NOT LISTED FOR SALE

1561 Wood Farms Dr Cordova, TN 38016

Estimated Value: $334,613 - $384,000

4 Beds
3 Baths
3,000-3,199 Sq Ft
$114/Sq Ft Est. Value

Last Sold November 30, 2015

Last sale price $210,500 $66 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,175/month

46 Days on Market

Highlights

  • Updated Kitchen
  • Deck
  • Vaulted Ceiling
  • Fireplace in Primary Bedroom
  • Wooded Lot
  • Traditional Architecture

About This Home

As of November 2015

Renovation galore, almost everything, master bedroom down with fireplace and a salon bath to so much enjoy. Formal entry & formal dining room, office or living room PLUS keeping room off an incredible kitchen with planter window, TWO breakfast bars, what a place to entertain, new stainless steel appliances,granite counters, tile floors. Wonder feeling the second you walk in. Super wide staircase give you a great feeling as well. Private back yard,deck, arbor, 1 year AHS wnty, immediate poss.

Last Agent to Sell the Property

Chet Whitsitt

Crye-Leike, Inc., REALTORS License #208134 Listed on: 09/17/2015

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Katherine Nichols Cook

Marx-Bensdorf, REALTORS License #282062

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,272

Year Built

  • Built in 1988

Lot Details

  • 0.33 Acre Lot
  • Wood Fence
  • Landscaped
  • Level Lot
  • Wooded Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 3,000-3,199 Sq Ft Home
  • 3,050 Sq Ft Home
  • 1.7-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Entrance Foyer
  • Great Room
  • Separate Formal Living Room
  • Dining Room
  • Den with Fireplace
  • 2 Fireplaces
  • Loft
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener

Additional Features

  • Deck
  • Central Heating and Cooling System

Community Details

  • Riverwood Farms Phase 2 Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 096502 A00070

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,272

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 793E
  • MAAR Subdivision Name: RIVERWOOD FARMS PH2
  • List Price Per Sq Ft: 70
  • Number Of Stories: 1.7
  • Price Per Sq Ft: 69.02
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3050
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 1/2 Bath, 1 Bath
  • Second Story Floor Plan: 2nd Bedroom, 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, Separate Tub & Shower, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 3000-3199
  • Bedroom 2 Description: Level 2, Walk-In Closet, Shared Bath, Carpet
  • Bedroom 3 Description: Level 2, Shared Bath, Carpet
  • Bedroom 4 Description: Level 2, Shared Bath, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 1
  • Fireplace: In Den/Great Room, In Primary Bedroom
  • Floors/Ceilings: Wall to Wall Carpet, Part Hardwood, Tile, Smooth Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 3
  • Equipment: Range/Oven, Cooktop, Disposal, Dishwasher, Microwave
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Great Room, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Pantry, Island In Kitchen
  • Misc Interior: All Window Treatments, Walk-In Closet(s)
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Room, Entry Hall, Loft/Balcony
  • Total Bathrooms: 3
  • Primary Bathroom Description: Double Sinks, Separate Shower, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Fireplace, Smooth Ceiling, Carpet

Exterior Features

  • Misc Exterior: Deck, Wooded Grounds, Wood Fence
  • Exterior Windows: Brick Veneer, Double Pane Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Wooded, Some Trees, Level, Landscaped, Wood Fenced
  • Lot Number: 70
  • Acreage: 0.33
  • Lot Size: .336AC100/100.84X152.7/139.71
  • Price Per Acre: 642424

Multi Family

  • Number Of Rooms: 9

Tax Info

  • Assessor Parcel Number: 096502 A00070

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2015
Closed on
Nov 30, 2015
Sold by
Johnson Marla Kim
Bought by
Stansbury Joseph B and Stansbury Trina L
Seller's Agent
Chet Whitsitt
Crye-Leike, Inc., REALTORS
Buyer's Agent
Katherine Nichols Cook
Marx-Bensdorf, REALTORS
List Price
$224,900
Sold Price
$210,500
Premium/Discount to List
-$14,400
-6.4%
Current Estimated Value
$365,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,653
Avg. Annual Appreciation
5.90%
Original Mortgage
$206,686
Outstanding Balance
$165,744
Interest Rate
3.97%
Mortgage Type
FHA
Estimated Equity
$202,959
Source: Public Records

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
Stansbury Joseph B $210,500 Executive Title & Closing In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stansbury Joseph B $206,686
Previous Owner Johnson Marla Kim Willson $108,511
Previous Owner Johnson Marla K $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2015 11/30/15 Sold $210,500 -6.4% $70 / Sq Ft
11/02/2015 11/02/15 Pending -- -- --
09/17/2015 09/17/15 For Sale $224,900 -- $75 / 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 $2,272 $77,875 $18,625 $59,250
2024 $2,272 $67,025 $12,650 $54,375
2023 $4,083 $67,025 $12,650 $54,375
2022 $4,083 $67,025 $12,650 $54,375
2021 $4,131 $67,025 $12,650 $54,375
2020 $3,302 $45,575 $12,650 $32,925
2019 $3,302 $45,575 $12,650 $32,925
2018 $3,302 $45,575 $12,650 $32,925
2017 $1,873 $45,575 $12,650 $32,925
2016 $1,947 $44,550 $0 $0
2014 $1,947 $44,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chet Whitsitt

    Seller's Agent in 2015

    Chet Whitsitt

    Crye-Leike, Inc., REALTORS

    (901) 484-5689

    6 in this area

    29 Total Sales

    Chet Whitsitt
    Section Image
  • Katherine Nichols Cook

    Buyer's Agent in 2015

    Katherine Nichols Cook

    Marx-Bensdorf, REALTORS

    (901) 628-3065

    6 in this area

    86 Total Sales

    Katherine Nichols Cook
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9961408

Memphis Area Association of REALTORS®

APN: 09-6502-A0-0070

Tennessee Shelby County Cordova 38016

1561 Wood Farms Dr, Cordova, TN

This home is located at 1561 Wood Farms Dr, Cordova, TN 38016 since 17 September 2015 and is currently estimated at $365,153, approximately $114 per square foot. This property was built in 1988. 1561 Wood Farms 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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