2987 Lin Cove Unit 16 Memphis, TN 38119
Shady Grove Neighborhood
2
Beds
1.5
Baths
1,000-1,199
Sq Ft
13
Acres
Highlights
- 12.82 Acre Lot
- Wood Flooring
- Great Room
- Traditional Architecture
- 1 Fireplace
- Central Heating and Cooling System
About This Home
As of June 2019PLEASE DO NOT DISTURB TENANT. AWESOME investment opportunity. This unit has been completed renovated. Stainless steel appliances. Upgraded bathroom countertops & granite countertops in the kitchen. New privacy fence. No interior access until accepted contract. Tenant has been in place for the past 3 years. Seller is extremely motivated. Priced to sell. Bring all offers. Do not let this one get away!
Last Agent to Sell the Property
Divine Destiny Realty License #327921 Listed on: 06/07/2019
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $465
Year Built
- Built in 1975
Home Design
- Traditional Architecture
- Vinyl Siding
Interior Spaces
- 1,000-1,199 Sq Ft Home
- 1,048 Sq Ft Home
- 1-Story Property
- 1 Fireplace
- Great Room
- Iron Doors
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
Parking
- 1 Car Garage
- Garage Door Opener
Additional Features
- Ground Level
- Central Heating and Cooling System
Community Details
- Property has a Home Owners Association
- $170 Maintenance Fee
- Colony 1 Of 5 Colonies 1 63 Int 15'257 A Subdivision
Listing and Financial Details
- Assessor Parcel Number 081070 00050
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 7, 2019
Closed on
Jun 29, 2019
Sold by
Chism Clara
Bought by
Zhang Shi Yingfel and Qinghua Zhang And Yingfei Shi Fmtr
Seller's Agent
Kweilyn Wiseman
Divine Destiny Realty
Buyer's Agent
?? ?
Reliable Realty & Property Mgt
List Price
$53,000
Sold Price
$53,000
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
$43,873
Avg. Annual Appreciation
10.36%
Purchase Details
Listed on
Jun 7, 2019
Closed on
Jun 28, 2019
Sold by
Chism Clara
Bought by
Zhang Zhang Qinghua Qinghua and Qinghua Zhang And Yingfei Shi Fmtr
Seller's Agent
Kweilyn Wiseman
Divine Destiny Realty
Buyer's Agent
?? ?
Reliable Realty & Property Mgt
List Price
$53,000
Sold Price
$53,000
Purchase Details
Listed on
Oct 10, 2015
Closed on
Feb 22, 2016
Sold by
Tapley Jmmie L
Bought by
Chism Clara
Seller's Agent
Jimmie Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Kweilyn Wiseman
Divine Destiny Realty
List Price
$49,900
Sold Price
$47,000
Premium/Discount to List
-$2,900
-5.81%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.65%
Purchase Details
Closed on
Jun 19, 2009
Sold by
Secretary Of Veterans Affairs
Bought by
Chiang G A
Purchase Details
Closed on
Apr 17, 2009
Sold by
Farr William G
Bought by
Secretary Of Veterans Affairs
Purchase Details
Closed on
Jun 15, 1995
Bought by
Farr William G
Similar Homes in Memphis, TN
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $50,000 | Fidelity Title & Escrow Inc | |
| Warranty Deed | $50,000 | Fidelity Title & Escrow Inc | |
| Warranty Deed | $47,000 | None Available | |
| Special Warranty Deed | $9,200 | Us Title | |
| Trustee Deed | $44,490 | None Available | |
| Deed | $45,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $43,205 | VA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/28/2019 06/28/19 | Sold | $53,000 | 0.0% | $53 / Sq Ft |
| 06/07/2019 06/07/19 | For Sale | $53,000 | +12.8% | $53 / Sq Ft |
| 02/22/2016 02/22/16 | Sold | $47,000 | -5.8% | $47 / Sq Ft |
| 02/09/2016 02/09/16 | Pending | -- | -- | -- |
| 10/10/2015 10/10/15 | For Sale | $49,900 | -- | $50 / 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 |
|---|---|---|---|---|
| 2025 | $465 | $17,250 | $1,325 | $15,925 |
| 2024 | $465 | $13,725 | $1,325 | $12,400 |
| 2023 | $836 | $13,725 | $1,325 | $12,400 |
| 2022 | $836 | $13,725 | $1,325 | $12,400 |
| 2021 | $474 | $13,725 | $1,325 | $12,400 |
| 2020 | $853 | $11,775 | $1,325 | $10,450 |
| 2019 | $376 | $11,775 | $1,325 | $10,450 |
| 2018 | $376 | $11,775 | $1,325 | $10,450 |
| 2017 | $385 | $11,775 | $1,325 | $10,450 |
| 2016 | $273 | $6,250 | $0 | $0 |
| 2014 | $273 | $6,250 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
K
Seller's Agent in 2019
Kweilyn Wiseman
Divine Destiny Realty
(901) 315-4399
1 in this area
13 Total Sales
-
Buyer's Agent in 2019
?? ?
Reliable Realty & Property Mgt
(901) 848-1695
1 in this area
47 Total Sales
-
Seller's Agent in 2016
Jimmie Tapley
Crye-Leike, Inc., REALTORS
(901) 336-7898
1 in this area
276 Total Sales
Map
Source: Memphis Area Association of REALTORS®
MLS Number: 10054493
APN: 08-1070-0-0050
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