NOT LISTED FOR SALE

2617 Bay Pointe Cir E Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $169,000 - $188,000

3 Beds
2 Baths
1,093 Sq Ft
$162/Sq Ft Est. Value

Last Sold August 06, 2020

Last sale price $120,000 $110 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,006/month

3 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Attached Garage
  • 1 Fireplace
  • Porch
  • Central Heating and Cooling System

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.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,318

Year Built

  • Built in 1996

Lot Details

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

Home Design

  • Traditional Architecture

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Attached Garage
  • Front Facing Garage

Additional Features

  • Porch
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Bay Pointe Cottage Community Parcel 1 Subdivision

Listing and Financial Details

  • Tax Lot 34
  • Assessor Parcel Number 088008 B00012

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,318

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1996
  • Unit Levels: Three Or More
  • Building Stories: 1
  • Year Built Details: Existing
  • Special Features: None
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Laminate
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Building Area Units: Square Feet
  • Living Area Units: Square Feet

Exterior Features

  • Patio And Porch Features: Porch
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Garage Faces Front

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.16
  • Lot Size: 100X120
  • Lot Size Units: Acres
  • Parcel #: 088008 B00012
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1318
  • Tax Lot: 34

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
List Price
$115,000
Sold Price
$120,000
Premium/Discount to List
$5,000
4.35%
Current Estimated Value
$176,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,712
Avg. Annual Appreciation
7.68%
Original Mortgage
$117,826
Outstanding Balance
$104,520
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$72,192

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

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
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
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 List to Sale Price per Sq Ft
08/06/2020 08/06/20 Sold $120,000 +4.3% $110 / Sq Ft
06/22/2020 06/22/20 Pending -- -- --
06/19/2020 06/19/20 For Sale $115,000 -- $105 / Sq Ft
Source: Realtracs

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

Map

Source: Realtracs

MLS Number: 3025241

Realtracs

APN: 08-8008-B0-0012

Tennessee Shelby County Memphis 38128 Raleigh

2617 Bay Pointe Cir E, Memphis, TN

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