NOT LISTED FOR SALE

4956 Demeter Cove Memphis, TN 38118

Parkway Village Neighborhood

Estimated Value: $138,433 - $178,000

3 Beds
2 Baths
1,200-1,399 Sq Ft
$113/Sq Ft Est. Value

Last Sold April 25, 2018

Last sale price $99,500 $71 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $931/month

14 Days on Market

Highlights

  • Traditional Architecture
  • Tile Flooring
  • Wood Fence
  • Eat-In Kitchen
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of April 2018

Great investment opportunity! This CASHFLOW property has been fully renovated and brought to 2018 standards! Target rent = $995 and professional property management is in place! This brick home features Hardwood floors, updated kitchen and bathrooms, newer working HVAC, and much more!

Last Agent to Sell the Property

James Wachob

Foundation Property Management License #294924 Listed on: 03/02/2018

Foundation Property Management

Co-Listed By

Sean Tagge

Reedy & Company, REALTORS License #342384

Last Buyer's Agent

James Wachob

Foundation Property Management License #294924 Listed on: 03/02/2018

Foundation Property Management

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $655

Year Built

  • Built in 1968

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 71x135
  • Wood Fence
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,348 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway

Additional Features

  • Ground Level
  • Central Heating and Cooling System

Community Details

  • Tamble Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 074037 B00063

Home Details

Home Type

Single Family

Est. Annual Taxes

$655

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Attached Unit Type: First Floor Flat
  • Detached Unit Type: General Residential
  • MLS Map #: 772F
  • MAAR Subdivision Name: TAMBLE TERRACE
  • List Price Per Sq Ft: 74
  • Number Of Stories: 1
  • Price Per Sq Ft: 73.81
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1348
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Eat-In Kitchen
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Wood Fence
  • Exterior Windows: Brick Veneer

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 401
  • Acreage: 0.21
  • Lot Size: 71X135
  • Price Per Acre: 473810

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 074037 B00063

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2018
Closed on
Apr 23, 2018
Sold by
Memphis Investment Rental Properties Llc
Bought by
Healy Jonathan Otis
Seller's Agent
James Wachob
Foundation Property Management
Buyer's Agent
James Wachob
Foundation Property Management
List Price
$99,500
Sold Price
$99,500
Current Estimated Value
$158,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,108
Avg. Annual Appreciation
7.11%
Original Mortgage
$79,600
Outstanding Balance
$69,038
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$95,047

Purchase Details

Closed on
Jan 19, 2018
Sold by
Jbj Properties Llc
Bought by
Mimphis Investment Rental 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
$80,000
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 27, 2017
Sold by
Ma Thoa
Bought by
Jbj 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
$80,000
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 10, 2004
Sold by
Leblanc Paula Ann
Bought by
Ma Thoa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,900
Interest Rate
6.99%
Mortgage Type
Unknown
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
Healy Jonathan Otis $99,500 Delta Title Services Llc
Mimphis Investment Rental Properties Llc -- None Available
Jbj Properties Llc $56,100 None Available
Ma Thoa $94,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Healy Jonathan Otis $79,600
Previous Owner Mimphis Investment Rental Properties Llc $80,000
Previous Owner Ma Thoa $93,100
Previous Owner Ma Thoa $96,440
Previous Owner Ma Thoa $94,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2018 04/25/18 Sold $99,500 0.0% $83 / Sq Ft
03/16/2018 03/16/18 Pending -- -- --
03/02/2018 03/02/18 For Sale $99,500 -- $83 / 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 $655 $33,075 $5,000 $28,075
2024 $655 $19,325 $3,350 $15,975
2023 $1,177 $19,325 $3,350 $15,975
2022 $1,177 $19,325 $3,350 $15,975
2021 $1,191 $19,325 $3,350 $15,975
2020 $1,384 $19,100 $3,350 $15,750
2019 $1,384 $19,100 $3,350 $15,750
2018 $1,384 $19,100 $3,350 $15,750
2017 $785 $19,100 $3,350 $15,750
2016 $795 $18,200 $0 $0
2014 $795 $18,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • James Wachob

    Seller's Agent in 2018

    James Wachob

    Foundation Property Management

    (901) 633-1484

    39 in this area

    612 Total Sales

    Section Image

  • S

    Seller Co-Listing Agent in 2018

    Sean Tagge

    Reedy & Company, REALTORS

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10021481

Memphis Area Association of REALTORS®

APN: 07-4037-B0-0063

Tennessee Shelby County Memphis 38118 Parkway Village

4956 Demeter Cove, Memphis, TN

This home is located at 4956 Demeter Cove, Memphis, TN 38118 since 02 March 2018 and is currently estimated at $158,608, approximately $113 per square foot. This property was built in 1968. 4956 Demeter Cove is a home located in Shelby County with nearby schools including Cromwell Elementary School, Wooddale High School, and Compass Community School Hickory Hill Campus.

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