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7365 Cotton Plant Cove

7365 Cotton Plant Cove, Memphis, TN 38119
House in Shelby
Sold Oct 25, 2018
$450,000
$444,450 by First Horizon Bank
Mortgage Due Apr 01, 2036
7365 Cotton Plant Cove in Memphis, TN was first built in 1975 and is 49 years old. Although, the building on the property was most recently renovated and altered in 1996. 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. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 5 partial bathrooms. 7365 Cotton Plant Cove has 4,723 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 1,500 ft and the linear feet between the front and back of the lot is 2,020. In total, the area measurement of the land is 30,300 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. For those who need parking, there is a attached garage. The garage is 552 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 B. 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. 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, 7365 Cotton Plant Cove was last sold in Oct 19, 2018 for $450,000. According to our calculations, that's $85.31 per sqft. Current property owners are expected to pay $6,649 in taxes per year. The property on 7365 Cotton Plant Cove was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $109,150. To break that down further, the land itself was valued at $17,200. While improvements to the property were assessed at a total of $91,950. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1975
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 16
  • Building Condition: Average
  • Building Quality: B
  • 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: 552
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 30,300
  • Lot Size Depth Feet: 2,020
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 5,275
  • Gross Building Area: 5,275
  • Building Area: 4,723
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,723
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COTTON PLANT PLANTATION
  • Land Acres: 0.696
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SS COTTON PLANT COVE 150.33 E OF PLANTATION COVE

Ownership

  • Current Owner : TALBOT LINDAY
  • Previous Owner : ZANELLA SHERYL M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 021334

Zoning

  • Zoning: R-15

Geography

  • Assessors Map Reference: MB 58-49-50
  • District: O
  • Parcel: 08-1087-0-0066
  • Lot: 21
  • Municipality: MEMPHIS
  • Latitude: 35.0626
  • Longitude: -89.8178

    Address

  • Full Address: 7365 Cotton Plant Cv
  • Address - House Number: 7365
  • Address - Street Name: Cotton Plant
  • Address - Suffix Type: Cv
  • State: TN
  • City Name: Memphis
  • Carrier Code: C086
  • 4-Digit Zip Code: 8950
  • Zip Code: 38119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,649

    Appraisal Valuation

  • Standard Deviation: 0.2487
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 504,692
  • High Value: 630,226
  • Low Value: 379,158

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $444,450
  • First Open Lien Mortgage Lender: FIRST HORIZON BANK
  • First Open Lien Mortgage Recording Date: Mar 09, 2021
  • First Open Lien Mortgage Loan Amount: $444,450
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2036

    Market Valuation

  • Market Total Value: $436,600
  • Market Land Value: $68,800
  • Market Improvement Value: $367,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $109,150
  • Assessed Land Value: $17,200
  • Assessed Improvements Value: $91,950

    Sales

  • Current Sale Contract Date: Oct 19, 2018
  • Current Sale Recording Date: Oct 25, 2018
  • Current Sale Transaction ID: 11523155664
  • Current Sale Price: $450,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 18109620

    Last Sale Mortgage

  • First Mortgage Lender: FIRST TENNESSEE BANK NA
  • First Mortgage Transaction Date: Oct 25, 2018
  • First Mortgage Loan Amount: $450,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2048

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Frequently Asked Questions

What neighborhood is 7365 Cotton Plant Cove located in?
The 7365 Cotton Plant Cove is a house located in the neighborhood of Shelby in Memphis, Memphis.
What is the average sales price for listings in 7365 Cotton Plant Cove?
The average sales price for units in 7365 Cotton Plant Cove is $0 currently.

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