NOT LISTED FOR SALE

2097 Penn Gap Cove Memphis, TN 38134

Raleigh Neighborhood

Estimated Value: $175,000 - $191,000

3 Beds
2 Baths
1,000-1,199 Sq Ft
$154/Sq Ft Est. Value

Last Sold November 20, 2024

Last sale price $185,000 $154 Per Sq Ft

Current estimated payment $1,070/month

61 Days on Market

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Combination Dining and Living Room
  • Wood Flooring
  • Central Heating and Cooling System
  • 2 Car Garage

About This Home

As of November 2024

PRICE REDUCED! LOOKING FOR A FAST SALE ! $189,000 Now! Property in excellent condition. Ready to show. Great Neighborhood! Quiet, Safe and Convenient to shopping and services. Owner will paint interior any color that is desired! Call for showing READY FOR MOVE IN! Clean, safe, quiet Automatic Garage door Possible Decorating allowance

Last Agent to Sell the Property

Larry Smith

Hallmark License #218437 Listed on: 08/14/2024

Last Buyer's Agent

Terryn Offiong

TOP Realtors & Associates LLC License #351418

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,114

Year Built

  • Built in 2003

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40 x 130.62
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,189 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Combination Dining and Living Room
  • Wood Flooring
  • Iron Doors

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Garage Door Opener

Utilities

  • Central Heating and Cooling System

Community Details

  • Sycamore View Road Phase 1 Pd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 088048 C00020

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,114

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Raleigh Lagrange
  • MLS Map #: 735C
  • MAAR Subdivision Name: SYCAMORE VIEW RD PH1 AREA B
  • Number Of Stories: 1
  • Price Per Sq Ft: 155.59
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1189
  • Year Built: 2003
  • List Price/ Sq Ft: 159
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 2
  • Living Dining Kitchen: LR/DR Combination
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2
  • Parking Storage: Garage Door Opener(s)

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 20
  • Acreage: 0.12
  • Lot Size: 40 X 130.62
  • Price Per Acre: 1575000
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 088048 C00020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2024
Closed on
Nov 20, 2024
Sold by
Bowen Revocable Living Trust and Bowen James L
Bought by
Gipson Ashley
Seller's Agent
Larry Smith
Hallmark
Buyer's Agent
Terryn Offiong
TOP Realtors & Associates LLC
List Price
$229,000
Sold Price
$185,000
Premium/Discount to List
-$44,000
-19.21%
Views
83
Current Estimated Value
$184,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$884
Avg. Annual Appreciation
-0.53%
Original Mortgage
$9,250
Outstanding Balance
$6,626
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$177,490

Purchase Details

Closed on
Feb 5, 2020
Sold by
Bowen James L and Bowen Letha Tillman
Bought by
Bowen James L and Bowen Letha T

Purchase Details

Closed on
Mar 22, 2018
Sold by
Bowen James L
Bought by
Bowen James L and Bowen Letha

Purchase Details

Closed on
May 29, 2007
Sold by
Bowen James L
Bought by
Tlc Property Managers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,200
Interest Rate
9.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 13, 2007
Sold by
Hsbc Bank Usa Na
Bought by
Bowen James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,200
Interest Rate
9.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 14, 2006
Sold by
Schmidt Patricia and Schmidt Ronald
Bought by
Hsbc Bank Usa Na

Purchase Details

Closed on
Aug 11, 2003
Sold by
Mccauley & Associates
Bought by
Schmidt Ronald and Schmidt Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,920
Interest Rate
6.25%
Mortgage Type
Unknown
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
Gipson Ashley $185,000 None Listed On Document
Gipson Ashley $185,000 None Listed On Document
Bowen James L -- None Available
Bowen James L -- None Available
Tlc Property Managers Llc -- None Available
Bowen James $84,000 Absolute Title & Escrow
Hsbc Bank Usa Na $104,888 None Available
Schmidt Ronald $114,900 Title Enterprise Svc Co Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gipson Ashley $9,250
Closed Gipson Ashley $9,250
Open Gipson Ashley $181,649
Closed Gipson Ashley $181,649
Previous Owner Bowen James $67,200
Previous Owner Schmidt Ronald $91,920
Closed Schmidt Ronald $22,980
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2024 11/20/24 Sold $185,000 -2.1% $185 / Sq Ft
10/14/2024 10/14/24 Pending -- -- --
10/05/2024 10/05/24 Price Changed $189,000 -13.7% $189 / Sq Ft
09/30/2024 09/30/24 Price Changed $219,000 -2.7% $219 / Sq Ft
09/23/2024 09/23/24 Price Changed $225,000 -1.7% $225 / Sq Ft
08/14/2024 08/14/24 For Sale $229,000 -- $229 / 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 $1,114 $44,725 $6,250 $38,475
2024 -- $32,875 $5,000 $27,875
2023 $2,003 $32,875 $5,000 $27,875
2022 $2,003 $32,875 $5,000 $27,875
2021 $892 $32,875 $5,000 $27,875
2020 $1,458 $20,125 $5,000 $15,125
2019 $643 $20,125 $5,000 $15,125
2018 $643 $20,125 $5,000 $15,125
2017 $658 $20,125 $5,000 $15,125
2016 $823 $18,825 $0 $0
2014 $823 $18,825 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Larry Smith

    Seller's Agent in 2024

    Larry Smith

    Hallmark

    (901) 218-7540

    2 in this area

    15 Total Sales

    Larry Smith
    Section Image
  • Terryn Offiong

    Buyer's Agent in 2024

    Terryn Offiong

    TOP Realtors & Associates LLC

    (901) 930-3418

    6 in this area

    60 Total Sales

    Terryn Offiong
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10179215

Memphis Area Association of REALTORS®

APN: 08-8048-C0-0020

Tennessee Shelby County Memphis 38134 Raleigh

2097 Penn Gap Cove, Memphis, TN

This home is located at 2097 Penn Gap Cove, Memphis, TN 38134 since 14 August 2024 and is currently estimated at $184,116, approximately $153 per square foot. This property was built in 2003. 2097 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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