NOT LISTED FOR SALE

8449 Palm Springs Dr Unit C103 Cordova, TN 38016

Cordova Neighborhood

Estimated Value: $225,000 - $242,000

3 Beds
2.5 Baths
1,400-1,599 Sq Ft
$146/Sq Ft Est. Value

Last Sold August 07, 2019

Last sale price $163,000 $102 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,416/month

41 Days on Market

Highlights

  • Traditional Architecture
  • Whirlpool Bathtub
  • Great Room
  • Wood Flooring
  • 1 Fireplace
  • Breakfast Room

About This Home

As of August 2019

Beautiful home located in a great neighborhood. Fully renovated 3 bed 2.5 bath with new tile and hardwood floor throughout. Fresh paint inside/out. New ceiling fans. Jacuzzi tub in master bath. 30yr roof in 2015, HVAC in 2009. 2-car garage with new door. Easy to show.

Last Listed By

?? ?

Reliable Realty & Property Mgt License #318200 Listed on: 06/21/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,379

Year Built

  • Built in 1991

Lot Details

  • 4,356 Sq Ft Lot
  • Level Lot
  • Few Trees

HOA Fees

  • $8 Monthly HOA Fees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,540 Sq Ft Home
  • 1.5-Story Property
  • 1 Fireplace
  • Double Pane Windows
  • Great Room
  • Breakfast Room
  • Dining Room
  • Storm Doors
  • Breakfast Bar

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • All Upper Level Bedrooms
  • Whirlpool Bathtub

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Garage Door Opener

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Dexter Ridge Pd Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 096507 A00107

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,379

Year Built

Built in 1991

Lot Details

0

HOA Fees

$8 per month

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: 110
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 105.84
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1540
  • Year Built: 1991
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Up, Primary Up, Whirlpool(s)
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Floors/Ceilings: Hardwood Throughout, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Dining Room, Great Room, Breakfast Bar, Separate Breakfast Room
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2.1

Exterior Features

  • Exterior Windows: Brick Veneer, Double Pane Window(s), Storm Door(s)

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Garage Door Opener(s), Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central, Gas

Association/Amenities

  • Annual Association Fee: 96
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 107
  • Acreage: 0.1
  • Lot Size: 4400SF 50X88
  • Price Per Acre: 1695000

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 096507 A00107

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2019
Closed on
Aug 7, 2019
Sold by
Zhou Xiaodong
Bought by
Smith Brian Lee
Seller's Agent
?? ?
Reliable Realty & Property Mgt
Buyer's Agent
David Tester
Marx-Bensdorf, REALTORS
List Price
$162,500
Sold Price
$163,000
Premium/Discount to List
$500
0.31%
Total Days on Market
41
Current Estimated Value
$233,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,176
Avg. Annual Appreciation
6.06%
Original Mortgage
$150,100
Outstanding Balance
$133,508
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$95,346

Purchase Details

Listed on
Mar 27, 2019
Closed on
Apr 11, 2019
Sold by
Payne Rhonda B
Bought by
Zhou Xiaodong
Seller's Agent
Jim Duke
Crye-Leike, Inc., REALTORS
Buyer's Agent
?? ?
Reliable Realty & Property Mgt
List Price
$125,000
Sold Price
$110,000
Premium/Discount to List
-$15,000
-12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
241.77%

Purchase Details

Closed on
Dec 19, 2003
Sold by
Edwards Kathy Thurmond and Edwards David
Bought by
Payne Rhonda B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Similar Homes in Cordova, TN

  • 604 N Ericson Dr, Cordova, TN 38018

    $260,000

    • 3 Beds
    • 2 Baths
    • 1,200+ Sq Ft
    • 604 N Ericson Dr
    • Cordova, TN

    This Listing offers a uinque opportunity to add a steady income stream to your portfolio. This property features a solid, well maintained structure with 3 bedrooms , 2 baths and is currently occupied by a reliable tenant. Its located close to essential amenities, schools and employment hubs. This charming home is pretty much Turnkey. ~~The lease ends Febuary 2026, Rent is $1550 per month. Fridge,

    Tara Woodley Zach Taylor Real Estate

    Section Image
  • 2531 Friars Place, Cordova, TN 38016

    $205,800

    • 3 Beds
    • 2.5 Baths
    • 2,200+ Sq Ft
    • 2531 Friars Place
    • Cordova, TN

    Charming 3-bedroom, 2.5-bath home bursting with potential! The open-concept layout features a mix of hardwood, carpet, and tiled floors, offering a versatile space ready for your personal touch. The expansive backyard is perfect for entertaining or relaxing. While the home needs some TLC, it’s a fantastic opportunity for the right buyer to transform it into something special. Ask your lender

