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7956 Country Lake Drive

7956 Country Lake Drive, Memphis, TN 38133
Sold Jul 02, 2020
$294,400
$233,600 by Cogent Bank
Mortgage Due Jul 01, 2050
7956 Country Lake 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 2020 and is 4 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 1 stories. In addition, 7956 Country Lake Drive has 2,299 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 1,210 ft and across the front of the lot is 650 ft. The area measurement of the land has been determined as 7,945 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 483 sqft. 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. 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 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. 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, 7956 Country Lake Drive sold most recently in Jun 26, 2020 for a total of $294,400. If you work out the math, that's approximately a cost of $105.82 per sqft. 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 $3,805 in taxes each year. 7956 Country Lake Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $74,325. If we break it down further, the land itself was valued at $14,200. Improvements to the property, however, were assessed at a total of $60,125. 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.

Building Features

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 483
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,945
  • Lot Size Depth Feet: 1,210
  • Lot Size Frontage Feet: 650
  • Total Building Area: 2,782
  • Gross Building Area: 2,782
  • Building Area: 2,299
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,299
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COUNTRY MEADOWS NORTH 2ND ADDITION AREA
  • Land Acres: 0.182
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NS COUNTRY LAKE DRIVE COUNTRY MEADOWS NORTH 2ND ADDN AREA B PHASE 2 SEE MAP GRID 96 E

Ownership

  • Current Owner : SPENCE ANIKIA LAWRENCE
  • Current Owner 2: SPENCE GEORGE
  • Previous Owner : COUNTRY MEADOWS DEVELOPMENT CORPORATION
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: RS-10 PD

Geography

  • Assessors Map Reference: MB 273-039
  • District: B
  • Subdivision Phase Number: 2
  • Parcel: B0-158X-E0-0023
  • Lot: 67
  • Municipality: BARTLETT
  • Latitude: 35.2267
  • Longitude: -89.7976

    Address

  • Full Address: 7956 Country Lake Dr
  • Address - House Number: 7956
  • Address - Street Name: Country Lake
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Bartlett
  • Carrier Code: R006
  • 4-Digit Zip Code: 2771
  • Zip Code: 38133

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,805

    Appraisal Valuation

  • Standard Deviation: 0.2487
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 377,835
  • High Value: 471,815
  • Low Value: 283,854

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $233,600
  • First Open Lien Mortgage Lender: COGENT BANK
  • First Open Lien Mortgage Recording Date: Jul 02, 2020
  • First Open Lien Mortgage Loan Amount: $233,600
  • 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, 2050

    Market Valuation

  • Market Total Value: $297,300
  • Market Land Value: $56,800
  • Market Improvement Value: $240,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $74,325
  • Assessed Land Value: $14,200
  • Assessed Improvements Value: $60,125

    Sales

  • Current Sale Contract Date: Jun 26, 2020
  • Current Sale Recording Date: Jul 02, 2020
  • Current Sale Transaction ID: 11770270428
  • Current Sale Price: $294,400
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20068245

    Last Sale Mortgage

  • First Mortgage Lender: COGENT BANK
  • First Mortgage Transaction Date: Jul 02, 2020
  • First Mortgage Loan Amount: $233,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

About Country Meadows



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Frequently Asked Questions

What neighborhood is 7956 Country Lake Drive located in?
The 7956 Country Lake Drive is a house located in the neighborhood of Country Meadows in Country Meadows, Memphis.
What is the average sales price for listings in 7956 Country Lake Drive?
The average sales price for units in 7956 Country Lake Drive is $0 currently.

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