NOT LISTED FOR SALE

7050 Presmond Rd Cordova, TN 38018

Estimated Value: $221,000 - $272,000

4 Beds
2 Baths
1,200-1,399 Sq Ft
$171/Sq Ft Est. Value

Last Sold June 10, 2021

Last sale price $194,500 $139 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,467/month

Highlights

  • Updated Kitchen
  • 1 Fireplace
  • Some Wood Windows
  • Traditional Architecture
  • Den
  • Tile Flooring

About This Home

As of June 2021

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2021 standards! Target rent = $1395 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: 03/08/2021

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,521

Year Built

  • Built in 1995

Lot Details

  • 9,148 Sq Ft Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,348 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Some Wood Windows
  • Den
  • Iron Doors

Kitchen

  • Updated Kitchen
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Lagrange Meadows Subdivision

Listing and Financial Details

  • Assessor Parcel Number D0213V E00011

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,521

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 792D
  • MAAR Subdivision Name: LAGRANGE MEADOWS
  • List Price Per Sq Ft: 144
  • Number Of Stories: 1
  • Price Per Sq Ft: 144.29
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1348
  • Year Built: 1995
  • 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, 4th of More Bedrooms, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedroom 4 Description: Level 1
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Floors/Ceilings: Wood Laminate Floors, Tile
  • Full Bathrooms: 2
  • Equipment: Disposal, Dishwasher
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2
  • 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: Driveway/Pad, Garage Door Opener(s), Front-Load Garage

Utilities

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

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 11
  • Acreage: 0.21
  • Lot Size: 9125 SF 87 X 155
  • Price Per Acre: 926190

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: D0213V E00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2021
Sold by
Nuttall Pamela Keeling
Bought by
Memphis Investment Properties Iii Llc
Total Days on Market
0
Current Estimated Value
$239,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,585
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 9, 2021
Sold by
Memphis Investment Properties Iii Llc
Bought by
Marvik Erik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,585
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 10, 2011
Closed on
Mar 22, 2012
Sold by
Kemp Jeffery W and Kemp Jffrey W
Bought by
Keeling Nuttall Pamela I
Seller's Agent
Lisa Cox
Groome & Co.
Buyer's Agent
Lewis Marshall
BHHS McLemore & Co., Realty
List Price
$109,900
Sold Price
$104,900
Premium/Discount to List
-$5,000
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.45%
Original Mortgage
$83,900
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2000
Sold by
Bruce Carol L
Bought by
Kemp Jeffrey W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,400
Interest Rate
8.21%

Purchase Details

Closed on
Dec 6, 1999
Sold by
Bruce Michael W
Bought by
Bruce Carol L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,400
Interest Rate
8.21%

Purchase Details

Closed on
Dec 9, 1998
Sold by
Michel Raymond J
Bought by
Bruce Michael W and Bruce Carol L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,550
Interest Rate
10.99%

Purchase Details

Closed on
Sep 20, 1996
Sold by
Bowden Building Corp
Bought by
Michel Raymond J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,638
Interest Rate
8.37%
Mortgage Type
VA
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
Memphis Investment Properties Iii Llc $100,000 Closetrak Llc
Marvik Erik $194,500 Delta Title Services Llc
Keeling Nuttall Pamela I $104,900 Edco Title & Closing Service
Kemp Jeffrey W $90,414 --
Bruce Carol L -- Escrow & Title
Bruce Michael W $99,500 --
Michel Raymond J $86,900 Southern Escrow Title Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Memphis Investment Properties Iii Llc $151,585
Previous Owner Marvik Erik $124,875
Previous Owner Keeling Nuttall Pamela I $83,900
Previous Owner Kemp Jeffrey W $298,560
Previous Owner Kemp Jeffrey W $80,400
Previous Owner Bruce Michael W $89,550
Previous Owner Michael Raymond J $90,751
Previous Owner Michel Raymond J $88,638
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2021 06/10/21 Sold $194,500 0.0% $162 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
03/08/2021 03/08/21 For Sale $194,500 +85.4% $162 / Sq Ft
03/22/2012 03/22/12 Sold $104,900 -4.5% $87 / Sq Ft
02/19/2012 02/19/12 Pending -- -- --
10/10/2011 10/10/11 For Sale $109,900 -- $92 / 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 $1,521 $64,575 $8,750 $55,825
2024 $1,521 $44,875 $6,875 $38,000
2023 $1,521 $44,875 $6,875 $38,000
2022 $1,521 $44,875 $6,875 $38,000
2021 $1,548 $44,875 $6,875 $38,000
2020 $1,248 $30,825 $6,875 $23,950
2019 $1,248 $30,825 $6,875 $23,950
2018 $1,248 $30,825 $6,875 $23,950
2017 $1,267 $30,825 $6,875 $23,950
2016 $1,154 $26,400 $0 $0
2014 $1,154 $26,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Reedy

    Seller's Agent in 2021

    Jim Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    15 in this area

    479 Total Sales

    Jim Reedy
    Section Image

  • B

    Buyer's Agent in 2021

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    17 in this area

    497 Total Sales

    Bradley Reedy
    Section Image
  • Lisa Cox

    Seller's Agent in 2012

    Lisa Cox

    Groome & Co.

    (901) 412-8559

    14 in this area

    176 Total Sales

    Lisa Cox
    Section Image
  • Lewis Marshall

    Buyer's Agent in 2012

    Lewis Marshall

    BHHS McLemore & Co., Realty

    (901) 605-7371

    2 in this area

    68 Total Sales

    Lewis Marshall
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10094740

Memphis Area Association of REALTORS®

APN: D0-213V-E0-0011

Tennessee Shelby County Cordova 38018

7050 Presmond Rd, Cordova, TN

This home is located at 7050 Presmond Rd, Cordova, TN 38018 since 08 March 2021 and is currently estimated at $239,580, approximately $171 per square foot. This property was built in 1995. 7050 Presmond Rd 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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