NOT LISTED FOR SALE

2246 Wellspring Ln Cordova, TN 38016

Cordova Neighborhood

Estimated Value: $392,646 - $423,000

4 Beds
2.5 Baths
2,600-2,799 Sq Ft
$147/Sq Ft Est. Value

Last Sold October 16, 2018

Last sale price $305,809 $109 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,386/month

Highlights

  • Built in 2018 | Newly Remodeled
  • Vaulted Ceiling
  • Wood Flooring
  • Landscaped Professionally
  • Traditional Architecture
  • Main Floor Primary Bedroom

About This Home

As of October 2018

Emmerson plan features an open concept space with hardwood floors & vaulted ceiling. The kitchen features custom cabinets, granite counters & stainless appliances. The large breakfast bar opens the kitchen to the breakfast area & great room. Master Suite is down with vaulted ceiling, walk through shower, double sinks & Whirlpool. Large 4th bedroom could be used as rec room and covered patio offers extra living space.

Last Agent to Sell the Property

Edwin Scruggs

BHHS Taliesyn Realty License #258919 Listed on: 09/17/2018

BHHS Taliesyn Realty

Last Buyer's Agent

Enarn Malvezzi

Regency Realty, LLC License #332661

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 0.32 Acre Lot
  • Wood Fence
  • Landscaped Professionally
  • Level Lot

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,600-2,799 Sq Ft Home
  • 2,723 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Entrance Foyer
  • Great Room
  • Dining Room
  • Den with Fireplace
  • Attic Access Panel
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 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 Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Porch

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Cable TV Available

Community Details

  • Fountain Brook Pd Ph I Pt Of Areas A D Subdivision

Listing and Financial Details

  • Assessor Parcel Number D0209S B00092

Home Details

Home Type

Single Family

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: FOUNTAIN BROOK PH1
  • List Price Per Sq Ft: 110
  • Number Of Stories: 2
  • Prop Construction Status: New Construction (Never Occupied)
  • Estimated Sq Ft: 2723
  • 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, 2 or More Baths, Laundry Room
  • Second Story Floor Plan: 3rd Bedroom, 4th or More Bedrooms, 1 Bath
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Vaulted/Coffered Primary, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Full Bath Down
  • Estimated Heated Sq Ft Range: 2600-2799
  • Bedroom 2 Description: Level 1, Walk-In Closet, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 3 Description: Level 2, Walk-In Closet, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 4 Description: Level 2, Shared Bath, Smooth Ceiling, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 1
  • 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
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave, Cable Wired
  • Living Dining Kitchen: Separate Dining Room, Great Room, Eat-In Kitchen, Breakfast Bar, Pantry
  • Misc Interior: Walk-In Closet(s), Attic Access, Walk-In Attic, Security System, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Entry Hall, Attic
  • 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: Porch, Patio, Well Landscaped Grounds, Wood Fence
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

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

Utilities

  • Cooling: Central, Ceiling Fan(s), Dual System
  • Heating: Central, Dual System
  • Security: Smoke Detector(s), Dead Bolt Lock(s)
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Level, Professionally Landscaped, Wood Fenced
  • Lot Number: 92
  • Acreage: 0.32
  • Lot Size: 70 X 190.06 IRR

Tax Info

  • Assessor Parcel Number: D0209S B00092

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2018
Closed on
Oct 16, 2018
Sold by
Regency Homebuilders Llc
Bought by
Williamson James A and Williamson Sandra
Seller's Agent
Edwin Scruggs
BHHS Taliesyn Realty
Buyer's Agent
Enarn Malvezzi
Regency Realty, LLC
List Price
$300,500
Sold Price
$305,809
Premium/Discount to List
$5,309
1.77%
Current Estimated Value
$410,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,103
Avg. Annual Appreciation
4.19%
Original Mortgage
$299,669
Outstanding Balance
$267,231
Interest Rate
5.62%
Mortgage Type
FHA
Estimated Equity
$143,681

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Williamson James A $305,009 Memphis Title Co
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 Williamson James A $299,669
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2018 10/16/18 Sold $305,809 +1.8% $118 / Sq Ft
09/17/2018 09/17/18 Pending -- -- --
09/17/2018 09/17/18 For Sale $300,500 -- $116 / 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 $2,711 $105,000 $18,750 $86,250
2024 $2,711 $79,975 $12,150 $67,825
2023 $2,711 $79,975 $12,150 $67,825
2022 $2,711 $79,975 $12,150 $67,825
2021 $3,239 $79,975 $12,150 $67,825
2020 $2,648 $65,375 $12,150 $53,225
2019 $2,648 $65,375 $12,150 $53,225
2018 $492 $12,150 $12,150 $0
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

  • Edwin Scruggs

    Seller's Agent in 2018

    Edwin Scruggs

    BHHS Taliesyn Realty

    (901) 466-4012

    19 in this area

    111 Total Sales

    Edwin Scruggs
    Section Image
  • Enarn Malvezzi

    Buyer's Agent in 2018

    Enarn Malvezzi

    Regency Realty, LLC

    (901) 848-0525

    17 in this area

    231 Total Sales

    Enarn Malvezzi
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10036698

Memphis Area Association of REALTORS®

APN: D0-209S-B0-0092

Tennessee Shelby County Memphis 38016 Cordova

2246 Wellspring Ln, Memphis, TN

Not Listed for Sale

Detached

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