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8496 Meadow Vale Drive

8496 Meadow Vale Drive, Memphis, TN 38125
Sold Aug 16, 2016
$200,000
$196,377 by Envoy Mortgage Ltd
Mortgage Due Sep 01, 2046
Sold Sep 06, 2006
$289,365
$231,491 by First Franklin Financial Corp
Mortgage Due Sep 01, 2036
Local assessors in Memphis, TN have categorized 8496 Meadow Vale Drive as a residential type of property. The home was built in 2006 and is 18 years old. The property's lot size has been calculated to be 11,977 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 11 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 8496 Meadow Vale Drive has a total of 3,799 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 759 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. Lots of brick veneer were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 8496 Meadow Vale Drive sold most recently in Aug 10, 2016 for a total of $200,000. If you work out the math, that's approximately a cost of $43.88 per sqft. Before that, the property was also sold for $289,365 in Aug 30, 2006. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $2,691 in taxes each year. 8496 Meadow Vale Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $79,375. If we break it down further, the land itself was valued at $9,475. Improvements to the property, however, were assessed at a total of $69,900. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 759
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 11,977
  • Total Building Area: 4,558
  • Gross Building Area: 4,558
  • Building Area: 3,799
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,799
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BUCKINGHAM FARMS PD PHASE 25
  • Land Acres: 0.275
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ES MEADOW VALE DRIVE COR KAMIN LANE (SS) PT OF PARCEL G & D SEE MAP GRID 207 H

Ownership

  • Current Owner : GRANT THOMAS
  • Current Owner 2: GRANT TIFFANY
  • Previous Owner : WILLIAMS MARCUS D
  • Previous Owner 2: WILLIAMS TARSHA NIKIA
  • Owner Before Previous Owner: VINTAGE HOMES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 021547

Zoning

  • Zoning: CA

Geography

  • Assessors Map Reference: MB 219-062
  • District: S
  • Parcel: D0-242C-G0-0013
  • Lot: 161
  • Municipality: SHELBY COUNTY
  • Latitude: 35.0279
  • Longitude: -89.7812

    Address

  • Full Address: 8496 Meadow Vale Dr
  • Address - House Number: 8496
  • Address - Street Name: Meadow Vale
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Memphis
  • Carrier Code: R082
  • 4-Digit Zip Code: 3452
  • Zip Code: 38125

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,691

    Appraisal Valuation

  • Standard Deviation: 0.2411
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 395,590
  • High Value: 490,978
  • Low Value: 300,202

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $218,373
  • First Open Lien Mortgage Lender: ENVOY MORTGAGE LTD
  • First Open Lien Mortgage Recording Date: Aug 16, 2016
  • First Open Lien Mortgage Loan Amount: $196,377
  • 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, 2046
  • Second Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • Second Open Lien Mortgage Recording Date: Jun 02, 2022
  • Second Open Lien Mortgage Loan Amount: $21,996
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Feb 01, 2052

    Market Valuation

  • Market Total Value: $317,500
  • Market Land Value: $37,900
  • Market Improvement Value: $279,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $79,375
  • Assessed Land Value: $9,475
  • Assessed Improvements Value: $69,900

    Sales

  • Current Sale Contract Date: Aug 10, 2016
  • Current Sale Recording Date: Aug 16, 2016
  • Current Sale Transaction ID: 1725701315
  • Current Sale Price: $200,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 16083503
  • Previous Sale Recording Date: Sep 06, 2006
  • Previous Sale Contract Date: Aug 30, 2006
  • Previous Sale Amount: $289,365
  • Previous Sale Document Type: Corporation Deed

    Last Sale Mortgage

  • First Mortgage Lender: ENVOY MORTGAGE LTD
  • First Mortgage Transaction Date: Aug 16, 2016
  • First Mortgage Loan Amount: $196,377
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: FIRST FRANKLIN FINANCIAL CORP
  • Previous Mortgage Transaction Date: Sep 06, 2006
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $231,491
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Stand Alone First
  • Previous Mortgage Loan Due Date: Sep 01, 2036

About Lakes of Forest Hill



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Frequently Asked Questions

What neighborhood is 8496 Meadow Vale Drive located in?
The 8496 Meadow Vale Drive is a located in the neighborhood of Lakes of Forest Hill in Lakes of Forest Hill, Memphis.
What is the average sales price for listings in 8496 Meadow Vale Drive?
The average sales price for units in 8496 Meadow Vale Drive is $0 currently.

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