$132,000
SOLD JUL 5, 2016

501 Bruins Trace Cordova, TN 38018

3 Beds
2 Baths
1,600-1,799 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$73 Per Sq Ft

11% Below List Price

6 Days on Market

Highlights

  • Updated Kitchen
  • Traditional Architecture
  • Great Room
  • Landscaped Professionally
  • Whirlpool Bathtub
  • Den with Fireplace

About This Home

As of July 2016

Wonderful home that backs up to Bert Fergerson Park. Home is in excellent condition....updated with fresh paint, carpet, s/s appl. Terrific floor plan, Open, spacious Great room w/ fireplace, vaulted ceiling. 3 bdrm, 2 baths, split plan. Master has two walk-in closets. large walk-in shower. Formal Dining room w/ bay window. Tile floors in Kitchen, open to Great rm, perfect for entertaining!

Last Agent to Sell the Property

Thomas Marchbanks

eXp Realty, LLC License #221504 Listed on: 06/07/2016

eXp Realty, LLC

Last Buyer's Agent

Terri Porter

The Porter Group License #263573

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,470

Year Built

  • Built in 1997

Lot Details

  • 6,098 Sq Ft Lot
  • Wood Fence
  • Landscaped Professionally
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,409 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Great Room
  • Den with Fireplace
  • Home Security System
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Trinity Crossing Pd Ph 2 Par B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 091066 B00012

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,470

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 796C
  • MAAR Subdivision Name: CORDOVA FARMS PH2
  • List Price Per Sq Ft: 99
  • Number Of Stories: 1
  • Price Per Sq Ft: 93.68
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1409
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Split Bedroom Plan, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 1, Shared Bath, Carpet
  • Bedroom 3 Description: Level 1, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: In Den/Great Room, Gas Logs
  • Floors/Ceilings: Part Carpet, Tile
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Disposal, Dishwasher, Cable Wired
  • Living Dining Kitchen: Great Room, Updated/Renovated Kitchen, Pantry
  • Misc Interior: Cat/Dog Free House, Security System
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Entry Hall
  • Total Bathrooms: 2
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Carpet

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Driveway/Pad, Front-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central
  • Water Sewer: Electric Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level, Professionally Landscaped, Wood Fenced
  • Lot Number: 60
  • Acreage: 0.14
  • Lot Size: 6000 SF 50 X 120
  • Price Per Acre: 992857

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 091066 B00012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2019
Sold by
Progress Residential Borrower 7 Llc
Bought by
Progress Residential Borrower 7 Llc
Current Estimated Value
$247,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,054,000
Outstanding Balance
$422,114,612
Interest Rate
4%
Mortgage Type
Commercial
Estimated Equity
-$421,864,634

Purchase Details

Listed on
Aug 3, 2016
Closed on
Jul 6, 2016
Sold by
Mercado Valentina
Bought by
Freo 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
$1,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.29%

Purchase Details

Closed on
Feb 15, 2010
Sold by
Stoudemire Angela
Bought by
Mercado Valentina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,273
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 13, 2004
Sold by
Scoggins Jeffrey Alan
Bought by
Stoudemire Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,945
Interest Rate
5.49%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 7, 1999
Sold by
Scoggins Sheri Lynn
Bought by
Scoggins Jeffery Alan

Purchase Details

Closed on
May 8, 1997
Sold by
Bowden Building Corp
Bought by
Scoggins Jeffrey A and Scoggins Sheri L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,220
Interest Rate
8.37%
Mortgage Type
VA
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 Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed $132,000 Mid South Title Services Llc
Warranty Deed $119,500 Realty Title
Warranty Deed $133,000 --
Interfamily Deed Transfer -- --
Warranty Deed $111,000 Southern Escrow Title Compan
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $479,054,000 Commercial
Previous Owner $98,670 New Conventional
Previous Owner $97,273 FHA
Previous Owner $130,945 FHA
Previous Owner $15,000 Credit Line Revolving
Previous Owner $7,500 Credit Line Revolving
Previous Owner $117,587 FHA
Previous Owner $113,220 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2016 08/05/16 Rented $1,299 0.0% --
08/05/2016 08/05/16 Under Contract -- -- --
08/03/2016 08/03/16 For Rent $1,299 0.0% --
07/05/2016 07/05/16 Sold $132,000 -11.4% $83 / Sq Ft
06/13/2016 06/13/16 Pending -- -- --
06/07/2016 06/07/16 For Sale $149,000 -- $93 / 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 $1,470 $63,975 $10,025 $53,950
2024 $1,470 $43,375 $6,625 $36,750
2023 $2,642 $43,375 $6,625 $36,750
2022 $2,642 $43,375 $6,625 $36,750
2021 $2,673 $43,375 $6,625 $36,750
2020 $2,248 $31,025 $6,625 $24,400
2019 $2,248 $31,025 $6,625 $24,400
2018 $2,248 $31,025 $6,625 $24,400
2017 $1,275 $31,025 $6,625 $24,400
2016 $1,237 $28,300 $0 $0
2014 $1,237 $28,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9978924

Memphis Area Association of REALTORS®

APN: 09-1066-B0-0012