NOT LISTED FOR SALE

122 Walnut Ridge Ln Cordova, TN 38018

Estimated Value: $288,000 - $318,000

4 Beds
2.5 Baths
2,600-2,799 Sq Ft
$111/Sq Ft Est. Value

Last Sold March 15, 2024

Last sale price $273,000 $98 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,823/month

121 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • 2 Car Garage
  • 1 Fireplace
  • Central Heating and Cooling System
  • Wall to Wall Carpet

About This Home

As of March 2024

Seller offering closing cost assistance up to $10,000 and 1 year home warranty. Water heater replaced in December of 2023. Home is priced to sell "AS IS" and is well below market value. 4 bed 2 1/2 bath gem in the southern part of Cordova just off Walnut Grove and East of Sanga. Move-in-ready home that needs just a little TLC. Separate laundry, huge kitchen, big great room and 4 spacious bedrooms with primary bath featuring separate spaces for the 2 vanities with large whirlpool tub.

Last Agent to Sell the Property

Arlexus Holmes

BHHS Taliesyn Realty License #363754 Listed on: 11/05/2023

BHHS Taliesyn Realty

Last Buyer's Agent

Michelle Ball

Chamberwood Realty Group License #281439

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,035

Year Built

  • Built in 1989

Lot Details

  • 9,583

HOA Fees

  • $10 Monthly HOA Fees

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,600-2,799 Sq Ft Home
  • 2,608 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Separate Formal Living Room

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Garage Door Opener

Additional Features

  • 9,583 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • Walnut Ridge Sec A Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 091087 00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,035

Year Built

Built in 1989

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 #: 797A
  • MAAR Subdivision Name: WALNUT RIDGE SEC A
  • Number Of Stories: 2
  • Price Per Sq Ft: 104.68
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2608
  • Year Built: 1989
  • List Price/ Sq Ft: 104
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Up
  • Estimated Heated Sq Ft Range: 2600-2799
  • Bedrooms: 4
  • Floors/Ceilings: Wall to Wall Carpet, Wood Laminate Floors
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2.1

Exterior Features

  • Exterior Windows: Brick Veneer

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2
  • Parking Storage: Garage Door Opener(s), Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Annual Association Fee: 125
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Number: 46
  • Acreage: 0.22
  • Lot Size: 10000SF80X125
  • Price Per Acre: 1227273

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 091087 00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2023
Closed on
Mar 14, 2024
Sold by
Lofton James and Lofton Cynthia
Bought by
Ledford David Andrew
Seller's Agent
Arlexus Holmes
BHHS Taliesyn Realty
Buyer's Agent
Michelle Ball
Chamberwood Realty Group
List Price
$290,000
Sold Price
$273,000
Premium/Discount to List
-$17,000
-5.86%
Total Days on Market
121
Views
393
Current Estimated Value
$309,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,646
Avg. Annual Appreciation
10.24%
Original Mortgage
$273,000
Interest Rate
6.64%
Mortgage Type
VA

Purchase Details

Closed on
Jul 12, 2016
Sold by
Perry Sandy and Perry James
Bought by
Lofton James and Lofton Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,102
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 14, 2004
Sold by
Brown Sandy and Perry Sandy
Bought by
Perry Sandy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
5.71%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 28, 2000
Sold by
Roberson Edward C and Roberson Linda K
Bought by
Brown Sandy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.94%
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
Ledford David Andrew $273,000 Realty Title
Lofton James $160,000 Preferred Title & Escrow Llc
Perry Sandy -- --
Brown Sandy $160,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ledford David Andrew $275,500
Closed Ledford David Andrew $273,000
Previous Owner Lofton James $157,102
Previous Owner Perry Sandy $30,000
Previous Owner Brown Sandy $141,444
Previous Owner Brown Sandy $144,000
Previous Owner Brown Sandy $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2024 03/15/24 Sold $273,000 +1.1% $105 / Sq Ft
03/13/2024 03/13/24 Price Changed $270,000 -1.2% $104 / Sq Ft
03/13/2024 03/13/24 Price Changed $273,400 +1.3% $105 / Sq Ft
03/05/2024 03/05/24 Pending -- -- --
11/28/2023 11/28/23 Price Changed $270,000 -6.9% $104 / Sq Ft
11/05/2023 11/05/23 For Sale $290,000 -- $112 / 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 $2,035 $68,300 $15,000 $53,300
2024 $2,035 $60,025 $9,750 $50,275
2023 $2,035 $60,025 $9,750 $50,275
2022 $3,657 $60,025 $9,750 $50,275
2021 $3,699 $60,025 $9,750 $50,275
2020 $2,849 $39,325 $9,750 $29,575
2019 $2,849 $39,325 $9,750 $29,575
2018 $2,849 $39,325 $9,750 $29,575
2017 $1,616 $39,325 $9,750 $29,575
2016 $1,503 $34,400 $0 $0
2014 $1,503 $34,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Arlexus Holmes

    Seller's Agent in 2024

    Arlexus Holmes

    BHHS Taliesyn Realty

    (901) 304-6887

    6 in this area

    19 Total Sales

    Arlexus Holmes
    Section Image

  • M

    Buyer's Agent in 2024

    Michelle Ball

    Chamberwood Realty Group

    (901) 502-0303

    1 in this area

    7 Total Sales

    Michelle Ball
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10160317

Memphis Area Association of REALTORS®

APN: 09-1087-0-0005

Tennessee Shelby County Cordova 38018

122 Walnut Ridge Ln, Cordova, TN

This home is located at 122 Walnut Ridge Ln, Cordova, TN 38018 since 05 November 2023 and is currently estimated at $309,646, approximately $110 per square foot. This property was built in 1989. 122 Walnut Ridge Ln is a home located in Shelby County with nearby schools including Cordova Elementary School, Cordova Middle School, and Cordova High School.

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