NOT LISTED FOR SALE

8985 Morning Grove Cove Cordova, TN 38018

Estimated Value: $494,000 - $561,000

4 Beds
3.5 Baths
4,000-4,499 Sq Ft
$118/Sq Ft Est. Value

Last Sold June 25, 2012

Last sale price $258,000 $57 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $3,288/month

92 Days on Market

Highlights

  • Pool House
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Den with Fireplace
  • Wood Flooring
  • Whirlpool Bathtub

About This Home

As of June 2012

Four bedroom, 3.5 bath home in beautiful neighborhood with inground pool, pool house, 2 car garage, separate work out room with equipment, master downstairs with luxury bath, bonus room up, scored concrete and hardwood flooring.

Last Agent to Sell the Property

James Abell

REMAX Experts License #15398 Listed on: 02/02/2012

Last Buyer's Agent

Donna Strazi

KAIZEN Realty, LLC License #268072

KAIZEN Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,339

Year Built

  • Built in 1988

Lot Details

  • 0.39 Acre Lot
  • Wood Fence
  • Few Trees

HOA Fees

  • $17 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 4,000-4,499 Sq Ft Home
  • 4,386 Sq Ft Home
  • 1.5-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Fireplace Features Masonry
  • Some Wood Windows
  • Double Pane Windows
  • Two Story Entrance Foyer
  • Great Room
  • Breakfast Room
  • Den with Fireplace
  • 2 Fireplaces
  • Bonus Room
  • Permanent Attic Stairs
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Double Self-Cleaning Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • En-Suite Bathroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Double Vanity
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Circular Driveway

Pool

  • Pool House
  • In Ground Pool

Outdoor Features

  • Cove
  • Covered patio or porch

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Grove Of Riveredge Phase 4 Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number D0221Y B00015

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,339

Year Built

Built in 1988

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: SUMMER GROVE
  • MLS Map #: 797C
  • MAAR Subdivision Name: GROVE OF RIVEREDGE PH4
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 58.82
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 4386
  • Year Built: 1988
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: Primary Down, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 4000-4499
  • Bedroom 2 Description: Level 2, Walk-In Closet, Shared Bath
  • Bedroom 3 Description: Level 2, Walk-In Closet, Shared Bath
  • Bedroom 4 Description: Level 2, Walk-In Closet, Private Full Bath
  • Bedrooms: 4
  • Bedrooms Down: 2
  • Fireplace: Masonry, In Den/Great Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Concrete Floor, Smooth Ceiling, 9 or more Ft. Ceiling, Two Story Foyer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Self Cleaning Oven, Double Oven, Cooktop, Disposal, Dishwasher, Microwave
  • Living Dining Kitchen: Great Room, Eat-In Kitchen, Breakfast Bar, Separate Breakfast Room, Pantry, Island In Kitchen
  • Misc Interior: Walk-In Closet(s), Permanent Attic Stairs, Security System, Smoke Detector(s)
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Room, Bonus Room
  • Total Bathrooms: 3.1
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Tile Floor

Exterior Features

  • Misc Exterior: Patio, Covered Patio, Pool House
  • Exterior Windows: Brick Veneer, Wood Window(s), Double Pane Window(s)
  • Foundation: Slab
  • Pool Description: In Ground
  • Roof: Composition Shingles

Garage/Parking

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

Utilities

  • Cooling: Central, 3 or More Systems
  • Heating: Central, Gas, 3 or More Systems
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 200
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Cove, Wood Fenced
  • Lot Number: 82
  • Acreage: 0.39
  • Lot Size: 17082SF114.96/67.54+54.19X150.82/

Multi Family

  • Number Of Rooms: 10

Tax Info

  • Assessor Parcel Number: D0221Y B00015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2012
Closed on
Jul 12, 2012
Sold by
Jacox Kareem J and Jacox Almanda M
Bought by
Jacox Kareem J and Jacox Almanda M
Seller's Agent
James Abell
REMAX Experts
Buyer's Agent
Donna Strazi
KAIZEN Realty, LLC
List Price
$301,500
Sold Price
$258,000
Premium/Discount to List
-$43,500
-14.43%
Total Days on Market
92
Current Estimated Value
$533,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,033
Avg. Annual Appreciation
5.76%
Original Mortgage
$254,570
Outstanding Balance
$178,916
Interest Rate
3.83%
Mortgage Type
VA
Estimated Equity
$354,117

Purchase Details

Listed on
Feb 2, 2012
Closed on
Jun 26, 2012
Sold by
Fannie Mae
Bought by
Jacox Kareem J and Jacox Almanda M
Seller's Agent
James Abell
REMAX Experts
Buyer's Agent
Donna Strazi
KAIZEN Realty, LLC
List Price
$301,500
Sold Price
$258,000
Premium/Discount to List
-$43,500
-14.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,570
Outstanding Balance
$178,916
Interest Rate
3.83%
Mortgage Type
VA
Estimated Equity
$354,117

Purchase Details

Closed on
Nov 21, 2011
Sold by
Biggs Donald J and Biggs Chasity S
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 12, 2007
Sold by
Gruber Scott J and Gruber Sheliah B
Bought by
Biggs Donald J and Biggs Chasity Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage
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
Jacox Kareem J -- None Available
Jacox Kareem J $263,000 Multiple
Federal National Mortgage Association $339,736 None Available
Biggs Donald J $380,000 Edco Title & Closing Service
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacox Kareem J $254,570
Previous Owner Biggs Donald J $304,000
Previous Owner Biggs Donald J $76,000
Previous Owner Gruber Scott J $300,000
Previous Owner Gruber Scott J $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2012 06/25/12 Sold $258,000 -14.4% $65 / Sq Ft
05/04/2012 05/04/12 Pending -- -- --
02/02/2012 02/02/12 For Sale $301,500 -- $75 / 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 $3,339 $143,900 $19,750 $124,150
2024 $3,339 $98,500 $16,450 $82,050
2023 $3,339 $98,500 $16,450 $82,050
2022 $3,339 $98,500 $16,450 $82,050
2021 $3,398 $98,500 $16,450 $82,050
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    James Abell

    RE/MAX

    Section Image

  • D

    Buyer's Agent in 2012

    Donna Strazi

    KAIZEN Realty, LLC

    (901) 487-6593

    2 in this area

    27 Total Sales

    Donna Strazi
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3239953

Memphis Area Association of REALTORS®

APN: D0-220Y-B0-0048

Tennessee Shelby County Cordova 38018

8985 Morning Grove Cove, Cordova, TN

This home is located at 8985 Morning Grove Cove, Cordova, TN 38018 since 02 February 2012 and is currently estimated at $533,033, approximately $118 per square foot. This property was built in 1988. 8985 Morning Grove Cove is a home located in Shelby County with nearby schools including Cordova Elementary School, Germantown Middle School, and Germantown High School.

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