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5727 French Market Circle North

5727 French Market Circle North, Memphis, TN 38141
Property in Shelby
Sold Oct 20, 2020
$135,000
Buyer
$101,250 by Mason Mcduffie Mortgage Corp
Mortgage Due Nov 01, 2050
Sold Jun 30, 2020
$95,900
5727 French Market Circle North in Memphis, TN was first built in 1987 and is 37 years old. Although, the building on the property was most recently renovated and altered in 2002. 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. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 5727 French Market Circle North has 1,314 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. In total, the area measurement of the land is 7,500 square feet.

Learn more about the property and building on this page. There is a unknown. The home has a gable style roof made of composition shingle. For those who need parking, there is a carport. The garage is 170 sqft. There are a total of 5 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as average. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Oct 16, 2020 for $135,000. That's $102.74 per sqft. Prior to that sales transaction, the property was also sold in Jun 29, 2020 for $95,900. 5727 French Market Circle North was last assessed in 2022. The total value of the property was assessed at $36,600. Specifically, the land the property is located on was valued at $3,475. While improvements on the property were assessed at a total of $33,125. 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 $2,230. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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: 1987
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Traditional
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 170
  • Parking Space Count: 5

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,250
  • Total Building Area: 1,314
  • Gross Building Area: 1,314
  • Building Area: 1,314
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,314
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIDGEWAY ESTATES WEST 1ST ADD SEC C
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SS FRENCH MARKET CIRCLE N

Ownership

  • Current Owner : TRAN JENNY
  • Previous Owner : REI NATION LLC
  • Owner Before Previous Owner: BORDER COLLIE LLC

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 021759

Zoning

  • Zoning: RU-1

Geography

  • Assessors Map Reference: MB 108-3
  • District: O
  • Parcel: 09-3407-O0-0014
  • Lot: 57
  • Municipality: MEMPHIS
  • Latitude: 35.0288
  • Longitude: -89.8727

    Address

  • Full Address: 5727 French Market Cir N
  • Address - House Number: 5727
  • Street Segment Direction: N
  • Address - Street Name: French Market
  • Address - Suffix Type: Cir
  • State: TN
  • City Name: Memphis
  • Carrier Code: R030
  • 4-Digit Zip Code: 6834
  • Zip Code: 38141

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,230

    Appraisal Valuation

  • Standard Deviation: 0.2645
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 62
  • Final Value: 202,433
  • High Value: 255,981
  • Low Value: 148,886

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $101,250
  • First Open Lien Mortgage Lender: MASON MCDUFFIE MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Oct 20, 2020
  • First Open Lien Mortgage Loan Amount: $101,250
  • 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: Nov 01, 2050

    Market Valuation

  • Market Total Value: $146,400
  • Market Land Value: $13,900
  • Market Improvement Value: $132,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $36,600
  • Assessed Land Value: $3,475
  • Assessed Improvements Value: $33,125

    Sales

  • Current Sale Contract Date: Oct 16, 2020
  • Current Sale Recording Date: Oct 20, 2020
  • Current Sale Transaction ID: 11792832244
  • Current Sale Price: $135,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20114824
  • Previous Sale Recording Date: Jun 30, 2020
  • Previous Sale Contract Date: Jun 29, 2020
  • Previous Sale Amount: $95,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MASON MCDUFFIE MORTGAGE CORP
  • First Mortgage Transaction Date: Oct 20, 2020
  • First Mortgage Loan Amount: $101,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

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Frequently Asked Questions

What neighborhood is 5727 French Market Circle North located in?
The 5727 French Market Circle North is a located in the neighborhood of Shelby in Memphis, Memphis.
What is the average sales price for listings in 5727 French Market Circle North?
The average sales price for units in 5727 French Market Circle North is $0 currently.

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