NOT LISTED FOR SALE

2617 Bay Pointe Cir E Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $171,554 - $196,000

3 Beds
2 Baths
1,200-1,399 Sq Ft
$129/Sq Ft Est. Value

Last Sold August 06, 2020

Last sale price $120,000 $86 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,041/month

3 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Central Heating and Cooling System
  • 1 Fireplace
  • Porch
  • Partially Carpeted

About This Home

As of August 2020

Cozy home features beautiful shiny hardwood floors in the living room, dining room and hallway and updated kitchen appliances. New hot water heater installed 05/2020. Roof is 2 yrs old.

Last Agent to Sell the Property

Yolanda Taylor

KAIZEN Realty, LLC License #343819 Listed on: 06/19/2020

KAIZEN Realty, LLC

Last Buyer's Agent

Preston Williams

Regency Realty, LLC License #346648

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $969

Year Built

  • Built in 1996

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 100x120
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,344 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Separate Formal Living Room

Flooring

  • Partially Carpeted
  • Laminate

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Garage
  • Front Facing Garage

Additional Features

  • Porch
  • Central Heating and Cooling System

Community Details

  • Bay Pointe Cottage Community Parcel 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 088008 B00012

Home Details

Home Type

Single Family

Est. Annual Taxes

$969

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 735B
  • MAAR Subdivision Name: BAY POINTE COTTAGE COMMUNITY PAR 1
  • List Price Per Sq Ft: 86
  • Number Of Stories: 1
  • Price Per Sq Ft: 89.29
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1344
  • Year Built: 1996
  • 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: Wood Laminate Floors, Part Carpet
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 34
  • Acreage: 0.16
  • Lot Size: 100X120
  • Price Per Acre: 718750

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 088008 B00012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2020
Closed on
Aug 6, 2020
Sold by
Wright Maurice B
Bought by
Braswell Kellye Renell
Seller's Agent
Yolanda Taylor
KAIZEN Realty, LLC
Buyer's Agent
Preston Williams
Regency Realty, LLC
List Price
$115,000
Sold Price
$120,000
Premium/Discount to List
$5,000
4.35%
Total Days on Market
3
Current Estimated Value
$180,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,889
Avg. Annual Appreciation
8.89%
Original Mortgage
$117,826
Outstanding Balance
$105,456
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$75,433

Purchase Details

Closed on
Dec 6, 2000
Sold by
Banks Timothy M and Banks Christina M
Bought by
Wright Maurice B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,317
Interest Rate
7.11%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 5, 1998
Sold by
Merritt Stanley D and Merritt Deanna M
Bought by
Banks Timothy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,516
Interest Rate
7.23%
Mortgage Type
FHA

Purchase Details

Closed on
May 31, 1996
Sold by
West James P
Bought by
Merritt Stanley D and Merritt Deanna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,563
Interest Rate
7.94%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Braswell Kellye Renell $120,000 Sure Title Co Llc
Wright Maurice B $87,000 --
Banks Timothy M $79,500 --
Merritt Stanley D $75,000 Southern Escrow Title Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Braswell Kellye Renell $117,826
Closed Braswell Kellye Renell $6,000
Previous Owner Wright Maurice B $92,365
Previous Owner Wright Maurice B $86,317
Previous Owner Banks Timothy M $79,516
Previous Owner Merritt Stanley D $75,563
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2020 08/06/20 Sold $120,000 +4.3% $100 / Sq Ft
06/19/2020 06/19/20 For Sale $115,000 -- $96 / 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 $969 $42,200 $5,750 $36,450
2024 $969 $28,575 $4,550 $24,025
2023 $1,741 $28,575 $4,550 $24,025
2022 $1,741 $28,575 $4,550 $24,025
2021 $986 $28,575 $4,550 $24,025
2020 $1,319 $18,200 $4,550 $13,650
2019 $582 $18,200 $4,550 $13,650
2018 $582 $18,200 $4,550 $13,650
2017 $595 $18,200 $4,550 $13,650
2016 $742 $16,975 $0 $0
2014 $742 $16,975 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10078989

Memphis Area Association of REALTORS®

APN: 08-8008-B0-0012