NOT LISTED FOR SALE

2978 Kin Cove Unit 18 Memphis, TN 38119

Shady Grove Neighborhood

Estimated Value: $85,000 - $121,000

3 Beds
1.5 Baths
1,400-1,599 Sq Ft
13 Acres

Last Sold August 02, 2021

Last sale price $85,000 $53 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $666/month

98 Days on Market

Highlights

  • 12.82 Acre Lot
  • 1 Fireplace
  • End Unit
  • Traditional Architecture
  • Separate Formal Living Room
  • Tennis Courts

About This Home

As of August 2021

3BR/1.5BA home. Perfect for investment or first time buyer. Small fenced yard. Attached garage. Spacious Kitchen with Dining Area. Living Room. Fenced patio area. Cash or conventional only.

Last Listed By

Joshua Hisaw

Keller Williams License #277548 Listed on: 02/25/2021

Keller Williams

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1975

Lot Details

  • End Unit
  • Wood Fence

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,418 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Aluminum Window Frames
  • Separate Formal Living Room
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Partially Carpeted
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • All Upper Level Bedrooms

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Driveway
  • Parking Lot

Additional Features

  • Covered patio or porch
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 081070 00052

Community Details

Overview

  • Property has a Home Owners Association
  • $290 Maintenance Fee
  • Colony 1 Of 5 Colonies 1 63 Int 15'257 A Subdivision

Recreation

  • Tennis Courts

Property Details

Home Type

Condominium

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: End Unit
  • Detached Unit Type: General Residential
  • MLS Map #: 783I
  • MAAR Subdivision Name: COLONY 1 OF 5 COLONIES
  • Condo: Yes
  • List Price Per Sq Ft: 63
  • Number Of Stories: 2
  • Price Per Sq Ft: 59.94
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1418
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, 1/2 Bath
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Up, Primary Up, Half Bath Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 2, Carpet
  • Bedroom 3 Description: Level 2, Carpet
  • Bedrooms: 3
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher
  • Living Dining Kitchen: Separate Living Room, Eat-In Kitchen, Washer/Dryer Connections
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet
  • Total Bathrooms: 1.1
  • P R I M A R Y B E D R O O M: Level 2, Carpet

Exterior Features

  • Misc Exterior: Patio, Covered Patio
  • Exterior Windows: Aluminum/Steel Siding
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 1
  • Parking Display: G1A
  • Parking Storage: Driveway/Pad, Front-Load Garage, Parking Lot

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Association/Amenities

  • Condo Amenities: Tennis Court(s)
  • Condominium Association: Yes

Fee Information

  • Monthly Maintenance Fee: 290

Lot Info

  • Lot Description: Level, Wood Fenced
  • Lot Number: UNIT 18
  • Acreage: 12.82
  • Price Per Acre: 7005

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 081070 00052

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2025
Sold by
Lemons Doyle G
Bought by
Doyle G Lemons Living Trust and Lemons
Total Days on Market
98
Current Estimated Value
$105,857

Purchase Details

Listed on
Feb 25, 2021
Closed on
Jul 30, 2021
Sold by
Miller Joseph A
Bought by
Lemons Doyle and Lemons Shirley
Seller's Agent
Joshua Hisaw
Keller Williams
Buyer's Agent
Walter Jones
BEST Real Estate Company
List Price
$89,800
Sold Price
$85,000
Premium/Discount to List
-$4,800
-5.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.96%

Purchase Details

Listed on
Jul 24, 2018
Closed on
Nov 29, 2018
Sold by
Allen Cleatis
Bought by
Miller Joseph A
Seller's Agent
Janice Coates
United Real Estate Mid South
Buyer's Agent
Haydn Wiseman
Cahltrep Realty, LLC
List Price
$55,000
Sold Price
$52,500
Premium/Discount to List
-$2,500
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.78%

Purchase Details

Closed on
Nov 2, 2009
Sold by
Faulkner Washington and Faulkner Elisheba
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Nov 26, 2002
Sold by
Hubbard Tyrone
Bought by
Faulkner Washington

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,470
Interest Rate
6.16%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 11, 2002
Sold by
Jelks Fannye L
Bought by
Hubbard Tyrone

