NOT LISTED FOR SALE

5984 Mapletree Cove Memphis, TN 38141

Parkway Village Neighborhood

Estimated Value: $131,000 - $154,687

3 Beds
2 Baths
1,400-1,599 Sq Ft
$87/Sq Ft Est. Value

Last Sold April 30, 2018

Last sale price $76,000 $48 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $851/month

Highlights

  • Traditional Architecture
  • Tile Flooring
  • Wood Fence
  • Eat-In Kitchen
  • Central Heating and Cooling System

About This Home

As of April 2018

Great investment opportunity! This CASHFLOW property has been fully renovated and brought to 2018 standards! Target rent = $795 and professional property management is in place! This brick home features Hardwood floors, updated kitchen and bathrooms, newer working HVAC, and much more!

Last Agent to Sell the Property

James Wachob

Foundation Property Management License #294924 Listed on: 03/19/2018

Foundation Property Management

Co-Listed By

Sean Tagge

Reedy & Company, REALTORS License #342384

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988

Lot Details

  • 7,841 Sq Ft Lot
  • Wood Fence
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,544 Sq Ft Home
  • 1.5-Story Property
  • Tile Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Ground Level
  • Central Heating and Cooling System

Community Details

  • Hickory Grove Phase 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 093406 H00006

Home Details

Home Type

Single Family

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Attached Unit Type: First Floor Flat
  • Detached Unit Type: General Residential
  • MLS Map #: 785D
  • MAAR Subdivision Name: HICKORY GROVE PH2
  • List Price Per Sq Ft: 49
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 49.22
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1544
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Eat-In Kitchen
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Wood Fence
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 51
  • Acreage: 0.18
  • Lot Size: 8176SF 17.41/87.76+16.14X173.82/ ~
  • Price Per Acre: 422222

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 093406 H00006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2018
Closed on
Apr 30, 2018
Sold by
Memphis Investment Rental Properties Llc
Bought by
Daniel Mark T
Seller's Agent
James Wachob
Foundation Property Management
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$76,000
Sold Price
$76,000
Current Estimated Value
$139,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,172
Avg. Annual Appreciation
8.42%

Purchase Details

Closed on
Feb 23, 2018
Sold by
Pacific Northwest Investments Llc
Bought by
Memphis Investments Rentals Properties L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
3.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 27, 2014
Sold by
New Castle Property Group Llc
Bought by
Pacific Northwest Investments Llc

Purchase Details

Closed on
Apr 23, 2013
Sold by
Residential Fund Manager 321 Llc
Bought by
New Castle Property Group Llc

Purchase Details

Closed on
Oct 5, 2010
Sold by
Mote Michael D and Mote Stacy D
Bought by
Residential Fund Manager 321 Llc
Source: Public Records

Range of Values:

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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
Daniel Mark T $76,000 Delta Title Services Llc
Memphis Investments Rentals Properties L $30,000 Delta Title Services Llc
Pacific Northwest Investments Llc $15,566 None Available
New Castle Property Group Llc -- None Available
Residential Fund Manager 321 Llc $10,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Memphis Investments Rentals Properties L $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2018 04/30/18 Sold $76,000 0.0% $54 / Sq Ft
04/06/2018 04/06/18 Pending -- -- --
03/19/2018 03/19/18 For Sale $76,000 -- $54 / 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 -- $40,550 $4,125 $36,425
2024 -- $22,550 $3,000 $19,550
2023 $1,374 $22,550 $3,000 $19,550
2022 $1,374 $22,550 $3,000 $19,550
2021 $612 $22,550 $3,000 $19,550
2020 $1,094 $15,100 $3,000 $12,100
2019 $483 $15,100 $3,000 $12,100
2018 $483 $15,100 $3,000 $12,100
2017 $494 $15,100 $3,000 $12,100
2016 $633 $14,475 $0 $0
2014 $633 $14,475 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • James Wachob

    Seller's Agent in 2018

    James Wachob

    Foundation Property Management

    (901) 633-1484

    41 in this area

    638 Total Sales

    James Wachob
    Section Image

  • S

    Seller Co-Listing Agent in 2018

    Sean Tagge

    Reedy & Company, REALTORS

    Section Image

  • B

    Buyer's Agent in 2018

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    26 in this area

    421 Total Sales

    Bradley Reedy
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10022747

Memphis Area Association of REALTORS®

APN: 09-3406-H0-0006

Tennessee Shelby County Memphis 38115 Parkway Village

5984 Mapletree Cove, Memphis, TN

This home is located at 5984 Mapletree Cove, Memphis, TN 38141 since 19 March 2018 and is currently estimated at $139,172, approximately $87 per square foot. This property was built in 1988. 5984 Mapletree Cove is a home located in Shelby County with nearby schools including Crump Elementary School, Kirby High School, and Compass Community School Hickory Hill Campus.

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