$47,500
SOLD JUN 30, 2020

8876 Rocky Point Rd Cordova, TN 38018

0.54 Acre
$87,963 Price per Acre
23,522 Sq Ft Lot

Recently Sold

5% Below List Price

7 Days on Market

About This Lot

As of January 2021

Nice, half acre lot with opportunity to build a single home or subdivide. 8860 Rocky Point is also on the market and could be sold with.

Last Agent to Sell the Property

Laurie McBride Connors

Ware Jones, REALTORS License #300141 Listed on: 06/03/2020

Ware Jones, REALTORS

Last Buyer's Agent

Karen Miller

Adaro Realty, Inc. License #267828

Adaro Realty, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,677

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 160 x 148.03
  • Level Lot
  • Property is zoned R-6

Location

  • City Lot

Community Details

  • Rialto Square Subdivision

Listing and Financial Details

  • Assessor Parcel Number 091019 A00037

Property Details

Property Type

Land

Est. Annual Taxes

$2,677

Lot Details

0

Listing Details

  • Class: Land
  • Type: Land
  • Location: City
  • MLS Map #: 797A
  • MAAR Subdivision Name: RIALTO SQUARE
  • Price Per Sq Ft: 87962.96
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Paved

Lot Info

  • Lot Number: 37
  • Acreage: 0.54
  • Lot Size: 160 X 148.03
  • Price Per Acre: 92593
  • Zoning: R-6
  • Present Usage: None/Vacant
  • Shape: Regular
  • Topographic Feature: Level
  • Zoning Of Adjacent Area: Single Family

Tax Info

  • Assessor Parcel Number: 091019 A00037

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2020
Closed on
Jan 29, 2021
Sold by
Top Homes Llc
Bought by
Mays Kathleen Rachael and Mays Zachary Aaron
Seller's Agent
Karen Miller
Adaro Realty, Inc.
Buyer's Agent
Debbie Holtermann
Coldwell Banker Collins-Maury
List Price
$319,900
Sold Price
$319,900
Current Estimated Value
$400,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,656
Avg. Annual Appreciation
5.17%
Original Mortgage
$319,900
Outstanding Balance
$288,577
Interest Rate
2.67%
Mortgage Type
VA
Estimated Equity
$113,052

Purchase Details

Listed on
Jun 3, 2020
Closed on
Aug 18, 2020
Sold by
Delta Title Services Llc
Bought by
Top Homes Llc
Seller's Agent
Laurie McBride Connors
Ware Jones, REALTORS
Buyer's Agent
Karen Miller
Adaro Realty, Inc.
List Price
$50,000
Sold Price
$47,500
Premium/Discount to List
-$2,500
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2580.03%

Purchase Details

Listed on
Jun 3, 2020
Closed on
Jun 30, 2020
Sold by
Ardis Patrick M
Bought by
Top Homes Llc
Seller's Agent
Laurie McBride Connors
Ware Jones, REALTORS
Buyer's Agent
Karen Miller
Adaro Realty, Inc.
List Price
$50,000
Sold Price
$47,500
Premium/Discount to List
-$2,500
-5%
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 Type Sale Price Title Company
Warranty Deed $319,900 Delta Title Services Llc
Quit Claim Deed -- Delta Title Services Llc
Warranty Deed $95,000 Delta Title Services Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $319,900 VA
Previous Owner $40,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $319,900 0.0% $133 / Sq Ft
12/17/2020 12/17/20 For Sale $319,900 0.0% $133 / Sq Ft
11/23/2020 11/23/20 Pending -- -- --
10/01/2020 10/01/20 For Sale $319,900 +573.5% $133 / Sq Ft
06/30/2020 06/30/20 Sold $47,500 -5.0% --
06/10/2020 06/10/20 Pending -- -- --
06/03/2020 06/03/20 For Sale $50,000 -- --
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 $2,677 $99,050 $16,250 $82,800
2024 $2,677 $78,975 $11,875 $67,100
2023 $4,811 $78,975 $11,875 $67,100
2022 $4,811 $78,975 $11,875 $67,100
2021 $2,725 $78,975 $11,875 $67,100
2020 $860 $11,875 $11,875 $0
2019 $380 $11,875 $11,875 $0
2018 $380 $11,875 $11,875 $0
2017 $388 $11,875 $11,875 $0
2016 $328 $7,500 $0 $0
2014 $328 $7,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10077755

Memphis Area Association of REALTORS®

APN: 09-1019-A0-0037