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616 Heather Lake Cove

616 Heather Lake Cove, Collierville, TN 38017
Property in Shelby
Sold Sep 21, 2020
$340,000
$170,000 by Wolfe Financial Inc
Mortgage Due Oct 01, 2035
Sold Jul 24, 2006
$245,000
$196,000 by 1st Trust Bank For Savings
Mortgage Due Aug 01, 2036
616 Heather Lake Cove has been categorized by the local assessors in Collierville, TN as a residential type of property. The building on the property was first built in 1994 and is 30 years old. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 616 Heather Lake Cove has 2,811 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,250 ft and across the front of the lot is 950 ft. The area measurement of the land has been determined as 12,140 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a traditional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 441 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of brick veneer. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 616 Heather Lake Cove was last sold in Sep 16, 2020 for $340,000. According to our calculations, that's $104.55 per sqft. Prior to that sales transaction, the property was sold for $245,000 in Jul 14, 2006. Current property owners are expected to pay $4,442 in taxes per year. The property on 616 Heather Lake Cove was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $84,925. To break that down further, the land itself was valued at $12,050. While improvements to the property were assessed at a total of $72,875. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 12,140
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 950
  • Total Building Area: 3,252
  • Gross Building Area: 3,252
  • Building Area: 2,811
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,811
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TARA OAKS PH 2
  • Land Acres: 0.279
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NS HEATHER LAKE CV

Ownership

  • Current Owner : MCGRATH THEODORE JAMES
  • Current Owner 2: MCGRATH RAQUEL SUSANA
  • Previous Owner : BROWN RICAHRD A
  • Previous Owner 2: BROWN SUZANNE J
  • Owner Before Previous Owner: SULLIVAN JAMES B
  • Owner Before Previous Owner 2: SULLIVAN SUSAN M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Collierville School District
  • Census Tract: 021613

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: MB 261-017
  • District: C
  • Parcel: C0-234E-G0-0048
  • Lot: 128
  • Municipality: COLLIERVILLE
  • Latitude: 35.0639
  • Longitude: -89.6479

    Address

  • Full Address: 616 Heather Lake Cv
  • Address - House Number: 616
  • Address - Street Name: Heather Lake
  • Address - Suffix Type: Cv
  • State: TN
  • City Name: Collierville
  • Carrier Code: C011
  • 4-Digit Zip Code: 6106
  • Zip Code: 38017

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,442

    Appraisal Valuation

  • Standard Deviation: 0.2281
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 68
  • Final Value: 439,061
  • High Value: 539,232
  • Low Value: 338,891

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $170,000
  • First Open Lien Mortgage Lender: WOLFE FINANCIAL INC
  • First Open Lien Mortgage Recording Date: Sep 21, 2020
  • First Open Lien Mortgage Loan Amount: $170,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2035

    Market Valuation

  • Market Total Value: $339,700
  • Market Land Value: $48,200
  • Market Improvement Value: $291,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $84,925
  • Assessed Land Value: $12,050
  • Assessed Improvements Value: $72,875

    Sales

  • Current Sale Contract Date: Sep 16, 2020
  • Current Sale Recording Date: Sep 21, 2020
  • Current Sale Transaction ID: 11787751133
  • Current Sale Price: $340,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20101130
  • Previous Sale Recording Date: Jul 24, 2006
  • Previous Sale Contract Date: Jul 14, 2006
  • Previous Sale Amount: $245,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WOLFE FINANCIAL INC
  • First Mortgage Transaction Date: Sep 21, 2020
  • First Mortgage Loan Amount: $170,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2035

    Previous Mortgages

  • Previous Mortgage Lender: 1ST TRUST BANK FOR SAVINGS
  • Previous Mortgage Transaction Date: Jul 24, 2006
  • Previous Mortgage Loan Amount: $196,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Aug 01, 2036

About Collierville



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Frequently Asked Questions

What neighborhood is 616 Heather Lake Cove located in?
The 616 Heather Lake Cove is a located in the neighborhood of Shelby in Collierville, Collierville.
What is the average sales price for listings in 616 Heather Lake Cove?
The average sales price for units in 616 Heather Lake Cove is $0 currently.

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