NOT LISTED FOR SALE

8507 Walnut Grove Rd Cordova, TN 38018

Cordova Neighborhood

Estimated Value: $350,000 - $375,000

3 Beds
2.5 Baths
2,000-2,199 Sq Ft
$164/Sq Ft Est. Value

Last Sold March 21, 2019

Last sale price $234,500 $107 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,141/month

Highlights

  • Updated Kitchen
  • Community Lake
  • Traditional Architecture
  • Waterfront
  • Deck
  • Wood Flooring

About This Home

As of March 2019

Offered below appraised value! Your own resort awaits with this immaculate updated lake front home & all the amenities of the 40+acre Walnut Grove Lake. The multitude of windows in this lovingly maintained home allow for light & stunning lake views throughout. The open floor plan flows seamlessly outside onto the covered patio and deck making entertaining a breeze. A gorgeous master suite, 2 bedrooms upstairs, expandable area and new roof top it all off. Welcome Home to the Secret Lake.

Last Agent to Sell the Property

Heather Durham

Groome & Co. License #336969 Listed on: 02/13/2019

Last Buyer's Agent

Melissa Lorenz

Fast Track Realty, LLC License #335337

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,474

Year Built

  • Built in 1997

Lot Details

  • 0.36 Acre Lot
  • Waterfront
  • Wood Fence
  • Few Trees

HOA Fees

  • $22 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,000-2,199 Sq Ft Home
  • 2,161 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Window Treatments
  • Living Room with Fireplace
  • Dining Room
  • Storm Windows
  • Laundry Room
  • Attic

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Parking

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

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Two cooling system units
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 091104 00139

Community Details

Overview

  • Walnut Grove Lake Sub Section B Subdivision
  • Mandatory home owners association
  • Community Lake

Recreation

  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,474

Year Built

Built in 1997

Lot Details

0

HOA Fees

$22 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 796E
  • MAAR Subdivision Name: WALNUT GROVE LAKE SUB SECTION B
  • List Price Per Sq Ft: 109
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 108.51
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2161
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Primary Bedroom, 1/2 Bath, 1 1/2 Bath, Laundry Room
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 2000-2199
  • Bedroom 2 Description: Level 2, Shared Bath, Carpet
  • Bedroom 3 Description: Level 2, Shared Bath, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 1
  • Fireplace: In Living Room, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Dishwasher
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Pantry
  • Misc Interior: Excl Some Window Treatmnt, Walk-In Closet(s), Walk-In Attic
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Attic
  • Total Bathrooms: 2.1
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Half Bath, Hardwood Floor

Exterior Features

  • Misc Exterior: Covered Patio, Deck
  • Exterior Windows: Brick Veneer, Double Pane Window(s), Storm Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

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

Utilities

  • Cooling: Central, Ceiling Fan(s), Dual System
  • Heating: Central
  • Security: Dead Bolt Lock(s)
  • Water Sewer: Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 265
  • Neighborhood Amenities: Lake, Recreation Facilities
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Water Frontage, Wood Fenced
  • Lot Number: 92
  • Acreage: 0.36
  • Lot Size: 10193 SF 101.9 X 120
  • Price Per Acre: 651389

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 091104 00139

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2019
Closed on
Mar 21, 2019
Sold by
Jordan Ronald R and Jordan Debra M
Bought by
Tipsord Michael
Seller's Agent
Heather Durham
Groome & Co.
Buyer's Agent
Melissa Lorenz
Fast Track Realty, LLC
List Price
$234,500
Sold Price
$234,500
Current Estimated Value
$360,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,289
Avg. Annual Appreciation
7.22%
Original Mortgage
$184,500
Outstanding Balance
$163,512
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$205,992

Purchase Details

Listed on
Jan 9, 2015
Closed on
Mar 17, 2015
Sold by
Hale Sandra W and Hale Marion F
Bought by
Jordan Ronald R and Jordan Debra M
Seller's Agent
John Stevens
High Point Realty & Investment
Buyer's Agent
Wayne Boyd
eXp Realty, LLC
List Price
$224,500
Sold Price
$190,000
Premium/Discount to List
-$34,500
-15.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.40%
Original Mortgage
$100,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2004
Sold by
Albright Linda Kay E Wahl
Bought by
Hale Sandra W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 13, 1999
Sold by
Smith Dean G and Smith Vera D
Bought by
Wahl Linda Kay E

Purchase Details

Closed on
May 19, 1997
Sold by
Thompson Wesley
Bought by
Five Star Homes Inc

Purchase Details

Closed on
Oct 4, 1996
Sold by
Whitaker Bobby V and Whitaker Sue G
Bought by
Thompson Wesley and 5 Star Homes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
8.05%
Source: Public Records

Range of Values:

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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
Tipsord Michael $234,500 Home Surety T&E Llc
Jordan Ronald R $190,000 Fntg
Hale Sandra W $195,000 --
Wahl Linda Kay E -- --
Five Star Homes Inc -- Southern Escrow Title Compan
Thompson Wesley $22,500 Southern Escrow Title Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tipsord Michael $184,500
Previous Owner Jordan Ronald R $100,000
Previous Owner Hale Sandra W $156,000
Previous Owner Thompson Wesley $130,000
Closed Hale Sandra W $19,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2019 03/21/19 Sold $234,500 0.0% $117 / Sq Ft
03/04/2019 03/04/19 Pending -- -- --
02/13/2019 02/13/19 For Sale $234,500 +23.4% $117 / Sq Ft
03/23/2015 03/23/15 Sold $190,000 -15.4% $95 / Sq Ft
02/19/2015 02/19/15 Pending -- -- --
01/09/2015 01/09/15 For Sale $224,500 -- $112 / 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 $2,474 $89,500 $19,500 $70,000
2024 $2,474 $72,975 $19,250 $53,725
2023 $4,445 $72,975 $19,250 $53,725
2022 $4,445 $72,975 $19,250 $53,725
2021 $4,497 $72,975 $19,250 $53,725
2020 $3,887 $53,650 $19,250 $34,400
2019 $1,715 $53,650 $19,250 $34,400
2018 $1,715 $53,650 $19,250 $34,400
2017 $1,755 $53,650 $19,250 $34,400
2016 $2,124 $48,600 $0 $0
2014 $2,124 $48,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Heather Durham

    Seller's Agent in 2019

    Heather Durham

    Groome & Co.

    (901) 206-7108

    11 in this area

    120 Total Sales

    Heather Durham
    Section Image

  • M

    Buyer's Agent in 2019

    Melissa Lorenz

    Fast Track Realty, LLC

    Section Image

  • J

    Seller's Agent in 2015

    John Stevens

    High Point Realty & Investment

    (901) 606-7056

    John Stevens
    Section Image
  • Wayne Boyd

    Buyer's Agent in 2015

    Wayne Boyd

    eXp Realty, LLC

    (901) 870-8080

    4 in this area

    24 Total Sales

    Wayne Boyd
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10046010

Memphis Area Association of REALTORS®

APN: 09-1104-0-0139

Tennessee Shelby County Cordova 38018 Cordova

8507 Walnut Grove Rd, Cordova, TN

This home is located at 8507 Walnut Grove Rd, Cordova, TN 38018 since 13 February 2019 and is currently estimated at $360,789, approximately $164 per square foot. This property was built in 1997. 8507 Walnut Grove Rd 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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