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7870 Elm Leaf Drive

7870 Elm Leaf Drive, Germantown, TN 38138
Property in Germantown Park
Sold Jun 29, 2023
$455,500
$432,725 by Mortgage Investors Group
Mortgage Due Jul 01, 2053
Sold Mar 17, 2006
$222,000
$177,600 by American Mortgage Network Inc
Mortgage Due Mar 01, 2036
7870 Elm Leaf Drive has been categorized by the local assessors in Germantown, TN as a residential type of property. The building on the property was first built in 1981 and is 43 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 7870 Elm Leaf Drive has 2,970 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 1,490 ft and across the front of the lot is 1,110 ft. The area measurement of the land has been determined as 14,984 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 420 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. 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 a combination of material. 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, 7870 Elm Leaf Drive sold most recently in Jun 28, 2023 for a total of $455,500. If you work out the math, that's approximately a cost of $134.37 per sqft. Before that, the property was also sold for $222,000 in Feb 22, 2006. 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 $3,913 in taxes each year. 7870 Elm Leaf Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $74,850. If we break it down further, the land itself was valued at $12,575. Improvements to the property, however, were assessed at a total of $62,275. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1981
  • Effective Year Built: 1981
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • 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: 420
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 14,984
  • Lot Size Depth Feet: 1,490
  • Lot Size Frontage Feet: 1,110
  • Total Building Area: 3,390
  • Gross Building Area: 3,390
  • Building Area: 2,970
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,970
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GERMANTOWN PARK SEC A-4
  • Land Acres: 0.344
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NS ELM LEAF DR

Ownership

  • Current Owner : KILPATRICK TYLER K
  • Current Owner 2: KILPATRICK ASHLEY
  • Previous Owner : MATTHEWS LORI RENEE
  • Previous Owner 2: MATTHEWS PHILIP TODD
  • Owner Before Previous Owner: SAIG MICHAEL F
  • Owner Before Previous Owner 2: SAIG MARY C
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Germantown Municipal School District
  • Census Tract: 021355

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: MB 75-4
  • District: G
  • Parcel: G0-231J-E0-0030
  • Lot: 136
  • Municipality: GERMANTOWN
  • Latitude: 35.072
  • Longitude: -89.8006

    Address

  • Full Address: 7870 Elm Leaf Dr
  • Address - House Number: 7870
  • Address - Street Name: Elm Leaf
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Germantown
  • Carrier Code: C030
  • 4-Digit Zip Code: 7129
  • Zip Code: 38138

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,913

    Appraisal Valuation

  • Standard Deviation: 0.2267
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 68
  • Final Value: 435,186
  • High Value: 533,850
  • Low Value: 336,522

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $432,725
  • First Open Lien Mortgage Lender: MORTGAGE INVESTORS GROUP
  • First Open Lien Mortgage Recording Date: Jun 29, 2023
  • First Open Lien Mortgage Loan Amount: $432,725
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2053

    Market Valuation

  • Market Total Value: $299,400
  • Market Land Value: $50,300
  • Market Improvement Value: $249,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $74,850
  • Assessed Land Value: $12,575
  • Assessed Improvements Value: $62,275

    Sales

  • Current Sale Contract Date: Jun 28, 2023
  • Current Sale Recording Date: Jun 29, 2023
  • Current Sale Transaction ID: 11908705948
  • Current Sale Price: $455,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 53648
  • Previous Sale Recording Date: Mar 17, 2006
  • Previous Sale Contract Date: Feb 22, 2006
  • Previous Sale Amount: $222,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE INVESTORS GROUP
  • First Mortgage Transaction Date: Jun 29, 2023
  • First Mortgage Loan Amount: $432,725
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN MORTGAGE NETWORK INC
  • Previous Mortgage Transaction Date: Mar 17, 2006
  • Previous Mortgage Loan Amount: $177,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Mar 01, 2036

About Germantown



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Frequently Asked Questions

What neighborhood is 7870 Elm Leaf Drive located in?
The 7870 Elm Leaf Drive is a located in the neighborhood of Germantown Park in Germantown, Germantown.
What is the average sales price for listings in 7870 Elm Leaf Drive?
The average sales price for units in 7870 Elm Leaf Drive is $0 currently.

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