NOT LISTED FOR SALE

462 Ferncliff Cove Memphis, TN 38127

Estimated Value: $115,000 - $122,910

3 Beds
2 Baths
985 Sq Ft
$121/Sq Ft Est. Value

Last Sold April 06, 2022

Last sale price $124,900 $127 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $680/month

Highlights

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

About This Home

As of April 2022

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2021 standards! Target rent = $825 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: 01/24/2022

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $529

Year Built

  • Built in 1996

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 38x96
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 985 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Den
  • 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

  • Northaven Rev Sec F Subdivision

Listing and Financial Details

  • Assessor Parcel Number D0134 O00021

Home Details

Home Type

Single Family

Est. Annual Taxes

$529

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 722A
  • MAAR Subdivision Name: NORTHAVEN SEC F
  • List Price Per Sq Ft: 127
  • Number Of Stories: 1
  • Price Per Sq Ft: 126.8
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 985
  • Year Built: 1996
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 0-999
  • 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: Level
  • Lot Number: 315
  • Acreage: 0.08
  • Lot Size: 38X96
  • Price Per Acre: 1561250

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: D0134 O00021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2022
Closed on
Apr 4, 2022
Sold by
Memphis Investment Properties Iii Llc
Bought by
Pluchino Gary Anthony and Peterson Randy
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$124,900
Sold Price
$124,900
Current Estimated Value
$119,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,422
Avg. Annual Appreciation
-1.26%
Original Mortgage
$86,181
Outstanding Balance
$80,638
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$38,840

Purchase Details

Listed on
Dec 10, 2021
Closed on
Jan 10, 2022
Sold by
Bright Chris Ann
Bought by
Memphis Investment Properties Iii Llc
Seller's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
Buyer's Agent
Penny Rash
Assured Real Estate Services
List Price
$80,000
Sold Price
$60,000
Premium/Discount to List
-$20,000
-25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2021.84%
Original Mortgage
$88,000
Interest Rate
3.05%
Mortgage Type
Purchase Money Mortgage
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
Pluchino Gary Anthony $124,900 Delta Title Services
Memphis Investment Properties Iii Llc $62,000 Delta Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pluchino Gary Anthony $86,181
Previous Owner Memphis Investment Properties Iii Llc $88,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/06/2022 04/06/22 Sold $124,900 0.0% $127 / Sq Ft
01/24/2022 01/24/22 Pending -- -- --
01/24/2022 01/24/22 For Sale $124,900 +108.2% $127 / Sq Ft
01/10/2022 01/10/22 Sold $60,000 -25.0% $61 / Sq Ft View Prior Sale
12/10/2021 12/10/21 For Sale $80,000 -- $81 / 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 $529 $28,275 $2,000 $26,275
2024 $529 $15,600 $1,475 $14,125
2023 $529 $15,600 $1,475 $14,125
2022 $397 $11,725 $1,475 $10,250
2021 $405 $11,725 $1,475 $10,250
2020 $367 $9,050 $1,475 $7,575
2019 $367 $9,050 $1,475 $7,575
2018 $367 $9,050 $1,475 $7,575
2017 $372 $9,050 $1,475 $7,575
2016 $452 $10,350 $0 $0
2014 $452 $10,350 $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

    414 Total Sales

    Jim Reedy
    Section Image

  • N

    Seller's Agent in 2022

    NON-MLS NON-BOARD AGENT

    NON-MLS OR NON-BOARD OFFICE

  • B

    Buyer's Agent in 2022

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    431 Total Sales

    Bradley Reedy
    Section Image

  • P

    Buyer's Agent in 2022

    Penny Rash

    Assured Real Estate Services

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10116298

Memphis Area Association of REALTORS®

APN: D0-134-O-00021

Tennessee Shelby County Memphis 38127

462 Ferncliff Cove, Memphis, TN

This home is located at 462 Ferncliff Cove, Memphis, TN 38127 since 24 January 2022 and is currently estimated at $119,478, approximately $121 per square foot. This property was built in 1996. 462 Ferncliff Cove is a home located in Shelby County with nearby schools including Northaven Elementary School, Woodstock Middle School, and Trezevant High School.

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