NOT LISTED FOR SALE

2256 Lake Springs Ln Cordova, TN 38016

Estimated Value: $222,138 - $251,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$147/Sq Ft Est. Value

Last Sold July 29, 2021

Last sale price $180,000 $113 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,426/month

Highlights

  • Lake On Lot
  • Whirlpool Bathtub
  • 2 Car Attached Garage
  • Traditional Architecture
  • Some Wood Windows
  • Dual Vanity Sinks in Primary Bathroom

About This Home

As of July 2021

This home is located at 2256 Lake Springs Ln, Cordova, TN 38016 since 06 May 2021 and is currently estimated at $235,285, approximately $168 per square foot. This property was built in 1993. 2256 Lake Springs Ln is a home located in Shelby County with nearby schools including Chimneyrock Elementary School, Cordova High School, and Kate Bond Middle School.

Last Agent to Sell the Property

Aaron Edwards

Real Broker License #324359 Listed on: 05/06/2021

Last Buyer's Agent

Aaron Edwards

Real Broker License #324359 Listed on: 05/06/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,349

Year Built

  • Built in 1993

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 45x111
  • Wood Fence
  • Level Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,443 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace Features Masonry
  • Some Wood Windows
  • Window Treatments
  • Living Room with Fireplace
  • Dining Room
  • Tile Flooring
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector
  • Laundry closet

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Parking

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

Outdoor Features

  • Lake On Lot
  • Patio

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • Reflections Of Carrollwood P D Subdivision

Listing and Financial Details

  • Assessor Parcel Number 096516 J00118

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,349

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 793A
  • MAAR Subdivision Name: REFLECTIONS OF CARROLLWOOD
  • List Price Per Sq Ft: 125
  • Number Of Stories: 1
  • Price Per Sq Ft: 124.74
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1443
  • Year Built: 1993
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Split Bedroom Plan, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1, Shared Bath, Tile Floor
  • Bedroom 3 Description: Level 1, Shared Bath, Tile Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Masonry, In Living Room
  • Floors/Ceilings: Tile
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room
  • Misc Interior: All Window Treatments, Pull Down Attic Stairs
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet
  • Total Bathrooms: 2
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Tile Floor

Exterior Features

  • Misc Exterior: Patio, Wood Fence
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

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

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central, Gas
  • Security: Smoke Detector(s)
  • Water Sewer: Electric Water Heater

Lot Info

  • Lot Description: Level, Lake/Pond on Property
  • Lot Number: 82
  • Acreage: 0.11
  • Lot Size: 45X111
  • Price Per Acre: 1636364

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 096516 J00118

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2021
Closed on
Jul 29, 2021
Sold by
Williams Allison
Bought by
Denham Derrick and Wong Angela
Seller's Agent
Aaron Edwards
Real Broker
Buyer's Agent
Aaron Edwards
Real Broker
List Price
$180,000
Sold Price
$180,000
Total Days on Market
0
Current Estimated Value
$235,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,285
Avg. Annual Appreciation
7.17%
Original Mortgage
$135,000
Outstanding Balance
$123,721
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$111,564

Purchase Details

Closed on
Jul 20, 2006
Sold by
Thompson Christopher
Bought by
Williams Allison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 26, 2004
Sold by
Thompson Christopher and Thompson Jennifer E
Bought by
Thompson Christopher

Purchase Details

Closed on
Mar 3, 2003
Sold by
Smith Michael Lee
Bought by
Thompson Christopher and Thompson Jennifer E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.86%

Purchase Details

Closed on
Nov 20, 1997
Sold by
Berlin Charles R and Berlin Brenda J
Bought by
Smith Michael Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,226
Interest Rate
7.35%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 2, 1995
Bought by
Berlin Charles R and Berlin Brenda
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
Denham Derrick $180,000 None Available
Williams Allison $118,000 Closetrak Title
Thompson Christopher -- Realty Title
Thompson Christopher $125,000 --
Smith Michael Lee $112,000 --
Berlin Charles R $101,105 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Denham Derrick $135,000
Previous Owner Williams Allison $118,000
Previous Owner Thompson Christopher $103,000
Previous Owner Thompson Christopher $100,000
Previous Owner Smith Michael Lee $111,226
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2021 07/29/21 Sold $180,000 0.0% $129 / Sq Ft
05/06/2021 05/06/21 Pending -- -- --
05/06/2021 05/06/21 For Sale $180,000 -- $129 / 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 $1,349 $60,125 $12,000 $48,125
2024 $1,349 $39,800 $6,875 $32,925
2023 $2,424 $39,800 $6,875 $32,925
2022 $2,424 $39,800 $6,875 $32,925
2021 $2,453 $39,800 $6,875 $32,925
2020 $2,112 $29,150 $6,875 $22,275
2019 $932 $29,150 $6,875 $22,275
2018 $932 $29,150 $6,875 $22,275
2017 $954 $29,150 $6,875 $22,275
2016 $1,080 $24,725 $0 $0
2014 $1,080 $24,725 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10099721

Memphis Area Association of REALTORS®

APN: 09-6516-J0-0118