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7431 Crestridge Road

7431 Crestridge Road, Memphis, TN 38119
Property in Shelby
Sold Jan 23, 2006
$235,000
$188,000 by Ownit Mortgage Solutions Inc
Mortgage Due Feb 01, 2036
Sold Aug 29, 1996
$189,900
$100,000 by First Trust Mtg Company
Mortgage Due Sep 01, 2011
7431 Crestridge Road 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 1989 and is 35 years old. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 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, 7431 Crestridge Road has 2,519 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 1,500 ft and across the front of the lot is 1,460 ft. The area measurement of the land has been determined as 25,656 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a style that we are currently unable to determine.

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 552 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 D by the local assessor. The building has a hip 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 and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Jan 9, 2006 for $235,000. That's $76.52 per sqft. Prior to that sales transaction, the property was also sold in Aug 28, 1996 for $189,900. 7431 Crestridge Road was last assessed in 2022. The total value of the property was assessed at $66,450. Specifically, the land the property is located on was valued at $10,100. While improvements on the property were assessed at a total of $56,350. 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 $4,048. 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! 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: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Other
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 552
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 25,656
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,460
  • Total Building Area: 3,071
  • Gross Building Area: 3,071
  • Building Area: 2,519
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,519
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GRAND OAKS
  • Land Acres: 0.589
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WS GRAND FIELDS LN

Ownership

  • Current Owner : ORIAKU STEVE C
  • Previous Owner : MAHLER ROBERT T
  • Previous Owner 2: MAHLER ROSA D
  • Owner Before Previous Owner: JEFFRIES JAMES E
  • 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 125-42
  • District: O
  • Parcel: 08-1078-B0-0001
  • Lot: 6
  • Municipality: MEMPHIS
  • Latitude: 35.0678
  • Longitude: -89.8152

    Address

  • Full Address: 7431 Crestridge Rd
  • Address - House Number: 7431
  • Address - Street Name: Crestridge
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Memphis
  • Carrier Code: C086
  • 4-Digit Zip Code: 9001
  • Zip Code: 38119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,048

    Appraisal Valuation

  • Standard Deviation: 0.2324
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 359,888
  • High Value: 443,537
  • Low Value: 276,238

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $235,000
  • First Open Lien Mortgage Lender: OWNIT MORTGAGE SOLUTIONS INC
  • First Open Lien Mortgage Recording Date: Jan 23, 2006
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $188,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Balloon
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2036
  • Second Open Lien Mortgage Lender: OWNIT MORTGAGE SOLUTIONS INC
  • Second Open Lien Mortgage Recording Date: Jan 23, 2006
  • Second Open Lien Mortgage Loan Amount: $47,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second
  • Second Open Lien Mortgage Loan Due Date: Feb 01, 2036

    Market Valuation

  • Market Total Value: $265,800
  • Market Land Value: $40,400
  • Market Improvement Value: $225,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $66,450
  • Assessed Land Value: $10,100
  • Assessed Improvements Value: $56,350

    Sales

  • Current Sale Contract Date: Jan 09, 2006
  • Current Sale Recording Date: Jan 23, 2006
  • Current Sale Transaction ID: 1176317463
  • Current Sale Price: $235,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 06012819
  • Previous Sale Recording Date: Aug 29, 1996
  • Previous Sale Contract Date: Aug 28, 1996
  • Previous Sale Amount: $189,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: OWNIT MORTGAGE SOLUTIONS INC
  • First Mortgage Transaction Date: Jan 23, 2006
  • First Mortgage Loan Amount: $188,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Balloon
  • First Mortgage Loan Due Date: Feb 01, 2036

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: FIRST TRUST MTG COMPANY
  • Previous Mortgage Transaction Date: Aug 29, 1996
  • Previous Mortgage Loan Amount: $100,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Due Date: Sep 01, 2011

About Memphis



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Frequently Asked Questions

What neighborhood is 7431 Crestridge Road located in?
The 7431 Crestridge Road is a located in the neighborhood of Shelby in Memphis, Memphis.
What is the average sales price for listings in 7431 Crestridge Road?
The average sales price for units in 7431 Crestridge Road is $0 currently.

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