Check Availability
$310,000
↓ $8K (2.5%)
House - For Sale

8557 ERICSON

Memphis, TN 38018
bedrooms
5 Beds
bathrooms
2.5 Baths, 1 Half Bath
$1,830
Estimated Monthly
$0
HOA / Fees
9.65%
Cap Rate

About This Property

Do you know about Walnut Grove Lakes? Large home is in a quiet cul de sac. Home is 5 BRs and 2&1/2 baths, on one level. The rooms are large with big closets. Primary has a walk in closet plus 2 addtl closets. The sizeable primary bath is waiting for you to make it your own. Stainless steel appliances remain, inc the refrigerator and washer/dryer. Skylights throughout the home allow for tons of natural light. Cathedral ceilings in the great room. Walking distance to the neighborhood lake.
Unit Size
-
Days on Market
61 days
Land Size
0.16 acres
Price per sqft
-
Property Type
House
Property Taxes
$307
HOA Dues
-
Year Built
1974
Listed By
Megan Hodges
Crye-Leike Arlington
Last updated: 6 days ago (MAARTN #10167072)

Price History

Date / Event Date Event Price
Mar 26, 2024 Price Decreased $310,000
↓ $8K (2.5%)
Price Decreased
Mar 3, 2024 Listed by Crye Leike, Inc. $318,000
Listed by Crye Leike, Inc.

Property Highlights

Fireplace
Air Conditioning
Interior Details

Interior Information

Security System

Fireplace Information

Fireplace

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • 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: Rock and stone
  • Roof Shape Type: Mansard
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 504
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,236
  • Lot Size Depth Feet: 1,340
  • Lot Size Frontage Feet: 540
  • Total Building Area: 3,498
  • Gross Building Area: 3,498
  • Building Area: 2,994
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,994
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WALNUT GROVE LAKE SEC D
  • Land Acres: 0.166
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WS ERICSON COVE

Ownership

  • Current Owner : TAYLOR EARLEY
  • Current Owner 2: TAYLOR EVIE
  • Previous Owner : FANNIE MAE
  • Owner Before Previous Owner: O KELLEY WILLIAM H
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 021140

Zoning

  • Zoning: R-10

Geography

  • Assessors Map Reference: MB 48-51
  • District: O
  • Parcel: 09-1099-0-0010
  • Lot: 139
  • Municipality: MEMPHIS
  • Latitude: 35.1266
  • Longitude: -89.7775

    Address

  • Full Address: 8557 Ericson Cv
  • Address - House Number: 8557
  • Address - Street Name: Ericson
  • Address - Suffix Type: Cv
  • State: TN
  • City Name: Cordova
  • Carrier Code: R013
  • 4-Digit Zip Code: 7312
  • Zip Code: 38018

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,687

    Appraisal Valuation

  • Standard Deviation: 0.2487
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 64
  • Final Value: 329,559
  • High Value: 411,532
  • Low Value: 247,587

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $204,750
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jan 06, 2023
  • First Open Lien Mortgage Loan Amount: $204,750
  • 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: Feb 01, 2053

    Market Valuation

  • Market Total Value: $242,100
  • Market Land Value: $48,200
  • Market Improvement Value: $193,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $60,525
  • Assessed Land Value: $12,050
  • Assessed Improvements Value: $48,475

    Sales

  • Current Sale Contract Date: Mar 27, 2017
  • Current Sale Recording Date: Apr 10, 2017
  • Current Sale Transaction ID: 1806974302
  • Current Sale Price: $129,500
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 17035185
  • Previous Sale Recording Date: Jan 16, 2001
  • Previous Sale Contract Date: Jan 12, 2001
  • Previous Sale Amount: $136,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Apr 10, 2017
  • First Mortgage Loan Amount: $105,413
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: CRUMP MTG & FUNDING CORP
  • Previous Mortgage Transaction Date: Jan 16, 2001
  • Previous Mortgage Loan Amount: $129,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Feb 01, 2031

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
In Contract
House
5 Beds
3 Baths
-
$359,000 Jan 12, 2024
-
$313/mo
House
4 Beds
2.5 Baths
-
$299,900 Jan 3, 2024
-
$299/mo
House
4 Beds
2 Baths
-
$329,900 Oct 23, 2023
-
$186/mo
House
4 Beds
3 Baths
-
$305,000 Sep 23, 2023
-
$169/mo
House
4 Beds
3 Baths
-
$369,900 Feb 28, 2024
-
$184/mo
House
4 Beds
2.5 Baths
-
$369,900 Sep 30, 2023
-
$179/mo
House
4 Beds
2.5 Baths
-
$359,900 Feb 12, 2024
-
$183/mo
House
4 Beds
2 Baths
-
$260,000 Aug 4, 2023
-
$272/mo
House
4 Beds
2.5 Baths
-
$270,000 Nov 5, 2023
-
$305/mo
House
4 Beds
2 Baths
-
$310,000 Dec 23, 2022
-
-
House
3 Beds
2 Baths
-
$360,000 Jan 4, 2024
-
$180/mo

About Walnut Grove Lake


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Frequently Asked Questions

When was property at 8557 Ericson Cove built and last sold?
The property at 8557 Ericson Cove was built in 1974 and last sold on Mar 27, 2017 for $129,500.
How much is this home worth?
The estimated value of the home located at 8557 Ericson Cove is $313,100.
What are some comparable homes to 8557 Ericson Cove?
Homes that are comparable to 8557 Ericson Cove include a house property at 117 Country Place, 8703 East Sandy Hill Cove, 8649 Chris Suzanne Circle.

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