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325 Meadowgrove Lane

325 Meadowgrove Lane, Memphis, TN 38120
Property in Shelby
Sold Aug 07, 2013
$650,000
$520,000 by Suntrust Mortgage Inc
Mortgage Due Aug 01, 2043
325 Meadowgrove Lane in Memphis, TN was first built in 1974 and is 50 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a contemporary style. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 325 Meadowgrove Lane has 5,378 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 1,050 ft and the linear feet between the front and back of the lot is 2,490. In total, the area measurement of the land is 34,848 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a mansard style roof made of metal. For those who need parking, there is a attached garage. The garage is 682 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as average. The exterior walls of the home are made of stucco. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Jul 26, 2013 for $650,000. That's $107.26 per sqft. 325 Meadowgrove Lane was last assessed in 2022. The total value of the property was assessed at $198,325. Specifically, the land the property is located on was valued at $67,175. While improvements on the property were assessed at a total of $131,150. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $12,081. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 16
  • Building Condition: Average
  • Building Quality: B
  • Building Style: Contemporary
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Mansard
  • Roof Cover Type: Metal
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 682
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 34,848
  • Lot Size Depth Feet: 2,490
  • Lot Size Frontage Feet: 1,050
  • Total Building Area: 6,060
  • Gross Building Area: 6,060
  • Building Area: 5,378
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 5,378
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIVER OAKS 1ST ADDN
  • Land Acres: 0.8
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NS SHADY GROVE RD EAST COR MEADOW GROVE LANE

Ownership

  • Current Owner : MARSHALL OSCAR T
  • Current Owner 2: MARSHALL LISANNE D
  • Previous Owner : LAMMONS J HOWARD
  • Previous Owner 2: LAMMONS CATHERINE C
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: IV

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 021311

Zoning

  • Zoning: R-15

Geography

  • Assessors Map Reference: MB 33-4
  • District: O
  • Parcel: 08-0008-0-0197
  • Lot: 88
  • Municipality: MEMPHIS
  • Latitude: 35.1221
  • Longitude: -89.857

    Address

  • Full Address: 325 Meadowgrove Ln
  • Address - House Number: 325
  • Address - Street Name: Meadowgrove
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Memphis
  • Carrier Code: C087
  • 4-Digit Zip Code: 2609
  • Zip Code: 38120

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,081

    Appraisal Valuation

  • Standard Deviation: 0.1998
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 1,049,551
  • High Value: 1,259,274
  • Low Value: 839,827

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $520,000
  • First Open Lien Mortgage Lender: SUNTRUST MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Aug 07, 2013
  • First Open Lien Mortgage Loan Amount: $520,000
  • 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: Aug 01, 2043

    Market Valuation

  • Market Total Value: $793,300
  • Market Land Value: $268,700
  • Market Improvement Value: $524,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $198,325
  • Assessed Land Value: $67,175
  • Assessed Improvements Value: $131,150

    Sales

  • Current Sale Contract Date: Jul 26, 2013
  • Current Sale Recording Date: Aug 07, 2013
  • Current Sale Transaction ID: 1176341002
  • Current Sale Price: $650,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 13096359

    Last Sale Mortgage

  • First Mortgage Lender: SUNTRUST MORTGAGE INC
  • First Mortgage Transaction Date: Aug 07, 2013
  • First Mortgage Loan Amount: $520,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2043

About Memphis



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Frequently Asked Questions

What neighborhood is 325 Meadowgrove Lane located in?
The 325 Meadowgrove Lane is a located in the neighborhood of Shelby in Memphis, Memphis.
What is the average sales price for listings in 325 Meadowgrove Lane?
The average sales price for units in 325 Meadowgrove Lane is $0 currently.

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