NOT LISTED FOR SALE

1501 Cedar Mills Dr Cordova, TN 38016

Estimated Value: $397,000 - $464,000

5 Beds
3.5 Baths
3,000-3,199 Sq Ft
$130/Sq Ft Est. Value

Last Sold August 15, 2023

Last sale price $415,000 $130 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,599/month

60 Days on Market

Highlights

  • 24-Hour Security
  • Landscaped Professionally
  • Fireplace in Hearth Room
  • In Ground Pool
  • Community Lake
  • Traditional Architecture

About This Home

As of August 2023

REDUCED!! NEW PRICE $415,000 BEAUTIFUL HOME IN RIVERWOOD FARMS SUBDIVISION!!! This beautiful well landscaped home features 5 bdrms and 4 baths!! 2 bdms dwn (Master & nice sized bdrm) 3 bdrooms up!! Awesome Florida room that is a must see. In-ground pool w/beautifully landscaped backyard! This home has STORAGE GALORE!! New Carpet throughout with interior painting in some rooms!! PREQUALIFIED BUYERS ONLY PLEASE! OPEN HOUSE, SAT & SUN, JULY 8-9, 1-3 PM PLEASE STOP BY & BRING YOUR BUYERS!

Last Agent to Sell the Property

rosemary graham

The Carter Group LLC, REALTORS License #263431 Listed on: 05/15/2023

Last Buyer's Agent

Josie Robinson

Crye-Leike, Inc., REALTORS License #225210

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,659

Year Built

  • Built in 1991

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 146x165
  • Landscaped Professionally
  • Level Lot

HOA Fees

  • $44 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 3,000-3,199 Sq Ft Home
  • 3,094 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Gas Log Fireplace
  • Fireplace in Hearth Room
  • Window Treatments
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Sun or Florida Room
  • Keeping Room
  • Attic Access Panel

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Driveway

Pool

  • In Ground Pool
  • Pool Equipment or Cover

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 096501 B00051

Community Details

Overview

  • Riverwood Farms Phase 3 4 & 5 Subdivision
  • Mandatory home owners association
  • Community Lake

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,659

Year Built

Built in 1991

Lot Details

0

HOA Fees

$44 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 793E
  • MAAR Subdivision Name: RIVERWOOD FARMS PH 3 4 & 5
  • Number Of Stories: 2
  • Price Per Sq Ft: 134.13
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3094
  • Year Built: 1991
  • List Price/ Sq Ft: 134
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, Laundry Room, Keeping/Hearth Room, Sun Room
  • Second Story Floor Plan: 3rd Bedroom, 4th or More Bedrooms, 1 Bath
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 3000-3199
  • Bedroom 2 Description: Level 1, Smooth Ceiling, Carpet
  • Bedroom 3 Description: Level 2, Carpet
  • Bedroom 4 Description: Level 2, Walk-In Closet, Carpet
  • Bedroom 5 Description: Level 2, Carpet
  • Bedrooms: 5
  • Bedrooms Down: 2
  • Fireplace: Vented Gas Fireplace, In Living Room, In Keeping/Hearth room, Gas Logs
  • Floors/Ceilings: Wall to Wall Carpet, Part Hardwood
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Cable Wired
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Eat-In Kitchen, Pantry, Island In Kitchen, Washer/Dryer Connections, Keeping/Hearth Room
  • Misc Interior: Excl Some Window Treatmnt, Attic Access, Walk-In Attic, Cat/Dog Free House
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Room, Sun Room
  • Total Bathrooms: 3.1
  • 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, Walk-In Closet, Full Bath, Smooth Ceiling, Carpet

Exterior Features

  • Misc Exterior: Pool Cleaning Equipment
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Pool Description: In Ground
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Driveway/Pad, Side-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Full Time Guard Service, Dead Bolt Lock(s)
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 525
  • Neighborhood Amenities: Lake
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Level, Landscaped, Professionally Landscaped
  • Lot Number: 152
  • Acreage: 0.36
  • Keeping Hearth Dimension: 21x23
  • Lot Size: 146X165
  • Price Per Acre: 1152778

