NOT LISTED FOR SALE

10191 New Well Terrace Cordova, TN 38016

Gray's Creek Neighborhood

Estimated Value: $261,000 - $270,724

3 Beds
2 Baths
1,400-1,599 Sq Ft
$167/Sq Ft Est. Value

Last Sold June 16, 2023

Last sale price $288,000 $180 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $1,548/month

30 Days on Market

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Breakfast Room
  • Whirlpool Bathtub
  • Separate Formal Living Room
  • Kitchen Island

About This Home

As of June 2023

Welcome to this beautiful, open concept home that boasts unique updates throughout. This charming property is the perfect choice for a first-time family, offering a comfortable and stylish living environment. The main living area seamlessly connects the living room, breakfast room and kitchen. Natural light floods the room through large windows, further enhancing the bright and welcoming atmosphere. Schedule a showing today and experience the charm and warmth this property has to offer.

Last Agent to Sell the Property

Loren Huie

BHHS Taliesyn Realty License #338623 Listed on: 05/16/2023

BHHS Taliesyn Realty

Last Buyer's Agent

Danny Burke

Crye-Leike, Inc., REALTORS License #239351

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,570

Year Built

  • Built in 2009

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 60 x 100
  • Wood Fence
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,456 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Separate Formal Living Room
  • Breakfast Room
  • Kitchen Island

Flooring

  • Partially Carpeted
  • Laminate

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Separate Shower

Parking

  • 2 Car Garage
  • Front Facing Garage

Utilities

  • Central Heating and Cooling System

Community Details

  • Franklin Farms Pd Pt Of Area D Phase 5 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 096600 B00055

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,570

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 794A
  • MAAR Subdivision Name: FRANKLIN FARMS PH5
  • List Price Per Sq Ft: 192
  • Number Of Stories: 1
  • Price Per Sq Ft: 197.8
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1456
  • Year Built: 2009
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Breakfast Room, Pantry, Island In Kitchen
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Wood Fence
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2
  • Parking Storage: Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 417
  • Acreage: 0.13
  • Lot Size: 60 X 100
  • Price Per Acre: 2153077

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 096600 B00055

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2023
Closed on
Jun 13, 2023
Sold by
Padron Melissa and Padron Efrain B
Bought by
Humber Linda K and Lucas Christina B
Seller's Agent
Loren Huie
BHHS Taliesyn Realty
Buyer's Agent
Danny Burke
Crye-Leike, Inc., REALTORS
List Price
$279,900
Sold Price
$288,000
Premium/Discount to List
$8,100
2.89%
Views
178
Current Estimated Value
$267,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,819
Avg. Annual Appreciation
-5.35%
Original Mortgage
$72,468
Outstanding Balance
$68,646
Interest Rate
6.39%
Mortgage Type
Credit Line Revolving
Estimated Equity
$185,399

Purchase Details

Listed on
Oct 7, 2017
Closed on
Nov 13, 2017
Sold by
Schelby Wade and Schelby Elizabeth Showalter
Bought by
Padron Melissa
Seller's Agent
Cindy Diaz
MidSouth Residential, LLC
Buyer's Agent
Christine Abston
REMAX Experts
List Price
$147,000
Sold Price
$152,000
Premium/Discount to List
$5,000
3.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.11%
Original Mortgage
$149,246
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 23, 2009
Sold by
Regency Homebuilders Llc
Bought by
Schelby Wade and Showalter Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,963
Interest Rate
4.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2009
Sold by
Nrv & Rw1 Llc
Bought by
Regency Homebuilders Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
5.11%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Humber Linda K $288,000 Saddle Creek Title
Padron Melissa $152,000 None Available
Schelby Wade $137,164 None Available
Regency Homebuilders Llc $46,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Padron Melissa $149,246
Previous Owner Schelby Wade $139,963
Previous Owner Regency Homebuilders Llc $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2023 06/16/23 Sold $288,000 +2.9% $206 / Sq Ft
05/16/2023 05/16/23 For Sale $279,900 +84.1% $200 / Sq Ft
11/13/2017 11/13/17 Sold $152,000 +3.4% $109 / Sq Ft
10/11/2017 10/11/17 Pending -- -- --
10/07/2017 10/07/17 For Sale $147,000 -- $105 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

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 $1,570 $62,075 $13,250 $48,825
2024 $1,570 $46,300 $8,750 $37,550
2023 $2,820 $46,300 $8,750 $37,550
2022 $2,820 $46,300 $8,750 $37,550
2021 $2,854 $46,300 $8,750 $37,550
2020 $2,353 $32,475 $8,750 $23,725
2019 $2,353 $32,475 $8,750 $23,725
2018 $2,353 $32,475 $8,750 $23,725
2017 $1,335 $32,475 $8,750 $23,725
2016 $1,344 $30,750 $0 $0
2014 $1,344 $30,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Loren Huie

    Seller's Agent in 2023

    Loren Huie

    BHHS Taliesyn Realty

    (901) 849-2543

    3 in this area

    79 Total Sales

    Loren Huie
    Section Image
  • Danny Burke

    Buyer's Agent in 2023

    Danny Burke

    Crye-Leike

    (901) 277-2828

    3 in this area

    90 Total Sales

    Danny Burke
    Section Image
  • Cindy Diaz

    Seller's Agent in 2017

    Cindy Diaz

    MidSouth Residential, LLC

    (901) 337-0579

    47 Total Sales

    Cindy Diaz
    Section Image
  • Christine Abston

    Buyer's Agent in 2017

    Christine Abston

    RE/MAX

    (901) 355-0056

    62 Total Sales

    Christine Abston
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10148111

Memphis Area Association of REALTORS®

APN: 09-6600-B0-0055

Tennessee Shelby County Cordova 38016 Gray's Creek

10191 New Well Terrace, Cordova, TN

This home is located at 10191 New Well Terrace, Cordova, TN 38016 since 16 May 2023 and is currently estimated at $267,181, approximately $167 per square foot. This property was built in 2009. 10191 New Well Terrace is a home located in Shelby County with nearby schools including Macon-Hall Elementary School, Mt. Pisgah Middle School, and Cordova High School.

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