NOT LISTED FOR SALE

6344 Mercury Cove Memphis, TN 38134

Estimated Value: $228,437 - $232,000

3 Beds
2 Baths
2,800 Sq Ft
$82/Sq Ft Est. Value

Last Sold May 29, 2015

Last sale price $109,000 $39 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $1,420/month

13 Days on Market

Highlights

  • Traditional Architecture
  • Eat-In Kitchen
  • Partially Carpeted
  • Altruria Elementary School Rated A-
  • Central Heating and Cooling System
  • Level Lot

About This Home

As of May 2015

Excellent investor opportunity! Duplex unit with 2 each 3 bedroom, 2 bath units. Nice area near Stage Rd and Kirby Whitten.

Last Agent to Sell the Property

Glenn Greene

The Stamps Real Estate Company License #328076 Listed on: 04/09/2015

Last Buyer's Agent

Laura Flaniken

Coldwell Banker Collins-Maury License #284894

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,892

Year Built

  • Built in 1974

Lot Details

  • 0.38 Acre Lot
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,800 Sq Ft Home
  • 1-Story Property
  • Partially Carpeted
  • Eat-In Kitchen

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Elmore Park Meadows Revised Sec D Subdivision

Listing and Financial Details

  • Assessor Parcel Number B0157 Y00011C

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,892

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Second Address Number: 3646
  • MLS Map #: 854F
  • MAAR Subdivision Name: ELMORE PARK MEADOWS SEC D
  • Freestanding: Yes
  • List Price Per Sq Ft: 43
  • Number Of Stories: 1
  • Price Per Sq Ft: 38.93
  • Estimated Sq Ft: 2800
  • Year Built: 1974
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Floors/Ceilings: Part Carpet

Exterior Features

  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Cooling: Central Cooling
  • Heating: Central, Gas
  • Hot Water: Gas

Lot Info

  • Lot Description: Level
  • Lot Number: 194
  • Acreage: 0.38
  • Lot Size: 0.382 AC 48.04/159.32X136 0X70.0/11~
  • Price Per Acre: 315526

Rental Info

  • Type Of Leases: Year

Tax Info

  • Assessor Parcel Number: B0157 Y00011C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2017
Sold by
Collier Joyce E
Bought by
Palacios Enrique
Current Estimated Value
$231,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Outstanding Balance
$105,222
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$125,519

Purchase Details

Listed on
Apr 9, 2015
Closed on
May 27, 2015
Sold by
Hodel Don G
Bought by
Collier Joyce E
Seller's Agent
Glenn Greene
The Stamps Real Estate Company
Buyer's Agent
Laura Flaniken
Coldwell Banker Collins-Maury
List Price
$119,900
Sold Price
$109,000
Premium/Discount to List
-$10,900
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.61%

Purchase Details

Closed on
Oct 10, 2008
Sold by
Hodel Don Gregory
Bought by
Basileios3200 Llc

Purchase Details

Closed on
Oct 30, 1998
Sold by
Patton Lynda L
Bought by
Mckelvey Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,949
Interest Rate
6.61%
Mortgage Type
FHA
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
Palacios Enrique $155,000 Close Trak & Title Svcs
Collier Joyce E $109,000 Close Track Closing & Title
Basileios3200 Llc -- None Available
Mckelvey Donna $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palacios Enrique $124,000
Previous Owner Coolier Joyce E $108,500
Previous Owner Mckelvey Donna $99,949
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2015 05/29/15 Sold $109,000 -9.1% $39 / Sq Ft
04/22/2015 04/22/15 Pending -- -- --
04/09/2015 04/09/15 For Sale $119,900 -- $43 / 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 $1,892 $65,125 $12,250 $52,875
2024 $1,892 $36,950 $7,475 $29,475
2023 $1,892 $36,950 $7,475 $29,475
2022 $1,892 $36,950 $7,475 $29,475
2021 $1,921 $36,950 $7,475 $29,475
2020 $1,838 $31,250 $6,550 $24,700
2019 $1,838 $31,250 $6,550 $24,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9949474

Memphis Area Association of REALTORS®

APN: B0-157Y-00-011C