NOT LISTED FOR SALE

1607 Far Dr Cordova, TN 38016

Estimated Value: $288,000 - $311,000

4 Beds
2.5 Baths
2,200-2,399 Sq Ft
$125/Sq Ft Est. Value

Last Sold February 20, 2020

Last sale price $205,000 $85 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,792/month

33 Days on Market

Highlights

  • Above Ground Pool
  • Main Floor Primary Bedroom
  • Separate Formal Living Room
  • Traditional Architecture
  • 1 Fireplace
  • Tile Flooring

About This Home

As of February 2020

Please note that the advertised price may exclude additional fees. These include a mandatory $55 application fee per applicant; a one-time $75 admin fee; a $7 monthly utility management fee; fees for amenities like smart home or internet service; and optional conditional fees for services like self-guided tours with third-party provider Rently ($1.99 to $11.99), pet fees/rent, or pool maintenance, if applicable. HOA application and amenity fees, where applicable, are paid directly to the HOA.

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4 bedroom, 2. 5 bathroom rental home in Cordova, TN, may be just the home for you.

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This property allows self guided viewing without an appointment. Contact for details.

Last Agent to Sell the Property

Itzel Sanchez Bustamante

Keller Williams License #333024 Listed on: 12/18/2019

Keller Williams

Last Buyer's Agent

Marshall Casselman

eXp Realty, LLC License #304211

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,737

Year Built

  • Built in 2002

Lot Details

  • 8,276 Sq Ft Lot
  • Wood Fence
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,200-2,399 Sq Ft Home
  • 2,096 Sq Ft Home
  • 1.5-Story Property
  • 1 Fireplace
  • Separate Formal Living Room
  • Dining Room
  • Tile Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main

Parking

  • 2 Car Garage
  • Garage Door Opener

Additional Features

  • Above Ground Pool
  • Central Heating and Cooling System

Community Details

  • Lee Line Farms Pd Ph 5 Pt Area A& B Subdivision

Listing and Financial Details

  • Assessor Parcel Number D0209B C00029

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,737

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 793B
  • MAAR Subdivision Name: LEE LINE FARMS PH5
  • List Price Per Sq Ft: 103
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 97.81
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2096
  • Year Built: 2002
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: Primary Down
  • Estimated Heated Sq Ft Range: 2200-2399
  • Bedrooms: 4
  • Bedrooms Down: 1
  • Floors/Ceilings: Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2.1

Exterior Features

  • Misc Exterior: Wood Fence, Sidewalks
  • Pool Description: Above Ground

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Garage Door Opener(s)

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 298
  • Acreage: 0.19
  • Lot Size: 8280 SF 69 X 120
  • Price Per Acre: 1131579

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: D0209B C00029

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2020
Sold by
Fkh Sfr Propco A Lp
Bought by
Cerberus Sfr Holdings Ii Lp
Current Estimated Value
$302,188

Purchase Details

Listed on
Dec 18, 2019
Closed on
Feb 20, 2020
Sold by
Polazzo Jorge
Bought by
Cerberus Sfr Holdings Iii Lp
Seller's Agent
Itzel Sanchez Bustamante
Keller Williams
Buyer's Agent
Marshall Casselman
eXp Realty, LLC
List Price
$215,000
Sold Price
$205,000
Premium/Discount to List
-$10,000
-4.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.23%

Purchase Details

Closed on
Aug 20, 2014
Sold by
Colon Wander N
Bought by
Polazzo Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,826
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 13, 2009
Sold by
Fannie Mae
Bought by
Colon Wander N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,917
Interest Rate
5.07%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 27, 2008
Sold by
Jackson Thomas M
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 15, 2003
Sold by
Classic Construction Llc
Bought by
Jackson Thomas M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.16%

Purchase Details

Closed on
Apr 24, 2002
Sold by
Califf Cary R
Bought by
Classic Construction Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.07%
Mortgage Type
Construction
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
Cerberus Sfr Holdings Ii Lp -- Os National Llc
Cerberus Sfr Holdings Iii Lp $205,000 Summit Title & Escrow Llc
Polazzo Jorge $120,000 None Available
Colon Wander N $115,000 West Tennessee Title
Federal National Mortgage Association $154,510 None Available
Jackson Thomas M $160,000 --
Classic Construction Llc $35,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Polazzo Jorge A $16,000
Previous Owner Polazzo Jorge $117,826
Previous Owner Colon Wander N $112,917
Previous Owner Jackson Thomas M $160,000
Previous Owner Classic Construction Llc $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2025 03/16/25 Off Market $2,030 -- --
02/27/2025 02/27/25 Price Changed $2,030 -3.1% $1 / Sq Ft
02/20/2025 02/20/25 Price Changed $2,095 -2.8% $1 / Sq Ft
02/10/2025 02/10/25 Price Changed $2,155 -5.5% $1 / Sq Ft
02/07/2025 02/07/25 For Rent $2,280 0.0% --
02/20/2020 02/20/20 Sold $205,000 -4.7% $93 / Sq Ft
01/20/2020 01/20/20 Pending -- -- --
12/18/2019 12/18/19 For Sale $215,000 -- $98 / 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 $1,737 $77,050 $15,500 $61,550
2024 $1,737 $51,250 $9,100 $42,150
2023 $1,737 $51,250 $9,100 $42,150
2022 $1,737 $51,250 $9,100 $42,150
2021 $1,962 $56,875 $9,100 $47,775
2020 $1,635 $40,375 $9,100 $31,275
2019 $1,635 $40,375 $9,100 $31,275
2018 $1,635 $40,375 $9,100 $31,275
2017 $1,659 $40,375 $9,100 $31,275
2016 $1,576 $36,075 $0 $0
2014 $1,576 $36,075 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10067849

Memphis Area Association of REALTORS®

APN: D0-209B-C0-0029