NOT LISTED FOR SALE

8616 Cedar Farms Dr Cordova, TN 38016

Estimated Value: $334,000 - $382,000

5 Beds
3.5 Baths
3,000-3,199 Sq Ft
$112/Sq Ft Est. Value

Last Sold June 26, 2024

Last sale price $344,000 $108 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,186/month

5 Days on Market

Highlights

  • Community Lake
  • Traditional Architecture
  • Whirlpool Bathtub
  • Deck
  • Main Floor Primary Bedroom
  • Attic

About This Home

As of June 2024

Welcome to your dream home nestled in a vibrant neighborhood offering 25 acres of green space, a 35 acre lake, 2.5 miles of walking trails, & abundant wildlife. This charming home features three spacious bedrooms plus an office conveniently located on the main floor. Step out onto the inviting front porch for your morning coffee, or relax on the rear deck. Upgrades include tankless water heater, new paint, appliances, flooring, & much more. Experience the perfect blend of nature & modern living.

Last Agent to Sell the Property

Angie Kelley

Compass RE License #297384 Listed on: 05/31/2024

Compass RE

Last Buyer's Agent

Justin Lance

Keller Williams License #310176

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,365

Year Built

  • Built in 1989

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 96x150
  • Wood Fence
  • Landscaped
  • Few Trees

HOA Fees

  • $44 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 3,000-3,199 Sq Ft Home
  • 3,135 Sq Ft Home
  • 1.5-Story Property
  • Ceiling height of 9 feet or more
  • Breakfast Room
  • Dining Room
  • Den with Fireplace
  • Bonus Room
  • Play Room
  • Storage Room
  • Pull Down Stairs to Attic
  • Iron Doors

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

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

Outdoor Features

  • Deck
  • Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 096502 A00080

Community Details

Overview

  • Riverwood Farms Phase 2 Subdivision
  • Property managed by Wright Management Co
  • Mandatory home owners association
  • Community Lake

Recreation

  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,365

Year Built

Built in 1989

Lot Details

0

HOA Fees

$44 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 793E
  • MAAR Subdivision Name: RIVERWOOD FARMS PH2
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 109.73
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3135
  • Year Built: 1989
  • List Price/ Sq Ft: 111
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Laundry Room, Breakfast Room, Office
  • Second Story Floor Plan: 4th or More Bedrooms, 1 Bath, Bonus Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Split Bedroom Plan, Renovated Bathroom, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 3000-3199
  • Bedroom 2 Description: Level 1, Walk-In Closet, Shared Bath
  • Bedroom 3 Description: Level 1, Walk-In Closet, Shared Bath
  • Bedroom 4 Description: Level 2
  • Bedroom 5 Description: Level 2
  • Bedrooms: 5
  • Bedrooms Down: 3
  • Fireplace: In Den/Great Room
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet, Tile, 9 or more Ft. Ceiling
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Cooktop, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Living Dining Kitchen: Separate Dining Room, Separate Den, Breakfast Bar, Pantry, Washer/Dryer Connections
  • Misc Interior: Walk-In Closet(s), Pull Down Attic Stairs, Walk-In Attic, Cat/Dog Free House
  • Number Of Fireplaces: 1
  • Other Rooms: Play Room, Office/Sewing Room, Attic, Storage Room
  • Total Bathrooms: 3.1
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Porch, Deck, Nbrhd Recreation Facility, Well Landscaped Grounds, Wood Fence
  • Exterior Windows: Brick Veneer
  • 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, Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 525
  • Management Company: Wright Management Co
  • Neighborhood Amenities: Lake, Recreation Facilities
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Wood Fenced
  • Lot Number: 80
  • Acreage: 0.36
  • Lot Size: 96X150
  • Price Per Acre: 969444

Multi Family

  • Number Of Rooms: 10

Tax Info

  • Assessor Parcel Number: 096502 A00080

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2024
Closed on
Jun 26, 2024
Sold by
Vanpelt Mary
Bought by
Clay Maria A
Seller's Agent
Angie Kelley
Compass RE
Buyer's Agent
Justin Lance
Keller Williams
List Price
$349,000
Sold Price
$344,000
Premium/Discount to List
-$5,000
-1.43%
Views
54
Current Estimated Value
$357,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,610
Avg. Annual Appreciation
3.31%
Original Mortgage
$232,500
Outstanding Balance
$229,944
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$127,666

