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956 Colbert Street South

956 Colbert Street South, Collierville, TN 38017
Property in Shelby
Sold Nov 12, 2019
$450,000
$360,000 by Financial Federal Bank
Mortgage Due Nov 01, 2049
Sold May 10, 2006
$442,847
$354,277 by Mortgage Lenders Network Usa I
Mortgage Due May 01, 2036
Local assessors in Collierville, TN have categorized 956 Colbert Street South 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 10,147 square feet. The linear feet between the front and back of the lot was measured at 1,500 ft and the front of the lot was measured at 450 ft. 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 8 rooms in the home. Of these, 3 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 2 full bathrooms. There are also 3 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 956 Colbert Street South has a total of 3,417 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 782 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 both a unknown and a unknown so you'll have great options in both the front and back 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 - B. 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. 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, 956 Colbert Street South was last sold in Nov 4, 2019 for $450,000. According to our calculations, that's $107.17 per sqft. Prior to that sales transaction, the property was sold for $442,847 in May 5, 2006. Current property owners are expected to pay $5,884 in taxes per year. The property on 956 Colbert Street South was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $112,500. To break that down further, the land itself was valued at $18,000. While improvements to the property were assessed at a total of $94,500. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

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: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: B
  • 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: 782
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 10,147
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 450
  • Total Building Area: 4,199
  • Gross Building Area: 4,199
  • Building Area: 3,417
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,417
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SCHILLING FARMS PD PHASE 3
  • Land Acres: 0.233
  • Standard Land Use Code: Planned unit development (pud residential)
  • Legal Description 1: NS COLBERT ST SOUTH SEE MAP GRID# 206 D

Ownership

  • Current Owner : WILLIAMS ELIZABETH ANNE
  • Previous Owner : SADLER CYNTHIA H
  • Previous Owner 2: SADLER MICHAEL
  • Owner Before Previous Owner: RIVERBIRCH HOMES OF WEST TENNESSEE LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Collierville School District
  • Census Tract: 021545

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: MB 230-059
  • District: C
  • Parcel: C0-244D-A0-0047
  • Lot: 47
  • Municipality: COLLIERVILLE
  • Latitude: 35.0355
  • Longitude: -89.7039

    Address

  • Full Address: 956 Colbert St S
  • Address - House Number: 956
  • Street Segment Direction: S
  • Address - Street Name: Colbert
  • Address - Suffix Type: St
  • State: TN
  • City Name: Collierville
  • Carrier Code: R010
  • 4-Digit Zip Code: 6920
  • Zip Code: 38017

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,884

    Appraisal Valuation

  • Standard Deviation: 0.2249
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 68
  • Final Value: 590,811
  • High Value: 723,715
  • Low Value: 457,907

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $360,000
  • First Open Lien Mortgage Lender: FINANCIAL FEDERAL BANK
  • First Open Lien Mortgage Recording Date: Nov 12, 2019
  • First Open Lien Mortgage Loan Amount: $360,000
  • 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: Nov 01, 2049

    Market Valuation

  • Market Total Value: $450,000
  • Market Land Value: $72,000
  • Market Improvement Value: $378,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $112,500
  • Assessed Land Value: $18,000
  • Assessed Improvements Value: $94,500

    Sales

  • Current Sale Contract Date: Nov 04, 2019
  • Current Sale Recording Date: Nov 12, 2019
  • Current Sale Transaction ID: 11676843247
  • Current Sale Price: $450,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19117381
  • Previous Sale Recording Date: May 10, 2006
  • Previous Sale Contract Date: May 05, 2006
  • Previous Sale Amount: $442,847
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FINANCIAL FEDERAL BANK
  • First Mortgage Transaction Date: Nov 12, 2019
  • First Mortgage Loan Amount: $360,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE LENDERS NETWORK USA I
  • Previous Mortgage Transaction Date: May 10, 2006
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $354,277
  • 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: May 01, 2036

About Collierville



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Frequently Asked Questions

What neighborhood is 956 Colbert Street South located in?
The 956 Colbert Street South is a located in the neighborhood of Shelby in Collierville, Collierville.
What is the average sales price for listings in 956 Colbert Street South?
The average sales price for units in 956 Colbert Street South is $0 currently.

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