NOT LISTED FOR SALE

986 Village Oak Cove Memphis, TN 38120

River Oaks Neighborhood

Estimated Value: $660,000 - $883,000

4 Beds
4 Baths
4,000-4,499 Sq Ft
$163/Sq Ft Est. Value

Last Sold October 06, 2017

Last sale price $615,000 $137 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,507/month

131 Days on Market

Highlights

  • Gated Parking
  • Sitting Area In Primary Bedroom
  • Updated Kitchen
  • White Station High Rated A
  • Gated Community
  • Landscaped Professionally

About This Home

As of October 2017

Prestigious Home located in the Village of River Oaks! Custom built home with all the amenities you could possibly need!! Professional Interior design 4bdrms/4baths, large closets, huge family room with exercise rm attached. Spacious dining and keeping rooms. Beautiful hardwood,marble,porcelain floors through out. Huge kitchen with custom cabinets with under and above lighting. Minutes way from Wolf River Greenway, Baptist Hospital!! *** Back on Market as of 8-18**

Last Agent to Sell the Property

Tim Burns

KAIZEN Realty, LLC License #286511 Listed on: 04/21/2017

KAIZEN Realty, LLC

Last Buyer's Agent

Jennifer Anthony

Keller Williams License #339472

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,811

Year Built

  • Built in 2007

Lot Details

  • 9,583 Sq Ft Lot
  • Brick Fence
  • Landscaped Professionally
  • Corner Lot
  • Sprinklers on Timer
  • Few Trees

HOA Fees

  • $112 Monthly HOA Fees

Home Design

  • French Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 4,000-4,499 Sq Ft Home
  • 4,269 Sq Ft Home
  • 1.5-Story Property
  • Wet Bar
  • Built-in Bookshelves
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Window Treatments
  • Casement Windows
  • Entrance Foyer
  • Great Room
  • Dining Room
  • Den with Fireplace
  • 2 Fireplaces
  • Bonus Room
  • Play Room
  • Sun or Florida Room
  • Keeping Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Partially Carpeted
  • Marble
  • Tile

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • En-Suite Bathroom
  • Cedar Closet
  • Walk-In Closet
  • Dressing Area
  • 4 Full Bathrooms
  • Powder Room
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer

Attic

  • Attic Fan
  • Attic Access Panel

Home Security

  • Burglar Security System
  • Security Gate
  • Fire and Smoke Detector
  • Termite Clearance

Parking

  • 2 Car Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway
  • Gated Parking
  • Guest Parking

Outdoor Features

  • Patio
  • Outdoor Gas Grill

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Shared Heating and Cooling
  • Two Heating Systems
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater
  • Shared Hot Water
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 080008 V00001

Community Details

Overview

  • River Oaks Phase Xi Subdivision
  • Mandatory home owners association

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,811

Year Built

Built in 2007

Lot Details

0

HOA Fees

$112 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: French
  • Detached Unit Type: General Residential
  • MLS Map #: 782D
  • MAAR Subdivision Name: RIVER OAKS
  • List Price Per Sq Ft: 150
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 144.06
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 4269
  • Termite Contract: Yes
  • Year Built: 2007
  • Special Features: None
  • 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, Sun Room, Office
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Play Room/Rec Room, Bonus Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Luxury Primary Bath, Whirlpool(s), Separate Tub & Shower, Full Bath Down
  • Estimated Heated Sq Ft Range: 4000-4499
  • Bedroom 2 Description: Level 1, Walk-In Closet, Private Full Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 2, Walk-In Closet, Private Full Bath, Smooth Ceiling, Carpet
  • Bedroom 4 Description: Level 2, Walk-In Closet, Private Full Bath, Smooth Ceiling, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 2
  • Fireplace: Vented Gas Fireplace, In Den/Great Room, Gas Starter, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Marble/Terrazzo, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 4
  • Equipment: Self Cleaning Oven, Double Oven, Gas Cooking, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Instant Hot Water, Cable Wired
  • Living Dining Kitchen: Separate Dining Room, Great Room, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Pantry, Island In Kitchen, Washer/Dryer Connections, Keeping/Hearth Room
  • Misc Interior: All Window Treatments, Wet Bar, Walk-In Closet(s), Cedar Lined Closet(s), Attic Access, Walk-In Attic, Sky Light(s), Powder/Dressing Room, Security System, Smoke Detector(s), Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Room, Sun Room, Play Room, Bonus Room, Entry Hall, Attic
  • Total Bathrooms: 4
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Dressing Area, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Sitting Area, Built-In Cabinets/Bkcases, Smooth Ceiling, Tile Floor

