NOT LISTED FOR SALE

1948 Timothy Cove Memphis, TN 38114

Southeast Memphis Neighborhood

Estimated Value: $62,634 - $91,000

2 Beds
1 Bath
1,000-1,199 Sq Ft
$61/Sq Ft Est. Value

Last Sold June 28, 2014

Last sale price $18,000 $15 Per Sq Ft

Est. 306% increase in value since last sale

Current estimated payment $428/month

Highlights

  • Traditional Architecture
  • Den
  • Double Pane Windows
  • Wood Flooring
  • Storm Windows
  • Burglar Security System

About This Home

As of June 2014

Move in Ready with hardwood flooring throughout. New roof installed August 2013. As Is, No Repairs.

Last Agent to Sell the Property

Paula Rodgers

Hayes Homes and Realty, Inc License #310310 Listed on: 04/29/2014

Last Buyer's Agent

Elaine Muhammad

KAIZEN Realty, LLC License #274557

KAIZEN Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Property Attached
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 960 Sq Ft Home
  • 1-Story Property
  • Popcorn or blown ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Aluminum Window Frames
  • Combination Dining and Living Room
  • Den
  • Storage Room
  • Washer and Dryer Hookup
  • Attic Access Panel
  • Ice Maker

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Home Security

  • Burglar Security System
  • Storm Windows
  • Fire and Smoke Detector
  • Iron Doors

Parking

  • 1 Parking Space
  • 1 Covered Space
  • Driveway

Outdoor Features

  • Cove

Utilities

  • Heating System Mounted To A Wall or Window
  • 220 Volts
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Chandler & Chandler Cloverdale Subdivision

Listing and Financial Details

  • Assessor Parcel Number 031086 00018

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 748B
  • MAAR Subdivision Name: CHANDLER & CHANDLER CLOVERDALE
  • List Price Per Sq Ft: 26
  • Number Of Stories: 1
  • Price Per Sq Ft: 18.75
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 960
  • Year Built: 1950
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Level 1, Hardwood Floor
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Hardwood Throughout, Tile, Sprayed Ceiling
  • Full Bathrooms: 1
  • Equipment: Cable Wired, Separate Ice Maker
  • Living Dining Kitchen: Separate Den, LR/DR Combination, Washer/Dryer Connections
  • Misc Interior: Attic Access, Security System, Smoke Detector(s)
  • Total Bathrooms: 1
  • Primary Bathroom Description: Tile Floor
  • 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
  • Exterior Windows: Aluminum/Steel Siding, Double Pane Window(s), Storm Window(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad, Storage Room(s)

Utilities

  • Cooling: Ceiling Fan(s), 220 Wiring
  • Heating: Wall Unit
  • Security: Burglar Alarm, Smoke Detector(s)
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Level, Cove
  • Lot Number: 120
  • Acreage: 0.15
  • Lot Size: 31/29/97.67 X 106.24/110.75
  • Price Per Acre: 166667

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 031086 00018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2014
Closed on
Jun 25, 2014
Sold by
Edmonds Beverly
Bought by
Tate Anthony and Tate Belinda
Seller's Agent
Paula Rodgers
Hayes Homes and Realty, Inc
Buyer's Agent
Elaine Muhammad
KAIZEN Realty, LLC
List Price
$25,000
Sold Price
$18,000
Premium/Discount to List
-$7,000
-28%
Current Estimated Value
$73,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,159
Avg. Annual Appreciation
13.18%

Purchase Details

Closed on
Nov 22, 2004
Sold by
Transaction Services Co
Bought by
Edmonds Beverly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,700
Interest Rate
8.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 17, 2004
Sold by
Williams Charles C
Bought by
Transaction Services Co
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
Tate Anthony $18,000 Baymark Title & Escrow Svcs
Edmonds Beverly $53,000 Equity Title & Escrow Co
Transaction Services Co $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Edmonds Beverly $47,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2014 06/28/14 Sold $18,000 -28.0% $18 / Sq Ft
05/05/2014 05/05/14 Pending -- -- --
04/29/2014 04/29/14 For Sale $25,000 -- $25 / 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 -- $13,200 $2,775 $10,425
2024 -- $8,075 $1,150 $6,925
2023 $492 $8,075 $1,150 $6,925
2022 $492 $8,075 $1,150 $6,925
2021 $498 $8,075 $1,150 $6,925
2020 $534 $7,375 $1,150 $6,225
2019 $534 $7,375 $1,150 $6,225
2018 $534 $7,375 $1,150 $6,225
2017 $303 $7,375 $1,150 $6,225
2016 $328 $7,500 $0 $0
2014 $328 $7,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2014

    Paula Rodgers

    Hayes Homes and Realty, Inc

    Section Image
  • Elaine Muhammad

    Buyer's Agent in 2014

    Elaine Muhammad

    KAIZEN Realty, LLC

    (901) 316-7229

    9 Total Sales

    Elaine Muhammad
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9926556

Memphis Area Association of REALTORS®

APN: 03-1086-0-0018

Tennessee Shelby County Memphis 38114 Southeast Memphis

1948 Timothy Cove, Memphis, TN

This home is located at 1948 Timothy Cove, Memphis, TN 38114 since 29 April 2014 and is currently estimated at $73,159, approximately $61 per square foot. This property was built in 1950. 1948 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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