NOT LISTED FOR SALE

8991 Summer Grove Cove Cordova, TN 38018

Estimated Value: $401,893 - $413,000

4 Beds
3.5 Baths
2,800-2,999 Sq Ft
$136/Sq Ft Est. Value

Last Sold November 24, 2020

Last sale price $327,000 $109 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,384/month

116 Days on Market

Highlights

  • 0.51 Acre Lot
  • Wood Flooring
  • Whirlpool Bathtub
  • French Architecture
  • Main Floor Primary Bedroom
  • Great Room

About This Home

As of November 2020

CONTRACT FAILED! LISTED 5K UNDER APPRAISAL Approx 3,200 ft, 5 BR 3.5 BA on just over a half acre. Beautiful hardwoods Spacious GR w/ gas FP, built ins large fenced back yard w/patio and stone wall flat stone creek. Roomy downstairs primary bedroom w/trey ceilings and beautiful bath, wet bar, sep laundry and spacious kit w/breakfast nook. Too many features to list! Can close quick FHA appraisal has been done.

Last Agent to Sell the Property

Rick Baer

Rick Baer Realty License #216050 Listed on: 07/17/2020

Co-Listed By

Cindy Ann Ward

Blackstone Realty License #351469

Last Buyer's Agent

Michael Jacques

Reid, REALTORS License #320076

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,597

Year Built

  • Built in 1994

Lot Details

  • 0.51 Acre Lot
  • Landscaped
  • Few Trees

Home Design

  • French Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,800-2,999 Sq Ft Home
  • 2,940 Sq Ft Home
  • 1.5-Story Property
  • Wet Bar
  • Ceiling height of 9 feet or more
  • Factory Built Fireplace
  • Some Wood Windows
  • Window Treatments
  • Entrance Foyer
  • Great Room
  • Breakfast Room
  • Dining Room
  • Den with Fireplace
  • Play Room
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Remodeled Bathroom
  • Double Vanity
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

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

Outdoor Features

  • Cove
  • Patio

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Grove Of Riveredge Ph1 Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 091116 00306

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,597

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: French
  • Detached Unit Type: General Residential
  • MLS Map #: 797C
  • MAAR Subdivision Name: GROVE OF RIVEREDGE PH1
  • List Price Per Sq Ft: 112
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 111.22
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2940
  • Year Built: 1994
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Master Bedroom, 2nd Bedroom, 2 or More Baths, Laundry Room, Breakfast Room
  • Second Story Floor Plan: 3rd Bedroom, 4th or More Bedrooms, 1 Bath, Play Room/Rec Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Master Down, Renovated Bathroom, Luxury Master Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Full Bath Down
  • Estimated Heated Sq Ft Range: 2800-2999
  • Bedroom 2 Description: Level 1, Hardwood Floor
  • Bedroom 3 Description: Level 2, Carpet
  • Bedroom 4 Description: Level 2, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 2
  • Fireplace: Prefabricated, In Den/Great Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, 9 or more Ft. Ceiling
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Continuous Cleaning Oven, Cooktop, Disposal, Dishwasher, Microwave, Washer, Dryer
  • Living Dining Kitchen: Separate Dining Room, Great Room, Eat-In Kitchen, Separate Breakfast Room, Pantry, Island In Kitchen
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Vaulted/Coffered Ceiling, Tile Floor
  • Master Bedroom: Level 1, Walk-In Closet, Full Bath, Hardwood Floor
  • Master Bedroom Dimensions: 17x15
  • Misc Interior: All Window Treatments, Wet Bar, Walk-In Closet(s), Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Entry Hall
  • Total Bathrooms: 3.1

Exterior Features

  • Misc Exterior: Patio, Well Landscaped Grounds
  • Exterior Windows: Brick Veneer, Wood/Composition, Wood 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: Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Central, Dual System
  • Heating: Central, Gas, Dual System
  • Security: Dead Bolt Lock(s)
  • Water Sewer: Gas Water Heater, 2+ Water Heaters

