NOT LISTED FOR SALE

8948 River Sound Dr Cordova, TN 38016

Estimated Value: $405,024 - $437,000

4 Beds
2.5 Baths
3,200-3,399 Sq Ft
$123/Sq Ft Est. Value

Last Sold January 31, 2013

Last sale price $187,000 $55 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $2,551/month

67 Days on Market

Highlights

  • Sitting Area In Primary Bedroom
  • Vaulted Ceiling
  • Wood Flooring
  • Fireplace in Primary Bedroom
  • Traditional Architecture
  • Whirlpool Bathtub

About This Home

As of January 2013

Lg Open Floorplan freshly painted. Wood & stained concrete floors downstairs. New carpet upstairs. Master + connected office/sitting room with fireplace. Huge open kitchen, breakfast area, living room. Upstairs is 3 BR + Bonus rm. Large cove lot. As-is.

Last Listed By

Phillip Kemp

Reed & Associates of Tenn, LLC License #286830 Listed on: 10/04/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,565

Year Built

  • Built in 2002

Lot Details

  • 0.28 Acre Lot
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 3,200-3,399 Sq Ft Home
  • 3,223 Sq Ft Home
  • 2-Story Property
  • Built-in Bookshelves
  • Vaulted Ceiling
  • 2 Fireplaces
  • Two Story Entrance Foyer
  • Great Room
  • Dining Room
  • Den
  • Bonus Room
  • Eat-In Kitchen
  • Laundry Room

Flooring

  • Wood
  • Wall to Wall Carpet
  • Concrete

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Primary Bathroom is a Full Bathroom
  • Double Vanity
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Parking

  • 2 Car Attached Garage
  • Side Facing Garage

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • Ph 2 Pt Area B Riverwood Farms Pd Subdivision
  • Mandatory Home Owners Association
  • The community has rules related to allowing corporate owners

Listing and Financial Details

  • Assessor Parcel Number D0214U B00054

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,565

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 793E
  • MAAR Subdivision Name: RIVERWOOD FARMS PH2 AREA B
  • Corporate Own: Yes
  • Number Of Stories: 2
  • Price Per Sq Ft: 58.02
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3223
  • Year Built: 2002
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 1 1/2 Bath, Laundry Room
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 4th or More Bedrooms, 1 Bath, Bonus Room
  • Additional Bedroom Bathroom Info: Primary Down, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 3200-3399
  • Bedrooms: 4
  • Bedrooms Down: 1
  • Floors/Ceilings: Wall to Wall Carpet, Part Hardwood, Concrete Floor, Two Story Foyer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Dining Room, Great Room, Eat-In Kitchen, Pantry
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Room, Bonus Room
  • Total Bathrooms: 2.1
  • P R I M A R Y B E D R O O M: Level 1, Full Bath, Fireplace, Sitting Area, Built-In Cabinets/Bkcases, Vaulted/Coffered Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Side-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 54
  • Acreage: 0.28
  • Lot Size: 12516 SF 30.07 X 129.68

Multi Family

  • Number Of Rooms: 9

Tax Info

  • Assessor Parcel Number: D0214U B00054

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2012
Closed on
Jan 9, 2013
Sold by
Goshen Mortgage Reo Llc
Bought by
Scott Wesley and Scott Stephanie
Seller's Agent
Phillip Kemp
Reed & Associates of Tenn, LLC
Buyer's Agent
Ric Bowman
Weichert, REALTORS-BenchMark
List Price
$199,900
Sold Price
$187,000
Premium/Discount to List
-$12,900
-6.45%
Total Days on Market
67
Current Estimated Value
$417,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,506
Avg. Annual Appreciation
6.73%
Original Mortgage
$183,612
Outstanding Balance
$129,205
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$288,301

Purchase Details

Closed on
Jun 29, 2012
Sold by
Shaw Carlos and Shaw Tracy
Bought by
Goshen Mortgage Reo Llc

Purchase Details

Closed on
Jun 6, 2005
Sold by
Rokas W N and Rokas Scottie Ann
Bought by
Shaw Carlos and Shaw Tracy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,800
Interest Rate
5.66%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 1, 2002
Sold by
Thompson & Russell Builders Llc
Bought by
Rokas W N and Rokas Scottie Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,662
Interest Rate
7.16%

Range of Values:

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Average Value
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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
Scott Wesley $187,000 None Available
Goshen Mortgage Reo Llc $190,000 None Available
Shaw Carlos $309,000 Realty Title
Rokas W N $294,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scott Wesley $183,612
Previous Owner Shaw Carlos $61,800
Previous Owner Shaw Carlos $247,200
Previous Owner Rokas William N $277,000
Previous Owner Rokas William Nicholas $13,000
Previous Owner Rokas W N $264,662
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2013 01/31/13 Sold $187,000 -6.5% $58 / Sq Ft
12/10/2012 12/10/12 Pending -- -- --
10/04/2012 10/04/12 For Sale $199,900 -- $62 / 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
2024 $2,565 $75,675 $16,600 $59,075
2023 $2,565 $75,675 $16,600 $59,075
2022 $2,565 $75,675 $16,600 $59,075
2021 $2,611 $75,675 $16,600 $59,075
2020 $2,364 $58,375 $16,600 $41,775
2019 $2,364 $58,375 $16,600 $41,775
2018 $2,364 $58,375 $16,600 $41,775
2017 $2,399 $58,375 $16,600 $41,775
2016 $2,324 $53,175 $0 $0
2014 $2,324 $53,175 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Phillip Kemp

    Seller's Agent in 2013

    Phillip Kemp

    Reed & Associates of Tenn, LLC

    (901) 461-4662

    8 in this area

    61 Total Sales

    Phillip Kemp
    Section Image

  • B

    Seller Co-Listing Agent in 2013

    Benjamin Reed

    Reed & Associates of Tenn, LLC

    (901) 870-2966

    8 in this area

    69 Total Sales

    Benjamin Reed
    Section Image
  • Ric Bowman

    Buyer's Agent in 2013

    Ric Bowman

    Weichert, REALTORS-BenchMark

    (901) 493-2309

    7 in this area

    88 Total Sales

    Ric Bowman
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3257445

Memphis Area Association of REALTORS®

APN: D0-214U-B0-0054

Tennessee Shelby County Cordova 38016

8948 River Sound Dr, Cordova, TN

Homes for Sale in Cordova, TN

This home is located at 8948 River Sound Dr, Cordova, TN 38016 since 04 October 2012 and is currently estimated at $417,506, approximately $122 per square foot. This property was built in 2002. 8948 River Sound Dr is a home located in Shelby County with nearby schools including Riverwood Elementary School, Mt. Pisgah Middle School, and Germantown High School.

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