2992 Lin Cove Unit 12 Memphis, TN 38119
Shady Grove NeighborhoodEstimated Value: $79,000 - $114,000
3
Beds
2
Baths
1,600-1,799
Sq Ft
13
Acres
Highlights
- 12.82 Acre Lot
- Bonus Room
- Great Room
- Traditional Architecture
- End Unit
- Tennis Courts
About This Home
As of March 2021Perfect Condo For Someone That Likes Space, But Doesn't Like Stairs! 3br/2ba Single Story Low Maintenance Home. Location Convenient To Everything! Lots Of Natural Light. Garage Has Been Converted To A Large Bonus/Great Room. Home Features Grab Bars & Many Other ADA Features. Paint & Flooring Need Some TLC...Great Home To Make Your Own! (ROOF ~2yrs old, A/C Unit ~1.5yrs old)
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $621
Year Built
- Built in 1975
Lot Details
- End Unit
- Wood Fence
- Few Trees
Parking
- Driveway
Home Design
- Traditional Architecture
- Slab Foundation
- Composition Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,600-1,799 Sq Ft Home
- 1,629 Sq Ft Home
- 1-Story Property
- Ceiling height of 9 feet or more
- Ceiling Fan
- Factory Built Fireplace
- Great Room
- Living Room with Fireplace
- Den
- Bonus Room
- Play Room
- Iron Doors
- Oven or Range
Flooring
- Partially Carpeted
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Washer and Dryer Hookup
Accessible Home Design
- Grab Bars
- Lower Fixtures
- Wheelchair Access
- Doors are 32 inches wide or more
Additional Features
- Ground Level
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 081070 00046
Community Details
Overview
- Property has a Home Owners Association
- $215 Maintenance Fee
- Association fees include trash collection, exterior maintenance, grounds maintenance, exterior insurance, reserve fund, pest control contract
- Colony 1 Of 5 Colonies 1/63 Int 15'257 A Subdivision
Recreation
- Tennis Courts
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 8, 2021
Closed on
Mar 5, 2021
Sold by
Sr Vs Inc
Bought by
Bolen Gayltan
Seller's Agent
Brandon Smith
Smith Family Real Estate, LLC
Buyer's Agent
Vanessa Grandberry
New Home Realty
List Price
$74,900
Sold Price
$62,500
Premium/Discount to List
-$12,400
-16.56%
Total Days on Market
47
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
$35,131
Avg. Annual Appreciation
16.26%
Purchase Details
Closed on
Jun 23, 2010
Sold by
Housing Options Inc
Bought by
Shelby Residential & Vocational Services
Purchase Details
Closed on
Aug 12, 2002
Sold by
Shelby Residential & Vocational Svcs Inc
Bought by
Housing Options Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,600
Interest Rate
6.53%
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
Similar Homes in Memphis, TN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bolen Gayltan | $62,500 | Closetrak Llc | |
| Shelby Residential & Vocational Services | -- | None Available | |
| Housing Options Inc | $72,000 | Tri State Title & Escrow Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bolen Gayltan | $20,000 | |
| Previous Owner | Housing Options Inc | $71,975 | |
| Previous Owner | Housing Options Inc | $57,600 | |
| Closed | Housing Options Inc | $14,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/05/2021 03/05/21 | Sold | $62,500 | -10.6% | $39 / Sq Ft |
| 02/24/2021 02/24/21 | Pending | -- | -- | -- |
| 02/04/2021 02/04/21 | Price Changed | $69,900 | -6.7% | $44 / Sq Ft |
| 01/08/2021 01/08/21 | For Sale | $74,900 | -- | $47 / 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 |
|---|---|---|---|---|
| 2024 | $621 | $18,325 | $1,325 | $17,000 |
| 2023 | $1,116 | $18,325 | $1,325 | $17,000 |
| 2022 | $1,116 | $18,325 | $1,325 | $17,000 |
| 2021 | $522 | $0 | $0 | $0 |
| 2020 | $0 | $0 | $0 | $0 |
| 2019 | $0 | $0 | $0 | $0 |
| 2018 | $0 | $0 | $0 | $0 |
| 2017 | $0 | $0 | $0 | $0 |
| 2016 | -- | $0 | $0 | $0 |
| 2014 | $487 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Brandon Smith
B
Seller's Agent in 2021
Brandon Smith
Smith Family Real Estate, LLC
(901) 356-4397
1 in this area
111 Total Sales
-
Vanessa Grandberry
Buyer's Agent in 2021
Vanessa Grandberry
New Home Realty
(901) 691-9099
1 in this area
36 Total Sales
Map
Source: Memphis Area Association of REALTORS®
MLS Number: 10091490
APN: 08-1070-0-0046
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