NOT LISTED FOR SALE

4136 Rainwater Cove Memphis, TN 38115

Hickory Hill Neighborhood

Estimated Value: $168,269 - $202,000

3 Beds
2 Baths
1,200-1,399 Sq Ft
$136/Sq Ft Est. Value

Last Sold September 07, 2018

Last sale price $105,000 $75 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,109/month

102 Days on Market

Highlights

  • Traditional Architecture
  • Eat-In Kitchen
  • Central Heating and Cooling System
  • 1 Fireplace
  • Tile Flooring
  • Wood Fence

About This Home

As of September 2018

Great investment opportunity! This property is in great condition and already CASHFLOWING! Current rent = $950 and professional property management is in place! Occupied home please do not disturb tenants make all offers subject to inspections. -Occupied please do not disturb tenants -Please make offers subject to inspection

Last Agent to Sell the Property

James Wachob

Foundation Property Management License #294924 Listed on: 03/19/2018

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

  • $1,146

Year Built

  • Built in 1975

Lot Details

  • 0.26 Acre Lot
  • Wood Fence
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,373 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Tile Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Carport
  • Driveway

Additional Features

  • Ground Level
  • Central Heating and Cooling System

Community Details

  • Ridgeway Estates Sec A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 093406 A00087

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,146

Year Built

Built in 1975

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 #: 785B
  • MAAR Subdivision Name: RIDGEWAY ESTATES SEC A
  • List Price Per Sq Ft: 76
  • Number Of Stories: 1
  • Price Per Sq Ft: 76.47
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1373
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • 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: Wood Fence
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 132
  • Acreage: 0.26
  • Lot Size: 99.235/130.02X98.37/109.635
  • Price Per Acre: 403846

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 093406 A00087

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2018
Closed on
Aug 1, 2018
Sold by
Memphis Investments Rental Properties Ll
Bought by
Cagar Levent
Seller's Agent
James Wachob
Foundation Property Management
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$105,000
Sold Price
$105,000
Total Days on Market
102
Current Estimated Value
$190,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,817
Avg. Annual Appreciation
9.27%
Original Mortgage
$78,750
Outstanding Balance
$68,956
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$121,861

Purchase Details

Closed on
Jan 31, 2018
Sold by
Wisch Nowell C
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
$85,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 9, 2014
Closed on
Jul 2, 2014
Sold by
Dnv Investment Partnership Llc
Bought by
Wisch Nowell C
Seller's Agent
Curt Davis
KAIZEN Realty, LLC
Buyer's Agent
Curt Davis
KAIZEN Realty, LLC
List Price
$64,900
Sold Price
$64,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.37%

Purchase Details

Closed on
Nov 15, 2011
Sold by
Menard Dale B and Menard Lora K
Bought by
Dnv Investment Partnership

Purchase Details

Closed on
Apr 28, 2011
Sold by
Menard Dale
Bought by
Menard Dale B and Menard Lora K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
4.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 2009
Sold by
Guenther Hans and Miller Ewell
Bought by
Menard Justin

Purchase Details

Closed on
Aug 17, 2009
Sold by
Wesley Kimberly and Wesley Reginald O
Bought by
Guenther Hans and Miller Ewell
Source: Public Records

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Range of Values:

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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
Cagar Levent $105,000 Delta Title Services Llc
Memphis Investment Rental Properties Llc $62,000 Close Trak Closing & Title
Wisch Nowell C $64,900 Saddle Creek Title Llc
Dnv Investment Partnership -- Tam Title & Escrow Llc
Menard Dale B -- Multiple
Menard Justin $44,700 None Available
Guenther Hans $27,440 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cagar Levent $78,750
Previous Owner Memphis Investment Rental Properties Llc $85,000
Previous Owner Menard Dale B $52,500
Previous Owner Wesley Reginald O $79,688
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2018 09/07/18 Sold $105,000 0.0% $88 / Sq Ft
06/29/2018 06/29/18 Pending -- -- --
03/19/2018 03/19/18 For Sale $105,000 +61.8% $88 / Sq Ft
07/02/2014 07/02/14 Sold $64,900 0.0% $46 / Sq Ft
06/23/2014 06/23/14 Pending -- -- --
06/09/2014 06/09/14 For Sale $64,900 -- $46 / 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 $1,146 $50,700 $5,575 $45,125
2024 $1,146 $33,800 $3,825 $29,975
2023 $2,059 $33,800 $3,825 $29,975
2022 $2,059 $33,800 $3,825 $29,975
2021 $1,166 $33,800 $3,825 $29,975
2020 $1,393 $19,225 $3,825 $15,400
2019 $614 $19,225 $3,825 $15,400
2018 $614 $19,225 $3,825 $15,400
2017 $629 $19,225 $3,825 $15,400
2016 $744 $17,025 $0 $0
2014 $744 $17,025 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • James Wachob

    Seller's Agent in 2018

    James Wachob

    Foundation Property Management

    (901) 440-2037

    16 in this area

    611 Total Sales

    James Wachob
    Section Image

  • M

    Seller Co-Listing Agent in 2018

    Mark Hart

    Reedy & Company, REALTORS

    (901) 800-6693

    4 in this area

    85 Total Sales

    Mark Hart
    Section Image

  • B

    Buyer's Agent in 2018

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    25 in this area

    499 Total Sales

    Bradley Reedy
    Section Image

  • C

    Seller's Agent in 2014

    Curt Davis

    KAIZEN Realty, LLC

    (605) 310-7929

    7 in this area

    106 Total Sales

    Curt Davis
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10022758

Memphis Area Association of REALTORS®

APN: 09-3406-A0-0087

Tennessee Shelby County Memphis 38115 Hickory Hill

4136 Rainwater Cove, Memphis, TN

This home is located at 4136 Rainwater Cove, Memphis, TN 38115 since 19 March 2018 and is currently estimated at $190,817, approximately $136 per square foot. This property was built in 1975. 4136 Rainwater Cove is a home located in Shelby County with nearby schools including Crump Elementary School, Hickory Ridge Middle School, and Wooddale High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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