NOT LISTED FOR SALE

2255 Wellspring Ln Cordova, TN 38016

Estimated Value: $355,975 - $381,000

4 Beds
3 Baths
2,000-2,199 Sq Ft
$167/Sq Ft Est. Value

Last Sold March 10, 2020

Last sale price $275,000 $125 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,261/month

2 Days on Market

Highlights

  • Updated Kitchen
  • Vaulted Ceiling
  • Wood Flooring
  • Landscaped Professionally
  • Traditional Architecture
  • Main Floor Primary Bedroom

About This Home

As of March 2020

Features an open concept living space with hardwood floors and vaulted ceilings. 2' wood blinds throughout. The gourmet eat-in kitchen features custom cabinets, granite counters & stainless appliances. Refrigerator to remain. Real wood floors with smooth ceilings. Split bedroom floor plan, master suite with vaulted ceiling, walk through shower, double sinks & Whirlpool, 4th bedroom rec room upstairs with full bathroom. Wonderful covered patio with fenced yard. Walk in Attic. No City TAXES!!

Last Agent to Sell the Property

Kelly Erb

Marx-Bensdorf, REALTORS License #327414 Listed on: 02/12/2020

Co-Listed By

Sheldon Rosengarten

Marx-Bensdorf, REALTORS License #53193

Last Buyer's Agent

Jane Riggen

MidSouth Residential, LLC License #271584

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,305

Year Built

  • Built in 2017

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 70 x 125
  • Wood Fence
  • Landscaped Professionally
  • Level Lot

HOA Fees

  • $42 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,000-2,199 Sq Ft Home
  • 2,104 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Window Treatments
  • Two Story Entrance Foyer
  • Great Room
  • Breakfast Room
  • Den with Fireplace
  • Laundry Room
  • Attic

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Oven or Range
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • 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
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Home Security

  • Burglar Security System
  • Fire and Smoke Detector
  • Termite Clearance

Parking

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

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number D0209S B00050

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,305

Year Built

Built in 2017

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Berryhill
  • MLS Map #: 793B
  • MAAR Subdivision Name: FOUNTAIN BROOK PH1
  • List Price Per Sq Ft: 135
  • Number Of Stories: 2
  • Price Per Sq Ft: 130.7
  • Prop Construction Status: Existing Property
  • Planned Unit Development: Yes
  • Estimated Sq Ft: 2104
  • Termite Contract: Yes
  • Year Built: 2017
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, 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, Vaulted/Coffered Primary, Split Bedroom Plan, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Full Bath Down
  • Estimated Heated Sq Ft Range: 2000-2199
  • Bedroom 2 Description: Level 1, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 3 Description: Level 1, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 4 Description: Level 2, Shared Bath, 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, Two Story Foyer
  • Full Bathrooms: 3
  • Equipment: Range/Oven, Gas Cooking, Disposal, Dishwasher, Microwave, Refrigerator, Cable Wired
  • Living Dining Kitchen: Great Room, Updated/Renovated Kitchen, Breakfast Bar, Separate Breakfast Room, Pantry
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Walk-In Attic, Security System, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Entry Hall, Attic
  • Total Bathrooms: 3
  • 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: Covered Patio, Well Landscaped Grounds, Sidewalks
  • Exterior Windows: Brick Veneer, Double Pane Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

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

Utilities

  • Cooling: Central, Ceiling Fan(s), 220 Wiring
  • Heating: Central
  • Security: Burglar Alarm, Smoke Detector(s), Dead Bolt Lock(s)
  • Water Sewer: Gas Water Heater

Association/Amenities

  • Annual Association Fee: 500

Lot Info

  • Lot Description: Level, Professionally Landscaped, Wood Fenced
  • Lot Number: 50
  • Acreage: 0.2
  • Lot Size: 70 X 125
  • Price Per Acre: 1425000

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: D0209S B00050

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2020
Closed on
Mar 13, 2020
Sold by
Sloas Pamela J
Bought by
Tucker Olivia C
Seller's Agent
Kelly Erb
Marx-Bensdorf, REALTORS
Buyer's Agent
Jane Riggen
MidSouth Residential, LLC
List Price
$285,000
Sold Price
$275,000
Premium/Discount to List
-$10,000
-3.51%
Current Estimated Value
$370,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,148
Avg. Annual Appreciation
5.47%
Original Mortgage
$264,306
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 4, 2017
Closed on
Aug 25, 2017
Sold by
Regency Homebuilders Llc
Bought by
Sloas Pamela J
Seller's Agent
Edwin Scruggs
BHHS Taliesyn Realty
Buyer's Agent
Kelly Erb
Marx-Bensdorf, REALTORS
List Price
$239,900
Sold Price
$239,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.52%
Original Mortgage
$235,554
Interest Rate
4.12%
Mortgage Type
FHA

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:

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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
Tucker Olivia C $275,000 Mid South Title Services Llc
Sloas Pamela J $239,900 Fntg
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 Tucker Olivia C $63,200
Open Tucker Olivia C $266,388
Closed Tucker Olivia C $264,306
Previous Owner Sloas Pamela J $235,554
Previous Owner Regency Hombuilders Llc $184,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2020 03/10/20 Sold $275,000 -3.5% $138 / Sq Ft
02/14/2020 02/14/20 Pending -- -- --
02/12/2020 02/12/20 For Sale $285,000 +18.8% $143 / Sq Ft
08/25/2017 08/25/17 Sold $239,900 0.0% $120 / Sq Ft
07/06/2017 07/06/17 Pending -- -- --
05/04/2017 05/04/17 For Sale $239,900 -- $120 / 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 $2,305 $90,550 $18,750 $71,800
2024 $2,305 $68,000 $12,150 $55,850
2023 $2,305 $68,000 $12,150 $55,850
2022 $2,305 $68,000 $12,150 $55,850
2021 $2,754 $68,000 $12,150 $55,850
2020 $2,124 $52,450 $12,150 $40,300
2019 $2,124 $52,450 $12,150 $40,300
2018 $2,124 $52,450 $12,150 $40,300
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

  • Kelly Erb

    Seller's Agent in 2020

    Kelly Erb

    Marx-Bensdorf, REALTORS

    (901) 355-3830

    4 in this area

    128 Total Sales

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  • Sheldon Rosengarten

    Seller Co-Listing Agent in 2020

    Sheldon Rosengarten

    Marx-Bensdorf, REALTORS

    (901) 755-5222

    11 in this area

    203 Total Sales

    Section Image
  • Jane Riggen

    Buyer's Agent in 2020

    Jane Riggen

    MidSouth Residential, LLC

    (901) 674-3642

    67 Total Sales

    Section Image
  • Edwin Scruggs

    Seller's Agent in 2017

    Edwin Scruggs

    BHHS Taliesyn Realty

    (901) 466-4012

    20 in this area

    123 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10070738

Memphis Area Association of REALTORS®

APN: D0-209S-B0-0050

Tennessee Shelby County Cordova 38016

2255 Wellspring Ln, Cordova, TN

This home is located at 2255 Wellspring Ln, Cordova, TN 38016 since 12 February 2020 and is currently estimated at $367,994, approximately $167 per square foot. This property was built in 2017. 2255 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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