NOT LISTED FOR SALE

4005 Niagara Cove Memphis, TN 38125

Southern Shelby County Neighborhood

Estimated Value: $232,759 - $246,000

3 Beds
2 Baths
1,600-1,799 Sq Ft
$134/Sq Ft Est. Value

Last Sold October 27, 2022

Last sale price $237,000 $132 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,367/month

Highlights

  • Traditional Architecture
  • Great Room
  • Some Wood Windows
  • 1 Fireplace
  • Den
  • Tile Flooring

About This Home

As of October 2022

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2022 standards! Target rent = $1750 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

Jim Reedy

Reedy & Company, REALTORS License #15602 Listed on: 08/04/2022

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,264

Year Built

  • Built in 1986

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 70x120
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,658 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Some Wood Windows
  • Great Room
  • Den
  • Iron Doors

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Tiptree Park Sec F Subdivision

Listing and Financial Details

  • Assessor Parcel Number 093507 H00023

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,264

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 787C
  • MAAR Subdivision Name: TIPTREE PARK SEC F
  • List Price Per Sq Ft: 143
  • Number Of Stories: 1
  • Price Per Sq Ft: 142.94
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1658
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors, Tile
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Disposal, Dishwasher
  • Living Dining Kitchen: Great Room
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2
  • 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: Brick Veneer, Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad, Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Sewer, Public Water

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 264
  • Acreage: 0.21
  • Lot Size: 70X120
  • Price Per Acre: 1128571

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 093507 H00023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2022
Closed on
Oct 27, 2022
Sold by
Memphis Investment Properties Iii Llc
Bought by
Dardy Residential Management Llc
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$237,000
Sold Price
$237,000
Current Estimated Value
$240,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,690
Avg. Annual Appreciation
0.52%

Purchase Details

Closed on
Jul 22, 2022
Sold by
Butcher Jeffrey R and Butcher Pamela L
Bought by
Memphis Investment Properties Iii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
5.23%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
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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
Dardy Residential Management Llc $237,000 Delta Title Services
Memphis Investment Properties Iii Llc $170,000 Delta Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Memphis Investment Properties Iii Llc $205,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2022 10/27/22 Sold $237,000 0.0% $148 / Sq Ft
08/04/2022 08/04/22 Pending -- -- --
08/04/2022 08/04/22 For Sale $237,000 -- $148 / 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 $1,264 $59,175 $12,350 $46,825
2024 $1,264 $37,275 $6,325 $30,950
2023 $2,271 $37,275 $6,325 $30,950
2022 $2,271 $37,275 $6,325 $30,950
2021 $1,011 $37,275 $6,325 $30,950
2020 $868 $27,150 $6,325 $20,825
2019 $868 $27,150 $6,325 $20,825
2018 $868 $27,150 $6,325 $20,825
2017 $888 $27,150 $6,325 $20,825
2016 $1,001 $22,900 $0 $0
2014 $1,001 $22,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Reedy

    Seller's Agent in 2022

    Jim Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    5 in this area

    402 Total Sales

    Jim Reedy
    Section Image

  • B

    Buyer's Agent in 2022

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    5 in this area

    419 Total Sales

    Bradley Reedy
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10130508

Memphis Area Association of REALTORS®

APN: 09-3507-H0-0023

Tennessee Shelby County Memphis 38125 Southern Shelby County

4005 Niagara Cove, Memphis, TN

This home is located at 4005 Niagara Cove, Memphis, TN 38125 since 04 August 2022 and is currently estimated at $240,690, approximately $133 per square foot. This property was built in 1986. 4005 Niagara Cove is a home located in Shelby County with nearby schools including Germanshire Elementary School, Kirby High School, and East Academy.

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