$241,500
SOLD SEP 11, 2013
3 Beds
3 Baths
3,200-3,399 Sq Ft
0.43 Acres

Recently Sold

$71 Per Sq Ft

18% Below List Price

Highlights

  • Lake On Lot
  • Deck
  • Contemporary Architecture
  • Waterfront
  • Wood Burning Stove
  • Wooded Lot

About This Home

As of December 2021

This home is located at 8480 Karlstad Cove, Cordova, TN 38018 and is currently priced at $241,500, approximately $75 per square foot. This property was built in 1978. 8480 Karlstad Cove is a home located in Shelby County with nearby schools including Cordova Elementary School, Cordova Middle School, and Cordova High School.

Last Agent to Sell the Property

Jennifer & Joel Hobson

Hobson, REALTORS License #24371 Listed on: 06/05/2012

Last Buyer's Agent

Skip Miller

Morris Realty & Auction, LLC License #291138

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,973

Year Built

  • Built in 1978

Lot Details

  • 0.43 Acre Lot
  • Waterfront
  • Sprinklers on Timer
  • Wooded Lot

HOA Fees

  • $8 Monthly HOA Fees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 3,200-3,399 Sq Ft Home
  • 3,083 Sq Ft Home
  • 1.5-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Wood Burning Stove
  • Some Wood Windows
  • Double Pane Windows
  • Window Treatments
  • Great Room
  • Dining Room
  • Den with Fireplace
  • Library
  • Loft
  • Bonus Room
  • Storage Room
  • Water Views
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Primary bedroom located on second floor
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Attached Garage
  • Workshop in Garage
  • Rear-Facing Garage
  • Garage Door Opener

Outdoor Features

  • Water Access
  • Cove
  • Lake On Lot
  • Deck
  • Patio

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Walnut Grove Lake Sec C Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 091104 00017

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,973

Year Built

Built in 1978

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Contemporary
  • Detached Unit Type: General Residential
  • Cross Street: MYSEN CIRCLE
  • MLS Map #: 796E
  • MAAR Subdivision Name: WALNUT GROVE LAKE SEC C
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 78.33
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3083
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, 3rd Bedroom, 1 Bath
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom, 2 or More Baths, Laundry Room, Bonus Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Up, Luxury Primary Bath, Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 3200-3399
  • Bedrooms: 3
  • Bedrooms Down: 1
  • Fireplace: In Den/Great Room, Wood Stove Insert
  • Floors/Ceilings: Wall to Wall Carpet, Part Hardwood, Tile, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 3
  • Equipment: Self Cleaning Oven, Disposal, Dishwasher, Microwave, Trash Compactor, Refrigerator, Washer, Dryer
  • Living Dining Kitchen: Separate Dining Room, Great Room, Eat-In Kitchen, Pantry
  • Misc Interior: All Window Treatments, Wet Bar, Walk-In Closet(s), Security System
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet, Library/Study, Loft/Balcony
  • Total Bathrooms: 3

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Patio, Deck
  • Exterior Windows: Wood/Composition, Double Pane Window(s)
  • Foundation: Full Basement, Walk-Out Basement

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Storage Room(s), Workshop(s), Garage Door Opener(s), Back-Load Garage

Utilities

  • Cooling: Central, Dual System
  • Heating: Central, Electric, Electric Heat Pump, Dual System
  • Water Sewer: Electric Water Heater, Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 100
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Wooded, Lake/Pond on Property, Water Frontage, Water View, Water Access, Cove
  • Lot Number: 126
  • Acreage: 0.43
  • Lot Size: 43.75/74.54+66.71+56.76X151.29/ ~

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 091104 00017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2021
Closed on
Dec 29, 2021
Sold by
Henley Walter H
Bought by
Andre John Dean
Seller's Agent
Marty McClatchy
Crye-Leike, Inc., REALTORS
Buyer's Agent
Marty McClatchy
Crye-Leike, Inc., REALTORS
List Price
$549,000
Sold Price
$406,500
Premium/Discount to List
-$142,500
-25.96%
Current Estimated Value
$426,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,811
Avg. Annual Appreciation
2.18%
Original Mortgage
$386,175
Outstanding Balance
$358,847
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$81,838

Purchase Details

Listed on
Jun 5, 2012
Closed on
Sep 11, 2013
Sold by
Fleming Richard Michael
Bought by
Henley Walter H
Seller's Agent
Jennifer & Joel Hobson
Hobson, REALTORS
Buyer's Agent
Skip Miller
Morris Realty & Auction, LLC
List Price
$295,000
Sold Price
$241,500
Premium/Discount to List
-$53,500
-18.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.47%
Original Mortgage
$237,125
Interest Rate
4.37%
Mortgage Type
FHA
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 Type Sale Price Title Company
Warranty Deed $406,500 Realty Title & Escrow
Warranty Deed $241,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $386,175 New Conventional
Previous Owner $237,125 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2021 12/29/21 Sold $406,500 -9.5% $136 / Sq Ft
12/20/2021 12/20/21 Pending -- -- --
11/10/2021 11/10/21 Price Changed $449,000 -10.0% $150 / Sq Ft
10/31/2021 10/31/21 Price Changed $499,000 -7.4% $166 / Sq Ft
10/15/2021 10/15/21 Price Changed $539,000 -1.8% $180 / Sq Ft
09/05/2021 09/05/21 For Sale $549,000 +127.3% $183 / Sq Ft
09/11/2013 09/11/13 Sold $241,500 -18.1% $75 / Sq Ft
08/07/2013 08/07/13 Pending -- -- --
06/05/2012 06/05/12 For Sale $295,000 -- $92 / 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 $2,973 $111,125 $19,500 $91,625
2024 $2,973 $87,700 $19,250 $68,450
2023 $5,342 $87,700 $19,250 $68,450
2022 $5,342 $87,700 $19,250 $68,450
2021 $3,026 $87,700 $19,250 $68,450
2020 $5,137 $70,900 $19,250 $51,650
2019 $2,266 $70,900 $19,250 $51,650
2018 $2,266 $70,900 $19,250 $51,650
2017 $2,319 $70,900 $19,250 $51,650
2016 $2,537 $58,050 $0 $0
2014 $2,537 $58,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3281084

Memphis Area Association of REALTORS®

APN: 09-1104-0-0017