NOT LISTED FOR SALE

2711 Dry Well Cove Cordova, TN 38016

Gray's Creek Neighborhood

Estimated Value: $267,000 - $277,000

3 Beds
2.5 Baths
1,700 Sq Ft
$159/Sq Ft Est. Value

Last Sold April 20, 2021

Last sale price $240,000 $141 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,580/month

Highlights

  • Covered Patio or Porch
  • Eat-In Kitchen
  • Laundry Room
  • 2 Car Attached Garage
  • Walk-In Closet
  • Tile Flooring

About This Home

As of September 2023

Like all our homes, this one features a great location in a comfortable layout with good-sized bedrooms and bathrooms, a great kitchen with plenty of counter and cabinet space, many updated and upgraded features, central HVAC and programmable thermostat, garage and a spacious yard, and it's pet friendly.

Last Agent to Rent the Property

Nakita Prewitt

Progress Residential Property License #302187 Listed on: 09/01/2023

Last Renter's Agent

NON-MLS NON-BOARD AGENT

NON-MLS OR NON-BOARD OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,685

Year Built

  • Built in 2005

Lot Details

  • 6,098

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,700 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Additional Features

  • Covered Patio or Porch
  • 6,098 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • Franklin Farms Pd Pt Of Area D Ph 3 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 096600 A00010

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,685

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: Rental Properties
  • Type: Rental
  • Style Code Use: General Residential
  • MLS Map #: 794A
  • MAAR Subdivision Name: FRANKLIN FARMS PH3
  • Freestanding: Yes
  • Number Of Stories: 2
  • Price Per Sq Ft: 1.06
  • Estimated Sq Ft: 1700
  • Year Built: 2005
  • List Price/ Sq Ft: 1
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Up
  • Bedrooms: 3
  • Fireplace: In Living Room
  • Floors/Ceilings: Wood Laminate Floors, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Disposal, Dishwasher, Refrigerator
  • Living Dining Kitchen: Eat-In Kitchen, Pantry, Washer/Dryer Connections
  • Misc Interior: Walk-In Closet(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room
  • Total Bathrooms: 2.1

Exterior Features

  • Misc Exterior: Covered Patio
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central, Electric
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Number: 215
  • Acreage: 0.14
  • Lot Size: 66.91 X 77.11 IRR
  • Price Per Acre: 13500

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 096600 A00010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2021
Closed on
Apr 13, 2021
Sold by
Mayo Gwendolyn D and Mayo Jamie
Bought by
Progress Memphis Llc
Seller's Agent
Denise Wessel
Progress Residential Property
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
Sold Price
$1,890
Current Estimated Value
$270,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,361
Avg. Annual Appreciation
2.99%

Purchase Details

Closed on
Mar 23, 2012
Sold by
Mayo Gwndolyn D and Mayo Jamie
Bought by
Mayo Gwendolyn D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,900
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2006
Sold by
Reeves Williams Llc
Bought by
Mayo Gwendolyn D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,815
Interest Rate
6.08%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Progress Memphis Llc $240,000 Home Surety Title & Escrow
Mayo Gwendolyn D -- Saddle Creek Title
Mayo Gwendolyn D $152,815 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Progress Residential Borrower 18 Llc $537,170,000
Previous Owner Mayo Gwendolyn D $143,900
Previous Owner Mayo Gwendolyn D $152,815
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2023 09/24/23 Rented $1,795 -5.0% --
09/17/2023 09/17/23 Under Contract -- -- --
09/01/2023 09/01/23 For Rent $1,890 0.0% --
06/10/2021 06/10/21 Rented $1,890 0.0% --
05/24/2021 05/24/21 Under Contract -- -- --
05/21/2021 05/21/21 For Rent $1,890 0.0% --
04/20/2021 04/20/21 Sold $240,000 +9.1% $150 / Sq Ft
03/25/2021 03/25/21 For Sale $220,000 -- $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 $1,685 $67,900 $13,250 $54,650
2024 $1,685 $49,700 $8,750 $40,950
2023 $3,028 $49,700 $8,750 $40,950
2022 $3,028 $49,700 $8,750 $40,950
2021 $1,715 $49,700 $8,750 $40,950
2020 $2,500 $34,500 $8,750 $25,750
2019 $1,103 $34,500 $8,750 $25,750
2018 $1,103 $34,500 $8,750 $25,750
2017 $1,129 $34,500 $8,750 $25,750
2016 $1,328 $30,400 $0 $0
2014 $1,328 $30,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Landlord's Agent in 2023

    Nakita Prewitt

    Progress Residential Property

    Section Image

  • N

    Tenant's Agent in 2023

    NON-MLS NON-BOARD AGENT

    NON-MLS OR NON-BOARD OFFICE

  • D

    Seller's Agent in 2021

    Denise Wessel

    Progress Residential Property

    Section Image
  • Myles Wilson

    Seller's Agent in 2021

    Myles Wilson

    Keller Williams

    (901) 340-3243

    12 in this area

    205 Total Sales

    Myles Wilson
    Section Image
  • Mike Anderson

    Buyer's Agent in 2021

    Mike Anderson

    Keller Williams

    (901) 570-0603

    44 in this area

    1,223 Total Sales

    Mike Anderson
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10155725

Memphis Area Association of REALTORS®

APN: 09-6600-A0-0010

Tennessee Shelby County Cordova 38016 Gray's Creek

2711 Dry Well Cove, Cordova, TN

This home is located at 2711 Dry Well Cove, Cordova, TN 38016 since 01 September 2023 and is currently priced at $270,251. This property was built in 2005. 2711 Dry Well Cove 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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