NOT LISTED FOR SALE

2978 Mew Cove Unit 3 Memphis, TN 38119

Shady Grove Neighborhood

Estimated Value: $85,000 - $129,752

3 Beds
2.5 Baths
1,400-1,599 Sq Ft
$68/Sq Ft Est. Value

Last Sold June 07, 2019

Last sale price $50,000 $31 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $626/month

3 Days on Market

Highlights

  • 12.82 Acre Lot
  • 1 Fireplace
  • Eat-In Kitchen
  • Traditional Architecture
  • Separate Formal Living Room
  • Central Heating and Cooling System

About This Home

As of June 2019

This nice condo is 2 stories and has 3 bedrooms, 2 1/12 baths, a spacious living room with fire place, and an eat in kitchen! It's perfect for someone who wants space, but not a lot of yard. It's located right off the expressway nearby everything. It's tenant occupied. Rent is $900 a month. Being sold as is.

Last Agent to Sell the Property

Corinthia Fair

BHHS Taliesyn Realty License #335014 Listed on: 05/10/2019

BHHS Taliesyn Realty

Last Buyer's Agent

?? ?

Reliable Realty & Property Mgt License #318200

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $461

Year Built

  • Built in 1974

Lot Details

  • 12.82

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,458 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Separate Formal Living Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms

Parking

  • 1 Car Garage
  • Garage Door Opener

Utilities

  • Central Heating and Cooling System

Community Details

  • Property has a Home Owners Association
  • $180 Maintenance Fee
  • Colony 1 Of 5 Colonies 1/63 Int 15'257 A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 081070 00037

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$461

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: Town House
  • Detached Unit Type: General Residential
  • MLS Map #: 783I
  • MAAR Subdivision Name: COLONY 1 OF 5 COLONIES
  • Condo: Yes
  • List Price Per Sq Ft: 40
  • Number Of Stories: 2
  • Price Per Sq Ft: 34.29
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1458
  • Year Built: 1974
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Up
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Eat-In Kitchen
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2.1

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Garage Door Opener(s)

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Condominium Association: Yes

Fee Information

  • Monthly Maintenance Fee: 180

Lot Info

  • Lot Number: UNIT 3
  • Acreage: 12.82
  • Lot Size: 871
  • Price Per Acre: 4602

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 081070 00037

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2023
Sold by
Zou Li
Bought by
Star Properties Inc
Current Estimated Value
$107,938

Purchase Details

Closed on
Jul 7, 2022
Sold by
Yuelin Chen
Bought by
Zou Li

Purchase Details

Listed on
May 10, 2019
Closed on
May 31, 2019
Sold by
Angelfund Inc
Bought by
Chen Yuelin and Zou Yueyang
Seller's Agent
Corinthia Fair
BHHS Taliesyn Realty
Buyer's Agent
?? ?
Reliable Realty & Property Mgt
List Price
$59,000
Sold Price
$50,000
Premium/Discount to List
-$9,000
-15.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.54%

Purchase Details

Closed on
Dec 28, 2016
Sold by
Deutsche Bank National Trust Company
Bought by
Anglefund Inc

Purchase Details

Closed on
Aug 2, 2016
Sold by
Lizalde Luke
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Dec 7, 2006
Sold by
Izenberg Scott and Izenberg Pamela
Bought by
Lizalde Luke

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,250
Interest Rate
7.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 9, 2003
Sold by
Mittlesteadt Barbara Davis
Bought by
Hud

Purchase Details

Closed on
Dec 9, 1996
Sold by
Garner Jo and Haley Neta
Bought by
Mittlesteadt Barbara Davis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
7.77%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 4, 1996
Sold by
Williams Lois Jean
Bought by
Mittlesteadt Barbara Davis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
7.77%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 8, 1996
Sold by
Feldbaum Bruce L
Bought by
Kirby Farms Condominium Assn
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
Star Properties Inc -- None Listed On Document
Zou Li -- Sure Title
Chen Yuelin $50,000 Fidelity Title & Escrow Inc
Anglefund Inc $10,125 Premium Title Services Inc
Deutsche Bank National Trust Company $49,500 None Available
Lizalde Luke $75,000 None Available
Hud $48,900 --
Mittlesteadt Barbara Davis $45,900 --
Mittlesteadt Barbara Davis -- Mid South Title
Kirby Farms Condominium Assn $3,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lizalde Luke $71,250
Previous Owner Izenberg Scott $45,000
Previous Owner Mittlesteadt Barbara D $10,000
Previous Owner Mittlesteadt Barbara Davis $46,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2019 06/07/19 Sold $50,000 -15.3% $36 / Sq Ft
05/10/2019 05/10/19 For Sale $59,000 -- $42 / 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 $461 $21,700 $1,325 $20,375
2024 -- $13,600 $1,325 $12,275
2023 $828 $13,600 $1,325 $12,275
2022 $828 $13,600 $1,325 $12,275
2021 $469 $13,600 $1,325 $12,275
2020 $822 $11,350 $1,325 $10,025
2019 $363 $11,350 $1,325 $10,025
2018 $363 $11,350 $1,325 $10,025
2017 $371 $11,350 $1,325 $10,025
2016 $350 $8,000 $0 $0
2014 $350 $8,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Corinthia Fair

    Seller's Agent in 2019

    Corinthia Fair

    BHHS Taliesyn Realty

    (901) 922-9354

    2 in this area

    76 Total Sales

    Corinthia Fair
    Section Image
  • ?? ?

    Buyer's Agent in 2019

    ?? ?

    Reliable Realty & Property Mgt

    (901) 848-1695

    1 in this area

    47 Total Sales

    ?? ?
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10052341

Memphis Area Association of REALTORS®

APN: 08-1070-0-0037

Tennessee Shelby County Memphis 38119 Shady Grove

2978 Mew Cove Unit 3, Memphis, TN

This home is located at 2978 Mew Cove Unit 3, Memphis, TN 38119 since 10 May 2019 and is currently estimated at $107,938, approximately $67 per square foot. This property was built in 1974. 2978 Mew Cove Unit 3 is a home located in Shelby County with nearby schools including Oak Forest Elementary, Ridgeway Middle School, and Ridgeway High School.

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