NOT LISTED FOR SALE

Estimated Value: $252,000 - $280,000

4 Beds
2 Baths
2,200-2,399 Sq Ft
$111/Sq Ft Est. Value

Last Sold May 29, 2014

Last sale price $126,500 $53 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $1,531/month

Highlights

  • 1 Fireplace
  • Den
  • Central Heating and Cooling System
  • Separate Formal Living Room
  • Patio
  • Level Lot

About This Home

As of May 2014

This home is located at 7635 Shelby Forest Cove, Memphis, TN 38125 since 20 April 2014 and is currently estimated at $267,155, approximately $121 per square foot. This property was built in 1991. 7635 Shelby Forest Cove is a home located in Shelby County with nearby schools including Lowrance Elementary School, Southwind High School, and Power Center Academy - Southeast.

Last Agent to Sell the Property

Joseph Jackson

BenchMark REALTORS, LLC License #296952 Listed on: 04/20/2014

Last Buyer's Agent

Joseph Jackson

BenchMark REALTORS, LLC License #296952 Listed on: 04/20/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,544

Year Built

  • Built in 1991

Lot Details

  • 0.28 Acre Lot
  • Level Lot

Home Design

  • Split Level Home
  • Property Attached

Interior Spaces

  • 2,200-2,399 Sq Ft Home
  • 2,099 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Separate Formal Living Room
  • Den
  • Wall to Wall Carpet
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Side Facing Garage

Additional Features

  • Patio
  • Ground Level
  • Central Heating and Cooling System

Community Details

  • Shelby Crossing Subdivision

Listing and Financial Details

  • Assessor Parcel Number D0241F B00008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,544

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Split Level
  • Attached Unit Type: First Floor Flat
  • MLS Map #: 787C
  • MAAR Subdivision Name: SHELBY CROSSING
  • List Price Per Sq Ft: 63
  • Number Of Stories: 1
  • Price Per Sq Ft: 60.27
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2099
  • Year Built: 1991
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down
  • Estimated Heated Sq Ft Range: 2200-2399
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Floors/Ceilings: Wall to Wall Carpet
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Den, Washer/Dryer Connections
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 8
  • Acreage: 0.28
  • Lot Size: 12245SF 92.6X125 IRR
  • Price Per Acre: 469643

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: D0241F B00008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2014
Closed on
Jun 5, 2014
Sold by
Winton Jenny Lou
Bought by
Stringer Fredric A and Davis Stringer Shewronda L
Seller's Agent
Joseph Jackson
BenchMark REALTORS, LLC
Buyer's Agent
Joseph Jackson
BenchMark REALTORS, LLC
List Price
$131,500
Sold Price
$126,500
Premium/Discount to List
-$5,000
-3.8%
Current Estimated Value
$267,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,655
Avg. Annual Appreciation
6.77%
Original Mortgage
$124,208
Outstanding Balance
$93,288
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$173,867

Purchase Details

Closed on
Aug 9, 2002
Sold by
Winton James Earl
Bought by
Winton Jenny Lou

Purchase Details

Closed on
Aug 2, 1994
Bought by
Winton James E and Winton Jenny L
Source: Public Records

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
Stringer Fredric A $126,500 Fntg
Winton Jenny Lou -- --
Winton James E $112,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stringer Fredric A $124,208
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2014 05/29/14 Sold $126,500 -3.8% $58 / Sq Ft
04/21/2014 04/21/14 Pending -- -- --
04/20/2014 04/20/14 For Sale $131,500 -- $60 / 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 $1,544 $65,800 $11,750 $54,050
2024 $1,544 $45,550 $6,950 $38,600
2023 $1,544 $45,550 $6,950 $38,600
2022 $1,544 $45,550 $6,950 $38,600
2021 $1,571 $45,550 $6,950 $38,600
2020 $1,341 $33,100 $6,950 $26,150
2019 $1,341 $33,100 $6,950 $26,150
2018 $1,341 $33,100 $6,950 $26,150
2017 $1,360 $33,100 $6,950 $26,150
2016 $1,262 $28,875 $0 $0
2014 $1,262 $28,875 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9924669

Memphis Area Association of REALTORS®

APN: D0-241F-B0-0008