NOT LISTED FOR SALE

1153 W Cortona Cir Cordova, TN 38018

Estimated Value: $242,000 - $254,419

3 Beds
2.5 Baths
1,600-1,799 Sq Ft
$139/Sq Ft Est. Value

Last Sold November 16, 2023

Last sale price $228,000 $127 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,532/month

50 Days on Market

About This Home

As of November 2023

What a great addition to your rental portfolio this will be. This property is located near jobs and commerce and will stay in demand with the local tenant base. A TLC is needed and it will be sold "as-is". This property will not qualify for FHA financing. Seller prefers offers with no inspection contingencies since it is a vacant property. No assignments and no wholesaler buyer offers will be accepted.

Last Agent to Sell the Property

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 08/31/2023

Last Buyer's Agent

Spencer Lindahl

Main Street Renewal, LLC License #331452

Main Street Renewal, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,533

Year Built

  • Built in 2008

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 42.35 x 122

Parking

  • 2 Parking Spaces

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,637 Sq Ft Home
  • 1.5-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Community Details

  • Rialto Square Subdivision

Listing and Financial Details

  • Assessor Parcel Number 091019 A00134

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,533

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MLS Map #: 797A
  • MAAR Subdivision Name: RIALTO SQUARE
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 139.28
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1637
  • Year Built: 2008
  • List Price/ Sq Ft: 134
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 2.1

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2

Lot Info

  • Lot Number: 134
  • Acreage: 0.15
  • Lot Size: 42.35 X 122
  • Price Per Acre: 1466667

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 091019 A00134

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2023
Closed on
Nov 14, 2023
Sold by
Vb One Llc
Bought by
Armm Asset Company 2 Llc
Seller's Agent
Dean Harris
CrestCore Realty MphsBrokerage
Buyer's Agent
Spencer Lindahl
Main Street Renewal, LLC
List Price
$220,000
Sold Price
$228,000
Premium/Discount to List
$8,000
3.64%
Total Days on Market
50
Views
99
Current Estimated Value
$250,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,105
Avg. Annual Appreciation
6.11%

Purchase Details

Closed on
Jun 26, 2017
Sold by
Ct Amm B3 Llc
Bought by
P Fin I Llc

Purchase Details

Closed on
Dec 10, 2015
Sold by
Caf B L 2015 Llc
Bought by
Amm B3 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,450,000
Interest Rate
4.01%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 19, 2014
Sold by
Nabhan Said
Bought by
Prager Bridge Property I Llc

Purchase Details

Closed on
Jan 5, 2011
Sold by
Bancorpsouth Bank
Bought by
Nabsal Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,192,500
Interest Rate
4.4%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 5, 2010
Sold by
David Miller Llc
Bought by
Bancorpsouth Bank
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
Armm Asset Company 2 Llc $228,000 Summit Title & Escrow
P Fin I Llc -- None Available
Amm B3 Llc -- Attorney
Prager Bridge Property I Llc $8,060,423 None Available
Nabhan Said -- None Available
Nabsal Enterprises Llc $1,325,000 Stewart Title Of Memphis Inc
Bancorpsouth Bank $368,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ct Amm B3 Llc $6,450,000
Previous Owner Nabsal Enterprises Llc $1,192,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2023 11/16/23 Sold $228,000 +3.6% $143 / Sq Ft
10/20/2023 10/20/23 Pending -- -- --
08/31/2023 08/31/23 For Sale $220,000 -- $138 / 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 $1,533 $65,375 $13,000 $52,375
2024 -- $45,225 $9,500 $35,725
2023 $2,755 $45,225 $9,500 $35,725
2022 $2,755 $45,225 $9,500 $35,725
2021 $3,274 $45,225 $9,500 $35,725
2020 $2,368 $32,675 $9,500 $23,175
2019 $1,044 $32,675 $9,500 $23,175
2018 $1,044 $32,675 $9,500 $23,175
2017 $1,069 $32,675 $9,500 $23,175
2016 $1,220 $27,925 $0 $0
2014 $1,220 $27,925 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10155696

Memphis Area Association of REALTORS®

APN: 09-1019-A0-0134