NOT LISTED FOR SALE

4731 Ravencrest Cove N Memphis, TN 38135

Estimated Value: $327,000 - $415,000

4 Beds
3.5 Baths
2,600-2,799 Sq Ft
$137/Sq Ft Est. Value

Last Sold January 27, 2014

Last sale price $204,000 $73 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $2,313/month

74 Days on Market

Highlights

  • Water Views
  • Water Access
  • Fireplace in Hearth Room
  • Rivercrest Elementary School Rated A-
  • Community Lake
  • Traditional Architecture

About This Home

As of January 2014

What a fantastic deal! Bank owned. Being re-painted inside and outside! Flower beds have new plants in them! Great floor plan! 4 bedrooms, 3 1/2 baths + expandable bonus room! Enjoy panoramic views of Lake from the covered patio! Move-in ready!

Last Agent to Sell the Property

Molly Phillips

BHHS McLemore & Co. Realty License #259627 Listed on: 10/31/2013

BHHS McLemore & Co. Realty

Last Buyer's Agent

Will Adams

Marx-Bensdorf, REALTORS License #327639

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,383

Year Built

  • Built in 2006

Lot Details

  • 0.29 Acre Lot
  • Landscaped

HOA Fees

  • $25 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,600-2,799 Sq Ft Home
  • 2,700 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Factory Built Fireplace
  • Fireplace in Hearth Room
  • Double Pane Windows
  • Window Treatments
  • Two Story Entrance Foyer
  • Great Room
  • Breakfast Room
  • Dining Room
  • Den with Fireplace
  • 2 Fireplaces
  • Keeping Room
  • Water Views
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Possible Extra Bedroom
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Driveway

Outdoor Features

  • Water Access
  • Cove
  • Covered Patio or Porch

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Cable TV Available

Community Details

  • Ravencrest Pd Phase 3 Subdivision
  • Mandatory home owners association
  • The community has rules related to allowing corporate owners
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number B0148S B00012

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,383

Year Built

Built in 2006

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: DYLAN VALLEY
  • MLS Map #: 852A
  • MAAR Subdivision Name: RAVENCREST PH3
  • Corporate Own: Yes
  • Number Of Stories: 2
  • Price Per Sq Ft: 75.56
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2700
  • Year Built: 2006
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 1 1/2 Bath, Laundry Room, Keeping/Hearth Room, Breakfast Room
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 4th or More Bedrooms, 2 or More Baths
  • Additional Bedroom Bathroom Info: Primary Down, Split Bedroom Plan, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 2600-2799
  • Bedroom 2 Description: Level 2, Carpet
  • Bedroom 3 Description: Level 2, Carpet
  • Bedroom 4 Description: Level 2, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 1
  • Fireplace: Prefabricated, In Den/Great Room, In Keeping/Hearth room
  • Floors/Ceilings: Wall to Wall Carpet, Tile, 9 or more Ft. Ceiling, Two Story Foyer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Dishwasher, Cable Wired, Cable Available
  • Living Dining Kitchen: Separate Dining Room, Great Room, Breakfast Bar, Separate Breakfast Room, Pantry, Keeping/Hearth Room
  • Misc Interior: All Window Treatments, Walk-In Closet(s)
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Room, Internal Expansion Area
  • Total Bathrooms: 3.1
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Carpet

Exterior Features

  • Misc Exterior: Covered Patio
  • Exterior Windows: Brick Veneer, Stone, Double Pane Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Driveway/Pad, Side-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s), Dual System
  • Heating: Central, Dual System
  • Water Sewer: Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 300
  • Neighborhood Amenities: Lake
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Water View, Water Access, Cove, Landscaped
  • Lot Number: 80
  • Acreage: 0.29
  • Keeping Hearth Dimension: 20x14
  • Lot Size: 46.82 X 134 IRR

Multi Family

  • Number Of Rooms: 10

Tax Info

  • Assessor Parcel Number: B0148S B00012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2013
Closed on
Jan 27, 2014
Sold by
Bankplus
Bought by
Olaniyi Ayobamidele
Seller's Agent
Molly Phillips
BHHS McLemore & Co. Realty
Buyer's Agent
Will Adams
Marx-Bensdorf, REALTORS
List Price
$209,900
Sold Price
$204,000
Premium/Discount to List
-$5,900
-2.81%
Current Estimated Value
$383,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,459
Avg. Annual Appreciation
6.19%
Original Mortgage
$200,305
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 20, 2012
Sold by
Dogwood Properties
Bought by
Bankplus

Purchase Details

Closed on
Dec 7, 2007
Sold by
Chamberlain & Mccreery Inc
Bought by
Dogwood Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$632,327
Interest Rate
6.29%
Mortgage Type
Unknown
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
Olaniyi Ayobamidele $204,000 Memphis Title Co
Bankplus $549,795 None Available
Dogwood Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olaniyi Ayobamidele $224,867
Closed Olaniyi Ayobamidele $200,305
Previous Owner Dogwood Properties $650,703
Previous Owner Dogwood Properties Llc $632,327
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2014 01/27/14 Sold $204,000 -2.8% $78 / Sq Ft
01/13/2014 01/13/14 Pending -- -- --
10/31/2013 10/31/13 For Sale $209,900 -- $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 $2,383 $90,850 $20,575 $70,275
2024 $2,383 $70,300 $13,425 $56,875
2023 $3,599 $70,300 $13,425 $56,875
2022 $3,599 $70,300 $13,425 $56,875
2021 $3,656 $70,300 $13,425 $56,875
2020 $3,285 $55,875 $13,425 $42,450
2019 $3,285 $55,875 $13,425 $42,450
2018 $3,285 $55,875 $13,425 $42,450
2017 $2,296 $55,875 $13,425 $42,450
2016 $2,188 $50,075 $0 $0
2014 $2,188 $50,075 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3284795

Memphis Area Association of REALTORS®

APN: B0-148S-B0-0012