NOT LISTED FOR SALE

4862 Shulman Cove Memphis, TN 38118

Oakhaven Neighborhood

Estimated Value: $97,000 - $147,426

3 Beds
2 Baths
1,171 Sq Ft
$108/Sq Ft Est. Value

Last Sold May 31, 2016

Last sale price $28,000 $24 Per Sq Ft

Est. 353% increase in value since last sale

Current estimated payment $746/month

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • 1-Story Property

About This Home

As of May 2016

Impressive collection of properties being sold by single owner entity. Several desirable areas of Memphis Metro available. All parcels offered as-is/where-is with all faults and no guarantees. Buyer to satisfy due diligence prior to or during inspection period. Seller and his agents offer no knowledge or opinions regarding condition. Offers on multiple listings presented simultaneously encouraged and likely given greatest negotiation position. See full list of properties in attachments.

Last Agent to Sell the Property

George Merryfield

Leco Realty, Inc. License #285635 Listed on: 02/27/2016

Last Buyer's Agent

Alison Restivo

The Restivo Group, REALTORS License #274936

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1976

Lot Details

  • 0.26 Acre Lot

Parking

  • 1 Parking Space

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,171 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Community Details

  • Whitehaven Shelby Subdivision

Listing and Financial Details

  • Assessor Parcel Number 073111 A00109

Home Details

Home Type

Single Family

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 773D
  • MAAR Subdivision Name: WHITEHAVEN-SHELBY
  • List Price Per Sq Ft: 28
  • Number Of Stories: 1
  • Price Per Sq Ft: 23.91
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1171
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: Not Available
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 2
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1

Lot Info

  • Lot Number: 220
  • Acreage: 0.26
  • Lot Size: 0. ACRE
  • Price Per Acre: 125000

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 073111 A00109

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2021
Sold by
Darrell Kevin
Bought by
Mattson Brian
Current Estimated Value
$126,857

Purchase Details

Closed on
Aug 15, 2016
Sold by
Mid South Homebuyer Inc
Bought by
Darrell Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,200
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 27, 2016
Closed on
May 31, 2016
Sold by
Wim Real Estate Investments I Llc
Bought by
Midsouth Homebuyers Inc
Seller's Agent
George Merryfield
Leco Realty, Inc.
Buyer's Agent
Alison Restivo
The Restivo Group, REALTORS
List Price
$32,500
Sold Price
$28,000
Premium/Discount to List
-$4,500
-13.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.11%

Purchase Details

Closed on
Aug 2, 2013
Sold by
Memphis Investments Properties Llc
Bought by
Wim Real Estate Investments Llc

Purchase Details

Closed on
Jul 28, 2006
Sold by
Milton Sonnie
Bought by
Hud

Purchase Details

Closed on
Jun 14, 2006
Sold by
Milton Sonnie
Bought by
Hud

Purchase Details

Closed on
Nov 18, 1999
Sold by
Estes Peralie M
Bought by
Milton Sonnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,186
Interest Rate
7.68%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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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
Mattson Brian $91,900 Saddle Creek Title Llc
Darrell Kevin $74,000 Saddle Creek Title Llc
Midsouth Homebuyers Inc $28,000 Saddle Creek Title
Wim Real Estate Investments Llc $55,312 None Available
Hud $65,169 None Available
Hud $65,169 None Available
Milton Sonnie $66,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Darrell Kevin $59,200
Previous Owner Memphis Investment Properties Llc $52,680
Previous Owner Milton Sonnie $13,000
Previous Owner Milton Sonnie $64,186
Previous Owner Mcgowan Pearlie M $44,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2016 05/31/16 Sold $28,000 -13.8% $24 / Sq Ft
05/15/2016 05/15/16 Pending -- -- --
02/27/2016 02/27/16 For Sale $32,500 -- $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 -- $37,825 $3,125 $34,700
2024 $849 $25,050 $2,500 $22,550
2023 $1,526 $25,050 $2,500 $22,550
2022 $1,526 $25,050 $2,500 $22,550
2021 $864 $25,050 $2,500 $22,550
2020 $1,341 $18,500 $2,500 $16,000
2019 $591 $18,500 $2,500 $16,000
2018 $591 $18,500 $2,500 $16,000
2017 $605 $18,500 $2,500 $16,000
2016 $574 $13,125 $0 $0
2014 $574 $13,125 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2016

    George Merryfield

    Leco Realty, Inc.

    (901) 289-6772

    22 Total Sales

    George Merryfield
    Section Image

  • A

    Buyer's Agent in 2016

    Alison Restivo

    The Restivo Group, REALTORS

    (901) 461-4197

    25 Total Sales

    Alison Restivo
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9971805

Memphis Area Association of REALTORS®

APN: 07-3111-A0-0109

Tennessee Shelby County Memphis 38118 Oakhaven

4862 Shulman Cove, Memphis, TN

This home is located at 4862 Shulman Cove, Memphis, TN 38118 since 27 February 2016 and is currently estimated at $126,857, approximately $108 per square foot. This property was built in 1976. 4862 Shulman Cove is a home located in Shelby County with nearby schools including Oakhaven Elementary School, Oakhaven Middle School, and Oakhaven High School.

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