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Gas Grill, Patio, Well Landscaped Grounds, Brick or Stone Fence
  • Exterior Windows: Casement Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad, Garage Door Opener(s), Side-Load Garage, Gated Parking, Gate Clickers, Designated Guest Parking

Utilities

  • Cooling: Central, Attic Fan, Ceiling Fan(s), 3 or More Systems, Common Cooling System, 220 Wiring
  • Heating: Central, Gas, Dual System, 3 or More Systems, Common Heat System
  • Security: Burglar Alarm, Smoke Detector(s), Security Gate
  • Water Sewer: Gas Water Heater, 2+ Water Heaters, Common Hot Water

Association/Amenities

  • Annual Association Fee: 1340
  • Neighborhood Amenities: Gated Neighborhood
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Corner, Professionally Landscaped, Brick/Stone Fenced
  • Lot Number: 1
  • Acreage: 0.22
  • Lot Size: 74.6X125 (IRR)
  • Price Per Acre: 2904545

Multi Family

  • Number Of Rooms: 9

Tax Info

  • Assessor Parcel Number: 080008 V00001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2019
Sold by
Moustafa Salwa
Bought by
Moustafa Salwa and The Salwa Moustafa Living Trust
Current Estimated Value
$734,498

Purchase Details

Listed on
Apr 21, 2017
Closed on
Oct 3, 2017
Sold by
Gilluly Edwin Gregory and Gilluly Susan B
Bought by
Moustafa Salwa
Seller's Agent
Tim Burns
KAIZEN Realty, LLC
Buyer's Agent
Jennifer Anthony
Keller Williams
List Price
$675,000
Sold Price
$615,000
Premium/Discount to List
-$60,000
-8.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.83%
Original Mortgage
$424,100
Outstanding Balance
$239,845
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$469,650

Purchase Details

Closed on
Jan 26, 2005
Sold by
M N Murray & Son
Bought by
Gilluly Edwin Gregory and Gilluly Susan B
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
Moustafa Salwa -- None Available
Moustafa Salwa $615,000 None Available
Gilluly Edwin Gregory $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moustafa Salwa $424,100
Previous Owner Gilluly Edwin Gregory $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2017 10/06/17 Sold $615,000 -8.9% $154 / Sq Ft
08/30/2017 08/30/17 Pending -- -- --
04/21/2017 04/21/17 For Sale $675,000 -- $169 / 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 $4,811 $193,975 $20,750 $173,225
2024 -- $141,925 $23,825 $118,100
2023 $8,646 $141,925 $23,825 $118,100
2022 $8,646 $141,925 $23,825 $118,100
2021 $8,747 $141,925 $23,825 $118,100
2020 $10,068 $138,950 $23,275 $115,675
2019 $10,068 $138,950 $23,275 $115,675
2018 $10,068 $138,950 $23,275 $115,675
2017 $4,927 $119,875 $23,275 $96,600
2016 $4,866 $111,350 $0 $0
2014 $4,866 $111,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2017

    Tim Burns

    KAIZEN Realty, LLC

    (901) 356-5958

    3 in this area

    12 Total Sales

    Tim Burns
    Section Image
  • Jennifer Anthony

    Buyer's Agent in 2017

    Jennifer Anthony

    Keller Williams

    (901) 517-1083

    58 Total Sales

    Jennifer Anthony
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10000663

Memphis Area Association of REALTORS®

APN: 08-0008-V0-0001

Tennessee Shelby County Memphis 38120 River Oaks

986 Village Oak Cove, Memphis, TN

This home is located at 986 Village Oak Cove, Memphis, TN 38120 since 21 April 2017 and is currently estimated at $734,498, approximately $163 per square foot. This property was built in 2007. 986 Village Oak Cove is a home located in Shelby County with nearby schools including Balmoral Ridgeway Elementary School, White Station High, and Ridgeway Middle School.

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