NOT LISTED FOR SALE

7745 Chapel Ridge Dr Cordova, TN 38016

Estimated Value: $882,000 - $1,343,000

7 Beds
7 Baths
9,000-9,999 Sq Ft
$107/Sq Ft Est. Value

Last Sold January 16, 2014

Last sale price $700,000 $70 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $6,306/month

160 Days on Market

Highlights

  • Home Theater
  • Garage Apartment
  • Updated Kitchen
  • Heated In Ground Pool
  • Gated Community
  • 1.01 Acre Lot

About This Home

As of January 2014

New Price!Handsome Southern Colonial w/9400+ sf,7 BRS,7 Baths, Amazing backyard w/waterfall flowing into the pool,spa & firepit!Walk-in wine cellar,handsome library,office,playroom,FP open to MBR/Bath,Sunroom,too much too describe!Qualified buyers please.

Last Agent to Sell the Property

Jennifer & Joel Hobson

Hobson, REALTORS License #24371 Listed on: 06/14/2013

Last Buyer's Agent

Connie Robertson

Bridgetowne Homes License #18231

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,296

Year Built

  • Built in 1998

Lot Details

  • 1.01 Acre Lot
  • Wrought Iron Fence
  • Wood Fence
  • Landscaped Professionally
  • Sprinklers on Timer
  • Wooded Lot

HOA Fees

  • $92 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Traditional Architecture
  • Composition Shingle Roof
  • Synthetic Stucco Exterior

Interior Spaces

  • 9,000-9,999 Sq Ft Home
  • 9,465 Sq Ft Home
  • 2.5-Story Property
  • Wet Bar
  • Central Vacuum
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Factory Built Fireplace
  • Fireplace Features Masonry
  • Double Pane Windows
  • Mud Room
  • Two Story Entrance Foyer
  • Dining Room
  • Home Theater
  • Den with Fireplace
  • 3 Fireplaces
  • Library
  • Bonus Room
  • Play Room
  • Sun or Florida Room
  • Storage Room
  • Laundry Room
  • Keeping Room
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Self-Cleaning Oven
  • Gas Cooktop
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Split Bedroom Floorplan
  • Possible Extra Bedroom
  • In-Law or Guest Suite
  • 7 Full Bathrooms
  • Double Vanity
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Attic

  • Attic Access Panel
  • Permanent Attic Stairs

Home Security

  • Monitored
  • Fire and Smoke Detector
  • Termite Clearance

Parking

  • 3 Car Attached Garage
  • Garage Apartment
  • Workshop in Garage
  • Side Facing Garage

Pool

  • Heated In Ground Pool
  • Spa
  • Pool Equipment or Cover

Outdoor Features

  • Covered patio or porch
  • Outdoor Gas Grill

Utilities

  • Multiple cooling system units
  • Central Air
  • Multiple Heating Units
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 096510 A00047

Community Details

Overview

  • Chapel Creek P D Subdivision
  • Mandatory home owners association

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,296

Year Built

Built in 1998

Lot Details

0

HOA Fees

$92 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional, Colonial
  • Detached Unit Type: General Residential
  • Cross Street: DEXTER
  • MLS Map #: 792E
  • MAAR Subdivision Name: CHAPEL CREEK
  • Number Of Stories: 2.5
  • Price Per Sq Ft: 73.96
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 9465
  • Termite Contract: Yes
  • Year Built: 1998
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 2 or More Baths, Laundry Room, Keeping/Hearth Room
  • Second Story Floor Plan: 3rd Bedroom, 4th or More Bedrooms, 2 or More Baths, Laundry Room, Bonus Room, Media Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Split Bedroom Plan, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 9000 - 9999
  • Bedrooms: 7
  • Bedrooms Down: 3
  • Fireplace: Masonry, Prefabricated, In Den/Great Room, In Primary Bedroom
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, 9 or more Ft. Ceiling, Two Story Foyer
  • Full Bathrooms: 7
  • Equipment: Self Cleaning Oven, Double Oven, Gas Cooking, Disposal, Dishwasher, Refrigerator, Cable Wired, Separate Ice Maker
  • Living Dining Kitchen: Separate Dining Room, Separate Den, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Pantry, Island In Kitchen, Keeping/Hearth Room
  • Misc Interior: Wet Bar, Permanent Attic Stairs, Attic Access, Central Vacuum, Mud Room, Security System, Smoke Detector(s), Monitored Alarm
  • Number Of Fireplaces: 3
  • Other Rooms: Laundry Room, Library/Study, Sun Room, Play Room, Office/Sewing Room, Internal Expansion Area, In-Law Quarters, Finished Basement
  • Total Bathrooms: 7

