$406,500
SOLD DEC 29, 2021

8480 Karlstad Cove Cordova, TN 38018

3 Beds
3 Baths
3,000-3,199 Sq Ft
0.43 Acres

Recently Sold

$127 Per Sq Ft

26% Below List Price

Highlights

  • Docks
  • Waterfront
  • Community Lake
  • Lake On Lot
  • Landscaped Professionally
  • Deck

About This Home

As of December 2021

Stunning Contemporary Lakeside Retreat on Walnut Grove Lake. midcentury charm,3 bedrooms, 3baths ,2 car heated &cooled garage+one carport. Soaring 20 ft ceilings in great room w/stone fireplace, custom built-ins, granite counters& Dacor appliances, maple wood floors down, stunning views of the lake. New roof 2020,New HVAC ,New carpet ,New paint outside. Basement heated and cooled, wine room, workshop, sprinkler system, iron fence. Geothermal heating .Best lot on the lake! Shelby Farms close by.

Last Agent to Sell the Property

Marty McClatchy

Crye-Leike, Inc., REALTORS License #249581 Listed on: 09/05/2021

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Marty McClatchy

Crye-Leike, Inc., REALTORS License #249581 Listed on: 09/05/2021

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,973

Year Built

  • Built in 1978

Lot Details

  • 0.43 Acre Lot
  • Waterfront
  • Wrought Iron Fence
  • Landscaped Professionally
  • Sprinklers on Timer
  • Wooded Lot

HOA Fees

  • $21 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Composition Shingle Roof

Interior Spaces

  • 3,000-3,199 Sq Ft Home
  • 3,083 Sq Ft Home
  • 1.5-Story Property
  • Ceiling height of 9 feet or more
  • Some Wood Windows
  • Double Pane Windows
  • Great Room
  • Breakfast Room
  • Dining Room
  • Den with Fireplace
  • Loft
  • Water Views
  • Laundry Room
  • Finished Basement

Kitchen

  • Oven or Range
  • Cooktop
  • Microwave

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Primary bedroom located on second floor
  • En-Suite Bathroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Parking

  • 3 Car Garage
  • Rear-Facing Garage

Outdoor Features

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

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

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

$21 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Contemporary
  • Detached Unit Type: General Residential
  • MLS Map #: 796E
  • MAAR Subdivision Name: WALNUT GROVE LAKE SEC C
  • List Price Per Sq Ft: 146
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 131.85
  • 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, 2nd Bedroom, 1 Bath, Office
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Double Vanity Bath, Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 3000-3199
  • Bedroom 2 Description: Level 2, Private Full Bath
  • Bedroom 3 Description: Level 2, Walk-In Closet
  • Bedrooms: 3
  • Bedrooms Down: 1
  • Fireplace: In Den/Great Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, 9 or more Ft. Ceiling
  • Full Bathrooms: 3
  • Equipment: Range/Oven, Cooktop, Microwave, Cable Available
  • Living Dining Kitchen: Separate Dining Room, Great Room, Separate Breakfast Room
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Finished Basement, Loft/Balcony
  • Total Bathrooms: 3
  • Primary Bathroom Description: Double Sinks
  • P R I M A R Y B E D R O O M: Hardwood Floor, Level 2, Walk-In Closet

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Patio, Deck, Iron Fence, Boat Dock
  • Exterior Windows: Wood/Composition, Double Pane Window(s)
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 3
  • Parking Display: G3
  • Parking Storage: Back-Load Garage

Utilities

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

Association/Amenities

  • Annual Association Fee: 248
  • Condo Amenities: Lake/Pond on Property, Water Front, Water View
  • Neighborhood Amenities: Lake
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Wooded, Lake/Pond on Property, Water Frontage, Water View, Water Access, Cove, Professionally Landscaped, Iron Fenced
  • Lot Number: 126
  • Acreage: 0.43
  • Lot Size: .43
  • Price Per Acre: 1044186

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
2.20%
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 $227,000 New Conventional
Previous Owner $237,125 FHA
Previous Owner $133,772 Unknown
Previous Owner $65,000 Credit Line Revolving
Previous Owner $264,000 Unknown
Previous Owner $32,500 Credit Line Revolving
Previous Owner $120,000 Unknown
Previous Owner $66,265 Unknown
Previous Owner $78,800 Stand Alone Second
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: 10108093

Memphis Area Association of REALTORS®

APN: 09-1104-0-0017