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3530 Marconi Cove

3530 Marconi Cove, Memphis, TN 38118
Sold Nov 28, 2018
$57,500
Sold Mar 09, 2012
$49,000
$49,000 by Caerus Capital Partners Llc
Mortgage Due Jun 01, 2012
Local assessors in Memphis, TN have categorized 3530 Marconi Cove as a residential type of property. The home was built in 1971 and is 53 years old. The property's lot size has been calculated to be 9,229 square feet. The linear feet between the front and back of the lot was measured at 1,300 ft and the front of the lot was measured at 700 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3530 Marconi Cove has a total of 1,946 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 483 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a hip style roof that was made of composition shingle. Lots of brick veneer were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 3530 Marconi Cove sold most recently in Nov 15, 2018 for a total of $57,500. If you work out the math, that's approximately a cost of $23.67 per sqft. Before that, the property was also sold for $49,000 in Feb 29, 2012. 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 $1,524 in taxes each year. 3530 Marconi Cove was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $25,025. If we break it down further, the land itself was valued at $3,350. Improvements to the property, however, were assessed at a total of $21,675. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 483
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,229
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 700
  • Total Building Area: 2,429
  • Gross Building Area: 2,429
  • Building Area: 1,946
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,946
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TAMBLE TERRACE
  • Land Acres: 0.212
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : HERNANDEZ JOSUE
  • Previous Owner : REINERT JOSEPH PATRICK
  • Owner Before Previous Owner: LEIGH ELTRA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 010810

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 07-4037-C0-0073
  • Lot: 536
  • Municipality: MEMPHIS
  • Latitude: 35.052
  • Longitude: -89.8923

    Address

  • Full Address: 3530 Marconi Cv
  • Address - House Number: 3530
  • Address - Street Name: Marconi
  • Address - Suffix Type: Cv
  • State: TN
  • City Name: Memphis
  • Carrier Code: C080
  • 4-Digit Zip Code: 5551
  • Zip Code: 38118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,524

    Appraisal Valuation

  • Standard Deviation: 0.2487
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 151,715
  • High Value: 189,452
  • Low Value: 113,979

    Market Valuation

  • Market Total Value: $100,100
  • Market Land Value: $13,400
  • Market Improvement Value: $86,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $25,025
  • Assessed Land Value: $3,350
  • Assessed Improvements Value: $21,675

    Sales

  • Current Sale Contract Date: Nov 15, 2018
  • Current Sale Recording Date: Nov 28, 2018
  • Current Sale Transaction ID: 11534905210
  • Current Sale Price: $57,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 18121444
  • Previous Sale Recording Date: Mar 09, 2012
  • Previous Sale Contract Date: Feb 29, 2012
  • Previous Sale Amount: $49,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: CAERUS CAPITAL PARTNERS LLC
  • Previous Mortgage Transaction Date: Mar 09, 2012
  • Previous Mortgage Loan Amount: $49,000
  • Previous Mortgage Term: 2
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jun 01, 2012

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Frequently Asked Questions

What neighborhood is 3530 Marconi Cove located in?
The 3530 Marconi Cove is a house located in the neighborhood of Southeast Memphis in Southeast Memphis, Memphis.
What is the average sales price for listings in 3530 Marconi Cove?
The average sales price for units in 3530 Marconi Cove is $0 currently.

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