NOT LISTED FOR SALE

8863 Lake Edge Cove W Cordova, TN 38016

Estimated Value: $254,497 - $286,000

3 Beds
2.5 Baths
1,800-1,999 Sq Ft
$135/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $205,000 $103 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,665/month

14 Days on Market

Highlights

  • Community Lake
  • Living Room with Fireplace
  • Wood Flooring
  • Clubhouse
  • Traditional Architecture
  • Main Floor Primary Bedroom

About This Home

As of January 2021

Located in highly sought after Carrollwood Lakes! Beautifully remodeled, this home features: Granite countertops in kitchen & bathrooms, New laminate flooring, Fresh paint throughout, New lighting, New Stainless Steel Appliances, Spacious Dining room w/ Breakfast bar, Wood Burning fireplace in the great room, Large Master suite w/ whirlpool tub & separate shower. Nice size backyard & patio, privacy fenced. Neighborhood Amenities include a neighborhood pool, lake, club house and tennis court.

Last Agent to Sell the Property

Tracie Benetz

Emmett Baird Realty, LLC License #326962 Listed on: 12/23/2020

Last Buyer's Agent

Felecia Magro

The Stamps Real Estate Company License #336001

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,603

Year Built

  • Built in 1992

Lot Details

  • 6,534 Sq Ft Lot
  • Wood Fence
  • Landscaped
  • Level Lot

HOA Fees

  • $28 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,806 Sq Ft Home
  • 1.5-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Fireplace Features Masonry
  • Some Wood Windows
  • Entrance Foyer
  • Living Room with Fireplace
  • Dining Room
  • Attic

Kitchen

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

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Possible Extra Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • Double Vanity
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Fire and Smoke Detector
  • Iron Doors

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Outdoor Features

  • Cove
  • Patio

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 096516 E00015

Community Details

Overview

  • Reflections Of Carrollwood Lakes Subdivision
  • Mandatory home owners association
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,603

Year Built

Built in 1992

Lot Details

0

HOA Fees

$28 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 793A
  • MAAR Subdivision Name: REFLECTIONS OF CARROLLWOOD LAKES
  • List Price Per Sq Ft: 110
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 113.51
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1806
  • Year Built: 1992
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Master Bedroom, 1/2 Bath, 1 Bath, Laundry Room
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Master Down, Renovated Bathroom, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedroom 2 Description: Level 2, Shared Bath, Hardwood Floor
  • Bedroom 3 Description: Level 2, Shared Bath, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 1
  • Fireplace: Masonry, In Living Room
  • Floors/Ceilings: Wood Laminate Floors, Tile, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave, Cable Available
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Breakfast Bar, Pantry, Washer/Dryer Connections
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Tile Floor
  • Master Bedroom: Level 1, Walk-In Closet, Full Bath, Tile Floor
  • Master Bedroom Dimensions: 15x12
  • Misc Interior: Walk-In Closet(s), Walk-In Attic, Smoke Detector(s)
  • Other Rooms: Laundry Room, Internal Expansion Area, Entry Hall, Attic
  • Total Bathrooms: 2.1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Patio, Wood Fence
  • Exterior Windows: Brick Veneer, Wood/Composition
  • 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)
  • Heating: Central, Gas
  • Security: Smoke Detector(s)
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 335
  • Neighborhood Amenities: Club House, Lake, Pool
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Level, Cove, Landscaped, Wood Fenced
  • Lot Number: 15
  • Acreage: 0.15
  • Lot Size: 6651SQFT41X131.14 IRR
  • Price Per Acre: 1326667

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 096516 E00015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2020
Closed on
Jan 28, 2021
Sold by
Chen Allen Y and Ly Helen C
Bought by
Post Michael
Seller's Agent
Tracie Benetz
Emmett Baird Realty, LLC
Buyer's Agent
Felecia Magro
The Stamps Real Estate Company
List Price
$199,000
Sold Price
$205,000
Premium/Discount to List
$6,000
3.02%
Total Days on Market
14
Current Estimated Value
$269,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,124
Avg. Annual Appreciation
6.43%
Original Mortgage
$164,000
Outstanding Balance
$147,609
Interest Rate
2.67%
Mortgage Type
Commercial
Estimated Equity
$121,515

Purchase Details

Closed on
Aug 24, 2015
Sold by
Chen Allen
Bought by
Chen Allen Y and Ly Helen C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,250
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2014
Sold by
Sun Lung Kee
Bought by
Chen Allen
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
Post Michael $205,000 Closetrak
Chen Allen Y -- Attorney
Chen Allen $93,000 Alliance Title & Escrow Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Post Michael $164,000
Previous Owner Ly Helen C $95,250
Previous Owner Sun Lung Kee $79,000
Previous Owner Sun Lung Kee $7,143
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $205,000 +3.0% $114 / Sq Ft
01/06/2021 01/06/21 Pending -- -- --
12/23/2020 12/23/20 For Sale $199,000 -- $111 / 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 $1,603 $65,950 $12,500 $53,450
2024 $1,603 $47,275 $7,500 $39,775
2023 $2,880 $47,275 $7,500 $39,775
2022 $2,880 $47,275 $7,500 $39,775
2021 $2,914 $47,275 $7,500 $39,775
2020 $2,237 $30,875 $7,500 $23,375
2019 $987 $30,875 $7,500 $23,375
2018 $987 $30,875 $7,500 $23,375
2017 $1,010 $30,875 $7,500 $23,375
2016 $1,257 $28,775 $0 $0
2014 $1,257 $28,775 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tracie Benetz

    Seller's Agent in 2021

    Tracie Benetz

    Emmett Baird Realty, LLC

    (901) 647-8267

    58 in this area

    357 Total Sales

    Tracie Benetz
    Section Image
  • Felecia Magro

    Buyer's Agent in 2021

    Felecia Magro

    The Stamps Real Estate Company

    (901) 283-9373

    3 in this area

    87 Total Sales

    Felecia Magro
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10090798

Memphis Area Association of REALTORS®

APN: 09-6516-E0-0015

Tennessee Shelby County Cordova 38016

8863 Lake Edge Cove W, Cordova, TN

This home is located at 8863 Lake Edge Cove W, Cordova, TN 38016 since 23 December 2020 and is currently estimated at $269,124, approximately $134 per square foot. This property was built in 1992. 8863 Lake Edge Cove W is a home located in Shelby County with nearby schools including Chimneyrock Elementary School, Cordova High School, and Kate Bond Middle School.

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