NOT LISTED FOR SALE

8311 Walnut Trail Cove Cordova, TN 38018

Estimated Value: $464,000 - $550,000

4 Beds
5 Baths
4,500-4,999 Sq Ft
$104/Sq Ft Est. Value

Last Sold July 12, 2016

Last sale price $233,000 $47 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $3,204/month

95 Days on Market

Highlights

  • 1.32 Acre Lot
  • Vaulted Ceiling
  • Wood Flooring
  • Wooded Lot
  • Traditional Architecture
  • Main Floor Primary Bedroom

About This Home

As of July 2016

Flipper's Fantasy, CASH ONLY, this is truly the worst home in the best neighborhood, over 4,900 sqft., 5 bedrooms, 3 full bathrooms, 2 half bathrooms, because of the condition you have the opportunity of a lifetime! As is No Repairs will be made by the sellers.

Last Agent to Sell the Property

Edwin Scruggs

BHHS Taliesyn Realty License #258919 Listed on: 11/19/2015

BHHS Taliesyn Realty

Co-Listed By

Crystal Tu

BHHS Taliesyn Realty License #325294

Last Buyer's Agent

Geoffrey Ongayo

BEST Real Estate Company License #290842

BEST Real Estate Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,712

Year Built

  • Built in 1989

Lot Details

  • 1.32 Acre Lot
  • Wooded Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 4,500-4,999 Sq Ft Home
  • 4,937 Sq Ft Home
  • 2.1-Story Property
  • Vaulted Ceiling
  • 1 Fireplace
  • Some Wood Windows
  • Two Story Entrance Foyer
  • Separate Formal Living Room
  • Dining Room
  • Den

Flooring

  • Wood
  • Parquet
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Whirlpool Bathtub

Parking

  • 2 Car Garage
  • Side Facing Garage
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Rivertrail Phase 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 091075 00023

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,712

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 796C
  • MAAR Subdivision Name: RIVERTRAIL PH1
  • List Price Per Sq Ft: 48
  • Number Of Stories: 2.1
  • Price Per Sq Ft: 47.19
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 4937
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Vaulted/Coffered Primary, Whirlpool(s)
  • Estimated Heated Sq Ft Range: 4500-4999
  • Bedrooms: 4
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Parquet Floor, Vaulted/Coff/Tray Ceiling, Two Story Foyer
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den
  • Number Of Fireplaces: 1
  • Total Bathrooms: 3.2

Exterior Features

  • Misc Exterior: Wooded Grounds
  • Exterior Windows: Wood/Composition, Vinyl Siding

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad, Side-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Wooded, Some Trees
  • Lot Number: 16
  • Acreage: 1.32
  • Lot Size: 1.32AC 140.89/275.91X276.72+55/ ~
  • Price Per Acre: 180303

Multi Family

  • Number Of Rooms: 10

Tax Info

  • Assessor Parcel Number: 091075 00023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2015
Closed on
Jun 20, 2016
Sold by
Bowden Donald L and Bowden Kayla
Bought by
Wright Glenn I
Seller's Agent
Edwin Scruggs
BHHS Taliesyn Realty
Buyer's Agent
Geoffrey Ongayo
BEST Real Estate Company
List Price
$248,000
Sold Price
$233,000
Premium/Discount to List
-$15,000
-6.05%
Total Days on Market
95
Current Estimated Value
$517,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,714
Avg. Annual Appreciation
9.36%
Original Mortgage
$258,336
Outstanding Balance
$212,130
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$305,584

Purchase Details

Closed on
Jan 31, 1995
Bought by
Bowden Donald W and Bowden Kayla
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
Wright Glenn I $233,000 None Available
Bowden Donald W $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright Glenn I $258,336
Previous Owner Bowden Donald L $378,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2016 07/12/16 Sold $233,000 -6.0% $52 / Sq Ft
02/22/2016 02/22/16 Pending -- -- --
11/19/2015 11/19/15 For Sale $248,000 -- $55 / 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 $3,712 $135,750 $26,675 $109,075
2024 $3,712 $109,500 $23,200 $86,300
2023 $6,670 $109,500 $23,200 $86,300
2022 $6,670 $109,500 $23,200 $86,300
2021 $6,749 $109,500 $23,200 $86,300
2020 $6,241 $86,125 $23,200 $62,925
2019 $6,241 $86,125 $23,200 $62,925
2018 $6,241 $86,125 $23,200 $62,925
2017 $3,540 $86,125 $23,200 $62,925
2016 $3,524 $80,650 $0 $0
2014 $3,524 $80,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9966113

Memphis Area Association of REALTORS®

APN: 09-1075-0-0023