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579 Adrian Drive

579 Adrian Drive, Memphis, TN 38122
Property in Shelby
Sold Sep 21, 2021
$165,000
$7,500 by Mortgage Investors Group Inc
Mortgage
579 Adrian Drive in Memphis, TN was first built in 1951 and is 73 years old. Although, the building on the property was most recently renovated and altered in 2005. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a cottage style. It is a single story home. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 579 Adrian Drive has 1,232 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 600 ft and the linear feet between the front and back of the lot is 1,200. In total, the area measurement of the land is 7,200 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The roof of the home is made of composition shingle. 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. 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, 579 Adrian Drive sold most recently in Sep 21, 2021 for a total of $165,000. If you work out the math, that's approximately a cost of $133.93 per sqft. 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 $1,701 in taxes each year. 579 Adrian Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $27,925. If we break it down further, the land itself was valued at $2,400. Improvements to the property, however, were assessed at a total of $25,525. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Cottage
  • Exterior Walls Type: Brick veneer
  • 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: 7,200
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,232
  • Gross Building Area: 1,232
  • Building Area: 1,232
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,232
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GRAHAM GARDENS
  • Land Acres: 0.165
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WS ADRIAN DRIVE

Ownership

  • Current Owner : LOMO JOYCE A
  • Current Owner 2: JACKSON MOSES
  • Previous Owner : SHELTON GREGORY G
  • Previous Owner 2: SHELTON BRENDA C
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 002900

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 14-59
  • District: O
  • Parcel: 04-4136-0-0018
  • Block: C
  • Lot: 182
  • Municipality: MEMPHIS
  • Latitude: 35.1476
  • Longitude: -89.9303

    Address

  • Full Address: 579 Adrian Dr
  • Address - House Number: 579
  • Address - Street Name: Adrian
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Memphis
  • Carrier Code: C055
  • 4-Digit Zip Code: 3802
  • Zip Code: 38122

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,701

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 412,710
  • High Value: 600,414
  • Low Value: 225,005

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $7,500
  • First Open Lien Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Open Lien Mortgage Recording Date: Sep 21, 2021
  • First Open Lien Mortgage Loan Amount: $7,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Second

    Market Valuation

  • Market Total Value: $111,700
  • Market Land Value: $9,600
  • Market Improvement Value: $102,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $27,925
  • Assessed Land Value: $2,400
  • Assessed Improvements Value: $25,525

    Sales

  • Current Sale Contract Date: Sep 21, 2021
  • Current Sale Recording Date: Sep 21, 2021
  • Current Sale Transaction ID: 11855902233
  • Current Sale Price: $165,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21116720

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Mortgage Transaction Date: Sep 21, 2021
  • First Mortgage Loan Amount: $160,050
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

About Memphis



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Frequently Asked Questions

What neighborhood is 579 Adrian Drive located in?
The 579 Adrian Drive is a located in the neighborhood of Shelby in Memphis, Memphis.
What is the average sales price for listings in 579 Adrian Drive?
The average sales price for units in 579 Adrian Drive is $0 currently.

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