NOT LISTED FOR SALE

1038 W Montebello Cir Cordova, TN 38018

Estimated Value: $229,823 - $262,000

2 Beds
2 Baths
1,200-1,399 Sq Ft
$173/Sq Ft Est. Value

Last Sold October 11, 2019

Last sale price $145,000 $104 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $1,471/month

8 Days on Market

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Combination Dining and Living Room
  • Wood Flooring
  • Central Heating and Cooling System
  • Dog Run

About This Home

As of October 2019

Beautiful gated community. Well taken care of home.

Last Listed By

Ricky Cooper

Realty Capital Management, LLC License #327439 Listed on: 09/12/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,397

Year Built

  • Built in 2003

Lot Details

  • 3,920 Sq Ft Lot
  • Dog Run

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,237 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Combination Dining and Living Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Rear-Facing Garage

Utilities

  • Central Heating and Cooling System

Community Details

  • Property has a Home Owners Association
  • $25 Maintenance Fee
  • Montebello Pd Area A Ph 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 091022 A00062

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,397

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 796B
  • MAAR Subdivision Name: MONTEBELLO PH1
  • Condo: Yes
  • List Price Per Sq Ft: 117
  • Number Of Stories: 1
  • Price Per Sq Ft: 117.22
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1237
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 2
  • Living Dining Kitchen: LR/DR Combination
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Dog Run
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Back-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Condominium Association: Yes

Fee Information

  • Monthly Maintenance Fee: 25

Lot Info

  • Lot Number: 62
  • Acreage: 0.09
  • Lot Size: 4140 SF 30 X 138.01
  • Price Per Acre: 1611111

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 091022 A00062

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2019
Closed on
Oct 11, 2019
Sold by
Baker Terilyn
Bought by
Chambers Mina
Seller's Agent
Ricky Cooper
Realty Capital Management, LLC
Buyer's Agent
Leslie Zarshenas
Crye-Leike, Inc., REALTORS
List Price
$145,000
Sold Price
$145,000
Total Days on Market
8
Current Estimated Value
$241,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,956
Avg. Annual Appreciation
9.54%
Original Mortgage
$140,650
Outstanding Balance
$124,566
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$117,390

Purchase Details

Listed on
Mar 7, 2014
Closed on
Apr 16, 2014
Sold by
Alger Doris H
Bought by
Nettles Judith and Baker Teri Lyn
Seller's Agent
Jimmie Hopson
Crye-Leike, Inc., REALTORS
Buyer's Agent
Sharon Ellis
Crye-Leike, Inc., REALTORS
List Price
$105,000
Sold Price
$102,500
Premium/Discount to List
-$2,500
-2.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.52%

Purchase Details

Closed on
May 1, 2006
Sold by
Brasfield J Adam and Brasfield Ellen R
Bought by
Alger Doris H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.28%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 24, 2003
Sold by
Montebello I Llc
Bought by
Brasfield J Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,319
Interest Rate
6.04%
Mortgage Type
FHA

Range of Values:

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Average Value
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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
Chambers Mina $145,000 Realty Ttl Germantown Forest
Nettles Judith $102,500 Realty Title & Escrow Co Inc
Alger Doris H $130,000 None Available
Brasfield J Adam $117,275 Memphis Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chambers Mina $20,000
Open Chambers Mina $140,650
Previous Owner Alger Doris H $41,000
Previous Owner Alger Doris H $70,000
Previous Owner Brasfield J Adam $116,319
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2019 10/11/19 Sold $145,000 0.0% $121 / Sq Ft
09/20/2019 09/20/19 Pending -- -- --
09/12/2019 09/12/19 For Sale $145,000 +41.5% $121 / Sq Ft
04/16/2014 04/16/14 Sold $102,500 -2.4% $83 / Sq Ft
03/26/2014 03/26/14 Pending -- -- --
03/07/2014 03/07/14 For Sale $105,000 -- $85 / 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
2024 $1,397 $41,200 $7,375 $33,825
2023 $2,510 $41,200 $7,375 $33,825
2022 $2,510 $41,200 $7,375 $33,825
2021 $2,539 $41,200 $7,375 $33,825
2020 $2,101 $29,000 $7,375 $21,625
2019 $927 $29,000 $7,375 $21,625
2018 $927 $29,000 $7,375 $21,625
2017 $949 $29,000 $7,375 $21,625
2016 $1,123 $25,700 $0 $0
2014 $1,123 $25,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10063308

Memphis Area Association of REALTORS®

APN: 09-1022-A0-0062