$515,000
SOLD FEB 10, 2022

8727 Thor Rd Cordova, TN 38018

3 Beds
2 Baths
2,400-2,599 Sq Ft
10.77 Acres

Recently Sold

$198 Per Sq Ft

14% Below List Price

28 Days on Market

Highlights

  • 10.77 Acre Lot
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Wooded Lot
  • Wood Flooring
  • Separate Formal Living Room

About This Home

As of February 2022

INCOME PRODUCING POTENTIAL!! Multi-family development & residential opportunity w/ 1,086 ft frontage on Sanga RD w/ several access points to neighborhood & boasts option for division into several lots w/ immediate convenience to Cordova Elem. & historically notable Cordova. Accommodates both commercial & residential visionary interests. Farm animals allowed! New HVAC, ducts, wood floors, wiring, water heater, w/ updated downstairs bath & open concept kitchen. Snag this jewel quickly!

Last Agent to Sell the Property

Erica Martin

Real Estate Agency License #325990 Listed on: 12/06/2021

Co-Listed By

Christopher Watson

REMAX Experts License #329927

Last Buyer's Agent

Nataraja Krishnaraju

Crye-Leike, Inc., REALTORS License #333358

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,484

Year Built

  • Built in 1913

Lot Details

  • 10.77 Acre Lot
  • Wood Fence
  • Chain Link Fence
  • Corner Lot
  • Wooded Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,400-2,599 Sq Ft Home
  • 2,434 Sq Ft Home
  • 1.2-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Fireplace With Glass Doors
  • Fireplace Features Masonry
  • Some Wood Windows
  • Window Treatments
  • Great Room
  • Separate Formal Living Room
  • Dining Room
  • Den with Fireplace
  • Sun or Florida Room
  • Unfinished Basement
  • Partial Basement
  • Washer and Dryer Hookup

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Parking

  • 2 Car Attached Garage
  • Carport
  • Circular Driveway

Outdoor Features

  • Covered patio or porch

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • Ss Thor Rd Sanga Sw Subdivision

Listing and Financial Details

  • Assessor Parcel Number 091053 00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,484

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 796B
  • MAAR Subdivision Name: Cordova
  • List Price Per Sq Ft: 247
  • Number Of Stories: 1.2
  • Price Per Sq Ft: 211.59
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2434
  • Year Built: 1913
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 1 Bath, Sun Room
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 2400-2599
  • Bedroom 2 Description: Level 2, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 2, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 2
  • Fireplace: Masonry, In Den/Great Room, Glass Doors
  • Floors/Ceilings: Hardwood Throughout, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Double Oven, Disposal, Dishwasher, Microwave, Refrigerator
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Great Room, Pantry, W/D Connection in Kitchen
  • Misc Interior: Excl Some Window Treatmnt, Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 1
  • Other Rooms: Sun Room, Unfinished Basement
  • Total Bathrooms: 2
  • Primary Bathroom Description: Double Sinks, Smooth Ceiling
  • P R I M A R Y B E D R O O M: Level 1, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Porch, Covered Patio, Wooded Grounds, Wood Fence, Chain Fence
  • Exterior Windows: Brick Veneer, Wood Window(s)
  • Foundation: Slab, Partial Basement
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking Display: C2A
  • Parking Storage: Circular Drive

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Water Sewer: Electric Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Wooded, Corner, Wood Fenced, Chain Fenced
  • Acreage: 10.77
  • Lot Size: 10.77
  • Price Per Acre: 55710

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 091053 00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2021
Closed on
Feb 10, 2022
Sold by
Thor Investments Inc
Bought by
Patel Kamleshkumar A
Seller's Agent
Erica Martin
Real Estate Agency
Buyer's Agent
Nataraja Krishnaraju
Crye-Leike, Inc., REALTORS
List Price
$600,000
Sold Price
$515,000
Premium/Discount to List
-$85,000
-14.17%
Current Estimated Value
$475,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$39,796
Avg. Annual Appreciation
-2.55%
Original Mortgage
$360,500
Outstanding Balance
$297,782
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$172,990

Purchase Details

Listed on
Feb 24, 2010
Closed on
Sep 18, 2013
Sold by
Memphis Theological Seminary Of The Cumb
Bought by
Thor Investments Inc
Seller's Agent
Shannan McWaters
The Firm
Buyer's Agent
Michael Frizzell
Grind City Realty
List Price
$299,900
Sold Price
$158,000
Premium/Discount to List
-$141,900
-47.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.10%

Purchase Details

Closed on
Jan 8, 2010
Sold by
Baird Thalia
Bought by
Memphis Theological Seminary Of The Cumb and University Of Tennessee
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 Type Sale Price Title Company
Warranty Deed $515,000 Realty Title
Quit Claim Deed $158,000 None Available
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $360,500 New Conventional
Closed $360,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2022 02/10/22 Sold $515,000 -14.2% $215 / Sq Ft
12/06/2021 12/06/21 For Sale $600,000 +279.7% $250 / Sq Ft
09/19/2013 09/19/13 Sold $158,000 -47.3% $54 / Sq Ft
08/23/2013 08/23/13 Pending -- -- --
02/24/2010 02/24/10 For Sale $299,900 -- $103 / 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 $3,484 $127,925 $73,600 $54,325
2024 $3,484 $102,775 $67,200 $35,575
2023 $6,261 $102,775 $67,200 $35,575
2022 $6,261 $102,775 $67,200 $35,575
2021 $3,115 $90,300 $67,200 $23,100
2020 $4,666 $64,400 $54,375 $10,025
2019 $2,058 $64,400 $54,375 $10,025
2018 $2,058 $64,400 $54,375 $10,025
2017 $2,107 $64,400 $54,375 $10,025
2016 $3,031 $69,350 $0 $0
2014 $3,031 $69,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10113803

Memphis Area Association of REALTORS®

APN: 09-1053-0-0005