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Cove, Landscaped
  • Lot Number: 30
  • Acreage: 0.51
  • Lot Size: 22305
  • Price Per Acre: 646863

Multi Family

  • Number Of Rooms: 10

Tax Info

  • Assessor Parcel Number: 091116 00306

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2020
Closed on
Nov 24, 2020
Sold by
Schafer Johnny M and Schafer Deborah E
Bought by
Williams Reginald R
Seller's Agent
Rick Baer
Rick Baer Realty
Buyer's Agent
Michael Jacques
Reid, REALTORS
List Price
$329,900
Sold Price
$327,000
Premium/Discount to List
-$2,900
-0.88%
Total Days on Market
116
Current Estimated Value
$408,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,473
Avg. Annual Appreciation
5.04%
Original Mortgage
$310,650
Outstanding Balance
$278,945
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$129,528

Purchase Details

Listed on
Jul 17, 2020
Closed on
Nov 22, 2020
Sold by
Schafer Johnny M and Schafer Deborah E
Bought by
Williams Reginald K
Seller's Agent
Rick Baer
Rick Baer Realty
Buyer's Agent
Michael Jacques
Reid, REALTORS
List Price
$329,900
Sold Price
$327,000
Premium/Discount to List
-$2,900
-0.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,650
Outstanding Balance
$278,945
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$129,528

Purchase Details

Closed on
Jul 14, 2005
Sold by
Lansky Scot A and Lansky Barbara B
Bought by
Schafer Johnny M and Schafer Deborah E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,182
Interest Rate
5.59%
Mortgage Type
VA
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
Williams Reginald R $327,000 None Listed On Document
Williams Reginald K $327,000 Close Trak Closing & Ttl Svc
Schafer Johnny M $272,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Reginald R $310,650
Closed Williams Reginald K $310,650
Previous Owner Schafer Johnny M $281,182
Previous Owner Lansky Scot A $155,000
Previous Owner Lansky Scot A $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2020 11/24/20 Sold $327,000 -0.9% $117 / Sq Ft
11/10/2020 11/10/20 Pending -- -- --
11/02/2020 11/02/20 For Sale $329,900 0.0% $118 / Sq Ft
10/06/2020 10/06/20 Pending -- -- --
08/30/2020 08/30/20 Price Changed $329,900 +1.5% $118 / Sq Ft
08/28/2020 08/28/20 Price Changed $324,900 +1.5% $116 / Sq Ft
07/17/2020 07/17/20 For Sale $320,000 -- $114 / 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 $2,597 $102,250 $19,750 $82,500
2024 $2,597 $76,600 $16,450 $60,150
2023 $2,597 $76,600 $16,450 $60,150
2022 $2,597 $76,600 $16,450 $60,150
2021 $2,643 $76,600 $16,450 $60,150
Source: Public Records

Agents Affiliated with this Home

  • Rick Baer

    Seller's Agent in 2020

    Rick Baer

    Rick Baer Realty

    (901) 461-8791

    4 in this area

    98 Total Sales

    Rick Baer
    Section Image

  • C

    Seller Co-Listing Agent in 2020

    Cindy Ann Ward

    Blackstone Realty

    (901) 651-6006

    Section Image
  • Michael Jacques

    Buyer's Agent in 2020

    Michael Jacques

    Reid, REALTORS

    (901) 246-8916

    19 in this area

    180 Total Sales

    Michael Jacques
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10080901

Memphis Area Association of REALTORS®

APN: D0-220U-A0-0076

Tennessee Shelby County Cordova 38018

8991 Summer Grove Cove, Cordova, TN

This home is located at 8991 Summer Grove Cove, Cordova, TN 38018 since 17 July 2020 and is currently estimated at $408,473, approximately $136 per square foot. This property was built in 1994. 8991 Summer 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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