NOT LISTED FOR SALE

6986 Wynne Ridge Rd N Cordova, TN 38016

Cordova Neighborhood

Estimated Value: $213,000 - $244,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$141/Sq Ft Est. Value

Last Sold March 15, 2016

Last sale price $81,500 $51 Per Sq Ft

Est. 176% increase in value since last sale

Current estimated payment $1,292/month

Highlights

  • Traditional Architecture
  • Double Pane Windows
  • Level Lot
  • Porch
  • Central Heating and Cooling System

About This Home

As of March 2016

GREAT ASSET PROPERTY MANAGED BY PREMIER PROPERTY MANAGEMENT THAT GOT $1065 MONTH RENT. THIS ASSET IS CURRENTLY VACANT AND READY FOR NEW TENANT OR HOMEOWNER. SELLER WILLING TO ASSIST BUYER WITH CLOSING COST OR BUY APPLIANCES IF BUYER WOULD RATHER HAVE THAN DISCOUNTING PROPERTY...

Last Agent to Sell the Property

Mark Saller

Reedy Group II, LLC License #239921 Listed on: 10/16/2015

Last Buyer's Agent

?? ?

Reliable Realty & Property Mgt License #318200

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,223

Year Built

  • Built in 2007

Lot Details

  • 4,356 Sq Ft Lot
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,549 Sq Ft Home
  • 1.7-Story Property
  • Double Pane Windows

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Front Facing Garage

Additional Features

  • Porch
  • Central Heating and Cooling System

Community Details

  • Dexter Ridge Farms Pd Subdivision

Listing and Financial Details

  • Assessor Parcel Number D0207B E00024

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,223

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 792D
  • MAAR Subdivision Name: DEXTER RIDGE FARMS
  • List Price Per Sq Ft: 61
  • Number Of Stories: 1.7
  • Price Per Sq Ft: 52.61
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1549
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Up
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Double Pane Window(s)

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 24
  • Acreage: 0.1
  • Lot Size: 44.38 X 105.04 (IRR)
  • Price Per Acre: 949000

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: D0207B E00024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2015
Closed on
Apr 19, 2016
Sold by
Li Tao Gu
Bought by
Zhou Yu and Zheng Hong
Seller's Agent
Mark Saller
Reedy Group II, LLC
Buyer's Agent
?? ?
Reliable Realty & Property Mgt
List Price
$112,500
Sold Price
$81,500
Premium/Discount to List
-$31,000
-27.56%
Current Estimated Value
$225,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,549
Avg. Annual Appreciation
11.16%
Original Mortgage
$63,750
Outstanding Balance
$50,645
Interest Rate
3.68%
Mortgage Type
New Conventional
Estimated Equity
$174,404

Purchase Details

Listed on
Oct 16, 2015
Closed on
Mar 14, 2016
Sold by
Equity Trust Co
Bought by
Li Tao Gu
Seller's Agent
Mark Saller
Reedy Group II, LLC
Buyer's Agent
?? ?
Reliable Realty & Property Mgt
List Price
$112,500
Sold Price
$81,500
Premium/Discount to List
-$31,000
-27.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,750
Outstanding Balance
$50,645
Interest Rate
3.68%
Mortgage Type
New Conventional
Estimated Equity
$174,404

Purchase Details

Closed on
Jan 27, 2012
Sold by
Memphis Invest Gp
Bought by
Equity Trust Company Custodian and Debbie Elkins Ira 124324

Purchase Details

Closed on
Nov 15, 2011
Sold by
Tcb Investments 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
$86,950
Interest Rate
4.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 20, 2011
Sold by
Douglas Gloria
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Jan 26, 2007
Sold by
Yearwood Building Co Llc
Bought by
Douglas Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,960
Interest Rate
9.25%
Mortgage Type
Balloon

Purchase Details

Closed on
Jul 12, 2006
Sold by
Bowden Building Corp
Bought by
Yearwood Building Co Llc

Purchase Details

Closed on
Oct 12, 2005
Sold by
Yearwood Co
Bought by
Bowden Building Corp
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
Zhou Yu $85,000 None Available
Li Tao Gu $81,500 Multiple
Equity Trust Company Custodian $104,900 None Available
Memphis Invest Gp $78,250 None Available
Tcb Investments Llc $75,250 None Available
The Bank Of New York Mellon $115,408 None Available
Douglas Gloria $128,700 Absolute Title & Escrow
Yearwood Building Co Llc $116,000 Edco Title & Closing Service
Bowden Building Corp $377,000 Southern Trust Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhou Yu $63,750
Previous Owner Memphis Invest Gp $86,950
Previous Owner Douglas Gloria $102,960
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2016 03/15/16 Sold $81,500 -27.6% $58 / Sq Ft
03/01/2016 03/01/16 Pending -- -- --
10/16/2015 10/16/15 For Sale $112,500 -- $80 / 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 $1,223 $51,375 $10,000 $41,375
2024 $1,223 $36,075 $7,500 $28,575
2023 $1,223 $36,075 $7,500 $28,575
2022 $1,223 $36,075 $7,500 $28,575
2021 $1,245 $36,075 $7,500 $28,575
2020 $1,200 $29,625 $7,500 $22,125
2019 $1,200 $29,625 $7,500 $22,125
2018 $1,200 $29,625 $7,500 $22,125
2017 $1,218 $29,625 $7,500 $22,125
2016 $1,263 $28,900 $0 $0
2014 $1,263 $28,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Mark Saller

    Reedy Group II, LLC

    Section Image
  • ?? ?

    Buyer's Agent in 2016

    ?? ?

    Reliable Realty & Property Mgt

    (901) 848-1695

    10 in this area

    43 Total Sales

    ?? ?
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9964057

Memphis Area Association of REALTORS®

APN: D0-207B-E0-0024

Tennessee Shelby County Cordova 38016 Cordova

6986 Wynne Ridge Rd N, Cordova, TN

This home is located at 6986 Wynne Ridge Rd N, Cordova, TN 38016 since 16 October 2015 and is currently estimated at $225,049, approximately $140 per square foot. This property was built in 2007. 6986 Wynne Ridge Rd N is a home located in Shelby County with nearby schools including Dexter Elementary School, Dexter Middle School, and Cordova High School.

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