Multi Family

  • Number Of Rooms: 9

Tax Info

  • Assessor Parcel Number: 096501 B00051

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2023
Closed on
Aug 21, 2023
Sold by
Redeemer-Gayden Crystal A
Bought by
Redeemer-Gayden Crystal A and Gayden David
Seller's Agent
rosemary graham
The Carter Group LLC, REALTORS
Buyer's Agent
Josie Robinson
Crye-Leike, Inc., REALTORS
List Price
$425,000
Sold Price
$415,000
Premium/Discount to List
-$10,000
-2.35%
Total Days on Market
60
Views
286
Current Estimated Value
$417,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,280
Avg. Annual Appreciation
0.30%
Original Mortgage
$407,483
Outstanding Balance
$399,773
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
$17,507

Purchase Details

Listed on
May 15, 2023
Closed on
Aug 14, 2023
Sold by
Payne William A and Payne Linda A
Bought by
Redeemer-Gayden Crystal
Seller's Agent
rosemary graham
The Carter Group LLC, REALTORS
Buyer's Agent
Josie Robinson
Crye-Leike, Inc., REALTORS
List Price
$425,000
Sold Price
$415,000
Premium/Discount to List
-$10,000
-2.35%
Views
286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,483
Outstanding Balance
$399,773
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
$17,507

Purchase Details

Closed on
Sep 6, 1996
Sold by
Piatchek James R and Piatchek Sally Ann E
Bought by
Payne William A and Payne Lisa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,800
Interest Rate
6.87%
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
Redeemer-Gayden Crystal A -- Delta Title Services
Redeemer-Gayden Crystal $415,000 Delta Title Services
Payne William A $226,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Redeemer-Gayden Crystal $407,483
Previous Owner Payne Wiliam A $45,000
Previous Owner Payne William $174,248
Previous Owner Payne William A $180,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2023 08/15/23 Sold $415,000 0.0% $138 / Sq Ft
07/14/2023 07/14/23 Pending -- -- --
07/02/2023 07/02/23 Price Changed $415,000 -2.4% $138 / Sq Ft
05/15/2023 05/15/23 For Sale $425,000 -- $142 / 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 $2,659 $103,275 $18,625 $84,650
2024 -- $78,425 $12,650 $65,775
2023 $4,777 $78,425 $12,650 $65,775
2022 $4,777 $78,425 $12,650 $65,775
2021 $4,833 $78,425 $12,650 $65,775
2020 $4,724 $65,200 $12,650 $52,550
2019 $4,724 $65,200 $12,650 $52,550
2018 $4,724 $65,200 $12,650 $52,550
2017 $2,680 $65,200 $12,650 $52,550
2016 $2,349 $53,750 $0 $0
2014 $2,349 $53,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • r

    Seller's Agent in 2023

    rosemary graham

    The Carter Group LLC, REALTORS

    (901) 239-5747

    4 in this area

    21 Total Sales

    rosemary graham
    Section Image
  • Josie Robinson

    Buyer's Agent in 2023

    Josie Robinson

    Crye-Leike

    (901) 371-6868

    9 in this area

    64 Total Sales

    Josie Robinson
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10148117

Memphis Area Association of REALTORS®

APN: 09-6501-B0-0051

Tennessee Shelby County Cordova 38016

1501 Cedar Mills Dr, Cordova, TN

This home is located at 1501 Cedar Mills Dr, Cordova, TN 38016 since 15 May 2023 and is currently estimated at $417,280, approximately $130 per square foot. This property was built in 1991. 1501 Cedar Mills Dr is a home located in Shelby County with nearby schools including Riverwood Elementary School, Cordova High School, and Cordova Middle School.

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