3985 German Leaf Cove Memphis, TN 38125
Southern Shelby County Neighborhood
3
Beds
2.5
Baths
1,800-1,999
Sq Ft
0.29
Acres
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!"
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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,990
Avg. Annual Appreciation
-1.78%
Original Mortgage
$196,875
Outstanding Balance
$195,572
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$63,282
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
6.95%
Mortgage Type
Construction
Purchase Details
Closed on
Feb 20, 2004
Sold by
True Todd W and True Andrea Lynne
Bought by
Hud
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $262,500 | None Listed On Document | |
| Warranty Deed | $155,000 | None Listed On Document | |
| Trustee Deed | $106,434 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $196,875 | New Conventional | |
| Previous Owner | $220,000 | Construction | |
| Previous Owner | $117,980 | Fannie Mae Freddie Mac | |
| Previous Owner | $95,000 | Purchase Money Mortgage | |
| Previous Owner | $26,515 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 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
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
-
Mark Hart
M
Seller's Agent in 2024
Mark Hart
Reedy & Company, REALTORS
(901) 800-6693
2 in this area
88 Total Sales
-
Shimar Willis
S
Seller's Agent in 2024
Shimar Willis
Progressive Realty Services
(901) 498-4054
6 in this area
70 Total Sales
Map
Source: Memphis Area Association of REALTORS®
MLS Number: 10181170
APN: 09-3512-D0-0001
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