NOT LISTED FOR SALE

318 Brook Ridge Dr Cordova, TN 38018

Estimated Value: $332,000 - $401,000

4 Beds
2.5 Baths
2,400-2,599 Sq Ft
$141/Sq Ft Est. Value

Last Sold March 15, 2018

Last sale price $192,500 $74 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $2,242/month

21 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Whirlpool Bathtub
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • 1 Fireplace

About This Home

As of March 2018

This home is located at 318 Brook Ridge Dr, Cordova, TN 38018 since 11 January 2018 and is currently estimated at $366,613, approximately $152 per square foot. This property was built in 1997. 318 Brook Ridge Dr is a home located in Shelby County with nearby schools including Cordova Elementary School, Cordova Middle School, and Cordova High School.

Last Agent to Sell the Property

Reem Elkhayyat

Crye-Leike, Inc., REALTORS License #342034 Listed on: 01/11/2018

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Nikki Rowland

Turn Key Realty Group License #327441

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,290

Year Built

  • Built in 1997

Lot Details

  • 0.31 Acre Lot
  • Wood Fence
  • Few Trees

Home Design

  • Traditional Architecture
  • Soft Contemporary Architecture

Interior Spaces

  • 2,400-2,599 Sq Ft Home
  • 2,741 Sq Ft Home
  • 1.5-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Some Wood Windows
  • Double Pane Windows
  • Great Room
  • Breakfast Room
  • Dining Room
  • Eat-In Kitchen

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Double Vanity
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Parking

  • 2 Car Garage
  • Side Facing Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Porch

Utilities

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

Community Details

  • Rivertrail Crossing Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 091073 00059

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,290

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional, Soft Contemporary
  • Detached Unit Type: General Residential
  • MLS Map #: 796C
  • MAAR Subdivision Name: RIVERTRAIL CROSSING
  • List Price Per Sq Ft: 73
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 70.23
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2741
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: Primary Down, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Half Bath Down
  • Estimated Heated Sq Ft Range: 2400-2599
  • Bedrooms: 4
  • Bedrooms Down: 1
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Dining Room, Great Room, Eat-In Kitchen, Separate Breakfast Room, Pantry
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2.1

Exterior Features

  • Misc Exterior: Porch, Patio
  • Exterior Windows: Brick Veneer, Wood/Composition, Wood Window(s), Double Pane Window(s)

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Garage Door Opener(s), Side-Load Garage

Utilities

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

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Wood Fenced
  • Lot Number: 8
  • Acreage: 0.31
  • Lot Size: .32
  • Price Per Acre: 644839

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 091073 00059

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2018
Closed on
Mar 15, 2018
Sold by
Elkhayyat Fayez
Bought by
Peters Kirk and Peters Susan
Seller's Agent
Reem Elkhayyat
Crye-Leike, Inc., REALTORS
Buyer's Agent
Nikki Rowland
Turn Key Realty Group
List Price
$199,900
Sold Price
$192,500
Premium/Discount to List
-$7,400
-3.7%
Current Estimated Value
$371,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,920
Avg. Annual Appreciation
9.19%
Original Mortgage
$165,343
Outstanding Balance
$142,488
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$225,209

Purchase Details

Closed on
May 17, 2004
Sold by
Citifinancial Mortgage Co Inc
Bought by
Elkayyat Fayez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 21, 2003
Sold by
Whittington James R and Whittington Janet D
Bought by
Citifinancial Mortgage Co Inc

Purchase Details

Closed on
Apr 29, 1999
Sold by
Sandlin L Patrick
Bought by
Whittington James R and Whittington Janet D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,782
Interest Rate
7%

Purchase Details

Closed on
Dec 30, 1997
Sold by
Klg Properties Inc
Bought by
Sandlin L Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
7.2%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 24, 1997
Sold by
Bico Associates
Bought by
Klg Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
7.85%
Mortgage Type
Construction
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
Peters Kirk $192,500 Edco Title & Closing Svcs In
Elkayyat Fayez $180,000 Equity Title & Escrow Co
Citifinancial Mortgage Co Inc $160,000 --
Whittington James R $244,000 West Tennessee Title Ins Age
Sandlin L Patrick $96,436 --
Klg Properties Inc $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peters Kirk $15,382
Open Peters Kirk $165,343
Previous Owner Elkayyat Fayez $171,000
Previous Owner Elkhayyat Fayez $171,000
Previous Owner Whittington James R $219,782
Previous Owner Sandlin L Patrick $164,000
Previous Owner Klg Properties Inc $164,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2018 03/15/18 Sold $192,500 -3.7% $80 / Sq Ft
02/01/2018 02/01/18 Pending -- -- --
01/11/2018 01/11/18 For Sale $199,900 -- $83 / 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 $2,290 $84,475 $19,125 $65,350
2024 $2,290 $67,550 $12,450 $55,100
2023 $4,115 $67,550 $12,450 $55,100
2022 $4,115 $67,550 $12,450 $55,100
2021 $4,163 $67,550 $12,450 $55,100
2020 $3,205 $44,225 $12,450 $31,775
2019 $3,205 $44,225 $12,450 $31,775
2018 $3,205 $44,225 $12,450 $31,775
2017 $1,818 $44,225 $12,450 $31,775
2016 $1,792 $41,000 $0 $0
2014 $1,792 $41,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Reem Elkhayyat

    Seller's Agent in 2018

    Reem Elkhayyat

    Crye-Leike

    (901) 603-6362

    2 in this area

    4 Total Sales

    Section Image
  • Nikki Rowland

    Buyer's Agent in 2018

    Nikki Rowland

    Turn Key Realty Group

    (901) 896-8566

    6 in this area

    101 Total Sales

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10018348

Memphis Area Association of REALTORS®

APN: 09-1073-0-0059

Tennessee Shelby County Cordova 38018

318 Brook Ridge Dr, Cordova, TN

This home is located at 318 Brook Ridge Dr, Cordova, TN 38018 since 11 January 2018 and is currently estimated at $366,613, approximately $141 per square foot. This property was built in 1997. 318 Brook Ridge Dr is a home located in Shelby County with nearby schools including Cordova Elementary School, Cordova Middle School, and Cordova High School.

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