NOT LISTED FOR SALE

1603 Tern Rest Cove Cordova, TN 38016

Cordova Neighborhood

Estimated Value: $329,000 - $357,000

4 Beds
3.5 Baths
2,600-2,799 Sq Ft
$121/Sq Ft Est. Value

Last Sold February 21, 2020

Last sale price $140,000 $50 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $1,983/month

6 Days on Market

Highlights

  • Updated Kitchen
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Deck
  • Wood Flooring
  • Whirlpool Bathtub

About This Home

As of February 2020

This is a Short Sale Attempt – Wonderful 4 bedrooms, 2.5 baths home with 2 car garage, Great room, large kitchen, dining room. Tons of space. Occupied, please do not disturb. NO showing without accepted contract. Terms subject to lender approval. Needs repairs

Last Agent to Sell the Property

Eric Crutcher

Doorstep Realty License #317561 Listed on: 12/24/2019

Last Buyer's Agent

Eric Crutcher

Doorstep Realty License #317561 Listed on: 12/24/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,163

Year Built

  • Built in 1993

Lot Details

  • 0.37 Acre Lot
  • Landscaped
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,600-2,799 Sq Ft Home
  • 2,664 Sq Ft Home
  • 1.2-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Separate Formal Living Room
  • Breakfast Room
  • Dining Room
  • Bonus Room
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Double Self-Cleaning Oven
  • Gas Cooktop
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • En-Suite Bathroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall
  • Window or Skylight in Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

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

Outdoor Features

  • Cove
  • Deck
  • Covered Patio or Porch

Utilities

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

Community Details

  • Hunters Hollows Section H 6 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 096505 C00007

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,163

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 792F
  • MAAR Subdivision Name: HUNTERS HOLLOW SEC H-6
  • List Price Per Sq Ft: 68
  • Number Of Stories: 1.2
  • Price Per Sq Ft: 52.55
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2664
  • Year Built: 1993
  • Special Features: 12
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1/2 Bath, Laundry Room, Breakfast Room
  • Second Story Floor Plan: 4th or More Bedrooms, 1 Bath
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Sky Light(s) in Bath, Half Bath Down
  • Estimated Heated Sq Ft Range: 2600-2799
  • Bedroom 2 Description: Carpet, Level 1
  • Bedroom 3 Description: Carpet, Level 1
  • Bedroom 4 Description: Carpet, Level 2, Private Half Bath, Walk-In Closet
  • Bedrooms: 4
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Equipment: Self Cleaning Oven, Double Oven, Cooktop, Gas Cooking, Disposal, Dishwasher, Cable Available
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Updated/Renovated Kitchen, Eat-In Kitchen, Pantry, Island In Kitchen, Washer/Dryer Connections
  • Misc Interior: Walk-In Closet(s), Pull Down Attic Stairs, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Bonus Room, Attic
  • Total Bathrooms: 3.1
  • Primary Bathroom Description: Double Sinks, Separate Shower, Tile Floor, Whirlpool Tub
  • P R I M A R Y B E D R O O M: Carpet, Full Bath, Level 1, Walk-In Closet

Exterior Features

  • Misc Exterior: Covered Patio, Deck
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

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

Utilities

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

Lot Info

  • Lot Description: Some Trees, Cove, Landscaped
  • Lot Number: 585
  • Acreage: 0.37
  • Lot Size: 16150SF 39.3X125.09IRR
  • Price Per Acre: 486486

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 096505 C00007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2020
Sold by
Reinvestments Company Llc
Bought by
Milam Kimberly Renee
Current Estimated Value
$340,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,250
Outstanding Balance
$185,831
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$154,243

Purchase Details

Listed on
Dec 24, 2019
Closed on
Feb 21, 2020
Sold by
Raven Jewitt Raven Jewitt
Bought by
Reinvestment Company Llc
Seller's Agent
Eric Crutcher
Doorstep Realty
Buyer's Agent
Eric Crutcher
Doorstep Realty
List Price
$230,000
Sold Price
$140,000
Premium/Discount to List
-$90,000
-39.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.14%
Original Mortgage
$175,000
Interest Rate
10%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 30, 2005
Sold by
Gonda Philip A and Gonda Aimee Christine
Bought by
Jewitt Raven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,876
Interest Rate
9.8%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 17, 2000
Sold by
Woodall Michael L
Bought by
Gonda Phillip A and Gonda Aimee Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,500
Interest Rate
8.12%

Purchase Details

Closed on
May 23, 1996
Sold by
Pieper Steven Anthony
Bought by
Woodall Michael L and Woodall Cynthia C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
7.93%
Source: Public Records

Range of Values:

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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
Milam Kimberly Renee $245,000 Preferred Title & Escrow Ins
Reinvestment Company Llc $140,000 None Available
Jewitt Raven $193,596 Assured Escrow & Title
Gonda Phillip A $190,000 Southern Escrow Title Compan
Woodall Michael L $169,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Milam Kimberly Renee $208,250
Previous Owner Reinvestment Company Llc $175,000
Previous Owner Jewitt Raven $154,876
Previous Owner Gonda Phillip A $180,500
Previous Owner Woodall Michael L $171,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2020 02/21/20 Sold $140,000 -22.2% $54 / Sq Ft
12/30/2019 12/30/19 Price Changed $180,000 -21.7% $69 / Sq Ft
12/24/2019 12/24/19 For Sale $230,000 -- $88 / 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 $2,163 $90,125 $16,450 $73,675
2024 $2,163 $63,800 $10,450 $53,350
2023 $3,886 $63,800 $10,450 $53,350
2022 $3,886 $63,800 $10,450 $53,350
2021 $3,932 $63,800 $10,450 $53,350
2020 $3,478 $48,000 $10,450 $37,550
2019 $1,534 $48,000 $10,450 $37,550
2018 $1,534 $48,000 $10,450 $37,550
2017 $1,570 $48,000 $10,450 $37,550
2016 $1,832 $41,925 $0 $0
2014 $1,832 $41,925 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Eric Crutcher

    Seller's Agent in 2020

    Eric Crutcher

    Doorstep Realty

    (901) 212-2414

    7 in this area

    99 Total Sales

    Eric Crutcher
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10068035

Memphis Area Association of REALTORS®

APN: 09-6505-C0-0007

Tennessee Shelby County Cordova 38016 Cordova

1603 Tern Rest Cove, Cordova, TN

This home is located at 1603 Tern Rest Cove, Cordova, TN 38016 since 24 December 2019 and is currently estimated at $340,074, approximately $121 per square foot. This property was built in 1993. 1603 Tern Rest Cove is a home located in Shelby County with nearby schools including Riverwood Elementary School, Cordova Middle School, and Cordova High School.

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