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8615 Cedar Farms Drive

8615 Cedar Farms Drive, Cordova, TN 38016
House in Shelby
Sold Nov 21, 2017
$109,000
Buyer
Seller
$183,330 by Quicken Loans Inc
Mortgage Due Dec 01, 2047
Sold Apr 16, 2007
$179,900
$143,920 by E-loan Inc
Mortgage Due May 01, 2037
8615 Cedar Farms Drive in Cordova, TN was first built in 1988 and is 36 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a traditional style. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 8615 Cedar Farms Drive has 2,963 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,300 ft and the linear feet between the front and back of the lot is 1,500. In total, the area measurement of the land is 13,185 square feet.

Learn more about the property and building on this page. There is a unknown. The home has a gable style roof made of composition shingle. For those who need parking, there is a attached garage. The garage is 441 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick veneer. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter 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, 8615 Cedar Farms Drive sold most recently in Oct 20, 2017 for a total of $109,000. If you work out the math, that's approximately a cost of $32.02 per sqft. Before that, the property was also sold for $179,900 in Apr 12, 2007. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $4,109 in taxes each year. 8615 Cedar Farms Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $67,450. 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 $54,800. 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. 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!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: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • 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: 441
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 13,185
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,300
  • Total Building Area: 3,404
  • Gross Building Area: 3,404
  • Building Area: 2,963
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,963
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIVERWOOD FARMS PHASE 2
  • Land Acres: 0.303
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SS CEDAR FARMS DR SS CEDAR FARMS DR

Ownership

  • Current Owner : WOODS ERICA
  • Previous Owner : HOWARD WELDEN
  • Owner Before Previous Owner: BRIDGEFORTH ANTHONY C
  • Owner Before Previous Owner 2: BRIDGEFORTH RUBY J
  • 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-A0-0066
  • Lot: 66
  • Municipality: MEMPHIS
  • Latitude: 35.168
  • Longitude: -89.7756

    Address

  • Full Address: 8615 Cedar Farms Dr
  • Address - House Number: 8615
  • Address - Street Name: Cedar Farms
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Cordova
  • Carrier Code: R017
  • 4-Digit Zip Code: 6140
  • Zip Code: 38016

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,109

    Appraisal Valuation

  • Standard Deviation: 0.237
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 345,980
  • High Value: 428,004
  • Low Value: 263,955

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $183,330
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: Nov 21, 2017
  • First Open Lien Mortgage Loan Amount: $183,330
  • 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: Dec 01, 2047

    Market Valuation

  • Market Total Value: $269,800
  • Market Land Value: $50,600
  • Market Improvement Value: $219,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $67,450
  • Assessed Land Value: $12,650
  • Assessed Improvements Value: $54,800

    Sales

  • Current Sale Contract Date: Oct 20, 2017
  • Current Sale Recording Date: Nov 21, 2017
  • Current Sale Transaction ID: 11307427191
  • Current Sale Price: $109,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 17120287
  • Previous Sale Recording Date: Apr 16, 2007
  • Previous Sale Contract Date: Apr 12, 2007
  • Previous Sale Amount: $179,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Nov 21, 2017
  • First Mortgage Loan Amount: $183,330
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: E-LOAN INC
  • Previous Mortgage Transaction Date: Apr 16, 2007
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $143,920
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: May 01, 2037

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Frequently Asked Questions

What neighborhood is 8615 Cedar Farms Drive located in?
The 8615 Cedar Farms Drive is a house located in the neighborhood of Shelby in Memphis, Cordova.
What is the average sales price for listings in 8615 Cedar Farms Drive?
The average sales price for units in 8615 Cedar Farms Drive is $0 currently.

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