NOT LISTED FOR SALE

505 Philwood Cove Memphis, TN 38122

Audubon Park Neighborhood

Estimated Value: $210,000 - $239,000

2 Beds
1 Bath
1,000-1,199 Sq Ft
$186/Sq Ft Est. Value

Last Sold July 07, 2023

Last sale price $200,000 $167 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,376/month

110 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Some Wood Windows
  • White Station High Rated A
  • Sun or Florida Room
  • 1 Car Attached Garage

About This Home

As of July 2023

Cute little bungalow! Features 3 bedrooms, one updated bathroom, nice size den on back and a screened porch/patio! Brick & vinyl for easy maintenance. Refrigerator, stove and washer to stay AS IS. Large back yard with storage building! Come check it out! Reduced!!

Last Agent to Sell the Property

Pam Phillips

Crye-Leike, Inc., REALTORS License #228148 Listed on: 02/22/2023

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Bethany Owens

Keller Williams Realty License #300148

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,707

Year Built

  • Built in 1950

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 36x147
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,196 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Some Wood Windows
  • Window Treatments
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Screened Porch
  • Storage Room
  • Washer
  • Wood Flooring
  • Attic Access Panel

Kitchen

  • Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms | 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Attached Garage
  • Driveway

Outdoor Features

  • Cove
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • 220 Volts
  • Cable TV Available

Community Details

  • Sharon 1St Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 055001 00042

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,707

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 755A
  • MAAR Subdivision Name: HIGH POINT TERRACE
  • List Price Per Sq Ft: 171
  • Number Of Stories: 1
  • Price Per Sq Ft: 167.22
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1196
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 2
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Refrigerator, Washer, Cable Wired
  • Living Dining Kitchen: LR/DR Combination, Washer/Dryer Connections
  • Misc Interior: All Window Treatments, Attic Access
  • Other Rooms: Sun Room
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Storage Building, Screen Porch, Sidewalks
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Number Covered Parking Spaces: 1
  • Parking Display: 1A
  • Parking Storage: Driveway/Pad, Storage Room(s)

Utilities

  • Cooling: Central, Ceiling Fan(s), 220 Wiring
  • Heating: Central, Gas
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level, Cove
  • Lot Number: 27
  • Acreage: 0.12
  • Lot Size: 36X147
  • Price Per Acre: 1708333

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 055001 00042

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2023
Closed on
Jul 7, 2023
Sold by
Lee Tommy
Bought by
Oreilly Brendan and Oreilly Carla
Seller's Agent
Pam Phillips
Crye-Leike, Inc., REALTORS
Buyer's Agent
Bethany Owens
Keller Williams Realty
List Price
$220,000
Sold Price
$200,000
Premium/Discount to List
-$20,000
-9.09%
Views
120
Current Estimated Value
$222,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,756
Avg. Annual Appreciation
5.67%
Original Mortgage
$180,000
Outstanding Balance
$176,408
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$47,426

Purchase Details

Listed on
Dec 16, 2015
Closed on
May 17, 2016
Sold by
Brown Jason R
Bought by
Lee Tommy
Seller's Agent
Audrey Wood
Crye-Leike, Inc., REALTORS
Buyer's Agent
Pam Phillips
Crye-Leike, Inc., REALTORS
List Price
$105,000
Sold Price
$81,000
Premium/Discount to List
-$24,000
-22.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.52%
Original Mortgage
$79,532
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
May 25, 2015
Sold by
Brown Jason R and Brown Brady L
Bought by
Brown Jason R

Purchase Details

Closed on
Nov 19, 1999
Sold by
Brown Erma
Bought by
Brown Jason R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,095
Interest Rate
7.94%
Mortgage Type
FHA
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
Oreilly Brendan $200,000 Edco Title & Closing Services
Lee Tommy $91,000 Realty Title And Escrow Co I
Brown Jason R -- None Available
Brown Jason R $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oreilly Brendan $180,000
Previous Owner Lee Tommy $79,532
Previous Owner Brown Jason $20,000
Previous Owner Brown Jason R $15,000
Previous Owner Brown Jason R $66,750
Previous Owner Brown Jason R $5,000
Previous Owner Brown Jason R $50,095
Closed Brown Jason R $2,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2023 07/07/23 Sold $200,000 -2.4% $200 / Sq Ft
05/31/2023 05/31/23 Price Changed $205,000 -6.8% $205 / Sq Ft
02/22/2023 02/22/23 For Sale $220,000 +171.6% $220 / Sq Ft
05/20/2016 05/20/16 Sold $81,000 -22.9% $68 / Sq Ft
04/23/2016 04/23/16 Pending -- -- --
12/16/2015 12/16/15 For Sale $105,000 -- $88 / 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 $1,707 $52,225 $12,075 $40,150
2024 $1,707 $50,350 $8,050 $42,300
2023 $3,067 $50,350 $8,050 $42,300
2022 $3,067 $50,350 $8,050 $42,300
2021 $3,103 $50,350 $8,050 $42,300
2020 $2,277 $31,425 $8,050 $23,375
2019 $2,277 $31,425 $8,050 $23,375
2018 $2,277 $31,425 $8,050 $23,375
2017 $1,292 $31,425 $8,050 $23,375
2016 $1,265 $28,950 $0 $0
2014 $1,265 $28,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2023

    Pam Phillips

    Crye-Leike

    (901) 484-2269

    3 in this area

    23 Total Sales

    Pam Phillips
    Section Image

  • B

    Buyer's Agent in 2023

    Bethany Owens

    Keller Williams Realty

    (901) 218-4013

    1 in this area

    46 Total Sales

    Bethany Owens
    Section Image

  • A

    Seller's Agent in 2016

    Audrey Wood

    Crye-Leike

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10142462

Memphis Area Association of REALTORS®

APN: 05-5001-0-0042

Tennessee Shelby County Memphis 38122 Audubon Park

505 Philwood Cove, Memphis, TN

This home is located at 505 Philwood Cove, Memphis, TN 38122 since 22 February 2023 and is currently estimated at $222,756, approximately $185 per square foot. This property was built in 1950. 505 Philwood Cove is a home located in Shelby County with nearby schools including Grahamwood Elementary School, White Station High, and White Station Middle.

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