NOT LISTED FOR SALE

4511 Lockwood Cove Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $199,000 - $219,000

3 Beds
2.5 Baths
1,600-1,799 Sq Ft
$113/Sq Ft Est. Value

Last Sold September 27, 2012

Last sale price $39,900 $22 Per Sq Ft

Est. 411% increase in value since last sale

Current estimated payment $1,208/month

44 Days on Market

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Den
  • Wood Flooring
  • Separate Formal Living Room
  • 2 Car Attached Garage

About This Home

As of September 2012

3br 2.5 bath home needs work but has potential. Sold as is, cash sale.

Last Agent to Sell the Property

Vanessa Marshall

BenchMark REALTORS, LLC License #268298 Listed on: 07/17/2012

Last Buyer's Agent

Kathy Newsom

BenchMark REALTORS, LLC License #258525

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,154

Year Built

  • Built in 1963

Lot Details

  • 0.27 Acre Lot
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,781 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Separate Formal Living Room
  • Den
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Additional Features

  • Cove
  • Central Heating and Cooling System

Community Details

  • Broadmoor Park Blk B 2 Subdivision
  • The community has rules related to allowing corporate owners

Listing and Financial Details

  • Assessor Parcel Number 085024 00033

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,154

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: COLEMAN
  • MLS Map #: 733A
  • MAAR Subdivision Name: BROADMOOR PARK BLK B-2
  • Corporate Own: Yes
  • Number Of Stories: 1
  • Price Per Sq Ft: 22.4
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1781
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Den
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2.1

Exterior Features

  • Exterior Windows: Brick Veneer

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees, Cove
  • Lot Number: 15
  • Acreage: 0.27
  • Lot Size: 86.43/85X140.99/132.73

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 085024 00033

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 2012
Sold by
Memphis Invest Gp
Bought by
Tucker Robin and Tucker Michael
Current Estimated Value
$204,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,600
Outstanding Balance
$51,668
Interest Rate
3.35%
Mortgage Type
New Conventional
Estimated Equity
$155,626

Purchase Details

Listed on
Jul 17, 2012
Closed on
Sep 27, 2012
Sold by
Hilliard Terry
Bought by
Memphis Invest Gp
Seller's Agent
Vanessa Marshall
BenchMark REALTORS, LLC
Buyer's Agent
Kathy Newsom
BenchMark REALTORS, LLC
List Price
$44,900
Sold Price
$39,900
Premium/Discount to List
-$5,000
-11.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.63%
Original Mortgage
$77,400
Interest Rate
3.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 17, 2012
Closed on
Sep 5, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Hilliard Terry
Seller's Agent
Vanessa Marshall
BenchMark REALTORS, LLC
Buyer's Agent
Kathy Newsom
BenchMark REALTORS, LLC
List Price
$44,900
Sold Price
$39,900
Premium/Discount to List
-$5,000
-11.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,400
Interest Rate
3.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2012
Sold by
Franklin James and Franklin Patricia
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Apr 28, 1997
Sold by
Jackson Isaac Joe and Jackson Geneva L
Bought by
Franklin James C and Franklin Patricia N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,800
Interest Rate
7.95%
Mortgage Type
FHA
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
Tucker Robin $93,900 None Available
Memphis Invest Gp $42,900 None Available
Hilliard Terry $39,900 Servicelink Hopewell Campus
Federal Home Loan Mortgage Corporation $62,501 None Available
Franklin James C $87,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tucker Robin $73,600
Previous Owner Memphis Invest Gp $77,400
Previous Owner Franklin James $21,600
Previous Owner Franklin James $80,600
Previous Owner Franklin James $82,767
Previous Owner Franklin James C $81,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2012 09/27/12 Sold $39,900 -11.1% $25 / Sq Ft
08/30/2012 08/30/12 Pending -- -- --
07/17/2012 07/17/12 For Sale $44,900 -- $28 / 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 $1,154 $44,575 $5,250 $39,325
2024 -- $34,050 $4,250 $29,800
2023 $2,074 $34,050 $4,250 $29,800
2022 $2,074 $34,050 $4,250 $29,800
2021 $2,099 $34,050 $4,250 $29,800
2020 $1,533 $21,150 $4,250 $16,900
2019 $1,533 $21,150 $4,250 $16,900
2018 $1,533 $21,150 $4,250 $16,900
2017 $869 $21,150 $4,250 $16,900
2016 $848 $19,400 $0 $0
2014 $848 $19,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2012

    Vanessa Marshall

    BenchMark REALTORS, LLC

    (901) 461-8676

    1 in this area

    30 Total Sales

    Section Image
  • Kathy Newsom

    Buyer's Agent in 2012

    Kathy Newsom

    BenchMark REALTORS, LLC

    (901) 337-6905

    4 in this area

    78 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3252102

Memphis Area Association of REALTORS®

APN: 08-5024-0-0033

Tennessee Shelby County Memphis 38128 Raleigh

4511 Lockwood Cove, Memphis, TN

This home is located at 4511 Lockwood Cove, Memphis, TN 38128 since 17 July 2012 and is currently estimated at $204,079, approximately $113 per square foot. This property was built in 1963. 4511 Lockwood Cove is a home located in Shelby County with nearby schools including Craigmont Middle School, Craigmont High School, and Coleman School.

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