NOT LISTED FOR SALE

3459 Swanson Cove Memphis, TN 38118

Parkway Village Neighborhood

Estimated Value: $141,623 - $167,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$96/Sq Ft Est. Value

Last Sold June 13, 2022

Last sale price $121,000 $76 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $866/month

Highlights

  • 1 Fireplace
  • Walk-In Closet
  • Ceiling Fan
  • Separate Formal Living Room
  • Patio
  • 1 Car Garage

About This Home

As of June 2022

**MULTIPLE OFFERS** Highest and best by 5/12/22 at 6pm. INVESTOR SPECIAL!! This 3 Bedroom, 2 bathroom property is the perfect fixer upper to add to your portfolio. This cash flowing Section 8 property has a long-term, paying tenant. This property is selling AS-IS with no repairs. Seller is highly motived to sell. NO SHOWINGS/INSPECTIONS until accepted offer. Please do not disturb tenant.

Last Agent to Sell the Property

Jessica Niter

The Home Partners Realty License #351807 Listed on: 05/09/2022

The Home Partners Realty

Last Buyer's Agent

Spencer Lindahl

Main Street Renewal, LLC License #331452

Main Street Renewal, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $783

Year Built

  • Built in 1969

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 39x123

Home Design

  • Property Attached

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,561 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Separate Formal Living Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 1 Car Garage
  • Front Facing Garage

Additional Features

  • Patio
  • Window Unit Cooling System

Community Details

  • Tamble Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 074037 B00116

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$783

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: TAMBLE TERRACE
  • List Price Per Sq Ft: 77
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1561
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Pantry
  • Number Of Fireplaces: 1
  • P R I M A R Y B E D R O O M: Walk-In Closet, Full Bath

Exterior Features

  • Misc Exterior: Patio

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 1
  • Parking Display: G1
  • Parking Storage: Front-Load Garage

Utilities

  • Cooling: Window Unit(s), Ceiling Fan(s)

Lot Info

  • Lot Number: 348
  • Acreage: 0.31
  • Lot Size: 39X123

Tax Info

  • Assessor Parcel Number: 074037 B00116

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2022
Closed on
Jun 13, 2022
Sold by
Adrian Bailey
Bought by
Arvm 5 Llc
Seller's Agent
Jessica Niter
The Home Partners Realty
Buyer's Agent
Spencer Lindahl
Main Street Renewal, LLC
List Price
$120,000
Sold Price
$121,000
Premium/Discount to List
$1,000
0.83%
Current Estimated Value
$152,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,906
Avg. Annual Appreciation
7.17%

Purchase Details

Closed on
Dec 28, 1995
Bought by
Carter Norris K and Carter Latrisha
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
Arvm 5 Llc $121,000 Summit Title & Escrow
Carter Norris K $71,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/13/2022 06/13/22 Sold $121,000 +0.8% $86 / Sq Ft
05/13/2022 05/13/22 Pending -- -- --
05/09/2022 05/09/22 For Sale $120,000 -- $86 / 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 $783 $39,650 $5,000 $34,650
2024 $783 $23,100 $3,350 $19,750
2023 $1,407 $23,100 $3,350 $19,750
2022 $1,407 $23,100 $3,350 $19,750
2021 $1,424 $23,100 $3,350 $19,750
2020 $1,417 $19,550 $3,350 $16,200
2019 $625 $19,550 $3,350 $16,200
2018 $625 $19,550 $3,350 $16,200
2017 $640 $19,550 $3,350 $16,200
2016 $838 $19,175 $0 $0
2014 $838 $19,175 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jessica Niter

    Seller's Agent in 2022

    Jessica Niter

    The Home Partners Realty

    (901) 563-7755

    3 in this area

    37 Total Sales

    Jessica Niter
    Section Image

  • S

    Buyer's Agent in 2022

    Spencer Lindahl

    Main Street Renewal, LLC

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10123592

Memphis Area Association of REALTORS®

APN: 07-4037-B0-0116

Tennessee Shelby County Memphis 38118 Parkway Village

3459 Swanson Cove, Memphis, TN

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