NOT LISTED FOR SALE

7415 Macon Rd Cordova, TN 38018

Cordova Neighborhood

Estimated Value: $190,000 - $233,000

2 Beds
1 Bath
2,208 Sq Ft
$95/Sq Ft Est. Value

Last Sold February 18, 2021

Last sale price $170,000 $77 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,283/month

Highlights

  • 1 Acre Lot
  • Storage Room
  • Concrete Flooring
  • Wooded Lot
  • Central Heating and Cooling System
  • Wood Fence

About This Home

As of February 2021

This duplex would make a great income earning property, or live on one side and have the other side pay your mortgage! Over an acre wooded lot with large shed. NO CITY TAXES! This is a rare opportunity in Cordova.

Last Agent to Sell the Property

Julie Henley

Adaro Realty, Inc. License #342607 Listed on: 01/12/2021

Adaro Realty, Inc.

Last Buyer's Agent

Stephanie Lewis

Purple Reign Realty License #266211

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,103

Year Built

  • Built in 1985

Lot Details

  • 1 Acre Lot
  • Wood Fence
  • Wooded Lot

Home Design

  • Duplex

Interior Spaces

  • 2,208 Sq Ft Home
  • 1-Story Property
  • Storage Room
  • Concrete Flooring
  • Free-Standing Range

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Gillett Subdivision

Listing and Financial Details

  • Assessor Parcel Number D0213 00067

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,103

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Ranch
  • MLS Map #: 792G
  • MAAR Subdivision Name: GILLETT
  • Freestanding: Yes
  • List Price Per Sq Ft: 95
  • Number Of Stories: 1
  • Price Per Sq Ft: 76.99
  • Estimated Sq Ft: 2208
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Concrete Floor
  • Appliances Equipment: Range/Oven (Freestanding)

Exterior Features

  • Exterior Windows: Brick Veneer

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking: Driveway/Pad, Storage Room(s)

Utilities

  • Cooling: Central Cooling
  • Heating: Central
  • Hot Water: Electric

Lot Info

  • Lot Description: Wood Fenced, Wooded
  • Lot Number: 1
  • Acreage: 1
  • Lot Size: 1.0AC150X296.48
  • Price Per Acre: 210000

Tax Info

  • Assessor Parcel Number: D0213 00067

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2021
Sold by
Arrington Cindricka Lajane
Bought by
Brown Mark and 7415 Trust
Current Estimated Value
$209,038

Purchase Details

Listed on
Jan 12, 2021
Closed on
Feb 16, 2021
Sold by
Simpson John R
Bought by
Arrington Cindricka Lajane
Seller's Agent
Julie Henley
Adaro Realty, Inc.
Buyer's Agent
Stephanie Lewis
Purple Reign Realty
List Price
$210,000
Sold Price
$170,000
Premium/Discount to List
-$40,000
-19.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.55%
Original Mortgage
$114,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Simpson Ii John R

Purchase Details

Closed on
Jun 7, 2011
Sold by
Poore Robert G
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Sep 28, 2005
Sold by
The Estate Of Ruth Rochelle Gillett
Bought by
Poore Robert G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,800
Interest Rate
5.54%
Mortgage Type
Fannie Mae Freddie Mac
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
Brown Mark -- None Available
Arrington Cindricka Lajane $170,000 None Available
Simpson Ii John R $99,900 Servicelink Hopewell Campus
Federal Home Loan Mortgage Corporation $127,000 None Available
Poore Robert G $173,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arrington Cindricka Lajane $114,000
Previous Owner Poore Robert G $138,800
Closed Poore Robert G $34,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/18/2021 02/18/21 Sold $170,000 -19.0% $77 / Sq Ft
01/14/2021 01/14/21 Pending -- -- --
01/12/2021 01/12/21 For Sale $210,000 -- $95 / 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 $2,103 $78,720 $17,040 $61,680
2024 $2,103 $62,040 $17,040 $45,000
2023 $2,103 $62,040 $17,040 $45,000
2022 $2,103 $62,040 $17,040 $45,000
2021 $1,338 $38,775 $10,650 $28,125
2020 $1,462 $36,100 $10,125 $25,975
2019 $1,462 $36,100 $10,125 $25,975
2018 $1,462 $36,100 $10,125 $25,975
2017 $1,484 $36,100 $10,125 $25,975
2016 $1,479 $33,850 $0 $0
2014 $1,479 $33,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Julie Henley

    Seller's Agent in 2021

    Julie Henley

    Adaro Realty, Inc.

    (901) 573-5179

    4 in this area

    17 Total Sales

    Julie Henley
    Section Image
  • Stephanie Lewis

    Buyer's Agent in 2021

    Stephanie Lewis

    Purple Reign Realty

    (901) 574-2148

    5 in this area

    68 Total Sales

    Stephanie Lewis
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10091642

Memphis Area Association of REALTORS®

APN: D0-213-0-0067

Tennessee Shelby County Cordova 38018 Cordova

7415 Macon Rd, Cordova, TN

This home is located at 7415 Macon Rd, Cordova, TN 38018 since 12 January 2021 and is currently estimated at $209,038, approximately $94 per square foot. This property was built in 1985. 7415 Macon 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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