NOT LISTED FOR SALE

1942 Timothy Cove Memphis, TN 38114

Southeast Memphis Neighborhood

Estimated Value: $63,837 - $86,000

2 Beds
1 Bath
100-999 Sq Ft
$75/Sq Ft Est. Value

Last Sold April 15, 2019

Last sale price $20,000 $20 Per Sq Ft

Est. 274% increase in value since last sale

Current estimated payment $415/month

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Detached Garage
  • Wood Flooring
  • Recreation Facilities
  • Porch

About This Home

As of April 2019

Excellent rental property and investment. All repairs within the last few months Includes new roof , new wiring , plumbing repair , no leaks anywhere.New Central Heating Unit Installed., Termite Inspection Completed, all Shrubbery and trees have been trimmed. Rents for 475.00. Home has been continually rented for the last eleven years. A beautiful neighborhood. A Winner for sure. Hurry for this one.

Last Agent to Sell the Property

Ida Muhammad

Assured Real Estate Services License #316478 Listed on: 06/19/2018

Last Buyer's Agent

Lisa Chairs

BEST Real Estate Company License #333996

BEST Real Estate Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $270

Year Built

  • Built in 1950

Lot Details

  • 8,276 Sq Ft Lot
  • Chain Link Fence
  • Landscaped
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 100-999 Sq Ft Home
  • 794 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Separate Formal Living Room
  • Storage Room
  • Washer and Dryer Hookup
  • Attic Access Panel

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Home Security

  • Window Bars
  • Storm Doors
  • Fire and Smoke Detector
  • Termite Clearance
  • Iron Doors

Parking

  • Detached Garage
  • Carport
  • Driveway
  • On-Street Parking

Outdoor Features

  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 031086 00021

Community Details

Overview

  • Chandler & Chandler Cloverdale Subdivision

Recreation

  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$270

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Cloverdale
  • MLS Map #: 748B
  • MAAR Subdivision Name: CHANDLER & CHANDLER CLOVERDALE
  • List Price Per Sq Ft: 25
  • Number Of Stories: 1
  • Price Per Sq Ft: 25.19
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 794
  • Termite Contract: Yes
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Kitchen, Primary Bedroom, 2nd Bedroom
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 100-999
  • Bedroom 2 Description: Level 1, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Hardwood, Vinyl Floor, Smooth Ceiling
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Refrigerator
  • Living Dining Kitchen: Separate Living Room, Eat-In Kitchen, Washer/Dryer Connections, W/D Connection in Kitchen
  • Misc Interior: Attic Access
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Level 1, Hardwood Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Porch, Well Landscaped Grounds, Sidewalks
  • Exterior Windows: Brick Veneer, Storm Door(s)
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Carport
  • Parking Display: C0D
  • Parking Storage: Driveway/Pad, Storage Room(s), On-Street Parking

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Smoke Detector(s), Iron Door(s), Window Guard(s)
  • Water Sewer: Electric Water Heater, Public Water, Public Sewer

Association/Amenities

  • Neighborhood Amenities: Recreation Facilities

Lot Info

  • Lot Description: Some Trees, Level, Chain Fenced
  • Lot Number: 117
  • Acreage: 0.19
  • Lot Size: 39.33/93.72 X 116.87/169.51
  • Price Per Acre: 105263

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 031086 00021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2018
Closed on
Apr 18, 2019
Sold by
Smith David Fitzgerald
Bought by
Brs Investments Llc and Brs Tx Investments Llc
Seller's Agent
Ida Muhammad
Assured Real Estate Services
Buyer's Agent
Lisa Chairs
BEST Real Estate Company
List Price
$23,500
Sold Price
$20,000
Premium/Discount to List
-$3,500
-14.89%
Current Estimated Value
$74,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,709
Avg. Annual Appreciation
22.36%

Purchase Details

Listed on
Apr 28, 2018
Closed on
May 8, 2018
Sold by
Harrington James Edward
Bought by
Smith David Fitzgerald
Seller's Agent
Ida Muhammad
Assured Real Estate Services
Buyer's Agent
Ida Muhammad
Assured Real Estate Services
List Price
$15,000
Sold Price
$15,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.25%

Purchase Details

Closed on
Nov 20, 2001
Sold by
Armstrong Mattie
Bought by
Harrington James Edward
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
Brs Investments Llc $10,000 Baymark T&E Svcs Llc
Smith David Fitzgerald $16,850 Baymark Title & Escrow Svcs
Harrington James Edward -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/15/2019 04/15/19 Sold $20,000 -14.9% $200 / Sq Ft
03/29/2019 03/29/19 For Sale $23,500 0.0% $235 / Sq Ft
03/29/2019 03/29/19 Price Changed $23,500 -4.1% $235 / Sq Ft
11/20/2018 11/20/18 Pending -- -- --
11/10/2018 11/10/18 Price Changed $24,500 -2.0% $245 / Sq Ft
08/25/2018 08/25/18 Price Changed $25,000 -5.7% $250 / Sq Ft
08/20/2018 08/20/18 Price Changed $26,500 -6.4% $265 / Sq Ft
08/16/2018 08/16/18 Price Changed $28,300 -4.1% $283 / Sq Ft
07/11/2018 07/11/18 Price Changed $29,500 -6.3% $295 / Sq Ft
07/08/2018 07/08/18 Price Changed $31,500 -1.6% $315 / Sq Ft
06/27/2018 06/27/18 Price Changed $32,000 -8.6% $320 / Sq Ft
06/19/2018 06/19/18 For Sale $35,000 +133.3% $350 / Sq Ft
05/09/2018 05/09/18 Sold $15,000 0.0% $150 / Sq Ft View Prior Sale
05/01/2018 05/01/18 Pending -- -- --
04/28/2018 04/28/18 For Sale $15,000 -- $150 / 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 $270 $12,975 $3,000 $9,975
2024 $270 $7,975 $1,375 $6,600
2023 $486 $7,975 $1,375 $6,600
2022 $486 $7,975 $1,375 $6,600
2021 $275 $7,975 $1,375 $6,600
2020 $531 $7,325 $1,375 $5,950
2019 $234 $7,325 $1,375 $5,950
2018 $234 $7,325 $1,375 $5,950
2017 $240 $7,325 $1,375 $5,950
2016 $326 $7,450 $0 $0
2014 $326 $7,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • I

    Seller's Agent in 2019

    Ida Muhammad

    Assured Real Estate Services

    Section Image

  • L

    Buyer's Agent in 2019

    Lisa Chairs

    BEST Real Estate Company

    (901) 603-5218

    5 Total Sales

    Lisa Chairs
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10029854

Memphis Area Association of REALTORS®

APN: 03-1086-0-0021

Tennessee Shelby County Memphis 38114 Southeast Memphis

1942 Timothy Cove, Memphis, TN

This home is located at 1942 Timothy Cove, Memphis, TN 38114 since 19 June 2018 and is currently estimated at $74,709, approximately $74 per square foot. This property was built in 1950. 1942 Timothy Cove is a home located in Shelby County with nearby schools including Hamilton High School, Hanley Schoool - Middle, and Hanley School - Elementary.

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