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2240 Cordes Road

2240 Cordes Road, Germantown, TN 38139
Property in Shelby
Sold Aug 12, 2021
$395,000
$316,000 by Nationwide Mortgage Bankers In
Mortgage Due Sep 01, 2036
Sold Apr 11, 2008
$252,000
$239,400 by Suntrust Mortgage Inc
Mortgage Due Apr 01, 2038
Local assessors in Germantown, TN have categorized 2240 Cordes Road as a residential type of property. The home was built in 1976 and is 48 years old. The property's lot size has been calculated to be 15,141 square feet. The linear feet between the front and back of the lot was measured at 1,470 ft and the front of the lot was measured at 1,030 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial 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 3 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 2240 Cordes Road has a total of 3,065 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 carport for those who need a place to park their vehicle. The garage on the property is 440 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. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. 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 gable style roof that was made of composition shingle. Lots of a combination of material 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 and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2240 Cordes Road was last sold in Aug 9, 2021 for $395,000. According to our calculations, that's $128.87 per sqft. Prior to that sales transaction, the property was sold for $252,000 in Mar 27, 2008. Current property owners are expected to pay $4,081 in taxes per year. The property on 2240 Cordes Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $78,050. To break that down further, the land itself was valued at $13,400. While improvements to the property were assessed at a total of $64,650. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Colonial
  • Exterior Walls Type: Combination
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 15,141
  • Lot Size Depth Feet: 1,470
  • Lot Size Frontage Feet: 1,030
  • Total Building Area: 3,065
  • Gross Building Area: 3,065
  • Building Area: 3,065
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,065
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DOGWOOD TRAILS SEC A
  • Land Acres: 0.348
  • Standard Land Use Code: Single family residential
  • Legal Description 1: E S CORDES RD

Ownership

  • Current Owner : YANG CHING CHI
  • Current Owner 2: WU PEI CHEN
  • Previous Owner : SHARP ROBYN P
  • Previous Owner 2: SHARP STEVEN
  • Owner Before Previous Owner: THE BENJAMIN FRANKLIN TOOLE REVOCABLE TR
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Germantown Municipal School District
  • Census Tract: 021352

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: MB 56-14
  • District: G
  • Parcel: G0-231Q-B0-0071
  • Lot: 71
  • Municipality: GERMANTOWN
  • Latitude: 35.0879
  • Longitude: -89.7768

    Address

  • Full Address: 2240 Cordes Rd
  • Address - House Number: 2240
  • Address - Street Name: Cordes
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Germantown
  • Carrier Code: C020
  • 4-Digit Zip Code: 5219
  • Zip Code: 38139

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,081

    Appraisal Valuation

  • Standard Deviation: 0.2281
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 68
  • Final Value: 452,780
  • High Value: 556,080
  • Low Value: 349,479

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $316,000
  • First Open Lien Mortgage Lender: NATIONWIDE MORTGAGE BANKERS IN
  • First Open Lien Mortgage Recording Date: Aug 12, 2021
  • First Open Lien Mortgage Loan Amount: $316,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2036

    Market Valuation

  • Market Total Value: $312,200
  • Market Land Value: $53,600
  • Market Improvement Value: $258,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $78,050
  • Assessed Land Value: $13,400
  • Assessed Improvements Value: $64,650

    Sales

  • Current Sale Contract Date: Aug 09, 2021
  • Current Sale Recording Date: Aug 12, 2021
  • Current Sale Transaction ID: 11846763751
  • Current Sale Price: $395,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21099848
  • Previous Sale Recording Date: Apr 11, 2008
  • Previous Sale Contract Date: Mar 27, 2008
  • Previous Sale Amount: $252,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NATIONWIDE MORTGAGE BANKERS IN
  • First Mortgage Transaction Date: Aug 12, 2021
  • First Mortgage Loan Amount: $316,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2036

    Previous Mortgages

  • Previous Mortgage Lender: SUNTRUST MORTGAGE INC
  • Previous Mortgage Transaction Date: Apr 11, 2008
  • Previous Mortgage Loan Amount: $239,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Apr 01, 2038

About Germantown



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1983 Kimbrough Road #3 #1983 Kimbrough Road #3, Germantown, TN, 38138 Listing by Manager

Frequently Asked Questions

What neighborhood is 2240 Cordes Road located in?
The 2240 Cordes Road is a located in the neighborhood of Shelby in Germantown, Germantown.
What is the average sales price for listings in 2240 Cordes Road?
The average sales price for units in 2240 Cordes Road is $0 currently.

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