NOT LISTED FOR SALE

407 Springer Cove Cordova, TN 38018

Estimated Value: $315,000 - $324,000

0.6 Acre
$534,943 Price per Acre
26,136 Sq Ft Lot

Last Sold November 26, 2014

Last sale price $18,600

Est. 1,626% increase in value since last sale

Current estimated payment $1,970/month

416 Days on Market

Highlights

  • 0.6 Acre Lot
  • Door to Door Trash Pickup
  • Level Lot

About This Lot

As of November 2014

Large lots for 1 story homes in a secluded cove near Hope Church! Individual lots or entire parcel. All IMPROVEMENTS at the street.(Sewer, Electric, Water, Curbing) Check it out! Call for details: 901-624-7777 / kathy@kathyhurley.com GREAT Opportunity!

Last Agent to Sell the Property

Kathy Hurley

REMAX Experts License #257980 Listed on: 09/07/2013

Last Buyer's Agent

Shirley Miller

Crye-Leike, Inc., REALTORS License #315131

Crye-Leike, Inc., REALTORS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,120

Year Built

  • 2015

Lot Details

  • 0.6 Acre Lot
  • Level Lot

Additional Features

  • Drainage System
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 091071 A00005

Community Details

Recreation

  • Cove

Additional Features

  • Christy Meadows S/D Subdivision
  • Door to Door Trash Pickup

Property Details

Property Type

Land

Est. Annual Taxes

$2,120

Year Built

2015

Lot Details

0

Listing Details

  • Class: Land
  • Type: Land
  • Cross Street: SPRINGER
  • Location: Cove
  • MLS Map #: 796C
  • MAAR Subdivision Name: CHRISTY MEADOWS
  • Price Per Sq Ft: 31000
  • Miscellaneous: Garbage Pickup
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2015

Exterior Features

  • Road Frontage: Municipal

Utilities

  • Utilities: Public Water, Electricity, Natural Gas, Telephone

Association/Amenities

  • Uses Of Adjacent Area: Retail, Food Service, Professional Office, Residential, Multi-Family, Church, School

Lot Info

  • Lot Number: 5
  • Acreage: 0.6
  • Lot Size: 31.71 X 156.92 IRR
  • Price Per Acre: 49167
  • Zoning: RES
  • Improvements: Curbs and Gutters, Graded, Improved Drainage
  • Lots Available: 6-10
  • Present Usage: Usage Restrictions
  • Shape: Regular
  • Topographic Feature: Level
  • Zoning Of Adjacent Area: Single Family

Tax Info

  • Assessor Parcel Number: 091071 A00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2016
Sold by
Memphis Invest Gp
Bought by
Jones Steven W
Total Days on Market
416
Current Estimated Value
$320,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,520
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2015
Sold by
New Homes Memphis Llc
Bought by
Memphis Invest Gp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,750
Interest Rate
3.93%
Mortgage Type
Construction

Purchase Details

Listed on
Sep 7, 2013
Closed on
Nov 26, 2014
Sold by
Christy Betty
Bought by
New Homes Memphis Llc
Seller's Agent
Kathy Hurley
REMAX Experts
Buyer's Agent
Shirley Miller
Crye-Leike, Inc., REALTORS
List Price
$29,500
Sold Price
$18,600
Premium/Discount to List
-$10,900
-36.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.96%
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
Jones Steven W $211,900 Attorney
Memphis Invest Gp $23,000 Delta Title Services Llc
New Homes Memphis Llc $186,000 Delta Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Steven William $157,500
Closed Jones Steven W $169,520
Previous Owner Memphis Invest Gp $159,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2014 11/26/14 Sold $18,600 -36.9% --
10/28/2014 10/28/14 Pending -- -- --
09/07/2013 09/07/13 For Sale $29,500 -- --
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 $2,120 $85,700 $14,700 $71,000
2024 $2,120 $62,525 $14,700 $47,825
2023 $3,809 $62,525 $14,700 $47,825
2022 $3,809 $62,525 $14,700 $47,825
2021 $3,853 $62,525 $14,700 $47,825
2020 $3,793 $52,350 $14,700 $37,650
2019 $3,793 $52,350 $14,700 $37,650
2018 $3,793 $52,350 $14,700 $37,650
2017 $2,152 $52,350 $14,700 $37,650
2016 $2,123 $48,575 $0 $0
2014 $273 $6,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3280665

Memphis Area Association of REALTORS®

APN: 09-1071-A0-0005