Check Availability

1578 Far Drive

1578 Far Drive, Cordova, TN 38016
Sold Jun 29, 2020
$148,000
Sold Sep 29, 2006
$139,740
$104,800 by Shearson Mortgage
Mortgage Due Sep 01, 2036
1578 Far Drive in Cordova, TN was first built in 2003 and is 21 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a traditional style. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1578 Far Drive has 1,417 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,200. In total, the area measurement of the land is 6,000 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. For those who need parking, there is a attached garage. The garage is 420 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick veneer. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 1578 Far Drive sold most recently in Jun 19, 2020 for a total of $148,000. If you work out the math, that's approximately a cost of $80.57 per sqft. Before that, the property was also sold for $139,740 in Aug 21, 2006. 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 $1,525 in taxes each year. 1578 Far Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $44,975. If we break it down further, the land itself was valued at $9,100. Improvements to the property, however, were assessed at a total of $35,875. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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

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

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 420
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,837
  • Gross Building Area: 1,837
  • Building Area: 1,417
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,417
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LEE LINE FARMS PD PH 5 PT AREA A& B
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SS FAR DR SEE MAP D2-9BC (TILE# 348)

Ownership

  • Current Owner : COMPASS POINTE PROPERTIES LLC
  • Previous Owner : LIU RICHARD
  • Owner Before Previous Owner: WORTMAN STACI JONES
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 021022

Zoning

  • Zoning: CA

Geography

  • Assessors Map Reference: MB 205-008
  • District: S
  • Parcel: D0-209B-C0-0005
  • Lot: 274
  • Municipality: SHELBY COUNTY
  • Latitude: 35.168
  • Longitude: -89.7331

    Address

  • Full Address: 1578 Far Dr
  • Address - House Number: 1578
  • Address - Street Name: Far
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Cordova
  • Carrier Code: R056
  • 4-Digit Zip Code: 1643
  • Zip Code: 38016

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,525

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 436,398
  • High Value: 634,875
  • Low Value: 237,920

    Market Valuation

  • Market Total Value: $179,900
  • Market Land Value: $36,400
  • Market Improvement Value: $143,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $44,975
  • Assessed Land Value: $9,100
  • Assessed Improvements Value: $35,875

    Sales

  • Current Sale Contract Date: Jun 19, 2020
  • Current Sale Recording Date: Jun 29, 2020
  • Current Sale Transaction ID: 11769927472
  • Current Sale Price: $148,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20066320
  • Previous Sale Recording Date: Sep 29, 2006
  • Previous Sale Contract Date: Aug 21, 2006
  • Previous Sale Amount: $139,740
  • Previous Sale Document Type: Re-recorded Document

    Last Sale Mortgage

  • First Mortgage Lender: COMMUNITY BANK OF MISSISSIPPI
  • First Mortgage Transaction Date: Jun 29, 2020
  • First Mortgage Loan Amount: $154,015
  • First Mortgage Terms: 47
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Jun 15, 2024

    Previous Mortgages

  • Previous Mortgage Lender: SHEARSON MORTGAGE
  • Previous Mortgage Transaction Date: Sep 29, 2006
  • Previous Mortgage Loan Amount: $104,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Sep 01, 2036

About Cumberland Farms



Similar Buildings

House at 1578 Far Drive,

10127 Macon Road

  • 1 Unit for Sale
10127 Macon Road, Cordova, TN 38016
House at 1578 Far Drive,

10135 Macon Road

  • 1 Unit for Sale
10135 Macon Road, Cordova, TN 38016
House at 1578 Far Drive,

1698 North Pisgah Road

  • 1 Unit for Sale
1698 North Pisgah Road, Cordova, TN 38016
House at 1578 Far Drive,

9479 Cordova Park Road

  • 1 Unit for Sale
9479 Cordova Park Road, Cordova, TN 38018
House at 1578 Far Drive,

9772 Woodland Spruce Drive

  • 1 Unit for Sale
9772 Woodland Spruce Drive, Cordova, TN 38018

Nearby Rentals

Unit for rent at 1507 Pemberton, Cordova, TN, 38016

$1,650 /mo

  • 3 Beds
  • 2 Baths
1507 Pemberton, Cordova, TN, 38016 Listing by Nickie Langley-Permenter
Unit for rent at 10057 Branley Oak Dr, Cordova, TN, 38016

$1,650 /mo

  • 3 Beds
  • 2 Baths
  • 2,024 ft²
10057 Branley Oak Dr #10057 Branley Oak Dr, Cordova, TN, 38016 Listing by Manager

Frequently Asked Questions

What neighborhood is 1578 Far Drive located in?
The 1578 Far Drive is a house located in the neighborhood of Cumberland Farms in Cumberland Farms, Cordova.
What is the average sales price for listings in 1578 Far Drive?
The average sales price for units in 1578 Far Drive is $155,000 currently.

Quantcast