Check Availability

7078 Water Oak Cove

7078 Water Oak Cove, Memphis, TN 38125
Property in Burlington
Sold Jun 26, 2017
$145,000
$135,537 by Wells Fargo Bank Na
Mortgage Due Jan 01, 2047
Sold Aug 28, 2013
$127,000
$124,699 by Guaranty Trust Co
Mortgage Due Sep 01, 2043
7078 Water Oak Cove 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 1981 and is 43 years old. The home has a total of 8 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 7078 Water Oak Cove has 3,991 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 1,680 ft and across the front of the lot is 1,360 ft. The area measurement of the land has been determined as 23,914 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 484 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of brick veneer. 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. 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, 7078 Water Oak Cove was last sold in Jun 16, 2017 for $145,000. According to our calculations, that's $32.40 per sqft. Prior to that sales transaction, the property was sold for $127,000 in Aug 9, 2013. Current property owners are expected to pay $2,973 in taxes per year. The property on 7078 Water Oak Cove was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $48,800. To break that down further, the land itself was valued at $7,300. While improvements to the property were assessed at a total of $41,500. 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. 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!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: 1981
  • Effective Year Built: 1981
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: A
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • 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: 484
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 23,914
  • Lot Size Depth Feet: 1,680
  • Lot Size Frontage Feet: 1,360
  • Total Building Area: 4,475
  • Gross Building Area: 4,475
  • Building Area: 3,991
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,991
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GERMANTOWN OAKS SEC B
  • Land Acres: 0.549
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NS WATER OAK CV

Ownership

  • Current Owner : COLE JAMES E
  • Previous Owner : GOODRICH BRANDON COLLIN
  • Owner Before Previous Owner: MOSS DEBORAH J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 021744

Zoning

  • Zoning: R-8

Geography

  • Assessors Map Reference: MB 76-9
  • District: O
  • Parcel: 09-3523-K0-0035
  • Lot: 252
  • Municipality: MEMPHIS
  • Latitude: 35.0291
  • Longitude: -89.8274

    Address

  • Full Address: 7078 Water Oak Cv
  • Address - House Number: 7078
  • Address - Street Name: Water Oak
  • Address - Suffix Type: Cv
  • State: TN
  • City Name: Memphis
  • Carrier Code: C047
  • 4-Digit Zip Code: 2942
  • Zip Code: 38125

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,973

    Appraisal Valuation

  • Standard Deviation: 0.2434
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 65
  • Final Value: 272,142
  • High Value: 338,407
  • Low Value: 205,877

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $135,537
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Oct 18, 2022
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $135,537
  • First Open Lien Mortgage Term: 290
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2047

    Market Valuation

  • Market Total Value: $195,200
  • Market Land Value: $29,200
  • Market Improvement Value: $166,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $48,800
  • Assessed Land Value: $7,300
  • Assessed Improvements Value: $41,500

    Sales

  • Current Sale Contract Date: Jun 16, 2017
  • Current Sale Recording Date: Jun 26, 2017
  • Current Sale Transaction ID: 1589417042
  • Current Sale Price: $145,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 17064017
  • Previous Sale Recording Date: Aug 28, 2013
  • Previous Sale Contract Date: Aug 09, 2013
  • Previous Sale Amount: $127,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Mortgage Transaction Date: Jun 26, 2017
  • First Mortgage Loan Amount: $148,117
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jul 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: GUARANTY TRUST CO
  • Previous Mortgage Transaction Date: Aug 28, 2013
  • Previous Mortgage Loan Amount: $124,699
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Sep 01, 2043

About Burlington



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 7078 Water Oak Cove located in?
The 7078 Water Oak Cove is a located in the neighborhood of Burlington in Burlington, Memphis.
What is the average sales price for listings in 7078 Water Oak Cove?
The average sales price for units in 7078 Water Oak Cove is $0 currently.

Quantcast