Check Availability

8602 Riverwood Farms Pw

8602 Riverwood Farms Pw, Cordova, TN 38016
House in Shelby
Sold Jan 04, 2019
$195,000
$250,000 by Freedom Mortgage Corp
Mortgage Due Dec 01, 2051
Sold Nov 17, 2009
$173,400
$170,259 by Bancorpsouth Bank
Mortgage Due Dec 01, 2039
8602 Riverwood Farms Pw 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 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 8602 Riverwood Farms Pw has 2,119 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 1,500 ft and across the front of the lot is 1,410 ft. The area measurement of the land has been determined as 24,623 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a traditional 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 483 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. 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 D 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. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 8602 Riverwood Farms Pw sold most recently in Dec 10, 2018 for a total of $195,000. If you work out the math, that's approximately a cost of $74.94 per sqft. Before that, the property was also sold for $173,400 in Nov 13, 2009. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,640 in taxes each year. 8602 Riverwood Farms Pw was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $59,750. If we break it down further, the land itself was valued at $12,650. Improvements to the property, however, were assessed at a total of $47,100. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

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: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 483
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 24,623
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,410
  • Total Building Area: 2,602
  • Gross Building Area: 2,602
  • Building Area: 2,119
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,119
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIVERWOOD FARMS PHASE 1
  • Land Acres: 0.565
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ES RIVERWOOD FARMS PKWY COR CEDAR TRAILS DR (SE) ES RIVERWOOD FARMS PKWY COR

Ownership

  • Current Owner : RAINEY ROBERT
  • Current Owner 2: RAINEY REBECCA
  • Previous Owner : BLAIR DANIEL J
  • Previous Owner 2: BLAIR MIRANDA L
  • Owner Before Previous Owner: WURDEMAN ROY
  • Owner Before Previous Owner 2: WURDEMAN MARLENE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 021136

Zoning

  • Zoning: R-10

Geography

  • Assessors Map Reference: MB 106-33
  • District: O
  • Parcel: 09-6502-A0-0037
  • Lot: 37
  • Municipality: MEMPHIS
  • Latitude: 35.1656
  • Longitude: -89.776

    Address

  • Full Address: 8602 Riverwood Farms Pkwy
  • Address - House Number: 8602
  • Address - Street Name: Riverwood Farms
  • Address - Suffix Type: Pkwy
  • State: TN
  • City Name: Cordova
  • Carrier Code: R017
  • 4-Digit Zip Code: 6116
  • Zip Code: 38016

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,640

    Appraisal Valuation

  • Standard Deviation: 0.2416
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 317,411
  • High Value: 394,123
  • Low Value: 240,700

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $250,000
  • First Open Lien Mortgage Lender: FREEDOM MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Nov 19, 2021
  • First Open Lien Mortgage Loan Amount: $250,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2051

    Market Valuation

  • Market Total Value: $239,000
  • Market Land Value: $50,600
  • Market Improvement Value: $188,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $59,750
  • Assessed Land Value: $12,650
  • Assessed Improvements Value: $47,100

    Sales

  • Current Sale Contract Date: Dec 10, 2018
  • Current Sale Recording Date: Jan 04, 2019
  • Current Sale Transaction ID: 11548578226
  • Current Sale Price: $195,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19001373
  • Previous Sale Recording Date: Nov 17, 2009
  • Previous Sale Contract Date: Nov 13, 2009
  • Previous Sale Amount: $173,400
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PATRIOT BANK
  • First Mortgage Transaction Date: Jan 04, 2019
  • First Mortgage Loan Amount: $190,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jan 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: BANCORPSOUTH BANK
  • Previous Mortgage Transaction Date: Nov 17, 2009
  • Previous Mortgage Loan Amount: $170,259
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Dec 01, 2039

About Memphis



Similar Buildings

House at 8602 Riverwood Farms Pw,

1255 Ecklin Drive

  • 1 Unit for Sale
1255 Ecklin Drive, Cordova, TN 38016
House at 8602 Riverwood Farms Pw,

1740 Meadow River Cove

  • 1 Unit for Sale
1740 Meadow River Cove, Cordova, TN 38016
House at 8602 Riverwood Farms Pw,

8802 Callaway Court

  • 1 Unit for Sale
8802 Callaway Court, Cordova, TN 38016
House at 8602 Riverwood Farms Pw,

1175 Vickery Lane

  • 1 Unit for Sale
1175 Vickery Lane, Cordova, TN 38016
House at 8602 Riverwood Farms Pw,

1097 West Montebello Circle

  • 1 Unit for Sale
1097 West Montebello Circle, Cordova, TN 38018
House at 8602 Riverwood Farms Pw,

9007 Chimneyrock Bl

  • 1 Unit for Sale
9007 Chimneyrock Bl, Cordova, TN 38016

Nearby Rentals

Unit for rent at 9204 Acadia, Cordova, TN, 38018

$1,895 /mo

  • 3 Beds
  • 2 Baths
9204 Acadia, Cordova, TN, 38018 Listing by Janie Courser
Unit for rent at 8575 Griffin Park, Memphis, TN, 38018

$1,800 /mo

  • 3 Beds
  • 2.5 Baths
8575 Griffin Park, Memphis, TN, 38018 Listing by Tammy Anderson
Unit for rent at 8594 Woodland Rose, Memphis, TN, 38016

$2,500 /mo

  • 4 Beds
  • 2.5 Baths
8594 Woodland Rose, Memphis, TN, 38016 Listing by Frank Pereira
Unit for rent at 393 N Sanga Rd, Cordova, TN, 38018

$4,500 /mo

  • 3 Beds
  • 2 Baths
  • 2,400 ft²
393 N Sanga Rd, Cordova, TN, 38018 Listing by Manager
Unit for rent at 685 S Walnut Woods, Memphis, TN, 38018

$1,875 /mo

  • 3 Beds
  • 2.5 Baths
685 S Walnut Woods, Memphis, TN, 38018 Listing by Billye Bryan
Unit for rent at 8827 Campaldino Ave., Cordova, TN, 38018

$1,795 /mo

  • 3 Beds
  • 2 Baths
  • 1,426 ft²
8827 Campaldino Ave. #8827 Campaldino Ave., Cordova, TN, 38018 Listing by Manager
Unit for rent at 8833 Campaldino Ave., Cordova, TN, 38018

$1,795 /mo

  • 3 Beds
  • 2 Baths
  • 1,426 ft²
8833 Campaldino Ave. #8833 Campaldino Ave., Cordova, TN, 38018 Listing by Manager

Frequently Asked Questions

What neighborhood is 8602 Riverwood Farms Pw located in?
The 8602 Riverwood Farms Pw is a house located in the neighborhood of Shelby in Memphis, Cordova.
What is the average sales price for listings in 8602 Riverwood Farms Pw?
The average sales price for units in 8602 Riverwood Farms Pw is $0 currently.

Quantcast