NOT LISTED FOR SALE

22 Summer Grove Rd S Cordova, TN 38018

Estimated Value: $422,000 - $464,000

5 Beds
3.5 Baths
3,400-3,599 Sq Ft
$122/Sq Ft Est. Value

Last Sold February 27, 2020

Last sale price $308,500 $86 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,578/month

150 Days on Market

Highlights

  • In Ground Pool
  • Deck
  • Wood Flooring
  • Updated Kitchen
  • Traditional Architecture
  • Main Floor Primary Bedroom

About This Home

As of February 2020

Contract failed - Back on the market & Priced to Sell! Wonderful floor plan in this 5BD/3.5BA home located in Riveredge - centrally located & easy commute to almost anywhere in Memphis - Fenced backyard w/in-ground pool - New Pool Polaris & Pump - Irrigation System - Granite in Kitchen & Master BA - Stainless Steel Appliances - Beautiful Wood Floors down stairs - New light fixtures and hardware - HVAC replaced in 2016 - gutter guards - De-Annexed so no city taxes starting in 2020!

Last Agent to Sell the Property

Bob Geabhart

Crye-Leike, Inc., REALTORS License #305442 Listed on: 08/23/2019

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Lisa Harris

Crye-Leike, Inc., REALTORS License #215424

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,709

Year Built

  • Built in 1988

Lot Details

  • 0.38 Acre Lot
  • Wood Fence
  • Landscaped
  • Sprinklers on Timer
  • Few Trees

HOA Fees

  • $17 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 3,400-3,599 Sq Ft Home
  • 3,428 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Fireplace Features Masonry
  • Double Pane Windows
  • Window Treatments
  • Entrance Foyer
  • Living Room with Fireplace
  • Dining Room
  • Play Room
  • Permanent Attic Stairs
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Self-Cleaning Oven
  • Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Side Facing Garage

Pool

  • In Ground Pool
  • Spa
  • Pool Equipment or Cover

Outdoor Features

  • Deck

Utilities

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

Community Details

  • Grove Of Riveredge Phase 2 Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 091116 00322

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,709

Year Built

Built in 1988

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 797C
  • MAAR Subdivision Name: GROVE OF RIVEREDGE PH2
  • List Price Per Sq Ft: 87
  • Number Of Stories: 2
  • Price Per Sq Ft: 89.99
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3428
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom
  • Second Story Floor Plan: 4th or More Bedrooms, 2 or More Baths, Play Room/Rec Room
  • Additional Bedroom Bathroom Info: Primary Down, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 3400-3599
  • Bedrooms: 5
  • Bedrooms Down: 1
  • Fireplace: Masonry, In Living Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, 9 or more Ft. Ceiling
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Self Cleaning Oven, Double Oven, Cooktop, Dishwasher, Microwave, Cable Wired
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Pantry
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Permanent Attic Stairs, Walk-In Attic, Security System, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Play Room, Entry Hall
  • Total Bathrooms: 3.1
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Smooth Ceiling

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Pool Cleaning Equipment, Deck, Hot Tub
  • Exterior Windows: Brick Veneer, Double Pane Window(s)
  • Foundation: Slab
  • Pool Description: In Ground
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Side-Load Garage

Utilities

  • Cooling: Central, Dual System, 220 Wiring
  • Heating: Central, Gas
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 200
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Landscaped, Wood Fenced
  • Lot Number: 55
  • Acreage: 0.38
  • Lot Size: 16598SF96.92/100X183.53/159.93
  • Price Per Acre: 789211

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 091116 00322

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2019
Closed on
Jan 24, 2020
Sold by
Sullivan Jolene
Bought by
Wilson Michael Thomas and Wilson Marlene Marie
Seller's Agent
Bob Geabhart
Crye-Leike, Inc., REALTORS
Buyer's Agent
Lisa Harris
Crye-Leike, Inc., REALTORS
List Price
$319,900
Sold Price
$308,500
Premium/Discount to List
-$11,400
-3.56%
Total Days on Market
150
Current Estimated Value
$440,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,531
Avg. Annual Appreciation
6.97%
Original Mortgage
$302,911
Interest Rate
3.6%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 26, 2016
Closed on
Jul 20, 2016
Sold by
Coulter Jeff C
Bought by
Sullivan Jolene
Seller's Agent
Mindy Wagerman
Marx-Bensdorf, REALTORS
Buyer's Agent
Bob Geabhart
Crye-Leike, Inc., REALTORS
List Price
$259,900
Sold Price
$259,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.86%
Original Mortgage
$255,192
Interest Rate
3.56%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 30, 2011
Sold by
Coulter Jeff C and Coulter Lori A
Bought by
Coulter Jeff C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,665
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 1998
Sold by
Sisk Bart N
Bought by
Coulter Jeff C and Coulter Lori A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
7.14%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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
Wilson Michael Thomas $308,500 Tri State Title Llc
Sullivan Jolene $259,900 Mid South Title Services Llc
Coulter Jeff C -- None Available
Coulter Jeff C $260,000 Southern Escrow Title Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Michael Thomas $301,039
Closed Wilson Michael Thomas $302,911
Previous Owner Sullivan Jolene $255,192
Previous Owner Coulter Jeff C $106,665
Previous Owner Coulter Jeff C $163,500
Previous Owner Coulter Jeff C $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2020 02/27/20 Sold $308,500 +2.9% $91 / Sq Ft
11/14/2019 11/14/19 Price Changed $299,900 -3.2% $88 / Sq Ft
09/25/2019 09/25/19 Price Changed $309,900 -1.6% $91 / Sq Ft
09/10/2019 09/10/19 Price Changed $314,900 -1.6% $93 / Sq Ft
08/23/2019 08/23/19 For Sale $319,900 +23.1% $94 / Sq Ft
07/20/2016 07/20/16 Sold $259,900 0.0% $76 / Sq Ft
07/05/2016 07/05/16 Pending -- -- --
04/26/2016 04/26/16 For Sale $259,900 -- $76 / 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 $2,709 $121,600 $19,750 $101,850
2024 $2,709 $79,925 $16,450 $63,475
2023 $2,709 $79,925 $16,450 $63,475
2022 $2,709 $79,925 $16,450 $63,475
2021 $2,757 $79,925 $16,450 $63,475
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10060442

Memphis Area Association of REALTORS®

APN: D0-220Y-A0-0041