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5594 Sweet Gum Drive

5594 Sweet Gum Drive, Memphis, TN 38134
Townhouse in Blue Ridge Park
Sold Jan 14, 2019
$155,000
$159,795 by Nationstar Mortgage Llc
Mortgage Due Jul 01, 2051
Sold Dec 28, 2005
$134,000
$107,200 by Community Mortgage Corp
Mortgage Due Dec 01, 2035
Local assessors in Memphis, TN have categorized 5594 Sweet Gum Drive as a residential type of property. The home was built in 1973 and is 51 years old. The property's lot size has been calculated to be 10,000 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 800 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 9 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 5594 Sweet Gum Drive has a total of 2,051 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 360 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 both a unknown and a unknown so you'll have great options in both the front and back of the home. In addition, there is a vinyl in-ground pool on the property. Perfect for those who want to host pool parties over the summer. 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 Jan 11, 2019 for $155,000. That's $64.29 per sqft. Prior to that sales transaction, the property was also sold in Nov 30, 2005 for $134,000. 5594 Sweet Gum Drive was last assessed in 2022. The total value of the property was assessed at $45,050. Specifically, the land the property is located on was valued at $5,000. While improvements on the property were assessed at a total of $40,050. 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 $2,744. 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. 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: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 9
  • 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
  • Business/Commerical Units Count: 6
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 360
  • Parking Space Count: 1
  • Pool Type: Vinyl in-ground pool

    Dimensions

  • Lot Size Square Feet: 10,000
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 800
  • Total Building Area: 2,411
  • Gross Building Area: 2,411
  • Building Area: 2,051
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,051
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BLUE RIDGE PARK 1ST ADDN
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NS SWEET GUM DR

Ownership

  • Current Owner : CRANFORD BRYAN
  • Previous Owner : SCOTT PAMELA RACHELLE HENDON
  • Owner Before Previous Owner: LAMB ALICE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 020610

Zoning

  • Zoning: R-8

Geography

  • Assessors Map Reference: MB 44-73
  • District: O
  • Parcel: 08-8052-0-0012
  • Lot: 54
  • Municipality: MEMPHIS
  • Latitude: 35.1825
  • Longitude: -89.8769

    Address

  • Full Address: 5594 Sweet Gum Dr
  • Address - House Number: 5594
  • Address - Street Name: Sweet Gum
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Memphis
  • Carrier Code: C034
  • 4-Digit Zip Code: 6624
  • Zip Code: 38134

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,744

    Appraisal Valuation

  • Standard Deviation: 0.2531
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 237,468
  • High Value: 297,571
  • Low Value: 177,364

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $159,795
  • First Open Lien Mortgage Lender: NATIONSTAR MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jun 16, 2021
  • First Open Lien Mortgage Loan Amount: $159,795
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Market Valuation

  • Market Total Value: $180,200
  • Market Land Value: $20,000
  • Market Improvement Value: $160,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $45,050
  • Assessed Land Value: $5,000
  • Assessed Improvements Value: $40,050

    Sales

  • Current Sale Contract Date: Jan 11, 2019
  • Current Sale Recording Date: Jan 14, 2019
  • Current Sale Transaction ID: 11558583136
  • Current Sale Price: $155,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19004070
  • Previous Sale Recording Date: Dec 28, 2005
  • Previous Sale Contract Date: Nov 30, 2005
  • Previous Sale Amount: $134,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Mortgage Transaction Date: Jan 14, 2019
  • First Mortgage Loan Amount: $158,332
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Feb 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: COMMUNITY MORTGAGE CORP
  • Previous Mortgage Transaction Date: Dec 28, 2005
  • Previous Mortgage Loan Amount: $107,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Dec 01, 2035

About Blue Ridge Park



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Frequently Asked Questions

What neighborhood is 5594 Sweet Gum Drive located in?
The 5594 Sweet Gum Drive is a townhouse located in the neighborhood of Blue Ridge Park in Blue Ridge Park, Memphis.
What is the average sales price for listings in 5594 Sweet Gum Drive?
The average sales price for units in 5594 Sweet Gum Drive is $0 currently.

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