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369 Walnut Trace Drive

369 Walnut Trace Drive, Cordova, TN 38018
Sold Mar 12, 2020
$225,000
$218,750 by Loandepot.com Llc
Mortgage Due Aug 01, 2051
Sold Jun 28, 2019
$217,000
$213,069 by Churchill Mortgage Corp
Mortgage Due Jul 01, 2049
Local assessors in Cordova, TN have categorized 369 Walnut Trace Drive as a residential type of property. The home was built in 1994 and is 30 years old. The property's lot size has been calculated to be 12,037 square feet. The linear feet between the front and back of the lot was measured at 1,500 ft and the front of the lot was measured at 1,140 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 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 2 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 369 Walnut Trace Drive has a total of 2,198 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 attached garage for those who need a place to park their vehicle. The garage on the property is 462 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 back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 brick veneer 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. The property was last sold in Mar 9, 2020 for $225,000. That's $84.59 per sqft. Prior to that sales transaction, the property was also sold in Jun 14, 2019 for $217,000. 369 Walnut Trace Drive was last assessed in 2022. The total value of the property was assessed at $53,750. Specifically, the land the property is located on was valued at $8,625. While improvements on the property were assessed at a total of $45,125. 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 $3,274. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • 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: 12,037
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,140
  • Total Building Area: 2,660
  • Gross Building Area: 2,660
  • Building Area: 2,198
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,198
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRINITY OAKS SEC A
  • Land Acres: 0.276
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WS WALNUT TRACE DR

Ownership

  • Current Owner : DEVOULD CHRISTOPHER
  • Previous Owner : KESLER MATTHEW
  • Previous Owner 2: KESLER MEGAN
  • Owner Before Previous Owner: TRIBBLE CHAD R
  • Owner Before Previous Owner 2: TRIBBLE NATALLE J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R-10

Geography

  • Assessors Map Reference: MB 131-34
  • District: O
  • Parcel: 09-1071-0-0063
  • Lot: 32
  • Municipality: MEMPHIS
  • Latitude: 35.1352
  • Longitude: -89.7822

    Address

  • Full Address: 369 Walnut Trace Dr
  • Address - House Number: 369
  • Address - Street Name: Walnut Trace
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Cordova
  • Carrier Code: R006
  • 4-Digit Zip Code: 6805
  • Zip Code: 38018

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,274

    Appraisal Valuation

  • Standard Deviation: 0.212
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 324,828
  • High Value: 393,698
  • Low Value: 255,957

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $218,750
  • First Open Lien Mortgage Lender: LOANDEPOT.COM LLC
  • First Open Lien Mortgage Recording Date: Jul 16, 2021
  • First Open Lien Mortgage Loan Amount: $218,750
  • 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: Aug 01, 2051

    Market Valuation

  • Market Total Value: $215,000
  • Market Land Value: $34,500
  • Market Improvement Value: $180,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $53,750
  • Assessed Land Value: $8,625
  • Assessed Improvements Value: $45,125

    Sales

  • Current Sale Contract Date: Mar 09, 2020
  • Current Sale Recording Date: Mar 12, 2020
  • Current Sale Transaction ID: 11745870522
  • Current Sale Price: $225,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20026906
  • Previous Sale Recording Date: Jun 28, 2019
  • Previous Sale Contract Date: Jun 14, 2019
  • Previous Sale Amount: $217,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COGENT BANK
  • First Mortgage Transaction Date: Mar 12, 2020
  • First Mortgage Loan Amount: $218,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: CHURCHILL MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jun 28, 2019
  • Previous Mortgage Loan Amount: $213,069
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jul 01, 2049

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Nearby Rentals

Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath
Unit for rent at

$1,575 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 369 Walnut Trace Drive located in?
The 369 Walnut Trace Drive is a house located in the neighborhood of Alliance of Cordova Neighborhoods in Alliance of Cordova Neighborhoods, Cordova.
What is the average sales price for listings in 369 Walnut Trace Drive?
The average sales price for units in 369 Walnut Trace Drive is $0 currently.

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