NOT LISTED FOR SALE

4044 Kennibec Cove Memphis, TN 38125

Southern Shelby County Neighborhood

Estimated Value: $232,497 - $256,000

3 Beds
2 Baths
1,800-1,999 Sq Ft
$122/Sq Ft Est. Value

Last Sold July 05, 2018

Last sale price $169,900 $85 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,396/month

Highlights

  • Traditional Architecture
  • Eat-In Kitchen
  • Central Air
  • 1 Fireplace
  • Tile Flooring
  • 2 Car Garage

About This Home

As of July 2018

Great turnkey investment opportunity! This CASHFLOW property has been fully renovated and brought to 2018 standards! Target rent = $1350 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, HVAC, Roof and much more!

Last Agent to Sell the Property

James Wachob

Foundation Property Management License #294924 Listed on: 05/25/2018

Foundation Property Management

Co-Listed By

Mark Hart

Reedy & Company, REALTORS License #342634

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,431

Year Built

  • Built in 1986

Lot Details

  • 10,454 Sq Ft Lot
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,801 Sq Ft Home
  • 1.5-Story Property
  • 1 Fireplace
  • Tile Flooring
  • Iron Doors
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Driveway

Additional Features

  • Ground Level
  • Central Air

Community Details

  • Tiptree Park Sec E Subdivision

Listing and Financial Details

  • Assessor Parcel Number 093507 F00007

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,431

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Attached Unit Type: First Floor Flat
  • Detached Unit Type: General Residential
  • MLS Map #: 787C
  • MAAR Subdivision Name: TIPTREE PARK SEC E
  • List Price Per Sq Ft: 94
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 94.34
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1801
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Eat-In Kitchen
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 168
  • Acreage: 0.24
  • Lot Size: .246AC 37.20/142.79X108.31/160.76
  • Price Per Acre: 707917

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 093507 F00007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2018
Closed on
Jun 5, 2018
Sold by
Memphis Investment Rental Properties Llc
Bought by
Boucher Paul and Boucher Romagne
Seller's Agent
James Wachob
Foundation Property Management
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$169,900
Sold Price
$169,900
Current Estimated Value
$243,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,724
Avg. Annual Appreciation
5.05%

Purchase Details

Closed on
Mar 29, 2018
Sold by
Hogan Jerry and Hogan Jerry H
Bought by
Memphis Investment Rental Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.38%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 14, 2008
Sold by
Us Bank Na
Bought by
Hogan Jackie and Hogan Jerry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,700
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 18, 2008
Sold by
Beck Arthurine
Bought by
Us Bank Na

Purchase Details

Closed on
Apr 4, 2006
Sold by
Jpmorgan Chase Bank
Bought by
Beck Arthurine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,600
Interest Rate
9.19%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 12, 2005
Sold by
Hoyle Ronald
Bought by
Jpmorgan Chase Bank

Purchase Details

Closed on
Sep 21, 2004
Sold by
Skipper Charles L and Skipper Angela
Bought by
Hoyle Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,900
Interest Rate
8.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 13, 2002
Sold by
Sellars Bradley D and Sellars Patricia
Bought by
Skipper Charles L and Skipper Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,500
Interest Rate
9.74%

Purchase Details

Closed on
Jan 15, 1999
Sold by
Hunsucker Larry W
Bought by
Sellars Bradley D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,949
Interest Rate
6.71%
Mortgage Type
FHA
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
Boucher Paul $169,800 Delta Title Svcs Llc
Memphis Investment Rental Properties Llc $88,000 Closetrak Closing & Title
Hogan Jackie $72,500 Resource Title Agency
Us Bank Na $87,750 None Available
Beck Arthurine $117,000 Equity Title & Escrow Co
Jpmorgan Chase Bank $108,800 --
Hoyle Ronald $129,900 Security Title Company Inc
Skipper Charles L $117,500 Equity Title & Escrow Co
Sellars Bradley D $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Memphis Investment Rental Properties Llc $120,000
Previous Owner Hogan Jackie $75,700
Previous Owner Beck Arthurine $93,600
Previous Owner Hoyle Ronald $129,900
Previous Owner Skipper Charles L $117,500
Previous Owner Sellars Bradley D $99,949
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/05/2018 07/05/18 Sold $169,900 0.0% $94 / Sq Ft
05/25/2018 05/25/18 Pending -- -- --
05/25/2018 05/25/18 For Sale $169,900 -- $94 / 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 $1,431 $59,350 $12,425 $46,925
2024 $1,431 $42,200 $6,375 $35,825
2023 $2,571 $42,200 $6,375 $35,825
2022 $2,571 $42,200 $6,375 $35,825
2021 $1,456 $42,200 $6,375 $35,825
2020 $2,043 $28,200 $6,375 $21,825
2019 $901 $28,200 $6,375 $21,825
2018 $901 $28,200 $6,375 $21,825
2017 $923 $28,200 $6,375 $21,825
2016 $996 $22,800 $0 $0
2014 $996 $22,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • James Wachob

    Seller's Agent in 2018

    James Wachob

    Foundation Property Management

    (901) 633-1484

    11 in this area

    640 Total Sales

    James Wachob
    Section Image

  • M

    Seller Co-Listing Agent in 2018

    Mark Hart

    Reedy & Company, REALTORS

    (901) 800-6693

    2 in this area

    109 Total Sales

    Mark Hart
    Section Image

  • B

    Buyer's Agent in 2018

    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: 10027861

Memphis Area Association of REALTORS®

APN: 09-3507-F0-0007

Tennessee Shelby County Memphis 38125 Southern Shelby County

4044 Kennibec Cove, Memphis, TN

This home is located at 4044 Kennibec Cove, Memphis, TN 38125 since 25 May 2018 and is currently estimated at $243,624, approximately $121 per square foot. This property was built in 1986. 4044 Kennibec 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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