NOT LISTED FOR SALE

860 Timber Grove Dr Cordova, TN 38018

Estimated Value: $224,000 - $250,000

2 Beds
2 Baths
1,400-1,599 Sq Ft
$148/Sq Ft Est. Value

Last Sold January 27, 2016

Last sale price $70,000 $44 Per Sq Ft

Est. 239% increase in value since last sale

Current estimated payment $1,440/month

15 Days on Market

Highlights

  • Traditional Architecture
  • Bonus Room
  • Porch
  • Whirlpool Bathtub
  • Great Room
  • 2 Car Attached Garage

About This Home

As of January 2016

Don't wait...this one will not last! 2BR 2BA with a bonus that can be used as a 3rd BR~Spacious Greatroom, Eat-in kitchen and Separate Dining room~ Luxury Master with access to patio~ Low maintenance brick/vinyl exterior, 2 car garage, fenced yard and nice front porch~ Hud case 482- 379616 as-is

Last Agent to Sell the Property

Crystal Mitchell

Crye-Leike Inc., REALTORS License #258649 Listed on: 08/26/2015

Crye-Leike Inc., REALTORS

Last Buyer's Agent

Donna Skaarer

KAIZEN Realty, LLC License #202510

KAIZEN Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,348

Year Built

  • Built in 1992

Lot Details

  • 5,227 Sq Ft Lot
  • Wood Fence
  • Landscaped

HOA Fees

  • $12 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Property Attached
  • Slab Foundation
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,439 Sq Ft Home
  • 1-Story Property
  • Popcorn or blown ceiling
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Great Room
  • Dining Room
  • Den with Fireplace
  • Bonus Room
  • Partially Carpeted
  • Laundry closet

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • 220 Volts

Community Details

  • Timber Creek Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 091039 B00054

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,348

Year Built

Built in 1992

Lot Details

0

HOA Fees

$12 per month

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Cross Street: Timber Knoll
  • MLS Map #: 796B
  • MAAR Subdivision Name: TIMBER CREEK
  • List Price Per Sq Ft: 49
  • Number Of Stories: 1
  • Price Per Sq Ft: 48.64
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1439
  • Year Built: 1992
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Fireplace: In Den/Great Room
  • Floors/Ceilings: Part Carpet, Sprayed Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Dishwasher, Microwave
  • Living Dining Kitchen: Separate Dining Room, Great Room, Eat-In Kitchen
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet, Bonus Room
  • Total Bathrooms: 2
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower

Exterior Features

  • Misc Exterior: Porch, Patio
  • Exterior Windows: Brick Veneer, Vinyl Siding
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

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

Utilities

  • Cooling: Central, Ceiling Fan(s), 220 Wiring
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 140
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Landscaped, Wood Fenced
  • Lot Number: 54
  • Acreage: 0.12
  • Lot Size: 5479SQFT41.75X121.13
  • Price Per Acre: 583333

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 091039 B00054

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2015
Closed on
Jan 27, 2016
Sold by
Castro Julian
Bought by
Mitchell Debra Kim
Seller's Agent
Crystal Mitchell
Crye-Leike Inc., REALTORS
Buyer's Agent
Donna Skaarer
KAIZEN Realty, LLC
List Price
$70,000
Sold Price
$70,000
Current Estimated Value
$237,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,056
Avg. Annual Appreciation
13.69%
Original Mortgage
$76,210
Interest Rate
3.99%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 30, 2014
Sold by
Mcnerney John P and Mcnerney Anna Mac
Bought by
The Secretary Of Hud

Purchase Details

Closed on
May 12, 2006
Sold by
Askew Barbara
Bought by
Mcnerney Anna Mae and Mcnerney John P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,578
Interest Rate
6.39%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 3, 2004
Sold by
Shipp Oliver Joseph
Bought by
Askew Barbara

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
4.75%
Mortgage Type
Purchase Money Mortgage
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
Mitchell Debra Kim $70,000 Attorney
The Secretary Of Hud $85,800 Attorney
Mcnerney Anna Mae $117,500 West Tn Title Ins Agency
Askew Barbara $111,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mitchell Debra K $89,600
Closed Mitchell Debra Kim $76,210
Previous Owner Mcnerney Anna Mae $116,578
Previous Owner Askew Barbara $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2016 01/27/16 Sold $70,000 0.0% $50 / Sq Ft
09/10/2015 09/10/15 Pending -- -- --
08/26/2015 08/26/15 For Sale $70,000 -- $50 / 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 $1,348 $57,250 $10,500 $46,750
2024 -- $39,775 $6,250 $33,525
2023 $2,423 $39,775 $6,250 $33,525
2022 $2,423 $39,775 $6,250 $33,525
2021 $2,451 $39,775 $6,250 $33,525
2020 $2,170 $29,950 $6,250 $23,700
2019 $2,170 $29,950 $6,250 $23,700
2018 $2,170 $29,950 $6,250 $23,700
2017 $1,231 $29,950 $6,250 $23,700
2016 $1,118 $25,575 $0 $0
2014 $1,118 $25,575 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9959810

Memphis Area Association of REALTORS®

APN: 09-1039-B0-0054