8316 Macon Terrace Cordova, TN 38018
Cordova NeighborhoodEstimated Value: $954,167
--
Bed
--
Bath
7,260
Sq Ft
$131/Sq Ft
Est. Value
About This Home
This home is located at 8316 Macon Terrace, Cordova, TN 38018 and is currently estimated at $954,167, approximately $131 per square foot. 8316 Macon Terrace is a home located in Shelby County with nearby schools including Cordova Elementary School, Cordova Middle School, and Cordova High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 16, 2024
Sold by
Memphis Medical Llc
Bought by
Ramart Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,466,250
Outstanding Balance
$1,454,696
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
-$500,529
Purchase Details
Closed on
Sep 7, 2018
Sold by
Cordova Office Complex Partnership
Bought by
Memphis Medical Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$478,400
Interest Rate
4.6%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Nov 22, 2004
Sold by
Altas Llc
Bought by
Cordova Office Complex Partnership
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$635,500
Interest Rate
5.66%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 18, 1998
Sold by
Hyneman Miller Llc
Bought by
Highland Building Group Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ramart Llc | $1,955,000 | Commercial Title Group | |
| Memphis Medical Llc | $598,000 | Multipal | |
| Cordova Office Complex Partnership | $624,360 | -- | |
| Highland Building Group Llc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ramart Llc | $1,466,250 | |
| Previous Owner | Memphis Medical Llc | $478,400 | |
| Previous Owner | Cordova Office Complex Partnership | $635,500 |
Source: Public Records
Tax History Compared to Growth
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 | $8,131 | $259,320 | $57,200 | $202,120 |
| 2024 | $8,131 | $239,840 | $54,000 | $185,840 |
| 2023 | $14,610 | $239,840 | $54,000 | $185,840 |
| 2022 | $14,610 | $239,840 | $54,000 | $185,840 |
| 2021 | $14,781 | $239,840 | $54,000 | $185,840 |
| 2020 | $16,135 | $222,680 | $54,000 | $168,680 |
| 2019 | $7,117 | $222,680 | $54,000 | $168,680 |
| 2018 | $6,006 | $187,920 | $54,000 | $133,920 |
| 2017 | $6,659 | $203,560 | $54,000 | $149,560 |
| 2016 | $8,688 | $198,800 | $0 | $0 |
| 2014 | $7,868 | $217,800 | $0 | $0 |
Source: Public Records
Map
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