NOT LISTED FOR SALE

2981 Mew Cove Unit 5 Memphis, TN 38119

Shady Grove Neighborhood

Estimated Value: $79,000 - $148,765

3 Beds
2 Baths
1,200-1,399 Sq Ft
$88/Sq Ft Est. Value

Last Sold August 04, 2021

Last sale price $58,500 $42 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $735/month

74 Days on Market

Highlights

  • 12.82 Acre Lot
  • Separate Formal Living Room
  • Outdoor Storage
  • 1 Fireplace
  • Courtyard
  • Central Heating and Cooling System

About This Home

As of August 2021

Move in Ready, only cash buyers accepted. As -is

Last Listed By

Andre Pruitt

TRG Real Estate Services, LLC License #351013 Listed on: 05/09/2021

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $553

Year Built

  • Built in 1975

Lot Details

  • 13

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,372 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Separate Formal Living Room
  • Wall to Wall Carpet
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Driveway

Outdoor Features

  • Courtyard
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System

Community Details

  • Property has a Home Owners Association
  • $200 Maintenance Fee
  • Colony Of Colonies Community
  • Colony 1 Of 5 Colonies 1/63 Int 15'257 A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 081070 00039

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$553

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • 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: 51
  • Number Of Stories: 1
  • Price Per Sq Ft: 42.64
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1372
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wall to Wall Carpet
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Washer/Dryer Connections
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Storage Building
  • Exterior Windows: Brick Veneer, Vinyl Siding

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Condo Amenities: Courtyard
  • Condominium Association: Yes
  • Condominium Name: Colony of Colonies

Fee Information

  • Monthly Maintenance Fee: 200

Lot Info

  • Lot Number: UNIT 5
  • Acreage: 12.82
  • Lot Size: 10542
  • Price Per Acre: 5460

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 081070 00039

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2021
Closed on
Aug 4, 2021
Sold by
Owens Wanda
Bought by
Blvs Holdings Llc
Seller's Agent
Andre Pruitt
TRG Real Estate Services, LLC
Buyer's Agent
Bridget Mirza
TRG Real Estate Services, LLC
List Price
$70,000
Sold Price
$58,500
Premium/Discount to List
-$11,500
-16.43%
Total Days on Market
74
Current Estimated Value
$123,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,191
Avg. Annual Appreciation
15.69%

Purchase Details

Closed on
Mar 31, 2005
Sold by
Cooper Don C and Cooper Sarah
Bought by
Owens Wanda and Owens Wanda Boggan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,920
Interest Rate
5.95%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 22, 2002
Sold by
Morgret Andrew J and Fizer Emerson Ray
Bought by
Cooper Don C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,350
Interest Rate
6.53%
Mortgage Type
FHA

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
Blvs Holdings Llc $58,500 Sure Title Co Llc
Blvs Holdings Llc $58,500 Sure Title Company Llc
Owens Wanda $69,900 Community Equity & Title Inc
Cooper Don C $64,900 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Owens Wanda Boggan $72,438
Previous Owner Owens Wanda $55,920
Previous Owner Cooper Don C $64,350
Closed Cooper Don C $3,572
Closed Owens Wanda $13,980
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2021 08/04/21 Sold $58,500 -16.4% $49 / Sq Ft
05/09/2021 05/09/21 For Sale $70,000 -- $58 / 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 $553 $16,325 $1,325 $15,000
2023 $994 $16,325 $1,325 $15,000
2022 $994 $16,325 $1,325 $15,000
2021 $563 $16,325 $1,325 $15,000
2020 $879 $12,125 $1,325 $10,800
2019 $388 $12,125 $1,325 $10,800
2018 $388 $12,125 $1,325 $10,800
2017 $397 $12,125 $1,325 $10,800
2016 $308 $7,050 $0 $0
2014 $308 $7,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Andre Pruitt

    Seller's Agent in 2021

    Andre Pruitt

    TRG Real Estate Services, LLC

    (901) 870-1224

    6 in this area

    166 Total Sales

    Andre Pruitt
    Section Image
  • Bridget Mirza

    Buyer's Agent in 2021

    Bridget Mirza

    TRG Real Estate Services, LLC

    (901) 356-0404

    1 in this area

    37 Total Sales

    Bridget Mirza
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10098941

Memphis Area Association of REALTORS®

APN: 08-1070-0-0039

Tennessee Shelby County Memphis 38119 Shady Grove

2981 Mew Cove Unit 5, Memphis, TN

Homes for Sale in Memphis, TN

This home is located at 2981 Mew Cove Unit 5, Memphis, TN 38119 since 09 May 2021 and is currently estimated at $123,691, approximately $88 per square foot. This property was built in 1975. 2981 Mew Cove Unit 5 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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