NOT LISTED FOR SALE

3524 Marconi Cove Memphis, TN 38118

Parkway Village Neighborhood

Estimated Value: $155,000 - $185,000

3 Beds
2 Baths
2,000-2,199 Sq Ft
$78/Sq Ft Est. Value

Last Sold October 24, 2016

Last sale price $73,000 $33 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $968/month

Highlights

  • Traditional Architecture
  • Den with Fireplace
  • Eat-In Kitchen
  • Separate Formal Living Room
  • Some Wood Windows
  • Walk-In Closet

About This Home

As of October 2016

Beautiful newly renovated home located on quiet cove. This home has a new roof, new carpet, paint and much more.

Last Agent to Sell the Property

Thomas Byrd

Byrd Realty Services, LLC License #268775 Listed on: 06/16/2016

Last Buyer's Agent

Zenobia Polk

Reliable First Realty Company License #319673

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $840

Year Built

  • Built in 1971

Lot Details

  • 9,583 Sq Ft Lot
  • Wood Fence

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,000-2,199 Sq Ft Home
  • 2,070 Sq Ft Home
  • 1-Story Property
  • Fireplace Features Masonry
  • Some Wood Windows
  • Separate Formal Living Room
  • Dining Room
  • Den with Fireplace
  • Iron Doors
  • Laundry Room

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

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

Additional Features

  • Cove
  • Central Heating and Cooling System

Community Details

  • Tamble Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 074037 C00074

Home Details

Home Type

Single Family

Est. Annual Taxes

$840

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Wooddale
  • MLS Map #: 772F
  • MAAR Subdivision Name: TAMBLE TERRACE
  • List Price Per Sq Ft: 40
  • Number Of Stories: 1
  • Price Per Sq Ft: 35.27
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2070
  • Year Built: 1971
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 2000-2199
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Masonry, In Den/Great Room
  • Floors/Ceilings: Wall to Wall Carpet, Wood Laminate Floors
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Eat-In Kitchen
  • Misc Interior: Walk-In Closet(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room
  • Total Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Cove
  • Lot Number: 537
  • Acreage: 0.22
  • Lot Size: 0.22
  • Price Per Acre: 372727

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 074037 C00074

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2016
Closed on
Oct 26, 2016
Sold by
Fannie Mae
Bought by
Bailey Demetria D
Seller's Agent
Thomas Byrd
Byrd Realty Services, LLC
Buyer's Agent
Zenobia Polk
Reliable First Realty Company
List Price
$82,000
Sold Price
$73,000
Premium/Discount to List
-$9,000
-10.98%
Current Estimated Value
$171,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,227
Avg. Annual Appreciation
9.92%
Original Mortgage
$3,500
Outstanding Balance
$2,815
Interest Rate
3.48%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$168,412

Purchase Details

Closed on
Feb 29, 2016
Sold by
Brown Tangella R
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 31, 2003
Sold by
Smith Carolyn J
Bought by
Brown Tangella R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 17, 1998
Sold by
Smith Gary A
Bought by
Smith Carolyn 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
Bailey Demetria D $82,000 None Available
Federal National Mortgage Association $78,392 None Available
Brown Tangella R $90,000 --
Smith Carolyn J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bailey Demetria D $3,500
Previous Owner Brown Tangella R $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2016 10/24/16 Sold $73,000 -11.0% $37 / Sq Ft
07/06/2016 07/06/16 Pending -- -- --
06/16/2016 06/16/16 For Sale $82,000 -- $41 / 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 $840 $43,400 $5,000 $38,400
2024 $840 $24,775 $3,350 $21,425
2023 $1,509 $24,775 $3,350 $21,425
2022 $1,509 $24,775 $3,350 $21,425
2021 $1,527 $24,775 $3,350 $21,425
2020 $1,543 $21,300 $3,350 $17,950
2019 $1,543 $21,300 $3,350 $17,950
2018 $1,543 $21,300 $3,350 $17,950
2017 $875 $21,300 $3,350 $17,950
2016 $911 $20,850 $0 $0
2014 $911 $20,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2016

    Thomas Byrd

    Byrd Realty Services, LLC

    Section Image
  • Zenobia Polk

    Buyer's Agent in 2016

    Zenobia Polk

    Reliable First Realty Company

    (901) 502-2135

    4 Total Sales

    Zenobia Polk
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9979781

Memphis Area Association of REALTORS®

APN: 07-4037-C0-0074

Tennessee Shelby County Memphis 38118 Parkway Village

3524 Marconi Cove, Memphis, TN

This home is located at 3524 Marconi Cove, Memphis, TN 38118 since 16 June 2016 and is currently estimated at $171,227, approximately $77 per square foot. This property was built in 1971. 3524 Marconi Cove is a home located in Shelby County with nearby schools including Cromwell Elementary School, Wooddale High School, and Compass Community School Hickory Hill Campus.

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