NOT LISTED FOR SALE

864 Timber Grove Dr Cordova, TN 38018

Cordova Neighborhood

Estimated Value: $220,000 - $236,000

2 Beds
2 Baths
1,200-1,399 Sq Ft
$161/Sq Ft Est. Value

Last Sold May 22, 2020

Last sale price $130,000 $93 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $1,301/month

Highlights

  • Traditional Architecture
  • Porch
  • Central Heating and Cooling System
  • Wood Flooring
  • Double Pane Windows
  • Combination Dining and Living Room

About This Home

As of May 2020

This home is located at 864 Timber Grove Dr, Cordova, TN 38018 since 03 May 2020 and is currently estimated at $225,576, approximately $187 per square foot. This property was built in 1991. 864 Timber Grove Dr is a home located in Shelby County with nearby schools including Cordova Elementary School, Cordova Middle School, and Cordova High School.

Last Agent to Sell the Property

Kevin Figg

Adaro Realty, Inc. License #239531 Listed on: 05/03/2020

Adaro Realty, Inc.

Last Buyer's Agent

Frieda Weeden

REMAX Experts License #338778

REMAX Experts

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,314

Year Built

  • Built in 1991

Lot Details

  • 5,663 Sq Ft Lot
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Property Attached
  • Vinyl Siding

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,351 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Factory Built Fireplace
  • Double Pane Windows
  • Combination Dining and Living Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Front Facing Garage

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Porch
  • Ground Level

Community Details

  • Timber Creek Subdivision
  • Mandatory Home Owners Association
  • Planned Unit Development

Listing and Financial Details

  • Assessor Parcel Number 091039 B00053

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,314

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: Ground Level-Single Story
  • MLS Map #: 796B
  • MAAR Subdivision Name: TIMBER CREEK
  • List Price Per Sq Ft: 92
  • Number Of Stories: 1
  • Price Per Sq Ft: 96.23
  • Prop Construction Status: Existing Property
  • Planned Unit Development: Yes
  • Estimated Sq Ft: 1351
  • Year Built: 1991
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: Luxury Primary Bath
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Fireplace: Prefabricated
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 2
  • Living Dining Kitchen: LR/DR Combination
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer, Vinyl Siding, Double Pane Window(s)

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Front-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central, Gas

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 53
  • Acreage: 0.13
  • Lot Size: 5987SQFT44.89X121.13 IRR
  • Price Per Acre: 959615

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 091039 B00053

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2020
Closed on
May 21, 2020
Sold by
Allen Michelle B
Bought by
Jeffers Maxine
Seller's Agent
Kevin Figg
Adaro Realty, Inc.
Buyer's Agent
Frieda Weeden
REMAX Experts
List Price
$124,750
Sold Price
$130,000
Premium/Discount to List
$5,250
4.21%
Current Estimated Value
$225,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,576
Avg. Annual Appreciation
11.19%
Original Mortgage
$123,500
Outstanding Balance
$110,391
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$118,933

Purchase Details

Closed on
Apr 29, 2010
Sold by
Askew Barbara Gail
Bought by
Allen Michelle B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,400
Interest Rate
4.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2001
Sold by
Janice Deas
Bought by
Askew Barbara Gail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.11%

Purchase Details

Closed on
Mar 26, 1998
Sold by
Harris Myron S
Bought by
Deas Janice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,344
Interest Rate
6.95%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Jeffers Maxine $130,000 Reality Title
Allen Michelle B $110,500 Realty Title & Escrow Co
Askew Barbara Gail $117,000 --
Deas Janice $106,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jeffers Maxine $123,500
Previous Owner Allen Michelle B $88,400
Previous Owner Askew Barbara Gail $90,000
Previous Owner Deas Janice $105,344
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2020 05/22/20 Sold $130,000 +4.2% $108 / Sq Ft
05/05/2020 05/05/20 Pending -- -- --
05/03/2020 05/03/20 For Sale $124,750 -- $104 / 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 $1,314 $55,500 $10,500 $45,000
2024 $1,314 $38,750 $6,250 $32,500
2023 $2,361 $38,750 $6,250 $32,500
2022 $2,361 $38,750 $6,250 $32,500
2021 $2,388 $38,750 $6,250 $32,500
2020 $2,087 $28,800 $6,250 $22,550
2019 $920 $28,800 $6,250 $22,550
2018 $920 $28,800 $6,250 $22,550
2017 $942 $28,800 $6,250 $22,550
2016 $1,076 $24,625 $0 $0
2014 $1,076 $24,625 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kevin Figg

    Seller's Agent in 2020

    Kevin Figg

    Adaro Realty, Inc.

    (901) 412-0823

    1 in this area

    1 Total Sale

    Kevin Figg
    Section Image
  • Frieda Weeden

    Buyer's Agent in 2020

    Frieda Weeden

    RE/MAX

    (901) 378-3570

    24 in this area

    60 Total Sales

    Frieda Weeden
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10075818

Memphis Area Association of REALTORS®

APN: 09-1039-B0-0053

Tennessee Shelby County Cordova 38018 Cordova

864 Timber Grove Dr, Cordova, TN

This home is located at 864 Timber Grove Dr, Cordova, TN 38018 since 03 May 2020 and is currently estimated at $225,576, approximately $161 per square foot. This property was built in 1991. 864 Timber Grove Dr is a home located in Shelby County with nearby schools including Cordova Elementary School, Cordova Middle School, and Cordova High School.

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