NOT LISTED FOR SALE

1226 Madewell Cove Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $51,000 - $122,000

3 Beds
1 Bath
1,200-1,399 Sq Ft
$69/Sq Ft Est. Value

Last Sold August 02, 2024

Last sale price $60,000 $43 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $548/month

71 Days on Market

Highlights

  • 1 Fireplace
  • Den
  • Central Heating and Cooling System
  • Separate Formal Living Room
  • 1 Car Attached Garage
  • Partially Carpeted

About This Home

As of August 2024

Nestled in a quiet cove, this home sits on a large lot and has a separate den and living area. New flooring is in the den and kitchen. Enjoy the convenience of central heat and air, or use the wood burning fireplace for cozy winter nights. This home features a security system with video, and the roof is 8 yrs old. Lovingly owned for 30 years, this is an as-is sale. Make this gem yours today!

Last Agent to Sell the Property

Chandrea Moon

Zach Taylor Real Estate License #364960 Listed on: 05/07/2024

Zach Taylor Real Estate

Last Buyer's Agent

Cali Neal

KAIZEN Realty, LLC License #347714

KAIZEN Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $491

Year Built

  • Built in 1962

Lot Details

  • 0.4 Acre Lot
  • Few Trees

Home Design

  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,313 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Separate Formal Living Room
  • Den
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Home Security

  • Monitored
  • Termite Clearance
  • Iron Doors

Parking

  • 1 Car Attached Garage
  • Carport
  • Driveway

Additional Features

  • Cove
  • Central Heating and Cooling System

Community Details

  • Frayser Manor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 070012 00025

Home Details

Home Type

Single Family

Est. Annual Taxes

$491

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Ranch
  • Detached Unit Type: General Residential
  • MLS Map #: 726C
  • MAAR Subdivision Name: Frayser Manor
  • Number Of Stories: 1
  • Price Per Sq Ft: 45.7
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1313
  • Termite Contract: Yes
  • Year Built: 1962
  • List Price/ Sq Ft: 76
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Den
  • Number Of Fireplaces: 1
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1A
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Monitored Alarm System

Lot Info

  • Lot Description: Some Trees, Cove
  • Acreage: 0.4
  • Lot Size: 17,589
  • Price Per Acre: 248000
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 070012 00025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2024
Sold by
Mid South Homebuyers Gp and Mid South Homebuyers Llc
Bought by
Thomo Nicholas Spiro
Current Estimated Value
$96,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,720
Outstanding Balance
$97,795
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
-$1,127

Purchase Details

Listed on
May 7, 2024
Closed on
Aug 2, 2024
Sold by
Byers Patricia
Bought by
Mid South Homebuyers Llc
Seller's Agent
Chandrea Moon
Zach Taylor Real Estate
Buyer's Agent
Cali Neal
KAIZEN Realty, LLC
List Price
$99,200
Sold Price
$60,000
Premium/Discount to List
-$39,200
-39.52%
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.91%

Purchase Details

Closed on
May 6, 2016
Sold by
Byers Sylvester
Bought by
Byers Patricia B

Purchase Details

Closed on
Sep 22, 2000
Sold by
Byers Patricia B
Bought by
Byers Sylvester and Byers Patricia B

Purchase Details

Closed on
Oct 20, 1994
Bought by
Stephens Patricia B
Source: Public Records

Range of Values:

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Average Value
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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
Thomo Nicholas Spiro $123,400 None Listed On Document
Mid South Homebuyers Llc $60,000 None Listed On Document
Byers Patricia B -- None Available
Byers Sylvester -- --
Stephens Patricia B $43,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomo Nicholas Spiro $98,720
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2024 08/02/24 Sold $60,000 -39.5% $50 / Sq Ft
07/17/2024 07/17/24 Pending -- -- --
05/07/2024 05/07/24 For Sale $99,200 -- $83 / 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 $491 $15,000 $2,025 $12,975
2024 $491 $14,475 $1,675 $12,800
2023 $810 $14,475 $1,675 $12,800
2022 $810 $14,475 $1,675 $12,800
2021 $818 $14,475 $1,675 $12,800
2020 $723 $9,975 $1,675 $8,300
2019 $723 $9,975 $1,675 $8,300
2018 $723 $9,975 $1,675 $8,300
2017 $410 $9,975 $1,675 $8,300
2016 $499 $11,425 $0 $0
2014 $499 $11,425 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chandrea Moon

    Seller's Agent in 2024

    Chandrea Moon

    Zach Taylor Real Estate

    (901) 825-1363

    1 in this area

    3 Total Sales

    Chandrea Moon
    Section Image
  • Cali Neal

    Buyer's Agent in 2024

    Cali Neal

    KAIZEN Realty, LLC

    (901) 870-3140

    4 in this area

    93 Total Sales

    Cali Neal
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10171813

Memphis Area Association of REALTORS®

APN: 07-0012-0-0025

Tennessee Shelby County Memphis 38127 Frayser

1226 Madewell Cove, Memphis, TN

This home is located at 1226 Madewell Cove, Memphis, TN 38127 since 07 May 2024 and is currently estimated at $96,668, approximately $69 per square foot. This property was built in 1962. 1226 Madewell Cove is a home located in Shelby County with nearby schools including Whitney Achievement Elementary School, Grandview Heights Middle, and Trezevant High School.

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