NOT LISTED FOR SALE

3980 Sunset Lake Cove Memphis, TN 38135

Estimated Value: $248,000 - $281,222

3 Beds
2.5 Baths
2,234 Sq Ft
$116/Sq Ft Est. Value

Last Sold June 06, 2013

Last sale price $110,000 $49 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $1,525/month

18 Days on Market

Highlights

  • Water Views
  • Traditional Architecture
  • Great Room
  • Water Access
  • Main Floor Primary Bedroom
  • Breakfast Room

About This Home

As of June 2013

Nice home on Sunset lake has large bonus room up master down with 2 car garage; being sold as-is

Last Agent to Sell the Property

Barry Less

Leco Realty, Inc. License #281548 Listed on: 04/09/2013

Last Buyer's Agent

Anthony Smith

Divine Destiny Realty License #313872

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,441

Year Built

  • Built in 2002

Lot Details

  • 7,841

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,234 Sq Ft Home
  • 2-Story Property
  • Aluminum Window Frames
  • Great Room
  • Breakfast Room
  • Den with Fireplace
  • Vinyl Flooring
  • Water Views
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Outdoor Features

  • Water Access
  • Cove
  • Patio

Additional Features

  • 7,841 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • Sunset Lake Sec A Subdivision
  • Mandatory Home Owners Association
  • The community has rules related to allowing corporate owners

Listing and Financial Details

  • Assessor Parcel Number D0147B F00047

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,441

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
  • Corporate Own: Yes
  • Number Of Stories: 2
  • Price Per Sq Ft: 49.24
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2234
  • Year Built: 2002
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: Primary Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedrooms: 3
  • Bedrooms Down: 1
  • Fireplace: In Den/Great Room
  • Floors/Ceilings: Vinyl Floor
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Living Dining Kitchen: Great Room, Separate Breakfast Room, Pantry, Washer/Dryer Connections
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2.1

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer, Aluminum Window(s)

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Water View, Water Access, Cove
  • Lot Number: 47
  • Acreage: 0.18
  • Lot Size: 8187 SF 50 X 217

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: D0147B F00047

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2013
Closed on
Jun 5, 2013
Sold by
Lpp Mortgage Ltd
Bought by
Moten Chicola
Seller's Agent
Barry Less
Leco Realty, Inc.
Buyer's Agent
Anthony Smith
Divine Destiny Realty
List Price
$104,900
Sold Price
$110,000
Premium/Discount to List
$5,100
4.86%
Current Estimated Value
$256,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,523
Avg. Annual Appreciation
7.24%
Original Mortgage
$108,007
Outstanding Balance
$77,461
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$180,372

Purchase Details

Closed on
Dec 23, 2002
Sold by
Kadhim Juma and Kadhim Lori
Bought by
Lpp Mortgage Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,787
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Moten Chicola $110,000 None Available
Lpp Mortgage Ltd $139,019 None Available
Kadhim Juma $173,460 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moten Chicola $108,007
Previous Owner Kadhim Juma $164,787
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2013 06/06/13 Sold $110,000 +4.9% $49 / Sq Ft
04/27/2013 04/27/13 Pending -- -- --
04/09/2013 04/09/13 For Sale $104,900 -- $47 / 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 $1,441 $60,450 $11,725 $48,725
2024 $1,441 $42,500 $8,750 $33,750
2023 $1,441 $42,500 $8,750 $33,750
2022 $1,441 $42,500 $8,750 $33,750
2021 $1,466 $42,500 $8,750 $33,750
2020 $1,134 $28,000 $5,975 $22,025
2019 $1,134 $28,000 $5,975 $22,025
2018 $1,134 $28,000 $5,975 $22,025
2017 $1,151 $28,000 $5,975 $22,025
2016 $1,225 $28,025 $0 $0
2014 $1,225 $28,025 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Barry Less

    Seller's Agent in 2013

    Barry Less

    Leco Realty, Inc.

    (901) 461-0046

    12 in this area

    151 Total Sales

    Section Image

  • A

    Buyer's Agent in 2013

    Anthony Smith

    Divine Destiny Realty

    (901) 730-0348

    5 in this area

    29 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3269154

Memphis Area Association of REALTORS®

APN: D0-147B-F0-0047

Tennessee Shelby County Memphis 38135

3980 Sunset Lake Cove, Memphis, TN

This home is located at 3980 Sunset Lake Cove, Memphis, TN 38135 since 09 April 2013 and is currently estimated at $259,306, approximately $116 per square foot. This property was built in 2002. 3980 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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