NOT LISTED FOR SALE

8960 Lake Springs Cove Cordova, TN 38016

Estimated Value: $158,000 - $228,445

3 Beds
2 Baths
1,444 Sq Ft
$144/Sq Ft Est. Value

About This Home

This home is located at 8960 Lake Springs Cove, Cordova, TN 38016 and is currently estimated at $208,611, approximately $144 per square foot. 8960 Lake Springs Cove is a home located in Shelby County with nearby schools including Chimneyrock Elementary School, Cordova High School, and Kate Bond Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2020
Sold by
Marvin S Garden Llc
Bought by
Cotton Nicholas and Cotton Cheryl
Current Estimated Value
$208,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,564,125
Outstanding Balance
$1,286,655
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$1,078,044

Purchase Details

Closed on
Sep 22, 2020
Sold by
Anderson William T
Bought by
Marvin S Garden Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,564,125
Outstanding Balance
$1,286,655
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$1,078,044

Purchase Details

Closed on
May 19, 2010
Sold by
Us Bank National Association
Bought by
Anderson William T

Purchase Details

Closed on
Jan 7, 2010
Sold by
Rosser Barbara and Rispress Rudolph
Bought by
Us Bank National Association

Purchase Details

Closed on
Oct 13, 2007
Sold by
Rispress Rudolph
Bought by
Rosser Barbara Ann

Purchase Details

Closed on
Sep 14, 2006
Sold by
Colling Richard M and Colling Aimee R
Bought by
Rosser Barbara Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
6.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 28, 1999
Sold by
Aycock Sandra M
Bought by
Colling Richard M and Colling Aimee R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,391
Interest Rate
6.94%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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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
Cotton Nicholas $1,490,500 Saddle Creek Title Llc
Marvin S Garden Llc $110,000 Saddle Creek Title Llc
Anderson William T $77,000 Resource Title Agency Inc
Us Bank National Association $113,000 None Available
Rosser Barbara Ann -- Executive Title & Closing In
Rosser Barbara Ann $128,000 None Available
Colling Richard M $121,900 West Tn Title Insurance Agen
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cotton Family Trust $923,000
Open Cotton Nicholas $1,564,125
Previous Owner Rosser Barbara Ann $128,000
Previous Owner Colling Richard M $116,330
Previous Owner Colling Richard M $15,000
Previous Owner Colling Richard M $121,391
Previous Owner Aycock Sandra $99,304
Source: Public Records

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 $1,364 $61,325 $12,000 $49,325
2024 $1,364 $40,225 $6,875 $33,350
2023 $2,450 $40,225 $6,875 $33,350
2022 $2,450 $40,225 $6,875 $33,350
2021 $1,388 $40,225 $6,875 $33,350
2020 $942 $29,475 $6,875 $22,600
2019 $942 $29,475 $6,875 $22,600
2018 $942 $29,475 $6,875 $22,600
2017 $964 $29,475 $6,875 $22,600
2016 $1,026 $23,475 $0 $0
2014 $1,026 $23,475 $0 $0
Source: Public Records

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