NOT LISTED FOR SALE

3278 Spring Valley Cove Memphis, TN 38128

Frayser Neighborhood

Estimated Value: $133,014 - $147,000

5 Beds
2.5 Baths
1,800-1,999 Sq Ft
$71/Sq Ft Est. Value

Last Sold March 08, 2024

Last sale price $132,500 $66 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $826/month

11 Days on Market

Highlights

  • Two Primary Bedrooms
  • Separate Formal Living Room
  • Dining Room
  • Traditional Architecture
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of March 2024

Need space? Check out this 5br 2.5ba house on one level! Solid surface flooring throughout! Would make an excellent rental property or owner/occupant. Electrical panel recently updated. Central Heat and Air. Roof was recently replaced. Vacant/Easy to show!

Last Agent to Sell the Property

Caleb Parr

Renshaw Company, REALTORS License #340494 Listed on: 02/05/2024

Last Buyer's Agent

Caleb Parr

Renshaw Company, REALTORS License #340494 Listed on: 02/05/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $843

Year Built

  • Built in 1971

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 35x105
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,372 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Dining Room
  • Iron Doors

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • Double Master Bedroom
  • En-Suite Bathroom
  • Primary Bathroom is a Full Bathroom

Utilities

  • Central Heating and Cooling System

Community Details

  • Spring Valley Blk A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 090010 00021

Home Details

Home Type

Single Family

Est. Annual Taxes

$843

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 731A
  • MAAR Subdivision Name: SPRING VALLEY BLK A
  • Number Of Stories: 1
  • Price Per Sq Ft: 96.57
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1372
  • Year Built: 1971
  • List Price/ Sq Ft: 98
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Two Primaries
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedroom 2 Description: Level 1, Private Half Bath
  • Bedroom 3 Description: Level 1
  • Bedroom 4 Description: Level 1
  • Bedroom 5 Description: Level 1
  • Bedrooms: 5
  • Bedrooms Down: 5
  • Floors/Ceilings: Vinyl/Luxury Vinyl Floor
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Dishwasher, Refrigerator
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room
  • Total Bathrooms: 2.1
  • P R I M A R Y B E D R O O M: Full Bath, Level 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 74
  • Acreage: 0.08
  • Lot Size: 35X105
  • Price Per Acre: 1687500

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 090010 00021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2024
Closed on
Mar 5, 2024
Sold by
Magnuson Chase and Magnuson Diana
Bought by
Wang Fang Ting
Seller's Agent
Caleb Parr
Renshaw Company, REALTORS
Buyer's Agent
Caleb Parr
Renshaw Company, REALTORS
List Price
$135,000
Sold Price
$132,500
Premium/Discount to List
-$2,500
-1.85%
Views
32
Current Estimated Value
$138,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,562
Avg. Annual Appreciation
-0.00%
Original Mortgage
$97,500
Outstanding Balance
$96,253
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$36,240

Purchase Details

Listed on
Dec 30, 2021
Closed on
Feb 2, 2022
Sold by
Guenther Hans J
Bought by
Magnuson Chase and Magnuson Diana
Seller's Agent
Suzanne Smith
Enterprise, REALTORS
Buyer's Agent
Caleb Parr
Renshaw Company, REALTORS
List Price
$115,000
Sold Price
$121,500
Premium/Discount to List
$6,500
5.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.21%
Original Mortgage
$103,275
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 1994
Bought by
Guenther Hans J
Source: Public Records

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 Fang Ting $130,000 Foundation Title & Escrow
Magnuson Chase $121,500 Griffin Clift Everton And Masc
Guenther Hans J $27,169 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Fang Ting $97,500
Previous Owner Magnuson Chase $103,275
Previous Owner Guenther Hans J $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2024 03/08/24 Sold $132,500 -1.9% $74 / Sq Ft
02/16/2024 02/16/24 Pending -- -- --
02/05/2024 02/05/24 For Sale $135,000 +11.1% $75 / Sq Ft
02/02/2022 02/02/22 Sold $121,500 +5.7% $68 / Sq Ft
01/04/2022 01/04/22 Pending -- -- --
12/30/2021 12/30/21 For Sale $115,000 -- $64 / 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 $843 $38,575 $2,625 $35,950
2024 $843 $24,875 $2,400 $22,475
2023 $1,515 $24,875 $2,400 $22,475
2022 $1,084 $17,800 $2,400 $15,400
2021 $1,097 $17,800 $2,400 $15,400
2020 $917 $12,650 $2,400 $10,250
2019 $404 $12,650 $2,400 $10,250
2018 $404 $12,650 $2,400 $10,250
2017 $414 $12,650 $2,400 $10,250
2016 $538 $12,300 $0 $0
2014 $538 $12,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Caleb Parr

    Seller's Agent in 2024

    Caleb Parr

    Renshaw Company, REALTORS

    (901) 484-0478

    39 in this area

    396 Total Sales

    Section Image
  • Suzanne Smith

    Seller's Agent in 2022

    Suzanne Smith

    Enterprise, REALTORS

    (901) 201-0752

    3 in this area

    181 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10165251

Memphis Area Association of REALTORS®

APN: 09-0010-0-0021

Tennessee Shelby County Memphis 38128 Frayser

3278 Spring Valley Cove, Memphis, TN

This home is located at 3278 Spring Valley Cove, Memphis, TN 38128 since 05 February 2024 and is currently estimated at $142,754, approximately $71 per square foot. This property was built in 1971. 3278 Spring Valley Cove is a home located in Shelby County with nearby schools including Keystone Elementary School, Raleigh Egypt High School, and Promise Academy - Spring Hill.

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