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6515 Frosty Leaf Drive

6515 Frosty Leaf Drive, Memphis, TN 38141
Property in Shelby
Sold Oct 02, 2023
$171,000
Buyer
Seller
$167,902 by Mortgage Financial Services Ll
Mortgage Due Oct 01, 2053
Sold Jun 07, 2011
$47,000
Seller
$45,808 by Regions Bank
Mortgage Due Jun 01, 2041
6515 Frosty Leaf Drive in Memphis, TN was first built in 1982 and is 42 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 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 6515 Frosty Leaf Drive has 1,271 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 700 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 8,400 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a gable style roof 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 alum/vinyl siding. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Sep 29, 2023 for $171,000. That's $134.54 per sqft. Prior to that sales transaction, the property was also sold in Apr 14, 2011 for $47,000. 6515 Frosty Leaf Drive was last assessed in 2022. The total value of the property was assessed at $29,875. Specifically, the land the property is located on was valued at $4,475. While improvements on the property were assessed at a total of $25,400. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,820. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Traditional
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 8,400
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,271
  • Gross Building Area: 1,271
  • Building Area: 1,271
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,271
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FIVE THOUSAND OAKS SEC B
  • Land Acres: 0.193
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SS FROSTY LEAF LN

Ownership

  • Current Owner : WARD MARIO
  • Previous Owner : BARLOW BRANDY
  • Owner Before Previous Owner: FANNIE MAE
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 021747

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 82-52
  • District: O
  • Parcel: 09-3510-X0-0016
  • Lot: 16
  • Municipality: MEMPHIS
  • Latitude: 35.0323
  • Longitude: -89.8461

    Address

  • Full Address: 6515 Frosty Leaf Dr
  • Address - House Number: 6515
  • Address - Street Name: Frosty Leaf
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Memphis
  • Carrier Code: C059
  • 4-Digit Zip Code: 7269
  • Zip Code: 38141

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,820

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 415,420
  • High Value: 604,356
  • Low Value: 226,483

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $167,902
  • First Open Lien Mortgage Lender: MORTGAGE FINANCIAL SERVICES LL
  • First Open Lien Mortgage Recording Date: Oct 02, 2023
  • First Open Lien Mortgage Loan Amount: $167,902
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2053

    Market Valuation

  • Market Total Value: $119,500
  • Market Land Value: $17,900
  • Market Improvement Value: $101,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $29,875
  • Assessed Land Value: $4,475
  • Assessed Improvements Value: $25,400

    Sales

  • Current Sale Contract Date: Sep 29, 2023
  • Current Sale Recording Date: Oct 02, 2023
  • Current Sale Transaction ID: 11913868553
  • Current Sale Price: $171,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 83265
  • Previous Sale Recording Date: Jun 07, 2011
  • Previous Sale Contract Date: Apr 14, 2011
  • Previous Sale Amount: $47,000
  • Previous Sale Document Type: Corporation Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE FINANCIAL SERVICES LL
  • First Mortgage Transaction Date: Oct 02, 2023
  • First Mortgage Loan Amount: $167,902
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: REGIONS BANK
  • Previous Mortgage Transaction Date: Jun 07, 2011
  • Previous Mortgage Loan Amount: $45,808
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 01, 2041

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Frequently Asked Questions

What neighborhood is 6515 Frosty Leaf Drive located in?
The 6515 Frosty Leaf Drive is a located in the neighborhood of Shelby in Memphis, Memphis.
What is the average sales price for listings in 6515 Frosty Leaf Drive?
The average sales price for units in 6515 Frosty Leaf Drive is $0 currently.

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