NOT LISTED FOR SALE

1586 Wood Farms Dr Cordova, TN 38016

Estimated Value: $408,983 - $439,000

4 Beds
2.5 Baths
3,200-3,399 Sq Ft
$124/Sq Ft Est. Value

Last Sold June 01, 2021

Last sale price $360,000 $106 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,534/month

17 Days on Market

Highlights

  • Detached Guest House
  • Sitting Area In Primary Bedroom
  • Vaulted Ceiling
  • Second Kitchen
  • Updated Kitchen
  • Traditional Architecture

About This Home

As of June 2021

Wonderful opportunity! 3br + playroom or 4brs. So many upgrades completed! Open, flowing plan. 1br guest home attached!! Huge greatroom open to remodeled kitchen. Separate LR or sitting rm, formal dining & an office all downstairs. Bath remodels down & up! Many systems new or close to new. Inviting backyard w/beautiful trees & landscaping! A must see!

Last Agent to Sell the Property

Sue Stinson-Turner

Crye-Leike, Inc., REALTORS License #22335 Listed on: 04/09/2021

Crye-Leike, Inc., REALTORS

Co-Listed By

Jean Childress

Crye-Leike, Inc., REALTORS License #281594

Last Buyer's Agent

Steve Solomon

Sowell, Realtors License #245174

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,802

Year Built

  • Built in 1988

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 88x150
  • Landscaped
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 3,200-3,399 Sq Ft Home
  • 3,278 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Factory Built Fireplace
  • Some Wood Windows
  • Double Pane Windows
  • Window Treatments
  • Entrance Foyer
  • Great Room
  • Separate Formal Living Room
  • Dining Room
  • Den with Fireplace
  • Bonus Room
  • Attic Access Panel
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Second Kitchen
  • Eat-In Kitchen
  • Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom Upstairs
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Home Security

  • Fire and Smoke Detector
  • Termite Clearance

Parking

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

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Detached Guest House

Community Details

  • Riverwood Farms Phase 2 Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 096502 A00075

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,802

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: 110
  • Number Of Stories: 2
  • Price Per Sq Ft: 109.82
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3278
  • Termite Contract: Yes
  • 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, 1/2 Bath, Laundry Room, Office
  • Additional Bedroom Bathroom Info: All Bedrooms Up, Primary Up, Vaulted/Coffered Primary, Renovated Bathroom, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 3200-3399
  • Bedroom 2 Description: Level 2, Shared Bath, Carpet
  • Bedroom 3 Description: Level 2, Shared Bath, Carpet
  • Bedroom 4 Description: Level 2, Walk-In Closet, Shared Bath, Carpet
  • Bedrooms: 4
  • Fireplace: Prefabricated, In Den/Great Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Double Oven, Cooktop, Disposal, Dishwasher, Microwave, Cable Available
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Great Room, Updated/Renovated Kitchen, Eat-In Kitchen, Island In Kitchen
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Attic Access, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Bonus Room, Separate Guest House, 2nd Kitchen, Entry Hall
  • Total Bathrooms: 2.1
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Vaulted/Coffered Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 2, Walk-In Closet, Full Bath, Sitting Area, Vaulted/Coffered Ceiling, Carpet

Exterior Features

  • Misc Exterior: Porch, Patio, Covered Patio
  • Exterior Windows: Brick Veneer, Wood Window(s), 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), Dual System, 220 Wiring
  • Heating: Central, Gas, Dual System
  • Security: Smoke Detector(s)
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Level, Landscaped
  • Lot Number: 75
  • Acreage: 0.36
  • Lot Size: 88X150
  • Price Per Acre: 999722

Multi Family

  • Number Of Rooms: 11

Tax Info

  • Assessor Parcel Number: 096502 A00075

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2021
Closed on
Jun 1, 2021
Sold by
Jakobi Michael Scanlan
Bought by
Ward Thomas Jeffrey
Seller's Agent
Sue Stinson-Turner
Crye-Leike, Inc., REALTORS
Buyer's Agent
Steve Solomon
Sowell, Realtors
List Price
$359,900
Sold Price
$360,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$422,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,996
Avg. Annual Appreciation
2.82%

Purchase Details

Listed on
May 5, 2016
Closed on
Oct 17, 2016
Sold by
Smith B Rogers and Smith Bonnie M
Bought by
Scanlan Michel
Seller's Agent
Melissa Blume Thompson
eXp Realty
Buyer's Agent
Jean Childress
Crye-Leike, Inc., REALTORS
List Price
$255,000
Sold Price
$235,900
Premium/Discount to List
-$19,100
-7.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.58%
Original Mortgage
$224,105
Interest Rate
3.5%
Mortgage Type
New Conventional
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
Ward Thomas Jeffrey $360,000 Realty Title & Escrow Co Inc
Scanlan Michel $235,900 Realty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scanlan Michel $224,105
Previous Owner Smith Benjamin R $50,000
Previous Owner Smith B Rogers $76,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2021 06/01/21 Sold $360,000 0.0% $113 / Sq Ft
04/26/2021 04/26/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $359,900 +52.6% $112 / Sq Ft
10/17/2016 10/17/16 Sold $235,900 -7.5% $74 / Sq Ft
09/03/2016 09/03/16 Pending -- -- --
05/05/2016 05/05/16 For Sale $255,000 -- $80 / 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 $2,802 $109,050 $18,625 $90,425
2024 -- $82,650 $12,650 $70,000
2023 $5,035 $82,650 $12,650 $70,000
2022 $5,035 $82,650 $12,650 $70,000
2021 $2,242 $82,650 $12,650 $70,000
2020 $4,670 $64,450 $12,650 $51,800
2019 $2,060 $64,450 $12,650 $51,800
2018 $2,060 $64,450 $12,650 $51,800
2017 $1,924 $58,800 $12,650 $46,150
2016 $1,862 $42,600 $0 $0
2014 $1,862 $42,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10096796

Memphis Area Association of REALTORS®

APN: 09-6502-A0-0075