NOT LISTED FOR SALE

6497 Wells Fields Cove Memphis, TN 38135

Estimated Value: $459,000 - $461,011

5 Beds
3.5 Baths
3,831 Sq Ft
$120/Sq Ft Est. Value

Last Sold August 12, 2021

Last sale price $390,000 $102 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,646/month

35 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Covered Patio or Porch
  • Rivercrest Elementary School Rated A-
  • No HOA
  • Double Oven

About This Home

As of August 2021

Welcome home! Surrounded by beautifully durable vinyl fencing, this 5-bedroom, 3.5 bath is a super spacious sanctuary. The 3-car garage, updated interior facade and relatively new hardwood flooring downstairs begs a look. The versatile game/media room overlooking the family/living room and ample open kitchen boasting granite countertops add both fun and function to this delightful dwelling. ALL kitchen appliances will remain with the property in addition to the outside grills and custom drapes.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,925

Year Built

  • Built in 2006

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 96.85 x 158.48

Parking

  • 3 Car Attached Garage
  • Parking Pad
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Shingle Roof

Interior Spaces

  • Property has 3 Levels
  • Wet Bar
  • Gas Fireplace

Kitchen

  • Double Oven
  • Cooktop
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Double Vanity

Home Security

  • Home Security System
  • Fire and Smoke Detector

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Wellsgate Subdivision

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number B0148R A00022

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,925

Year Built

Built in 2006

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 2006
  • Unit Levels: Three Or More
  • Building Stories: 2
  • Year Built Details: Existing
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Wet Bar, Pantry
  • Appliances: Disposal, Refrigerator, Double Oven, Cooktop, Range, Oven
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Wood, Tile
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Building Area Units: Square Feet
  • Living Area Units: Square Feet

Exterior Features

  • Foundation Details: Slab
  • Patio And Porch Features: Patio, Covered
  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Attached, Parking Pad
  • Total Parking Spaces: 3

Utilities

  • Sewer: Other
  • Water Source: Other
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Security System, Smoke Detector(s)
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.44
  • Lot Size: 96.85 X 158.48
  • Lot Size Units: Acres
  • Parcel #: B0148R A00022
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 3925
  • Tax Lot: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2021
Closed on
Aug 18, 2021
Sold by
Riggs Michael R
Bought by
Khair Mohammed Abul
List Price
$380,000
Sold Price
$390,000
Premium/Discount to List
$10,000
2.63%
Current Estimated Value
$459,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,753
Avg. Annual Appreciation
4.01%
Original Mortgage
$312,000
Outstanding Balance
$283,705
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$176,048

Purchase Details

Closed on
Jul 31, 2006
Sold by
Beazer Homes Corp
Bought by
Lewis Samuel and Lewis Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,760
Interest Rate
6.74%
Mortgage Type
VA

Purchase Details

Closed on
Jun 9, 2006
Sold by
Beazer Homes Corp
Bought by
Riggs Michael R and Riggs Veronica T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,760
Interest Rate
6.74%
Mortgage Type
VA
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
Khair Mohammed Abul $390,000 Sure Title Company Llc
Lewis Samuel $302,262 Fidelity Title & Escrow
Riggs Michael R $300,640 Fidelity Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khair Mohammed Abul $312,000
Previous Owner Lewis Samuel $308,760
Previous Owner Riggs Michael R $270,576
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2021 08/12/21 Sold $390,000 +2.6% $102 / Sq Ft
08/12/2021 08/12/21 Pending -- -- --
07/08/2021 07/08/21 For Sale $380,000 -- $99 / Sq Ft
Source: Realtracs

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 $2,824 $113,900 $23,700 $90,200
2024 $2,824 $83,300 $14,400 $68,900
2023 $4,265 $83,300 $14,400 $68,900
2022 $4,265 $83,300 $14,400 $68,900
2021 $2,874 $83,300 $14,400 $68,900
2020 $3,925 $66,750 $16,575 $50,175
2019 $1,222 $66,750 $16,575 $50,175
2018 $2,703 $66,750 $16,575 $50,175
2017 $3,965 $66,750 $16,575 $50,175
2016 $2,721 $62,275 $0 $0
2014 $2,721 $62,275 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 3023828

Realtracs

APN: B0-148R-A0-0022