NOT LISTED FOR SALE

488 N Walnut Bend Rd Cordova, TN 38018

Estimated Value: $367,000 - $577,154

4 Beds
4.5 Baths
3,600-3,799 Sq Ft
$127/Sq Ft Est. Value

Last Sold December 22, 2020

Last sale price $375,000 $99 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,831/month

3 Days on Market

Highlights

  • 1 Acre Lot
  • Landscaped Professionally
  • Traditional Architecture
  • Two Primary Bathrooms
  • Vaulted Ceiling
  • Main Floor Primary Bedroom

About This Home

As of December 2020

Wonderfully built home situated on 1 acre and landscaped for maximum privacy. All bedrooms on main floor with huge bonus room on the second floor. Spacious master bedroom features his and her bathrooms and walk-in closets. Large eat-in kitchen features great cabinet space, island, and double ovens. Large great room with bar, dining room, and living room are perfect for entertaining. Expansive back yard surrounded by privacy fence, 3-car attached garage, and oversized 1-car detached garage.

Last Agent to Sell the Property

Tara Airhart

Real Estate Agency License #349435 Listed on: 10/30/2020

Real Estate Agency

Last Buyer's Agent

Robert Hunt

Epique Realty License #341983

Epique Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,210

Year Built

  • Built in 1985

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 150x290
  • Wood Fence
  • Landscaped Professionally
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 3,600-3,799 Sq Ft Home
  • 3,737 Sq Ft Home
  • 1.5-Story Property
  • Central Vacuum
  • Popcorn or blown ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Fireplace With Glass Doors
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Some Wood Windows
  • Double Pane Windows
  • Window Treatments
  • Casement Windows
  • Great Room
  • Separate Formal Living Room
  • Dining Room
  • Den with Fireplace
  • Bonus Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Double Self-Cleaning Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Parquet
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bedroom on Main
  • En-Suite Bathroom
  • Walk-In Closet
  • Two Primary Bathrooms
  • Double Vanity
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Burglar Security System
  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 4 Car Garage
  • Side Facing Garage
  • Circular Driveway

Outdoor Features

  • Covered patio or porch

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Rivertrail Ph3 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 091071 00011

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,210

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 796C
  • MAAR Subdivision Name: RIVERTRAIL PH3
  • List Price Per Sq Ft: 93
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 100.35
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3737
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Master Bedroom, 2nd Bedroom, 3rd Bedroom, 4th of More Bedrooms, 1/2 Bath, 2 or More Baths, Laundry Room
  • Second Story Floor Plan: Bonus Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Master Down, Luxury Master Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, 2 Full Master Baths, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 3600-3799
  • Bedroom 2 Description: Carpet, Level 1, Private Full Bath
  • Bedroom 3 Description: Carpet, Shared Bath, Level 1
  • Bedroom 4 Description: Carpet, Shared Bath, Level 1
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Fireplace: Masonry, Vented Gas Fireplace, In Den/Great Room, Gas Logs, Glass Doors
  • Floors/Ceilings: Part Carpet, Tile, Parquet Floor, Sprayed Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Equipment: Self Cleaning Oven, Double Oven, Cooktop, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Cable Wired
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Great Room, Eat-In Kitchen, Breakfast Bar, Island In Kitchen
  • Primary Bathroom Description: Double Sinks, Separate His/ Her Baths, Separate Shower, Vaulted/Coffered Ceiling, Whirlpool Tub
  • Master Bedroom: Carpet, Full Bath, Level 1, Sitting Area, Walk-In Closet
  • Master Bedroom Dimensions: 23x18
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Walk-In Attic, Central Vacuum, Rear Stairs to Playroom, Sky Light(s), Cat/Dog Free House, Security System, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Bonus Room, Attic
  • Total Bathrooms: 4.1

Exterior Features

  • Misc Exterior: Patio, Covered Patio, Wood Fence
  • Exterior Windows: Brick Veneer, Wood/Composition, Wood Window(s), Double Pane Window(s), Casement Window(s), Storm Door(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 4
  • Parking Display: 4
  • Parking Storage: Driveway/Pad, Circular Drive, More than 3 Coverd Spaces, Side-Load Garage

Utilities

  • Cooling: 220 Wiring, Ceiling Fan(s), Central, Dual System
  • Heating: Central, Gas, Dual System
  • Security: Burglar Alarm, Dead Bolt Lock(s), Smoke Detector(s)
  • Water Sewer: 2+ Water Heaters, Gas Water Heater, Public Sewer, Public Water

Lot Info

  • Lot Description: Some Trees, Level, Professionally Landscaped, Wood Fenced
  • Lot Number: 78
  • Acreage: 1
  • Lot Size: 150X290
  • Price Per Acre: 349000

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 091071 00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2020
Closed on
Dec 22, 2020
Sold by
Grayes Theodore
Bought by
Williams Michael Rhea and Williams Nancye Midlene
Seller's Agent
Tara Airhart
Real Estate Agency
Buyer's Agent
Robert Hunt
Epique Realty
List Price
$349,000
Sold Price
$375,000
Premium/Discount to List
$26,000
7.45%
Total Days on Market
3
Current Estimated Value
$483,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,039
Avg. Annual Appreciation
5.84%
Original Mortgage
$337,565
Outstanding Balance
$303,792
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$179,247

Purchase Details

Closed on
Feb 25, 2016
Sold by
Grayes Theodore H
Bought by
Grayes Theodore and Theodore Grayes Revocable Living Trust
Source: Public Records

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Range of Values:

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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
Williams Michael Rhea $375,000 Memphis Title Co
Grayes Theodore -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Michael Rhea $337,565
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2020 12/22/20 Sold $375,000 +7.4% $104 / Sq Ft
10/30/2020 10/30/20 For Sale $349,000 -- $97 / 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 $3,210 $115,250 $23,000 $92,250
2024 $3,210 $94,700 $20,000 $74,700
2023 $5,769 $94,700 $20,000 $74,700
2022 $5,769 $94,700 $20,000 $74,700
2021 $5,836 $94,700 $20,000 $74,700
2020 $5,396 $74,475 $20,000 $54,475
2019 $2,380 $74,475 $20,000 $54,475
2018 $2,380 $74,475 $20,000 $54,475
2017 $2,436 $74,475 $20,000 $54,475
2016 $3,020 $69,100 $0 $0
2014 $3,020 $69,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10087852

Memphis Area Association of REALTORS®

APN: 09-1071-0-0011