505 Philwood Cove Memphis, TN 38122
Audubon Park Neighborhood
2
Beds
1
Bath
1,000-1,199
Sq Ft
5,227
Sq Ft Lot
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 2023Cute 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
Crye-Leike, Inc., REALTORS License #228148 Listed on: 02/22/2023
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
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
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
Similar Homes in Memphis, TN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $200,000 | Edco Title & Closing Services | |
| Warranty Deed | $91,000 | Realty Title And Escrow Co I | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | $50,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $180,000 | New Conventional | |
| Previous Owner | $79,532 | FHA | |
| Previous Owner | $20,000 | Credit Line Revolving | |
| Previous Owner | $15,000 | Credit Line Revolving | |
| Previous Owner | $66,750 | Unknown | |
| Previous Owner | $5,000 | Credit Line Revolving | |
| Previous Owner | $50,095 | FHA | |
| Closed | $2,500 | No Value Available |
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
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
-
Pam Phillips
P
Seller's Agent in 2023
Pam Phillips
Crye-Leike
(901) 484-2269
3 in this area
23 Total Sales
-
Bethany Owens
B
Buyer's Agent in 2023
Bethany Owens
Keller Williams Realty
(901) 218-4013
1 in this area
46 Total Sales
-
A
Seller's Agent in 2016
Audrey Wood
Crye-Leike
Map
Source: Memphis Area Association of REALTORS®
MLS Number: 10142462
APN: 05-5001-0-0042
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