NOT LISTED FOR SALE

1618 Paula Cove Memphis, TN 38116

Whitehaven Neighborhood

Estimated Value: $153,954 - $187,000

3 Beds
1 Bath
1,400-1,599 Sq Ft
$107/Sq Ft Est. Value

Last Sold December 21, 2016

Last sale price $27,500 $17 Per Sq Ft

Est. 523% increase in value since last sale

Current estimated payment $997/month

261 Days on Market

Highlights

  • 0.58 Acre Lot
  • Wood Flooring
  • Separate Formal Living Room
  • Traditional Architecture
  • 1 Fireplace
  • Screened Porch

About This Home

As of December 2016

LARGE FAMILY HOME WITH LOADS OF CHARACTER. NOTE ROOM SIZES. LARGE LIVING ROOM WITH FIREPLACE, LARGE FORMAL DINING ROOM, LARGE SCREENED PORCH OFF OF DINING ROOM, LARGE KITCHEN WITH BREAKFAST NOOK. PERMANENT STAIRS TO ATTIC SPACE OFF OF HALLWAY. HARDWOOD FLOORS, GREAT FIXTURES, HIGH SMOOTH CEILINGS AND MORE. LOCATED ON A HUGE 1/2 ACRE LOT AT THE END OF PAULA COVE IN BEAUTIFUL WHITEHAVEN GARDENS. HOME IS SELLING AS-IS AND WILL NOT QUALIFY FOR INSURED FINANCING BUT THIS ONE COULD BE A SHOW PLACE.

Last Agent to Sell the Property

Robert Vaughn

The Carter Group LLC, REALTORS License #233832 Listed on: 03/22/2016

Last Buyer's Agent

Kira Auvert

Adaro Realty, Inc. License #281535

Adaro Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $794

Year Built

  • Built in 1964

Lot Details

  • 0.58 Acre Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,526 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Some Wood Windows
  • Separate Formal Living Room
  • Breakfast Room
  • Den
  • Screened Porch
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Additional Features

  • Cove
  • Floor Furnace

Community Details

  • Whitehaven Gardens 3Rd Addn Subdivision
  • The community has rules related to allowing corporate owners

Listing and Financial Details

  • Assessor Parcel Number 079042 00057

Home Details

Home Type

Single Family

Est. Annual Taxes

$794

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: PAULA DR
  • MLS Map #: 768A
  • MAAR Subdivision Name: WHITEHAVEN GARDENS 3RD ADD
  • Corporate Own: Yes
  • List Price Per Sq Ft: 20
  • Number Of Stories: 1
  • Price Per Sq Ft: 18.02
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1526
  • Year Built: 1964
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Den, Separate Breakfast Room
  • Number Of Fireplaces: 1
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Screen Porch
  • Exterior Windows: Brick Veneer, Wood/Composition

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Heating: Floor Furnace

Lot Info

  • Lot Description: Some Trees, Cove
  • Lot Number: 38
  • Acreage: 0.58
  • Lot Size: 49.64/200.75IRRX245.23/120.36
  • Price Per Acre: 51552

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 079042 00057

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2016
Closed on
Dec 20, 2016
Sold by
Pegasus Development Llc
Bought by
Basurto Lino Escobedo and Vasquez Blanca
Seller's Agent
Robert Vaughn
The Carter Group LLC, REALTORS
Buyer's Agent
Kira Auvert
Adaro Realty, Inc.
List Price
$39,900
Sold Price
$27,500
Premium/Discount to List
-$12,400
-31.08%
Current Estimated Value
$171,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,739
Avg. Annual Appreciation
22.93%

Purchase Details

Closed on
Dec 12, 2014
Sold by
Wells Fargo Bank Na
Bought by
Pegasus Development Llc

Purchase Details

Closed on
Sep 9, 2014
Sold by
Foster Henry W and Foster Youvette
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Dec 10, 2004
Sold by
Wade Cedric C
Bought by
Foster Henry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,750
Interest Rate
8.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 13, 2001
Sold by
Ccw Investment
Bought by
Wade Cedric C

Purchase Details

Closed on
Mar 19, 2001
Sold by
Kimbrough Lewis M and Mccoy James C
Bought by
Mason Victoria Lynn and Mccoy James C
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
Basurto Lino Escobedo $27,500 Baymark Title And Escrow Ser
Pegasus Development Llc $25,009 Premium Title Services Inc
Wells Fargo Bank Na $84,025 None Available
Foster Henry $105,000 Equity Title & Escrow Co
Wade Cedric C -- Equity Title & Escrow Co
Mason Victoria Lynn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Basurto Lino Escobedo $150,000
Previous Owner Foster Henry $99,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2016 12/21/16 Sold $27,500 -31.1% $20 / Sq Ft
12/08/2016 12/08/16 Pending -- -- --
03/22/2016 03/22/16 For Sale $39,900 -- $29 / 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 $794 $31,500 $7,000 $24,500
2024 $794 $23,425 $5,425 $18,000
2023 $1,427 $23,425 $5,425 $18,000
2022 $1,427 $23,425 $5,425 $18,000
2021 $1,444 $23,425 $5,425 $18,000
2020 $1,293 $17,850 $5,425 $12,425
2019 $1,293 $17,850 $5,425 $12,425
2018 $1,293 $17,850 $5,425 $12,425
2017 $734 $17,850 $5,425 $12,425
2016 $790 $18,075 $0 $0
2014 $790 $18,075 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    Robert Vaughn

    The Carter Group LLC, REALTORS

    (901) 652-4634

    22 Total Sales

    Robert Vaughn
    Section Image
  • Kira Auvert

    Buyer's Agent in 2016

    Kira Auvert

    Adaro Realty, Inc.

    (901) 848-3014

    145 Total Sales

    Kira Auvert
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9973643

Memphis Area Association of REALTORS®

APN: 07-9042-0-0057

Tennessee Shelby County Memphis 38116 Whitehaven

1618 Paula Cove, Memphis, TN

This home is located at 1618 Paula Cove, Memphis, TN 38116 since 22 March 2016 and is currently estimated at $171,239, approximately $107 per square foot. This property was built in 1964. 1618 Paula Cove is a home located in Shelby County with nearby schools including Whitehaven Elementary STEM School, Havenview Middle School, and Whitehaven High School.

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