NOT LISTED FOR SALE

2786 Covington Pike Memphis, TN 38128

Estimated Value: $175,458 - $232,000

4 Beds
2 Baths
1,762 Sq Ft
$116/Sq Ft Est. Value

Last Sold May 25, 2012

Last sale price $32,500 $18 Per Sq Ft

Est. 528% increase in value since last sale

Current estimated payment $1,146/month

177 Days on Market

Highlights

  • 1.81 Acre Lot
  • 1 Fireplace
  • 1-Story Property
  • Traditional Architecture
  • Partially Carpeted

About This Home

As of May 2012

Great buy! The value is in land, AS IS WHERE IT IS!

Last Agent to Sell the Property

Saeed Nia

Crye-Leike Commercial License #262340 Listed on: 11/08/2011

Crye-Leike Commercial

Last Buyer's Agent

Saeed Nia

Crye-Leike Commercial License #262340 Listed on: 11/08/2011

Crye-Leike Commercial

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $936

Year Built

  • Built in 1954

Lot Details

  • 1.81 Acre Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,762 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Partially Carpeted

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Community Details

  • Reeves Subdivision

Listing and Financial Details

  • Assessor Parcel Number 088024 00065

Home Details

Home Type

Single Family

Est. Annual Taxes

$936

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 735B
  • MAAR Subdivision Name: REEVES
  • Number Of Stories: 1
  • Price Per Sq Ft: 18.44
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1762
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 2
  • Living Dining Kitchen: Pantry
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Lot Info

  • Lot Number: 7
  • Acreage: 1.81
  • Lot Size: 1.8 acre

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 088024 00065

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 13, 2021
Sold by
Valenzuela Gilbert
Bought by
Valenzuela Gilbert and The Gilbert Valenzuela Family
Current Estimated Value
$204,115

Purchase Details

Closed on
Jan 5, 2021
Sold by
Valenzuela Gilberto
Bought by
Casa Memphis Holding Sllc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Outstanding Balance
$73,619
Interest Rate
2.7%
Mortgage Type
Commercial
Estimated Equity
$130,496

Purchase Details

Listed on
Nov 8, 2011
Closed on
May 29, 2012
Sold by
Moustafa Realty Llc
Bought by
Valenzuela Gilbert
Seller's Agent
Saeed Nia
Crye-Leike Commercial
Buyer's Agent
Saeed Nia
Crye-Leike Commercial
List Price
$45,000
Sold Price
$32,500
Premium/Discount to List
-$12,500
-27.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.65%

Purchase Details

Closed on
Nov 4, 2011
Sold by
Estate Of Emad T Moustafa and Moustafa Manal E
Bought by
Moustafa Realty Llc
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
Valenzuela Gilbert -- None Available
Casa Memphis Holding Sllc -- None Available
Valenzuela Gilbert $32,500 Realty Title & Escrow Co Inc
Moustafa Realty Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Casa Memphis Holding Sllc $82,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2012 05/25/12 Sold $32,500 -27.8% $18 / Sq Ft
05/03/2012 05/03/12 Pending -- -- --
11/08/2011 11/08/11 For Sale $45,000 -- $26 / 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 $936 $36,925 $7,600 $29,325
2024 $936 $27,600 $7,000 $20,600
2023 $1,681 $27,600 $7,000 $20,600
2022 $1,681 $27,600 $7,000 $20,600
2021 $1,998 $27,600 $7,000 $20,600
2020 $1,701 $23,475 $7,000 $16,475
2019 $750 $23,475 $7,000 $16,475
2018 $750 $23,475 $7,000 $16,475
2017 $768 $23,475 $7,000 $16,475
2016 $971 $22,225 $0 $0
2014 $971 $22,225 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Saeed Nia

    Seller's Agent in 2012

    Saeed Nia

    Crye-Leike

    (901) 337-1020

    7 in this area

    71 Total Sales

    Saeed Nia
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3235665

Memphis Area Association of REALTORS®

APN: 08-8024-0-0065

Tennessee Shelby County Memphis 38128

2786 Covington Pike, Memphis, TN

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