NOT LISTED FOR SALE

3979 Sunset Lake Cove Memphis, TN 38135

Estimated Value: $195,000 - $213,000

3 Beds
2 Baths
1,200-1,399 Sq Ft
$145/Sq Ft Est. Value

Last Sold October 10, 2017

Last sale price $110,000 $79 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $1,210/month

13 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of October 2017

Great investment opportunity! this property has been renovated and is ready to rent! Target rent = $1200 per month. County Only Taxes!!

Last Agent to Sell the Property

James Wachob

Foundation Property Management License #294924 Listed on: 08/18/2017

Foundation Property Management

Last Buyer's Agent

James Wachob

Foundation Property Management License #294924 Listed on: 08/18/2017

Foundation Property Management

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,224

Year Built

  • Built in 2002

Lot Details

  • 6,098

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,143 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Front Facing Garage

Additional Features

  • 6,098 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • Sunset Lake Sec A Subdivision

Listing and Financial Details

  • Assessor Parcel Number D0147B F00056

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,224

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 733B
  • MAAR Subdivision Name: SUNSET LAKE SEC A
  • List Price Per Sq Ft: 107
  • Number Of Stories: 1
  • Price Per Sq Ft: 96.24
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1143
  • Year Built: 2002
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • 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
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Number: 56
  • Acreage: 0.14
  • Lot Size: 6000 SF 60 X 100
  • Price Per Acre: 875000

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: D0147B F00056

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2017
Closed on
Oct 10, 2017
Sold by
Powers Terry and Powers Sheila
Bought by
Holland Matthew S
Seller's Agent
James Wachob
Foundation Property Management
Buyer's Agent
James Wachob
Foundation Property Management
List Price
$122,500
Sold Price
$110,000
Premium/Discount to List
-$12,500
-10.2%
Current Estimated Value
$203,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,294
Avg. Annual Appreciation
8.18%
Original Mortgage
$82,400
Outstanding Balance
$69,485
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$134,713

Purchase Details

Closed on
Apr 30, 2007
Sold by
Powers Terry and Powers Sheila
Bought by
Powers Terry and Powers Sheila

Purchase Details

Closed on
Apr 29, 2005
Sold by
Martin Charles Bryan
Bought by
Power Terry and Powers Sheila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,500
Interest Rate
5.98%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 29, 2002
Sold by
Mark Matthews Development Company Llc
Bought by
Martin Charles Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,550
Interest Rate
6.8%
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
Holland Matthew S $110,000 Delta Title Services Llc
Powers Terry -- Home Surety Title & Escrow L
Power Terry $131,862 --
Martin Charles Brian $116,550 Memphis Escrow Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holland Matthew S $82,400
Previous Owner Power Terry $118,500
Previous Owner Martin Charles Brian $116,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2017 10/10/17 Sold $110,000 -10.2% $92 / Sq Ft
08/31/2017 08/31/17 Pending -- -- --
08/18/2017 08/18/17 For Sale $122,500 -- $102 / 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 $1,224 $49,350 $11,725 $37,625
2024 $1,224 $36,100 $8,750 $27,350
2023 $1,224 $36,100 $8,750 $27,350
2022 $1,224 $36,100 $8,750 $27,350
2021 $1,245 $36,100 $8,750 $27,350
2020 $988 $24,400 $5,975 $18,425
2019 $988 $24,400 $5,975 $18,425
2018 $988 $24,400 $5,975 $18,425
2017 $1,003 $24,400 $5,975 $18,425
2016 $1,093 $25,000 $0 $0
2014 $1,093 $25,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • James Wachob

    Seller's Agent in 2017

    James Wachob

    Foundation Property Management

    (901) 633-1484

    27 in this area

    622 Total Sales

    James Wachob
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10009497

Memphis Area Association of REALTORS®

APN: D0-147B-F0-0056

Tennessee Shelby County Memphis 38135

3979 Sunset Lake Cove, Memphis, TN

This home is located at 3979 Sunset Lake Cove, Memphis, TN 38135 since 18 August 2017 and is currently estimated at $203,294, approximately $145 per square foot. This property was built in 2002. 3979 Sunset Lake 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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