NOT LISTED FOR SALE

7583 Fairway Forest Dr W Cordova, TN 38016

Estimated Value: $360,000 - $394,564

3 Beds
2.5 Baths
3,200-3,399 Sq Ft
$111/Sq Ft Est. Value

Last Sold April 29, 2020

Last sale price $245,000 $72 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,352/month

26 Days on Market

Highlights

  • The property is located in a historic district
  • Deck
  • Marble Flooring
  • Landscaped Professionally
  • Vaulted Ceiling
  • Soft Contemporary Architecture

About This Home

As of April 2020

BACK ON MARKET ...CONTACT FAILED!! Beautiful home w/circular drive nestled on a quiet street in Cordova Club. Freshly painted interior. Large master with coffer ceiling, jacuzzi & large master closet. Hardwood floors in living rm & dining room. Private office downstairs, large laundry room. 2 fireplaces. Eat in Kitchen with step down Hearth room with fireplace. 3 bedrooms upstairs with full bath, Open Loft with balcony. surround sound throughout house. Call to schedule your private viewing.

Last Listed By

Cynthia Murrell

The Regal Group License #248208 Listed on: 02/03/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,899

Year Built

  • Built in 1996

Lot Details

  • 10,019 Sq Ft Lot
  • Landscaped Professionally

Home Design

  • Soft Contemporary Architecture
  • Property Attached
  • Synthetic Stucco Exterior

Interior Spaces

  • 3,200-3,399 Sq Ft Home
  • 3,194 Sq Ft Home
  • 1.5-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Some Wood Windows
  • Double Pane Windows
  • Two Story Entrance Foyer
  • Great Room
  • Breakfast Room
  • Dining Room
  • Keeping Room
  • Breakfast Bar
  • Attic Fan
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Partially Carpeted
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Double Vanity
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Parking

  • 2 Car Garage
  • Side Facing Garage
  • Garage Door Opener

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Heating System Uses Gas
  • 220 Volts

Additional Features

  • Deck
  • The property is located in a historic district

Community Details

  • The Cordova Club Phase One Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 096505 A00077

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,899

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Soft Contemporary
  • Detached Unit Type: General Residential
  • MLS Map #: 792F
  • MAAR Subdivision Name: CORDOVA CLUB (THE) PH1
  • List Price Per Sq Ft: 78
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 76.71
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3194
  • Year Built: 1996
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 3200-3399
  • Bedrooms: 3
  • Bedrooms Down: 1
  • Floors/Ceilings: Part Hardwood, Part Carpet, Marble/Terrazzo, Smooth Ceiling, Vaulted/Coff/Tray Ceiling, Two Story Foyer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Dining Room, Great Room, Breakfast Bar, Separate Breakfast Room, Pantry, Washer/Dryer Connections, Keeping/Hearth Room
  • Number Of Fireplaces: 2
  • Total Bathrooms: 2.1

Exterior Features

  • Misc Exterior: Deck, Historic District
  • Exterior Windows: Brick Veneer, Synthetic Stucco, Wood Window(s), Double Pane Window(s)

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Central, Attic Fan, Ceiling Fan(s), Dual System, 220 Wiring
  • Heating: Central, Gas, Dual System

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Professionally Landscaped
  • Lot Number: 77
  • Acreage: 0.23
  • Lot Size: 10880SF 110X115.97IRR
  • Price Per Acre: 1086957

Multi Family

  • Number Of Rooms: 9

Tax Info

  • Assessor Parcel Number: 096505 A00077

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2020
Closed on
Apr 29, 2020
Sold by
White Janet
Bought by
Rivera Antonio and Mondragon Maria Adela
Seller's Agent
Cynthia Murrell
The Regal Group
Buyer's Agent
Teresa Bernhardt
901 Properties
List Price
$250,000
Sold Price
$245,000
Premium/Discount to List
-$5,000
-2%
Total Days on Market
26
Current Estimated Value
$376,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,891
Avg. Annual Appreciation
8.85%
Original Mortgage
$195,294
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2003
Sold by
Thorp Max K and Thorp Kristi S
Bought by
White Ralph and White Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,500
Interest Rate
6.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 1996
Sold by
Thorp Kenneth
Bought by
Thorp Max K and Thorp Kristi S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
8.27%

Range of Values:

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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
Rivera Antonio $245,000 Preferred Title & Escrow Ins
White Ralph $250,000 Assured Escrow & Title
Thorp Max K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rivera Antonio $195,294
Previous Owner White Ralph $321,000
Previous Owner White Ralph $51,315
Previous Owner White Ralph $212,500
Previous Owner Thorp Max K $240,000
Previous Owner Thorp Max K $45,000
Previous Owner Thorp Max K $194,000
Previous Owner Thorp Max K $35,000
Previous Owner Thorp Max K $160,000
Closed White Ralph $37,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2020 04/29/20 Sold $245,000 -2.0% $77 / Sq Ft
02/03/2020 02/03/20 For Sale $250,000 -- $78 / 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
2024 $2,899 $85,525 $12,475 $73,050
2023 $5,210 $85,525 $12,475 $73,050
2022 $4,203 $69,000 $12,475 $56,525
2021 $4,253 $69,000 $12,475 $56,525
2020 $4,301 $59,350 $12,475 $46,875
2019 $1,897 $59,350 $12,475 $46,875
2018 $1,897 $59,350 $12,475 $46,875
2017 $1,942 $59,350 $12,475 $46,875
2016 $2,211 $50,600 $0 $0
2014 $2,211 $50,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10070159

Memphis Area Association of REALTORS®

APN: 09-6505-A0-0077