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7396 Macon Road

7396 Macon Road, Cordova, TN 38018
Sold Apr 15, 2021
$273,000
$259,350 by Mortgage Investors Group Inc
Mortgage Due May 03, 2051
Local assessors in Cordova, TN have categorized 7396 Macon Road as a residential type of property. The home was built in 2007 and is 17 years old. The property's lot size has been calculated to be 7,797 square feet. 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 6 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 7396 Macon Road has a total of 2,914 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. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and 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 - A. 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 Apr 6, 2021 for $273,000. That's $93.69 per sqft. 7396 Macon Road was last assessed in 2022. The total value of the property was assessed at $62,250. Specifically, the land the property is located on was valued at $7,550. While improvements on the property were assessed at a total of $54,700. 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 $2,110. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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

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

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: A
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,797
  • Total Building Area: 2,914
  • Gross Building Area: 2,914
  • Building Area: 2,914
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,914
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PEPPERMILL PD
  • Land Acres: 0.179
  • Standard Land Use Code: Planned unit development (pud residential)
  • Legal Description 1: NS MACON ROAD COR PEPPER RIDGE DRIVE NW SEE MAP GRID 127 K

Ownership

  • Current Owner : KOVAR TRAVIS P
  • Current Owner 2: LESTER LORI A
  • Previous Owner : WESTIN PROPERTIES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 021125

Zoning

  • Zoning: CA

Geography

  • Assessors Map Reference: MB 230-001
  • District: S
  • Parcel: D0-213P-D0-0006
  • Lot: 6
  • Municipality: SHELBY COUNTY
  • Latitude: 35.1511
  • Longitude: -89.8165

    Address

  • Full Address: 7396 Macon Rd
  • Address - House Number: 7396
  • Address - Street Name: Macon
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Cordova
  • Carrier Code: R004
  • 4-Digit Zip Code: 4901
  • Zip Code: 38018

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,110

    Appraisal Valuation

  • Standard Deviation: 0.236
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 336,222
  • High Value: 415,591
  • Low Value: 256,854

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $259,350
  • First Open Lien Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Open Lien Mortgage Recording Date: Apr 15, 2021
  • First Open Lien Mortgage Loan Amount: $259,350
  • 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: May 03, 2051

    Market Valuation

  • Market Total Value: $249,000
  • Market Land Value: $30,200
  • Market Improvement Value: $218,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $62,250
  • Assessed Land Value: $7,550
  • Assessed Improvements Value: $54,700

    Sales

  • Current Sale Contract Date: Apr 06, 2021
  • Current Sale Recording Date: Apr 15, 2021
  • Current Sale Transaction ID: 11830484724
  • Current Sale Price: $273,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21044188

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Mortgage Transaction Date: Apr 15, 2021
  • First Mortgage Loan Amount: $259,350
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 03, 2051

About Cordova Club



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Frequently Asked Questions

What neighborhood is 7396 Macon Road located in?
The 7396 Macon Road is a house located in the neighborhood of Cordova Club in Cordova Club, Cordova.
What is the average sales price for listings in 7396 Macon Road?
The average sales price for units in 7396 Macon Road is $0 currently.

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