NOT LISTED FOR SALE

4936 Busy Cove Memphis, TN 38125

Southern Shelby County Neighborhood

Estimated Value: $233,000 - $254,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$151/Sq Ft Est. Value

Last Sold February 21, 2020

Last sale price $164,900 $103 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,393/month

Highlights

  • Updated Kitchen
  • 1 Fireplace
  • Some Wood Windows
  • Traditional Architecture
  • Den
  • Tile Flooring

About This Home

As of February 2020

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2019 standards! Target rent = $1295 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: 01/21/2020

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,365

Year Built

  • Built in 2004

Lot Details

  • 6,970 Sq Ft Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,517 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Some Wood Windows
  • Den
  • Iron Doors
  • Updated Kitchen

Flooring

  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Shelby Woodlands Pd Ph VI Pt Par D & E Subdivision

Listing and Financial Details

  • Assessor Parcel Number D0256T G00006

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,365

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 789C
  • MAAR Subdivision Name: SHELBY WOODLANDS PH6
  • List Price Per Sq Ft: 109
  • Number Of Stories: 1
  • Price Per Sq Ft: 108.7
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1517
  • Year Built: 2004
  • 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, 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, Part Carpet, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Number Of Fireplaces: 1
  • 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
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 348
  • Acreage: 0.16
  • Lot Size: 32.29 X 91.11 (IRR)
  • Price Per Acre: 1030625

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: D0256T G00006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2020
Sold by
Morris James
Bought by
Calm Water Invcestments Llc
Current Estimated Value
$242,098

Purchase Details

Listed on
Jan 21, 2020
Closed on
Feb 20, 2020
Sold by
Memphis Investment Properties Ii Llc
Bought by
Morris James and Morris Nancy
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$164,900
Sold Price
$164,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.88%
Original Mortgage
$131,920
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 21, 2020
Closed on
Jan 3, 2020
Sold by
Nolan Kevin J and Nolan H D
Bought by
Memphis Investment Properties Ii Llc
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$164,900
Sold Price
$164,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,920
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 20, 2011
Closed on
Mar 8, 2012
Sold by
Burton Eddie and Burton Jennifer
Bought by
Nolan Kevin J and Nolan D
Seller's Agent
Sheldon Rosengarten
Marx-Bensdorf, REALTORS
Buyer's Agent
Crystal Mitchell
Crye-Leike Inc., REALTORS
List Price
$139,900
Sold Price
$115,000
Premium/Discount to List
-$24,900
-17.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.63%

Purchase Details

Closed on
Jun 25, 2008
Sold by
Burton Eddie
Bought by
Burton Eddie and Burton Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,680
Interest Rate
5.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2005
Sold by
Bowden Building Corp
Bought by
Burton Eddie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,808
Interest Rate
6%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 1, 2004
Sold by
Shelby Developers Llc
Bought by
Bowden Building Corp
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
Calm Water Invcestments Llc -- None Available
Morris James $164,900 Delta Title Services Llc
Memphis Investment Properties Ii Llc $116,000 Close Trak Closing & Ttl Svc
Nolan Kevin J $115,000 Realty Title & Escrow Llc
Burton Eddie -- First National Financial Tit
Burton Eddie $144,760 --
Bowden Building Corp $32,500 Memphis Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morris James $131,920
Previous Owner Memphis Investment Properties Ii Llc $140,000
Previous Owner Burton Eddie $124,520
Previous Owner Burton Eddie $122,680
Previous Owner Burton Eddie $115,808
Closed Burton Eddie $28,952
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2020 02/21/20 Sold $164,900 0.0% $118 / Sq Ft
01/21/2020 01/21/20 Pending -- -- --
01/21/2020 01/21/20 For Sale $164,900 +43.4% $118 / Sq Ft
03/08/2012 03/08/12 Sold $115,000 -17.8% $72 / Sq Ft
02/11/2012 02/11/12 Pending -- -- --
10/20/2011 10/20/11 For Sale $139,900 -- $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 $1,365 $60,950 $11,500 $49,450
2024 $1,365 $40,275 $8,500 $31,775
2023 $1,365 $40,275 $8,500 $31,775
2022 $1,365 $40,275 $8,500 $31,775
2021 $1,389 $40,275 $8,500 $31,775
2020 $1,130 $27,900 $8,500 $19,400
2019 $1,130 $27,900 $8,500 $19,400
2018 $1,130 $27,900 $8,500 $19,400
2017 $1,147 $27,900 $8,500 $19,400
2016 $1,093 $25,000 $0 $0
2014 $1,093 $25,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Reedy

    Seller's Agent in 2020

    Jim Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    5 in this area

    420 Total Sales

    Jim Reedy
    Section Image

  • B

    Buyer's Agent in 2020

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    5 in this area

    437 Total Sales

    Bradley Reedy
    Section Image
  • Sheldon Rosengarten

    Seller's Agent in 2012

    Sheldon Rosengarten

    Marx-Bensdorf, REALTORS

    (901) 755-5222

    10 in this area

    193 Total Sales

    Sheldon Rosengarten
    Section Image
  • Crystal Mitchell

    Buyer's Agent in 2012

    Crystal Mitchell

    Crye-Leike

    (901) 461-6828

    2 in this area

    47 Total Sales

    Crystal Mitchell
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10069400

Memphis Area Association of REALTORS®

APN: D0-256T-G0-0006

Tennessee Shelby County Memphis 38125 Southern Shelby County

4936 Busy Cove, Memphis, TN

This home is located at 4936 Busy Cove, Memphis, TN 38125 since 21 January 2020 and is currently estimated at $242,098, approximately $151 per square foot. This property was built in 2004. 4936 Busy Cove is a home located in Shelby County with nearby schools including Southwind Elementary School, Highland Oaks Middle School, and Southwind High School.

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