NOT LISTED FOR SALE

2981 Kin Cove Unit 21 Memphis, TN 38119

Shady Grove Neighborhood

Estimated Value: $82,000 - $111,950

3 Beds
2 Baths
1,200-1,399 Sq Ft
12.82 Acres

Last Sold April 30, 2018

Last sale price $53,500 $38 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $561/month

Highlights

  • 12.82 Acre Lot
  • Traditional Architecture
  • End Unit
  • Vaulted Ceiling
  • Wood Flooring
  • Great Room

About This Home

As of April 2018

Don't miss the opportunity to see this 3 bedroom condo with wood floors throughout. The great room is huge and has vaulted ceilings. There is an eat in kitchen with patio doors going out to the fenced in back yard. The hall bathroom has been updated and the walls have recently been painted. The front yard is also fenced in. Being sold "as is". No FHA loans. The neighborhood is not an FHA approved area.

Last Agent to Sell the Property

Nikki Rowland

Turn Key Realty Group License #327441 Listed on: 03/24/2018

Last Buyer's Agent

?? ?

Reliable Realty & Property Mgt License #318200

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $547

Year Built

  • Built in 1975

Lot Details

  • End Unit
  • Wood Fence

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,337 Sq Ft Home
  • 1-Story Property
  • Popcorn or blown ceiling
  • Vaulted Ceiling
  • Great Room
  • Den with Fireplace
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • $185 Maintenance Fee
  • Association fees include exterior maintenance, grounds maintenance
  • Colony 1 Of 5 Colonies 1/63 Int 15'257 A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 081070 00055

Property Details

Home Type

Condominium

Est. Annual Taxes

$547

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: End Unit
  • MLS Map #: 783I
  • MAAR Subdivision Name: COLONY 1 OF 5 COLONIES
  • Condo: Yes
  • List Price Per Sq Ft: 43
  • Number Of Stories: 1
  • Price Per Sq Ft: 40.01
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1337
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1, Shared Bath, Hardwood Floor
  • Bedroom 3 Description: Level 1, Shared Bath, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: In Den/Great Room
  • Floors/Ceilings: Hardwood Throughout, Tile, Vinyl Floor, Sprayed Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Dishwasher, Cable Wired
  • Living Dining Kitchen: Great Room, Eat-In Kitchen, Pantry, Washer/Dryer Connections
  • Misc Interior: Pull Down Attic Stairs
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet
  • Total Bathrooms: 2
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Hardwood Floor

Exterior Features

  • Misc Exterior: Porch, Patio, Wood Fence
  • Exterior Windows: Vinyl 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, Garage Door Opener(s), Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central, Electric
  • Water Sewer: Electric Water Heater, Public Water, Public Sewer

Association/Amenities

  • Condo Fees Include: Exterior Maintenance, Grounds Maintenance
  • Condominium Association: Yes

Fee Information

  • Monthly Maintenance Fee: 185

Lot Info

  • Lot Description: Level, Wood Fenced
  • Lot Number: UNIT 21
  • Acreage: 12.82
  • Price Per Acre: 4524

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 081070 00055

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2022
Sold by
Zhang Xiao
Bought by
Kan Family Trust and Kan
Current Estimated Value
$96,738

Purchase Details

Listed on
Mar 24, 2018
Closed on
Apr 30, 2018
Sold by
Dhanani Shamsuddin and Dhanani Noorbano
Bought by
Zhou Xiaodong
Seller's Agent
Nikki Rowland
Turn Key Realty Group
Buyer's Agent
?? ?
Reliable Realty & Property Mgt
List Price
$58,000
Sold Price
$53,500
Premium/Discount to List
-$4,500
-7.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.29%

Purchase Details

Listed on
Feb 2, 2018
Closed on
Feb 16, 2018
Sold by
Borg Andrea K Karsten
Bought by
Dhanani Shamsuddin and Dhanani Noorbano
Seller's Agent
Jimmie Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Nikki Rowland
Turn Key Realty Group
List Price
$45,000
Sold Price
$46,000
Premium/Discount to List
$1,000
2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
112.80%

