NOT LISTED FOR SALE

3812 Penguin Cove Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $211,000 - $249,404

3 Beds
2 Baths
2,000-2,199 Sq Ft
$102/Sq Ft Est. Value

Last Sold December 28, 2015

Last sale price $107,000 $49 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $1,283/month

Highlights

  • 0.85 Acre Lot
  • Wood Flooring
  • 2 Car Attached Garage
  • Traditional Architecture
  • Separate Formal Living Room
  • Breakfast Bar

About This Home

As of December 2015

Huge house in a sought after area. Beautiful hardwood floors, newly renovated, gorgeous updated kitchen and wonderfully landscaped yard. All rooms are large and you can walk to the lake. Owner/Agent.

Last Agent to Sell the Property

Danielle Holland

Reedy & Company, REALTORS License #331914 Listed on: 08/23/2015

Co-Listed By

Jim Reedy

Reedy & Company, REALTORS License #15602

Last Buyer's Agent

Thula Thomas

REMAX Experts License #331727

REMAX Experts

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $993

Year Built

  • Built in 1959

Lot Details

  • 0.85 Acre Lot
  • Landscaped

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 2,000-2,199 Sq Ft Home
  • 2,000 Sq Ft Home
  • 1-Story Property
  • Fireplace Features Masonry
  • Separate Formal Living Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Carport
  • Driveway

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • Lakewood Hills 7Th Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 084010 00075

Home Details

Home Type

Single Family

Est. Annual Taxes

$993

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 734C
  • MAAR Subdivision Name: LAKEWOOD HILLS 7TH ADD
  • List Price Per Sq Ft: 55
  • Number Of Stories: 1
  • Price Per Sq Ft: 53.5
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2000
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 2000-2199
  • Bedroom 2 Description: Hardwood Floor
  • Bedroom 3 Description: Hardwood Floor
  • Bedrooms: 3
  • Fireplace: Masonry
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Dishwasher, Refrigerator
  • Living Dining Kitchen: Separate Living Room, Breakfast Bar
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Hardwood Floor

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking Display: C2A
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Landscaped
  • Lot Number: 134
  • Acreage: 0.85
  • Lot Size: 149.1/148.3 X 249.6/213.6
  • Price Per Acre: 129294

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 084010 00075

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2015
Closed on
Dec 23, 2015
Sold by
Jbj Properties Llc
Bought by
Smith Marvin and Smith Angela Michelle
Seller's Agent
Danielle Holland
Reedy & Company, REALTORS
Buyer's Agent
Thula Thomas
REMAX Experts
List Price
$109,900
Sold Price
$107,000
Premium/Discount to List
-$2,900
-2.64%
Current Estimated Value
$225,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,101
Avg. Annual Appreciation
7.27%
Original Mortgage
$105,061
Outstanding Balance
$84,649
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$126,983

Purchase Details

Closed on
Jun 30, 2015
Sold by
Ashley Jeri Lynn
Bought by
Jbj Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
3.89%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 3, 2012
Sold by
Ashley Richard M
Bought by
Ashley Jeri Lynn

Purchase Details

Closed on
Sep 27, 1996
Sold by
Bunch Florence M
Bought by
Ashley Richard M and Ashley Jeri Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,450
Interest Rate
7.87%
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
Smith Marvin $109,900 Preferred Title & Escrow Llc
Jbj Properties Llc $45,000 Fidelity Title & Escrow
Ashley Jeri Lynn -- None Available
Ashley Richard M $111,000 Fidelity Title & Escrow Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Marvin $105,061
Previous Owner Jbj Properties Llc $60,000
Previous Owner Ashley Richard M $68,572
Previous Owner Ashley Richard M $100,500
Previous Owner Ashley Richard M $105,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2015 12/28/15 Sold $107,000 -2.6% $54 / Sq Ft
10/13/2015 10/13/15 Pending -- -- --
08/23/2015 08/23/15 For Sale $109,900 -- $55 / 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 $993 $50,125 $8,000 $42,125
2024 $993 $29,300 $6,850 $22,450
2023 $1,785 $29,300 $6,850 $22,450
2022 $1,785 $29,300 $6,850 $22,450
2021 $1,806 $29,300 $6,850 $22,450
2020 $1,830 $25,250 $6,850 $18,400
2019 $1,830 $25,250 $6,850 $18,400
2018 $1,830 $25,250 $6,850 $18,400
2017 $1,038 $25,250 $6,850 $18,400
2016 $1,313 $30,050 $0 $0
2014 $1,313 $30,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Danielle Holland

    Seller's Agent in 2015

    Danielle Holland

    Reedy & Company, REALTORS

    (901) 489-2093

    3 in this area

    225 Total Sales

    Danielle Holland
    Section Image
  • Jim Reedy

    Seller Co-Listing Agent in 2015

    Jim Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    29 in this area

    421 Total Sales

    Jim Reedy
    Section Image
  • Thula Thomas

    Buyer's Agent in 2015

    Thula Thomas

    RE/MAX

    (870) 225-4440

    162 Total Sales

    Thula Thomas
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9959588

Memphis Area Association of REALTORS®

APN: 08-4010-0-0075

Tennessee Shelby County Memphis 38128 Raleigh

3812 Penguin Cove, Memphis, TN

This home is located at 3812 Penguin Cove, Memphis, TN 38128 since 23 August 2015 and is currently estimated at $225,101, approximately $102 per square foot. This property was built in 1959. 3812 Penguin Cove is a home located in Shelby County with nearby schools including Scenic Hills Elementary School, Raleigh Egypt High School, and Coleman School.

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