NOT LISTED FOR SALE

8851 Macon Rd Cordova, TN 38018

Estimated Value: $246,000 - $257,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$157/Sq Ft Est. Value

Last Sold October 19, 2021

Last sale price $230,000 $144 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,491/month

4 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Landscaped
  • 1 Fireplace
  • Eat-In Kitchen
  • Ceiling height of 9 feet or more

About This Home

As of October 2021

This home will not last long! Get your client's offers in! This 3 bedroom, 2 bathroom home has been well maintained by the owner. The charm of the home is how well the space was created by the original builder. The space of this home is really nice, and it has 2 back yards. This home will be available to see this weekend 09/18/2021-09/19/2021 from 11am-2pm

Last Agent to Sell the Property

TarAngela McDonald

KAIZEN Realty, LLC License #298482 Listed on: 09/10/2021

KAIZEN Realty, LLC

Last Buyer's Agent

Lakesha Lilly Leatherwood

The Home Partners Realty License #339833

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,478

Year Built

  • Built in 2007

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 51.5 x 130.5
  • Wood Fence
  • Landscaped
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,432 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • 1 Fireplace
  • Separate Formal Living Room
  • Wall to Wall Carpet
  • Iron Doors
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Utilities

  • Central Heating and Cooling System

Community Details

  • Rialto Square Subdivision

Listing and Financial Details

  • Assessor Parcel Number 091019 A00075

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,478

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 797A
  • MAAR Subdivision Name: RIALTO SQUARE
  • List Price Per Sq Ft: 152
  • Number Of Stories: 1
  • Price Per Sq Ft: 160.61
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1432
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Split Bedroom Plan
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wall to Wall Carpet, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Eat-In Kitchen, Breakfast Bar, Pantry, Washer/Dryer Connections
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Wood Fence
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad, Garage Door Opener(s), Back-Load Garage, Street Parking Only

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level, Landscaped
  • Lot Number: 75
  • Acreage: 0.15
  • Lot Size: 51.5 X 130.5
  • Price Per Acre: 1453333

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 091019 A00075

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2021
Closed on
Oct 19, 2021
Sold by
Williams Margaret A
Bought by
James Corliss Francine
Seller's Agent
TarAngela McDonald
KAIZEN Realty, LLC
Buyer's Agent
Lakesha Lilly Leatherwood
The Home Partners Realty
List Price
$218,000
Sold Price
$230,000
Premium/Discount to List
$12,000
5.5%
Current Estimated Value
$251,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,133
Avg. Annual Appreciation
2.33%
Original Mortgage
$230,000
Outstanding Balance
$211,551
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$39,582

Purchase Details

Closed on
Jan 27, 2009
Sold by
Michael R Reed Llc
Bought by
Williams Margaret A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,645
Interest Rate
5.23%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 25, 2008
Sold by
Compass Pointe Homes Llc
Bought by
Michael R Reed Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,999
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
James Corliss Francine $230,000 Foundation T&E Llc
Williams Margaret A $130,000 Southern Trust Title Company
Michael R Reed Llc $112,999 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open James Corliss Francine $230,000
Previous Owner Williams Margaret A $127,645
Previous Owner Michael R Reed Llc $92,999
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2021 10/19/21 Sold $230,000 +5.5% $164 / Sq Ft
09/18/2021 09/18/21 For Sale $218,000 -5.2% $156 / Sq Ft
09/10/2021 09/10/21 Off Market $230,000 -- --
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 $1,478 $61,450 $13,000 $48,450
2024 $1,478 $43,600 $9,500 $34,100
2023 $2,656 $43,600 $9,500 $34,100
2022 $2,656 $43,600 $9,500 $34,100
2021 $1,183 $43,600 $9,500 $34,100
2020 $2,246 $31,000 $9,500 $21,500
2019 $991 $31,000 $9,500 $21,500
2018 $991 $31,000 $9,500 $21,500
2017 $1,014 $31,000 $9,500 $21,500
2016 $1,161 $26,575 $0 $0
2014 $1,161 $26,575 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10108524

Memphis Area Association of REALTORS®

APN: 09-1019-A0-0075