NOT LISTED FOR SALE

3985 German Leaf Cove Memphis, TN 38125

Southern Shelby County Neighborhood

Estimated Value: $253,000 - $262,000

3 Beds
2.5 Baths
1,800-1,999 Sq Ft
$129/Sq Ft Est. Value

Last Sold October 17, 2024

Last sale price $262,500 $131 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,466/month

Highlights

  • Updated Kitchen
  • 1 Fireplace
  • Tile Flooring
  • Traditional Architecture
  • Some Wood Windows
  • 5-minute walk to Germanshire Park

About This Home

As of October 2024

"Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2024 standards! Target rent = $1,895 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

Mark Hart

Reedy & Company, REALTORS License #342634 Listed on: 09/12/2024

Last Buyer's Agent

Mark Hart

Reedy & Company, REALTORS License #342634 Listed on: 09/12/2024

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1986

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 83x150
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,938 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Some Wood Windows
  • Tile Flooring
  • Iron Doors
  • Updated Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 2 Car Garage
  • Front Facing Garage

Utilities

  • Central Heating and Cooling System

Community Details

  • Germanshire Oaks 2Nd Addn Fnl Pl Subdivision

Listing and Financial Details

  • Assessor Parcel Number 093512 D00001

Home Details

Home Type

Single Family

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: GERMANSHIRE OAKS 2ND ADD
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1938
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Tile, Vinyl/Luxury Vinyl Floor
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Number Of Fireplaces: 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Wood/Composition

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 1
  • Acreage: 0.29
  • Lot Size: 83X150
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: 093512 D00001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2024
Closed on
Oct 16, 2024
Sold by
Memphis Investment Properties Iv Llc
Bought by
Fuchs Kirill
Seller's Agent
Mark Hart
Reedy & Company, REALTORS
Buyer's Agent
Mark Hart
Reedy & Company, REALTORS
List Price
$262,500
Sold Price
$262,500
Views
2
Current Estimated Value
$257,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,935
Avg. Annual Appreciation
-1.81%
Original Mortgage
$196,875
Outstanding Balance
$194,805
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$62,760

Purchase Details

Listed on
Jul 11, 2024
Closed on
Jul 24, 2024
Sold by
Hardy Christina
Bought by
Memphis Investment Properties Iv Llc
Seller's Agent
Shimar Willis
Progressive Realty Services
Buyer's Agent
Shimar Willis
Progressive Realty Services
List Price
$215,000
Sold Price
$215,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.17%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 20, 2004
Sold by
True Todd W and True Andrea Lynne
Bought by
Hud
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
Fuchs Kirill $262,500 None Listed On Document
Memphis Investment Properties Iv Llc $155,000 None Listed On Document
Hud $106,434 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fuchs Kirill $196,875
Previous Owner Memphis Investment Properties Iv Llc $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/17/2024 10/17/24 Sold $262,500 0.0% $146 / Sq Ft
09/12/2024 09/12/24 Pending -- -- --
09/12/2024 09/12/24 For Sale $262,500 +22.1% $146 / Sq Ft
08/21/2024 08/21/24 Sold $215,000 0.0% $119 / Sq Ft View Prior Sale
07/30/2024 07/30/24 Pending -- -- --
07/11/2024 07/11/24 For Sale $215,000 -- $119 / 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 -- $65,875 $12,525 $53,350
2024 $1,414 $41,700 $6,425 $35,275
2023 $2,540 $41,700 $6,425 $35,275
2022 $2,540 $41,700 $6,425 $35,275
2021 $2,570 $41,700 $6,425 $35,275
2020 $2,176 $30,025 $6,425 $23,600
2019 $2,176 $30,025 $6,425 $23,600
2018 $2,176 $30,025 $6,425 $23,600
2017 $1,234 $30,025 $6,425 $23,600
2016 $1,164 $26,625 $0 $0
2014 $1,164 $26,625 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Mark Hart

    Reedy & Company, REALTORS

    (901) 800-6693

    2 in this area

    112 Total Sales

    Mark Hart
    Section Image

  • S

    Seller's Agent in 2024

    Shimar Willis

    Progressive Realty Services

    (901) 498-4054

    6 in this area

    70 Total Sales

    Shimar Willis
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10181170

Memphis Area Association of REALTORS®

APN: 09-3512-D0-0001

Tennessee Shelby County Memphis 38125 Southern Shelby County

3985 German Leaf Cove, Memphis, TN

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