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3077 Chapel Woods Cove

3077 Chapel Woods Cove, Germantown, TN 38139
House in Shelby
Sold Jun 11, 2023
$1,720,000
$1,204,000 by Cadence Bank, N.a.
Mortgage Due Jun 05, 2053
Sold Dec 21, 2021
$275,000
This has been categorized as a residential property type. In total, the area measurement of the land is 17,924 square feet.

Learn more about the property and building on this page. The property was last sold in May 18, 2023 for $1,720,000. Prior to that sales transaction, the property was also sold in Dec 14, 2021 for $275,000. 3077 Chapel Woods Cove was last assessed in 2022. The total value of the property was assessed at $58,800. Specifically, the land the property is located on was valued at $58,800. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $10,770. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

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

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 17,924
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHAPEL COVE PHASE 2
  • Land Acres: 0.412
  • Standard Land Use Code: Planned unit development (pud residential)
  • Legal Description 1: WS CHAPEL WOODS COVE SEE MAP 176I

Ownership

  • Current Owner : BURFORD CHARLES R
  • Current Owner 2: BURFORD RACHEL G
  • Previous Owner : INGLEWOOD HOMES LLC
  • Owner Before Previous Owner: RKA CONSTRUCTION LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 021356

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: MB 282-056
  • District: G
  • Parcel: G0-232I-D0-0005
  • Lot: 28
  • Municipality: GERMANTOWN
  • Latitude: 35.0656
  • Longitude: -89.7447

    Address

  • Full Address: 3077 Chapel Woods Cv
  • Address - House Number: 3077
  • Address - Street Name: Chapel Woods
  • Address - Suffix Type: Cv
  • State: TN
  • City Name: Germantown
  • Carrier Code: R012
  • 4-Digit Zip Code: 2505
  • Zip Code: 38139

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,770

    Appraisal Valuation

  • Standard Deviation: 0.212
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 486,140
  • High Value: 589,211
  • Low Value: 383,068

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,204,000
  • First Open Lien Mortgage Lender: CADENCE BANK, N.A.
  • First Open Lien Mortgage Recording Date: Jun 11, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,204,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 05, 2053

    Market Valuation

  • Market Total Value: $235,200
  • Market Land Value: $235,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $58,800
  • Assessed Land Value: $58,800

    Sales

  • Current Sale Contract Date: May 18, 2023
  • Current Sale Recording Date: Jun 11, 2023
  • Current Sale Transaction ID: 11907930149
  • Current Sale Price: $1,720,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 46016
  • Previous Sale Recording Date: Dec 21, 2021
  • Previous Sale Contract Date: Dec 14, 2021
  • Previous Sale Amount: $275,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CADENCE BANK, N.A.
  • First Mortgage Transaction Date: Jun 11, 2023
  • First Mortgage Loan Amount: $1,204,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 05, 2053

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Germantown



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Frequently Asked Questions

What neighborhood is 3077 Chapel Woods Cove located in?
The 3077 Chapel Woods Cove is a house located in the neighborhood of Shelby in Germantown, Germantown.
What is the average sales price for listings in 3077 Chapel Woods Cove?
The average sales price for units in 3077 Chapel Woods Cove is $0 currently.

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