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1548 Wood Farms Drive

1548 Wood Farms Drive, Cordova, TN 38016
House in Shelby
Sold Jan 02, 2020
$250,000
$258,250 by Wells Fargo Bank Na
Mortgage Due Jan 01, 2050
Sold Oct 05, 2010
Transfer
$219,448 by Regions Mortgage
Mortgage Due Oct 01, 2040
Local assessors in Cordova, TN have categorized 1548 Wood Farms Drive as a residential type of property. The home was built in 1989 and is 35 years old. The property's lot size has been calculated to be 12,647 square feet. The linear feet between the front and back of the lot was measured at 1,500 ft and the front of the lot was measured at 800 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1548 Wood Farms Drive has a total of 4,071 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 483 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a hip style roof that was made of composition shingle. Lots of brick veneer were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1548 Wood Farms Drive sold most recently in Dec 31, 2019 for a total of $250,000. If you work out the math, that's approximately a cost of $54.90 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,043 in taxes each year. 1548 Wood Farms Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $66,375. If we break it down further, the land itself was valued at $12,650. Improvements to the property, however, were assessed at a total of $53,725. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Attached Garage
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 483
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,647
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 800
  • Total Building Area: 4,554
  • Gross Building Area: 4,794
  • Building Area: 4,071
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,071
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIVERWOOD FARMS PHASE 2
  • Land Acres: 0.29
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ES WOOD FARMS DR ES WOOD FARMS DR

Ownership

  • Current Owner : THOMAS TERENCE FRANK
  • Current Owner 2: THOMAS KISHUA YVETTE
  • Previous Owner : ROGERS DONALD J
  • Previous Owner 2: ROGERS LYNETTE D
  • Owner Before Previous Owner: ROGERS LYNETTE D
  • Owner Before Previous Owner 2: ROGERS DONALD J
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: SR

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 021136

Zoning

  • Zoning: R-10

Geography

  • Assessors Map Reference: MB 106-33
  • District: O
  • Parcel: 09-6502-A0-0068
  • Lot: 68
  • Municipality: MEMPHIS
  • Latitude: 35.1676
  • Longitude: -89.7759

    Address

  • Full Address: 1548 Wood Farms Dr
  • Address - House Number: 1548
  • Address - Street Name: Wood Farms
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Cordova
  • Carrier Code: R017
  • 4-Digit Zip Code: 6146
  • Zip Code: 38016

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,043

    Appraisal Valuation

  • Standard Deviation: 0.212
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 368,120
  • High Value: 446,169
  • Low Value: 290,071

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $258,250
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jan 02, 2020
  • First Open Lien Mortgage Loan Amount: $258,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2050

    Market Valuation

  • Market Total Value: $265,500
  • Market Land Value: $50,600
  • Market Improvement Value: $214,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $66,375
  • Assessed Land Value: $12,650
  • Assessed Improvements Value: $53,725

    Sales

  • Current Sale Contract Date: Dec 31, 2019
  • Current Sale Recording Date: Jan 02, 2020
  • Current Sale Transaction ID: 11712415712
  • Current Sale Price: $250,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20000450
  • Previous Sale Recording Date: Oct 05, 2010
  • Previous Sale Contract Date: Sep 29, 2010
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jan 02, 2020
  • First Mortgage Loan Amount: $258,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jan 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: REGIONS MORTGAGE
  • Previous Mortgage Transaction Date: Oct 05, 2010
  • Previous Mortgage Loan Amount: $219,448
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Oct 01, 2040

About Memphis



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Nearby Rentals

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$2,100 /mo

  • 4 Beds
  • 2.5 Baths
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$2,030 /mo

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  • 1,400 ft²
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$1,970 /mo

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$1,840 /mo

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  • 1,200 ft²
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Unit for rent at

$1,940 /mo

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  • 1,400 ft²
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Unit for rent at

$1,955 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,772 ft²
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Unit for rent at

$1,895 /mo

  • 3 Beds
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  • 2,000 ft²
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Frequently Asked Questions

What neighborhood is 1548 Wood Farms Drive located in?
The 1548 Wood Farms Drive is a house located in the neighborhood of Shelby in Memphis, Cordova.
What is the average sales price for listings in 1548 Wood Farms Drive?
The average sales price for units in 1548 Wood Farms Drive is $259,900 currently.

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