988 Michael Cove Memphis, TN 38116
Whitehaven NeighborhoodEstimated payment $1,015/month
Highlights
- Popular Property
- Traditional Architecture
- Central Heating and Cooling System
- 0.57 Acre Lot
- 1 Fireplace
- Level Lot
About This Home
Why search for your next investment when this one is already working? This beautifully renovated three-bedroom, one-and-a-half-bath home offers 1,366 square feet of refreshed living space, a spacious and functional layout, separate living and dining areas, central heating and air, and an expansive half-acre lot. Best of all, the property is currently leased for $1,650 per month through August 15, 2027, providing immediate rental income with a tenant already in place. Add this portfolio-ready opportunity to your collection before another investor does! Tenant occupied; please do not disturb. This property is 1 of 30 in the portfolio for sale.
Home Details
Home Type
- Single Family
Year Built
- Built in 1951
Lot Details
- 24,829 Sq Ft Lot
- Lot Dimensions are 52x193
- Level Lot
Parking
- 1 Parking Space
Home Design
- Traditional Architecture
Interior Spaces
- 1,366 Sq Ft Home
- 1-Story Property
- 1 Fireplace
Bedrooms and Bathrooms
- 3 Bedrooms
Utilities
- Central Heating and Cooling System
Community Details
- Lacey Mosbys Whitehaven Park 1St Addn Subdivision
Listing and Financial Details
- Assessor Parcel Number 077030 00020
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $785 | $29,200 | $4,775 | $24,425 |
| 2024 | -- | $18,200 | $3,725 | $14,475 |
| 2023 | $1,109 | $18,200 | $3,725 | $14,475 |
| 2022 | $1,109 | $18,200 | $3,725 | $14,475 |
| 2021 | $1,122 | $18,200 | $3,725 | $14,475 |
| 2020 | $1,042 | $14,375 | $3,725 | $10,650 |
| 2019 | $1,042 | $14,375 | $3,725 | $10,650 |
| 2018 | $1,042 | $14,375 | $3,725 | $10,650 |
| 2017 | $591 | $14,375 | $3,725 | $10,650 |
| 2016 | $678 | $15,525 | $0 | $0 |
| 2014 | $678 | $15,525 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/08/2026 09/08/26 | For Sale | $167,000 | +108.8% | $122 / Sq Ft | |
| 06/09/2026 06/09/26 | Sold | $80,000 | +1.3% | $59 / Sq Ft | View Prior Sale |
| 05/18/2026 05/18/26 | Pending | -- | -- | -- | |
| 05/06/2026 05/06/26 | For Sale | $79,000 | 0.0% | $58 / Sq Ft | |
| 05/06/2026 05/06/26 | Price Changed | $79,000 | -12.2% | $58 / Sq Ft | |
| 04/24/2026 04/24/26 | Pending | -- | -- | -- | |
| 03/27/2026 03/27/26 | For Sale | $90,000 | +164.7% | $66 / Sq Ft | |
| 08/19/2015 08/19/15 | Sold | $34,000 | -15.0% | $25 / Sq Ft | View Prior Sale |
| 08/10/2015 08/10/15 | Pending | -- | -- | -- | |
| 02/18/2015 02/18/15 | For Sale | $40,000 | +158.1% | $29 / Sq Ft | |
| 10/28/2014 10/28/14 | Sold | $15,500 | -41.5% | $13 / Sq Ft | View Prior Sale |
| 10/13/2014 10/13/14 | Pending | -- | -- | -- | |
| 08/06/2014 08/06/14 | For Sale | $26,500 | -- | $22 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $80,000 | Foundation Title | |
| Quit Claim Deed | -- | Regency Title & Escrow | |
| Warranty Deed | $34,000 | Baymark Title & Escrow Svcs | |
| Special Warranty Deed | $1,550 | None Available | |
| Trustee Deed | $36,040 | None Available |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $105,300 | Construction |
About the Listing Agent
Sometimes the only thing standing between where you are and where you’re meant to be is the willingness to take a leap of faith and believe in yourself to be successful.
“You’re not focused here anymore. You need to go sell real estate.”
That’s what my boss said before letting me go. He wasn’t frustrated. He was doing me a favor. He could see what I hadn’t fully admitted to myself yet. My time, energy, and attention had already shifted. I was booking showings on lunch breaks,
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Source: Memphis Area Association of REALTORS®
MLS Number: 10229965
APN: 07-7030-0-0020
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Ask me questions while you tour the home.