NOT LISTED FOR SALE

1510 Timber Line Cove Cordova, TN 38016

Estimated Value: $191,000 - $237,000

3 Beds
2 Baths
1,542 Sq Ft
$139/Sq Ft Est. Value

Last Sold March 19, 2015

Last sale price $83,000 $54 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $1,304/month

108 Days on Market

Highlights

  • Traditional Architecture
  • Some Wood Windows
  • Eat-In Kitchen
  • Great Room
  • Porch
  • Laundry Room

About This Home

As of March 2015

This is a Fannie Mae HomePath property. Good looking 3 bedroom 2 bath home with a large great room, and an eat in kitchen. New paint and carpet throughout, large lot and all located on a quiet cove. This is close to schools and shopping and priced to sell immediately.

Last Agent to Sell the Property

Jimmie Tapley

Crye-Leike, Inc., REALTORS License #209672 Listed on: 11/24/2014

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Lester Reyes

Trinity Management, LLC License #324155

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,282

Year Built

  • Built in 1977

Lot Details

  • 10,454 Sq Ft Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,542 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Window Treatments
  • Great Room
  • Den with Fireplace
  • Partially Carpeted
  • Laundry Room

Kitchen

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

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Porch
  • Central Heating and Cooling System

Community Details

  • Germantown Glen Sec A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 096900 W00069

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,282

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 793D
  • MAAR Subdivision Name: GERMANTOWN GLEN
  • List Price Per Sq Ft: 55
  • Number Of Stories: 1
  • Price Per Sq Ft: 53.83
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1542
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedroom 2 Description: Level 1, Carpet
  • Bedroom 3 Description: Level 1, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: In Den/Great Room
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Disposal, Dishwasher
  • Living Dining Kitchen: Great Room, Eat-In Kitchen
  • Misc Interior: Excl Some Window Treatmnt
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Level 1, Carpet

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 66
  • Acreage: 0.24
  • Lot Size: 68.05/90 X 155.49/131.15
  • Price Per Acre: 353750

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 096900 W00069

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2014
Closed on
Mar 26, 2015
Sold by
Forster Donna
Bought by
Forster Family Trust
Seller's Agent
Jimmie Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Lester Reyes
Trinity Management, LLC
List Price
$99,900
Sold Price
$83,000
Premium/Discount to List
-$16,900
-16.92%
Total Days on Market
108
Current Estimated Value
$213,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,956
Avg. Annual Appreciation
9.70%
Original Mortgage
$58,100
Outstanding Balance
$23,134
Interest Rate
3.8%
Mortgage Type
Unknown
Estimated Equity
$190,822

Purchase Details

Listed on
Nov 24, 2014
Closed on
Mar 19, 2015
Sold by
Fannie Mae
Bought by
Forster Donna
Seller's Agent
Jimmie Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Lester Reyes
Trinity Management, LLC
List Price
$99,900
Sold Price
$83,000
Premium/Discount to List
-$16,900
-16.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,100
Outstanding Balance
$23,134
Interest Rate
3.8%
Mortgage Type
Unknown
Estimated Equity
$190,822

Purchase Details

Closed on
Aug 26, 2014
Sold by
Grassie V Dean and Grassie Shalene K
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 15, 2008
Sold by
Grassie V Dean
Bought by
Grassie V Dean and Grassie Shalene K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,700
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 29, 2008
Sold by
H & J Properties Llc
Bought by
Grassie V Dean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,200
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 26, 2007
Sold by
Mcdaniel James B and Mcdaniel Mary E
Bought by
Hud

Purchase Details

Closed on
Oct 8, 2002
Sold by
Ramirez Luis Bernardo and Ramirez Dora
Bought by
Mcdaniel James B and Mcdaniel Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,153
Interest Rate
6.21%
Mortgage Type
FHA
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
Forster Family Trust -- None Available
Forster Donna $83,000 None Available
Federal National Mortgage Association $89,147 None Available
Grassie V Dean -- None Available
Grassie V Dean $74,900 None Available
Hud $107,299 None Available
Mcdaniel James B $108,000 First National Financial Tit
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Forster David $58,100
Previous Owner Grassie V Dean $88,700
Previous Owner Grassie V Dean $88,200
Previous Owner Mcdaniel James B $107,153
Previous Owner Ramirez Luis B $94,400
Previous Owner Ramirez Luis Bernardo $40,677
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2015 03/19/15 Sold $83,000 -16.9% $54 / Sq Ft
03/12/2015 03/12/15 Pending -- -- --
11/24/2014 11/24/14 For Sale $99,900 -- $65 / 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 $1,282 $57,150 $12,000 $45,150
2024 $1,282 $37,825 $6,500 $31,325
2023 $2,304 $37,825 $6,500 $31,325
2022 $2,304 $37,825 $6,500 $31,325
2021 $2,331 $37,825 $6,500 $31,325
2020 $1,857 $25,625 $6,500 $19,125
2019 $1,857 $25,625 $6,500 $19,125
2018 $1,857 $25,625 $6,500 $19,125
2017 $1,053 $25,625 $6,500 $19,125
2016 $943 $21,575 $0 $0
2014 $943 $21,575 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9940717

Memphis Area Association of REALTORS®

APN: 09-6900-W0-0069