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8405 Walnut Trace Cove

8405 Walnut Trace Cove, Cordova, TN 38018
Sold Aug 10, 2022
$370,000
$259,000 by Rocket Mortgage Llc
Mortgage Due Sep 01, 2052
Sold Jul 30, 2019
$250,000
$250,000 by Mortgage Research Center Llc
Mortgage Due Aug 01, 2049
Local assessors in Cordova, TN have categorized 8405 Walnut Trace Cove as a residential type of property. The home was built in 1990 and is 34 years old. The property's lot size has been calculated to be 17,320 square feet. The linear feet between the front and back of the lot was measured at 1,450 ft and the front of the lot was measured at 910 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, 4 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 8405 Walnut Trace Cove has a total of 2,353 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 427 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 both a unknown and a unknown so you'll have great options in both the front and back of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. 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 Aug 4, 2022 for $370,000. That's $133.09 per sqft. Prior to that sales transaction, the property was also sold in Jul 24, 2019 for $250,000. 8405 Walnut Trace Cove was last assessed in 2022. The total value of the property was assessed at $60,725. Specifically, the land the property is located on was valued at $8,900. While improvements on the property were assessed at a total of $51,825. 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 $3,699. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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
Open Parking
Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • 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: 427
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 17,320
  • Lot Size Depth Feet: 1,450
  • Lot Size Frontage Feet: 910
  • Total Building Area: 2,780
  • Gross Building Area: 2,780
  • Building Area: 2,353
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,353
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WALNUT GROVE LAKE SEC I
  • Land Acres: 0.398
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SS WALNUT TRACE CV

Ownership

  • Current Owner : PHILLIPS DARREN K
  • Current Owner 2: PHILLIPS BONNIE
  • Previous Owner : HUTCHINSON BRIAN W
  • Previous Owner 2: JOY ESTER
  • Owner Before Previous Owner: CIOCCA CAROLYN W
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

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

Zoning

  • Zoning: R-10

Geography

  • Assessors Map Reference: MB 120-11
  • District: O
  • Parcel: 09-1071-0-0054
  • Lot: 55
  • Municipality: MEMPHIS
  • Latitude: 35.1334
  • Longitude: -89.7824

    Address

  • Full Address: 8405 Walnut Trace Cv
  • Address - House Number: 8405
  • Address - Street Name: Walnut Trace
  • Address - Suffix Type: Cv
  • State: TN
  • City Name: Cordova
  • Carrier Code: R006
  • 4-Digit Zip Code: 6842
  • Zip Code: 38018

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,699

    Appraisal Valuation

  • Standard Deviation: 0.2277
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 68
  • Final Value: 352,428
  • High Value: 432,703
  • Low Value: 272,153

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $259,000
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Aug 10, 2022
  • First Open Lien Mortgage Loan Amount: $259,000
  • 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: Sep 01, 2052

    Market Valuation

  • Market Total Value: $242,900
  • Market Land Value: $35,600
  • Market Improvement Value: $207,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $60,725
  • Assessed Land Value: $8,900
  • Assessed Improvements Value: $51,825

    Sales

  • Current Sale Contract Date: Aug 04, 2022
  • Current Sale Recording Date: Aug 10, 2022
  • Current Sale Transaction ID: 11894318246
  • Current Sale Price: $370,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 89748
  • Previous Sale Recording Date: Jul 30, 2019
  • Previous Sale Contract Date: Jul 24, 2019
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROCKET MORTGAGE LLC
  • First Mortgage Transaction Date: Aug 10, 2022
  • First Mortgage Loan Amount: $259,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • Previous Mortgage Transaction Date: Jul 30, 2019
  • Previous Mortgage Loan Amount: $250,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Aug 01, 2049

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Frequently Asked Questions

What neighborhood is 8405 Walnut Trace Cove located in?
The 8405 Walnut Trace Cove 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 8405 Walnut Trace Cove?
The average sales price for units in 8405 Walnut Trace Cove is $0 currently.

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