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188 Cloister Green Cove

188 Cloister Green Cove, Memphis, TN 38120
Property in Shelby
Sold May 21, 2013
$1,700,000
$850,000 by Everbank.com
Mortgage Due Jun 01, 2028
188 Cloister Green Cove in Memphis, TN was first built in 1998 and is 26 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a style that we are currently unable to determine. There are a total of 2 floors. There are a total of 14 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 5 partial bathrooms. 188 Cloister Green Cove has 9,586 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,720 ft and the linear feet between the front and back of the lot is 2,740. In total, the area measurement of the land is 38,711 square feet.

Learn more about the property and building on this page. There is a unknown and a patio. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The roof of the home is made of composition shingle. For those who need parking, there is a attached garage. The garage is 920 sqft. There are a total of 4 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of A. The condition of the building has been evaluated as good. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 188 Cloister Green Cove sold most recently in May 17, 2013 for a total of $1,700,000. If you work out the math, that's approximately a cost of $161.81 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $25,838 in taxes each year. 188 Cloister Green Cove was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $424,150. If we break it down further, the land itself was valued at $102,925. Improvements to the property, however, were assessed at a total of $321,225. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 14
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 20
  • Building Condition: Good
  • Building Quality: A
  • Building Style: Other
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 920
  • Parking Space Count: 4
  • Patio Type: Patio
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 38,711
  • Lot Size Depth Feet: 2,740
  • Lot Size Frontage Feet: 1,720
  • Total Building Area: 10,506
  • Gross Building Area: 10,506
  • Building Area: 9,586
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 9,586
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIVER OAKS 8TH ADDN
  • Land Acres: 0.889
  • Standard Land Use Code: Planned unit development (pud residential)
  • Legal Description 1: ES CLOISTER GREEN CV (PD) SEE MAP GRID 142 N

Ownership

  • Current Owner : VERMA SATISH C
  • Current Owner 2: VERMA DIPIKA P
  • Previous Owner : SMITH KIRBY
  • Previous Owner 2: SMITH PRISCILLA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 021311

Zoning

  • Zoning: R-15

Geography

  • Assessors Map Reference: MB 221-054
  • District: O
  • Parcel: 08-0025-C0-0049
  • Lot: 49
  • Municipality: MEMPHIS
  • Latitude: 35.1257
  • Longitude: -89.8577

    Address

  • Full Address: 188 Cloister Green Cv
  • Address - House Number: 188
  • Address - Street Name: Cloister Green
  • Address - Suffix Type: Cv
  • State: TN
  • City Name: Memphis
  • Carrier Code: C036
  • 4-Digit Zip Code: 2354
  • Zip Code: 38120

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $25,838

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 963,183
  • High Value: 1,401,247
  • Low Value: 525,118

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $850,000
  • First Open Lien Mortgage Lender: EVERBANK.COM
  • First Open Lien Mortgage Recording Date: May 21, 2013
  • First Open Lien Mortgage Loan Amount: $850,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2028

    Market Valuation

  • Market Total Value: $1,696,600
  • Market Land Value: $411,700
  • Market Improvement Value: $1,284,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $424,150
  • Assessed Land Value: $102,925
  • Assessed Improvements Value: $321,225

    Sales

  • Current Sale Contract Date: May 17, 2013
  • Current Sale Recording Date: May 21, 2013
  • Current Sale Transaction ID: 1176332547
  • Current Sale Price: $1,700,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 13061882

    Last Sale Mortgage

  • First Mortgage Lender: EVERBANK.COM
  • First Mortgage Transaction Date: May 21, 2013
  • First Mortgage Loan Amount: $850,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2028

About Memphis



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Frequently Asked Questions

What neighborhood is 188 Cloister Green Cove located in?
The 188 Cloister Green Cove is a located in the neighborhood of Shelby in Memphis, Memphis.
What is the average sales price for listings in 188 Cloister Green Cove?
The average sales price for units in 188 Cloister Green Cove is $0 currently.

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