NOT LISTED FOR SALE

Estimated Value: $106,000 - $163,000

5 Beds
2 Baths
1,600-1,799 Sq Ft
$70/Sq Ft Est. Value

Last Sold June 03, 2014

Last sale price $55,000 $31 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $712/month

Highlights

  • Updated Kitchen
  • Separate Formal Living Room
  • Eat-In Kitchen
  • Traditional Architecture
  • Den
  • Tile Flooring

About This Home

As of June 2014

This home is located at 497 Tuton Cove, Memphis, TN 38109 since 21 April 2014 and is currently estimated at $125,333, approximately $78 per square foot. This property was built in 1970. 497 Tuton Cove is a home located in Shelby County with nearby schools including Levi Elementary School, Chickasaw Middle School, and Westwood High School.

Last Agent to Sell the Property

Fredrick Cunningham

Keller Williams License #277550 Listed on: 04/21/2014

Keller Williams

Last Buyer's Agent

Kesha Hamilton

Keller Williams License #320924

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $674

Year Built

  • Built in 1970

Lot Details

  • 4,792

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,707 Sq Ft Home
  • 1-Story Property
  • Popcorn or blown ceiling
  • Aluminum Window Frames
  • Separate Formal Living Room
  • Den
  • Iron Doors
  • Washer and Dryer Hookup

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen

Flooring

  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 4 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Remodeled Bathroom
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater

Additional Features

  • Cove
  • 4,792 Sq Ft Lot

Community Details

  • Westwood Heights 1St Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 075117 00043

Home Details

Home Type

Single Family

Est. Annual Taxes

$674

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: WESTWOOD HEIGHTS 1ST ADD
  • List Price Per Sq Ft: 38
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1707
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Split Bedroom Plan, Renovated Bathroom
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 1, Carpet
  • Bedroom 3 Description: Level 1, Carpet
  • Bedroom 4 Description: Level 1, Carpet
  • Bedroom 5 Description: Level 1, Carpet
  • Bedrooms: 5
  • Bedrooms Down: 4
  • Floors/Ceilings: Part Carpet, Tile, Sprayed Ceiling
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Den, Updated/Renovated Kitchen, Eat-In Kitchen, Washer/Dryer Connections, W/D Connection in Kitchen
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Full Bath, Carpet

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer, Aluminum Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Water Sewer: Electric Water Heater

Lot Info

  • Lot Description: Cove
  • Lot Number: 41
  • Acreage: 0.11
  • Lot Size: .11

Tax Info

  • Assessor Parcel Number: 075117 00043

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2018
Sold by
Cassey Kevin and Cassey Kevin Aka
Bought by
Cassey Real Estate Investments Llc
Current Estimated Value
$125,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,000
Outstanding Balance
$233,611
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$108,278

Purchase Details

Listed on
Apr 21, 2014
Closed on
Jun 3, 2014
Sold by
Investright Now Llc
Bought by
Cassey Kevin
Seller's Agent
Fredrick Cunningham
Keller Williams
Buyer's Agent
Kesha Hamilton
Keller Williams
List Price
$68,900
Sold Price
$55,000
Premium/Discount to List
-$13,900
-20.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.49%

Purchase Details

Listed on
Mar 28, 2013
Closed on
Feb 20, 2014
Sold by
Patton Roy
Bought by
Invest Right Now Llc
Seller's Agent
Sonja Hester
Progressive Realty Services
Buyer's Agent
Leah Douglas-Wooten
Progressive Realty Services
List Price
$18,000
Sold Price
$14,000
Premium/Discount to List
-$4,000
-22.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13151.55%
Original Mortgage
$40,000
Interest Rate
4.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 1, 1998
Sold by
Patton Carolyn
Bought by
Patton Roy

Purchase Details

Closed on
Oct 29, 1997
Sold by
Patton Curtis James
Bought by
Patton Roy and Patton Carolyn

Purchase Details

Closed on
Oct 18, 1997
Sold by
Walls Marie and Newson Catherine
Bought by
Patton Roy and Patton Carolyn
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
Cassey Real Estate Investments Llc -- None Available
Cassey Kevin $55,000 None Available
Invest Right Now Llc $14,000 Preferred Title & Esrow Llc
Patton Roy -- --
Patton Roy -- --
Patton Roy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cassey Real Estate Investments Llc $274,000
Previous Owner Invest Right Now Llc $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/03/2014 06/03/14 Sold $55,000 -20.2% $34 / Sq Ft
05/30/2014 05/30/14 Pending -- -- --
04/21/2014 04/21/14 For Sale $68,900 +392.1% $43 / Sq Ft
02/20/2014 02/20/14 Sold $14,000 -22.2% $10 / Sq Ft View Prior Sale
01/29/2014 01/29/14 Pending -- -- --
03/28/2013 03/28/13 For Sale $18,000 -- $13 / 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 $674 $30,475 $2,475 $28,000
2024 -- $19,875 $2,125 $17,750
2023 $1,211 $19,875 $2,125 $17,750
2022 $1,211 $19,875 $2,125 $17,750
2021 $686 $19,875 $2,125 $17,750
2020 $1,239 $17,100 $2,125 $14,975
2019 $547 $17,100 $2,125 $14,975
2018 $547 $17,100 $2,125 $14,975
2017 $559 $17,100 $2,125 $14,975
2016 $728 $16,650 $0 $0
2014 $728 $16,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9924634

Memphis Area Association of REALTORS®

APN: 07-5117-0-0043