NOT LISTED FOR SALE

2078 Penn Gap Cove Memphis, TN 38134

Raleigh Neighborhood

Estimated Value: $196,000 - $219,000

3 Beds
2 Baths
1,261 Sq Ft
$160/Sq Ft Est. Value

About This Home

This home is located at 2078 Penn Gap Cove, Memphis, TN 38134 and is currently estimated at $202,054, approximately $160 per square foot. 2078 Penn Gap Cove is a home located in Shelby County with nearby schools including Shelby Oaks Elementary School, Kingsbury High School, and Kate Bond Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 2004
Sold by
Mccauley & Associates
Bought by
Morris Horace
Current Estimated Value
$202,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,078
Outstanding Balance
$55,063
Interest Rate
5.35%
Mortgage Type
FHA
Estimated Equity
$146,991
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Morris Horace $117,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morris Horace $29,267
Open Morris Horace $116,078
Source: Public Records

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 $1,190 $47,875 $6,250 $41,625
2024 $1,190 $35,100 $5,000 $30,100
2023 $2,138 $35,100 $5,000 $30,100
2022 $2,138 $35,100 $5,000 $30,100
2021 $2,163 $35,100 $5,000 $30,100
2020 $1,545 $21,325 $5,000 $16,325
2019 $1,545 $21,325 $5,000 $16,325
2018 $1,545 $21,325 $5,000 $16,325
2017 $876 $21,325 $5,000 $16,325
2016 $863 $19,750 $0 $0
2014 $863 $19,750 $0 $0
Source: Public Records

Map

Tennessee Shelby County Memphis 38134 Raleigh

2078 Penn Gap Cove, Memphis, TN

This home is located at 2078 Penn Gap Cove, Memphis, TN 38134 and is currently estimated at $202,054, approximately $160 per square foot. 2078 Penn Gap Cove is a home located in Shelby County with nearby schools including Shelby Oaks Elementary School, Kingsbury High School, and Kate Bond Middle School.

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