NOT LISTED FOR SALE

3358 Spring Water Cove Memphis, TN 38128

Frayser Neighborhood

Estimated Value: $109,000 - $115,444

4 Beds
1.5 Baths
1,000-1,199 Sq Ft
$93/Sq Ft Est. Value

Last Sold January 22, 2013

Last sale price $12,100 $10 Per Sq Ft

Est. 824% increase in value since last sale

Current estimated payment $638/month

Highlights

  • Traditional Architecture
  • Porch
  • 1-Story Property
  • Separate Formal Living Room
  • Central Heating and Cooling System

About This Home

As of January 2013

4 bedroom 1.5 bath home with lots of potential, great investment property.

Last Agent to Sell the Property

Rita Driver

All Stars Realty License #251275 Listed on: 12/13/2012

Last Buyer's Agent

Jerry Modesto

Crye-Leike, Inc., REALTORS License #268749

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $564

Year Built

  • Built in 1973

Lot Details

  • 3,049

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,161 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Parking

  • 1 Parking Space
  • Carport
  • Driveway

Outdoor Features

  • Cove
  • Porch

Additional Features

  • 3,049 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • Spring Valley Blk B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 090005 00014

Home Details

Home Type

Single Family

Est. Annual Taxes

$564

Year Built

Built in 1973

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 B
  • Number Of Stories: 1
  • Price Per Sq Ft: 10.42
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1161
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room
  • Total Bathrooms: 1.1

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Cove
  • Lot Number: 161
  • Acreage: 0.07
  • Lot Size: 35/110 X 98.88/132.24 + 40

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 090005 00014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2012
Closed on
Jan 22, 2013
Sold by
Finger Lakes Funding Inc
Bought by
Marshall Scott
Seller's Agent
Rita Driver
All Stars Realty
Buyer's Agent
Jerry Modesto
Crye-Leike, Inc., REALTORS
List Price
$19,900
Sold Price
$12,100
Premium/Discount to List
-$7,800
-39.2%
Current Estimated Value
$111,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,761
Avg. Annual Appreciation
19.06%

Purchase Details

Closed on
Nov 17, 2012
Sold by
Young Cheryl
Bought by
Finger Lakes Funding Inc

Purchase Details

Closed on
Oct 19, 2011
Sold by
Eh Pooled 611 Lp
Bought by
Young Cheryl

Purchase Details

Closed on
Aug 17, 2011
Sold by
Hsbc Bank Usa N A
Bought by
Eh Pooled 611 Lp

Purchase Details

Closed on
Mar 21, 2011
Sold by
Scott Lawrence W
Bought by
Hsbc Bank Usa N A

Purchase Details

Closed on
Nov 30, 2006
Sold by
Jones Terrance D
Bought by
Scott Lawrence and Scott Lawrence W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,600
Interest Rate
9.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 20, 2006
Sold by
Wells Fargo Bank Na
Bought by
Jones Terrance D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,058
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 13, 2006
Sold by
Coburn Floyd and Coburn Minnie
Bought by
Wells Fargo Bank Na and Holders Of Structured Asset Securities C

Purchase Details

Closed on
Feb 4, 2002
Sold by
Thorpe Stephan A and Thorpe Melissa K
Bought by
Coburn Floyd and Coburn Minnie
Source: Public Records

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
Marshall Scott $12,100 None Available
Finger Lakes Funding Inc -- None Available
Young Cheryl $16,000 None Available
Young Cheryl $16,000 None Available
Eh Pooled 611 Lp -- None Available
Hsbc Bank Usa N A $35,000 None Available
Scott Lawrence $76,000 American Title Company Inc
Jones Terrance D $40,000 American Title Company Inc
Wells Fargo Bank Na $44,062 None Available
Coburn Floyd $55,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scott Lawrence $64,600
Previous Owner Jones Terrance D $48,058
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/22/2013 01/22/13 Sold $12,100 -39.2% $12 / Sq Ft
01/11/2013 01/11/13 Pending -- -- --
12/13/2012 12/13/12 For Sale $19,900 -- $20 / 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 $564 $23,800 $2,625 $21,175
2024 $564 $16,625 $2,400 $14,225
2023 $1,013 $16,625 $2,400 $14,225
2022 $1,013 $16,625 $2,400 $14,225
2021 $1,025 $16,625 $2,400 $14,225
2020 $873 $12,050 $2,400 $9,650
2019 $873 $12,050 $2,400 $9,650
2018 $873 $12,050 $2,400 $9,650
2017 $495 $12,050 $2,400 $9,650
2016 $519 $11,875 $0 $0
2014 $519 $11,875 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rita Driver

    Seller's Agent in 2013

    Rita Driver

    All Stars Realty

    (901) 674-7653

    38 Total Sales

    Rita Driver
    Section Image

  • J

    Buyer's Agent in 2013

    Jerry Modesto

    Crye-Leike, Inc., REALTORS

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3261472

Memphis Area Association of REALTORS®

APN: 09-0005-0-0014

Tennessee Shelby County Memphis 38128 Frayser

3358 Spring Water Cove, Memphis, TN

This home is located at 3358 Spring Water Cove, Memphis, TN 38128 since 13 December 2012 and is currently estimated at $111,861, approximately $93 per square foot. This property was built in 1973. 3358 Spring Water 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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