NOT LISTED FOR SALE

8568 Riverwood Farms Pkwy Cordova, TN 38016

Estimated Value: $352,988 - $411,000

4 Beds
3 Baths
3,000-3,199 Sq Ft
$121/Sq Ft Est. Value

Last Sold December 02, 2016

Last sale price $239,000 $75 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,343/month

154 Days on Market

Highlights

  • Water Views
  • Two Primary Bedrooms
  • Colonial Architecture
  • Water Access
  • Sitting Area In Primary Bedroom
  • Landscaped Professionally

About This Home

As of December 2016

Beautiful Riverwood Farms home across from the walking trails and lake. This home has all hardwood flooring, granite countertops, custom blinds, SS Appliances with an in law suite downstairs that could be used as a extra den, bedroom or living area. It also has close to a 1/2 acre lot with room for a pool. Extremely clean, move in ready.

Last Agent to Sell the Property

Cal Aycock

KAIZEN Realty, LLC License #271047 Listed on: 05/31/2016

KAIZEN Realty, LLC

Last Buyer's Agent

Tootie Trouy

RE/MAX Right Way License #333946

RE/MAX Right Way

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,362

Year Built

  • Built in 1987

Lot Details

  • 0.41 Acre Lot
  • Wood Fence
  • Landscaped Professionally
  • Level Lot
  • Wooded Lot
  • Few Trees

HOA Fees

  • $42 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 3,000-3,199 Sq Ft Home
  • 3,124 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Some Wood Windows
  • Double Pane Windows
  • Window Treatments
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Den
  • Water Views

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Parquet
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Primary bedroom located on second floor
  • Primary Bedroom Upstairs
  • All Upper Level Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • In-Law or Guest Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer

Attic

  • Attic Access Panel
  • Permanent Attic Stairs

Home Security

  • Home Security System
  • Storm Doors
  • Fire and Smoke Detector
  • Termite Clearance

Parking

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

Outdoor Features

  • Water Access
  • Patio

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Riverwood Farms Phase 1 Subdivision
  • Mandatory home owners association
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 096502 A00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,362

Year Built

Built in 1987

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Colonial
  • Detached Unit Type: General Residential
  • Cross Street: Dexter Lane
  • MLS Map #: 793E
  • MAAR Subdivision Name: RIVERWOOD FARMS PH1
  • List Price Per Sq Ft: 77
  • Number Of Stories: 2
  • Price Per Sq Ft: 76.5
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3124
  • Termite Contract: Yes
  • Year Built: 1987
  • 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, 2nd Bedroom, 3rd Bedroom, 4th of More Bedrooms, 1 Bath, Breakfast Room
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 4th or More Bedrooms, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Up, Primary Up, Two Primaries, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Full Bath Down
  • Estimated Heated Sq Ft Range: 3000-3199
  • Bedroom 2 Description: Level 2, Hardwood Floor
  • Bedroom 3 Description: Level 2, Hardwood Floor
  • Bedroom 4 Description: Level 2, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 1
  • Fireplace: Prefabricated, Vented Gas Fireplace, In Living Room, Gas Starter, Gas Logs
  • Floors/Ceilings: Hardwood Throughout, Tile, Parquet Floor, 9 or more Ft. Ceiling
  • Full Bathrooms: 3
  • Equipment: Range/Oven, Self Cleaning Oven, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Cable Wired
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Great Room, Separate Breakfast Room
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Permanent Attic Stairs, Attic Access, Walk-In Attic, Cat/Dog Free House, Security System, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Laundry Closet, In-Law Quarters, Entry Hall
  • Total Bathrooms: 3
  • 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 2, Walk-In Closet, Full Bath, Sitting Area, Hardwood Floor

Exterior Features

  • Misc Exterior: Patio, Wood Fence
  • Exterior Windows: Brick Veneer, Wood/Composition, R-Factor (See Remarks), Double Pane Window(s), Storm Door(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s), 220 Wiring
  • Heating: Central, Gas
  • Security: Smoke Detector(s), Dead Bolt Lock(s)
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 500
  • Neighborhood Amenities: Lake
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Wooded, Some Trees, Level, Water View, Water Access, Professionally Landscaped, Wood Fenced
  • Lot Number: 3
  • Acreage: 0.41
  • Lot Size: .416AC97.9/111.9X171.95/175.82
  • Price Per Acre: 585122

Multi Family

  • Number Of Rooms: 9

Tax Info

  • Assessor Parcel Number: 096502 A00003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2016
Closed on
Dec 2, 2016
Sold by
Scruggs Scruggs G and Scruggs Kathryn T
Bought by
Smith Steven and Smith Jodie
Seller's Agent
Cal Aycock
KAIZEN Realty, LLC
Buyer's Agent
Tootie Trouy
RE/MAX Right Way
List Price
$239,900
Sold Price
$239,000
Premium/Discount to List
-$900
-0.38%
Current Estimated Value
$386,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,997
Avg. Annual Appreciation
5.51%
Original Mortgage
$184,000
Outstanding Balance
$150,135
Interest Rate
3.52%
Mortgage Type
New Conventional
Estimated Equity
$232,287

Purchase Details

Closed on
Jul 26, 1999
Sold by
Simonton John W and Simonton Virginia F
Bought by
Scruggs G Christopher and Scruggs Kathryn T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.66%
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Smith Steven $230,000 Southern Trust Title Co
Scruggs G Christopher $228,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Steven $184,000
Previous Owner Scruggs G Christopher $39,000
Previous Owner Scruggs G Christopher $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2016 12/02/16 Sold $239,000 -0.4% $80 / Sq Ft
11/01/2016 11/01/16 Pending -- -- --
05/31/2016 05/31/16 For Sale $239,900 -- $80 / 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 $2,362 $89,150 $18,625 $70,525
2024 $2,362 $69,675 $12,650 $57,025
2023 $4,244 $69,675 $12,650 $57,025
2022 $4,244 $69,675 $12,650 $57,025
2021 $4,294 $69,675 $12,650 $57,025
2020 $4,208 $58,075 $12,650 $45,425
2019 $4,208 $58,075 $12,650 $45,425
2018 $4,208 $58,075 $12,650 $45,425
2017 $2,387 $58,075 $12,650 $45,425
2016 $1,899 $43,450 $0 $0
2014 $1,899 $43,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9978722

Memphis Area Association of REALTORS®

APN: 09-6502-A0-0003