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695 Cedar Brake Drive

695 Cedar Brake Drive, Cordova, TN 38018
Sold Mar 20, 2019
$208,000
$204,232 by Wolfe Financial Inc
Mortgage Due Apr 01, 2049
Sold Jun 03, 2011
$159,500
$127,600 by Evolve Bank & Trust
Mortgage Due Jun 01, 2041
695 Cedar Brake Drive 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 1986 and is 38 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, 695 Cedar Brake Drive has 3,248 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,300 ft and across the front of the lot is 710 ft. The area measurement of the land has been determined as 13,000 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial 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 572 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. Love to swim? You'll be excited to find out that there is a pool on the property. 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 A by the local assessor. The building has a hip style roof made of composition shingle. 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 and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Mar 18, 2019 for $208,000. That's $54.45 per sqft. Prior to that sales transaction, the property was also sold in May 31, 2011 for $159,500. 695 Cedar Brake Drive was last assessed in 2022. The total value of the property was assessed at $63,875. Specifically, the land the property is located on was valued at $8,500. While improvements on the property were assessed at a total of $55,375. 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 $3,891. 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.

Building Features

Parking

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

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • 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: A
  • Building Style: Colonial
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 572
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 13,000
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 710
  • Total Building Area: 3,820
  • Gross Building Area: 3,820
  • Building Area: 3,248
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,248
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WALNUT RUN SEC A
  • Land Acres: 0.298
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WS CEDAR BRAKE DR

Ownership

  • Current Owner : MCKINNIE CHADWICK
  • Current Owner 2: MABONE SHERHONDA SHUNTA
  • Previous Owner : GUERNSEY PAMELA S
  • Owner Before Previous Owner: TEDESCHI RYAN M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 021143

Zoning

  • Zoning: R-8

Geography

  • Assessors Map Reference: MB 98-55
  • District: O
  • Parcel: 09-1041-0-0067
  • Lot: 7
  • Municipality: MEMPHIS
  • Latitude: 35.1436
  • Longitude: -89.7887

    Address

  • Full Address: 695 Cedar Brake Dr
  • Address - House Number: 695
  • Address - Street Name: Cedar Brake
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Cordova
  • Carrier Code: R027
  • 4-Digit Zip Code: 6382
  • Zip Code: 38018

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,891

    Appraisal Valuation

  • Standard Deviation: 0.2487
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 64
  • Final Value: 348,402
  • High Value: 435,062
  • Low Value: 261,743

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $251,243
  • First Open Lien Mortgage Lender: WOLFE FINANCIAL INC
  • First Open Lien Mortgage Recording Date: Mar 20, 2019
  • First Open Lien Mortgage Loan Amount: $204,232
  • 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, 2049
  • Second Open Lien Mortgage Lender: NATIONSTAR MORTGAGE LLC
  • Second Open Lien Mortgage Recording Date: Nov 09, 2021
  • Second Open Lien Mortgage Loan Amount: $35,968
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Nov 01, 2051
  • Third Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Third Open Lien Mortgage Recording Date: Mar 06, 2024
  • Third Open Lien Mortgage Loan Amount: $11,043
  • Third Open Lien Mortgage Term: 331
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: FHA
  • Third Open Lien Mortgage Loan Due Date: Nov 01, 2051

    Market Valuation

  • Market Total Value: $255,500
  • Market Land Value: $34,000
  • Market Improvement Value: $221,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $63,875
  • Assessed Land Value: $8,500
  • Assessed Improvements Value: $55,375

    Sales

  • Current Sale Contract Date: Mar 18, 2019
  • Current Sale Recording Date: Mar 20, 2019
  • Current Sale Transaction ID: 11590680785
  • Current Sale Price: $208,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19026151
  • Previous Sale Recording Date: Jun 03, 2011
  • Previous Sale Contract Date: May 31, 2011
  • Previous Sale Amount: $159,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WOLFE FINANCIAL INC
  • First Mortgage Transaction Date: Mar 20, 2019
  • First Mortgage Loan Amount: $204,232
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: EVOLVE BANK & TRUST
  • Previous Mortgage Transaction Date: Jun 03, 2011
  • Previous Mortgage Loan Amount: $127,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2041

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Frequently Asked Questions

What neighborhood is 695 Cedar Brake Drive located in?
The 695 Cedar Brake 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 695 Cedar Brake Drive?
The average sales price for units in 695 Cedar Brake Drive is $0 currently.

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