NOT LISTED FOR SALE

5656 Encino Cove Unit 4 Memphis, TN 38115

Fox Meadows Neighborhood

Estimated Value: $42,964 - $51,000

2 Beds
2 Baths
100-999 Sq Ft
$47/Sq Ft Est. Value

Last Sold March 24, 2023

Last sale price $43,000 $43 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $293/month

23 Days on Market

About This Home

As of March 2023

This Memphis townhome is a great rental/investment opportunity. It has a prime location, potential for customization, and is perfectly positioned to capitalize on the strong rental market in Memphis. Owner financing is also available for interested investors. Don't miss out on this chance to generate rental income and add value to your investment portfolio!

Last Listed By

DANIEL DEMERS

Sell Your Home Services, LLC License #358681 Listed on: 02/28/2023

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1973

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 24x28

Interior Spaces

  • 100-999 Sq Ft Home
  • 886 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Community Details

  • The Hamlets Subdivision

Listing and Financial Details

  • Assessor Parcel Number 074090 A00056

Home Details

Home Type

Single Family

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MLS Map #: 784B
  • MAAR Subdivision Name: HAMLETS (THE)
  • List Price Per Sq Ft: 51
  • Number Of Stories: 1
  • Price Per Sq Ft: 48.53
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 886
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 100-999
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Full Bathrooms: 2
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Lot Info

  • Lot Number: UNIT 33U
  • Acreage: 0.2
  • Lot Size: 24x28
  • Price Per Acre: 225000

Multi Family

  • Number Of Rooms: 2

Tax Info

  • Assessor Parcel Number: 074090 A00056

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2023
Closed on
Mar 21, 2023
Sold by
Montague Robert J and Montague Linda V
Bought by
Calico Robert
Seller's Agent
DANIEL DEMERS
Sell Your Home Services, LLC
Buyer's Agent
Bernie Klein
KAIZEN Realty, LLC
List Price
$45,000
Sold Price
$43,000
Premium/Discount to List
-$2,000
-4.44%
Total Days on Market
23
Views
69
Current Estimated Value
$46,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,991
Avg. Annual Appreciation
4.19%

Purchase Details

Closed on
May 9, 2005
Sold by
Davis Mary A Costello
Bought by
Montague Robert J and Montague Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,000
Interest Rate
5.8%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 6, 2000
Sold by
Windham Donald C
Bought by
Costello Mary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,200
Interest Rate
8.29%

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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
Calico Robert $42,000 Titan Title Company Llc
Montague Robert J $41,000 Realty Title & Escrow
Costello Mary A $36,000 Fidelity Title & Escrow Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Montague Robert J $38,920
Previous Owner Montague Robert J $41,000
Previous Owner Costello Mary A $34,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2023 03/24/23 Sold $43,000 -4.4% $430 / Sq Ft
02/28/2023 02/28/23 For Sale $45,000 -- $450 / 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 -- $10,200 $1,520 $8,680
2023 $388 $6,375 $950 $5,425
2022 $388 $6,375 $950 $5,425
2021 $393 $6,375 $950 $5,425
2020 $344 $4,750 $950 $3,800
2019 $344 $4,750 $950 $3,800
2018 $344 $4,750 $950 $3,800
2017 $195 $4,750 $950 $3,800
2016 $353 $8,075 $0 $0
2014 $353 $8,075 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2023

    DANIEL DEMERS

    Sell Your Home Services, LLC

    2 in this area

    4,314 Total Sales

    DANIEL DEMERS
    Section Image
  • Bernie Klein

    Buyer's Agent in 2023

    Bernie Klein

    KAIZEN Realty, LLC

    (901) 414-8313

    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10142928

Memphis Area Association of REALTORS®

APN: 07-4090-A0-0056

Tennessee Shelby County Memphis 38115 Fox Meadows

5656 Encino Cove Unit 4, Memphis, TN

Homes for Sale in Memphis, TN

This home is located at 5656 Encino Cove Unit 4, Memphis, TN 38115 since 28 February 2023 and is currently estimated at $46,991, approximately $47 per square foot. This property was built in 1973. 5656 Encino Cove Unit 4 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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Some or all of the listings displayed may not belong to the firm whose website is being visited. Copyright© 2025 Memphis Area Association of REALTORS®.

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