NOT LISTED FOR SALE

6877 Lagrange Hill Rd Cordova, TN 38018

Cordova Neighborhood

Estimated Value: $203,533 - $215,000

3 Beds
2 Baths
1,000-1,199 Sq Ft
$175/Sq Ft Est. Value

Last Sold February 11, 2020

Last sale price $139,900 $117 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,205/month

Highlights

  • Updated Kitchen
  • 1 Fireplace
  • Walk-In Closet
  • Traditional Architecture
  • Some Wood Windows
  • Living Room

About This Home

As of February 2020

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2019 standards! Target rent = $1220 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!

Last Agent to Sell the Property

Jim Reedy

Reedy & Company, REALTORS License #15602 Listed on: 10/25/2019

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1996

Lot Details

  • 6,534 Sq Ft Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,147 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Some Wood Windows
  • Living Room
  • Dining Room
  • Iron Doors

Kitchen

  • Updated Kitchen
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Front Facing Garage

Utilities

  • Central Heating and Cooling System

Community Details

  • Lagrange Park Ph 2 & 3 Subdivision

Listing and Financial Details

  • Assessor Parcel Number D0207B C00037

Home Details

Home Type

Single Family

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: LAGRANGE PARK PH2
  • List Price Per Sq Ft: 122
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1147
  • Year Built: 1996
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors
  • Full Bathrooms: 2
  • Equipment: Disposal, Dishwasher
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Misc Interior: Walk-In Closet(s)
  • Number Of Fireplaces: 1
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 98
  • Acreage: 0.15
  • Lot Size: 6600 SF .15 AC 60 X 110

Tax Info

  • Assessor Parcel Number: D0207B C00037

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2019
Closed on
Feb 10, 2020
Sold by
Memphis Investors Properties Ii Llc
Bought by
Masrour Rouzben and Habibzadeh Mojgan
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$139,900
Sold Price
$139,900
Current Estimated Value
$209,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,983
Avg. Annual Appreciation
7.22%
Original Mortgage
$90,935
Outstanding Balance
$80,360
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$129,523

Purchase Details

Closed on
Oct 15, 2019
Sold by
Fowler Rebecca A and Donaldson Paul E
Bought by
Memphis Invetment Properties Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.4%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 30, 2018
Sold by
Donaldson Edsel N and Donaldson Frances E
Bought by
Donaldson Frances E

Purchase Details

Closed on
May 20, 2011
Sold by
Brown Steven and Brown Laura
Bought by
Donaldson Edsel N and Donaldson Frances E

Purchase Details

Closed on
Jan 26, 2004
Sold by
Sowell Stephanie L
Bought by
Brown Steven and Brown Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,000
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 7, 2002
Sold by
Sowell Sherel A
Bought by
Sowell Stephanie L

Purchase Details

Closed on
Nov 15, 1996
Sold by
Paragon Properties Llc
Bought by
Sowell Sherel A and Hindmon Stephanie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,935
Interest Rate
8.02%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Masrour Rouzben $139,900 Delta Title Services Llc
Memphis Invetment Properties Ii Llc $85,000 Delta Title Services Llc
Donaldson Frances E -- None Available
Donaldson Edsel N $90,000 First National Title Llc
Brown Steven $102,000 --
Sowell Stephanie L -- --
Sowell Sherel A $87,900 --
Sowell Sherel A $87,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Masrour Rouzben $90,935
Previous Owner Memphis Invetment Properties Ii Llc $100,000
Previous Owner Brown Steven $46,000
Previous Owner Sowell Sherel A $87,935
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2020 02/11/20 Sold $139,900 0.0% $140 / Sq Ft
10/25/2019 10/25/19 Pending -- -- --
10/25/2019 10/25/19 For Sale $139,900 -- $140 / 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 $1,213 $48,200 $6,500 $41,700
2024 $1,213 $35,775 $5,325 $30,450
2023 $1,213 $35,775 $5,325 $30,450
2022 $1,213 $35,775 $5,325 $30,450
2021 $1,234 $35,775 $5,325 $30,450
2020 $1,001 $24,725 $5,325 $19,400
2019 $0 $24,725 $5,325 $19,400
2018 $1,001 $24,725 $5,325 $19,400
2017 $1,016 $24,725 $5,325 $19,400
2016 $997 $22,825 $0 $0
2014 $997 $22,825 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Reedy

    Seller's Agent in 2020

    Jim Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    11 in this area

    365 Total Sales

    Jim Reedy
    Section Image

  • B

    Buyer's Agent in 2020

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    13 in this area

    381 Total Sales

    Bradley Reedy
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10064933

Memphis Area Association of REALTORS®

APN: D0-207B-C0-0037

Tennessee Shelby County 38018 Cordova

6877 Lagrange Hill Rd, TN

Not Listed for Sale

Detached

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