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7053 Naples Drive

7053 Naples Drive, Cordova, TN 38018
Property in Shelby
Sold May 20, 2021
$158,000
$155,138 by Community Mortgage Corp
Mortgage Due Jun 01, 2051
Sold Aug 15, 2007
$124,600
$124,600 by Suntrust Mortgage Inc
Mortgage Due Sep 01, 2037
7053 Naples Drive in Cordova, TN was first built in 1999 and is 25 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 5 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. 7053 Naples Drive has 1,252 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 550 ft and the linear feet between the front and back of the lot is 1,100. In total, the area measurement of the land is 6,050 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 attached garage. The garage is 400 sqft. There are a total of 2 available parking spaces. 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 brick veneer. 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. The property was last sold in May 3, 2021 for $158,000. That's $95.64 per sqft. Prior to that sales transaction, the property was also sold in Aug 7, 2007 for $124,600. 7053 Naples Drive was last assessed in 2022. The total value of the property was assessed at $36,675. Specifically, the land the property is located on was valued at $6,875. While improvements on the property were assessed at a total of $29,800. 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 $1,243. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,050
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 550
  • Total Building Area: 1,652
  • Gross Building Area: 1,652
  • Building Area: 1,252
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,252
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COUNTRY WALK PHASE 7
  • Land Acres: 0.139
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SS NAPLES DR SEE MAP D2-13QE

Ownership

  • Current Owner : GRAHAM DEBORAH
  • Previous Owner : VANMALLEY GERALD
  • Owner Before Previous Owner: PHELPS JEREMY H
  • Owner Before Previous Owner 2: PHELPS CHRISTINE N
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 021124

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 185-65
  • District: S
  • Parcel: D0-213Q-E0-0021
  • Lot: 551
  • Municipality: SHELBY COUNTY
  • Latitude: 35.1553
  • Longitude: -89.8274

    Address

  • Full Address: 7053 Naples Dr
  • Address - House Number: 7053
  • Address - Street Name: Naples
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Cordova
  • Carrier Code: R042
  • 4-Digit Zip Code: 1847
  • Zip Code: 38018

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,243

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 424,867
  • High Value: 618,100
  • Low Value: 231,633

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $190,138
  • First Open Lien Mortgage Lender: COMMUNITY MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: May 20, 2021
  • First Open Lien Mortgage Loan Amount: $155,138
  • 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: Jun 01, 2051
  • Second Open Lien Mortgage Lender: BANK OF BARTLETT
  • Second Open Lien Mortgage Recording Date: Dec 29, 2022
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $35,000
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Dec 22, 2032

    Market Valuation

  • Market Total Value: $146,700
  • Market Land Value: $27,500
  • Market Improvement Value: $119,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $36,675
  • Assessed Land Value: $6,875
  • Assessed Improvements Value: $29,800

    Sales

  • Current Sale Contract Date: May 03, 2021
  • Current Sale Recording Date: May 20, 2021
  • Current Sale Transaction ID: 11835541822
  • Current Sale Price: $158,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21061555
  • Previous Sale Recording Date: Aug 15, 2007
  • Previous Sale Contract Date: Aug 07, 2007
  • Previous Sale Amount: $124,600
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COMMUNITY MORTGAGE CORP
  • First Mortgage Transaction Date: May 20, 2021
  • First Mortgage Loan Amount: $155,138
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: SUNTRUST MORTGAGE INC
  • Previous Mortgage Transaction Date: Aug 15, 2007
  • Previous Mortgage Loan Amount: $124,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Sep 01, 2037

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Frequently Asked Questions

What neighborhood is 7053 Naples Drive located in?
The 7053 Naples Drive is a located in the neighborhood of Shelby in Memphis, Cordova.
What is the average sales price for listings in 7053 Naples Drive?
The average sales price for units in 7053 Naples Drive is $0 currently.

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