NOT LISTED FOR SALE

Estimated Value: $210,000 - $236,000

3 Beds
3 Baths
2,232 Sq Ft
$102/Sq Ft Est. Value

About This Home

This home is located at 2085 Penn Gap Cove, Memphis, TN 38134 and is currently estimated at $228,105, approximately $102 per square foot. 2085 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
Aug 13, 2024
Sold by
Patel Bhaveshbhai and Patel Shrutiben
Bought by
Bhaveshbhai And Shrutiben Patel Living Trust and Patel
Current Estimated Value
$228,105

Purchase Details

Closed on
Jan 8, 2021
Sold by
Patel Deepti R
Bought by
Patel Bhavesh and Patel Shrutiben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,800
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 2005
Sold by
Mccauley & Associates
Bought by
Patel Deepti R and Patel Bhavesh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,900
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 20, 2004
Sold by
Denley & Associates
Bought by
Mccauley & Associates Joint Venture
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
Bhaveshbhai And Shrutiben Patel Living Trust -- None Listed On Document
Patel Bhavesh -- Realty Title
Patel Deepti R $147,900 --
Mccauley & Associates Joint Venture -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patel Bhavesh $85,800
Previous Owner Patel Bhavesh R $129,630
Previous Owner Patel Deepti R $147,900
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 $1,606 $64,825 $6,250 $58,575
2024 $1,606 $47,375 $5,000 $42,375
2023 $2,886 $47,375 $5,000 $42,375
2022 $2,886 $47,375 $5,000 $42,375
2021 $1,634 $47,375 $5,000 $42,375
2020 $2,029 $28,000 $5,000 $23,000
2019 $895 $28,000 $5,000 $23,000
2018 $895 $28,000 $5,000 $23,000
2017 $916 $28,000 $5,000 $23,000
2016 $1,127 $25,800 $0 $0
2014 $1,127 $25,800 $0 $0
Source: Public Records

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