NOT LISTED FOR SALE

8990 Summer Grove Cove Cordova, TN 38018

Estimated Value: $422,785 - $489,000

4 Beds
2.5 Baths
3,600-3,799 Sq Ft
$120/Sq Ft Est. Value

Last Sold September 28, 2018

Last sale price $309,000 $81 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,802/month

125 Days on Market

Highlights

  • All Bedrooms Downstairs
  • 0.47 Acre Lot
  • Vaulted Ceiling
  • Updated Kitchen
  • Deck
  • Traditional Architecture

About This Home

As of September 2018

SELLER WILL PAY UP TO $5000 TOWARDS BUYERS CLOSING COSTS!! Dramatic Price Reduction!! New granite tops in Kitchen and desk top and cabinets are freshly painted. New 16x29 deck. Exterior freshly painted and some interior rooms have been painted. Large den w/FP and stained concrete floors. Large master bedroom with 3 walk-in closets. Home has 9' ceilings thru out with 2 story ceiling in Den. Foyer, Lr, Dr, Kitchen, Den and Sun Room have decorative ceiling crown moldings.

Last Agent to Sell the Property

Jim Forsythe

eXp Realty, LLC License #51289 Listed on: 04/11/2018

eXp Realty, LLC

Last Buyer's Agent

Jim Hood

REMAX Experts License #317428

REMAX Experts

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,804

Year Built

  • Built in 1989

Lot Details

  • 0.47 Acre Lot
  • Wood Fence
  • Landscaped
  • Level Lot
  • Few Trees

HOA Fees

  • $18 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 3,600-3,799 Sq Ft Home
  • 3,700 Sq Ft Home
  • 1.2-Story Property
  • Wet Bar
  • Smooth Ceilings
  • Vaulted Ceiling
  • Skylights
  • Fireplace Features Masonry
  • Double Pane Windows
  • Window Treatments
  • Entrance Foyer
  • Great Room
  • Separate Formal Living Room
  • Dining Room
  • Den with Fireplace
  • Bonus Room
  • Sun or Florida Room
  • Storage Room
  • Laundry Room
  • Attic Access Panel

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Self-Cleaning Oven
  • Cooktop
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • All Bedrooms Down
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Home Security

  • Burglar Security System
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Cove
  • Deck

Utilities

  • Two cooling system units
  • Central Air
  • Two Heating Systems
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 091116 00294

Community Details

Overview

  • The Grove Of Riveredge Phase I Subdivision
  • Mandatory home owners association

Security

  • Building Fire Alarm

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,804

Year Built

Built in 1989

Lot Details

0

HOA Fees

$18 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Summer Grove Rd
  • MLS Map #: 797C
  • MAAR Subdivision Name: GROVE OF RIVEREDGE PH1
  • List Price Per Sq Ft: 84
  • Number Of Stories: 1.2
  • Price Per Sq Ft: 83.51
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3700
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1/2 Bath, 2 or More Baths, Laundry Room, Sun Room
  • Second Story Floor Plan: Bonus Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Vaulted/Coffered Primary, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 3600-3799
  • Bedroom 2 Description: Level 1, Walk-In Closet, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 1, Walk-In Closet, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 4
  • Bedrooms Down: 3
  • Fireplace: Masonry, In Den/Great Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Self Cleaning Oven, Double Oven, Cooktop, Disposal, Dishwasher, Trash Compactor, Cable Wired, Cable Available
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Great Room, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Pantry, Island In Kitchen
  • Misc Interior: All Window Treatments, Wet Bar, Walk-In Closet(s), Attic Access, Walk-In Attic, Rear Stairs to Playroom, Sky Light(s), Security System, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Sun Room, Bonus Room, Entry Hall, Attic, Storage Room
  • Total Bathrooms: 2.1
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Vaulted/Coffered Ceiling, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Deck
  • Exterior Windows: Brick Veneer, Double Pane Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Driveway/Pad, Storage Room(s), Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Central, Dual System
  • Heating: Gas, Dual System
  • Security: Burglar Alarm, Fire Alarm, Smoke Detector(s), Dead Bolt Lock(s)
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 210
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Level, Cove, Landscaped, Wood Fenced
  • Lot Number: 41
  • Acreage: 0.47
  • Lot Size: 20642SF108.02/105.01X209.98/182.88
  • Price Per Acre: 659362

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 091116 00294

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2018
Closed on
Sep 28, 2018
Sold by
Smith Terrilyn L
Bought by
Frost Varonda E and Frost Arthur S
Seller's Agent
Jim Forsythe
eXp Realty, LLC
Buyer's Agent
Jim Hood
REMAX Experts
List Price
$335,000
Sold Price
$309,000
Premium/Discount to List
-$26,000
-7.76%
Total Days on Market
125
Current Estimated Value
$455,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,696
Avg. Annual Appreciation
6.00%
Original Mortgage
$299,653
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 29, 2003
Sold by
Allen Michael D and Allen Susanne R
Bought by
Smith Antonio A and Smith Terrilyn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,200
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 16, 1998
Sold by
Poppa Jean E
Bought by
Allen Michael D and Allen Susanne R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,000
Interest Rate
6.47%
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
Frost Varonda E $309,000 Edco Title & Closing Svcs In
Smith Antonio A $269,000 Realty Title & Escrow Co Inc
Allen Michael D $263,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frost Arthur S $293,381
Closed Frost Arthur $293,381
Closed Frost Varonda E $299,653
Previous Owner Smith Antonio A $215,200
Previous Owner Allen Michael D $193,000
Previous Owner Poppa Jean E $70,000
Closed Smith Antonio A $53,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2018 09/28/18 Sold $309,000 -0.3% $86 / Sq Ft
08/14/2018 08/14/18 Pending -- -- --
07/30/2018 07/30/18 Price Changed $309,900 0.0% $86 / Sq Ft
07/11/2018 07/11/18 Price Changed $310,000 -4.0% $86 / Sq Ft
06/14/2018 06/14/18 Price Changed $322,900 -3.6% $90 / Sq Ft
04/11/2018 04/11/18 For Sale $335,000 -- $93 / 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 $2,804 $111,450 $19,750 $91,700
2024 $2,804 $82,725 $16,450 $66,275
2023 $2,804 $82,725 $16,450 $66,275
2022 $2,804 $82,725 $16,450 $66,275
2021 $2,854 $82,725 $16,450 $66,275
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10024507

Memphis Area Association of REALTORS®

APN: D0-220U-A0-0087