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7718 Red Hill Drive

7718 Red Hill Drive, Memphis, TN 38119
Property in Roseleigh
Sold Jun 17, 2013
$175,000
$175,000 by Community Mortgage Corp
Mortgage Due Jul 01, 2043
Sold Aug 04, 2006
$261,000
$208,800 by Ownit Mortgage Solutions Inc
Mortgage Due Aug 01, 2036
7718 Red Hill Drive in Memphis, TN was first built in 1994 and is 30 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 9 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 7718 Red Hill Drive has 3,695 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 1,010 ft and the linear feet between the front and back of the lot is 1,500. In total, the area measurement of the land is 16,582 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 498 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 D. 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. The property was last sold in Jun 6, 2013 for $175,000. That's $41.74 per sqft. Prior to that sales transaction, the property was also sold in Jul 20, 2006 for $261,000. 7718 Red Hill Drive was last assessed in 2022. The total value of the property was assessed at $67,500. Specifically, the land the property is located on was valued at $11,200. While improvements on the property were assessed at a total of $56,300. 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 $4,112. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • 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: 498
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 16,582
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,010
  • Total Building Area: 4,193
  • Gross Building Area: 4,193
  • Building Area: 3,695
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,695
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ROSELEIGH 1ST ADDITION
  • Land Acres: 0.381
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NS RED HILL DR

Ownership

  • Current Owner : BRAGGS JEROME
  • Current Owner 2: BRAGGS RUTH
  • Previous Owner : HERVEY RICHARD BERNARD
  • Previous Owner 2: HERVEY CELESTE
  • Owner Before Previous Owner: SMITH CHARLES T
  • Owner Before Previous Owner 2: SMITH BONNIE B
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 021354

Zoning

  • Zoning: R-10

Geography

  • Assessors Map Reference: MB 168-59
  • District: O
  • Parcel: 08-1079-B0-0075
  • Lot: 175
  • Municipality: MEMPHIS
  • Latitude: 35.0645
  • Longitude: -89.8057

    Address

  • Full Address: 7718 Red Hill Dr
  • Address - House Number: 7718
  • Address - Street Name: Red Hill
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Memphis
  • Carrier Code: C086
  • 4-Digit Zip Code: 9145
  • Zip Code: 38119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,112

    Appraisal Valuation

  • Standard Deviation: 0.2428
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 65
  • Final Value: 380,283
  • High Value: 472,623
  • Low Value: 287,943

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $175,000
  • First Open Lien Mortgage Lender: COMMUNITY MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jun 17, 2013
  • First Open Lien Mortgage Loan Amount: $175,000
  • 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: Jul 01, 2043

    Market Valuation

  • Market Total Value: $270,000
  • Market Land Value: $44,800
  • Market Improvement Value: $225,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $67,500
  • Assessed Land Value: $11,200
  • Assessed Improvements Value: $56,300

    Sales

  • Current Sale Contract Date: Jun 06, 2013
  • Current Sale Recording Date: Jun 17, 2013
  • Current Sale Transaction ID: 1176315399
  • Current Sale Price: $175,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 13071584
  • Previous Sale Recording Date: Aug 04, 2006
  • Previous Sale Contract Date: Jul 20, 2006
  • Previous Sale Amount: $261,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COMMUNITY MORTGAGE CORP
  • First Mortgage Transaction Date: Jun 17, 2013
  • First Mortgage Loan Amount: $175,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jul 01, 2043

    Previous Mortgages

  • Previous Mortgage Lender: OWNIT MORTGAGE SOLUTIONS INC
  • Previous Mortgage Transaction Date: Aug 04, 2006
  • Previous Mortgage Loan Amount: $208,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Balloon
  • Previous Mortgage Loan Due Date: Aug 01, 2036

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Frequently Asked Questions

What neighborhood is 7718 Red Hill Drive located in?
The 7718 Red Hill Drive is a located in the neighborhood of Roseleigh in Germantown, Memphis.
What is the average sales price for listings in 7718 Red Hill Drive?
The average sales price for units in 7718 Red Hill Drive is $0 currently.

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