NOT LISTED FOR SALE

2701 Shady Well Ln Cordova, TN 38016

Gray's Creek Neighborhood

Estimated Value: $272,000 - $294,000

3 Beds
2 Baths
1,600-1,799 Sq Ft
$157/Sq Ft Est. Value

Last Sold August 28, 2020

Last sale price $210,000 $117 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,642/month

Highlights

  • Updated Kitchen
  • Wood Flooring
  • Attic
  • Traditional Architecture
  • Whirlpool Bathtub
  • Eat-In Kitchen

About This Home

As of August 2020

WELCOME HOME!!! This Adorable 3BD 2BA home in 38016 has lots of updates to offer: The interior and exterior have been freshly painted, beautiful new tile floors installed in kitchen, bathrooms and laundry. Did we mention the NEW ROOF?! You will love the open concept living/dining rooms, split bedrooms floorplan and ROOM TO GROW UPSTAIRS!! The stairs at entry way and upstairs landing have been finished. There are 2 expandable areas and a bathroom have been framed & plumbed..DON'T MISS THIS ONE!!

Last Agent to Sell the Property

Dana Landry

Foundation Property Management License #286531 Listed on: 07/01/2020

Foundation Property Management

Co-Listed By

Colby Blocker

Keller Williams License #350163

Last Buyer's Agent

Angela Majors

Bespoke Realty License #292661

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,781

Year Built

  • Built in 2003

Lot Details

  • 6,098 Sq Ft Lot
  • Wood Fence
  • Landscaped

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,721 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Double Pane Windows
  • Entrance Foyer
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

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

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater

Community Details

  • Franklin Farms Pd Pt Area D Ph 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 096621 B00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,781

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 794A
  • MAAR Subdivision Name: FRANKLIN FARMS PH2 AREA D
  • List Price Per Sq Ft: 122
  • Number Of Stories: 1
  • Price Per Sq Ft: 122.02
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1721
  • Year Built: 2003
  • 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, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down, Primary Down, Split Bedroom Plan, Renovated Bathroom, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Full Bath Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Hardwood Floor, Shared Bath, Level 1
  • Bedroom 3 Description: Hardwood Floor, Shared Bath, Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Prefabricated, In Living Room, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Living Dining Kitchen: LR/DR Combination, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Pantry, Washer/Dryer Connections
  • Misc Interior: Attic Access, Walk-In Attic, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Internal Expansion Area, Entry Hall, Attic
  • Total Bathrooms: 2
  • Primary Bathroom Description: Double Sinks, Separate Shower, Tile Floor
  • P R I M A R Y B E D R O O M: Carpet, Full Bath, Level 1, Walk-In Closet

Exterior Features

  • Misc Exterior: Patio, Wood Fence
  • 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: Driveway/Pad, Garage Door Opener(s), Front-Load Garage

Utilities

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

Lot Info

  • Lot Description: Landscaped, Wood Fenced
  • Lot Number: 155
  • Acreage: 0.14
  • Lot Size: 6510 SF 62 X 105
  • Price Per Acre: 1500000

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 096621 B00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2020
Closed on
Aug 28, 2020
Sold by
Whiteley Courtney W
Bought by
Jackson Nikoma B and Kendrick Rhonda
Seller's Agent
Dana Landry
Foundation Property Management
Buyer's Agent
Angela Majors
Bespoke Realty
List Price
$210,000
Sold Price
$210,000
Current Estimated Value
$281,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,750
Avg. Annual Appreciation
6.08%
Original Mortgage
$206,196
Outstanding Balance
$183,400
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$99,975

Purchase Details

Closed on
Apr 23, 2003
Sold by
Reeves Williams Llc
Bought by
Hodges Courtney W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,100
Interest Rate
5.79%
Source: Public Records

Range of Values:

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List 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
Jackson Nikoma B $210,000 None Available
Hodges Courtney W $145,179 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jackson Nikoma B $206,196
Previous Owner Hodges Courtney W $116,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2020 08/28/20 Sold $210,000 0.0% $131 / Sq Ft
07/16/2020 07/16/20 Pending -- -- --
07/01/2020 07/01/20 For Sale $210,000 -- $131 / 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 $1,781 $72,850 $13,250 $59,600
2024 $1,781 $52,550 $8,750 $43,800
2023 $3,201 $52,550 $8,750 $43,800
2022 $3,201 $52,550 $8,750 $43,800
2021 $3,239 $52,550 $8,750 $43,800
2020 $3,051 $42,100 $8,750 $33,350
2019 $1,346 $42,100 $8,750 $33,350
2018 $1,346 $42,100 $8,750 $33,350
2017 $1,377 $42,100 $8,750 $33,350
2016 $1,499 $34,300 $0 $0
2014 $1,499 $34,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dana Landry

    Seller's Agent in 2020

    Dana Landry

    Foundation Property Management

    (901) 930-6656

    15 in this area

    348 Total Sales

    Dana Landry
    Section Image

  • C

    Seller Co-Listing Agent in 2020

    Colby Blocker

    Keller Williams

    Section Image

  • A

    Buyer's Agent in 2020

    Angela Majors

    Bespoke Realty

    (901) 301-1337

    25 Total Sales

    Angela Majors
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10079718

Memphis Area Association of REALTORS®

APN: 09-6621-B0-0005

Tennessee Shelby County Cordova 38016 Gray's Creek

2701 Shady Well Ln, Cordova, TN

This home is located at 2701 Shady Well Ln, Cordova, TN 38016 since 01 July 2020 and is currently estimated at $281,750, approximately $156 per square foot. This property was built in 2003. 2701 Shady Well Ln is a home located in Shelby County with nearby schools including Macon-Hall Elementary School, Mt. Pisgah Middle School, and Cordova High School.

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