NOT LISTED FOR SALE

2533 Baxter Cove Memphis, TN 38133

Estimated Value: $227,000 - $242,000

3 Beds
2.5 Baths
1,400-1,599 Sq Ft
$146/Sq Ft Est. Value

Last Sold April 16, 2021

Last sale price $182,400 $114 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,348/month

Highlights

  • Updated Kitchen
  • 1 Fireplace
  • Some Wood Windows
  • Traditional Architecture
  • Den
  • Tile Flooring

About This Home

As of April 2021

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2021 standards! Target rent = $1395 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!

Last Agent to Sell the Property

Jim Reedy

Reedy & Company, REALTORS License #15602 Listed on: 02/18/2021

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,558

Year Built

  • Built in 1991

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 38x167
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,530 Sq Ft Home
  • 1.5-Story Property
  • 1 Fireplace
  • Some Wood Windows
  • Den
  • Iron Doors

Kitchen

  • Updated Kitchen
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Bellevue Hills Section D Subdivision

Listing and Financial Details

  • Assessor Parcel Number 095424 C00013

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,558

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: BELLEVUE HILLS SEC D
  • List Price Per Sq Ft: 119
  • Number Of Stories: 1.5
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1530
  • Year Built: 1991
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Master Bedroom, 2nd Bedroom, 3rd Bedroom, 1 1/2 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Disposal, Dishwasher
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Primary Bathroom Description: Tile Floor
  • Master Bedroom: Level 1
  • Number Of Fireplaces: 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 224
  • Acreage: 0.24
  • Lot Size: 38X167

Tax Info

  • Assessor Parcel Number: 095424 C00013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2021
Closed on
Apr 1, 2021
Sold by
Memphis Investment Properties Iii Llc
Bought by
Kesapradist Jeanne
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$182,400
Sold Price
$182,400
Current Estimated Value
$232,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,355
Avg. Annual Appreciation
5.52%
Original Mortgage
$125,000
Outstanding Balance
$112,860
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$119,895

Purchase Details

Closed on
Feb 11, 2021
Sold by
Adams Cecil W and Adams Kimberly F
Bought by
Memphis Investment Properties Iii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Outstanding Balance
$112,860
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$119,895
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
Kesapradist Jeanne $182,400 Delta Title Services Llc
Memphis Investment Properties Iii Llc $122,500 Delta Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kesapradist Jeanne $125,000
Previous Owner Memphis Investment Properties Iii Llc $145,185
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2021 04/16/21 Sold $182,400 0.0% $130 / Sq Ft
02/18/2021 02/18/21 Pending -- -- --
02/18/2021 02/18/21 For Sale $182,400 -- $130 / 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 $1,558 $65,550 $8,750 $56,800
2024 $1,558 $45,950 $6,125 $39,825
2023 $2,799 $45,950 $6,125 $39,825
2022 $2,799 $45,950 $6,125 $39,825
2021 $2,270 $36,825 $6,125 $30,700
2020 $1,850 $25,525 $6,125 $19,400
2019 $816 $25,525 $6,125 $19,400
2018 $816 $25,525 $6,125 $19,400
2017 $835 $25,525 $6,125 $19,400
2016 $1,125 $25,750 $0 $0
2014 $1,125 $25,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Reedy

    Seller's Agent in 2021

    Jim Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    22 in this area

    399 Total Sales

    Jim Reedy
    Section Image

  • B

    Buyer's Agent in 2021

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    22 in this area

    416 Total Sales

    Bradley Reedy
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10093649

Memphis Area Association of REALTORS®

APN: 09-5424-C0-0013

Tennessee Shelby County Memphis 38133

2533 Baxter Cove, Memphis, TN

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