NOT LISTED FOR SALE

6847 Sauterne Cove Memphis, TN 38115

Hickory Hill Neighborhood

Estimated Value: $177,941 - $190,000

3 Beds
2 Baths
1,200-1,399 Sq Ft
$131/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $135,000 $96 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,091/month

11 Days on Market

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Some Wood Windows
  • Wood Flooring
  • Separate Formal Living Room
  • Central Heating and Cooling System

About This Home

As of January 2021

GREAT INVESTMENT OPPORTUNITY. TENANT OCCUPIED CASHFLOWING PROPERTY RENTED FOR $1,092/MONTH. LEASE ENDS 03/2021 - TENANTS RIGHTS NO SHOWINGS. SELLER ACCEPTING SUBJECT TO INSPECTION OFFERS ONLY. IF ACCEPTED ,THEN WE WILL GET BUYER IN FOR INSPECTIONS AND APPRAISALS. FEEL FREE TO CALL. SEE ATTACHED STATE FORMS IN MLS DOCUMENT TAB THIS IS A REEDY & CO MANAGED PROPERTY WITH POSITIVE CASHFLOW. EXCELLENT FOR AN INVESTOR THAT WANTS AN ALREADY PERFORMING ASSET. .

Last Agent to Sell the Property

Mark Saller

Reedy Group II, LLC License #239921 Listed on: 12/18/2020

Last Buyer's Agent

Mark Saller

Reedy Group II, LLC License #239921 Listed on: 12/18/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,157

Year Built

  • Built in 1982

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 76x110
  • Wood Fence

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,373 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Some Wood Windows
  • Separate Formal Living Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • Rosswood Village Sec F Subdivision

Listing and Financial Details

  • Assessor Parcel Number 093513 C00021

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,157

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 786C
  • MAAR Subdivision Name: ROSSWOOD VILLAGE SEC F
  • List Price Per Sq Ft: 91
  • Number Of Stories: 1
  • Price Per Sq Ft: 98.32
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1373
  • Year Built: 1982
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Wood Fence
  • Exterior Windows: Wood/Composition
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Wood Fenced
  • Lot Number: 224
  • Acreage: 0.19
  • Lot Size: 76X110
  • Price Per Acre: 657895

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 093513 C00021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2020
Closed on
Jan 29, 2021
Sold by
F & M Holdings Tn Llc
Bought by
Alvarez Jose L
Seller's Agent
Mark Saller
Reedy Group II, LLC
Buyer's Agent
Mark Saller
Reedy Group II, LLC
List Price
$125,000
Sold Price
$135,000
Premium/Discount to List
$10,000
8%
Current Estimated Value
$182,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,985
Avg. Annual Appreciation
6.71%
Original Mortgage
$121,500
Interest Rate
2.9%
Mortgage Type
Stand Alone Second

Purchase Details

Listed on
Jan 21, 2019
Closed on
Jan 11, 2019
Sold by
Memphis Investment Rental Properties Llc
Bought by
F & M Holdings Tn Llc
Seller's Agent
Chris Throneburg
Progress Residential Property
Buyer's Agent
Chris Throneburg
Progress Residential Property
Sold Price
$1,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.04%

Purchase Details

Closed on
Nov 7, 2018
Sold by
Underwood Cynthia Renee Nelson and Underwood Stephen Kyle
Bought by
Memphis Investment Rental Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
4.7%
Mortgage Type
Purchase Money Mortgage
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
Alvarez Jose L $135,000 None Available
F & M Holdings Tn Llc $115,000 Delta Title Services Llc
Memphis Investment Rental Properties Llc $65,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alvarez Jose L $121,500
Previous Owner Memphis Investment Rental Properties Llc $95,000
Previous Owner Frueh Carolyn D $63,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $135,000 +8.0% $113 / Sq Ft
12/29/2020 12/29/20 Pending -- -- --
12/18/2020 12/18/20 For Sale $125,000 0.0% $104 / Sq Ft
02/13/2019 02/13/19 Rented $1,110 0.0% --
01/21/2019 01/21/19 For Rent $1,110 0.0% --
01/14/2019 01/14/19 Sold $117,500 +2.2% $98 / Sq Ft
11/28/2018 11/28/18 Pending -- -- --
11/28/2018 11/28/18 For Sale $115,000 -- $96 / 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 $1,157 $41,050 $4,875 $36,175
2024 $1,157 $34,125 $4,250 $29,875
2023 $2,079 $34,125 $4,250 $29,875
2022 $2,079 $34,125 $4,250 $29,875
2021 $2,103 $34,125 $4,250 $29,875
2020 $1,424 $19,650 $4,250 $15,400
2019 $628 $19,650 $4,250 $15,400
2018 $628 $19,650 $4,250 $15,400
2017 $643 $19,650 $4,250 $15,400
2016 $793 $18,150 $0 $0
2014 $793 $18,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Mark Saller

    Reedy Group II, LLC

    Section Image

  • C

    Seller's Agent in 2019

    Chris Throneburg

    Progress Residential Property

  • James Wachob

    Seller's Agent in 2019

    James Wachob

    Foundation Property Management

    (901) 633-1484

    17 in this area

    622 Total Sales

    James Wachob
    Section Image

  • M

    Buyer's Agent in 2019

    Mark Hart

    Reedy & Company, REALTORS

    (901) 800-6693

    5 in this area

    93 Total Sales

    Mark Hart
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10090590

Memphis Area Association of REALTORS®

APN: 09-3513-C0-0021

Tennessee Shelby County Memphis 38115 Hickory Hill

6847 Sauterne Cove, Memphis, TN

This home is located at 6847 Sauterne Cove, Memphis, TN 38115 since 18 December 2020 and is currently estimated at $182,985, approximately $130 per square foot. This property was built in 1982. 6847 Sauterne Cove is a home located in Shelby County with nearby schools including Belle Forest Community School, Kirby High School, and East Academy.

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