NOT LISTED FOR SALE

1074 Timberlake Dr E Cordova, TN 38018

Gray's Creek Neighborhood

Estimated Value: $442,000 - $565,000

4 Beds
3.5 Baths
4,000-4,499 Sq Ft
$111/Sq Ft Est. Value

Last Sold October 15, 2020

Last sale price $350,000 $78 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,104/month

159 Days on Market

Highlights

  • 2 Acre Lot
  • Marble Flooring
  • Separate Formal Living Room
  • Bonus Room with Fireplace
  • Traditional Architecture
  • Sun or Florida Room

About This Home

As of October 2020

Price reduced!!! You don’t want to miss this opportunity!!! Beautiful home on 2 acre lot, this home features over-sized rooms, unique marble flooring, nice foyer and more. Freshly painted throughout and new smooth ceilings. Shelby County Schools and NO CITY TAXES!! Pictures do not do it justice, a must see home!!

Last Agent to Sell the Property

Reem Elkhayyat

Crye-Leike, Inc., REALTORS License #342034 Listed on: 03/27/2020

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Victoria Brown

4 Success Realty, LLC License #305985

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,474

Year Built

  • Built in 1988

Lot Details

  • 2 Acre Lot
  • Few Trees

HOA Fees

  • $10 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 4,000-4,499 Sq Ft Home
  • 4,414 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Ceiling Fan
  • Factory Built Fireplace
  • Fireplace Features Masonry
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Separate Formal Living Room
  • Dining Room
  • Den with Fireplace
  • Bonus Room with Fireplace
  • 2 Fireplaces
  • Loft
  • Play Room
  • Sun or Florida Room
  • Storage Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Double Self-Cleaning Oven
  • Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Partially Carpeted
  • Laminate
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • All Upper Level Bedrooms
  • Walk-In Closet

Attic

  • Attic Fan
  • Attic Access Panel
  • Pull Down Stairs to Attic

Home Security

  • Home Security System
  • Iron Doors

Parking

  • 3 Car Garage
  • Workshop in Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Patio
  • Porch

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Woodland Lake Estates Sec C Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number D0215P C00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,474

Year Built

Built in 1988

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 798A
  • MAAR Subdivision Name: WOODLAND LAKE ESTATES
  • List Price Per Sq Ft: 90
  • Number Of Stories: 2
  • Price Per Sq Ft: 79.29
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 4414
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, 1 1/2 Bath, Play Room/Recreation Room, Laundry Room
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 4th or More Bedrooms, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Up
  • Estimated Heated Sq Ft Range: 4000-4499
  • Bedrooms: 4
  • Fireplace: Masonry, Prefabricated, Ventless Gas Fireplace, Vented Gas Fireplace, In Den/Great Room, In Other Room
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet, Tile, Marble/Terrazzo
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Self Cleaning Oven, Double Oven, Cooktop, Disposal, Dishwasher, Cable Wired
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Eat-In Kitchen, Pantry
  • Misc Interior: All Window Treatments, Wet Bar, Walk-In Closet(s), Pull Down Attic Stairs, Attic Access, Security System
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Room, Sun Room, Office/Sewing Room, Entry Hall, Loft/Balcony
  • Total Bathrooms: 3.1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Porch, Patio
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 3
  • Parking Display: 3
  • Parking Storage: Driveway/Pad, More than 3 Coverd Spaces, Storage Room(s), Workshop(s), Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Central, Attic Fan, Ceiling Fan(s), 3 or More Systems
  • Heating: Central, Gas, 3 or More Systems
  • Water Sewer: Gas Water Heater, Public Water, Septic Tank

Association/Amenities

  • Annual Association Fee: 120
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 8A
  • Acreage: 2
  • Keeping Hearth Dimension: 19x11
  • Lot Size: 2.0AC425.78/29.23X337.35/515.44
  • Price Per Acre: 199500

Multi Family

  • Number Of Rooms: 11

Tax Info

  • Assessor Parcel Number: D0215P C00003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2020
Closed on
Oct 14, 2020
Sold by
Eikhayyat Hamed
Bought by
Ratliff Untonio and Ratliff Kimberly
Seller's Agent
Reem Elkhayyat
Crye-Leike, Inc., REALTORS
Buyer's Agent
Victoria Brown
4 Success Realty, LLC
List Price
$574,900
Sold Price
$350,000
Premium/Discount to List
-$224,900
-39.12%
Total Days on Market
159
Current Estimated Value
$499,562

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,562
Avg. Annual Appreciation
7.97%
Original Mortgage
$337,565
Outstanding Balance
$302,948
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$196,614

Purchase Details

Closed on
Oct 15, 2004
Sold by
Mayfield Billy W and Mayfield Laura Ann
Bought by
Elkhayyat Hamed

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.77%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Ratliff Untonio $350,000 Realty Title
Elkhayyat Hamed $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ratliff Untonio $96,500
Open Ratliff Untonio $337,565
Previous Owner Elkhayyat Liana A $540,000
Previous Owner Elkhayyat Hamed $194,800
Previous Owner Elkhayyat Hamed $240,000
Previous Owner Mayfield Billy W $29,321
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2020 10/15/20 Sold $350,000 -12.3% $88 / Sq Ft
07/05/2020 07/05/20 Price Changed $399,000 -7.0% $100 / Sq Ft
04/11/2020 04/11/20 Price Changed $429,000 -14.2% $107 / Sq Ft
03/29/2020 03/29/20 Price Changed $499,999 -13.0% $125 / Sq Ft
03/27/2020 03/27/20 For Sale $574,900 -- $144 / 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 $3,474 $117,800 $20,800 $97,000
2024 $3,474 $102,475 $18,000 $84,475
2023 $3,474 $102,475 $18,000 $84,475
2022 $3,474 $102,475 $18,000 $84,475
2021 $3,535 $102,475 $18,000 $84,475
2020 $3,445 $85,050 $18,000 $67,050
2019 $3,445 $85,050 $18,000 $67,050
2018 $3,445 $85,050 $18,000 $67,050
2017 $3,496 $85,050 $18,000 $67,050
2016 $3,279 $75,025 $0 $0
2014 $3,279 $75,025 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Reem Elkhayyat

    Seller's Agent in 2020

    Reem Elkhayyat

    Crye-Leike

    (901) 603-6362

    1 in this area

    4 Total Sales

    Reem Elkhayyat
    Section Image
  • Victoria Brown

    Buyer's Agent in 2020

    Victoria Brown

    4 Success Realty, LLC

    (901) 864-3990

    4 in this area

    185 Total Sales

    Victoria Brown
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10073731

Memphis Area Association of REALTORS®

APN: D0-215P-C0-0003

Tennessee Shelby County Cordova 38018 Gray's Creek

1074 Timberlake Dr E, Cordova, TN

This home is located at 1074 Timberlake Dr E, Cordova, TN 38018 since 27 March 2020 and is currently estimated at $499,562, approximately $111 per square foot. This property was built in 1988. 1074 Timberlake Dr E is a home located in Shelby County with nearby schools including Macon-Hall Elementary School, Mt. Pisgah Middle School, and Germantown High School.

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