NOT LISTED FOR SALE

6948 Bishops Valley Cove Memphis, TN 38135

Estimated Value: $393,000 - $468,000

5 Beds
3 Baths
2,630 Sq Ft
$159/Sq Ft Est. Value

Last Sold October 15, 2012

Last sale price $199,000 $76 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $2,509/month

144 Days on Market

Highlights

  • Newly Remodeled
  • Fireplace in Hearth Room
  • Traditional Architecture
  • Ellendale Elementary School Rated A
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of October 2012

NEW 5 BEDROOM HOME ON LARGE COVE LOT. GRANITE COUNTERS+S/S APPLIANCES.WOOD/TILE FLOORS.CARPET IN BEDROOMS.COVERED PATIO, FIREPLACE IN THE HEARTH ROOM.MUST SEE TILED JACUZZI AND WALKIN SHOWER IN MASTER BATH.FOLD IN WINDOWS FOR EASY CLEANING. DOUBLE GARAGE.

Last Listed By

Michael Morgan

Crye-Leike, Inc., REALTORS License #273518 Listed on: 05/02/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,335

Year Built

  • Built in 2012 | Newly Remodeled

Lot Details

  • 0.43 Acre Lot
  • Landscaped
  • Level Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,630 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Fireplace in Hearth Room
  • Double Pane Windows
  • Aluminum Window Frames
  • Entrance Foyer
  • Great Room
  • Dining Room
  • Den
  • Keeping Room
  • Attic

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Outdoor Features

  • Cove
  • Covered patio or porch

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Bishops Ridge Pd Subdivision

Listing and Financial Details

  • Assessor Parcel Number B0148L C00025

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,335

Year Built

Built in 2012 | Newly Remodeled

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: BISHOPS VALLEY
  • MLS Map #: 852A
  • MAAR Subdivision Name: BISHOPS RIDGE
  • List Price Per Sq Ft: 83
  • Number Of Stories: 2
  • Price Per Sq Ft: 75.67
  • Prop Construction Status: New Construction (Never Occupied)
  • Estimated Sq Ft: 2630
  • Year Built: 2012
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 2 or More Baths, Laundry Room, Keeping/Hearth Room
  • Second Story Floor Plan: 3rd Bedroom, 4th or More Bedrooms, 1 Bath
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Vaulted/Coffered Primary, Split Bedroom Plan, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower
  • Estimated Heated Sq Ft Range: Not Available
  • Bedroom 2 Description: Level 1, Walk-In Closet, Smooth Ceiling, Carpet
  • Bedroom 3 Description: Level 2, Smooth Ceiling, Carpet
  • Bedroom 4 Description: Level 2, Walk-In Closet, Smooth Ceiling, Carpet
  • Bedroom 5 Description: Level 2, Walk-In Closet, Smooth Ceiling, Carpet
  • Bedrooms: 5
  • Bedrooms Down: 2
  • Fireplace: Vented Gas Fireplace, In Keeping/Hearth room, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 3
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave, Cable Wired
  • Living Dining Kitchen: Separate Dining Room, Great Room, Breakfast Bar, Pantry, Washer/Dryer Connections, Keeping/Hearth Room
  • Misc Interior: Walk-In Closet(s), Walk-In Attic, Cat/Dog Free House, Security System, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Entry Hall
  • Total Bathrooms: 3
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Smooth Ceiling, Tile Floor

Exterior Features

  • Misc Exterior: Covered Patio
  • Exterior Windows: Brick Veneer, Aluminum Window(s), Double Pane Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Number Covered Parking Spaces: 2
  • Parking Display: 2A
  • Parking Storage: Garage Door Opener(s), Front-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s), Dual System
  • Heating: Central, Gas, Dual System
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Level, Cove, Landscaped
  • Lot Number: 25
  • Acreage: 0.43
  • Keeping Hearth Dimension: 12X11
  • Lot Size: 48.7 X 153.24 IRR
  • Price Per Acre: 510465

Multi Family

  • Number Of Rooms: 9

Tax Info

  • Assessor Parcel Number: B0148L C00025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2012
Closed on
Oct 15, 2012
Sold by
Chase Homes Llc
Bought by
Bell Sylvia M
Seller's Agent
Michael Morgan
Crye-Leike, Inc., REALTORS
Buyer's Agent
Michael Morgan
Crye-Leike, Inc., REALTORS
List Price
$219,500
Sold Price
$199,000
Premium/Discount to List
-$20,500
-9.34%
Total Days on Market
144
Current Estimated Value
$417,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,372
Avg. Annual Appreciation
5.95%
Original Mortgage
$195,395
Outstanding Balance
$136,059
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$275,471

Purchase Details

Listed on
May 2, 2012
Closed on
Oct 2, 2012
Sold by
Too H Llc
Bought by
Chase Homes Llc
Seller's Agent
Michael Morgan
Crye-Leike, Inc., REALTORS
Buyer's Agent
Michael Morgan
Crye-Leike, Inc., REALTORS
List Price
$219,500
Sold Price
$199,000
Premium/Discount to List
-$20,500
-9.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,395
Outstanding Balance
$136,059
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$275,471

Purchase Details

Closed on
Apr 25, 2008
Sold by
Skip Hobbs Construction Llc
Bought by
Too H Llc

Range of Values:

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Average Value
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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
Bell Sylvia M $199,000 None Available
Chase Homes Llc -- None Available
Too H Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bell Sylvia M $195,395
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2012 10/15/12 Sold $199,000 -9.3% $76 / Sq Ft
09/23/2012 09/23/12 Pending -- -- --
05/02/2012 05/02/12 For Sale $219,500 -- $83 / 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 $2,335 $68,875 $14,400 $54,475
2023 $3,526 $68,875 $14,400 $54,475
2022 $3,526 $68,875 $14,400 $54,475
2021 $3,582 $68,875 $14,400 $54,475
2020 $3,371 $57,325 $15,000 $42,325
2019 $3,371 $57,325 $15,000 $42,325
2018 $3,371 $57,325 $15,000 $42,325
2017 $2,356 $57,325 $15,000 $42,325
2016 $2,133 $48,800 $0 $0
2014 $2,133 $48,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3246449

Memphis Area Association of REALTORS®

APN: B0-148L-C0-0025