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7381 Peppermill Lane

7381 Peppermill Lane, Memphis, TN 38125
House in Richwood
Sold May 02, 2019
$149,000
Sold Jul 30, 1998
$115,900
$99,515 by Community Mtg Corp
Mortgage Due Jul 15, 2028
7381 Peppermill Lane in Memphis, TN was first built in 1990 and is 34 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. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 7381 Peppermill Lane has 2,512 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 1,150. In total, the area measurement of the land is 8,000 square feet.

Learn more about the property and building on this page. There is a unknown. The home has a hip style roof made of composition shingle. For those who need parking, there is a attached garage. The garage is 460 sqft. There are a total of 2 available parking spaces. 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 average. The exterior walls of the home are made of a combination of material. 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 7381 Peppermill Lane sold most recently in Apr 25, 2019 for a total of $149,000. If you work out the math, that's approximately a cost of $50.13 per sqft. Before that, the property was also sold for $115,900 in Jul 15, 1998. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,492 in taxes each year. 7381 Peppermill Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $44,000. If we break it down further, the land itself was valued at $5,850. Improvements to the property, however, were assessed at a total of $38,150. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Driveway

Driveway

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Traditional
  • Exterior Walls Type: Combination
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 460
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,000
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 700
  • Total Building Area: 2,972
  • Gross Building Area: 2,972
  • Building Area: 2,512
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,512
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: YORKTOWN VILLAGE SEC D
  • Land Acres: 0.184
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SS PEPPERMILL LN

Ownership

  • Current Owner : YAMASA CO LTD
  • Previous Owner : NOEL LESLIE
  • Previous Owner 2: NOEL CLARA
  • Owner Before Previous Owner: NORRIS GREGORY W
  • Owner Before Previous Owner 2: NORRIS JANET L
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 021745

Zoning

  • Zoning: R-8

Geography

  • Assessors Map Reference: MB 122-29
  • District: S
  • Parcel: D0-255V-F0-0015
  • Lot: 53
  • Municipality: SHELBY COUNTY
  • Latitude: 35.022
  • Longitude: -89.8174

    Address

  • Full Address: 7381 Peppermill Ln
  • Address - House Number: 7381
  • Address - Street Name: Peppermill
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Memphis
  • Carrier Code: R042
  • 4-Digit Zip Code: 3589
  • Zip Code: 38125

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,492

    Appraisal Valuation

  • Standard Deviation: 0.268
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 61
  • Final Value: 260,885
  • High Value: 330,803
  • Low Value: 190,967

    Market Valuation

  • Market Total Value: $176,000
  • Market Land Value: $23,400
  • Market Improvement Value: $152,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $44,000
  • Assessed Land Value: $5,850
  • Assessed Improvements Value: $38,150

    Sales

  • Current Sale Contract Date: Apr 25, 2019
  • Current Sale Recording Date: May 02, 2019
  • Current Sale Transaction ID: 11602705889
  • Current Sale Price: $149,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19042860
  • Previous Sale Recording Date: Jul 30, 1998
  • Previous Sale Contract Date: Jul 15, 1998
  • Previous Sale Amount: $115,900
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: COMMUNITY MTG CORP
  • Previous Mortgage Transaction Date: Jul 30, 1998
  • Previous Mortgage Loan Amount: $99,515
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jul 15, 2028

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Frequently Asked Questions

What neighborhood is 7381 Peppermill Lane located in?
The 7381 Peppermill Lane is a house located in the neighborhood of Richwood in Richwood, Memphis.
What is the average sales price for listings in 7381 Peppermill Lane?
The average sales price for units in 7381 Peppermill Lane is $0 currently.

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