See Home Value
Shelby 38127
461 FERNCLIFF
$80,000 - $90,000
House - Off Market

461 FERNCLIFF

Memphis, TN 38127
bedrooms
3 Beds
bathrooms
1 Bath
Sold Jan 05, 2024
$80,000
$47,000 by Ils Lending Llc
Mortgage Due Jan 15, 2053
Sold Feb 07, 2019
$28,000

About This Property

Income producing property! Current owner has replaced roof, ac condenser,  hot water heater, and the furnace. Home sits in a cove. Home is priced to allow new owner to make it their own cosmetically. A great addition for an investor that is looking for homes in Memphis with a price point under 100k with a good rental amount range.
Unit Size
-
Days on Market
-
Land Size
0.12 acres
Price per sqft
-
Property Type
House
Property Taxes
$74
HOA Dues
-
Year Built
1973

Price History

Date / Event Date Event Price
Jan 5, 2024 Sold $80,000
Sold
Dec 23, 2023 No longer available -
No longer available
Dec 3, 2023 In contract -
In contract
Nov 22, 2023 Price Decreased $85,000
↓ $2K (2.3%)
Price Decreased
Oct 4, 2023 Listed $87,000
Listed
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Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,476
  • Lot Size Depth Feet: 1,480
  • Lot Size Frontage Feet: 370
  • Total Building Area: 1,323
  • Gross Building Area: 1,323
  • Building Area: 1,323
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,323
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NORTHAVEN REV SEC F
  • Land Acres: 0.126
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SS FERNCLIFF CV

Ownership

  • Current Owner : FISHTAIL SUPERANNUTATION LLC
  • Previous Owner : SYNERGETIC PROPERTY SOLUTIONS LLC
  • Owner Before Previous Owner: E & V PROPERTIES LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 020101

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 50-28
  • District: S
  • Parcel: D0-134-O-00018
  • Lot: 312
  • Municipality: SHELBY COUNTY
  • Latitude: 35.2623
  • Longitude: -90.0484

    Address

  • Full Address: 461 Ferncliff Cv
  • Address - House Number: 461
  • Address - Street Name: Ferncliff
  • Address - Suffix Type: Cv
  • State: TN
  • City Name: Memphis
  • Carrier Code: C016
  • 4-Digit Zip Code: 2623
  • Zip Code: 38127

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $441

    Appraisal Valuation

  • Standard Deviation: 0.1089
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 89
  • Final Value: 80,980
  • High Value: 89,806
  • Low Value: 72,154

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $47,000
  • First Open Lien Mortgage Lender: ILS LENDING LLC
  • First Open Lien Mortgage Recording Date: Jan 09, 2023
  • First Open Lien Mortgage Loan Amount: $47,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 15, 2053

    Market Valuation

  • Market Total Value: $52,000
  • Market Land Value: $5,900
  • Market Improvement Value: $46,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $13,000
  • Assessed Land Value: $1,475
  • Assessed Improvements Value: $11,525

    Sales

  • Current Sale Contract Date: Dec 21, 2023
  • Current Sale Recording Date: Jan 05, 2024
  • Current Sale Transaction ID: 11918893869
  • Current Sale Price: $80,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1300
  • Previous Sale Recording Date: Feb 07, 2019
  • Previous Sale Contract Date: Feb 06, 2019
  • Previous Sale Amount: $28,000
  • Previous Sale Document Type: Warranty Deed



Comparables

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

About Shelby


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 483 Ferncliff Cv., Memphis, TN, 38127

$900 /mo

  • 3 Beds
  • 1 Bath
  • 1,133 ft²
483 Ferncliff Cv. #483 Ferncliff Cv., Memphis, TN, 38127 Listing by Manager


Frequently Asked Questions

When was property at 461 Ferncliff Cove built and last sold?
The property at 461 Ferncliff Cove was built in 1973 and last sold on Dec 21, 2023 for $80,000.
How much is this home worth?
The estimated value of the home located at 461 Ferncliff Cove is $87,870.
What are some comparable homes to 461 Ferncliff Cove?
There are currently no comparable homes to 461 Ferncliff Cove.

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