NOT LISTED FOR SALE

1516 Pemberton Ln Cordova, TN 38016

Gray's Creek Neighborhood

Estimated Value: $221,000 - $254,000

3 Beds
2 Baths
1,200-1,399 Sq Ft
$169/Sq Ft Est. Value

Last Sold April 28, 2022

Last sale price $195,000 $139 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,459/month

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Eat-In Kitchen
  • 1 Fireplace
  • 2 Car Attached Garage
  • Patio

About This Home

As of April 2022

This home is located at 1516 Pemberton Ln, Cordova, TN 38016 since 27 April 2022 and is currently estimated at $237,064, approximately $197 per square foot. This property was built in 2009. 1516 Pemberton Ln is a home located in Shelby County with nearby schools including Macon-Hall Elementary School, Mt. Pisgah Middle School, and Bolton High School.

Last Agent to Sell the Property

Jennifer Brown

Crye-Leike, Inc., REALTORS License #323795 Listed on: 04/27/2022

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Jennifer Brown

Crye-Leike, Inc., REALTORS License #323795 Listed on: 04/27/2022

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2009

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60 x 125
  • Wood Fence

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,308 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Separate Formal Living Room
  • Eat-In Kitchen

Flooring

  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • Sutton Place Pd Ph 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number D0209A B00031

Home Details

Home Type

Single Family

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 794A
  • MAAR Subdivision Name: SUTTON PLACE PH2
  • List Price Per Sq Ft: 149
  • Number Of Stories: 1
  • Price Per Sq Ft: 149.08
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1308
  • Year Built: 2009
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Eat-In Kitchen
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Wood Fenced
  • Lot Number: 122
  • Acreage: 0.17
  • Lot Size: 60 X 125
  • Price Per Acre: 1147059

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: D0209A B00031

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 12, 2009
Sold by
Irongate Homes Llc
Bought by
Schwartz Janet K
Total Days on Market
0
Current Estimated Value
$237,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,908
Outstanding Balance
$71,340
Interest Rate
4.93%
Mortgage Type
FHA
Estimated Equity
$165,724

Purchase Details

Closed on
May 21, 2009
Sold by
Forest Road Partners Llc
Bought by
Iron Gate Homes Llc

Purchase Details

Closed on
Sep 4, 2007
Sold by
Bowden Building Corp
Bought by
Forest Road Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$783,500
Interest Rate
6.65%
Mortgage Type
Commercial
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
Schwartz Janet K $109,900 Tam Title & Escrow Llc
Iron Gate Homes Llc -- Tam Title & Escrow Llc
Forest Road Partners Llc $774,000 Tam Title & Escrow Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schwartz Janet K $107,908
Closed Schwartz Janet K $3,847
Previous Owner Forest Road Partners Llc $783,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2022 04/28/22 Sold $195,000 0.0% $163 / Sq Ft
04/27/2022 04/27/22 Pending -- -- --
04/27/2022 04/27/22 For Sale $195,000 -- $163 / 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 -- $62,600 $15,250 $47,350
2024 -- $46,900 $10,250 $36,650
2023 $1,590 $46,900 $10,250 $36,650
2022 $1,590 $46,900 $10,250 $36,650
2021 $1,618 $46,900 $10,250 $36,650
2020 $1,357 $33,500 $10,250 $23,250
2019 $1,357 $33,500 $10,250 $23,250
2018 $1,357 $33,500 $10,250 $23,250
2017 $1,377 $33,500 $10,250 $23,250
2016 $1,390 $31,800 $0 $0
2014 $1,390 $31,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Brown

    Seller's Agent in 2022

    Jennifer Brown

    Crye-Leike

    (901) 483-0605

    2 in this area

    63 Total Sales

    Jennifer Brown
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10122577

Memphis Area Association of REALTORS®

APN: D0-209A-B0-0031

Tennessee Shelby County Cordova 38016 Gray's Creek

1516 Pemberton Ln, Cordova, TN

This home is located at 1516 Pemberton Ln, Cordova, TN 38016 since 27 April 2022 and is currently estimated at $237,064, approximately $169 per square foot. This property was built in 2009. 1516 Pemberton Ln is a home located in Shelby County with nearby schools including Macon-Hall Elementary School, Mt. Pisgah Middle School, and Bolton High School.

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