$385,000
SOLD JUN 28, 2012

9240 Riveredge Dr Cordova, TN 38018

5 Beds
4.5 Baths
6,000-6,999 Sq Ft
2.04 Acres

Recently Sold

$55 Per Sq Ft

28% Below List Price

443 Days on Market

Highlights

  • Detached Guest House
  • Garage Apartment
  • Landscaped Professionally
  • Second Kitchen
  • 2.04 Acre Lot
  • Fireplace in Primary Bedroom

About This Home

As of June 2012

REDUCED-OWNER SAYS BRING REASONABLE OFFERS! HOME ON 2 WOODED AC.GRANITE COUNTERS & ALL STAINLESS APPLIANCES,NEW A/C,WATER HEATERS,RAIN SHOWER.Ready for personal touches.GUEST HOUSE w/BASKETBALL CT & 2BR OVER 6000 SQ.FT LIVING IN BOTH.PARKING FOR 7/OR RV

Last Agent to Sell the Property

Jane Hubbard

Crye-Leike, Inc., REALTORS License #51823 Listed on: 03/23/2011

Crye-Leike, Inc., REALTORS

Co-Listed By

Milleigh Pearson

Crye-Leike, Inc., REALTORS License #204263

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Milleigh Pearson

Crye-Leike, Inc., REALTORS License #204263

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,218

Year Built

  • Built in 1985

Lot Details

  • 2.04 Acre Lot
  • Landscaped Professionally
  • Corner Lot
  • Few Trees

Home Design

  • Soft Contemporary Architecture
  • Composition Shingle Roof

Interior Spaces

  • 6,000-6,999 Sq Ft Home
  • 4,003 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Some Wood Windows
  • Entrance Foyer
  • Great Room
  • Den with Fireplace
  • 2 Fireplaces
  • Play Room
  • Screened Porch
  • Storage Room
  • Laundry Room

Kitchen

  • Second Kitchen
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall
  • Window or Skylight in Bathroom

Home Security

  • Monitored
  • Fire and Smoke Detector

Parking

  • 7 Car Attached Garage
  • Garage Apartment
  • Workshop in Garage
  • Side Facing Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Outdoor Storage

Additional Homes

  • Detached Guest House

Utilities

  • Multiple cooling system units
  • Two Heating Systems
  • Water Heater
  • Septic Tank

Community Details

  • Riveredge Estates Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number D0221P A00011

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,218

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Soft Contemporary
  • Detached Unit Type: General Residential
  • Cross Street: FORREST-HILL
  • MLS Map #: 797C
  • MAAR Subdivision Name: RIVEREDGE ESTATES
  • Number Of Stories: 2
  • Price Per Sq Ft: 96.18
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 4003
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 1 1/2 Bath, Laundry Room
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Play Room/Rec Room, Office
  • Additional Bedroom Bathroom Info: Primary Down, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Sky Light(s) in Bath
  • Estimated Heated Sq Ft Range: 6000 - 6999
  • Bedroom 2 Description: Level 2, Private Full Bath
  • Bedroom 3 Description: Level 2, Private Full Bath
  • Bedroom 4 Description: Level 2, Shared Bath
  • Bedroom 5 Description: Level 2, Shared Bath
  • Bedrooms: 5
  • Bedrooms Down: 1
  • Fireplace: In Den/Great Room, In Primary Bedroom, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Marble/Terrazzo
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Equipment: Gas Cooking, Disposal, Dishwasher, Microwave, Trash Compactor, Refrigerator
  • Living Dining Kitchen: Great Room, Pantry
  • Misc Interior: Rear Stairs to Playroom, Sky Light(s), Security System, Smoke Detector(s), Monitored Alarm
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Room, Play Room, Office/Sewing Room, Separate Guest House, 2nd Kitchen, Entry Hall
  • Total Bathrooms: 4.1
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Fireplace, Hardwood Floor

Exterior Features

  • Misc Exterior: Screen Porch, Deck, Garage Apartment, On-Site Storage
  • Exterior Windows: Wood/Composition
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 7
  • Parking Display: G7A
  • Parking Storage: More than 3 Coverd Spaces, Storage Room(s), Workshop(s), Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: 3 or More Systems
  • Heating: Dual System
  • Water Sewer: 2+ Water Heaters, Public Water, Septic Tank

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Corner, Professionally Landscaped
  • Lot Number: 12
  • Acreage: 2.04
  • Lot Size: 2.044AC 388.92/151.75X399.67/315.77

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: D0221P A00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2011
Closed on
Jun 28, 2012
Sold by
Jessen Larry Scott
Bought by
Despeaux Landon D and Despeaux Therese K
Seller's Agent
Jane Hubbard
Crye-Leike, Inc., REALTORS
Buyer's Agent
Milleigh Pearson
Crye-Leike, Inc., REALTORS
List Price
$535,000
Sold Price
$385,000
Premium/Discount to List
-$150,000
-28.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.90%
Original Mortgage
$290,000
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2003
Sold by
Second Presbyterian Church Realty Founda
Bought by
Jessen Larry Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 2003
Sold by
Amsouth Bank
Bought by
Second Presbyterian Church Realty Founda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 10, 2002
Sold by
Hawkins Luther B
Bought by
Hawkins Luther B and Luther B Hawkins Jr Trust
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 Type Sale Price Title Company
Warranty Deed $385,000 Saddle Creek Title
Special Warranty Deed $300,000 --
Quit Claim Deed -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 Credit Line Revolving
Open $350,000 New Conventional
Closed $350,000 New Conventional
Closed $100,000 Credit Line Revolving
Closed $51,000 Credit Line Revolving
Closed $290,000 New Conventional
Previous Owner $240,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2025 06/21/25 For Sale $895,000 +132.5% $128 / Sq Ft
06/28/2012 06/28/12 Sold $385,000 -28.0% $64 / Sq Ft
06/08/2012 06/08/12 Pending -- -- --
03/23/2011 03/23/11 For Sale $535,000 -- $89 / 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 $4,218 $158,025 $36,450 $121,575
2024 $4,218 $124,425 $36,450 $87,975
2023 $4,218 $124,425 $36,450 $87,975
2022 $4,218 $124,425 $36,450 $87,975
2021 $4,293 $124,425 $36,450 $87,975
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3220192

Memphis Area Association of REALTORS®

APN: D0-221P-A0-0054