NOT LISTED FOR SALE

2360 Palm Cove Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $100,000 - $118,622

3 Beds
1.5 Baths
1,200-1,399 Sq Ft
$79/Sq Ft Est. Value

Last Sold February 08, 2021

Last sale price $74,000 $53 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $658/month

5 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Porch
  • Wood Flooring
  • Den with Fireplace
  • 2 Car Attached Garage

About This Home

As of February 2021

***Multiple offer situation. Highest and best due by 3:00 PM 1/19/2021.*** Great investment property or prefect for first time homeowner. Good sized breakfast area in tiled kitchen. Separate laundry area. Formal living room and large den with fireplace could also be a dining room. Three nice bedrooms and 1.5 baths. Home is in good condition. Pretty hard surfaced floors. Home renovated in 2018. Newer HVAC. No showings without an accepted contract. Do not disturb tenants.

Last Agent to Sell the Property

Amanda Lott

BHHS McLemore & Co., Realty License #318728 Listed on: 01/15/2021

BHHS McLemore & Co., Realty

Co-Listed By

Carol Lott

BHHS McLemore & Co., Realty License #225648

Last Buyer's Agent

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $673

Year Built

  • Built in 1974

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 63x121
  • Landscaped
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,363 Sq Ft Home
  • 1-Story Property
  • Decorative Fireplace
  • Separate Formal Living Room
  • Den with Fireplace
  • Eat-In Kitchen

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • 2 Car Attached Garage
  • Carport
  • Driveway

Outdoor Features

  • Cove
  • Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • Grandview Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 072047 A00046

Home Details

Home Type

Single Family

Est. Annual Taxes

$673

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Clearpark
  • MLS Map #: 727D
  • MAAR Subdivision Name: GRANDVIEW HEIGHTS
  • List Price Per Sq Ft: 55
  • Number Of Stories: 1
  • Price Per Sq Ft: 54.29
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1363
  • Year Built: 1974
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Master Down, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1, Shared Bath, Hardwood Floor
  • Bedroom 3 Description: Level 1, Shared Bath, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Decorative Only, In Den/Great Room
  • Floors/Ceilings: Wood Laminate Floors, Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Den, Eat-In Kitchen, Washer/Dryer Connections
  • Primary Bathroom Description: Tile Floor
  • Master Bedroom: Level 1, Half Bath, Hardwood Floor
  • Master Bedroom Dimensions: 12x12
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room
  • Total Bathrooms: 1.1

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking Display: C2A
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Cove, Landscaped
  • Lot Number: 181
  • Acreage: 0.29
  • Lot Size: 63X121
  • Price Per Acre: 258621

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 072047 A00046

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2021
Closed on
Feb 8, 2021
Sold by
Leemis Lindsey
Bought by
5365 W 3Rd Place Llc
Seller's Agent
Amanda Lott
BHHS McLemore & Co., Realty
Buyer's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
List Price
$75,000
Sold Price
$74,000
Premium/Discount to List
-$1,000
-1.33%
Current Estimated Value
$110,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,406
Avg. Annual Appreciation
9.23%

Purchase Details

Closed on
Nov 15, 2018
Sold by
Memphis Investment Rental Properties L
Bought by
Leemis Lindsey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.94%

Purchase Details

Listed on
Jul 23, 2018
Closed on
Aug 31, 2018
Sold by
Memphls Investment Rental Properties Llc
Bought by
Leemis Lindsey
Seller's Agent
James Wachob
Foundation Property Management
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$69,900
Sold Price
$69,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.77%
Original Mortgage
$55,920
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2018
Sold by
Jackson Correll R and Jackson Cathy L
Bought by
Memphis Investmets Rental Propert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
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
5365 W 3Rd Place Llc $74,000 Memphis Title Company
Leemis Lindsey -- --
Leemis Lindsey $69,900 Delta Title Services Llc
Memphis Investmets Rental Propert $20,000 Delta Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leemis Lindsey --
Previous Owner Leemis Lindsey $55,920
Previous Owner Memphis Investmets Rental Propert $50,000
Previous Owner Jackson Correll R $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2021 02/08/21 Sold $74,000 -1.3% $62 / Sq Ft
01/15/2021 01/15/21 For Sale $75,000 +7.3% $63 / Sq Ft
08/31/2018 08/31/18 Sold $69,900 0.0% $58 / Sq Ft
07/23/2018 07/23/18 Pending -- -- --
07/23/2018 07/23/18 For Sale $69,900 -- $58 / 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 $673 $28,250 $3,000 $25,250
2024 $673 $19,850 $2,250 $17,600
2023 $1,209 $19,850 $2,250 $17,600
2022 $1,209 $19,850 $2,250 $17,600
2021 $1,223 $19,850 $2,250 $17,600
2020 $966 $13,325 $2,250 $11,075
2019 $426 $13,325 $2,250 $11,075
2018 $426 $13,325 $2,250 $11,075
2017 $436 $13,325 $2,250 $11,075
2016 $560 $12,825 $0 $0
2014 $560 $12,825 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Amanda Lott

    Seller's Agent in 2021

    Amanda Lott

    BHHS McLemore & Co., Realty

    (901) 461-9246

    3 in this area

    360 Total Sales

    Amanda Lott
    Section Image
  • Carol Lott

    Seller Co-Listing Agent in 2021

    Carol Lott

    BHHS McLemore & Co., Realty

    (901) 461-4869

    3 in this area

    351 Total Sales

    Carol Lott
    Section Image
  • Tyler Tapley

    Buyer's Agent in 2021

    Tyler Tapley

    Crye-Leike, Inc., REALTORS

    (901) 871-1290

    163 in this area

    1,220 Total Sales

    Tyler Tapley
    Section Image
  • William Haynes

    Buyer Co-Listing Agent in 2021

    William Haynes

    Crye-Leike, Inc., REALTORS

    (865) 454-1124

    39 in this area

    257 Total Sales

    William Haynes
    Section Image
  • James Wachob

    Seller's Agent in 2018

    James Wachob

    Foundation Property Management

    (901) 633-1484

    80 in this area

    622 Total Sales

    James Wachob
    Section Image

  • B

    Buyer's Agent in 2018

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    77 in this area

    443 Total Sales

    Bradley Reedy
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10091832

Memphis Area Association of REALTORS®

APN: 07-2047-A0-0046

Tennessee Shelby County Memphis 38127 Frayser

2360 Palm Cove, Memphis, TN

This home is located at 2360 Palm Cove, Memphis, TN 38127 since 15 January 2021 and is currently estimated at $110,406, approximately $78 per square foot. This property was built in 1974. 2360 Palm Cove is a home located in Shelby County with nearby schools including Whitney Achievement Elementary School, Grandview Heights Middle, and Trezevant High School.

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