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Pool Cleaning Equipment, Pool Heater, Gas Grill, B-B-Q Pit, Patio, Covered Patio, Hot Tub, Garage Apartment
  • Exterior Windows: Brick Veneer, Synthetic Stucco, Double Pane Window(s)
  • Foundation: Walk-Out Basement
  • Pool Description: In Ground
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 3
  • Parking Display: G3A
  • Parking Storage: Storage Room(s), Workshop(s), Side-Load Garage, Gate Clickers

Utilities

  • Cooling: Central, Ceiling Fan(s), 3 or More Systems
  • Heating: Gas, 3 or More Systems
  • Water Sewer: Gas Water Heater, 2+ Water Heaters, Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 1100
  • Neighborhood Amenities: Gated Neighborhood
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Wooded, Professionally Landscaped, Wood Fenced, Iron Fenced
  • Lot Number: 47
  • Acreage: 1.01
  • Keeping Hearth Dimension: 25x25
  • Lot Size: 44200 SF 1.01 AC 200 X 221

Multi Family

  • Number Of Rooms: 20

Tax Info

  • Assessor Parcel Number: 096510 A00047

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2013
Closed on
Jan 16, 2014
Sold by
Carter Robert B
Bought by
Scoggins Charles D
Seller's Agent
Jennifer & Joel Hobson
Hobson, REALTORS
Buyer's Agent
Connie Robertson
Bridgetowne Homes
List Price
$1,000,000
Sold Price
$700,000
Premium/Discount to List
-$300,000
-30%
Total Days on Market
160
Current Estimated Value
$1,072,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$372,052
Avg. Annual Appreciation
3.82%
Original Mortgage
$560,000
Outstanding Balance
$415,668
Interest Rate
3.65%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$656,384

Purchase Details

Closed on
Oct 17, 2005
Sold by
Carter Brenda C
Bought by
Carter Robert B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 25, 1998
Sold by
Okeefe Nancy A and Okeefe R
Bought by
Carter Robert B and Carter Brenda C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
7.01%

Purchase Details

Closed on
Feb 6, 1997
Sold by
Bailey John M and Bailey Tasanee
Bought by
Okeefe Nancy A
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
Scoggins Charles D $700,000 None Available
Carter Robert B -- --
Carter Robert B $115,000 --
Okeefe Nancy A $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scoggins Charles D $560,000
Previous Owner Carter Robert B $600,000
Previous Owner Carter Robert B $600,000
Previous Owner Carter Robert B $651,547
Previous Owner Carter Robert B $772,950
Previous Owner Carter Robert B $772,950
Previous Owner Carter Robert B $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2014 01/16/14 Sold $700,000 -30.0% $78 / Sq Ft
11/21/2013 11/21/13 Pending -- -- --
06/14/2013 06/14/13 For Sale $1,000,000 -- $111 / 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 $6,296 $244,700 $32,200 $212,500
2024 $6,296 $185,725 $29,600 $156,125
2023 $11,314 $185,725 $29,600 $156,125
2022 $11,314 $185,725 $29,600 $156,125
2021 $11,446 $185,725 $29,600 $156,125
2020 $12,639 $174,425 $29,600 $144,825
2019 $12,639 $174,425 $29,600 $144,825
2018 $12,639 $174,425 $29,600 $144,825
2017 $7,169 $174,425 $29,600 $144,825
2016 $6,867 $157,150 $0 $0
2014 $6,867 $157,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3274211

Memphis Area Association of REALTORS®

APN: 09-6510-A0-0047