NOT LISTED FOR SALE

4262 Lisa Cove Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $79,000 - $96,809

3 Beds
1 Bath
1,000-1,199 Sq Ft
$75/Sq Ft Est. Value

Last Sold October 31, 2023

Last sale price $91,500 $76 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $515/month

Highlights

  • Traditional Architecture
  • Porch
  • Partially Carpeted
  • Separate Formal Living Room
  • Central Air
  • Heating Available

About This Home

As of October 2023

This is the perfect opportunity for you start building your own wealth! With most properties asking big $$$, this is a smart value and brings a good return on your investment dollar. Current owner is an out of state investor selling the 1031 Portfolio. This property is currently occupied by a MHA tenant who is vacating on 5/31. Current rent is $780 and owner is completing the MHA inspection repairs now. Property is managed now by a local property management company.

Last Agent to Sell the Property

Carol Scott

Tiger Realty License #252614 Listed on: 10/28/2023

Last Buyer's Agent

Juan Brooks

Process Realty Services License #272549

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $497

Year Built

  • Built in 1971

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 63x109
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,022 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Separate Formal Living Room
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Community Details

  • St Elmo 6Th Addn Rev Blk A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 071048 B00064

Home Details

Home Type

Single Family

Est. Annual Taxes

$497

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 725D
  • MAAR Subdivision Name: ST ELMO 6TH ADD
  • Number Of Stories: 1
  • Price Per Sq Ft: 89.53
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1022
  • Year Built: 1971
  • List Price/ Sq Ft: 90
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room
  • Misc Interior: All Window Treatments
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Level 1, Full Bath, Carpet

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Electric
  • Water Sewer: Electric Water Heater

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 97
  • Acreage: 0.25
  • Lot Size: 63X109
  • Price Per Acre: 366000

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 071048 B00064

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2023
Closed on
Oct 18, 2023
Sold by
Mann Barbara
Bought by
Blue Property Inv Tn Llc
Seller's Agent
Carol Scott
Tiger Realty
Buyer's Agent
Juan Brooks
Process Realty Services
List Price
$88,500
Sold Price
$91,500
Premium/Discount to List
$3,000
3.39%
Views
1
Current Estimated Value
$89,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,048
Avg. Annual Appreciation
-1.15%

Purchase Details

Closed on
Mar 3, 2020
Sold by
Perlman Stuart and Gerber Denise
Bought by
Mann Barbara

Purchase Details

Closed on
Jul 14, 2017
Sold by
Berkley Everett and Berkley Lelia
Bought by
Perlman Stuart and Gerber Denise

Purchase Details

Closed on
Dec 2, 2004
Sold by
Tennessee Housing Development Agency
Bought by
Hud

Purchase Details

Closed on
Nov 18, 2004
Sold by
Mcneal Lucy E and Robinson Bernard
Bought by
Tennessee Housing Development Agency
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
Blue Property Inv Tn Llc $91,000 Saddle Creek Title
Mann Barbara $38,000 Commercial Title Group Llc
Perlman Stuart $37,000 Saddle Creek Title Llc
Hud $35,700 --
Tennessee Housing Development Agency $35,700 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2023 10/31/23 Sold $91,500 +3.4% $92 / Sq Ft
10/28/2023 10/28/23 For Sale $88,500 -- $89 / 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 $497 $22,475 $2,900 $19,575
2024 -- $14,650 $2,500 $12,150
2023 $892 $14,650 $2,500 $12,150
2022 $892 $14,650 $2,500 $12,150
2021 $397 $14,650 $2,500 $12,150
2020 $821 $11,325 $2,500 $8,825
2019 $362 $11,325 $2,500 $8,825
2018 $362 $11,325 $2,500 $8,825
2017 $370 $11,325 $2,500 $8,825
2016 $476 $10,900 $0 $0
2014 $476 $10,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Carol Scott

    Tiger Realty

    Section Image
  • Juan Brooks

    Buyer's Agent in 2023

    Juan Brooks

    Process Realty Services

    (901) 864-4145

    3 in this area

    62 Total Sales

    Juan Brooks
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10160379

Memphis Area Association of REALTORS®

APN: 07-1048-B0-0064

Tennessee Shelby County Memphis 38127 Frayser

4262 Lisa Cove, Memphis, TN

This home is located at 4262 Lisa Cove, Memphis, TN 38127 since 28 October 2023 and is currently estimated at $89,452, approximately $74 per square foot. This property was built in 1971. 4262 Lisa Cove is a home located in Shelby County with nearby schools including Georgian Hills Achievement Elementary School, Georgian Hills Middle School, and Trezevant High School.

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