2968 Jib Cove Unit 26 Memphis, TN 38119
Shady Grove NeighborhoodEstimated Value: $118,000 - $132,000
3
Beds
2
Baths
1,200-1,399
Sq Ft
13
Acres
Highlights
- 12.82 Acre Lot
- Traditional Architecture
- End Unit
- Clubhouse
- Wood Flooring
- Den
About This Home
As of March 2017Home is currently renting for 885 a month. The current lease agreement expires in August, 2017. This home can be inspected upon accepted contract. This home is in great shape! But will not go FHA because the condominium complex is not FHA approved. Please did not disturb the tenant, but feel free to drive by. The seller will provide the buyer a copy of the current lease. This is a great home for investors and owner occupants.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $553
Year Built
- Built in 1975
Lot Details
- End Unit
- Few Trees
Home Design
- Traditional Architecture
- Slab Foundation
- Composition Shingle Roof
Interior Spaces
- 1,200-1,399 Sq Ft Home
- 1,383 Sq Ft Home
- 1-Story Property
- Smooth Ceilings
- Fireplace Features Masonry
- Den
- Burglar Security System
Kitchen
- Eat-In Kitchen
- Oven or Range
- Cooktop
- Dishwasher
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Dual Vanity Sinks in Primary Bathroom
Laundry
- Laundry Room
- Washer and Dryer Hookup
Parking
- 2 Car Attached Garage
- Front Facing Garage
- Garage Door Opener
Additional Features
- Patio
- Ground Level
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 081070 00060
Community Details
Overview
- Property has a Home Owners Association
- $175 Maintenance Fee
- Association fees include trash collection, management fees
- Colony 1 Of 5 Colonies Subdivision
Additional Features
- Clubhouse
- Building Fire Alarm
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 8, 2017
Closed on
Mar 22, 2017
Sold by
Dickerson Cory
Bought by
Seward Stephen D
Seller's Agent
Joseph Jackson
BenchMark REALTORS, LLC
Buyer's Agent
James Walker
REMAX Experts
List Price
$62,000
Sold Price
$58,000
Premium/Discount to List
-$4,000
-6.45%
Total Days on Market
3
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,698
Avg. Annual Appreciation
9.19%
Purchase Details
Listed on
Jun 12, 2016
Closed on
Jun 23, 2016
Sold by
Fiter Michael
Bought by
Dickerson Cory
Seller's Agent
Wonda McGowan
McGowan Homes & R/E Services
Buyer's Agent
Joseph Jackson
BenchMark REALTORS, LLC
List Price
$44,900
Sold Price
$41,000
Premium/Discount to List
-$3,900
-8.69%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
58.80%
Purchase Details
Closed on
Mar 22, 2010
Sold by
Fannie Mae
Bought by
Fifer Michael
Purchase Details
Closed on
Feb 12, 2010
Sold by
Yi Dok
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Jul 27, 2000
Sold by
Mustafa Salah and Mustafa Milford L
Bought by
Yi Dok Sun
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,800
Interest Rate
8.12%
Purchase Details
Closed on
Dec 27, 1996
Sold by
Bernardini Dante A
Bought by
Salah Mustafa and Milford Hether L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
7.57%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Seward Stephen D | $57,000 | Southern Trust Title Co | |
| Dickerson Cory | $41,000 | Prefrred Title & Escrow Llc | |
| Fifer Michael | $21,000 | None Available | |
| Federal National Mortgage Association | $69,344 | None Available | |
| Yi Dok Sun | $72,000 | -- | |
| Salah Mustafa | $60,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Seward Stephen D | $55,500 | |
| Previous Owner | Yi Dok Sun | $64,800 | |
| Previous Owner | Salah Mustafa | $57,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/22/2017 03/22/17 | Sold | $58,000 | -6.5% | $48 / Sq Ft |
| 03/11/2017 03/11/17 | Pending | -- | -- | -- |
| 03/08/2017 03/08/17 | For Sale | $62,000 | +51.2% | $52 / Sq Ft |
| 06/23/2016 06/23/16 | Sold | $41,000 | -8.7% | $34 / Sq Ft |
| 06/14/2016 06/14/16 | Pending | -- | -- | -- |
| 06/12/2016 06/12/16 | For Sale | $44,900 | -- | $37 / Sq Ft |
Source: Memphis Area Association of REALTORS®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $553 | $16,325 | $1,325 | $15,000 |
| 2023 | $994 | $16,325 | $1,325 | $15,000 |
| 2022 | $994 | $16,325 | $1,325 | $15,000 |
| 2021 | $1,006 | $16,325 | $1,325 | $15,000 |
| 2020 | $879 | $12,125 | $1,325 | $10,800 |
| 2019 | $879 | $12,125 | $1,325 | $10,800 |
| 2018 | $879 | $12,125 | $1,325 | $10,800 |
| 2017 | $498 | $12,125 | $1,325 | $10,800 |
| 2016 | $322 | $7,375 | $0 | $0 |
| 2014 | $322 | $7,375 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Joseph Jackson
J
Seller's Agent in 2017
Joseph Jackson
BenchMark REALTORS, LLC
(901) 351-6641
69 Total Sales
-
James Walker
Buyer's Agent in 2017
James Walker
RE/MAX
(901) 503-8044
2 in this area
109 Total Sales
-
Wonda McGowan
W
Seller's Agent in 2016
Wonda McGowan
McGowan Homes & R/E Services
(901) 502-4402
41 Total Sales
Map
Source: Memphis Area Association of REALTORS®
MLS Number: 9997089
APN: 08-1070-0-0060
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