NOT LISTED FOR SALE

2245 Wellspring Ln Cordova, TN 38016

Estimated Value: $320,941 - $382,000

4 Beds
2 Baths
1,600-1,799 Sq Ft
$192/Sq Ft Est. Value

Last Sold April 18, 2018

Last sale price $220,900 $123 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,121/month

16 Days on Market

Highlights

  • Newly Remodeled
  • Landscaped Professionally
  • Traditional Architecture
  • Updated Kitchen
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of April 2018

This home is located at 2245 Wellspring Ln, Cordova, TN 38016 since 01 April 2018 and is currently estimated at $345,235, approximately $215 per square foot. This property was built in 2018. 2245 Wellspring Ln is a home located in Shelby County with nearby schools including Chimneyrock Elementary School, Mt. Pisgah Middle School, and Germantown High School.

Last Agent to Sell the Property

Mary Martin

Regency Realty, LLC License #324816 Listed on: 04/01/2018

Last Buyer's Agent

Melanie Bolden

Mustard Seed Realty Group License #279247

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,040

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 70.19 x 125
  • Wood Fence
  • Landscaped Professionally

HOA Fees

  • $20 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,771 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Gas Fireplace
  • Double Pane Windows
  • Great Room
  • Combination Dining and Living Room
  • Den with Fireplace
  • Laundry Room
  • Attic

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Home Security

  • Burglar Security System
  • Fire and Smoke Detector

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number D0209S B00052

Community Details

Overview

  • Fountain Brook Pd Ph I Pt Of Areas A D Subdivision
  • Mandatory home owners association

Security

  • Building Fire Alarm

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,040

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

HOA Fees

$20 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 793B
  • MAAR Subdivision Name: FOUNTAIN BROOK PH1
  • List Price Per Sq Ft: 125
  • Number Of Stories: 2
  • Price Per Sq Ft: 124.73
  • Prop Construction Status: New Construction (Never Occupied)
  • Estimated Sq Ft: 1771
  • Year Built: 2018
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Laundry Room
  • Second Story Floor Plan: 4th or More Bedrooms
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Vaulted/Coffered Primary, Split Bedroom Plan, Renovated Bathroom, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Full Bath Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 1, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 3 Description: Level 2, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 4 Description: Level 2, Smooth Ceiling, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 3
  • Fireplace: Ventless Gas Fireplace, In Den/Great Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave
  • Living Dining Kitchen: Great Room, LR/DR Combination, Updated/Renovated Kitchen, Breakfast Bar, Pantry, Island In Kitchen
  • Misc Interior: Walk-In Closet(s), Walk-In Attic, Security System, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Attic
  • Total Bathrooms: 2
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Vaulted/Coffered Ceiling, Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Vaulted/Coffered Ceiling, Smooth Ceiling, Carpet

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer, Double Pane Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2
  • Parking Storage: Garage Door Opener(s), Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Burglar Alarm, Fire Alarm
  • Water Sewer: Gas Water Heater

Association/Amenities

  • Annual Association Fee: 240
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Professionally Landscaped, Wood Fenced
  • Lot Number: 52
  • Acreage: 0.2
  • Lot Size: 70.19 X 125
  • Price Per Acre: 1104500

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: D0209S B00052

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2018
Closed on
Apr 18, 2018
Sold by
Regency Homebuilders Llc
Bought by
Parris Floyd and Parris Timika Jefferson
Seller's Agent
Mary Martin
Regency Realty, LLC
Buyer's Agent
Melanie Bolden
Mustard Seed Realty Group
List Price
$220,900
Sold Price
$220,900
Total Days on Market
16
Current Estimated Value
$345,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,335
Avg. Annual Appreciation
6.43%
Original Mortgage
$216,898
Outstanding Balance
$188,367
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$156,868

Purchase Details

Closed on
May 13, 2011
Sold by
Investment Properties Llc
Bought by
Richland Holdings Llc

Purchase Details

Closed on
Mar 29, 2011
Sold by
Cadence Bank
Bought by
Investment Properties Llc

Purchase Details

Closed on
Sep 20, 2010
Sold by
Fountain Brook Llc
Bought by
Cadence Bank Na
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
Parris Floyd $220,900 Multiple
Richland Holdings Llc -- None Available
Investment Properties Llc $61,450 None Available
Cadence Bank Na $1,609,213 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parrish Floyd $8,360
Open Parrish Floyd $13,637
Closed Parrish Floyd $4,674
Open Parrish Floyd $24,364
Open Parris Floyd $216,898
Previous Owner Regency Homebuilders Llc $171,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2018 04/18/18 Sold $220,900 0.0% $138 / Sq Ft
04/17/2018 04/17/18 Pending -- -- --
04/01/2018 04/01/18 For Sale $220,900 -- $138 / 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 $2,040 $79,675 $18,750 $60,925
2024 $2,040 $60,175 $12,150 $48,025
2023 $2,040 $60,175 $12,150 $48,025
2022 $2,040 $60,175 $12,150 $48,025
2021 $2,076 $60,175 $12,150 $48,025
2020 $1,973 $48,725 $12,150 $36,575
2019 $1,973 $48,725 $12,150 $36,575
2018 $570 $14,075 $12,150 $1,925
2017 $499 $12,150 $12,150 $0
2016 $229 $5,250 $0 $0
2014 $229 $5,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mary Martin

    Seller's Agent in 2018

    Mary Martin

    Regency Realty, LLC

    (901) 605-6042

    18 in this area

    218 Total Sales

    Mary Martin
    Section Image
  • Melanie Bolden

    Buyer's Agent in 2018

    Melanie Bolden

    Mustard Seed Realty Group

    (662) 209-1913

    3 in this area

    43 Total Sales

    Melanie Bolden
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10025111

Memphis Area Association of REALTORS®

APN: D0-209S-B0-0052

Tennessee Shelby County Cordova 38016

2245 Wellspring Ln, Cordova, TN

This home is located at 2245 Wellspring Ln, Cordova, TN 38016 since 01 April 2018 and is currently estimated at $345,235, approximately $191 per square foot. This property was built in 2018. 2245 Wellspring Ln is a home located in Shelby County with nearby schools including Chimneyrock Elementary School, Mt. Pisgah Middle School, and Germantown High School.

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