    Michael Tally Tally Real Estate Group, LLC

    Section Image
  • 411 Regis Cove, Cordova, TN 38018

    $269,900

    • 3 Beds
    • 2 Baths
    • 1,600+ Sq Ft
    • 411 Regis Cove
    • Cordova, TN

    Explore comfort & convenience at this charming 3bed/2bath home nestled in a serene neighborhood of Cordova. Boasting 1681 sqft of living space, this property offers meticulous craftsmanship & a high-quality build that ensures enduring appeal & function. Perfectly located, this home is a stone's throw from Shelby Farms Park, providing ample green space for outdoor activities right in your

    Jordan Ray eXp Realty, LLC

    Section Image
  • 1024 Nolan Ln, Cordova, TN 38018

    $242,500

    • 3 Beds
    • 2 Baths
    • 1,400+ Sq Ft
    • 1024 Nolan Ln
    • Cordova, TN

    Freshly painted and move-in ready, 1024 Nolan Ln sits in a sweet spot—just a short walk to Shelby Farms and minutes from all the shopping, food, and fun on Germantown Parkway. You’ll love being close to everything but far enough to avoid the traffic. Quick access to I-40 makes getting around a breeze. This one blends location, comfort, and convenience—don’t miss it! Schedule your tour today.

    Keino Spring Harris & Harris Realty Group

    Section Image
  • 1022 Spanish Trail Ln, Cordova, TN 38018

    $249,900

    • 3 Beds
    • 2 Baths
    • 1,200+ Sq Ft
    • 1022 Spanish Trail Ln
    • Cordova, TN

    Welcome to this beautifully designed open-concept ranch home, perfectly situated in the middle of Cordova, close to everything! Has a modern yet warm aesthetic, this home features stunning stained concrete floors and wood plank flooring throughout the hall and bedrooms. The split floor plan ensures privacy, with a spacious primary suite on one side and additional bedrooms thoughtfully placed on

    Chasity Blackburn Blackburn & Co

    Section Image
  • 1662 Ranmar Dr, Cordova, TN 38016

    $215,000

    • 3 Beds
    • 2 Baths
    • 1,400+ Sq Ft
    • 1662 Ranmar Dr
    • Cordova, TN

    Great investment opportunity! This tenant-occupied, cash-flowing 3-bedroom, 2-bath home is currently rented for $1,437 per month, with a lease in place until March 5, 2026. The property is being sold with the tenant in place, making it a seamless addition to your investment portfolio. Showings will be scheduled only after an accepted offer to respect the tenant's privacy, and all photos were

    Tanika Bland BEST Real Estate Company

    Section Image
  • 1394 Fieldstone Trail, Cordova, TN 38016

    $265,000

    • 3 Beds
    • 2 Baths
    • 1,600+ Sq Ft
    • 1394 Fieldstone Trail
    • Cordova, TN

    Charming All-Brick Home-Ideal Starter or Investment property! Welcome to this well-maintained all brick home, offering single level living in the heart of Cordova. Step inside to find new wood laminate flooring throughout the main living area and primary bedroom, creating a warm and inviting atmosphere. This home features a functional layout perfect for first time homebuyers, downsizers, or

    Theresa Goolsby BHHS McLemore & Co., Realty

    Section Image

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
Smith Brian Lee $163,000 Fidelity Title & Escrow Inc
Zhou Xiaodong $110,000 Multiple
Payne Rhonda B $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Brian Lee $150,100
Previous Owner Payne Rhonda B $59,030
Previous Owner Payne Rhonda B $20,000
Previous Owner Payne Rhonda B $82,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2019 08/07/19 Sold $163,000 -3.8% $116 / Sq Ft
08/01/2019 08/01/19 Pending -- -- --
06/22/2019 06/22/19 Price Changed $169,500 +4.3% $121 / Sq Ft
06/21/2019 06/21/19 For Sale $162,500 +47.7% $116 / Sq Ft
04/11/2019 04/11/19 Sold $110,000 -12.0% $71 / Sq Ft
04/02/2019 04/02/19 Pending -- -- --
03/27/2019 03/27/19 For Sale $125,000 -- $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
2024 $1,379 $40,675 $5,975 $34,700
2023 $2,478 $40,675 $5,975 $34,700
2022 $2,478 $40,675 $5,975 $34,700
2021 $1,403 $40,675 $5,975 $34,700
2020 $1,875 $25,875 $5,700 $20,175
2019 $827 $25,875 $5,700 $20,175
2018 $827 $25,875 $5,700 $20,175
2017 $846 $25,875 $5,700 $20,175
2016 $1,017 $23,275 $0 $0
2014 $1,017 $23,275 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10055631

Memphis Area Association of REALTORS®

APN: 09-6507-A0-0107