NOT LISTED FOR SALE

2798 Shady Well Ln Cordova, TN 38016

Gray's Creek Neighborhood

Estimated Value: $265,000 - $289,000

3 Beds
2.5 Baths
1,917 Sq Ft
$144/Sq Ft Est. Value

Last Sold July 24, 2018

Last sale price $159,100 $83 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $1,587/month

Highlights

  • Vaulted Ceiling
  • Great Room
  • Double Pane Windows
  • Whirlpool Bathtub
  • Covered Patio or Porch
  • Walk-In Closet

About This Home

As of September 2018

Like all our homes, this one features: a great location in a desirable neighborhood, a comfortable layout with good-sized bedrooms and bathrooms, a great kitchen with plenty of counter and cabinet space, garage and a spacious yard.

Last Agent to Rent the Property

Shatara Moore

Progress Residential Property License #325194 Listed on: 08/29/2018

Last Renter's Agent

NON-MLS NON-BOARD AGENT

NON-MLS OR NON-BOARD OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,514

Year Built

  • Built in 2003

Lot Details

  • 6,098 Sq Ft Lot
  • Wood Fence
  • Few Trees

Home Design

  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,917 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Great Room
  • Dining Room
  • Den with Fireplace
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Bar
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Partially Carpeted
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Driveway

Outdoor Features

  • Cove
  • Covered Patio or Porch

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Heating System Uses Gas

Community Details

  • Franklin Farms Pd Pt Area D Ph 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 096621 B00022

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,514

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: 2
  • Price Per Sq Ft: 0.79
  • Estimated Sq Ft: 1917
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Up, Vaulted/Coffered Primary, Luxury Primary Bath, Whirlpool(s), Separate Tub & Shower
  • Bedrooms: 3
  • Fireplace: Vented Gas Fireplace, In Den/Great Room, Gas Logs
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet, Vinyl Floor
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Disposal, Dishwasher, Refrigerator
  • Living Dining Kitchen: Breakfast Bar, Great Room, Island In Kitchen, Pantry, Separate Dining Room, Washer/Dryer Connections
  • Misc Interior: Walk-In Closet(s), Pull Down Attic Stairs
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet
  • Total Bathrooms: 2.1

Exterior Features

  • Misc Exterior: Patio, Covered Patio
  • 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, Front-Load Garage

Utilities

  • Cooling: Ceiling Fan(s), Central, Dual System
  • Heating: Central, Gas, Dual System
  • Water Sewer: Public Sewer, Public Water

Lot Info

  • Lot Description: Some Trees, Cove, Wood Fenced
  • Lot Number: 172
  • Acreage: 0.14
  • Lot Size: 6387 SF 42.36 X 115.58 (IRR)
  • Price Per Acre: 10821

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 096621 B00022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2022
Sold by
Mj Rental I Llc
Bought by
Progress Residential Borrower 23 Llc
Current Estimated Value
$276,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$426,772,000
Outstanding Balance
$411,156,282
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
-$410,884,909

Purchase Details

Listed on
Aug 29, 2018
Closed on
Jul 24, 2018
Sold by
Cummings Kiefer and Cummings Amethyst
Bought by
Mj Rental I Llc
Seller's Agent
Shatara Moore
Progress Residential Property
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
Sold Price
$1,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.72%

Purchase Details

Listed on
Apr 7, 2015
Closed on
Jun 10, 2015
Sold by
Martin Jeffrey P and Martin Deanna N
Bought by
Cummings Kiefer and Cummings Amethyst
Seller's Agent
John Quinn
REMAX Experts
Buyer's Agent
Joseph Jackson
BenchMark REALTORS, LLC
List Price
$145,000
Sold Price
$145,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.02%
Original Mortgage
$140,650
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2010
Sold by
Scott Karen M
Bought by
Martin Jeffrey P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,096
Interest Rate
4.99%
Mortgage Type
VA

Purchase Details

Closed on
Dec 10, 2003
Sold by
Reeves Williams Llc
Bought by
Scott Karen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,865
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage
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 Residential Borrower 23 Llc -- Selene Title Llc
Mj Rental I Llc $159,100 Realty Title
Cummings Kiefer $145,000 Saddle Creek Title Llc
Martin Jeffrey P $138,525 Multiple
Scott Karen M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Progress Residential Borrower 23 Llc $426,772,000
Previous Owner Cummings Kiefer $140,650
Previous Owner Martin Jeffrey P $143,096
Previous Owner Scott Karen M $135,865
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2018 09/18/18 Rented $1,515 0.0% --
08/31/2018 08/31/18 Under Contract -- -- --
08/30/2018 08/30/18 Price Changed $1,515 -0.7% $1 / Sq Ft
08/29/2018 08/29/18 For Rent $1,525 0.0% --
07/24/2018 07/24/18 Sold $159,100 -6.4% $88 / Sq Ft
06/26/2018 06/26/18 For Sale $169,900 +17.2% $94 / Sq Ft
06/10/2015 06/10/15 Sold $145,000 0.0% $104 / Sq Ft
05/01/2015 05/01/15 Pending -- -- --
04/07/2015 04/07/15 For Sale $145,000 -- $104 / 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 $1,514 $72,750 $13,250 $59,500
2024 $1,514 $44,675 $8,750 $35,925
2023 $2,721 $44,675 $8,750 $35,925
2022 $2,721 $44,675 $8,750 $35,925
2021 $1,541 $44,675 $8,750 $35,925
2020 $2,822 $38,950 $8,750 $30,200
2019 $1,245 $38,950 $8,750 $30,200
2018 $1,245 $38,950 $8,750 $30,200
2017 $1,274 $38,950 $8,750 $30,200
2016 $1,468 $33,600 $0 $0
2014 $1,468 $33,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Landlord's Agent in 2018

    Shatara Moore

    Progress Residential Property

  • Lana Fowler

    Seller's Agent in 2018

    Lana Fowler

    Real Estate Agency

    (901) 550-1013

    57 Total Sales

    Lana Fowler
    Section Image

  • N

    Tenant's Agent in 2018

    NON-MLS NON-BOARD AGENT

    NON-MLS OR NON-BOARD OFFICE

  • Terri Porter

    Buyer's Agent in 2018

    Terri Porter

    The Porter Group

    (901) 870-0927

    162 Total Sales

    Terri Porter
    Section Image
  • John Quinn

    Seller's Agent in 2015

    John Quinn

    RE/MAX

    (901) 481-2008

    12 in this area

    310 Total Sales

    John Quinn
    Section Image

  • J

    Buyer's Agent in 2015

    Joseph Jackson

    BenchMark REALTORS, LLC

    (901) 351-6641

    3 in this area

    70 Total Sales

    Joseph Jackson
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10035399

Memphis Area Association of REALTORS®

APN: 09-6621-B0-0022

Tennessee Shelby County Cordova 38016 Gray's Creek

2798 Shady Well Ln, Cordova, TN

This home is located at 2798 Shady Well Ln, Cordova, TN 38016 since 29 August 2018 and is currently priced at $276,616. This property was built in 2003. 2798 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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