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7950 Tankard Drive

7950 Tankard Drive, Memphis, TN 38125
House in Richwood
Sold Aug 29, 2019
$165,000
$152,192 by Community Mortgage Corp
Mortgage Due Sep 01, 2049
Sold Aug 12, 2019
$165,000
$152,192 by Community Mortgage Corp
Mortgage Due Sep 01, 2049
7950 Tankard Drive 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 1995 and is 29 years old. The home has a total of 5 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, 7950 Tankard Drive has 1,471 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 1,120 ft and across the front of the lot is 800 ft. The area measurement of the land has been determined as 9,983 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 441 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 A 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 7950 Tankard Drive was last sold in Aug 6, 2019 for $165,000. According to our calculations, that's $86.30 per sqft. Prior to that sales transaction, the property was sold for $165,000 in Aug 6, 2019. Current property owners are expected to pay $1,346 in taxes per year. The property on 7950 Tankard Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $39,700. To break that down further, the land itself was valued at $7,000. While improvements to the property were assessed at a total of $32,700. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • 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 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: 441
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,983
  • Lot Size Depth Feet: 1,120
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,912
  • Gross Building Area: 1,912
  • Building Area: 1,471
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,471
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HIGHGROVE SEC B
  • Land Acres: 0.229
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WS HIGHGROVE DR COR TANKARD DR (NW)

Ownership

  • Current Owner : HIGGINS BOBBY LAWRENCE
  • Current Owner 2: MOODY CRYSTAL LENORA
  • Previous Owner : SY MAMADOU
  • Previous Owner 2: BRAZZIEL STEPHANIE
  • Owner Before Previous Owner: SY MAMADOU
  • Owner Before Previous Owner 2: BRAZZIEL STEPHANIE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 021745

Zoning

  • Zoning: R-8

Geography

  • Assessors Map Reference: MB 148-58
  • District: S
  • Parcel: D0-242E-E0-0064
  • Lot: 145
  • Municipality: SHELBY COUNTY
  • Latitude: 35.0263
  • Longitude: -89.7985

    Address

  • Full Address: 7950 Tankard Dr
  • Address - House Number: 7950
  • Address - Street Name: Tankard
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Memphis
  • Carrier Code: R049
  • 4-Digit Zip Code: 3155
  • Zip Code: 38125

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,346

    Appraisal Valuation

  • Standard Deviation: 0.253
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 242,288
  • High Value: 303,591
  • Low Value: 180,986

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $167,192
  • First Open Lien Mortgage Lender: COMMUNITY MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Aug 12, 2019
  • First Open Lien Mortgage Loan Amount: $152,192
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2049
  • Second Open Lien Mortgage Lender: TENNESSEE HOUSING DEVELOPMENT
  • Second Open Lien Mortgage Recording Date: Aug 12, 2019
  • Second Open Lien Mortgage Loan Amount: $15,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second

    Market Valuation

  • Market Total Value: $158,800
  • Market Land Value: $28,000
  • Market Improvement Value: $130,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $39,700
  • Assessed Land Value: $7,000
  • Assessed Improvements Value: $32,700

    Sales

  • Current Sale Contract Date: Aug 06, 2019
  • Current Sale Recording Date: Aug 29, 2019
  • Current Sale Transaction ID: 11637717874
  • Current Sale Price: $165,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19088800
  • Previous Sale Recording Date: Aug 12, 2019
  • Previous Sale Contract Date: Aug 06, 2019
  • Previous Sale Amount: $165,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: COMMUNITY MORTGAGE CORP
  • Previous Mortgage Transaction Date: Aug 12, 2019
  • Previous Mortgage Loan Amount: $152,192
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Sep 01, 2049

About Richwood



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Frequently Asked Questions

What neighborhood is 7950 Tankard Drive located in?
The 7950 Tankard Drive is a house located in the neighborhood of Richwood in Richwood, Memphis.
What is the average sales price for listings in 7950 Tankard Drive?
The average sales price for units in 7950 Tankard Drive is $0 currently.

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