NOT LISTED FOR SALE

2988 Lin Cove Unit 10 Memphis, TN 38119

Shady Grove Neighborhood

Estimated Value: $78,000 - $112,365

3 Beds
1.5 Baths
1,400-1,599 Sq Ft
$58/Sq Ft Est. Value

Last Sold August 21, 2016

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

Est. 85% increase in value since last sale

Current estimated payment $557/month

93 Days on Market

Highlights

  • 12.82 Acre Lot
  • Traditional Architecture
  • Eat-In Kitchen
  • Clubhouse
  • Tennis Courts
  • Double Vanity

About This Home

As of August 2016

Beautiful 3 bedroom 1 1/2 bath condo with new carpet and new paint throughout. Excellent opportunity for a great home in a super location and with a 1 car garage. Priced below others in the area and ready to move into today. Your buyers will love this home.

Last Listed By

Jimmie Tapley

Crye-Leike, Inc., REALTORS License #209672 Listed on: 05/10/2016

Crye-Leike, Inc., REALTORS

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $518

Year Built

  • Built in 1975

Lot Details

  • Wood Fence
  • Few Trees

Home Design

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

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,420 Sq Ft Home
  • 2-Story Property
  • Popcorn or blown ceiling
  • Ceiling Fan
  • Factory Built Fireplace
  • Window Treatments
  • Entrance Foyer
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Wall to Wall Carpet
  • Laundry closet

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Double Vanity

Home Security

Parking

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

Outdoor Features

  • Patio
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • 220 Volts
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 081070 00044

Community Details

Overview

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

Recreation

  • Tennis Courts

Additional Features

  • Clubhouse
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$518

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: Town House
  • MLS Map #: 783I
  • MAAR Subdivision Name: COLONY 1 OF 5 COLONIES
  • Condo: Yes
  • List Price Per Sq Ft: 38
  • Number Of Stories: 2
  • Price Per Sq Ft: 35.21
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1420
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Kitchen, 1/2 Bath
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: Primary Up, Double Vanity Bath, Half Bath Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 2, Shared Bath, Carpet
  • Bedroom 3 Description: Level 2, Shared Bath, Carpet
  • Bedrooms: 3
  • Fireplace: Prefabricated, In Living Room
  • Floors/Ceilings: Wall to Wall Carpet, Sprayed Ceiling
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher, Cable Available
  • Living Dining Kitchen: Separate Living Room, Eat-In Kitchen, Pantry, Kit/DR Combo
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Smoke Detector(s), Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet, Entry Hall
  • 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, Wood Fence, Storage
  • Exterior Windows: Vinyl Siding
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 1
  • Parking Display: G1
  • Parking Storage: Garage Door Opener(s), Front-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s), 220 Wiring
  • Heating: Central, Electric
  • Security: Smoke Detector(s)
  • Water Sewer: Electric Water Heater, Public Water, Public Sewer

Association/Amenities

  • Condo Amenities: Tennis Court(s), Clubhouse
  • Condo Fees Include: Trash Collection, Exterior Maintenance, Grounds Maintenance, Management Fees, Exterior Insurance, Pest Control Contract
  • Condominium Association: Yes

Fee Information

  • Monthly Maintenance Fee: 185

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: UNIT 10
  • Acreage: 12.82
  • Price Per Acre: 4212

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 081070 00044

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2022
Sold by
Qin Guirong
Bought by
Wang And Qin Family Trust
Total Days on Market
93
Current Estimated Value
$92,341

Purchase Details

Listed on
May 10, 2016
Closed on
Aug 30, 2016
Sold by
Miller Lisa Kae
Bought by
Qin Gulrong
Seller's Agent
Jimmie Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
?? ?
Reliable Realty & Property Mgt
List Price
$57,000
Sold Price
$50,000
Premium/Discount to List
-$7,000
-12.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.57%

Purchase Details

Closed on
Apr 8, 2002
Sold by
Cole Victor A and Cole Sherri L
Bought by
Miller Lisa Kae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
6.8%

Purchase Details

Closed on
Jan 12, 2001
Sold by
Hud
Bought by
Cole Victor A

Purchase Details

Closed on
Apr 12, 2000
Sold by
Morgan Hubert J and Morgan Lisa L
Bought by
Hud

Purchase Details

Closed on
Aug 29, 1994
Bought by
Morgan Hubert J and Morgan Lisa L

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
Wang And Qin Family Trust -- --
Qin Gulrong $50,000 Chicago Title
Miller Lisa Kae $70,000 --
Hud $50,167 --
Morgan Hubert J $49,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miller Lisa Kae $41,900
Previous Owner Miller Lisa Kae $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2016 08/21/16 Sold $50,000 -12.3% $36 / Sq Ft
08/11/2016 08/11/16 Pending -- -- --
05/10/2016 05/10/16 For Sale $57,000 0.0% $41 / Sq Ft
07/30/2012 07/30/12 Rented $725 -11.6% --
07/30/2012 07/30/12 Under Contract -- -- --
05/07/2012 05/07/12 For Rent $820 -- --
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 $518 $15,275 $1,325 $13,950
2023 $931 $15,275 $1,325 $13,950
2022 $931 $15,275 $1,325 $13,950
2021 $941 $15,275 $1,325 $13,950
2020 $900 $12,425 $1,325 $11,100
2019 $397 $12,425 $1,325 $11,100
2018 $397 $12,425 $1,325 $11,100
2017 $406 $12,425 $1,325 $11,100
2016 $311 $7,125 $0 $0
2014 $311 $7,125 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jimmie Tapley

    Seller's Agent in 2016

    Jimmie Tapley

    Crye-Leike, Inc., REALTORS

    (901) 336-7898

    1 in this area

    290 Total Sales

    Jimmie Tapley
    Section Image
  • ?? ?

    Buyer's Agent in 2016

    ?? ?

    Reliable Realty & Property Mgt

    (901) 848-1695

    1 in this area

    49 Total Sales

    ?? ?
    Section Image
  • Jennifer Brown

    Seller's Agent in 2012

    Jennifer Brown

    Crye-Leike

    (901) 483-0605

    1 in this area

    61 Total Sales

    Jennifer Brown
    Section Image

  • K

    Buyer's Agent in 2012

    Kim Love

    Crye-Leike

    (901) 758-5678

    Kim Love
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9977032

Memphis Area Association of REALTORS®

APN: 08-1070-0-0044

Tennessee Shelby County Memphis 38119 Shady Grove

2988 Lin Cove Unit 10, Memphis, TN

Homes for Sale in Memphis, TN

This home is located at 2988 Lin Cove Unit 10, Memphis, TN 38119 since 10 May 2016 and is currently estimated at $92,341, approximately $57 per square foot. This property was built in 1975. 2988 Lin Cove Unit 10 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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