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Shelby 38018 Concerned Citizens of Walnut Grove
225 EAGLE SPRING CV
Photo of 225 EAGLE SPRING CV
Sold on Jul 7, 2022

23

Map

Photo of 225 EAGLE SPRING CV
Photo of 225 EAGLE SPRING CV
$650,000
● House - Off Market

225 EAGLE SPRING CV

Cordova, TN 38018
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
4,793 Ft²
$654,774
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Step out of the ordinary and call this home! This unique & spacious log home is like the Catskills, but in Memphis! Lovingly maintained, this 5 bedroom, 3 1/2 bath beauty is situated on 4 of the prettiest acres you'll ever see! IF you like privacy but with all the conveniences, look no further! 3 bedrooms down, new roof in '18, chimney regrouted in '18, new H2O htr in '19, house and exterior decks re-stained in '20, oversized garage, expansive backyard covered deck, NO CITY TAXES!!!
Unit Size
4,793 Ft²
Days on Market
-
Land Size
3.70 acres
Price per sqft
$134
Property Type
House
Property Taxes
$56
HOA Dues
-
Year Built
1986

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 months ago (Realtracs #RTC3502475)

Price History

Date / Event Date Event Price
Jul 7, 2022 Sold
Premium
Sold
Jun 6, 2022 Listed by Crye-Leike Realtors $640,000
Listed by Crye-Leike Realtors

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 9
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 462
  • Parking Space Count: 0
  • Patio Type: 12
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 161,172
  • Lot Size Depth Feet: 2,220
  • Lot Size Frontage Feet: 5,060
  • Total Building Area: 4,793
  • Gross Building Area: 4,793
  • Building Area: 4,793
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 4,793
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIVEREDGE ESTATES OUT PARCEL
  • Land Acres: 0000003700
  • Standard Land Use Code: 1001
  • County Land Use Code: 062
  • Legal Description 1: NORTH END EAGLE SPRINGS CV TO ES BAZEMORE RD

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 021139

Zoning

  • Zoning: CA

Geography

  • Assessors Map Reference: MB 91-42
  • District: S
  • Parcel: D0-221P-A0-0044
  • Lot: 2
  • Municipality: SHELBY COUNTY
  • Latitude: 35.1183
  • Longitude: -89.7597

    Address

  • Full Address: 225 Eagle Spring Cv
  • Address - House Number: 225
  • Address - Street Name: Eagle Spring
  • Address - Suffix Type: Cv
  • State: TN
  • City Name: Cordova
  • Carrier Code: R019
  • 4-Digit Zip Code: 7736
  • Zip Code: 38018

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $374,680

    Appraisal Valuation

  • Standard Deviation: 0.1945
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 595,926
  • High Value: 711,857
  • Low Value: 479,994

    Market Valuation

  • Market Total Value: $442,100
  • Market Land Value: $200,900
  • Market Improvement Value: $241,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $110,525
  • Assessed Land Value: $50,225
  • Assessed Improvements Value: $60,300

    Sales

  • Current Sale Contract Date: Jul 07, 2022
  • Current Sale Recording Date: Jul 12, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 76915
  • Previous Sale Recording Date: Jun 26, 2017
  • Previous Sale Contract Date: Jun 23, 2017
  • Previous Sale Amount: $299,500
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Concerned Citizens of Walnut Grove

Stats & Trends

Median Asking:

$0

Sale Price/ft²

$0

Above Asking

0.00%

Average Days on Market

0

Average Home Size

3163 ft²

Average Home Age

1 years

Currently For Sale

1 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Realtracs

Listed by: Mary Jeffrey, Crye-Leike Realtors
Last Updated: 3 months ago
Data Source: Realtracs, MLS# RTC3502475
All information should be verified by the recipient and none is guaranteed as accurate by Realtracs.
Brokerage email: [email protected]

Frequently Asked Questions

When was property at 225 Eagle Spring Cove built and last sold?
The property at 225 Eagle Spring Cove was built in 1986 and last sold on Jul 7, 2022 for $650,000.
How much is this home worth?
The estimated value of the home located at 225 Eagle Spring Cove is $647,603.
What are some comparable homes to 225 Eagle Spring Cove?
There are currently no comparable homes to 225 Eagle Spring Cove.
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