NOT LISTED FOR SALE

4618 Covington Pike Memphis, TN 38135

Estimated Value: $321,000 - $343,000

4 Beds
3 Baths
2,600-2,799 Sq Ft
$118/Sq Ft Est. Value

Last Sold January 26, 2012

Last sale price $140,000 $50 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $1,934/month

197 Days on Market

Highlights

  • Contemporary Architecture
  • 1 Fireplace
  • Great Room
  • Main Floor Primary Bedroom
  • Separate Formal Living Room
  • 2 Car Attached Garage

About This Home

As of January 2012

This is a preforclosure short sale and subject to bank approval. Home is in great condition, and freshly painted. Sellers are motivated. Will qualify for FHA, THDA, and Shelby County DPA.

Last Agent to Sell the Property

Daryl Lewis

Infinity Group REALTORS, Inc. License #260303 Listed on: 02/16/2010

Last Buyer's Agent

Vatresa Word

Delta Realty Group LLC License #263209

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,839

Year Built

  • Built in 2005

Lot Details

  • 0.26 Acre Lot
  • Level Lot

Home Design

  • Contemporary Architecture

Interior Spaces

  • 2,600-2,799 Sq Ft Home
  • 2,616 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Great Room
  • Separate Formal Living Room
  • Dining Room
  • Wall to Wall Carpet
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • 3 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Side Facing Garage

Utilities

  • Central Heating and Cooling System

Community Details

  • Tulip Creek Subdivision Section B

Listing and Financial Details

  • Assessor Parcel Number D0147P B00007

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,839

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Contemporary
  • Detached Unit Type: General Residential
  • MLS Map #: 733C
  • MAAR Subdivision Name: TULIP CREEK SEC B
  • Number Of Stories: 2
  • Price Per Sq Ft: 53.52
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2616
  • Year Built: 2005
  • Special Features: 12
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down
  • Estimated Heated Sq Ft Range: 2600-2799
  • Bedrooms: 4
  • Bedrooms Down: 1
  • Floors/Ceilings: Wall to Wall Carpet
  • Full Bathrooms: 3
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Great Room, Eat-In Kitchen
  • Number Of Fireplaces: 1
  • Total Bathrooms: 3

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: Side-Load Garage

Utilities

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

Lot Info

  • Lot Description: Level
  • Lot Number: 64
  • Acreage: 0.26
  • Lot Size: 90 X 126.83 IRR

Multi Family

  • Number Of Rooms: 10

Tax Info

  • Assessor Parcel Number: D0147P B00007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2010
Closed on
Jan 26, 2012
Sold by
Smith Kenny and Smith Tasha
Bought by
Cunningham James B and Cunningham And Tanjay L
Seller's Agent
Daryl Lewis
Infinity Group REALTORS, Inc.
Buyer's Agent
Vatresa Word
Delta Realty Group LLC
List Price
$227,000
Sold Price
$140,000
Premium/Discount to List
-$87,000
-38.33%
Current Estimated Value
$326,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,920
Avg. Annual Appreciation
6.41%
Original Mortgage
$136,451
Outstanding Balance
$96,726
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$228,310

Purchase Details

Closed on
Oct 25, 2005
Sold by
Mark Matthews Development Co Llc
Bought by
Smith Kenny and Smith Tasha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,384
Interest Rate
6.87%
Mortgage Type
Fannie Mae Freddie Mac
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
Cunningham James B $140,000 Baymark Title And Escrow Svc
Smith Kenny $211,730 Home Surety Title & Escrow L
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cunningham James B $136,451
Previous Owner Smith Kenny $169,384
Closed Smith Kenny $42,346
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2012 01/26/12 Sold $140,000 -38.3% $54 / Sq Ft
09/01/2010 09/01/10 Pending -- -- --
02/16/2010 02/16/10 For Sale $227,000 -- $87 / 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 $1,839 $77,300 $15,050 $62,250
2024 $1,839 $54,250 $8,750 $45,500
2023 $1,839 $54,250 $8,750 $45,500
2022 $1,839 $54,250 $8,750 $45,500
2021 $1,872 $54,250 $8,750 $45,500
2020 $1,714 $42,325 $8,750 $33,575
2019 $1,714 $42,325 $8,750 $33,575
2018 $1,714 $42,325 $8,750 $33,575
2017 $1,740 $42,325 $8,750 $33,575
2016 $1,672 $38,250 $0 $0
2014 $1,672 $38,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3191366

Memphis Area Association of REALTORS®

APN: D0-147P-B0-0007