NOT LISTED FOR SALE

2721 New Well Cove Cordova, TN 38016

Gray's Creek Neighborhood

Estimated Value: $288,472 - $308,000

4 Beds
2 Baths
1,800-1,999 Sq Ft
$148/Sq Ft Est. Value

Last Sold September 23, 2016

Last sale price $172,000 $86 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $1,718/month

Highlights

  • Updated Kitchen
  • Vaulted Ceiling
  • Wood Flooring
  • Den with Fireplace
  • Traditional Architecture
  • Main Floor Primary Bedroom

About This Home

As of September 2016

Welcome home! This beautiful 4 bedroom (or 3 bdrm + bonus/up) 2 bathroom property is waiting for you. The open floor-plan offers a Great Room with hardwood, gas fireplace, & split bedrooms down. Kitchen features upgraded cabinets, tile backsplash, granite countertops, tile floors, and stainless steel appliances. Master has vaulted ceiling and luxury master bath (separate jacuzzi, dual head shower, walk-in closet ). The fenced backyard boasts an extended covered patio with outdoor fireplace.

Last Agent to Sell the Property

Matt Morgan

Crye-Leike, Inc., REALTORS License #331273 Listed on: 06/11/2016

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Scott Mailahn

REMAX Experts License #333322

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,850

Year Built

  • Built in 2009

Lot Details

  • 10,454 Sq Ft Lot
  • Wood Fence
  • Landscaped
  • Corner Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,918 Sq Ft Home
  • 1.1-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Window Treatments
  • Great Room
  • Breakfast Room
  • Den with Fireplace
  • 2 Fireplaces
  • Bonus Room
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Oven or Range
  • 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
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

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

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Community Details

  • Franklin Farms Pd Pt Of Area D Phase 5 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 096600 B00063

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,850

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: New Well Ter
  • MLS Map #: 794A
  • MAAR Subdivision Name: FRANKLIN FARMS PH5
  • List Price Per Sq Ft: 88
  • Number Of Stories: 1.1
  • Price Per Sq Ft: 89.68
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1918
  • Year Built: 2009
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Laundry Room
  • Second Story Floor Plan: 4th or More Bedrooms
  • 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: 1800-1999
  • 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, 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
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave, Cable Wired
  • Living Dining Kitchen: Great Room, Updated/Renovated Kitchen, Breakfast Bar, Separate Breakfast Room, Pantry, Washer/Dryer Connections
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Walk-In Attic, Smoke Detector(s)
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Room, Bonus Room, Attic
  • Total Bathrooms: 2
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, 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, Wood Fence
  • 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, Gas
  • Security: Smoke Detector(s), Dead Bolt Lock(s)
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Corner, Landscaped, Wood Fenced
  • Lot Number: 425
  • Acreage: 0.24
  • Lot Size: 82.29 X 169.47 IRR
  • Price Per Acre: 704167

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 096600 B00063

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2016
Closed on
Sep 8, 2016
Sold by
Frizzell John D
Bought by
Oliver Rovena
Seller's Agent
Matt Morgan
Crye-Leike, Inc., REALTORS
Buyer's Agent
Scott Mailahn
REMAX Experts
List Price
$169,000
Sold Price
$172,000
Premium/Discount to List
$3,000
1.78%
Current Estimated Value
$295,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,118
Avg. Annual Appreciation
6.10%
Original Mortgage
$168,884
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 4, 2009
Sold by
Regency Homebuilders Llc
Bought by
Frizzell John D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,763
Interest Rate
5.19%
Mortgage Type
FHA

Purchase Details

Closed on
May 1, 2009
Sold by
Nrv Rw1 Llc
Bought by
Regency Homebuilders Llc
Source: Public Records

Range of Values:

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Average Value
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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
Oliver Rovena $172,000 Realty Title
Frizzell John D $156,600 None Available
Regency Homebuilders Llc $31,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oliver Rovena $168,884
Previous Owner Frizzell John D $153,763
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2016 09/23/16 Sold $172,000 +1.8% $96 / Sq Ft
07/28/2016 07/28/16 Pending -- -- --
06/11/2016 06/11/16 For Sale $169,000 -- $94 / 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 $1,850 $76,300 $13,250 $63,050
2024 $1,850 $54,575 $8,750 $45,825
2023 $3,325 $54,575 $8,750 $45,825
2022 $3,325 $54,575 $8,750 $45,825
2021 $3,363 $54,575 $8,750 $45,825
2020 $2,989 $41,250 $8,750 $32,500
2019 $2,989 $41,250 $8,750 $32,500
2018 $2,989 $41,250 $8,750 $32,500
2017 $1,695 $41,250 $8,750 $32,500
2016 $1,566 $35,825 $0 $0
2014 $1,566 $35,825 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Matt Morgan

    Seller's Agent in 2016

    Matt Morgan

    Crye-Leike

    (901) 605-1071

    3 in this area

    132 Total Sales

    Matt Morgan
    Section Image

  • S

    Buyer's Agent in 2016

    Scott Mailahn

    RE/MAX

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9979269

Memphis Area Association of REALTORS®

APN: 09-6600-B0-0063

Tennessee Shelby County Cordova 38016 Gray's Creek

2721 New Well Cove, Cordova, TN

This home is located at 2721 New Well Cove, Cordova, TN 38016 since 11 June 2016 and is currently estimated at $295,118, approximately $147 per square foot. This property was built in 2009. 2721 New 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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