NOT LISTED FOR SALE

8894 Walnut Ridge Loop Cordova, TN 38018

Cordova Neighborhood

Estimated Value: $251,000 - $306,000

3 Beds
2.5 Baths
2,052 Sq Ft
$137/Sq Ft Est. Value

Last Sold May 27, 2016

Last sale price $121,500 $59 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $1,624/month

Highlights

  • 1 Fireplace
  • Eat-In Kitchen
  • Laundry Room
  • Separate Formal Living Room
  • Double Vanity
  • Dining Room

About This Home

As of November 2016

This home is located at 8894 Walnut Ridge Loop, Cordova, TN 38018 since 05 October 2016 and is currently priced at $280,382. This property was built in 1988. 8894 Walnut Ridge Loop is a home located in Shelby County with nearby schools including Cordova Elementary School, Cordova Middle School, and Cordova High School.

Last Agent to Rent the Property

Stacey Spratlin

Main Street Renewal, LLC License #332096 Listed on: 10/05/2016

Last Renter's Agent

Stacey Spratlin

Main Street Renewal, LLC License #332096 Listed on: 10/05/2016

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988

Lot Details

  • 0.29 Acre Lot

Parking

  • 2 Parking Spaces

Interior Spaces

  • 2,052 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Separate Formal Living Room
  • Dining Room
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Double Vanity
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Community Details

  • Walnut Ridge Sec B Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 091085 00046

Home Details

Home Type

Single Family

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Class: Rental Properties
  • Type: Rental
  • Style Code Use: General Residential, One Story - RES
  • MAAR Subdivision Name: WALNUT RIDGE SEC B
  • Freestanding: Yes
  • List Price Per Sq Ft: 1
  • Number Of Stories: 1
  • Estimated Sq Ft: 2052
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Double Vanity Bath, Separate Tub & Shower
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Microwave, Refrigerator
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Eat-In Kitchen, Washer/Dryer Connections
  • Misc Interior: Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Number: 73
  • Acreage: 0.29
  • Lot Size: 12691SF94.38/120X100.96/136.36

Tax Info

  • Assessor Parcel Number: 091085 00046

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2015
Closed on
May 26, 2016
Sold by
Welch Bruce A and Welch Michelle L
Bought by
Firebird Sfe I Llc
Seller's Agent
Jennifer Carstensen
Real Estate Agency
Buyer's Agent
Spencer Lindahl
Main Street Renewal, LLC
List Price
$130,000
Sold Price
$121,500
Premium/Discount to List
-$8,500
-6.54%
Current Estimated Value
$280,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,882
Avg. Annual Appreciation
9.12%

Purchase Details

Closed on
Oct 19, 2011
Sold by
Hwang Hamin
Bought by
Welch Bruce A and Welch Michelle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,831
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 27, 2008
Sold by
White Robert J
Bought by
Hwang Hamin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Firebird Sfe I Llc $121,500 Summit Title & Escrow Llc
Welch Bruce A $125,000 Realty Title
Hwang Hamin $150,000 Realty Title & Escrow Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Welch Bruce A $121,831
Previous Owner Hwang Hamin $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/22/2016 11/22/16 Rented $1,445 -3.3% --
11/22/2016 11/22/16 Under Contract -- -- --
10/05/2016 10/05/16 For Rent $1,495 0.0% --
05/27/2016 05/27/16 Sold $121,500 -6.5% $61 / Sq Ft View Prior Sale
05/03/2016 05/03/16 Pending -- -- --
11/16/2015 11/16/15 For Sale $130,000 +4.0% $65 / Sq Ft
03/07/2012 03/07/12 Sold $125,000 -8.4% $63 / Sq Ft View Prior Sale
02/01/2012 02/01/12 Pending -- -- --
09/24/2011 09/24/11 For Sale $136,475 -- $68 / 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 $1,812 $65,150 $15,000 $50,150
2024 $1,812 $53,450 $9,750 $43,700
2023 $3,256 $53,450 $9,750 $43,700
2022 $3,256 $53,450 $9,750 $43,700
2021 $3,294 $53,450 $9,750 $43,700
2020 $2,600 $35,875 $9,750 $26,125
2019 $2,600 $35,875 $9,750 $26,125
2018 $2,600 $35,875 $9,750 $26,125
2017 $1,474 $35,875 $9,750 $26,125
2016 $1,369 $31,325 $0 $0
2014 $1,369 $31,325 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Landlord's Agent in 2016

    Stacey Spratlin

    Main Street Renewal, LLC

    (901) 487-9683

    2 Total Sales

    Stacey Spratlin
    Section Image
  • Jennifer Carstensen

    Seller's Agent in 2016

    Jennifer Carstensen

    Real Estate Agency

    (901) 201-0280

    35 in this area

    323 Total Sales

    Jennifer Carstensen
    Section Image

  • S

    Buyer's Agent in 2016

    Spencer Lindahl

    Main Street Renewal, LLC

  • P

    Seller's Agent in 2012

    Pat Harrison

    C21 Maselle & Associates

    Section Image

  • D

    Buyer's Agent in 2012

    Dianna McCutcheon

    Crye-Leike

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9987944

Memphis Area Association of REALTORS®

APN: 09-1085-0-0046

Tennessee Shelby County Memphis 38018 Cordova

8894 Walnut Ridge Loop, Memphis, TN

Not Listed for Sale

Detached

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