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Memphis 38109 Mc Kellar - Whitehaven-Levi PD
127 PETTITE CV
Photo of 127 PETTITE CV
Sold on Dec 22, 2021

25

Map

Photo of 127 PETTITE CV
Photo of 127 PETTITE CV
$140,500
● House - Off Market

127 PETTITE CV

Memphis, TN 38109
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,275 Ft²
$148,731
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Property has new floors, new hot dry wall, new windows, new cabinets and countertops, new paint, new HVAC, new lighting, new bathroom sinks, new interior and exterior doors, and more! Property has a 4th room that could be used for an office or a bedroom.
Unit Size
1,275 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$106
Property Type
House
Property Taxes
$94
HOA Dues
-
Year Built
1964

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 months ago (Realtracs #RTC3114592)

Price History

Date / Event Date Event Price
Dec 22, 2021 Sold
Premium
Sold
Oct 18, 2021 Listed by BEST Real Estate Company $135,001
Listed by BEST Real Estate Company

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 2010
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 3
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 3
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,106
  • Lot Size Depth Feet: 1,420
  • Lot Size Frontage Feet: 710
  • Total Building Area: 1,275
  • Gross Building Area: 1,275
  • Building Area: 1,275
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,275
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WHITECAP VILLAGE
  • Land Acres: 0000000232
  • Standard Land Use Code: 1001
  • County Land Use Code: 062

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 022322

Zoning

  • Zoning: R-10

Geography

  • District: O
  • Parcel: 07-6035-0-0252
  • Lot: 220
  • Municipality: MEMPHIS
  • Latitude: 35.0234
  • Longitude: -90.0598

    Address

  • Full Address: 127 Pettite Cv
  • Address - House Number: 127
  • Address - Street Name: Pettite
  • Address - Suffix Type: Cv
  • State: TN
  • City Name: Memphis
  • Carrier Code: C071
  • 4-Digit Zip Code: 5716
  • Zip Code: 38109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $162,647
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2654
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 62
  • Final Value: 161,801
  • High Value: 204,743
  • Low Value: 118,859

    Market Valuation

  • Market Total Value: $106,800
  • Market Land Value: $11,100
  • Market Improvement Value: $95,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $26,700
  • Assessed Land Value: $2,775
  • Assessed Improvements Value: $23,925

    Sales

  • Current Sale Contract Date: Dec 21, 2021
  • Current Sale Recording Date: Jan 07, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 22002612
  • Previous Sale Recording Date: May 12, 2011
  • Previous Sale Contract Date: May 06, 2011
  • Previous Sale Amount: $29,111
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Mc Kellar - Whitehaven-Levi PD

Stats & Trends

Median Asking:

$145,000

Sale Price/ft²

$90

Above Asking

0.00%

Average Days on Market

106

Average Home Size

1341 ft²

Average Home Age

58.4 years

Currently For Sale

5 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 3571 S Hwy 61, Memphis, TN, 38109

$910 /mo

  • 1 Bed
  • 1 Bath
3571 S Hwy 61, Memphis, TN, 38109 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Realtracs

Listed by: Kaye Thompson, BEST Real Estate Company
Last Updated: 2 months ago
Data Source: Realtracs, MLS# RTC3114592
All information should be verified by the recipient and none is guaranteed as accurate by Realtracs.
Brokerage email: [email protected]

Frequently Asked Questions

When was property at 127 Petite Cove built and last sold?
The property at 127 Petite Cove was built in 1964 and last sold on Dec 21, 2021 for $140,500.
How much is this home worth?
The estimated value of the home located at 127 Petite Cove is $135,151.
What are some comparable homes to 127 Petite Cove?
There are currently no comparable homes to 127 Petite Cove.
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