NOT LISTED FOR SALE

2780 Shady Well Ln Cordova, TN 38016

Gray's Creek Neighborhood

Estimated Value: $265,000 - $276,000

3 Beds
2 Baths
1,853 Sq Ft
$145/Sq Ft Est. Value

Last Sold February 24, 2015

Last sale price $110,000 $59 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $1,559/month

About This Home

As of December 2017

Classy home with a great layout in Franklin Farms of Cordova. Available now & in MOVE IN CONDITION, you'll love the spacious living room w/fireplace; eat in kitchen w/tile flooring, GRANITE counter tops, breakfast bar, and updated appliances; split floor plan; salon main bath w/ walk in closet, dual vanity, and separate shower/tub; upstairs BONUS room; quiet fenced backyard w/patio; and attached 2-gar garage. *Pet Friendly*

Last Agent to Rent the Property

Stacey Spratlin

Main Street Renewal, LLC License #332096 Listed on: 09/22/2017

Last Renter's Agent

Stacey Spratlin

Main Street Renewal, LLC License #332096 Listed on: 09/22/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,653

Year Built

  • Built in 2003

Lot Details

  • 5,663 Sq Ft Lot

Parking

  • 2 Parking Spaces

Interior Spaces

  • 1,853 Sq Ft Home
  • 1.1-Story Property
  • 1 Fireplace
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Community Details

  • Franklin Farms Pd Pt Area D Ph 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 096621 B00025

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,653

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: Rental Properties
  • Type: Rental
  • Style Code Use: General Residential
  • MLS Map #: 794A
  • MAAR Subdivision Name: FRANKLIN FARMS PH2 AREA D
  • Freestanding: Yes
  • List Price Per Sq Ft: 1
  • Number Of Stories: 1.1
  • Price Per Sq Ft: 0.7
  • Estimated Sq Ft: 1853
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Dishwasher, Refrigerator
  • Living Dining Kitchen: Washer/Dryer Connections
  • Misc Interior: Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room
  • Total Bathrooms: 2

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2

Lot Info

  • Lot Number: 175
  • Acreage: 0.13
  • Lot Size: 6000 SF 60 X 100
  • Price Per Acre: 11000

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 096621 B00025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2015
Closed on
Feb 24, 2015
Sold by
Artica Jose M
Bought by
Prep 6 Llc
Seller's Agent
Carol Dupree
Crye-Leike, Inc., REALTORS
Buyer's Agent
Rustin Randall
Main Street Renewal, LLC
List Price
$125,900
Sold Price
$110,000
Premium/Discount to List
-$15,900
-12.63%
Current Estimated Value
$269,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,025
Avg. Annual Appreciation
8.79%

Purchase Details

Closed on
Feb 21, 2012
Sold by
Gray Melanie L
Bought by
Artica Jose M

Purchase Details

Closed on
Jul 29, 2011
Sold by
Link Brian A and Link Lydsay A
Bought by
Gray Melanie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,469
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2006
Sold by
Ilgunaitis Giedrius and Ilgunaitiene Juvita
Bought by
Link Brian A and Link Lindsay A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,600
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 2003
Sold by
Reeves Williams Llc
Bought by
Ilgunaitis Giedrius and Ilgunaitiene Juvita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,112
Interest Rate
5.6%
Mortgage Type
FHA
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
Prep 6 Llc $110,000 Summit Title & Escrow Llc
Artica Jose M $12,000 Home Surety Title And Escrow
Gray Melanie L $126,000 Home Surety Title & Escrow L
Link Brian A $149,500 None Available
Ilgunaitis Giedrius $126,060 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gray Melanie L $133,469
Previous Owner Link Brian A $119,600
Previous Owner Ilgunaitis Giedrius $124,112
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2017 12/28/17 Rented $1,295 -9.4% --
12/28/2017 12/28/17 Under Contract -- -- --
09/22/2017 09/22/17 For Rent $1,430 +2.5% --
03/31/2016 03/31/16 Rented $1,395 0.0% --
03/31/2016 03/31/16 Under Contract -- -- --
03/02/2016 03/02/16 For Rent $1,395 +3.7% --
06/26/2015 06/26/15 Rented $1,345 0.0% --
06/26/2015 06/26/15 Under Contract -- -- --
05/02/2015 05/02/15 For Rent $1,345 0.0% --
02/24/2015 02/24/15 Sold $110,000 -12.6% $61 / Sq Ft
01/29/2015 01/29/15 Pending -- -- --
01/22/2015 01/22/15 For Sale $125,900 -- $70 / 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 $1,653 $69,275 $13,250 $56,025
2024 $1,653 $48,750 $8,750 $40,000
2023 $2,970 $48,750 $8,750 $40,000
2022 $2,970 $48,750 $8,750 $40,000
2021 $3,302 $53,575 $8,750 $44,825
2020 $2,739 $37,800 $8,750 $29,050
2019 $2,739 $37,800 $8,750 $29,050
2018 $2,739 $37,800 $8,750 $29,050
2017 $1,554 $37,800 $8,750 $29,050
2016 $1,432 $32,775 $0 $0
2014 $1,432 $32,775 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Landlord's Agent in 2017

    Stacey Spratlin

    Main Street Renewal, LLC

    (901) 487-9683

    2 Total Sales

    Stacey Spratlin
    Section Image
  • Carol Dupree

    Seller's Agent in 2015

    Carol Dupree

    Crye-Leike

    (901) 428-8417

    1 in this area

    15 Total Sales

    Carol Dupree
    Section Image

  • R

    Buyer's Agent in 2015

    Rustin Randall

    Main Street Renewal, LLC

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10011971

Memphis Area Association of REALTORS®

APN: 09-6621-B0-0025

Tennessee Shelby County Cordova 38016 Gray's Creek

2780 Shady Well Ln, Cordova, TN

This home is located at 2780 Shady Well Ln, Cordova, TN 38016 since 22 September 2017 and is currently priced at $269,025. This property was built in 2003. 2780 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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