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315 Chase Farm Lane

315 Chase Farm Lane, Cordova, TN 38018
Sold Mar 08, 2018
$230,000
$225,834 by Bartlett Mortgage Inc
Mortgage Due Apr 01, 2048
Sold Dec 18, 2007
$195,000
$195,000 by Evolve Bank & Trust
Mortgage Due Jan 01, 2038
315 Chase Farm Lane has been categorized by the local assessors in Cordova, TN as a residential type of property. The building on the property was first built in 2003 and is 21 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 315 Chase Farm Lane has 2,367 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 11,607 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a traditional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 462 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The exterior walls of the building are made of brick veneer. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery 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, 315 Chase Farm Lane sold most recently in Feb 26, 2018 for a total of $230,000. If you work out the math, that's approximately a cost of $81.30 per sqft. Before that, the property was also sold for $195,000 in Dec 14, 2007. 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 $3,579 in taxes each year. 315 Chase Farm Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $58,750. If we break it down further, the land itself was valued at $12,725. Improvements to the property, however, were assessed at a total of $46,025. 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. 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!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.

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: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 462
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 11,607
  • Total Building Area: 2,829
  • Gross Building Area: 2,829
  • Building Area: 2,367
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,367
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SANGA GROVE 1ST ADDN
  • Land Acres: 0.267
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WS CHASE FARM LN SEE MAP D2-14 (TILE# 362)

Ownership

  • Current Owner : REED SHAWN ADDECIUS
  • Current Owner 2: REED CYNTHIA J
  • Previous Owner : HOBSON THOMAS CHARLES
  • Previous Owner 2: HOBSON KAREN D
  • Owner Before Previous Owner: LANDON HOMES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 021144

Zoning

  • Zoning: R-15

Geography

  • Assessors Map Reference: MB 196-45
  • District: O
  • Parcel: 09-1083-D0-0034
  • Lot: 34
  • Municipality: MEMPHIS
  • Latitude: 35.1337
  • Longitude: -89.7732

    Address

  • Full Address: 315 Chase Farm Ln
  • Address - House Number: 315
  • Address - Street Name: Chase Farm
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Cordova
  • Carrier Code: R028
  • 4-Digit Zip Code: 1017
  • Zip Code: 38018

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,579

    Appraisal Valuation

  • Standard Deviation: 0.2416
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 355,051
  • High Value: 440,859
  • Low Value: 269,243

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $225,834
  • First Open Lien Mortgage Lender: BARTLETT MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Mar 08, 2018
  • First Open Lien Mortgage Loan Amount: $225,834
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2048

    Market Valuation

  • Market Total Value: $235,000
  • Market Land Value: $50,900
  • Market Improvement Value: $184,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $58,750
  • Assessed Land Value: $12,725
  • Assessed Improvements Value: $46,025

    Sales

  • Current Sale Contract Date: Feb 26, 2018
  • Current Sale Recording Date: Mar 08, 2018
  • Current Sale Transaction ID: 11427868254
  • Current Sale Price: $230,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 18022250
  • Previous Sale Recording Date: Dec 18, 2007
  • Previous Sale Contract Date: Dec 14, 2007
  • Previous Sale Amount: $195,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BARTLETT MORTGAGE INC
  • First Mortgage Transaction Date: Mar 08, 2018
  • First Mortgage Loan Amount: $225,834
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: EVOLVE BANK & TRUST
  • Previous Mortgage Transaction Date: Dec 18, 2007
  • Previous Mortgage Loan Amount: $195,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jan 01, 2038

About Concerned Citizens of Walnut Grove



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Frequently Asked Questions

What neighborhood is 315 Chase Farm Lane located in?
The 315 Chase Farm Lane is a located in the neighborhood of Concerned Citizens of Walnut Grove in Concerned Citizens of Walnut Grove, Cordova.
What is the average sales price for listings in 315 Chase Farm Lane?
The average sales price for units in 315 Chase Farm Lane is $0 currently.

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