NOT LISTED FOR SALE

5461 Fincastle Cove Memphis, TN 38134

Raleigh Neighborhood

Estimated Value: $150,000 - $188,000

3 Beds
2 Baths
1,200-1,399 Sq Ft
$120/Sq Ft Est. Value

Last Sold September 18, 2015

Last sale price $104,900 $75 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $989/month

4 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • Level Lot
  • Den
  • Partially Carpeted
  • 1-Story Property

About This Home

As of September 2015

PROPERTY CURRENTLY UNDER RENOVATION. NO SHOWINGS. PLEASE CALL LIST AGENT FOR MORE INFO. SEE ATTACHMENTS FOR SCOPE OF WORK. PROPERTY IS RENTED AND TO BE SOLD AS INVESTMENT. PROPERTY OCCUPIED BY TENANT WITH TENANTS RIGHTS.

Last Agent to Sell the Property

Mark Saller

Reedy Group II, LLC License #239921 Listed on: 08/03/2015

Last Buyer's Agent

Mark Saller

Reedy Group II, LLC License #239921 Listed on: 08/03/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $920

Year Built

  • Built in 1976

Lot Details

  • 8,712 Sq Ft Lot
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,303 Sq Ft Home
  • 1-Story Property
  • Den
  • Partially Carpeted
  • Iron Doors

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Blue Ridge Park Blk A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 088057 00023

Home Details

Home Type

Single Family

Est. Annual Taxes

$920

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 735C
  • MAAR Subdivision Name: BLUE RIDGE PARK BLK A
  • List Price Per Sq Ft: 81
  • Number Of Stories: 1
  • Price Per Sq Ft: 80.51
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1303
  • Year Built: 1976
  • 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: Part Carpet
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Den
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 46
  • Acreage: 0.2
  • Lot Size: 75.57/98 X 120.29/140
  • Price Per Acre: 524500

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 088057 00023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2015
Closed on
Sep 18, 2015
Sold by
Memphis Invest Gp
Bought by
Property Renovating Capital Group Llc
Seller's Agent
Mark Saller
Reedy Group II, LLC
Buyer's Agent
Mark Saller
Reedy Group II, LLC
List Price
$104,900
Sold Price
$104,900
Current Estimated Value
$167,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,474
Avg. Annual Appreciation
5.08%
Original Mortgage
$148,350
Outstanding Balance
$34,576
Interest Rate
3.94%
Mortgage Type
Unknown
Estimated Equity
$136,944

Purchase Details

Listed on
Aug 3, 2015
Closed on
Jul 28, 2015
Sold by
Secretary Of Veterans Affairs
Bought by
Memphis Invest Gp
Seller's Agent
Mark Saller
Reedy Group II, LLC
Buyer's Agent
Mark Saller
Reedy Group II, LLC
List Price
$104,900
Sold Price
$104,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,350
Outstanding Balance
$34,576
Interest Rate
3.94%
Mortgage Type
Unknown
Estimated Equity
$136,944

Purchase Details

Closed on
Mar 18, 2015
Sold by
Clapp Jeffrey Stewart and Clapp Ann Marie
Bought by
Secretary Of Veterans Affairs

Purchase Details

Closed on
Jul 31, 1995
Bought by
Clapp Jeffrey S and An Ann M
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
Property Renovating Capital Group Llc $296,700 Attorney
Memphis Invest Gp $52,000 Attorney
Secretary Of Veterans Affairs $51,030 None Available
Clapp Jeffrey S $69,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Property Renovating Capital Group Llc $148,350
Closed Memphis Invest Gp $2,575,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2015 09/18/15 Sold $104,900 0.0% $87 / Sq Ft
08/07/2015 08/07/15 Pending -- -- --
08/03/2015 08/03/15 For Sale $104,900 +101.7% $87 / Sq Ft
07/30/2015 07/30/15 Sold $52,000 -4.6% $43 / Sq Ft
07/09/2015 07/09/15 Pending -- -- --
06/26/2015 06/26/15 For Sale $54,500 -- $45 / 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 $920 $35,525 $6,250 $29,275
2024 $920 $27,150 $5,000 $22,150
2023 $1,654 $27,150 $5,000 $22,150
2022 $1,654 $27,150 $5,000 $22,150
2021 $1,673 $27,150 $5,000 $22,150
2020 $1,208 $16,675 $5,000 $11,675
2019 $1,208 $16,675 $5,000 $11,675
2018 $1,208 $16,675 $5,000 $11,675
2017 $685 $16,675 $5,000 $11,675
2016 $624 $14,275 $0 $0
2014 $624 $15,625 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2015

    Ahmad Muhammad

    M & M Realty, LLC

    Section Image

  • M

    Seller's Agent in 2015

    Mark Saller

    Reedy Group II, LLC

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9958211

Memphis Area Association of REALTORS®

APN: 08-8057-0-0023

Tennessee Shelby County Memphis 38134 Raleigh

5461 Fincastle Cove, Memphis, TN

This home is located at 5461 Fincastle Cove, Memphis, TN 38134 since 03 August 2015 and is currently estimated at $167,374, approximately $119 per square foot. This property was built in 1976. 5461 Fincastle Cove is a home located in Shelby County with nearby schools including Shelby Oaks Elementary School, Kingsbury High School, and Kate Bond Middle School.

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