$25,000
SOLD OCT 29, 2019

8567 Ericson Cove Cordova, TN 38018

0.4 Acre
$62,500 Price per Acre
17,424 Sq Ft Lot

Recently Sold

29% Below List Price

180 Days on Market

Highlights

  • Lake, Pond or Stream
  • Door to Door Trash Pickup
  • Lot Has A Rolling Slope
  • Wooded Lot

About This Lot

As of September 2021

Nice wooded lot in Walnut grove Lake subdivision with lake privileges. It is hard to find a lot in this subdivision. Great price! Owner is an architect and could provide advice on the location of the home on the lot and possibly give some design ideas for the home.

Last Agent to Sell the Property

Laurie Stark

Hobson, REALTORS License #215912 Listed on: 05/01/2019

Last Buyer's Agent

Mark Duke

Ware Jones, REALTORS License #249368

Ware Jones, REALTORS

Property Details

Property Type

  • Land

Lot Details

  • 0.4 Acre Lot
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Natural Drainage

Location

  • City Lot

Utilities

  • Water Rights
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 091099 00011

Community Details

Recreation

  • Cove
  • Lake, Pond or Stream

Additional Features

  • Walnut Grove Lake Sec D Subdivision
  • Door to Door Trash Pickup

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Class: Land
  • Type: Land
  • Cross Street: Ericson
  • Location: Cove, City, Subdivision
  • MLS Map #: 796E
  • MAAR Subdivision Name: WALNUT GROVE LAKE SEC D
  • Price Per Sq Ft: 62500
  • Miscellaneous: Pond/Lake, Garbage Pickup
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Paved

Utilities

  • Utilities: Public Water, Electricity, Public Sewer, Telephone

Association/Amenities

  • Amenities: Water Rights
  • Uses Of Adjacent Area: Residential

Lot Info

  • Lot Number: 140
  • Acreage: 0.4
  • Lot Size: 81.22/130.53X134.08/87.39+65+
  • Price Per Acre: 75000
  • Zoning: res
  • Improvements: Curbs and Gutters
  • Lots Available: 1 Only
  • Present Usage: None/Vacant
  • Shape: Irregular
  • Topographic Feature: Rolling, Wooded, Natural Drainage
  • Zoning Of Adjacent Area: Single Family

Tax Info

  • Assessor Parcel Number: 091099 00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2021
Closed on
Sep 3, 2021
Sold by
Headley Dennis
Bought by
Tuombe Emmanuel
Seller's Agent
Mark Duke
Ware Jones, REALTORS
Buyer's Agent
J.C. McKinnon
REMAX Experts
List Price
$45,000
Sold Price
$40,000
Premium/Discount to List
-$5,000
-11.11%
Current Estimated Value
$49,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,793
Avg. Annual Appreciation
5.88%

Purchase Details

Listed on
May 1, 2019
Closed on
Oct 29, 2019
Sold by
Copeland Gary M and Copeland Grace Y
Bought by
Headley Dennis
Seller's Agent
Laurie Stark
Hobson, REALTORS
Buyer's Agent
Mark Duke
Ware Jones, REALTORS
List Price
$35,000
Sold Price
$25,000
Premium/Discount to List
-$10,000
-28.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.92%
Original Mortgage
$18,750
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
May 21, 2008
Sold by
Copeland Gary M and Copeland Grace Y
Bought by
Copeland Gary M and Copeland Grace Y

Purchase Details

Closed on
Nov 30, 1995
Bought by
Evans Cheryl T
Source: Public Records

Range of Values:

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Average Value
Not Available
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 $40,000 Mid South Title Services Llc
Warranty Deed $25,000 Mid South Title
Interfamily Deed Transfer -- None Available
Deed $121,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $18,750 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2021 09/03/21 Sold $40,000 -11.1% --
08/09/2021 08/09/21 For Sale $45,000 0.0% --
07/27/2021 07/27/21 Pending -- -- --
07/06/2021 07/06/21 For Sale $45,000 +80.0% --
10/29/2019 10/29/19 Sold $25,000 -16.7% --
10/28/2019 10/28/19 Pending -- -- --
07/31/2019 07/31/19 Price Changed $30,000 -14.3% --
05/01/2019 05/01/19 For Sale $35,000 -- --
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 -- $16,250 $16,250 --
2024 $409 $12,050 $12,050 --
2023 $734 $12,050 $12,050 $0
2022 $734 $12,050 $12,050 $0
2021 $327 $12,050 $12,050 $0
2020 $873 $12,050 $12,050 $0
2019 $385 $12,050 $12,050 $0
2018 $385 $12,050 $12,050 $0
2017 $394 $12,050 $12,050 $0
2016 $527 $12,050 $0 $0
2014 $527 $12,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10051673

Memphis Area Association of REALTORS®

APN: 09-1099-0-0011