NOT LISTED FOR SALE

7023 Cobblestone Dr Memphis, TN 38125

Southern Shelby County Neighborhood

Estimated Value: $205,529 - $254,000

3 Beds
2 Baths
1,600-1,799 Sq Ft
$123/Sq Ft Est. Value

Last Sold May 30, 2012

Last sale price $53,000 $29 Per Sq Ft

Est. 316% increase in value since last sale

Current estimated payment $1,348/month

16 Days on Market

Highlights

  • Traditional Architecture
  • Great Room
  • Porch
  • 1 Fireplace
  • Some Wood Windows
  • 2 Car Attached Garage

About This Home

As of May 2012

APPROVED SHORT SALE. Great buy for the money, nice area and lots of space. Home has a lot of potential. AS IS but doesn't need muchLots of space.

Last Agent to Sell the Property

latasha conway

Divine Destiny Realty License #267076 Listed on: 04/24/2012

Last Buyer's Agent

Mark Saller

Reedy Group II, LLC License #239921

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,315

Year Built

  • Built in 1982

Lot Details

  • 9,583 Sq Ft Lot
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,636 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Some Wood Windows
  • Great Room
  • Dining Room
  • Wall to Wall Carpet
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Additional Features

  • Porch
  • Central Heating and Cooling System

Community Details

  • Georgetwon Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 093507 A00112

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,315

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: RIVERDALE
  • MLS Map #: 787A
  • MAAR Subdivision Name: GEORGETOWN VILLAGE
  • Number Of Stories: 1
  • Price Per Sq Ft: 32.4
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1636
  • Year Built: 1982
  • Special Features: 12
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wall to Wall Carpet
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Dining Room, Great Room, Eat-In Kitchen, Pantry, Washer/Dryer Connections
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer, Wood Window(s)

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 8
  • Acreage: 0.22
  • Lot Size: 0.230AC 80X125

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 093507 A00112

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2012
Sold by
Wolpoff Sheldon B and Wolpoff Harriet S
Bought by
Wolpoff Sheldon B and Wolpoff Harriet S
Total Days on Market
16
Current Estimated Value
$220,632

Purchase Details

Closed on
Aug 1, 2012
Sold by
Memphis Invest Gp
Bought by
Wolpoff Sheldon B and Wolpoff Harriet S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,125
Outstanding Balance
$49,289
Interest Rate
3.68%
Mortgage Type
New Conventional
Estimated Equity
$171,343

Purchase Details

Listed on
Apr 24, 2012
Closed on
May 30, 2012
Sold by
Sheegog Lauduanna
Bought by
Memphis Invest Gp
Seller's Agent
latasha conway
Divine Destiny Realty
Buyer's Agent
Mark Saller
Reedy Group II, LLC
List Price
$82,900
Sold Price
$53,000
Premium/Discount to List
-$29,900
-36.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.58%
Original Mortgage
$67,650
Interest Rate
3.84%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 17, 2007
Sold by
Miller Charles G
Bought by
Sheegog Lauduanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,450
Interest Rate
10.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2006
Sold by
Patterson Fredrick and Patterson Sandra L
Bought by
Lasalle Bank Na and Bear Stearns Asset Backed Securities I L

Purchase Details

Closed on
Aug 20, 2004
Sold by
Armour Felecia L
Bought by
Patterson Frederick and Patterson Sandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 14, 2003
Sold by
Reed Kent
Bought by
Hud

Purchase Details

Closed on
May 28, 1999
Sold by
Porter Kimberly M
Bought by
Reed Kent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,951
Interest Rate
6.9%
Mortgage Type
FHA
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
Wolpoff Sheldon B -- None Available
Wolpoff Sheldon B $93,500 None Available
Memphis Invest Gp $53,000 None Available
Sheegog Lauduanna $137,000 None Available
Lasalle Bank Na $99,577 None Available
Patterson Frederick $118,000 --
Hud $99,500 --
Reed Kent $96,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wolpoff Sheldon B $70,125
Previous Owner Memphis Invest Gp $67,650
Previous Owner Sheegog Lauduanna $116,450
Previous Owner Miller Charles G $92,000
Previous Owner Patterson Frederick $93,000
Previous Owner Armour Felecia $75,650
Previous Owner Reed Kent $12,832
Previous Owner Reed Kent $95,951
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2012 05/30/12 Sold $53,000 -36.1% $33 / Sq Ft
05/10/2012 05/10/12 Pending -- -- --
04/24/2012 04/24/12 For Sale $82,900 -- $52 / 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 $1,315 $57,250 $12,125 $45,125
2024 $1,315 $38,800 $6,250 $32,550
2023 $2,364 $38,800 $6,250 $32,550
2022 $2,364 $38,800 $6,250 $32,550
2021 $2,391 $38,800 $6,250 $32,550
2020 $1,846 $25,475 $6,250 $19,225
2019 $1,846 $25,475 $6,250 $19,225
2018 $1,846 $25,475 $6,250 $19,225
2017 $1,047 $25,475 $6,250 $19,225
2016 $1,060 $24,250 $0 $0
2014 $1,060 $24,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • latasha conway

    Seller's Agent in 2012

    latasha conway

    Divine Destiny Realty

    (901) 502-8810

    6 in this area

    99 Total Sales

    latasha conway
    Section Image
  • Mark Saller

    Buyer's Agent in 2012

    Mark Saller

    Reedy Group II, LLC

    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3245872

Memphis Area Association of REALTORS®

APN: 09-3507-A0-0112

Tennessee Shelby County Memphis 38125 Southern Shelby County

7023 Cobblestone Dr, Memphis, TN

This home is located at 7023 Cobblestone Dr, Memphis, TN 38125 since 24 April 2012 and is currently estimated at $220,632, approximately $122 per square foot. This property was built in 1982. 7023 Cobblestone Dr is a home located in Shelby County with nearby schools including Germanshire Elementary School, Kirby High School, and East Academy.

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