NOT LISTED FOR SALE

1383 Melrose Cove Memphis, TN 38106

Southeast Memphis Neighborhood

Estimated Value: $75,000 - $95,000

3 Beds
1.5 Baths
1,400-1,599 Sq Ft
$54/Sq Ft Est. Value

Last Sold December 07, 2016

Last sale price $41,900 $26 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $482/month

Highlights

  • Den with Fireplace
  • Wood Flooring
  • Central Heating and Cooling System
  • Traditional Architecture
  • Patio
  • Level Lot

About This Home

As of December 2016

Great Property on a quiet cove that features 3 bedrooms/1.5 baths. Property previously rented for $650.00 per month. Property is in good shape and has been well maintained. Please call for questions or offers

Last Agent to Sell the Property

Patrick Scifres

Fast Track Realty, LLC License #332811 Listed on: 04/08/2016

Co-Listed By

Tina Sandoval

Spartan REALTORS, LLC License #312887

Last Buyer's Agent

NON-MLS NON-BOARD AGENT

NON-MLS OR NON-BOARD OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $409

Year Built

  • Built in 1950

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 52.5 x 145
  • Level Lot

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,411 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Den with Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Home Security

  • Fire and Smoke Detector
  • Iron Doors

Parking

  • 1 Parking Space
  • Driveway

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • Parkway Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 026053 00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$409

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: PARKWAY GARDENS
  • List Price Per Sq Ft: 35
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1411
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 5 Description: Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: In Den/Great Room
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Misc Interior: Excl Some Window Treatmnt, Smoke Detector(s)

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Patio
  • Exterior Windows: Brick Veneer
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Level
  • Lot Number: 6
  • Acreage: 0.17
  • Lot Size: 52.5 X 145

Tax Info

  • Assessor Parcel Number: 026053 00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2016
Closed on
Dec 7, 2016
Sold by
Sims Oliver and Sims Rowena
Bought by
Mimes Jennelle R and Mimes Pamela
Seller's Agent
Patrick Scifres
Fast Track Realty, LLC
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$49,900
Sold Price
$41,900
Premium/Discount to List
-$8,000
-16.03%
Current Estimated Value
$85,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,773
Avg. Annual Appreciation
8.38%

Purchase Details

Closed on
Jul 12, 2004
Sold by
Sims Bernice R
Bought by
Sims Rowena Denise and Sims Oliver A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mimes Jennelle R $41,900 Baymarks Title And Escrow Se
Sims Rowena Denise -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2016 12/07/16 Sold $41,900 -16.0% $30 / Sq Ft
11/10/2016 11/10/16 Pending -- -- --
04/08/2016 04/08/16 For Sale $49,900 -- $36 / 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 $409 $18,725 $1,875 $16,850
2024 $409 $12,075 $1,075 $11,000
2023 $736 $12,075 $1,075 $11,000
2022 $736 $12,075 $1,075 $11,000
2021 $744 $12,075 $1,075 $11,000
2020 $759 $10,475 $1,075 $9,400
2019 $759 $10,475 $1,075 $9,400
2018 $759 $10,475 $1,075 $9,400
2017 $506 $12,300 $1,075 $11,225
2016 $558 $12,775 $0 $0
2014 $558 $12,775 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2016

    Patrick Scifres

    Fast Track Realty, LLC

  • Tina Sandoval

    Seller Co-Listing Agent in 2016

    Tina Sandoval

    Spartan REALTORS, LLC

    (901) 218-6558

    271 Total Sales

    Tina Sandoval
    Section Image

  • N

    Buyer's Agent in 2016

    NON-MLS NON-BOARD AGENT

    NON-MLS OR NON-BOARD OFFICE

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9975865

Memphis Area Association of REALTORS®

APN: 02-6053-0-0005

Tennessee Shelby County Memphis 38106 Southeast Memphis

1383 Melrose Cove, Memphis, TN

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