NOT LISTED FOR SALE

1488 Wheaton Cove Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $254,000 - $277,000

3 Beds
1.5 Baths
1,200-1,399 Sq Ft
$188/Sq Ft Est. Value

Last Sold November 20, 2020

Last sale price $224,500 $160 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,591/month

60 Days on Market

Highlights

  • Updated Kitchen
  • Wood Flooring
  • Porch
  • Traditional Architecture
  • Some Wood Windows
  • Patio

About This Home

As of November 2020

Freshly updated, delightful home at the end of a quite cove. New roof, brand new AC system, hot-water heater is less than 10 years old and the furnace is about 10 years old. Upgraded kitchen with granite counter tops, stainless steel appliances, subway tile back-splash and eat in area. Hall bath has new subway tile tub-surround and fixtures. All hardwood flooring has been refinished. Spacious addition on the back of the house off the kitchen. Perfect home for you.

Last Agent to Sell the Property

Thomas Sheddan

BHHS McLemore & Co. Realty License #351546 Listed on: 08/10/2020

BHHS McLemore & Co. Realty

Last Buyer's Agent

Elizabeth Gant

REMAX Experts License #343305

REMAX Experts

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,901

Year Built

  • Built in 1958

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 39x125
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,393 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Updated Kitchen

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Remodeled Bathroom

Parking

  • 1 Parking Space
  • Workshop in Garage

Outdoor Features

  • Patio
  • Outdoor Storage
  • Porch

Utilities

  • Central Air
  • Radiant Ceiling

Community Details

  • Voluntary home owners association
  • Colonial Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 067046 00059

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,901

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 759B
  • MAAR Subdivision Name: COLONIAL ACRES
  • List Price Per Sq Ft: 162
  • Number Of Stories: 1
  • Price Per Sq Ft: 161.16
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1393
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Renovated Bathroom
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Hardwood Throughout, Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Master Bedroom Dimensions: 14x10
  • Total Bathrooms: 1.1

Exterior Features

  • Misc Exterior: Storage Building, Porch, Patio
  • Exterior Windows: Wood/Composition

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Workshop(s)

Utilities

  • Cooling: Central
  • Heating: Ceiling Heat

Association/Amenities

  • Neighborhood Association: Voluntary

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 828
  • Acreage: 0.3
  • Keeping Hearth Dimension: 17x14
  • Lot Size: 39X125
  • Price Per Acre: 750000

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 067046 00059

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2020
Closed on
Nov 20, 2020
Sold by
Gus Properties Inc
Bought by
Fannin Jacob Daniel
Seller's Agent
Thomas Sheddan
BHHS McLemore & Co. Realty
Buyer's Agent
Elizabeth Gant
REMAX Experts
List Price
$232,500
Sold Price
$224,500
Premium/Discount to List
-$8,000
-3.44%
Current Estimated Value
$263,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,071
Avg. Annual Appreciation
3.40%
Original Mortgage
$217,765
Outstanding Balance
$195,540
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$67,827

Purchase Details

Closed on
Oct 6, 2017
Sold by
Gusco Inc
Bought by
Gus Properti4es Inc

Purchase Details

Closed on
Jul 15, 2016
Sold by
Young Harper Mathis
Bought by
Gusco Inc

Purchase Details

Closed on
May 24, 2007
Sold by
Beverly S Herber Revocable Living Trust
Bought by
Young Harper Mathis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,995
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 4, 2006
Sold by
Crenshaw William D and Crenshaw Joann
Bought by
Beverly S Herber Revocable Living Trust
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
Fannin Jacob Daniel $224,500 None Available
Gus Properti4es Inc -- None Available
Gusco Inc -- None Available
Young Harper Mathis $149,995 None Available
Beverly S Herber Revocable Living Trust $107,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fannin Jacob Daniel $217,765
Previous Owner Young Harper Mathis $145,700
Previous Owner Young Harper Mathis $149,995
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2020 11/20/20 Sold $224,500 0.0% $187 / Sq Ft
11/11/2020 11/11/20 Off Market $224,500 -- --
10/06/2020 10/06/20 Price Changed $225,000 -2.0% $188 / Sq Ft
09/08/2020 09/08/20 Price Changed $229,500 -1.3% $191 / Sq Ft
08/10/2020 08/10/20 For Sale $232,500 -- $194 / 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 $1,901 $61,475 $11,250 $50,225
2024 $1,901 $56,075 $8,650 $47,425
2023 $3,416 $56,075 $8,650 $47,425
2022 $3,416 $56,075 $8,650 $47,425
2021 $3,456 $56,075 $8,650 $47,425
2020 $2,232 $30,800 $8,650 $22,150
2019 $984 $30,800 $8,650 $22,150
2018 $984 $30,800 $8,650 $22,150
2017 $1,008 $30,800 $8,650 $22,150
2016 $1,170 $26,775 $0 $0
2014 $1,170 $26,775 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    Thomas Sheddan

    BHHS McLemore & Co. Realty

    Section Image
  • Elizabeth Gant

    Buyer's Agent in 2020

    Elizabeth Gant

    RE/MAX

    (901) 494-3228

    16 in this area

    106 Total Sales

    Elizabeth Gant
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10082487

Memphis Area Association of REALTORS®

APN: 06-7046-0-0059

Tennessee Shelby County Memphis 38117 Colonial Acres

1488 Wheaton Cove, Memphis, TN

This home is located at 1488 Wheaton Cove, Memphis, TN 38117 since 10 August 2020 and is currently estimated at $263,571, approximately $188 per square foot. This property was built in 1958. 1488 Wheaton Cove is a home located in Shelby County with nearby schools including Sea Isle Elementary School, Colonial Middle, and Overton High.

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