NOT LISTED FOR SALE

3944 Lipscomb Cove Memphis, TN 38125

Southern Shelby County Neighborhood

Estimated Value: $155,000 - $214,000

3 Beds
2.5 Baths
1,502 Sq Ft
$120/Sq Ft Est. Value

Last Sold June 04, 2020

Last sale price $112,500 $75 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,013/month

54 Days on Market

Highlights

  • Vaulted Ceiling
  • Main Floor Primary Bedroom
  • Double Vanity
  • Traditional Architecture
  • 1 Fireplace
  • Laundry closet

About This Home

As of June 2020

County taxes only...This precious jewel features 3 bedrooms, 2.5 baths, hardwood flooring, neutral paint colors, stove, refrigerator, low yard maintenance, and move in ready. Conveniently located close to schools, shopping and restaurants.

Last Agent to Sell the Property

LaQuita Rucker

Crittenden Realty, LLC License #274676 Listed on: 02/09/2020

Last Buyer's Agent

Linda Boddie

Crye-Leike, Inc., REALTORS License #309326

Crye-Leike, Inc., REALTORS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1999

Lot Details

  • 3,485

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Property Attached

Interior Spaces

  • 1,502 Sq Ft Home
  • 1.5-Story Property
  • Vaulted Ceiling
  • 1 Fireplace
  • Laminate Flooring
  • Laundry closet

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Double Vanity

Home Security

  • Storm Doors
  • Iron Doors

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Cove
  • 3,485 Sq Ft Lot

Community Details

  • Stansell Crossing Pd Phase 10 Subdivision

Listing and Financial Details

  • Assessor Parcel Number D0242O C00042

Property Details

Home Type

Multi-Family

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: STANSELL CROSSING PH10
  • List Price Per Sq Ft: 73
  • Number Of Stories: 1.5
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1502
  • Year Built: 1999
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Vaulted/Coffered Primary, Double Vanity Bath
  • Estimated Heated Sq Ft Range: Not Available
  • Bedroom 2 Description: Level 2
  • Bedroom 3 Description: Level 2
  • Bedrooms: 3
  • Bedrooms Down: 1
  • Floors/Ceilings: Wood Laminate Floors
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Dishwasher, Refrigerator, Cable Available
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Storm Door(s)

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Cove
  • Lot Number: 341
  • Acreage: 0.08
  • Lot Size: 3628 SF 15 X 107

Tax Info

  • Assessor Parcel Number: D0242O C00042

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2020
Closed on
May 22, 2020
Sold by
Boyd Cornelius D and Ahmed Safiullah
Bought by
White Penny C
Seller's Agent
LaQuita Rucker
Crittenden Realty, LLC
Buyer's Agent
Linda Boddie
Crye-Leike, Inc., REALTORS
List Price
$109,000
Sold Price
$112,500
Premium/Discount to List
$3,500
3.21%
Current Estimated Value
$179,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,034
Avg. Annual Appreciation
8.62%
Original Mortgage
$112,500
Outstanding Balance
$99,281
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$80,253

Purchase Details

Closed on
Oct 8, 1999
Sold by
Lenox Homes Llc
Bought by
Boyd Cornelius D and Ahmed Safiullah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,892
Interest Rate
7.91%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
White Penny C $112,500 Realty Title
Boyd Cornelius D $101,950 Southern Escrow Title Compan
Boyd Cornelius D $101,950 Southern Escrow Title Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Penny C $112,500
Previous Owner Boyd Cornelius D $101,892
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2020 06/04/20 Sold $112,500 +3.2% $75 / Sq Ft
04/03/2020 04/03/20 Pending -- -- --
03/16/2020 03/16/20 For Sale $109,000 0.0% $73 / Sq Ft
03/06/2020 03/06/20 Pending -- -- --
02/09/2020 02/09/20 For Sale $109,000 0.0% $73 / Sq Ft
06/24/2013 06/24/13 Rented $1,175 +18.1% --
06/24/2013 06/24/13 Under Contract -- -- --
06/01/2013 06/01/13 For Rent $995 -- --
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 $977 $40,725 $8,000 $32,725
2024 $977 $28,825 $4,250 $24,575
2023 $977 $28,825 $4,250 $24,575
2022 $977 $28,825 $4,250 $24,575
2021 $994 $28,825 $4,250 $24,575
2020 $804 $19,850 $4,250 $15,600
2019 $804 $19,850 $4,250 $15,600
2018 $804 $19,850 $4,250 $15,600
2017 $816 $19,850 $4,250 $15,600
2016 $824 $18,850 $0 $0
2014 $824 $18,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    LaQuita Rucker

    Crittenden Realty, LLC

    (901) 347-3077

    1 in this area

    26 Total Sales

    LaQuita Rucker
    Section Image

  • L

    Buyer's Agent in 2020

    Linda Boddie

    Crye-Leike

    Section Image

  • E

    Seller's Agent in 2013

    Edward Pierce

    Pillar Realty

  • P

    Seller Co-Listing Agent in 2013

    Pamela Huxtable

    RE/MAX

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10070568

Memphis Area Association of REALTORS®

APN: D0-242O-C0-0042

Tennessee Shelby County Memphis 38125 Southern Shelby County

3944 Lipscomb Cove, Memphis, TN

Not Listed for Sale

MultiFamily

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