Purchase Details

Listed on
Feb 2, 2018
Closed on
Jan 3, 2018
Sold by
Borg Brian Daniel and King Charles Richard
Bought by
Borg Brian Daniel
Seller's Agent
Jimmie Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Nikki Rowland
Turn Key Realty Group
List Price
$45,000
Sold Price
$46,000
Premium/Discount to List
$1,000
2.22%

Purchase Details

Listed on
Feb 2, 2018
Closed on
Jan 2, 2018
Sold by
Larson Scott Forrest and King Charles Richard
Bought by
Larson Scott Forrest
Seller's Agent
Jimmie Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Nikki Rowland
Turn Key Realty Group
List Price
$45,000
Sold Price
$46,000
Premium/Discount to List
$1,000
2.22%

Purchase Details

Listed on
Feb 2, 2018
Closed on
Dec 26, 2017
Sold by
Lawson Kelly Lynn
Bought by
Borg Andrea K Karsten
Seller's Agent
Jimmie Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Nikki Rowland
Turn Key Realty Group
List Price
$45,000
Sold Price
$46,000
Premium/Discount to List
$1,000
2.22%

Purchase Details

Closed on
Aug 31, 2017
Sold by
King Charles R
Bought by
King Charles R and Borg Andrea K Karsten

Purchase Details

Closed on
Sep 16, 2011
Sold by
King Betty L
Bought by
King Charles R

Purchase Details

Closed on
Jul 20, 1995
Bought by
King Betty L
Source: Public Records

Range of Values:

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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
Kan Family Trust -- None Listed On Document
Zhou Xiaodong $53,500 Fidelity Title & Escrow Inc
Dhanani Shamsuddin $46,000 Quality Title Group Llc
Borg Brian Daniel -- None Available
Larson Scott Forrest -- Quality Title Group
Borg Andrea K Karsten -- Quality Title Group Llc
King Charles R -- None Available
King Charles R $23,988 None Available
King Betty L $53,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2018 04/30/18 Sold $53,500 -7.8% $45 / Sq Ft
04/02/2018 04/02/18 Pending -- -- --
03/24/2018 03/24/18 For Sale $58,000 +26.1% $48 / Sq Ft
02/16/2018 02/16/18 Sold $46,000 +2.2% $38 / Sq Ft View Prior Sale
02/09/2018 02/09/18 Pending -- -- --
02/02/2018 02/02/18 For Sale $45,000 -- $38 / 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 $547 $22,525 $1,325 $21,200
2024 $547 $16,125 $1,325 $14,800
2023 $982 $16,125 $1,325 $14,800
2022 $982 $16,125 $1,325 $14,800
2021 $556 $16,125 $1,325 $14,800
2020 $873 $12,050 $1,325 $10,725
2019 $385 $12,050 $1,325 $10,725
2018 $385 $12,050 $1,325 $10,725
2017 $394 $12,050 $1,325 $10,725
2016 $308 $7,050 $0 $0
2014 $308 $7,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jimmie Tapley

    Seller's Agent in 2018

    Jimmie Tapley

    Crye-Leike, Inc., REALTORS

    (901) 336-7898

    1 in this area

    258 Total Sales

    Jimmie Tapley
    Section Image
  • Nikki Rowland

    Seller's Agent in 2018

    Nikki Rowland

    Turn Key Realty Group

    (901) 896-8566

    97 Total Sales

    Nikki Rowland
    Section Image
  • ?? ?

    Buyer's Agent in 2018

    ?? ?

    Reliable Realty & Property Mgt

    (901) 848-1695

    1 in this area

    43 Total Sales

    ?? ?
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10023159

Memphis Area Association of REALTORS®

APN: 08-1070-0-0055

Tennessee Shelby County Memphis 38119 Shady Grove

2981 Kin Cove Unit 21, Memphis, TN

This home is located at 2981 Kin Cove Unit 21, Memphis, TN 38119 since 24 March 2018 and is currently estimated at $96,738, approximately $69 per square foot. This property was built in 1975. 2981 Kin Cove Unit 21 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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