NOT LISTED FOR SALE

4612 Knight Cove Memphis, TN 38118

Parkway Village Neighborhood

Estimated Value: $136,000 - $174,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$97/Sq Ft Est. Value

Last Sold July 12, 2022

Last sale price $141,935 $89 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $974/month

Highlights

  • Updated Kitchen
  • Some Wood Windows
  • Tile Flooring
  • Traditional Architecture
  • Living Room
  • Central Heating and Cooling System

About This Home

As of July 2022

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2021 standards! Target rent = $995 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: 10/04/2021

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1961

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 66x165
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,572 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Living Room
  • Dining Room
  • Iron Doors
  • Updated Kitchen

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • Perkins South Blk E Subdivision

Listing and Financial Details

  • Assessor Parcel Number 073071 00058

Home Details

Home Type

Single Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 772E
  • MAAR Subdivision Name: PERKINS SOUTH BLK E
  • List Price Per Sq Ft: 90
  • Number Of Stories: 1
  • Price Per Sq Ft: 90.29
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1572
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • 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: Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 356
  • Acreage: 0.3
  • Lot Size: 66X165
  • Price Per Acre: 471317

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 073071 00058

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2021
Closed on
Jul 12, 2022
Sold by
Memphis Investment Properties Iii Llc
Bought by
Bisht Mahajan Revocable Trust
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$141,395
Sold Price
$141,935
Premium/Discount to List
$540
0.38%
Current Estimated Value
$155,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,699
Avg. Annual Appreciation
3.63%

Purchase Details

Closed on
Sep 13, 2021
Sold by
Sullivan Bonnie
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
$118,000
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 13, 2004
Sold by
Mccomb Edward
Bought by
Hud

Purchase Details

Closed on
Jul 14, 1997
Sold by
Freeman Vicky Ann and Freeman Bobby R
Bought by
Mccomb Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,965
Interest Rate
7.87%
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
Bisht Mahajan Revocable Trust $141,395 Delta Title Services
Memphis Investment Properties Iii Llc $84,000 Closetrak
Hud $76,794 --
Mccomb Edward $68,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Memphis Investment Properties Iii Llc $118,000
Previous Owner Sullivan Billy W $238,467
Previous Owner Sullivan Billy W $10,122
Previous Owner Sullivan Billy W $50,747
Previous Owner Mccomb Edward $66,959
Previous Owner Mccomb Edward $67,965
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2022 07/12/22 Sold $141,935 +0.4% $101 / Sq Ft
10/04/2021 10/04/21 Pending -- -- --
10/04/2021 10/04/21 For Sale $141,395 -- $101 / 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 -- $48,200 $4,250 $43,950
2024 -- $26,275 $3,350 $22,925
2023 $1,601 $26,275 $3,350 $22,925
2022 $1,168 $19,175 $3,350 $15,825
2021 $1,388 $19,175 $3,350 $15,825
2020 $1,177 $16,250 $3,350 $12,900
2019 $519 $16,250 $3,350 $12,900
2018 $519 $16,250 $3,350 $12,900
2017 $532 $16,250 $3,350 $12,900
2016 $689 $15,775 $0 $0
2014 $689 $15,775 $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

    26 in this area

    422 Total Sales

    Jim Reedy
    Section Image

  • B

    Buyer's Agent in 2022

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    26 in this area

    439 Total Sales

    Bradley Reedy
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10110012

Memphis Area Association of REALTORS®

APN: 07-3071-0-0058

Tennessee Shelby County Memphis 38118 Parkway Village

4612 Knight Cove, Memphis, TN

This home is located at 4612 Knight Cove, Memphis, TN 38118 since 04 October 2021 and is currently estimated at $155,634, approximately $97 per square foot. This property was built in 1961. 4612 Knight Cove is a home located in Shelby County with nearby schools including Parkway Village Elementary School, Sheffield High School, and Memphis Merit Academy.

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