NOT LISTED FOR SALE

3678 Masterson Cove Memphis, TN 38109

Westwood Neighborhood

Estimated Value: $106,425 - $154,000

4 Beds
1.5 Baths
1,000-1,199 Sq Ft
$110/Sq Ft Est. Value

Last Sold September 28, 2018

Last sale price $68,500 $57 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $756/month

20 Days on Market

About This Home

As of September 2018

This home is located at 3678 Masterson Cove, Memphis, TN 38109 since 01 September 2018 and is currently estimated at $131,856, approximately $131 per square foot. This property was built in 1971. 3678 Masterson Cove is a home located in Shelby County with nearby schools including Levi Elementary School, Chickasaw Middle School, and Westwood High School.

Last Agent to Sell the Property

Stephen Akindona

Kairos Realty License #329215 Listed on: 09/01/2018

Last Buyer's Agent

Stephen Akindona

Kairos Realty License #329215 Listed on: 09/01/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $521

Year Built

  • Built in 1971

Lot Details

  • 8,712 Sq Ft Lot

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,418 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Community Details

  • Indian Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 075087 B00024

Home Details

Home Type

Single Family

Est. Annual Taxes

$521

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MLS Map #: 762B
  • MAAR Subdivision Name: INDIAN HILLS
  • List Price Per Sq Ft: 48
  • Number Of Stories: 1
  • Price Per Sq Ft: 48.31
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1418
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 1.1

Lot Info

  • Lot Number: 193
  • Acreage: 0.2
  • Lot Size: .5
  • Price Per Acre: 342500

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 075087 B00024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2019
Sold by
R9 Guanshan Llc
Bought by
Li Lixiang
Current Estimated Value
$131,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,375
Outstanding Balance
$50,898
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$80,958

Purchase Details

Listed on
Sep 1, 2018
Closed on
Sep 28, 2018
Sold by
Pegasus Rela Estate Services Llc
Bought by
R9 Guanshan Llc
Seller's Agent
Stephen Akindona
Kairos Realty
Buyer's Agent
Stephen Akindona
Kairos Realty
List Price
$68,500
Sold Price
$68,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.90%
Original Mortgage
$143,850
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 1, 2018
Closed on
Sep 12, 2018
Sold by
Holmes Invetsmnts Lp
Bought by
Pegasus Real Etate Services Tennese Com
Seller's Agent
Stephen Akindona
Kairos Realty
Buyer's Agent
Stephen Akindona
Kairos Realty
List Price
$68,500
Sold Price
$68,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,850
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 1, 2018
Closed on
Sep 10, 2018
Sold by
Holmes Memphis Properties Llc
Bought by
Holmes Investment Lp
Seller's Agent
Stephen Akindona
Kairos Realty
Buyer's Agent
Stephen Akindona
Kairos Realty
List Price
$68,500
Sold Price
$68,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,850
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 25, 2015
Sold by
Rehab Associates Of Tn Llc
Bought by
Holmes Memphis Properties Llc

Purchase Details

Closed on
Oct 22, 2014
Sold by
Heritage Properties Of Tn Inc
Bought by
Rehab Associates Of Tn Llc

Purchase Details

Closed on
Jul 2, 2014
Sold by
Nixon Russ
Bought by
Heritage Properties Of Tn Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 13, 2013
Sold by
Chandraratne Asarappulige
Bought by
Fernando Nelson

Purchase Details

Closed on
May 8, 2009
Sold by
Lopez Rorye Paige
Bought by
Chandraratne Asarappulige

Purchase Details

Closed on
Aug 13, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Lopez Rorye Paige

Purchase Details

Closed on
Mar 17, 2008
Sold by
Kemmons Tamika D
Bought by
Deutsche Bank National Trust Co and Hsi Asset Securitization Corp Trust 2006

Purchase Details

Closed on
Mar 2, 2006
Sold by
Bennett Sandra K
Bought by
Kemmons Tamika

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
8.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 8, 1998
Sold by
R & D Development Co Llc
Bought by
Bennett Sandra K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,991
Interest Rate
6.9%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 13, 1997
Sold by
Weiss Arnold M
Bought by
Hud
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
Li Lixiang -- Saddle Creek Title Llc
R9 Guanshan Llc $205,500 Saddle Creek Title Llc
Pegasus Real Etate Services Tennese Com $27,000 None Available
Holmes Investment Lp -- None Available
Holmes Memphis Properties Llc -- Saddle Creek Title Llc
Rehab Associates Of Tn Llc -- None Available
Heritage Properties Of Tn Inc $27,000 Timber Creek Title Llc
Nixon Russ $24,000 Saddle Creek Title Llc
Fernando Nelson $10,000 Shaw Title & Closing
Chandraratne Asarappulige $20,000 Alliance Title & Escrow Llc
Lopez Rorye Paige $17,000 Home Surety Title & Escrow L
Deutsche Bank National Trust Co $38,250 None Available
Kemmons Tamika $67,000 Equity Title & Escrow Co Of
Bennett Sandra K $50,000 --
Hud $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Lixiang $57,375
Previous Owner R9 Guanshan Llc $143,850
Previous Owner Heritage Properties Of Tn Inc $50,000
Previous Owner Kemmons Tamika $52,000
Previous Owner Kemmons Tamika D $15,000
Previous Owner Bennett Sandra K $50,991
Previous Owner R & D Development Co Llc $43,000
Closed Bennett Sandra K $2,184
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2018 09/28/18 Sold $68,500 0.0% $69 / Sq Ft
09/21/2018 09/21/18 Pending -- -- --
09/01/2018 09/01/18 For Sale $68,500 -- $69 / 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 $521 $25,600 $2,475 $23,125
2024 $521 $15,375 $2,000 $13,375
2023 $937 $15,375 $2,000 $13,375
2022 $937 $15,375 $2,000 $13,375
2021 $530 $15,375 $2,000 $13,375
2020 $770 $10,625 $2,000 $8,625
2019 $340 $10,625 $2,000 $8,625
2018 $340 $10,625 $2,000 $8,625
2017 $348 $10,625 $2,000 $8,625
2016 $497 $11,375 $0 $0
2014 $497 $11,375 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Stephen Akindona

    Seller's Agent in 2018

    Stephen Akindona

    Kairos Realty

    (901) 486-6688

    10 in this area

    84 Total Sales

    Stephen Akindona
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10039130

Memphis Area Association of REALTORS®

APN: 07-5087-B0-0024

Tennessee Shelby County Memphis 38109 Westwood

3678 Masterson Cove, Memphis, TN

This home is located at 3678 Masterson Cove, Memphis, TN 38109 since 01 September 2018 and is currently estimated at $131,856, approximately $109 per square foot. This property was built in 1971. 3678 Masterson Cove is a home located in Shelby County with nearby schools including Levi Elementary School, Chickasaw Middle School, and Westwood High School.

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