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324 Barkwood Drive

324 Barkwood Drive, Memphis, TN 38109
Sold Mar 17, 2016
$64,000
$62,840 by Southwest Funding Lp
Mortgage Due Apr 01, 2046
Sold Aug 06, 2015
$22,500
Seller
324 Barkwood Drive in Memphis, TN was first built in 1964 and is 60 years old. Although, the building on the property was most recently renovated and altered in 1977. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a traditional style. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 324 Barkwood Drive has 1,185 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 650 ft and the linear feet between the front and back of the lot is 1,200. In total, the area measurement of the land is 7,800 square feet.

Learn more about the property and building on this page. There is a unknown. The home has a gable style roof made of composition shingle. For those who need parking, there is a carport. The garage is 241 sqft. There is one available parking space. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick veneer. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. 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, 324 Barkwood Drive was last sold in Mar 14, 2016 for $64,000. According to our calculations, that's $54.01 per sqft. Prior to that sales transaction, the property was sold for $22,500 in Jul 22, 2015. Current property owners are expected to pay $1,221 in taxes per year. The property on 324 Barkwood Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $20,050. To break that down further, the land itself was valued at $2,700. While improvements to the property were assessed at a total of $17,350. 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. 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.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: 1964
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 241
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,800
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,185
  • Gross Building Area: 1,185
  • Building Area: 1,185
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,185
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SMITH TURLEY
  • Land Acres: 0.179
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : CENTERS JOSHUA O
  • Previous Owner : SMITH GREGORY
  • Owner Before Previous Owner: US BANK NA
  • Ownership Rights Codes: Right of Survivorship
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 022700

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 07-6101-0-0009
  • Lot: 192
  • Municipality: MEMPHIS
  • Latitude: 35.0201
  • Longitude: -90.0532

    Address

  • Full Address: 324 Barkwood Dr
  • Address - House Number: 324
  • Address - Street Name: Barkwood
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Memphis
  • Carrier Code: C098
  • 4-Digit Zip Code: 6710
  • Zip Code: 38109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,221

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 401,770
  • High Value: 584,498
  • Low Value: 219,041

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $62,840
  • First Open Lien Mortgage Lender: SOUTHWEST FUNDING LP
  • First Open Lien Mortgage Recording Date: Mar 17, 2016
  • First Open Lien Mortgage Loan Amount: $62,840
  • 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: Apr 01, 2046

    Market Valuation

  • Market Total Value: $80,200
  • Market Land Value: $10,800
  • Market Improvement Value: $69,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $20,050
  • Assessed Land Value: $2,700
  • Assessed Improvements Value: $17,350

    Sales

  • Current Sale Contract Date: Mar 14, 2016
  • Current Sale Recording Date: Mar 17, 2016
  • Current Sale Transaction ID: 1474901025
  • Current Sale Price: $64,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 16025806
  • Previous Sale Recording Date: Aug 06, 2015
  • Previous Sale Contract Date: Jul 22, 2015
  • Previous Sale Amount: $22,500
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SOUTHWEST FUNDING LP
  • First Mortgage Transaction Date: Mar 17, 2016
  • First Mortgage Loan Amount: $62,840
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2046

About Mc Kellar - Whitehaven-Levi PD



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Frequently Asked Questions

What neighborhood is 324 Barkwood Drive located in?
The 324 Barkwood Drive is a located in the neighborhood of Mc Kellar - Whitehaven-Levi PD in Mc Kellar - Whitehaven-Levi PD, Memphis.
What is the average sales price for listings in 324 Barkwood Drive?
The average sales price for units in 324 Barkwood Drive is $0 currently.

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