NOT LISTED FOR SALE

2638 Bay Pointe Cir W Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $177,569 - $233,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$121/Sq Ft Est. Value

Last Sold June 27, 2017

Last sale price $113,900 $71 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $1,169/month

4 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • 1-Story Property
  • 1 Fireplace

About This Home

As of June 2017

Property is currently under renovation. Property is also currently being marketed for lease. See attached for seller’s list of improvements, final scope of work will be uploaded once renovation is completed.

Last Agent to Sell the Property

Ryan Flannery

Premier Realty Group, LLC License #317068 Listed on: 05/19/2017

Last Buyer's Agent

NON-MLS NON-BOARD AGENT

NON-MLS OR NON-BOARD OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $950

Year Built

  • Built in 1991

Lot Details

  • 6,098

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 974 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Front Facing Garage

Additional Features

  • 6,098 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • Bay Pointe Cottage Community Parcel 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 088008 B00016

Home Details

Home Type

Single Family

Est. Annual Taxes

$950

Year Built

Built in 1991

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: 117
  • Number Of Stories: 1
  • Price Per Sq Ft: 116.94
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 974
  • Year Built: 1991
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 2
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Number: 30
  • Acreage: 0.14
  • Lot Size: 6497SF 40.1X130.3IRR
  • Price Per Acre: 813571

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 088008 B00016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2017
Closed on
Jun 22, 2017
Sold by
Rei Nation Llc
Bought by
Hom Legacy Fund Llc
Seller's Agent
Ryan Flannery
Premier Realty Group, LLC
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$113,900
Sold Price
$113,900
Total Days on Market
4
Current Estimated Value
$194,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,242
Avg. Annual Appreciation
6.95%
Original Mortgage
$56,950
Outstanding Balance
$39,556
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$154,586

Purchase Details

Closed on
Feb 24, 2017
Sold by
Bank Of America Na
Bought by
Rei Nation Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,040
Interest Rate
4.19%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 13, 2016
Sold by
Park Kiyoung and Park Stephaie S
Bought by
Bank Of America N A
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
Hom Legacy Fund Llc $113,900 None Available
Rei Nation Llc $61,000 None Available
Bank Of America N A $60,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hom Legacy Fund Llc $56,950
Previous Owner Nation Rei $48,800
Previous Owner Rei Nation Llc $81,040
Previous Owner Park Kiyoung $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2017 06/27/17 Sold $113,900 0.0% $81 / Sq Ft
05/23/2017 05/23/17 Pending -- -- --
05/19/2017 05/19/17 For Sale $113,900 -- $81 / 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 $950 $48,175 $5,750 $42,425
2024 $950 $28,025 $4,550 $23,475
2023 $1,707 $28,025 $4,550 $23,475
2022 $1,707 $28,025 $4,550 $23,475
2021 $1,727 $28,025 $4,550 $23,475
2020 $1,710 $23,600 $4,550 $19,050
2019 $1,710 $23,600 $4,550 $19,050
2018 $1,710 $23,600 $4,550 $19,050
2017 $717 $17,450 $4,550 $12,900
2016 $798 $18,250 $0 $0
2014 $798 $18,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2017

    Ryan Flannery

    Premier Realty Group, LLC

    (901) 581-7824

    5 in this area

    126 Total Sales

    Ryan Flannery
    Section Image

  • N

    Buyer's Agent in 2017

    NON-MLS NON-BOARD AGENT

    NON-MLS OR NON-BOARD OFFICE

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10002736

Memphis Area Association of REALTORS®

APN: 08-8008-B0-0016

Tennessee Shelby County Memphis 38128 Raleigh

2638 Bay Pointe Cir W, Memphis, TN

This home is located at 2638 Bay Pointe Cir W, Memphis, TN 38128 since 19 May 2017 and is currently estimated at $194,142, approximately $121 per square foot. This property was built in 1991. 2638 Bay Pointe Cir W is a home located in Shelby County with nearby schools including Raleigh-Bartlett Meadows School, Craigmont Middle School, and Craigmont High School.

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