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8718 Oak Trail Lane

8718 Oak Trail Lane, Cordova, TN 38018
Sold Mar 26, 2021
$185,000
$170,300 by Orion Fcu
Mortgage Due Apr 01, 2051
Sold Nov 22, 2017
$120,000
8718 Oak Trail Lane 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. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 8718 Oak Trail Lane has 1,424 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 770 ft and the linear feet between the front and back of the lot is 1,350. In total, the area measurement of the land is 10,831 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 440 sqft. 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, 8718 Oak Trail Lane sold most recently in Mar 12, 2021 for a total of $185,000. If you work out the math, that's approximately a cost of $99.25 per sqft. Before that, the property was also sold for $120,000 in Oct 20, 2017. 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 $1,681 in taxes each year. 8718 Oak Trail Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $49,575. If we break it down further, the land itself was valued at $9,525. Improvements to the property, however, were assessed at a total of $40,050. 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.

Building Features

Driveway

Driveway

Parking

Attached Garage
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: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • 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: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 440
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,831
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 770
  • Total Building Area: 1,864
  • Gross Building Area: 1,864
  • Building Area: 1,424
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,424
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WALNUT TRAIL SECTION A
  • Land Acres: 0.249
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NS OAK TRAIL LN

Ownership

  • Current Owner : RIVAS JOSEFINA PEREZ
  • Current Owner 2: CONTRERAS ANGEL
  • Previous Owner : SMITH FRNAK HUGH
  • Previous Owner 2: AKIN SMITH PATSY
  • Owner Before Previous Owner: SUBONG ERIC
  • Owner Before Previous Owner 2: SUBONG MOUNIA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R-10

Geography

  • Assessors Map Reference: MB 128-73
  • District: S
  • Parcel: D0-220Q-D0-0183
  • Lot: 91
  • Municipality: SHELBY COUNTY
  • Latitude: 35.122
  • Longitude: -89.772

    Address

  • Full Address: 8718 Oak Trail Ln
  • Address - House Number: 8718
  • Address - Street Name: Oak Trail
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Cordova
  • Carrier Code: R024
  • 4-Digit Zip Code: 7387
  • Zip Code: 38018

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,681

    Appraisal Valuation

  • Standard Deviation: 0.253
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 249,296
  • High Value: 312,372
  • Low Value: 186,221

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $170,300
  • First Open Lien Mortgage Lender: ORION FCU
  • First Open Lien Mortgage Recording Date: Mar 26, 2021
  • First Open Lien Mortgage Loan Amount: $170,300
  • 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: Apr 01, 2051

    Market Valuation

  • Market Total Value: $198,300
  • Market Land Value: $38,100
  • Market Improvement Value: $160,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $49,575
  • Assessed Land Value: $9,525
  • Assessed Improvements Value: $40,050

    Sales

  • Current Sale Contract Date: Mar 12, 2021
  • Current Sale Recording Date: Mar 26, 2021
  • Current Sale Transaction ID: 11826363136
  • Current Sale Price: $185,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21034817
  • Previous Sale Recording Date: Nov 22, 2017
  • Previous Sale Contract Date: Oct 20, 2017
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ORION FCU
  • First Mortgage Transaction Date: Mar 26, 2021
  • First Mortgage Loan Amount: $170,300
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

About Concerned Citizens of Walnut Grove



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Frequently Asked Questions

What neighborhood is 8718 Oak Trail Lane located in?
The 8718 Oak Trail Lane is a located in the neighborhood of Concerned Citizens of Walnut Grove in Concerned Citizens of Walnut Grove, Cordova.
What is the average sales price for listings in 8718 Oak Trail Lane?
The average sales price for units in 8718 Oak Trail Lane is $185,000 currently.

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