NOT LISTED FOR SALE

3906 Moss Bank Cove Memphis, TN 38135

Estimated Value: $160,000 - $186,000

3 Beds
2 Baths
1,200-1,399 Sq Ft
$124/Sq Ft Est. Value

Last Sold April 23, 2021

Last sale price $153,500 $110 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,017/month

Highlights

  • Updated Kitchen
  • Traditional Architecture
  • End Unit
  • Community Lake
  • 1 Fireplace
  • Recreation Facilities

About This Home

As of April 2021

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2021 standards! Target rent = $1,095 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!

Last Agent to Sell the Property

Jim Reedy

Reedy & Company, REALTORS License #15602 Listed on: 01/29/2021

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $863

Year Built

  • Built in 1991

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 24x120
  • End Unit
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Property Attached
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,262 Sq Ft Home
  • 1.5-Story Property
  • 1 Fireplace
  • Some Wood Windows
  • Den
  • Iron Doors

Kitchen

  • Updated Kitchen
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number D0147A A00096

Community Details

Overview

  • Mary Louise Phase One Subdivision
  • Community Lake

Recreation

  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$863

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: End Unit
  • Detached Unit Type: General Residential
  • MLS Map #: 733C
  • MAAR Subdivision Name: MARY LOUISE PH1
  • List Price Per Sq Ft: 122
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 121.63
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1262
  • Year Built: 1991
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Master Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors, Tile
  • Full Bathrooms: 2
  • Equipment: Disposal, Dishwasher
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Primary Bathroom Description: Tile Floor
  • Master Bedroom: Level 1
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Association/Amenities

  • Neighborhood Amenities: Lake, Recreation Facilities

Lot Info

  • Lot Description: Level
  • Lot Number: 106
  • Acreage: 0.11
  • Lot Size: 24X120
  • Price Per Acre: 1395455

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: D0147A A00096

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2021
Closed on
Apr 21, 2021
Sold by
Memphis Investment Propertis Iii Llc
Bought by
Mussalli Andrew and Mussalli Diane
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$153,500
Sold Price
$153,500
Current Estimated Value
$173,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,266
Avg. Annual Appreciation
2.89%
Original Mortgage
$115,125
Outstanding Balance
$104,474
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$69,292

Purchase Details

Closed on
Jan 25, 2021
Sold by
Avala Prasuna
Bought by
Memphis Investment Properties Iii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,245
Interest Rate
2.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 17, 2010
Sold by
Gp Memphis Cash Flow
Bought by
Avala Prasuna

Purchase Details

Closed on
Oct 29, 2009
Sold by
Pinner Ronald A and Pinner Linda
Bought by
First Tennessee Bank National Associatio

Purchase Details

Closed on
Oct 8, 2004
Sold by
Pinner Darla
Bought by
Pinner Ronald A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,178
Interest Rate
5.62%
Mortgage Type
Unknown
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
Mussalli Andrew $153,500 Delta Title Services Llc
Memphis Investment Properties Iii Llc $90,000 Closetrak Llc
Avala Prasuna $55,700 None Available
Gp Memphis Cash Flow $38,101 None Available
First Tennessee Bank National Associatio $32,500 None Available
Pinner Ronald A -- Mid America Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mussalli Andrew $115,125
Previous Owner Memphis Investment Properties Iii Llc $123,245
Previous Owner Pinner Ronald A $25,175
Previous Owner Pinner Ronald A $52,178
Previous Owner Pinner Ronald A $18,177
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2021 04/23/21 Sold $153,500 0.0% $128 / Sq Ft
01/29/2021 01/29/21 Pending -- -- --
01/29/2021 01/29/21 For Sale $153,500 -- $128 / 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 $863 $49,100 $7,500 $41,600
2024 $863 $25,450 $5,000 $20,450
2023 $863 $25,450 $5,000 $20,450
2022 $863 $25,450 $5,000 $20,450
2021 $878 $25,450 $5,000 $20,450
2020 $733 $18,100 $4,100 $14,000
2019 $0 $18,100 $4,100 $14,000
2018 $733 $18,100 $4,100 $14,000
2017 $744 $18,100 $4,100 $14,000
2016 $784 $17,950 $0 $0
2014 $784 $17,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Reedy

    Seller's Agent in 2021

    Jim Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    22 in this area

    424 Total Sales

    Jim Reedy
    Section Image

  • B

    Buyer's Agent in 2021

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    22 in this area

    441 Total Sales

    Bradley Reedy
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10092779

Memphis Area Association of REALTORS®

APN: D0-147A-A0-0096

Tennessee Shelby County Memphis 38135

3906 Moss Bank Cove, Memphis, TN

This home is located at 3906 Moss Bank Cove, Memphis, TN 38135 since 29 January 2021 and is currently estimated at $173,766, approximately $124 per square foot. This property was built in 1991. 3906 Moss Bank Cove is a home located in Shelby County with nearby schools including Dexter Elementary School, Dexter Middle School, and Bolton High School.

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