NOT LISTED FOR SALE

7088 Amberly Way Dr Cordova, TN 38018

Cordova Neighborhood

Estimated Value: $193,000 - $211,000

3 Beds
2 Baths
1,059 Sq Ft
$191/Sq Ft Est. Value

Last Sold December 04, 2020

Last sale price $144,900 $137 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,150/month

Highlights

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

About This Home

As of December 2020

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2020 standards! Target rent = $1150 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: 11/04/2020

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1994

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 56x120
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,059 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

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • Lagrange Station Subdivision

Listing and Financial Details

  • Assessor Parcel Number D0213V D00009

Home Details

Home Type

Single Family

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: LAGRANGE STATION
  • List Price Per Sq Ft: 137
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1059
  • Year Built: 1994
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Master Bedroom, 2nd Bedroom, 3rd Bedroom
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 10000+
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors, Tile
  • Full Bathrooms: 2
  • Equipment: Disposal, Dishwasher
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Master Bedroom: Level 1
  • Number Of Fireplaces: 1

Exterior Features

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

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Level
  • Lot Number: 9
  • Acreage: 0.15
  • Lot Size: 56X120

Tax Info

  • Assessor Parcel Number: D0213V D00009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2020
Closed on
Dec 10, 2020
Sold by
Wierzba John P
Bought by
Jrsps Memi Llc
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$144,900
Sold Price
$144,900
Current Estimated Value
$201,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,760
Avg. Annual Appreciation
6.84%
Original Mortgage
$130,000
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Nov 4, 2020
Closed on
Dec 1, 2020
Sold by
Memphis Investment Porperties Ii Llc
Bought by
Wierzba John P
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$144,900
Sold Price
$144,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Nov 4, 2020
Closed on
Oct 21, 2020
Sold by
Burnett Kristen L and Gay Kristen L
Bought by
Memphis Investment Properties Ii Llc
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$144,900
Sold Price
$144,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 23, 2004
Sold by
Dryden Kelley Ann
Bought by
Burnette Kristen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,735
Interest Rate
5.36%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 31, 2001
Sold by
Clemence Anderson Randal S
Bought by
Dryden Kelley Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,415
Interest Rate
7.18%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 26, 1998
Sold by
Anderson Stephanie and Clemence Kurtis W
Bought by
Anderson Randal Scott and Anderson Stephanie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,969
Interest Rate
6.65%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 9, 1998
Sold by
Clemence Bill G and Clemence Catherine M
Bought by
Anderson Stephanie and Clemence Kurtis W
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
Jrsps Memi Llc -- None Available
Wierzba John P $144,900 Delta Title Services Llc
Memphis Investment Properties Ii Llc $98,000 None Available
Burnette Kristen L $97,500 Edco Title & Closing
Dryden Kelley Ann $93,900 --
Dryden Kelley Ann $93,900 --
Anderson Randal Scott -- --
Anderson Randal Scott -- --
Anderson Stephanie -- --
Anderson Stephanie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Memphis Investment Properties Ii Llc $130,000
Previous Owner Burnette Kristen L $96,735
Previous Owner Dryden Kelley Ann $92,415
Previous Owner Anderson Randal Scott $73,969
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2020 12/04/20 Sold $144,900 0.0% $137 / Sq Ft
11/04/2020 11/04/20 Pending -- -- --
11/04/2020 11/04/20 For Sale $144,900 -- $137 / 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 $1,065 $52,950 $8,750 $44,200
2024 $1,065 $31,425 $6,875 $24,550
2023 $1,065 $31,425 $6,875 $24,550
2022 $1,065 $31,425 $6,875 $24,550
2021 $1,084 $31,425 $6,875 $24,550
2020 $947 $23,375 $6,875 $16,500
2019 $947 $23,375 $6,875 $16,500
2018 $947 $23,375 $6,875 $16,500
2017 $961 $23,375 $6,875 $16,500
2016 $874 $20,000 $0 $0
2014 $874 $20,000 $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

    364 Total Sales

    Jim Reedy
    Section Image

  • B

    Buyer's Agent in 2020

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    13 in this area

    380 Total Sales

    Bradley Reedy
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10088345

Memphis Area Association of REALTORS®

APN: D0-213V-D0-0009

Tennessee Shelby County 38018 Cordova

7088 Amberly Way Dr, TN

Not Listed for Sale

Detached

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