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7386 Lavita Cove

7386 Lavita Cove, Memphis, TN 38133
House in Burloe
Sold Sep 05, 2018
$189,900
Sold Sep 12, 1997
$127,900
$117,900 by Vernon H Hobbs
Mortgage Due Sep 01, 2002
7386 Lavita 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 1997 and is 27 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 7386 Lavita Cove has 2,082 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 1,270 ft and across the front of the lot is 440 ft. The area measurement of the land has been determined as 12,802 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 540 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 patio. 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 roof of the building is 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 and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery 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, 7386 Lavita Cove sold most recently in Aug 30, 2018 for a total of $189,900. If you work out the math, that's approximately a cost of $72.43 per sqft. Before that, the property was also sold for $127,900 in Aug 29, 1997. 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 $2,870 in taxes each year. 7386 Lavita Cove was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $56,050. If we break it down further, the land itself was valued at $10,250. Improvements to the property, however, were assessed at a total of $45,800. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 6
  • 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: 540
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 12,802
  • Lot Size Depth Feet: 1,270
  • Lot Size Frontage Feet: 440
  • Total Building Area: 2,622
  • Gross Building Area: 2,622
  • Building Area: 2,082
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,082
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BURLOE PHASE 2
  • Land Acres: 0.294
  • Standard Land Use Code: Single family residential
  • Legal Description 1: E END LAVITA CV

Ownership

  • Current Owner : SMITH FAITH M
  • Previous Owner : VAUGHN JOHN C
  • Previous Owner 2: VAUGHN ELIZABETH A
  • Owner Before Previous Owner: SKIP HOBBS CONSTRUCTION LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: RS-10

Geography

  • Assessors Map Reference: MB 162-49
  • District: B
  • Parcel: B0-157K-B0-0007
  • Lot: 34
  • Municipality: BARTLETT
  • Latitude: 35.2207
  • Longitude: -89.8167

    Address

  • Full Address: 7386 Lavita Cv
  • Address - House Number: 7386
  • Address - Street Name: Lavita
  • Address - Suffix Type: Cv
  • State: TN
  • City Name: Bartlett
  • Carrier Code: R016
  • 4-Digit Zip Code: 2699
  • Zip Code: 38133

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,870

    Appraisal Valuation

  • Standard Deviation: 0.2749
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 60
  • Final Value: 305,402
  • High Value: 389,380
  • Low Value: 221,424

    Market Valuation

  • Market Total Value: $224,200
  • Market Land Value: $41,000
  • Market Improvement Value: $183,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $56,050
  • Assessed Land Value: $10,250
  • Assessed Improvements Value: $45,800

    Sales

  • Current Sale Contract Date: Aug 30, 2018
  • Current Sale Recording Date: Sep 05, 2018
  • Current Sale Transaction ID: 11504037120
  • Current Sale Price: $189,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 18090220
  • Previous Sale Recording Date: Sep 12, 1997
  • Previous Sale Contract Date: Aug 29, 1997
  • Previous Sale Amount: $127,900
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: VERNON H HOBBS
  • Previous Mortgage Transaction Date: Sep 12, 1997
  • Previous Mortgage Loan Amount: $117,900
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Due Date: Sep 01, 2002

About Burloe



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Frequently Asked Questions

What neighborhood is 7386 Lavita Cove located in?
The 7386 Lavita Cove is a house located in the neighborhood of Burloe in Burloe, Memphis.
What is the average sales price for listings in 7386 Lavita Cove?
The average sales price for units in 7386 Lavita Cove is $0 currently.

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