850. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: B
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 528
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,370
  • Lot Size Depth Feet: 1,190
  • Lot Size Frontage Feet: 1,060
  • Total Building Area: 3,524
  • Gross Building Area: 3,524
  • Building Area: 2,996
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,996
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OAKMONT PD PHASE 2 PARCEL 2
  • Land Acres: 0.192
  • Standard Land Use Code: Planned unit development (pud residential)
  • Legal Description 1: ES WARWICK WILLOW LN SEE MAP D2-44WH

Ownership

  • Current Owner : DERRICK TROY L
  • Current Owner 2: MARTIN ANGELA D
  • Previous Owner : LEE THOMAS E
  • Previous Owner 2: LEE HYON HUI
  • Owner Before Previous Owner: KENNY COOK CONSTRUCTION COMPANY INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Right of Survivorship

Neighborhood

  • School District Name: Collierville School District
  • Census Tract: 021530

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: MB 193-31
  • District: C
  • Parcel: C0-244W-H0-0099
  • Lot: 240
  • Municipality: COLLIERVILLE
  • Latitude: 35.0545
  • Longitude: -89.6936

    Address

  • Full Address: 556 Warwick Willow Ln
  • Address - House Number: 556
  • Address - Street Name: Warwick Willow
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Collierville
  • Carrier Code: C001
  • 4-Digit Zip Code: 7339
  • Zip Code: 38017

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,987

    Appraisal Valuation

  • Standard Deviation: 0.1931
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 516,364
  • High Value: 616,087
  • Low Value: 416,642

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $30,000
  • First Open Lien Mortgage Lender: INDEPENDENT BANK
  • First Open Lien Mortgage Recording Date: May 03, 2016
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $30,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $381,400
  • Market Land Value: $54,000
  • Market Improvement Value: $327,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $95,350
  • Assessed Land Value: $13,500
  • Assessed Improvements Value: $81,850

    Sales

  • Current Sale Contract Date: Apr 28, 2016
  • Current Sale Recording Date: May 03, 2016
  • Current Sale Transaction ID: 1535606887
  • Current Sale Price: $310,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 16044530
  • Previous Sale Recording Date: Jul 10, 2000
  • Previous Sale Contract Date: Jun 29, 2000
  • Previous Sale Amount: $262,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: INDEPENDENT BANK
  • First Mortgage Transaction Date: May 03, 2016
  • First Mortgage Loan Amount: $30,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Credit Line (Revolving)

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: 1ST TRUST BANK FOR SVGS
  • Previous Mortgage Transaction Date: Jul 10, 2000
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $210,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jul 01, 2030

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Frequently Asked Questions

What neighborhood is 556 Warwick Willow Lane located in?
The 556 Warwick Willow Lane is a located in the neighborhood of Shelby in Collierville, Collierville.
What is the average sales price for listings in 556 Warwick Willow Lane?
The average sales price for units in 556 Warwick Willow Lane is $0 currently.

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