NOT LISTED FOR SALE

8427 Palm Springs Dr Cordova, TN 38016

Cordova Neighborhood

Estimated Value: $198,000 - $212,000

3 Beds
2 Baths
1,200-1,399 Sq Ft
$148/Sq Ft Est. Value

Last Sold October 25, 2016

Last sale price $105,000 $75 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $1,206/month

Highlights

  • Traditional Architecture
  • Great Room
  • Patio
  • Attic
  • Porch
  • Home Security System

About This Home

As of October 2016

3 bedroom 2 bath home with a large great room, eat in kitchen and a 2 car garage at a great price. Excellent opportunity for a wonder family home or income property. This is a Fannie Mae HomePath property.

Last Agent to Sell the Property

Jimmie Tapley

Crye-Leike, Inc., REALTORS License #209672 Listed on: 09/11/2016

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Lisa Chou

Adaro Realty, Inc. License #329589

Adaro Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,287

Year Built

  • Built in 1992

Lot Details

  • 4,356 Sq Ft Lot
  • Wood Fence
  • Landscaped
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,259 Sq Ft Home
  • 1-Story Property
  • Popcorn or blown ceiling
  • Great Room
  • Den with Fireplace
  • Partially Carpeted
  • Home Security System
  • Attic

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Front Facing Garage

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Dexter Ridge Pd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 096507 A00103

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,287

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 793D
  • MAAR Subdivision Name: DEXTER RIDGE
  • List Price Per Sq Ft: 75
  • Number Of Stories: 1
  • Price Per Sq Ft: 83.4
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1259
  • Year Built: 1992
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1, Carpet
  • Bedroom 3 Description: Level 1, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: In Den/Great Room
  • Floors/Ceilings: Part Carpet, Sprayed Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Dishwasher
  • Living Dining Kitchen: Great Room
  • Misc Interior: Walk-In Attic, Security System
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Level 1, Full Bath, Carpet

Exterior Features

  • Misc Exterior: Porch, Patio
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2
  • Parking Storage: Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Landscaped, Wood Fenced
  • Lot Number: 103
  • Acreage: 0.1
  • Lot Size: 4400SF 50X88
  • Price Per Acre: 950000

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 096507 A00103

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2017
Sold by
Pj Systmes Llc
Bought by
Pj Systmes Llc
Current Estimated Value
$207,214

Purchase Details

Listed on
Sep 11, 2016
Closed on
Oct 25, 2016
Sold by
Fannie Mae
Bought by
Pj Systems Llc
Seller's Agent
Jimmie Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Lisa Chou
Adaro Realty, Inc.
List Price
$95,000
Sold Price
$105,000
Premium/Discount to List
$10,000
10.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.90%

Purchase Details

Listed on
Sep 11, 2016
Closed on
Sep 6, 2016
Sold by
Reed Chauncey and Reed Kimberly
Bought by
Federal National Mortgage Association
Seller's Agent
Jimmie Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Lisa Chou
Adaro Realty, Inc.
List Price
$95,000
Sold Price
$105,000
Premium/Discount to List
$10,000
10.53%

Purchase Details

Closed on
Nov 19, 2007
Sold by
Smithart Matthew Brian
Bought by
Reed Chauncey and Reed Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 31, 2003
Sold by
Nicholas Kris A Jackson
Bought by
Smithart Matthew Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,925
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 1999
Sold by
Stewart David M and Stewart Janet P
Bought by
Jackson Kris A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,200
Interest Rate
7.81%
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
Pj Systmes Llc -- None Available
Pj Systems Llc $105,000 None Available
Federal National Mortgage Association -- None Available
Reed Chauncey $118,000 Ctic
Smithart Matthew Brian $111,500 Stewart Title Of Memphis Inc
Jackson Kris A $106,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reed Chauncey $118,000
Previous Owner Smithart Matthew Brian $105,925
Previous Owner Jackson Kris A $85,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2016 10/25/16 Sold $105,000 +10.5% $88 / Sq Ft
10/11/2016 10/11/16 Pending -- -- --
09/11/2016 09/11/16 For Sale $95,000 0.0% $79 / Sq Ft
05/15/2012 05/15/12 Rented $1,005 -4.3% --
05/15/2012 05/15/12 Under Contract -- -- --
02/29/2012 02/29/12 For Rent $1,050 -- --
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 $1,287 $53,525 $10,575 $42,950
2024 $1,287 $37,950 $5,975 $31,975
2023 $2,312 $37,950 $5,975 $31,975
2022 $2,312 $37,950 $5,975 $31,975
2021 $2,339 $37,950 $5,975 $31,975
2020 $1,806 $24,925 $5,700 $19,225
2019 $1,806 $24,925 $5,700 $19,225
2018 $1,806 $24,925 $5,700 $19,225
2017 $1,024 $24,925 $5,700 $19,225
2016 $958 $21,925 $0 $0
2014 $958 $21,925 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jimmie Tapley

    Seller's Agent in 2016

    Jimmie Tapley

    Crye-Leike, Inc., REALTORS

    (901) 336-7898

    8 in this area

    259 Total Sales

    Jimmie Tapley
    Section Image
  • Lisa Chou

    Buyer's Agent in 2016

    Lisa Chou

    Adaro Realty, Inc.

    (901) 634-6551

    15 in this area

    89 Total Sales

    Lisa Chou
    Section Image
  • Robert Mynatt

    Seller's Agent in 2012

    Robert Mynatt

    Scout Land Company

    (901) 581-2363

    12 Total Sales

    Robert Mynatt
    Section Image

  • N

    Buyer's Agent in 2012

    NON-MLS NON-BOARD AGENT

    NON-MLS OR NON-BOARD OFFICE

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9986207

Memphis Area Association of REALTORS®

APN: 09-6507-A0-0103

Tennessee Shelby County Cordova 38016 Cordova

8427 Palm Springs Dr, Cordova, TN

This home is located at 8427 Palm Springs Dr, Cordova, TN 38016 since 11 September 2016 and is currently estimated at $207,214, approximately $148 per square foot. This property was built in 1992. 8427 Palm Springs Dr is a home located in Shelby County with nearby schools including Riverwood Elementary School, Cordova High School, and Cordova Middle School.

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