Purchase Details

Listed on
Apr 7, 2020
Closed on
May 7, 2020
Sold by
Farewell Delton D and Farewell Dometria A
Bought by
Coleman Mary M
Seller's Agent
latasha conway
Divine Destiny Realty
Buyer's Agent
Doug Damico
Crye-Leike, Inc., REALTORS
List Price
$260,000
Sold Price
$261,000
Premium/Discount to List
$1,000
0.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.90%
Original Mortgage
$256,272
Interest Rate
2.75%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 6, 2009
Sold by
Lane Curtis H and Lane Barbie M
Bought by
Farewell Delton D and Farewell Demetria A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
5.19%
Mortgage Type
VA

Purchase Details

Closed on
Oct 3, 2006
Sold by
Garcia Edwardo and Garcia Laurie A
Bought by
Lane Curtis H and Lane Barbie M

Purchase Details

Closed on
Sep 19, 1997
Sold by
Thomas Alan L and Thomas Taunie L
Bought by
Garcia Edwardo and Garcia Laurie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,550
Interest Rate
6.12%
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
Clay Maria A $344,000 Realty Title & Escrow
Coleman Mary M $261,000 Preferred Title & Escrow Ins
Farewell Delton D $165,000 Realty Title
Lane Curtis H $199,900 Realty Title & Escrow Co Inc
Garcia Edwardo $209,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clay Maria A $232,500
Previous Owner Vanpelt Mary M $65,000
Previous Owner Coleman Mary M $256,272
Previous Owner Farewell Delton D $163,000
Previous Owner Farewell Delton D $165,000
Previous Owner Garcia Edwardo $197,000
Previous Owner Garcia Edwardo $197,200
Previous Owner Garcia Edwardo $198,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2024 06/26/24 Sold $344,000 -1.4% $115 / Sq Ft
05/31/2024 05/31/24 For Sale $349,000 +33.7% $116 / Sq Ft
05/08/2020 05/08/20 Sold $261,000 +0.4% $87 / Sq Ft
04/07/2020 04/07/20 For Sale $260,000 -- $87 / 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 $2,365 $89,925 $18,625 $71,300
2024 $2,365 $69,750 $12,650 $57,100
2023 $4,249 $69,750 $12,650 $57,100
2022 $4,249 $69,750 $12,650 $57,100
2021 $4,299 $69,750 $12,650 $57,100
2020 $4,116 $56,800 $12,650 $44,150
2019 $1,815 $56,800 $12,650 $44,150
2018 $1,815 $56,800 $12,650 $44,150
2017 $1,858 $56,800 $12,650 $44,150
2016 $2,081 $47,625 $0 $0
2014 $2,081 $47,625 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Angie Kelley

    Seller's Agent in 2024

    Angie Kelley

    Compass RE

    (901) 828-8919

    11 in this area

    149 Total Sales

    Angie Kelley
    Section Image

  • J

    Buyer's Agent in 2024

    Justin Lance

    Keller Williams

    (877) 234-8777

    12 in this area

    303 Total Sales

    Justin Lance
    Section Image
  • latasha conway

    Seller's Agent in 2020

    latasha conway

    Divine Destiny Realty

    (901) 502-8810

    11 in this area

    97 Total Sales

    latasha conway
    Section Image
  • Doug Damico

    Buyer's Agent in 2020

    Doug Damico

    Crye-Leike

    (901) 356-4856

    7 in this area

    79 Total Sales

    Doug Damico
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10173601

Memphis Area Association of REALTORS®

APN: 09-6502-A0-0080

Tennessee Shelby County Cordova 38016

8616 Cedar Farms Dr, Cordova, TN

This home is located at 8616 Cedar Farms Dr, Cordova, TN 38016 since 31 May 2024 and is currently estimated at $357,610, approximately $111 per square foot. This property was built in 1989. 8616 Cedar Farms Dr is a home located in Shelby County with nearby schools including Riverwood Elementary School, Cordova High School, and Cordova Middle School.

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