NOT LISTED FOR SALE

Estimated Value: $250,000 - $279,000

3 Beds
2 Baths
1,667 Sq Ft
$158/Sq Ft Est. Value

Last Sold May 12, 2016

Last sale price $106,500 $64 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $1,538/month

Highlights

  • 1 Fireplace
  • Laundry closet
  • 1-Story Property
  • Eat-In Kitchen

About This Home

As of September 2016

This home is located at 779 N Ericson Rd, Cordova, TN 38018 since 19 July 2016 and is currently priced at $263,698. This property was built in 1996. 779 N Ericson Rd is a home located in Shelby County with nearby schools including Cordova Elementary School, Cordova Middle School, and Cordova High School.

Last Agent to Rent the Property

Stacey Spratlin

Main Street Renewal, LLC License #332096 Listed on: 07/19/2016

Last Renter's Agent

Stacey Spratlin

Main Street Renewal, LLC License #332096 Listed on: 07/19/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,676

Year Built

  • Built in 1996

Lot Details

  • 9,148 Sq Ft Lot

Parking

  • 2 Parking Spaces

Interior Spaces

  • 1,667 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Fire and Smoke Detector
  • Laundry closet

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Community Details

  • Walnut Run 1St Add Ph 11 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 091053 D00012

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,676

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Class: Rental Properties
  • Type: Rental
  • Style Code Use: General Residential, One Story - RES
  • MLS Map #: 796B
  • MAAR Subdivision Name: WALNUT RUN 1ST ADD PH11
  • Freestanding: Yes
  • List Price Per Sq Ft: 1
  • Number Of Stories: 1
  • Price Per Sq Ft: 0.84
  • Estimated Sq Ft: 1667
  • Year Built: 1996
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Dishwasher, Microwave, Refrigerator
  • Living Dining Kitchen: Eat-In Kitchen
  • Misc Interior: Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet
  • Total Bathrooms: 2

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2

Lot Info

  • Lot Number: 400
  • Acreage: 0.21
  • Lot Size: 9312 SF 67 X 130
  • Price Per Acre: 6643

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 091053 D00012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2016
Closed on
May 12, 2016
Sold by
Dotson Larry T and Dotson Sheila A
Bought by
Eph 2 Assets Llc
Seller's Agent
Theresa Guy
Keller Williams
Buyer's Agent
Spencer Lindahl
Main Street Renewal, LLC
List Price
$129,900
Sold Price
$106,500
Premium/Discount to List
-$23,400
-18.01%
Current Estimated Value
$263,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,198
Avg. Annual Appreciation
10.80%

Purchase Details

Closed on
Feb 20, 2003
Sold by
Fortune Sheila A and Dotson Sheila A
Bought by
Dotson Larry T and Dotson Sheila A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
5%

Purchase Details

Closed on
Apr 29, 1998
Sold by
Richmond Betty J
Bought by
Fortune Sheila A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,550
Interest Rate
7.1%

Purchase Details

Closed on
Dec 16, 1996
Sold by
Ray Schutt Enterprises Inc
Bought by
Richmond Betty J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,786
Interest Rate
7.65%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Eph 2 Assets Llc $106,500 Summit Title & Escrow Llc
Dotson Larry T -- Tri State Title & Escrow Inc
Fortune Sheila A $132,200 --
Richmond Betty J $127,250 Southern Escrow Title Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dotson Larry T $116,000
Previous Owner Fortune Sheila A $125,550
Previous Owner Richmond Betty J $126,786
Closed Dotson Larry T $14,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2016 09/22/16 Rented $1,395 -3.5% --
09/21/2016 09/21/16 Under Contract -- -- --
07/19/2016 07/19/16 For Rent $1,445 0.0% --
05/12/2016 05/12/16 Sold $106,500 -18.0% $67 / Sq Ft
04/30/2016 04/30/16 Pending -- -- --
03/18/2016 03/18/16 For Sale $129,900 -- $81 / 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 $1,676 $67,775 $14,750 $53,025
2024 $1,676 $49,425 $8,500 $40,925
2023 $3,011 $49,425 $8,500 $40,925
2022 $3,011 $49,425 $8,500 $40,925
2021 $1,705 $49,425 $8,500 $40,925
2020 $2,645 $36,500 $8,500 $28,000
2019 $1,167 $36,500 $8,500 $28,000
2018 $1,167 $36,500 $8,500 $28,000
2017 $1,194 $36,500 $8,500 $28,000
2016 $1,334 $30,525 $0 $0
2014 $1,334 $30,525 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9982187

Memphis Area Association of REALTORS®

APN: 09-1053-D0-0012