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640 Safari Drive

640 Safari Drive, Memphis, TN 38111
Multifamily in Messick Buntyn
Sold Jun 02, 2020
$61,000
Sold Feb 22, 2019
$55,000
640 Safari Drive in Memphis, TN was first built in 1972 and is 52 years old. 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 10 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 640 Safari Drive has 1,710 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 450 ft and the linear feet between the front and back of the lot is 1,600. In total, the area measurement of the land is 12,691 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. 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 and being fueled with gas. 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, 640 Safari Drive was last sold in May 26, 2020 for $61,000. According to our calculations, that's $35.67 per sqft. Prior to that sales transaction, the property was sold for $55,000 in Feb 18, 2019. Current property owners are expected to pay $1,252 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 640 Safari Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $20,560. To break that down further, the land itself was valued at $2,400. While improvements to the property were assessed at a total of $18,160. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • 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 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: 12,691
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 450
  • Total Building Area: 1,710
  • Gross Building Area: 1,710
  • Building Area: 1,710
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,710
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: JUNGLE GARDENS
  • Land Acres: 0.291
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: OF PT OF LOTS 4 & 5 OF SPOTTSWOOD SD & PT LOT 1 BURCHDALE SUBDV SE SIDE SAFARI DRIVE

Ownership

  • Current Owner : VALOR I LLC
  • Previous Owner : NANNEY BENJAMIN
  • Previous Owner 2: NANNEY VIRGINIA
  • Owner Before Previous Owner: EDWARDS BOBBY
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 007000

Zoning

  • Zoning: RU-1

Geography

  • Assessors Map Reference: MB 16-2
  • District: O
  • Parcel: 04-5088-0-0030
  • Lot: 2
  • Municipality: MEMPHIS
  • Latitude: 35.1143
  • Longitude: -89.9566

    Address

  • Full Address: 640 Safari Dr
  • Address - House Number: 640
  • Address - Street Name: Safari
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Memphis
  • Carrier Code: C062
  • 4-Digit Zip Code: 3106
  • Zip Code: 38111

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,252
  • Intital Tax Deliquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 391,767
  • High Value: 569,946
  • Low Value: 213,587

    Market Valuation

  • Market Total Value: $51,400
  • Market Land Value: $6,000
  • Market Improvement Value: $45,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $20,560
  • Assessed Land Value: $2,400
  • Assessed Improvements Value: $18,160

    Sales

  • Current Sale Contract Date: May 26, 2020
  • Current Sale Recording Date: Jun 02, 2020
  • Current Sale Transaction ID: 11762871645
  • Current Sale Price: $61,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20055697
  • Previous Sale Recording Date: Feb 22, 2019
  • Previous Sale Contract Date: Feb 18, 2019
  • Previous Sale Amount: $55,000
  • Previous Sale Document Type: Warranty Deed

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Frequently Asked Questions

What neighborhood is 640 Safari Drive located in?
The 640 Safari Drive is a multifamily located in the neighborhood of Messick Buntyn in Jackson - University Area, Memphis.
What is the average sales price for listings in 640 Safari Drive?
The average sales price for units in 640 Safari Drive is $0 currently.

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