NOT LISTED FOR SALE

8554 Mill Farm Cove Cordova, TN 38016

Estimated Value: $298,000 - $363,000

4 Beds
2.5 Baths
2,791 Sq Ft
$118/Sq Ft Est. Value

Last Sold June 28, 2013

Last sale price $95,000 $34 Per Sq Ft

Est. 225% increase in value since last sale

Current estimated payment $1,858/month

499 Days on Market

Highlights

  • Traditional Architecture
  • Great Room
  • Patio
  • 1 Fireplace
  • 2 Car Attached Garage
  • Central Heating and Cooling System

About This Home

As of June 2013

Handyman's Special. Short Sale Attempt. House is being sold AS-IS. Vandalism and theft has occurred at the property. Subject to lender approval. Owner/Agent: Broker of Reed & Assoc. is the property owner.

Last Agent to Sell the Property

Phillip Kemp

Reed & Associates of Tenn, LLC License #286830 Listed on: 12/21/2011

Co-Listed By

Benjamin Reed

Reed & Associates of Tenn, LLC License #286831

Last Buyer's Agent

Jay Reedy

Reedy & Company, REALTORS License #325536

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,120

Year Built

  • Built in 1994

Lot Details

  • 0.27 Acre Lot
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,791 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Great Room
  • Partially Carpeted

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • Riverwood Farms Seventh Addition Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 096507 C00008

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,120

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 793E
  • MAAR Subdivision Name: RIVERWOOD FARMS 7TH ADD
  • Number Of Stories: 2
  • Price Per Sq Ft: 34.04
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2791
  • Year Built: 1994
  • Special Features: 12
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Up
  • Estimated Heated Sq Ft Range: Not Available
  • Bedrooms: 4
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Living Dining Kitchen: Great Room
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2.1

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 8
  • Acreage: 0.27
  • Lot Size: 11803SF 156.25X114.08IRR

Multi Family

  • Number Of Rooms: 9

Tax Info

  • Assessor Parcel Number: 096507 C00008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2011
Closed on
Jun 28, 2013
Sold by
Reed Michael R
Bought by
Bltrejv3 Memphis Llc
Seller's Agent
Phillip Kemp
Reed & Associates of Tenn, LLC
Buyer's Agent
Jay Reedy
Reedy & Company, REALTORS
List Price
$169,000
Sold Price
$95,000
Premium/Discount to List
-$74,000
-43.79%
Current Estimated Value
$308,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,590
Avg. Annual Appreciation
9.93%

Purchase Details

Listed on
Dec 21, 2011
Closed on
Jun 21, 2013
Sold by
Reed Michael R and Reed Victoria H
Bought by
Reed Michael R
Seller's Agent
Phillip Kemp
Reed & Associates of Tenn, LLC
Buyer's Agent
Jay Reedy
Reedy & Company, REALTORS
List Price
$169,000
Sold Price
$95,000
Premium/Discount to List
-$74,000
-43.79%

Purchase Details

Closed on
May 17, 2012
Sold by
Anderson Sharon K
Bought by
Reed Michael R and Reed Victoria H

Purchase Details

Closed on
Feb 7, 2005
Sold by
Reed Michael R and Reed Victoria H
Bought by
Anderson Sharon K and Trust 8554 Mill Farm

Purchase Details

Closed on
Nov 17, 2001
Sold by
Shamroe James M and Shamroe Margaret M
Bought by
Reed Michael R

Purchase Details

Closed on
Mar 15, 1999
Sold by
Lee Jeffrey W and Lee Margaret E
Bought by
Shamroe James M and Shamroe Margaret M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,550
Interest Rate
6.74%
Source: Public Records

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

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
Bltrejv3 Memphis Llc $95,000 None Available
Reed Michael R -- None Available
Reed Michael R -- None Available
Reed Michael R -- None Available
Anderson Sharon K -- --
Reed Michael R -- --
Reed Michael R -- --
Shamroe James M $189,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Csma Blt Llc $249,930,700
Previous Owner Reed Michael R $182,400
Previous Owner Reed Michael R $176,000
Previous Owner Shamroe James M $179,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2013 06/28/13 Sold $95,000 -43.8% $34 / Sq Ft
05/03/2013 05/03/13 Pending -- -- --
12/21/2011 12/21/11 For Sale $169,000 -- $61 / 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 $2,120 $82,125 $17,500 $64,625
2024 $2,120 $62,525 $12,550 $49,975
2023 $3,809 $62,525 $12,550 $49,975
2022 $3,809 $62,525 $12,550 $49,975
2021 $3,853 $62,525 $12,550 $49,975
2020 $2,989 $41,250 $12,550 $28,700
2019 $2,989 $41,250 $12,550 $28,700
2018 $2,989 $41,250 $12,550 $28,700
2017 $1,695 $41,250 $12,550 $28,700
2016 $1,722 $39,400 $0 $0
2014 $1,722 $39,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Phillip Kemp

    Seller's Agent in 2013

    Phillip Kemp

    Reed & Associates of Tenn, LLC

    (901) 461-4662

    7 in this area

    57 Total Sales

    Section Image

  • B

    Seller Co-Listing Agent in 2013

    Benjamin Reed

    Reed & Associates of Tenn, LLC

    (901) 870-2966

    8 in this area

    65 Total Sales

    Section Image

  • J

    Buyer's Agent in 2013

    Jay Reedy

    Reedy & Company, REALTORS

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3237660

Memphis Area Association of REALTORS®

APN: 09-6507-C0-0008

Tennessee Shelby County Cordova 38016

8554 Mill Farm Cove, Cordova, TN

This home is located at 8554 Mill Farm Cove, Cordova, TN 38016 since 21 December 2011 and is currently estimated at $329,485, approximately $118 per square foot. This property was built in 1994. 8554 Mill Farm Cove is a home located in Shelby County with nearby schools including Riverwood Elementary School, Cordova High School, and Cordova Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Memphis Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Some or all of the listings displayed may not belong to the firm whose website is being visited. Copyright© 2025 Memphis Area Association of REALTORS®.

Nearby Homes