NOT LISTED FOR SALE

5574 Wheeling Cove Memphis, TN 38119

Colonial Acres Neighborhood

Estimated Value: $270,000 - $338,000

3 Beds
2 Baths
2,000-2,199 Sq Ft
$138/Sq Ft Est. Value

Last Sold February 25, 2021

Last sale price $285,000 $130 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,878/month

49 Days on Market

Highlights

  • Updated Kitchen
  • Wood Flooring
  • Den with Fireplace
  • Traditional Architecture
  • Sun or Florida Room
  • Porch

About This Home

As of February 2021

Adorable home in the heart of East Memphis! Nestled on a quiet cove, this 3 bedroom, 2 bath home features tons of updates including a new roof, new granite countertops in the kitchen and bathrooms, beautiful refinished hardwood floors, oversized bedrooms, a sunroom with an abundance of natural light and back yard to die for.

Last Agent to Sell the Property

Danielle Holland

Reedy & Company, REALTORS License #331914 Listed on: 12/28/2020

Last Buyer's Agent

Dianne Martin

Groome & Co. License #277719

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,818

Year Built

  • Built in 1963

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 50x130
  • Wood Fence
  • Chain Link Fence
  • Landscaped

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 2,000-2,199 Sq Ft Home
  • 1,933 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer
  • Den with Fireplace
  • Sun or Florida Room
  • Attic Access Panel
  • Iron Doors
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Carport
  • Driveway

Outdoor Features

  • Cove
  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan

Community Details

  • Crestwood View Blk B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 067095 00018

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,818

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 759D
  • MAAR Subdivision Name: YORKSHIRE
  • List Price Per Sq Ft: 155
  • Number Of Stories: 1
  • Price Per Sq Ft: 147.44
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1933
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Master Bedroom, 2nd Bedroom, 3rd Bedroom, 4th of More Bedrooms, 2 or More Baths, Laundry Room, Sun Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Renovated Bathroom
  • Estimated Heated Sq Ft Range: 2000-2199
  • Bedroom 2 Description: Level 1, Hardwood Floor
  • Bedroom 3 Description: Level 1, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: In Den/Great Room
  • Floors/Ceilings: Hardwood Throughout, Tile
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Dishwasher
  • Living Dining Kitchen: Separate Living Room, Separate Den, LR/DR Combination, Updated/Renovated Kitchen, Eat-In Kitchen, Pantry
  • Primary Bathroom Description: Tile Floor
  • Master Bedroom: Level 1, Walk-In Closet, Hardwood Floor
  • Master Bedroom Dimensions: 14x12
  • Misc Interior: Walk-In Closet(s), Attic Access, Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Sun Room, Entry Hall
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Porch, Patio, Wood Fence, Chain Fence
  • Exterior Windows: Brick Veneer
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking Display: C2A
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Cove, Landscaped, Wood Fenced
  • Lot Number: 8
  • Acreage: 0.42
  • Lot Size: 50X130
  • Price Per Acre: 714048

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 067095 00018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2020
Closed on
Feb 25, 2021
Sold by
Memphis Investment Properties Ii Llc
Bought by
Salyers Merrie
Seller's Agent
Danielle Holland
Reedy & Company, REALTORS
Buyer's Agent
Dianne Martin
Groome & Co.
List Price
$299,900
Sold Price
$285,000
Premium/Discount to List
-$14,900
-4.97%
Current Estimated Value
$315,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,362
Avg. Annual Appreciation
2.04%
Original Mortgage
$228,000
Outstanding Balance
$205,774
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$106,089

Purchase Details

Closed on
Oct 2, 2020
Sold by
Copeland Mary Kathleen
Bought by
Memphis Investment Proeprties Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Salyers Merrie $285,000 Close Trak Closing & Ttl Svc
Memphis Investment Proeprties Ii Llc $145,000 Delta Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salyers Merrie $228,000
Previous Owner Memphis Investment Proeprties Ii Llc $148,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2021 02/25/21 Sold $285,000 -5.0% $143 / Sq Ft
12/28/2020 12/28/20 For Sale $299,900 -- $150 / 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 $1,818 $79,500 $11,250 $68,250
2024 $1,818 $53,625 $8,650 $44,975
2023 $3,267 $53,625 $8,650 $44,975
2022 $3,267 $53,625 $8,650 $44,975
2021 $3,305 $53,625 $8,650 $44,975
2020 $1,273 $39,825 $8,650 $31,175
2019 $1,273 $39,825 $8,650 $31,175
2018 $1,273 $39,825 $8,650 $31,175
2017 $1,303 $39,825 $8,650 $31,175
2016 $1,631 $37,325 $0 $0
2014 $1,631 $37,325 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Danielle Holland

    Seller's Agent in 2021

    Danielle Holland

    Reedy & Company, REALTORS

    (901) 489-2093

    7 in this area

    227 Total Sales

    Section Image
  • Dianne Martin

    Buyer's Agent in 2021

    Dianne Martin

    Groome & Co.

    (901) 461-9082

    1 in this area

    36 Total Sales

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10090909

Memphis Area Association of REALTORS®

APN: 06-7095-0-0018

Tennessee Shelby County Memphis 38119 Colonial Acres

5574 Wheeling Cove, Memphis, TN

This home is located at 5574 Wheeling Cove, Memphis, TN 38119 since 28 December 2020 and is currently estimated at $303,596, approximately $138 per square foot. This property was built in 1963. 5574 Wheeling Cove is a home located in Shelby County with nearby schools including Sea Isle Elementary School, Colonial Middle, and Overton High.

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