NOT LISTED FOR SALE

8494 Karlstad Cove Cordova, TN 38018

Estimated Value: $355,351 - $422,000

4 Beds
3.5 Baths
3,400-3,599 Sq Ft
$111/Sq Ft Est. Value

Last Sold January 04, 2018

Last sale price $258,000 $72 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,454/month

179 Days on Market

Highlights

  • Water Views
  • Lake On Lot
  • Deck
  • Water Access
  • Community Lake
  • Contemporary Architecture

About This Home

As of January 2018

Live in a work of art! Custom built, personal home of renowned Memphis architect, Lynn Burke. You will feel like you live in a treehouse on this beautiful lot. Lake views and private lake access. Multi level home with spiral staircase! Hardwood floors. Several decks. ..Close to Shelby Farms and the Memphis Greenline.

Last Agent to Sell the Property

Janet Mars

Keller Williams License #307942 Listed on: 06/30/2017

Keller Williams

Co-Listed By

Carolyn Johnson

Keller Williams License #292043

Last Buyer's Agent

Loren Huie

BHHS Taliesyn Realty License #338623

BHHS Taliesyn Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,340

Year Built

  • Built in 1974

Lot Details

  • 0.37 Acre Lot
  • Landscaped
  • Wooded Lot

HOA Fees

  • $19 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 3,400-3,599 Sq Ft Home
  • 3,512 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Some Wood Windows
  • Double Pane Windows
  • Window Treatments
  • Entrance Foyer
  • Separate Formal Living Room
  • Dining Room
  • Den with Fireplace
  • Bonus Room
  • Play Room
  • Storage Room
  • Water Views
  • Burglar Security System

Kitchen

  • Eat-In Kitchen
  • Double Self-Cleaning Oven
  • Cooktop
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Water Access
  • Cove
  • Lake On Lot
  • Deck

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 091104 00015

Community Details

Overview

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

Recreation

  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,340

Year Built

Built in 1974

Lot Details

0

HOA Fees

$19 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: 83
  • Number Of Stories: 2
  • Price Per Sq Ft: 73.46
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3512
  • Year Built: 1974
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 1 1/2 Bath, Laundry Room
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 4th or More Bedrooms, Play Room/Rec Room, Office
  • Additional Bedroom Bathroom Info: Primary Down, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 3400-3599
  • Bedroom 2 Description: Level 2, Carpet
  • Bedroom 3 Description: Level 2, Walk-In Closet, Smooth Ceiling, Carpet
  • Bedroom 4 Description: Level 2, Walk-In Closet, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 1
  • Fireplace: Masonry, Vented Gas Fireplace, In Den/Great Room, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Equipment: Self Cleaning Oven, Double Oven, Cooktop, Disposal, Dishwasher, Trash Compactor, Refrigerator, Washer, Dryer
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Eat-In Kitchen, Pantry, Island In Kitchen
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Sky Light(s), Cat/Dog Free House, Security System, Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Bonus Room, Office/Sewing Room, Entry Hall, Storage Room
  • Total Bathrooms: 3.1
  • Primary Bathroom Description: Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Deck
  • Exterior Windows: Wood/Composition, Wood Window(s), Double Pane Window(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2
  • Parking Storage: Driveway/Pad, Storage Room(s), Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central, Gas
  • Security: Burglar Alarm, Dead Bolt Lock(s)
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 225
  • Neighborhood Amenities: Lake, Recreation Facilities
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Wooded, Lake/Pond on Property, Water View, Water Access, Cove, Landscaped
  • Lot Number: 128and
  • Acreage: 0.37
  • Lot Size: 0.417AC 84.38/167.98IRR X 200.93+ ~
  • Price Per Acre: 783784

Multi Family

  • Number Of Rooms: 10

Tax Info

  • Assessor Parcel Number: 091104 00015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2017
Closed on
Jan 4, 2018
Sold by
James L Burke Jr Trust
Bought by
Baumgartner Lucas D and Baumgartner Andrea
Seller's Agent
Janet Mars
Keller Williams
Buyer's Agent
Loren Huie
BHHS Taliesyn Realty
List Price
$299,900
Sold Price
$258,000
Premium/Discount to List
-$41,900
-13.97%
Current Estimated Value
$401,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,088
Avg. Annual Appreciation
6.42%
Original Mortgage
$245,100
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2004
Sold by
Burke James L and Burke Betty H
Bought by
Burke James L and James L Burke Jr Trust
Source: Public Records

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Range of Values:

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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
Baumgartner Lucas D $250,000 Home Surety Title & Escrow L
Burke James L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Baumgartner Lucas D $245,850
Previous Owner Baumgartner Lucas D $245,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2018 01/04/18 Sold $258,000 -14.0% $76 / Sq Ft
12/26/2017 12/26/17 Pending -- -- --
06/30/2017 06/30/17 For Sale $299,900 -- $88 / 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 $2,340 $90,500 $14,625 $75,875
2024 $2,340 $69,025 $10,825 $58,200
2023 $4,205 $69,025 $10,825 $58,200
2022 $4,205 $69,025 $10,825 $58,200
2021 $4,254 $69,025 $10,825 $58,200
2020 $3,328 $45,925 $10,825 $35,100
2019 $3,328 $45,925 $10,825 $35,100
2018 $3,328 $45,925 $10,825 $35,100
2017 $1,888 $45,925 $10,825 $35,100
2016 $1,908 $43,650 $0 $0
2014 $1,908 $43,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Janet Mars

    Seller's Agent in 2018

    Janet Mars

    Keller Williams

    (901) 493-4254

    9 in this area

    77 Total Sales

    Janet Mars
    Section Image

  • C

    Seller Co-Listing Agent in 2018

    Carolyn Johnson

    Keller Williams

  • Loren Huie

    Buyer's Agent in 2018

    Loren Huie

    BHHS Taliesyn Realty

    (901) 849-2543

    7 in this area

    78 Total Sales

    Loren Huie
    Section Image

  • J

    Buyer Co-Listing Agent in 2018

    Jennifer Horsey

    Prudential Collins-Maury, Inc.

  • Diane Peterson

    Buyer Co-Listing Agent in 2018

    Diane Peterson

    Keller Williams

    (901) 860-4424

    13 in this area

    70 Total Sales

    Diane Peterson
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10006005

Memphis Area Association of REALTORS®

APN: 09-1104-0-0015

Tennessee Shelby County Cordova 38018

8494 Karlstad Cove, Cordova, TN

This home is located at 8494 Karlstad Cove, Cordova, TN 38018 since 30 June 2017 and is currently estimated at $401,088, approximately $111 per square foot. This property was built in 1974. 8494 Karlstad Cove is a home located in Shelby County with nearby schools including Cordova Elementary School, Cordova Middle School, and Cordova High School.

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