NOT LISTED FOR SALE

1224 Inman Cove Memphis, TN 38111

Orange Mound Neighborhood

Estimated Value: $127,000 - $148,000

3 Beds
1 Bath
1,000-1,199 Sq Ft
$118/Sq Ft Est. Value

Last Sold January 09, 2023

Last sale price $140,000 $117 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $817/month

2 Days on Market

Highlights

  • Updated Kitchen
  • Some Wood Windows
  • Outdoor Storage
  • Traditional Architecture
  • 2 Car Detached Garage
  • Central Heating and Cooling System

About This Home

As of January 2023

This 3 bedroom home has been fully renovated with all the bells and whistles. This home has a 2 car garage with new motor & remotes, New roof, siding, LVP flooring/new carpet, Interior/Exterior paint, updated lighting, huge workshop with electrical that is slightly unfinished and so much more. Only 6 miles from the airport. Stove and dishwasher will be installed prior to closing. Qualifies for 100 percent financing.

Last Agent to Sell the Property

Victoria Brown

4 Success Realty, LLC License #305985 Listed on: 12/17/2022

Last Buyer's Agent

Flor Bernal

Crye-Leike, Inc., REALTORS License #338265

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $725

Year Built

  • Built in 1952

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 57x135
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,000 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Laminate Flooring
  • Updated Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Detached Garage
  • Front Facing Garage
  • Garage Door Opener

Outdoor Features

  • Cove
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System

Community Details

  • Cherokee Valley Subdivision

Listing and Financial Details

  • Assessor Parcel Number 059057 00020

Home Details

Home Type

Single Family

Est. Annual Taxes

$725

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 757F
  • MAAR Subdivision Name: CHEROKEE
  • List Price Per Sq Ft: 140
  • Number Of Stories: 1
  • Price Per Sq Ft: 140
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1000
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors
  • Full Bathrooms: 1
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Storage Building
  • Exterior Windows: Wood/Composition

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2D
  • Parking Storage: Garage Door Opener(s), Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level, Cove
  • Lot Number: 26
  • Acreage: 0.17
  • Lot Size: 57X135
  • Price Per Acre: 823524

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 059057 00020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2022
Closed on
Jan 9, 2023
Sold by
J Hamilton Enterprises Llc
Bought by
Whitaker Jack
Seller's Agent
Victoria Brown
4 Success Realty, LLC
Buyer's Agent
Flor Bernal
Crye-Leike, Inc., REALTORS
List Price
$139,999
Sold Price
$140,000
Premium/Discount to List
$1
0.0%
Views
17
Current Estimated Value
$141,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,933
Avg. Annual Appreciation
0.57%
Original Mortgage
$112,000
Outstanding Balance
$91,803
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$50,352

Purchase Details

Closed on
Nov 9, 2022
Sold by
Bailey Carolyn
Bought by
Jhamilton Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.92%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Whitaker Jack $140,000 --
Jhamilton Enterprises Llc $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whitaker Jack $112,000
Previous Owner Jhamilton Enterprises Llc $110,000
Previous Owner Spencer Paul L $83,176
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2023 01/09/23 Sold $140,000 0.0% $140 / Sq Ft
12/19/2022 12/19/22 Pending -- -- --
12/17/2022 12/17/22 For Sale $139,999 -- $140 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $725 $35,350 $2,500 $32,850
2024 $725 $21,400 $1,250 $20,150
2023 $1,304 $21,400 $1,250 $20,150
2022 $953 $15,650 $1,250 $14,400
2021 $954 $15,650 $1,250 $14,400
2020 $967 $13,675 $1,250 $12,425
2019 $437 $13,675 $1,250 $12,425
2018 $412 $13,675 $1,250 $12,425
2017 $412 $13,675 $1,250 $12,425
2016 $530 $12,125 $0 $0
2014 $530 $12,125 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Victoria Brown

    Seller's Agent in 2023

    Victoria Brown

    4 Success Realty, LLC

    (901) 864-3990

    6 in this area

    183 Total Sales

    Victoria Brown
    Section Image
  • Flor Bernal

    Buyer's Agent in 2023

    Flor Bernal

    Crye-Leike

    (901) 270-2857

    2 in this area

    193 Total Sales

    Flor Bernal
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10139250

Memphis Area Association of REALTORS®

APN: 05-9057-0-0020

Tennessee Shelby County Memphis 38111 Orange Mound

1224 Inman Cove, Memphis, TN

This home is located at 1224 Inman Cove, Memphis, TN 38111 since 17 December 2022 and is currently estimated at $141,933, approximately $118 per square foot. This property was built in 1952. 1224 Inman Cove is a home located in Shelby County with nearby schools including Cherokee Elementary School, Sherwood Middle, and Melrose High School.

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