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670 Marina Cottage Drive

670 Marina Cottage Drive, Memphis, TN 38103
Property in Harbor Town
Sold Feb 24, 2021
$379,900
$303,920 by Community Mortgage Corp
Mortgage Due Mar 01, 2051
Sold Apr 01, 2016
$260,000
Buyer
Seller
$250,900 by Wells Fargo Bank Na
Mortgage Due Apr 01, 2046
670 Marina Cottage Drive in Memphis, TN was first built in 2004 and is 20 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 cottage style. There are a total of 2 floors. There are a total of 4 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 670 Marina Cottage Drive has 1,877 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. In total, the area measurement of the land is 2,793 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. For those who need parking, there is a carport. The garage is 240 sqft. There is one available parking space. 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 good. 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. 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. 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, 670 Marina Cottage Drive was last sold in Feb 22, 2021 for $379,900. According to our calculations, that's $202.40 per sqft. Prior to that sales transaction, the property was sold for $260,000 in Mar 29, 2016. Current property owners are expected to pay $5,857 in taxes per year. The property on 670 Marina Cottage Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $96,150. To break that down further, the land itself was valued at $25,025. While improvements to the property were assessed at a total of $71,125. 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. 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.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: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Good
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Cottage
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 240
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 2,793
  • Total Building Area: 1,877
  • Gross Building Area: 1,997
  • Building Area: 1,877
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,877
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HARBOR TOWN PD PH 21
  • Land Acres: 0.064
  • Standard Land Use Code: Planned unit development (pud residential)
  • Legal Description 1: SS MARINA COTTAGE PD SEE MAP 73 INSERT 1

Ownership

  • Current Owner : BROWN ALEXANDER G
  • Current Owner 2: BROWN KALLI A
  • Previous Owner : GOMEZ OMAR
  • Previous Owner 2: GOMEZ KARLA
  • Owner Before Previous Owner: REGIONS BANK
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 000100

Zoning

  • Zoning: CMU-3

Geography

  • Assessors Map Reference: MB 209-026
  • District: O
  • Parcel: 00-1001-0-0078
  • Lot: 430
  • Municipality: MEMPHIS
  • Latitude: 35.1598
  • Longitude: -90.0537

    Address

  • Full Address: 670 Marina Cottage Dr
  • Address - House Number: 670
  • Address - Street Name: Marina Cottage
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Memphis
  • Carrier Code: C032
  • 4-Digit Zip Code: 9011
  • Zip Code: 38103

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,857

    Appraisal Valuation

  • Standard Deviation: 0.1966
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 483,228
  • High Value: 578,265
  • Low Value: 388,191

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $303,920
  • First Open Lien Mortgage Lender: COMMUNITY MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Feb 24, 2021
  • First Open Lien Mortgage Loan Amount: $303,920
  • 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: Mar 01, 2051

    Market Valuation

  • Market Total Value: $384,600
  • Market Land Value: $100,100
  • Market Improvement Value: $284,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $96,150
  • Assessed Land Value: $25,025
  • Assessed Improvements Value: $71,125

    Sales

  • Current Sale Contract Date: Feb 22, 2021
  • Current Sale Recording Date: Feb 24, 2021
  • Current Sale Transaction ID: 11819402866
  • Current Sale Price: $379,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21021158
  • Previous Sale Recording Date: Apr 01, 2016
  • Previous Sale Contract Date: Mar 29, 2016
  • Previous Sale Amount: $260,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COMMUNITY MORTGAGE CORP
  • First Mortgage Transaction Date: Feb 24, 2021
  • First Mortgage Loan Amount: $303,920
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Apr 01, 2016
  • Previous Mortgage Loan Amount: $250,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Apr 01, 2046

About Downtown Memphis



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Frequently Asked Questions

What neighborhood is 670 Marina Cottage Drive located in?
The 670 Marina Cottage Drive is a located in the neighborhood of Harbor Town in Downtown Memphis, Memphis.
What is the average sales price for listings in 670 Marina Cottage Drive?
The average sales price for units in 670 Marina Cottage Drive is $0 currently.

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