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,011
Interest Rate
6.67%

Range of Values:

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Average Value
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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
Doyle G Lemons Living Trust -- None Listed On Document
Lemons Doyle $85,000 Millennial Title
Miller Joseph A $52,500 Fidelity Title & Escrow
Secretary Of Housing & Urban Development $71,440 None Available
Faulkner Washington $68,000 --
Hubbard Tyrone $39,819 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Allen Cleatis $33,600
Previous Owner Faulkner Washington $67,342
Previous Owner Faulkner Washington $66,470
Previous Owner Hubbard Tyrone $27,011
Closed Faulkner Washington $1,269
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2021 08/02/21 Sold $85,000 -5.3% $61 / Sq Ft
07/12/2021 07/12/21 Pending -- -- --
07/06/2021 07/06/21 For Sale $89,800 0.0% $64 / Sq Ft
05/03/2021 05/03/21 Pending -- -- --
04/29/2021 04/29/21 Price Changed $89,800 -0.1% $64 / Sq Ft
04/22/2021 04/22/21 Price Changed $89,900 -0.1% $64 / Sq Ft
04/08/2021 04/08/21 For Sale $90,000 +5.9% $64 / Sq Ft
04/05/2021 04/05/21 Off Market $85,000 -- --
04/05/2021 04/05/21 For Sale $90,000 +5.9% $64 / Sq Ft
02/25/2021 02/25/21 Off Market $85,000 -- --
11/30/2018 11/30/18 Sold $52,500 -4.5% $38 / Sq Ft
11/14/2018 11/14/18 Pending -- -- --
10/12/2018 10/12/18 For Sale $55,000 0.0% $39 / Sq Ft
10/03/2018 10/03/18 Pending -- -- --
10/02/2018 10/02/18 Price Changed $55,000 -8.3% $39 / Sq Ft
09/05/2018 09/05/18 Price Changed $60,000 -6.3% $43 / Sq Ft
07/24/2018 07/24/18 For Sale $64,000 -- $46 / 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
2024 -- $14,900 $1,325 $13,575
2023 $908 $14,900 $1,325 $13,575
2022 $908 $14,900 $1,325 $13,575
2021 $404 $14,900 $1,325 $13,575
2020 $788 $10,875 $1,325 $9,550
2019 $348 $10,875 $1,325 $9,550
2018 $348 $10,875 $1,325 $9,550
2017 $356 $10,875 $1,325 $9,550
2016 $311 $7,125 $0 $0
2014 $311 $7,125 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joshua Hisaw

    Seller's Agent in 2021

    Joshua Hisaw

    Keller Williams

    (901) 459-3423

    5 in this area

    292 Total Sales

    Joshua Hisaw
    Section Image

  • L

    Seller Co-Listing Agent in 2021

    Laurie Cooper

    Keller Williams

    (901) 261-7900

    2 in this area

    234 Total Sales

    Section Image
  • Walter Jones

    Buyer's Agent in 2021

    Walter Jones

    BEST Real Estate Company

    (901) 235-3245

    1 in this area

    76 Total Sales

    Walter Jones
    Section Image

  • J

    Seller's Agent in 2018

    Janice Coates

    United Real Estate Mid South

    (901) 335-5701

    38 Total Sales

    Section Image

  • H

    Buyer's Agent in 2018

    Haydn Wiseman

    Cahltrep Realty, LLC

    (901) 334-8895

    74 Total Sales

    Haydn Wiseman
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10093916

Memphis Area Association of REALTORS®

APN: 08-1070-0-0052

Tennessee Shelby County Memphis 38119 Shady Grove

2978 Kin Cove Unit 18, Memphis, TN

Homes for Sale in Memphis, TN

This home is located at 2978 Kin Cove Unit 18, Memphis, TN 38119 since 25 February 2021 and is currently estimated at $105,857, approximately $66 per square foot. This property was built in 1975. 2978 Kin Cove Unit 18 is a home located in Shelby County with nearby schools including Oak Forest Elementary, Ridgeway Middle School, and Ridgeway High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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Some or all of the listings displayed may not belong to the firm whose website is being visited. Copyright© 2025 Memphis Area Association of REALTORS®.

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