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6123 Chinaberry Drive

6123 Chinaberry Drive, Memphis, TN 38115
Property in Shelby
Sold Oct 11, 2019
$122,000
$118,340 by Bank Of America Na
Mortgage Due Nov 01, 2049
Sold Aug 15, 2014
$95,900
$57,540 by Bridge Capital Asset Funding L
Mortgage
Local assessors in Memphis, TN have categorized 6123 Chinaberry Drive as a residential type of property. The home was built in 1974 and is 50 years old. The property's lot size has been calculated to be 8,900 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 890 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 6 rooms in the home. Of these, 4 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 3 full bathrooms. There are also 3 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 6123 Chinaberry Drive has a total of 2,243 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 carport for those who need a place to park their vehicle. The garage on the property is 336 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. 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 6123 Chinaberry Drive sold most recently in Sep 11, 2019 for a total of $122,000. If you work out the math, that's approximately a cost of $54.39 per sqft. Before that, the property was also sold for $95,900 in Jul 31, 2014. 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 $2,580 in taxes each year. 6123 Chinaberry Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $42,350. If we break it down further, the land itself was valued at $3,750. Improvements to the property, however, were assessed at a total of $38,600. 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. 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. 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: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • 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
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 336
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,900
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 890
  • Total Building Area: 2,243
  • Gross Building Area: 2,243
  • Building Area: 2,243
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,243
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIDGEWAY ESTATES SEC A
  • Land Acres: 0.204
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ES SILVERLEAF RD COR CHINABERRY DR SE

Ownership

  • Current Owner : HERRERA GUILLERMO ENRIQUE MARTINEZ
  • Current Owner 2: AREVALO MARTA ALICIA DURAN
  • Previous Owner : ANMAR INVESTMENTS LLC
  • Owner Before Previous Owner: DNV INVESTMENT PARTNERSHIP LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 021757

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 49-18
  • District: O
  • Parcel: 09-3406-A0-0064
  • Lot: 102
  • Municipality: MEMPHIS
  • Latitude: 35.0373
  • Longitude: -89.8591

    Address

  • Full Address: 6123 Chinaberry Dr
  • Address - House Number: 6123
  • Address - Street Name: Chinaberry
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Memphis
  • Carrier Code: C025
  • 4-Digit Zip Code: 6300
  • Zip Code: 38115

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,580

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 432,751
  • High Value: 629,570
  • Low Value: 235,931

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $118,340
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Oct 11, 2019
  • First Open Lien Mortgage Loan Amount: $118,340
  • 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, 2049

    Market Valuation

  • Market Total Value: $169,400
  • Market Land Value: $15,000
  • Market Improvement Value: $154,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $42,350
  • Assessed Land Value: $3,750
  • Assessed Improvements Value: $38,600

    Sales

  • Current Sale Contract Date: Sep 11, 2019
  • Current Sale Recording Date: Oct 11, 2019
  • Current Sale Transaction ID: 11660658573
  • Current Sale Price: $122,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19106462
  • Previous Sale Recording Date: Aug 15, 2014
  • Previous Sale Contract Date: Jul 31, 2014
  • Previous Sale Amount: $95,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Oct 11, 2019
  • First Mortgage Loan Amount: $118,340
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: BRIDGE CAPITAL ASSET FUNDING L
  • Previous Mortgage Transaction Date: Aug 15, 2014
  • Previous Mortgage Loan Amount: $57,540
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

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Frequently Asked Questions

What neighborhood is 6123 Chinaberry Drive located in?
The 6123 Chinaberry Drive is a located in the neighborhood of Shelby in Memphis, Memphis.
What is the average sales price for listings in 6123 Chinaberry Drive?
The average sales price for units in 6123 Chinaberry Drive is $0 currently.

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