NOT LISTED FOR SALE

5583 Gates Cove Unit 44 Memphis, TN 38115

Fox Meadows Neighborhood

Estimated Value: $56,000 - $66,000

2 Beds
2.5 Baths
1,400-1,599 Sq Ft
4,530 Sq Ft Lot

Last Sold March 10, 2022

Last sale price $60,000 $38 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $344/month

Highlights

  • Two Primary Bathrooms
  • Some Wood Windows
  • Tile Flooring
  • Traditional Architecture
  • 1 Car Detached Garage
  • Central Heating and Cooling System

About This Home

As of March 2022

ATTN All INVESTORS! Look at this nice spacious 2 bedroom 2 1/2 bath 2 story condo. Tenant occupied NO Showing! do not disturb tenant. Tenant is month to month. Property being sold AS-IS. upgrades are taken place, under a new association board. upgrade to entry gate, mailbox, security cameras, Potholes filled, New asphalt, repairs to building and carports.

Last Agent to Sell the Property

Juanita Jackson

KAIZEN Realty, LLC License #354647 Listed on: 12/14/2021

Last Buyer's Agent

Juanita Jackson

KAIZEN Realty, LLC License #354647 Listed on: 12/14/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $223

Year Built

  • Built in 1973

Lot Details

  • 4,530

Home Design

  • Traditional Architecture
  • Slab Foundation

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,418 Sq Ft Home
  • 2-Story Property
  • Fireplace Features Masonry
  • Some Wood Windows
  • Dining Room

Flooring

  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Two Primary Bathrooms

Parking

  • 1 Car Detached Garage
  • Assigned Parking

Utilities

  • Central Heating and Cooling System

Community Details

  • Property has a Home Owners Association
  • $310 Maintenance Fee
  • Association fees include management fees
  • Clarke Address Condominiums The 1St Amen Subdivision

Listing and Financial Details

  • Assessor Parcel Number 074089 C00044

Property Details

Home Type

Condominium

Est. Annual Taxes

$223

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • MLS Map #: 7841
  • MAAR Subdivision Name: Clarke Address Condominiums
  • Condo: Yes
  • List Price Per Sq Ft: 46
  • Number Of Stories: 2
  • Price Per Sq Ft: 42.31
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1418
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Up, 2 Full Primary Baths, Half Bath Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 2
  • Fireplace: Masonry
  • Floors/Ceilings: Part Carpet, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Dining Room
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2.1

Exterior Features

  • Exterior Windows: Wood/Composition
  • Foundation: Slab

Garage/Parking

  • Attached Detached Parking: Detached
  • Number Covered Parking Spaces: 1
  • Parking Display: 1D
  • Parking Storage: Assigned Parking

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Condo Fees Include: Management Fees
  • Condominium Association: Yes

Fee Information

  • Monthly Maintenance Fee: 310

Lot Info

  • Lot Size: 80x120/0.22

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 074089 C00044

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2021
Closed on
Mar 10, 2022
Sold by
Carolyn Lawson
Bought by
Jackson Kurtis J
Seller's Agent
Juanita Jackson
KAIZEN Realty, LLC
Buyer's Agent
Juanita Jackson
KAIZEN Realty, LLC
List Price
$65,900
Sold Price
$60,000
Premium/Discount to List
-$5,900
-8.95%
Current Estimated Value
$61,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,132
Avg. Annual Appreciation
0.53%

Purchase Details

Closed on
May 18, 2005
Sold by
Tri State Investment Llc
Bought by
Lawson Oscar

Purchase Details

Closed on
Nov 29, 2004
Sold by
Tennessee Housing Development Agency
Bought by
Hud

Purchase Details

Closed on
Nov 18, 2004
Sold by
Marker Eva Sue
Bought by
Tennessee Housing Development Agency

Purchase Details

Closed on
Apr 19, 1999
Sold by
Marker Eva Sue
Bought by
Marker Eva Sue and Marker Julie A

Purchase Details

Closed on
Oct 7, 1997
Sold by
Robert J Denley Co Inc
Bought by
Marker Eva Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,387
Interest Rate
7.6%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 12, 1995
Bought by
Robert J Denley Co Inc
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
Jackson Kurtis J $60,000 Sure Title
Lawson Oscar -- --
Hud $49,266 --
Tennessee Housing Development Agency $49,266 --
Marker Eva Sue -- --
Marker Eva Sue $49,000 --
Robert J Denley Co Inc $43,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marker Eva Sue $48,387
Closed Marker Eva Sue $3,021
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2022 03/10/22 Sold $60,000 -9.0% $43 / Sq Ft
01/10/2022 01/10/22 Pending -- -- --
12/14/2021 12/14/21 For Sale $65,900 -- $47 / 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 $223 $10,450 $1,125 $9,325
2024 $223 $6,575 $1,125 $5,450
2023 $401 $6,575 $1,125 $5,450
2022 $401 $6,575 $1,125 $5,450
2021 $227 $6,575 $1,125 $5,450
2020 $429 $5,925 $1,125 $4,800
2019 $189 $5,925 $1,125 $4,800
2018 $189 $5,925 $1,125 $4,800
2017 $194 $5,925 $1,125 $4,800
2016 $272 $6,225 $0 $0
2014 $272 $6,225 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Juanita Jackson

    Seller's Agent in 2022

    Juanita Jackson

    KAIZEN Realty, LLC

    (901) 364-3877

    2 in this area

    30 Total Sales

    Juanita Jackson
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10114315

Memphis Area Association of REALTORS®

APN: 07-4089-C0-0044

Tennessee Shelby County Memphis 38115 Fox Meadows

5583 Gates Cove Unit 44, Memphis, TN

This home is located at 5583 Gates Cove Unit 44, Memphis, TN 38115 since 14 December 2021 and is currently estimated at $61,132, approximately $38 per square foot. This property was built in 1973. 5583 Gates Cove Unit 44 is a home located in Shelby County with nearby schools including Fox Meadows Elementary School, Wooddale High School, and Cornerstone Prep School.

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