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7385 Drew Valley Drive

7385 Drew Valley Drive, Memphis, TN 38133
Property in Burloe
Sold Jan 12, 2016
$207,000
$211,450 by Movement Mortgage
Mortgage Due Feb 01, 2046
Sold Mar 31, 1998
$126,900
$126,559 by First Trust Mtg Company
Mortgage Due Apr 01, 2028
7385 Drew Valley Drive in Memphis, TN was first built in 1998 and is 26 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. 7385 Drew Valley Drive has 2,592 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 860 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 10,876 square feet.

Learn more about the property and building on this page. There is a unknown. The roof of the home is made of composition shingle. 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 A. 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. 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 Jan 7, 2016 for $207,000. That's $69.18 per sqft. Prior to that sales transaction, the property was also sold in Mar 26, 1998 for $126,900. 7385 Drew Valley Drive was last assessed in 2022. The total value of the property was assessed at $64,475. Specifically, the land the property is located on was valued at $10,250. While improvements on the property were assessed at a total of $54,225. 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 $3,301. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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: 1998
  • Effective Year Built: 1998
  • 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: A
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Roof Cover Type: Composition shingle
  • 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: 10,876
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 860
  • Total Building Area: 2,992
  • Gross Building Area: 2,992
  • Building Area: 2,592
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,592
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BURLOE PHASE THREE
  • Land Acres: 0.25
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SS DREW VALLEY CV SEE MAP D1-58TG

Ownership

  • Current Owner : BOWMAN DAVID R
  • Current Owner 2: BOWMAN ROBIN C
  • Previous Owner : HOLLAND OVIE C
  • Previous Owner 2: HOLLAND MARIE E
  • Owner Before Previous Owner: SKIP HOBBS CONSTRUCTION LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Bartlett City School District
  • Census Tract: 020632

Zoning

  • Zoning: RS-10

Geography

  • Assessors Map Reference: MB 174-21
  • District: B
  • Parcel: B0-158T-G0-0009
  • Lot: 109
  • Municipality: BARTLETT
  • Latitude: 35.2176
  • Longitude: -89.8169

    Address

  • Full Address: 7385 Drew Valley Dr
  • Address - House Number: 7385
  • Address - Street Name: Drew Valley
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Bartlett
  • Carrier Code: R016
  • 4-Digit Zip Code: 2672
  • Zip Code: 38133

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,301

    Appraisal Valuation

  • Standard Deviation: 0.234
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 362,582
  • High Value: 447,432
  • Low Value: 277,733

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $211,450
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE
  • First Open Lien Mortgage Recording Date: Jan 12, 2016
  • First Open Lien Mortgage Loan Amount: $211,450
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2046

    Market Valuation

  • Market Total Value: $257,900
  • Market Land Value: $41,000
  • Market Improvement Value: $216,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $64,475
  • Assessed Land Value: $10,250
  • Assessed Improvements Value: $54,225

    Sales

  • Current Sale Contract Date: Jan 07, 2016
  • Current Sale Recording Date: Jan 12, 2016
  • Current Sale Transaction ID: 1392960711
  • Current Sale Price: $207,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 16003061
  • Previous Sale Recording Date: Mar 31, 1998
  • Previous Sale Contract Date: Mar 26, 1998
  • Previous Sale Amount: $126,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE
  • First Mortgage Transaction Date: Jan 12, 2016
  • First Mortgage Loan Amount: $211,450
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Feb 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: FIRST TRUST MTG COMPANY
  • Previous Mortgage Transaction Date: Mar 31, 1998
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $126,559
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Apr 01, 2028

About Burloe



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Frequently Asked Questions

What neighborhood is 7385 Drew Valley Drive located in?
The 7385 Drew Valley Drive is a located in the neighborhood of Burloe in Burloe, Memphis.
What is the average sales price for listings in 7385 Drew Valley Drive?
The average sales price for units in 7385 Drew Valley Drive is $0 currently.

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