NOT LISTED FOR SALE

55 Wallace Cove Atoka, TN 38004

Estimated Value: $358,925 - $369,000

4 Beds
2 Baths
2,200-2,399 Sq Ft
$152/Sq Ft Est. Value

Last Sold January 27, 2023

Last sale price $339,900 $142 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,118/month

62 Days on Market

Highlights

  • Updated Kitchen
  • Traditional Architecture
  • 1 Fireplace
  • Atoka Elementary School Rated A-
  • Whirlpool Bathtub
  • Eat-In Kitchen

About This Home

As of January 2023

*PRICE ADJUSTMENT* *Seller offering $5000 towards buyer closing expenses with acceptable offer* This beautiful home offers a spacious open floor plan including a large kitchen island perfect for gatherings. With 4 bedrooms and 2 full baths this home has everything you need!! A single level home with ample storage and space for everyone. The patio is perfect for entertaining! Come fall in love with this turn key, less than 2 year old move in ready Atoka home located in Wallace Estates.

Last Agent to Sell the Property

Christy Palmer

BHHS McLemore & Co., Realty License #351425 Listed on: 11/08/2022

BHHS McLemore & Co., Realty

Last Buyer's Agent

Billy Tilson

Crye-Leike, Inc., REALTORS License #357122

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,127

Year Built

  • Built in 2020

Lot Details

  • 0.42 Acre Lot
  • Landscaped

HOA Fees

  • $29 Monthly HOA Fees

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,200-2,399 Sq Ft Home
  • 2,300 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • 1 Fireplace
  • Double Pane Windows
  • Storm Doors
  • Washer and Dryer Hookup

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Double Vanity
  • Whirlpool Bathtub

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Cove
  • Patio

Utilities

  • Central Heating and Cooling System

Community Details

  • Wallace Estates Subdivision
  • Mandatory home owners association

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,127

Year Built

Built in 2020

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional, Ranch
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: WALLACE ESTATES
  • List Price Per Sq Ft: 148
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2300
  • Year Built: 2020
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Split Bedroom Plan, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Full Bath Down
  • Estimated Heated Sq Ft Range: 2200-2399
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Floors/Ceilings: 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Living Dining Kitchen: Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Pantry, Island In Kitchen, Washer/Dryer Connections
  • Number Of Fireplaces: 1

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer, Double Pane Window(s), Storm Door(s)

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad, Garage Door Opener(s), Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Annual Association Fee: 350
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Cove, Landscaped
  • Lot Number: 28
  • Acreage: 0.42
  • Lot Size: .42

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2022
Closed on
Jan 27, 2023
Sold by
Alexander Derrick Jamal
Bought by
May Charles
Seller's Agent
Christy Palmer
BHHS McLemore & Co., Realty
Buyer's Agent
Billy Tilson
Crye-Leike, Inc., REALTORS
List Price
$349,900
Sold Price
$339,900
Premium/Discount to List
-$10,000
-2.86%
Views
102
Current Estimated Value
$363,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,581
Avg. Annual Appreciation
2.46%
Original Mortgage
$322,905
Outstanding Balance
$312,737
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$50,744
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
May Charles $339,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open May Charles $322,905
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/27/2023 01/27/23 Sold $339,900 0.0% $155 / Sq Ft
01/04/2023 01/04/23 Price Changed $339,900 -2.6% $155 / Sq Ft
12/04/2022 12/04/22 Price Changed $349,000 -0.3% $159 / Sq Ft
11/08/2022 11/08/22 For Sale $349,900 +21.9% $159 / Sq Ft
06/01/2021 06/01/21 Sold $286,990 -1.0% $179 / Sq Ft View Prior Sale
05/18/2021 05/18/21 Pending -- -- --
05/18/2021 05/18/21 For Sale $289,990 -- $181 / 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
2024 $2,127 $94,325 $15,300 $79,025
2023 $2,127 $94,325 $15,300 $79,025
2022 $2,032 $66,200 $11,250 $54,950
2021 $0 $66,200 $11,250 $54,950
Source: Public Records

Agents Affiliated with this Home

  • Christy Palmer

    Seller's Agent in 2023

    Christy Palmer

    BHHS McLemore & Co., Realty

    (901) 602-6459

    52 Total Sales

    Christy Palmer
    Section Image

  • B

    Buyer's Agent in 2023

    Billy Tilson

    Crye-Leike, Inc., REALTORS

    Section Image
  • Danielle Kebede

    Seller's Agent in 2021

    Danielle Kebede

    D R Horton Memphis

    (901) 505-9711

    164 Total Sales

    Danielle Kebede
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10137304

Memphis Area Association of REALTORS®

APN: 084127K E 02800

Tennessee Tipton County Atoka 38004

55 Wallace Cove, Atoka, TN

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