NOT LISTED FOR SALE

7087 Water Oak Cove Memphis, TN 38125

Southern Shelby County Neighborhood

Estimated Value: $217,000 - $228,000

3 Beds
2 Baths
1,600-1,799 Sq Ft
$124/Sq Ft Est. Value

Last Sold January 12, 2016

Last sale price $110,900 $62 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $1,304/month

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • 1-Story Property
  • 1 Fireplace
  • Level Lot

About This Home

As of January 2016

PROPERTY CURRENTLY UNDER RENOVATION. NO SHOWINGS. PLEASE CALL LIST AGENT FOR MORE INFO. SEE ATTACHMENTS FOR SCOPE OF WORK. PROPERTY IS RENTED AND TO BE SOLD AS INVESTMENT. PROPERTY OCCUPIED BY TENANT WITH TENANTS RIGHTS.

Last Agent to Sell the Property

Ryan Flannery

Premier Realty Group, LLC License #317068 Listed on: 11/09/2015

Last Buyer's Agent

NON-MLS NON-BOARD AGENT

NON-MLS OR NON-BOARD OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,330

Year Built

  • Built in 1981

Lot Details

  • 0.26 Acre Lot
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,666 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Front Facing Garage

Utilities

  • Central Heating and Cooling System

Community Details

  • Germantown Oaks Sec B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 093523 K00032

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,330

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 787A
  • MAAR Subdivision Name: GERMANTOWN OAKS SEC B
  • List Price Per Sq Ft: 67
  • Number Of Stories: 1
  • Price Per Sq Ft: 66.57
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1666
  • Year Built: 1981
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 2
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 255
  • Acreage: 0.26
  • Lot Size: 106.83/95 X 100.59/125
  • Price Per Acre: 426538

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 093523 K00032

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2015
Closed on
Jan 11, 2016
Sold by
Memphis Invest Gp
Bought by
Witt Samuel Aaron and Witt Sheila Lyn
Seller's Agent
Ryan Flannery
Premier Realty Group, LLC
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$110,900
Sold Price
$110,900
Current Estimated Value
$223,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,070
Avg. Annual Appreciation
7.51%
Original Mortgage
$78,720
Outstanding Balance
$63,312
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$160,154

Purchase Details

Closed on
Jul 17, 2015
Sold by
Schultz Marcia D and Schultz Carl B
Bought by
Memphis Invest Gp
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
Witt Samuel Aaron $110,900 Attorney
Memphis Invest Gp $50,500 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Witt Samuel Aaron $78,720
Previous Owner Memphis Invest Gp $2,575,000
Previous Owner Schultz Carl B $100,000
Previous Owner Schultz Carl B $12,500
Previous Owner Schultz Carl B $85,993
Previous Owner Schultz Carl B $98,496
Previous Owner Schultz Carl B $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2016 01/12/16 Sold $110,900 0.0% $69 / Sq Ft
11/10/2015 11/10/15 Pending -- -- --
11/09/2015 11/09/15 For Sale $110,900 0.0% $69 / Sq Ft
01/28/2013 01/28/13 Rented $850 +3.0% --
01/28/2013 01/28/13 Under Contract -- -- --
01/10/2013 01/10/13 For Rent $825 -- --
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 $1,330 $59,450 $13,250 $46,200
2024 $1,330 $39,225 $6,825 $32,400
2023 $2,389 $39,225 $6,825 $32,400
2022 $2,389 $39,225 $6,825 $32,400
2021 $1,353 $39,225 $6,825 $32,400
2020 $1,942 $26,800 $6,825 $19,975
2019 $857 $26,800 $6,825 $19,975
2018 $857 $26,800 $6,825 $19,975
2017 $877 $26,800 $6,825 $19,975
2016 $1,120 $25,625 $0 $0
2014 $1,120 $25,625 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    Ryan Flannery

    Premier Realty Group, LLC

    (901) 581-7824

    4 in this area

    108 Total Sales

    Ryan Flannery
    Section Image

  • N

    Buyer's Agent in 2016

    NON-MLS NON-BOARD AGENT

    NON-MLS OR NON-BOARD OFFICE

  • Ricky Lewis

    Seller's Agent in 2013

    Ricky Lewis

    AllStar Management

    (901) 497-4863

    52 Total Sales

    Ricky Lewis
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9965139

Memphis Area Association of REALTORS®

APN: 09-3523-K0-0032

Tennessee Shelby County Memphis 38125 Southern Shelby County

7087 Water Oak Cove, Memphis, TN

This home is located at 7087 Water Oak Cove, Memphis, TN 38125 since 09 November 2015 and is currently estimated at $223,970, approximately $124 per square foot. This property was built in 1981. 7087 Water Oak Cove is a home located in Shelby County with nearby schools including Germanshire Elementary School, Kirby High School, and East Academy.

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