NOT LISTED FOR SALE

5088 Waters Edge Cove N Memphis, TN 38141

Hickory Hill Neighborhood

Estimated Value: $245,000 - $295,000

3 Beds
2 Baths
2,200-2,399 Sq Ft
$115/Sq Ft Est. Value

Last Sold July 15, 2019

Last sale price $190,000 $79 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,624/month

Highlights

  • Water Access
  • Updated Kitchen
  • Community Lake
  • Sitting Area In Primary Bedroom
  • Landscaped Professionally
  • Vaulted Ceiling

About This Home

As of July 2019

Looking for beauty and luxury living! Well, here it is!!! This newly renovated home has it all! Great room w/fireplace, beautiful dining room, updated kitchen, spacious master bedroom w/sitting area, new carpet, new tile, and new laminate flooring! This is a MUST See!!!

Last Agent to Sell the Property

Annette Gray

C21 Patterson & Assoc. Real Es License #344174 Listed on: 06/01/2019

C21 Patterson & Assoc. Real Es

Last Buyer's Agent

Tiffany Lawrence

KAIZEN Realty, LLC License #344192

KAIZEN Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,844

Year Built

  • Built in 1990

Lot Details

  • 0.28 Acre Lot
  • Wood Fence
  • Landscaped Professionally
  • Corner Lot
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,200-2,399 Sq Ft Home
  • 2,304 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Aluminum Window Frames
  • Entrance Foyer
  • Great Room
  • Breakfast Room
  • Dining Room
  • Den with Fireplace
  • Bonus Room
  • Storage Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Dishwasher
  • Disposal

Flooring

  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Attic

  • Attic Access Panel
  • Pull Down Stairs to Attic

Home Security

  • Monitored
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • Driveway

Outdoor Features

  • Water Access
  • Cove

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Vented Exhaust Fan
  • 220 Volts
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number D0255M L00050

Community Details

Overview

  • The Village Of Lake Point Subdivision
  • Mandatory Home Owners Association
  • Community Lake

Recreation

  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,844

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 789B
  • MAAR Subdivision Name: LAKE POINT (THE VILLAGE OF)
  • List Price Per Sq Ft: 81
  • Number Of Stories: 1
  • Price Per Sq Ft: 82.47
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2304
  • Year Built: 1990
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 4th of More Bedrooms, 2 or More Baths, Laundry Room, Breakfast Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Split Bedroom Plan, Renovated Bathroom, Double Vanity Bath, Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 2200-2399
  • Bedroom 2 Description: Level 1, Walk-In Closet, Vaulted/Coffered Ceilings, Carpet
  • Bedroom 3 Description: Level 1, Walk-In Closet, Shared Bath, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Masonry, Vented Gas Fireplace, In Den/Great Room, Gas Logs
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet, Tile, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Continuous Cleaning Oven, Self Cleaning Oven, Disposal, Dishwasher, Cable Wired, Cable Available
  • Living Dining Kitchen: Separate Dining Room, Great Room, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Separate Breakfast Room, Pantry, Washer/Dryer Connections
  • Misc Interior: Walk-In Closet(s), Pull Down Attic Stairs, Attic Access, Security System, Smoke Detector(s), Monitored Alarm, Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Bonus Room, Entry Hall, Attic, Storage Room
  • Total Bathrooms: 2
  • Primary Bathroom Description: Double Sinks, Separate Shower, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Sitting Area, Vaulted/Coffered Ceiling, Carpet

Exterior Features

  • Misc Exterior: Well Landscaped Grounds, Wood Fence
  • Exterior Windows: Brick Veneer, Vinyl Siding, Aluminum Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad, Storage Room(s)

Utilities

  • Cooling: Central, Ceiling Fan(s), Dual System, 220 Wiring
  • Heating: Central, Gas, Electric
  • Security: Monitored Alarm System, Smoke Detector(s), Dead Bolt Lock(s)
  • Water Sewer: Electric Water Heater, Public Water, Public Sewer

Association/Amenities

  • Neighborhood Amenities: Lake, Tennis Court, Recreation Facilities
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Level, Water Access, Cove, Corner, Landscaped, Professionally Landscaped, Wood Fenced
  • Lot Number: 50
  • Acreage: 0.28
  • Lot Size: 12216SF 89.64/95X130/124.64
  • Price Per Acre: 663929

Multi Family

  • Number Of Rooms: 9

Tax Info

  • Assessor Parcel Number: D0255M L00050

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2019
Closed on
Jul 15, 2019
Sold by
Caprice Denise Investments Llc
Bought by
Moody Tawanna S
Seller's Agent
Annette Gray
C21 Patterson & Assoc. Real Es
Buyer's Agent
Tiffany Lawrence
KAIZEN Realty, LLC
List Price
$185,900
Sold Price
$190,000
Premium/Discount to List
$4,100
2.21%
Current Estimated Value
$276,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,163
Avg. Annual Appreciation
6.18%
Original Mortgage
$185,600
Outstanding Balance
$162,602
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$113,561

Purchase Details

Listed on
Dec 11, 2018
Closed on
Jan 15, 2019
Sold by
Mcclendon Michael W and Mcclendon Steven A
Bought by
Caprice Denise Investments Llc
Seller's Agent
Jim Forsythe
eXp Realty, LLC
Buyer's Agent
Bruce Milner
eXp Realty, LLC
List Price
$135,000
Sold Price
$105,000
Premium/Discount to List
-$30,000
-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
227.44%

Purchase Details

Listed on
Dec 11, 2018
Closed on
Nov 30, 2018
Sold by
Mcclendon Steven A
Bought by
Mclendon Michael W and Mclendon Carol L
Seller's Agent
Jim Forsythe
eXp Realty, LLC
Buyer's Agent
Bruce Milner
eXp Realty, LLC
List Price
$135,000
Sold Price
$105,000
Premium/Discount to List
-$30,000
-22.22%

Purchase Details

Closed on
Jan 20, 2006
Sold by
Merritt Clifford W and Merritt Jacqueline
Bought by
Mcclendon Steven A and Merritt Family Trust

Purchase Details

Closed on
Dec 5, 1994
Bought by
Merritt Clifford W and Merritt Jacqu
Source: Public Records

Range of Values:

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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
Moody Tawanna S $190,000 Home Surety T&E Llc
Caprice Denise Investments Llc $105,000 None Available
Mcclendon Sean M -- None Available
Mclendon Michael W -- None Available
Mcclendon Steven A -- None Available
Merritt Clifford W $116,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moody Tawanna S $185,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/15/2019 07/15/19 Sold $190,000 +2.2% $86 / Sq Ft
07/12/2019 07/12/19 Pending -- -- --
06/01/2019 06/01/19 For Sale $185,900 +77.0% $85 / Sq Ft
01/15/2019 01/15/19 Sold $105,000 -22.2% $48 / Sq Ft View Prior Sale
12/11/2018 12/11/18 For Sale $135,000 -- $61 / 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 $1,844 $73,400 $12,600 $60,800
2024 $1,844 $54,400 $6,850 $47,550
2023 $1,844 $54,400 $6,850 $47,550
2022 $1,844 $54,400 $6,850 $47,550
2021 $1,877 $54,400 $6,850 $47,550
2020 $1,319 $32,575 $6,850 $25,725
2019 $0 $32,575 $6,850 $25,725
2018 $1,319 $32,575 $6,850 $25,725
2017 $1,339 $32,575 $6,850 $25,725
2016 $1,428 $32,675 $0 $0
2014 $1,428 $32,675 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10053992

Memphis Area Association of REALTORS®

APN: D0-255M-L0-0050