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8639 Loxley Place

8639 Loxley Place, Cordova, TN 38016
Property in Countrywood
Sold Aug 18, 2023
$319,000
$174,598 by Renasant Bank
Mortgage Due Aug 10, 2028
Sold Nov 24, 2009
$104,000
$102,116 by Iberiabank Mortgage Co
Mortgage Due Dec 01, 2039
Local assessors in Cordova, TN have categorized 8639 Loxley Place as a residential type of property. The home was built in 1974 and is 50 years old. The property's lot size has been calculated to be 16,430 square feet. The linear feet between the front and back of the lot was measured at 1,550 ft and the front of the lot was measured at 1,060 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 8 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 single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 8639 Loxley Place has a total of 2,358 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 420 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. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. 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. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 8639 Loxley Place sold most recently in Aug 9, 2023 for a total of $319,000. If you work out the math, that's approximately a cost of $114.83 per sqft. Before that, the property was also sold for $104,000 in Nov 12, 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 $3,084 in taxes each year. 8639 Loxley Place was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $50,625. If we break it down further, the land itself was valued at $8,125. Improvements to the property, however, were assessed at a total of $42,500. 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: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Traditional
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 420
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 16,430
  • Lot Size Depth Feet: 1,550
  • Lot Size Frontage Feet: 1,060
  • Total Building Area: 2,778
  • Gross Building Area: 2,778
  • Building Area: 2,358
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,358
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COUNTRYWOOD SEC C
  • Land Acres: 0.377
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SS LOXLEY FAIRWAY COR ROCKCREEK PKY SW SS LOXLEY FAIRWAY COR ROCKCREEK PKY

Ownership

  • Current Owner : ARRC PROPERTIES LLC
  • Previous Owner : SITKO KYLE STEVEN
  • Owner Before Previous Owner: EMC MORTGAGE CORPORATION
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 021135

Zoning

  • Zoning: R-10

Geography

  • Assessors Map Reference: MB 51-37
  • District: O
  • Parcel: 09-6517-B0-0017
  • Lot: 384
  • Municipality: MEMPHIS
  • Latitude: 35.1899
  • Longitude: -89.7751

    Address

  • Full Address: 8639 Loxley Fawy
  • Address - House Number: 8639
  • Address - Street Name: Loxley Fawy
  • State: TN
  • City Name: Cordova
  • Zip Code: 38016

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,084

    Appraisal Valuation

  • Standard Deviation: 0.2416
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 300,003
  • High Value: 372,507
  • Low Value: 227,499

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $174,598
  • First Open Lien Mortgage Lender: RENASANT BANK
  • First Open Lien Mortgage Recording Date: Aug 18, 2023
  • First Open Lien Mortgage Loan Amount: $174,598
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 10, 2028

    Market Valuation

  • Market Total Value: $202,500
  • Market Land Value: $32,500
  • Market Improvement Value: $170,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $50,625
  • Assessed Land Value: $8,125
  • Assessed Improvements Value: $42,500

    Sales

  • Current Sale Contract Date: Aug 09, 2023
  • Current Sale Recording Date: Aug 18, 2023
  • Current Sale Transaction ID: 11911251456
  • Current Sale Price: $319,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 69753
  • Previous Sale Recording Date: Nov 24, 2009
  • Previous Sale Contract Date: Nov 12, 2009
  • Previous Sale Amount: $104,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: RENASANT BANK
  • First Mortgage Transaction Date: Aug 18, 2023
  • First Mortgage Loan Amount: $174,598
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 10, 2028

    Previous Mortgages

  • Previous Mortgage Lender: IBERIABANK MORTGAGE CO
  • Previous Mortgage Transaction Date: Nov 24, 2009
  • Previous Mortgage Loan Amount: $102,116
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Dec 01, 2039

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Frequently Asked Questions

What neighborhood is 8639 Loxley Place located in?
The 8639 Loxley Place is a located in the neighborhood of Countrywood in Countrywood, Cordova.
What is the average sales price for listings in 8639 Loxley Place?
The average sales price for units in 8639 Loxley Place is $0 currently.

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