NOT LISTED FOR SALE

1541 Shippan Cove S Cordova, TN 38016

Cordova Neighborhood

Estimated Value: $246,000 - $257,682

3 Beds
2 Baths
1,671 Sq Ft
$150/Sq Ft Est. Value

Last Sold January 16, 2015

Last sale price $123,000 $74 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $1,451/month

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Separate Formal Living Room
  • Traditional Architecture
  • Whirlpool Bathtub
  • Bonus Room

About This Home

As of January 2015

This is a Fannie Mae HomePath Property. Good looking 3 bedoom 2 bath home with a large great room and a formal dining room. Patio entrance from master bedroom. Huge yard! Bonus Room off kitchen and new paint in and out plus a new roof. This can be a wonderful family home or income property and priced to sell now.

Last Agent to Sell the Property

Jimmie Tapley

Crye-Leike, Inc., REALTORS License #209672 Listed on: 10/02/2014

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Area Mays

KAIZEN Realty, LLC License #314503

KAIZEN Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,423

Year Built

  • Built in 1993

Lot Details

  • 0.3 Acre Lot
  • Wood Fence
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,671 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Some Wood Windows
  • Mud Room
  • Entrance Foyer
  • Separate Formal Living Room
  • Dining Room
  • Den with Fireplace
  • Bonus Room
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Whirlpool Bathtub
  • Separate Shower

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Driveway

Outdoor Features

  • Cove
  • Patio
  • Porch

Location

  • Ground Level

Utilities

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

Community Details

  • River Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 096502 C00004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,423

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Attached Unit Type: Ground Level-Single Story
  • Detached Unit Type: General Residential
  • MLS Map #: 793D
  • MAAR Subdivision Name: RIVER RIDGE
  • List Price Per Sq Ft: 77
  • Number Of Stories: 1
  • Price Per Sq Ft: 73.61
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1671
  • Year Built: 1993
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Luxury Primary Bath
  • Estimated Heated Sq Ft Range: Not Available
  • Bedroom 2 Description: Level 1, Carpet
  • Bedroom 3 Description: Level 1, Shared Bath, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Ventless Gas Fireplace, In Den/Great Room, Gas Starter
  • Floors/Ceilings: Part Carpet, Vinyl Floor, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 2
  • Equipment: Disposal, Cable Wired
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Eat-In Kitchen, Pantry
  • Misc Interior: Walk-In Closet(s), Pull Down Attic Stairs, Mud Room, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Bonus Room, Entry Hall
  • Total Bathrooms: 2
  • Primary Bathroom Description: Whirlpool Tub, Separate Shower, Vaulted/Coffered Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Vaulted/Coffered Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Porch, Patio
  • Exterior Windows: Brick Veneer, Wood/Composition, Wood Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2
  • Parking Storage: Driveway/Pad, Front-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s), 220 Wiring
  • Heating: Central, Gas
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Cove, Wood Fenced
  • Lot Number: 4
  • Acreage: 0.3
  • Lot Size: 13069SF 35.25X163.5IRR
  • Price Per Acre: 430000

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 096502 C00004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2014
Closed on
Jan 16, 2015
Sold by
Fannie Mae
Bought by
Adair Brittnye N
Seller's Agent
Jimmie Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Area Mays
KAIZEN Realty, LLC
List Price
$139,000
Sold Price
$123,000
Premium/Discount to List
-$16,000
-11.51%
Current Estimated Value
$251,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,171
Avg. Annual Appreciation
6.89%
Original Mortgage
$120,772
Outstanding Balance
$93,015
Interest Rate
3.99%
Mortgage Type
FHA
Estimated Equity
$158,156

Purchase Details

Closed on
May 23, 2014
Sold by
Howell Stephen and Howell Rebecca
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 30, 2007
Sold by
Christenson John Allen and Christenson Paige Trenthem
Bought by
Howell Stephen M and Howell Rebecca L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 2001
Sold by
Robertson William and Robertson Joni
Bought by
Christenson John Allen and Christenson Paige Trehthem

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,250
Interest Rate
7.17%

Purchase Details

Closed on
Apr 22, 1998
Sold by
Rodell Kevin J and Rodell Katherine C
Bought by
Robertson William and Robertson Joni

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,135
Interest Rate
7.09%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Adair Brittnye N $123,000 Landcastle Title Llc
Federal National Mortgage Association $125,939 None Available
Howell Stephen M $138,000 Realty Title
Christenson John Allen $145,000 --
Robertson William $132,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adair Brittnye N $120,772
Previous Owner Howell Stephen M $138,000
Previous Owner Christenson John Allen $123,250
Previous Owner Robertson William $131,135
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2015 01/16/15 Sold $123,000 -11.5% $74 / Sq Ft
11/26/2014 11/26/14 Pending -- -- --
10/02/2014 10/02/14 For Sale $139,000 -- $83 / 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 $1,423 $65,050 $12,000 $53,050
2024 $1,423 $41,975 $7,500 $34,475
2023 $2,557 $41,975 $7,500 $34,475
2022 $2,557 $41,975 $7,500 $34,475
2021 $2,587 $41,975 $7,500 $34,475
2020 $2,118 $29,225 $7,500 $21,725
2019 $2,118 $29,225 $7,500 $21,725
2018 $2,118 $29,225 $7,500 $21,725
2017 $1,201 $29,225 $7,500 $21,725
2016 $1,193 $27,300 $0 $0
2014 $1,193 $27,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jimmie Tapley

    Seller's Agent in 2015

    Jimmie Tapley

    Crye-Leike, Inc., REALTORS

    (901) 336-7898

    8 in this area

    259 Total Sales

    Jimmie Tapley
    Section Image
  • Area Mays

    Buyer's Agent in 2015

    Area Mays

    KAIZEN Realty, LLC

    (901) 335-9324

    10 in this area

    361 Total Sales

    Area Mays
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9937173

Memphis Area Association of REALTORS®

APN: 09-6502-C0-0004

Tennessee Shelby County Cordova 38016 Cordova

1541 Shippan Cove S, Cordova, TN

This home is located at 1541 Shippan Cove S, Cordova, TN 38016 since 02 October 2014 and is currently estimated at $251,171, approximately $150 per square foot. This property was built in 1993. 1541 Shippan Cove S 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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