NOT LISTED FOR SALE

2616 Bay Pointe Cir E Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $138,000 - $178,000

3 Beds
2 Baths
1,200-1,399 Sq Ft
$113/Sq Ft Est. Value

Last Sold July 26, 2024

Last sale price $143,100 $102 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $900/month

1 Day on Market

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • Level Lot
  • 1 Fireplace
  • Partially Carpeted
  • 1-Story Property

About This Home

As of July 2024

Three bed, two bath home with a two car garage built in 1992 available in Raleigh. This home needs some cosmetic updates, but has an OPEN FLOOR PLAN (perfect for entertaining), covered patio, double vanity sinks in the primary bathroom & several other upgrades. This could be a wonderful primary residence, buy & hold rental, BRRRR property or fix & flip property (many sales over $200K in this area). ONLINE VIDEO AVAILABLE UPON REQUEST.

Last Agent to Sell the Property

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080 Listed on: 07/11/2024

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080 Listed on: 07/11/2024

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $830

Year Built

  • Built in 1992

Lot Details

  • 871 Sq Ft Lot
  • Lot Dimensions are 40x120
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,210 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Bay Pointe Cottage Community Parcel 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 088008 B00006

Home Details

Home Type

Single Family

Est. Annual Taxes

$830

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: BAY POINTE COTTAGE COMMUNITY PAR 1
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1210
  • Year Built: 1992
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 2
  • Living Dining Kitchen: Pantry
  • Number Of Fireplaces: 1

Exterior Features

  • Misc Exterior: Sidewalks
  • Exterior Windows: Brick Veneer

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 40
  • Acreage: 0.02
  • Lot Size: 40X120
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: 088008 B00006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2025
Sold by
Schimon David
Bought by
South Gate Vacation Rentals Llc
Current Estimated Value
$158,667

Purchase Details

Listed on
Jul 11, 2024
Closed on
Jul 26, 2024
Sold by
Stewart John David
Bought by
Schimon David
Seller's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
List Price
$149,900
Sold Price
$143,100
Premium/Discount to List
-$6,800
-4.54%
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.61%

Purchase Details

Closed on
Jul 7, 2017
Sold by
Worldwide Property Hub Llc
Bought by
Stewart John David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 2015
Sold by
Jennings Charles E
Bought by
Griffin Grey

Purchase Details

Closed on
Nov 21, 2006
Sold by
Fannie Mae
Bought by
Jennings Charles and Jennings Billie Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,900
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 29, 2005
Sold by
Harris Kathryn L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 6, 2003
Sold by
Booker Nadolyn F
Bought by
Wiggins Willie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,030
Interest Rate
5.52%
Mortgage Type
Purchase Money Mortgage
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
South Gate Vacation Rentals Llc -- None Listed On Document
Schimon David $143,100 Realty Title & Escrow
Stewart John David $90,000 None Available
Griffin Grey $47,100 None Available
Jennings Charles $109,900 None Available
Federal National Mortgage Association $105,333 --
Wiggins Willie $99,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stewart John David $72,000
Previous Owner Jennings Charles $109,900
Previous Owner Wiggins Willie $96,030
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2024 07/26/24 Sold $143,100 -4.5% $119 / Sq Ft
07/12/2024 07/12/24 Pending -- -- --
07/11/2024 07/11/24 For Sale $149,900 -- $125 / 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 $830 $43,175 $5,750 $37,425
2024 $830 $24,475 $4,550 $19,925
2023 $1,491 $24,475 $4,550 $19,925
2022 $1,491 $24,475 $4,550 $19,925
2021 $1,508 $24,475 $4,550 $19,925
2020 $1,493 $20,600 $4,550 $16,050
2019 $1,493 $20,600 $4,550 $16,050
2018 $1,493 $20,600 $4,550 $16,050
2017 $847 $20,600 $4,550 $16,050
2016 $943 $21,575 $0 $0
2014 $943 $21,575 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tyler Tapley

    Seller's Agent in 2024

    Tyler Tapley

    Crye-Leike, Inc., REALTORS

    (901) 871-1290

    83 in this area

    1,198 Total Sales

    Tyler Tapley
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10176695

Memphis Area Association of REALTORS®

APN: 08-8008-B0-0006

Tennessee Shelby County Memphis 38128 Raleigh

2616 Bay Pointe Cir E, Memphis, TN

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