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6416 Shadowood Lane

6416 Shadowood Lane, Memphis, TN 38119
House in Shelby
Sold Oct 11, 2018
$340,000
$323,247 by Quicken Loans Llc
Mortgage Due Aug 01, 2050
Sold Apr 06, 2009
$200,000
$160,000 by Bancorpsouth Bank
Mortgage Due Apr 01, 2039
6416 Shadowood Lane has been categorized by the local assessors in Memphis, TN as a residential type of property. The building on the property was first built in 1972 and is 52 years old. However, we must point out that the home was most recently renovated and altered in 2002. The home has a total of 9 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 6416 Shadowood Lane has 5,049 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 1,500 ft and across the front of the lot is 1,000 ft. The area measurement of the land has been determined as 15,000 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 472 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying 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. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. 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 building has a gable style roof made of composition shingle. The exterior walls of the building are made of a combination of material. 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, 6416 Shadowood Lane was last sold in Oct 10, 2018 for $340,000. According to our calculations, that's $61.58 per sqft. Prior to that sales transaction, the property was sold for $200,000 in Mar 31, 2009. Current property owners are expected to pay $7,269 in taxes per year. The property on 6416 Shadowood Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $119,325. To break that down further, the land itself was valued at $19,725. While improvements to the property were assessed at a total of $99,600. 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. 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. 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: 2002
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Traditional
  • Exterior Walls Type: Combination
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 472
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 15,000
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 5,521
  • Gross Building Area: 5,521
  • Building Area: 5,049
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 5,049
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KIRBY WOODS SEC E
  • Land Acres: 0.344
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NS SHADOWOOD LN

Ownership

  • Current Owner : TODD MARVIN
  • Current Owner 2: TODD EVELYN
  • Previous Owner : WAUGHN JUSTIN
  • Previous Owner 2: WAUGHN LINDSEY
  • Owner Before Previous Owner: FANNIE MAE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 021320

Zoning

  • Zoning: R-10

Geography

  • Assessors Map Reference: MB 42-62
  • District: O
  • Parcel: 08-1011-A0-0032
  • Lot: 36
  • Municipality: MEMPHIS
  • Latitude: 35.095
  • Longitude: -89.8493

    Address

  • Full Address: 6416 Shadowood Ln
  • Address - House Number: 6416
  • Address - Street Name: Shadowood
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Memphis
  • Carrier Code: C092
  • 4-Digit Zip Code: 6413
  • Zip Code: 38119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,269

    Appraisal Valuation

  • Standard Deviation: 0.2324
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 608,714
  • High Value: 750,199
  • Low Value: 467,229

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $323,247
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: Aug 04, 2020
  • First Open Lien Mortgage Loan Amount: $323,247
  • 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: Aug 01, 2050

    Market Valuation

  • Market Total Value: $477,300
  • Market Land Value: $78,900
  • Market Improvement Value: $398,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $119,325
  • Assessed Land Value: $19,725
  • Assessed Improvements Value: $99,600

    Sales

  • Current Sale Contract Date: Oct 10, 2018
  • Current Sale Recording Date: Oct 11, 2018
  • Current Sale Transaction ID: 11520453402
  • Current Sale Price: $340,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 18104442
  • Previous Sale Recording Date: Apr 06, 2009
  • Previous Sale Contract Date: Mar 31, 2009
  • Previous Sale Amount: $200,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Oct 11, 2018
  • First Mortgage Loan Amount: $323,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: BANCORPSOUTH BANK
  • Previous Mortgage Transaction Date: Apr 06, 2009
  • Previous Mortgage Loan Amount: $160,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Apr 01, 2039

About Memphis



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Frequently Asked Questions

What neighborhood is 6416 Shadowood Lane located in?
The 6416 Shadowood Lane is a house located in the neighborhood of Shelby in Memphis, Memphis.
What is the average sales price for listings in 6416 Shadowood Lane?
The average sales price for units in 6416 Shadowood Lane is $0 currently.

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