NOT LISTED FOR SALE

7380 Lavita Cove Memphis, TN 38133

Estimated Value: $313,516 - $339,000

3 Beds
2 Baths
1,800-1,999 Sq Ft
$163/Sq Ft Est. Value

Last Sold July 26, 2012

Last sale price $134,900 $67 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $1,870/month

Highlights

  • Vaulted Ceiling
  • Traditional Architecture
  • Whirlpool Bathtub
  • Oak Elementary School Rated A-
  • Wood Flooring
  • Attic

About This Home

As of July 2012

Darling house in Burloe:End of cove.Vaulted kit.w/bayed eating area.High ceiling Gr.Rm.w/fpl. Formal DR w/Treyed ceiling. Lg.Mstr.BR. Wallpaper removed.New Paint.New tile in Kitchen. Will pay buyers closing costs.

Last Agent to Sell the Property

Debbie Barron

REMAX Experts License #15924 Listed on: 01/23/2012

REMAX Experts

Last Buyer's Agent

Debbie Barron

REMAX Experts License #15924 Listed on: 01/23/2012

REMAX Experts

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,796

Year Built

  • Built in 1997

Lot Details

  • 0.29 Acre Lot
  • Landscaped
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Property Attached

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,824 Sq Ft Home
  • 1.1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Mud Room
  • Entrance Foyer
  • Great Room
  • Den with Fireplace
  • Library
  • Play Room
  • Fire and Smoke Detector
  • Eat-In Kitchen
  • Washer and Dryer Hookup
  • Attic

Flooring

  • Wood
  • Partially Carpeted
  • Tile
  • Vinyl

Bedrooms and Bathrooms

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

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Outdoor Features

  • Patio
  • Porch

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Heating System Uses Gas
  • 220 Volts
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number B0157K B00006

Community Details

Overview

  • Burloe Phase 2 Subdivision

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,796

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Cross Street: BROADWAY
  • MLS Map #: 855B
  • MAAR Subdivision Name: BURLOE PH2
  • Number Of Stories: 1.1
  • Price Per Sq Ft: 73.96
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1824
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Vaulted/Coffered Primary, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: In Den/Great Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Vinyl Floor, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 2
  • Living Dining Kitchen: Great Room, Eat-In Kitchen, Pantry, Washer/Dryer Connections
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Walk-In Attic, Rear Stairs to Playroom, Mud Room, Cat/Dog Free House, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Library/Study, Play Room, Entry Hall
  • Total Bathrooms: 2
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Tile Floor, Carpet

Exterior Features

  • Misc Exterior: Porch, Patio
  • Exterior Windows: Brick Veneer, Double Pane Window(s)

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Front-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s), Dual System, 220 Wiring
  • Heating: Central, Gas, Dual System
  • Water Sewer: Electric Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level, Landscaped
  • Lot Number: 33
  • Acreage: 0.29
  • Lot Size: 10836 SF 49 X 127

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: B0157K B00006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2012
Closed on
Jul 26, 2012
Sold by
Parham Jim W
Bought by
Wilson Ashley Michelle
Seller's Agent
Debbie Barron
REMAX Experts
Buyer's Agent
Debbie Barron
REMAX Experts
List Price
$169,900
Sold Price
$134,900
Premium/Discount to List
-$35,000
-20.6%
Current Estimated Value
$325,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,479
Avg. Annual Appreciation
6.87%
Original Mortgage
$107,920
Outstanding Balance
$74,797
Interest Rate
3.68%
Mortgage Type
New Conventional
Estimated Equity
$250,582

Purchase Details

Closed on
Oct 27, 1997
Sold by
Skip Hobbs Construction Llc
Bought by
Parham Jim W and Parham Linda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,403
Interest Rate
7.39%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Wilson Ashley Michelle $134,900 Multiple
Parham Jim W $127,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Ashley Michelle $107,920
Previous Owner Parham Jim W $127,403
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2012 07/26/12 Sold $134,900 -20.6% $75 / Sq Ft
06/21/2012 06/21/12 Pending -- -- --
01/23/2012 01/23/12 For Sale $169,900 -- $94 / 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 $1,796 $75,400 $15,500 $59,900
2024 $1,796 $52,975 $10,250 $42,725
2023 $2,712 $52,975 $10,250 $42,725
2022 $2,712 $52,975 $10,250 $42,725
2021 $2,755 $52,975 $10,250 $42,725
2020 $2,420 $41,150 $9,550 $31,600
2019 $2,420 $41,150 $9,550 $31,600
2018 $2,420 $41,150 $9,550 $31,600
2017 $1,691 $41,150 $9,550 $31,600
2016 $1,550 $35,475 $0 $0
2014 $1,550 $35,475 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3239461

Memphis Area Association of REALTORS®

APN: B0-157K-B0-0006