See Home Value
Memphis 38016
Cedar Farms
$350,338*
House - Off Market

Cedar Farms

Memphis, TN 38016
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
$198,000 - $242,000
Reference Base Price*
59.24%
Since Oct 1, 2017
National-US
Primary Model
Sold Oct 11, 2017
$210,000
$170,000 by Orion Fcu
Mortgage Due Feb 01, 2051
Sold Nov 09, 2015
$171,000
$167,902 by Community Mortgage Corp
Mortgage Due Dec 01, 2045

About This Property

Immaculate 4BR Home in Countrywood~Beautiful Hardwood Flooring & Tons of Natural Light Throughout~Spacious Den w/ Beautiful Built-Ins & Fireplace~Huge Master Bedroom w/ Luxurious On-Suite Bath~Wonderful Formal Dining Room & Large Office Area Downstairs~2 Additional BRs Up w/ Gorgeous, Renovated Bathroom~Updated Kitchen Complete w/SS Appliances & Separate Laundry Room~Amazing Backyard Perfect For Entertaining~ AND MUCH MORE!!
Unit Size
-
Days on Market
-
Land Size
0.36 acres
Price per sqft
-
Property Type
House
Property Taxes
$3,640
HOA Dues
-
Year Built
1987

Price History

Date / Event Date Event Price
Sep 2, 2017 Listed $220,000
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • 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: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 575
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 16,062
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 980
  • Total Building Area: 4,942
  • Gross Building Area: 4,942
  • Building Area: 2,290
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,290
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIVERWOOD FARMS PHASE 2
  • Land Acres: 0.369
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ES CEDAR FARMS DR ES CEDAR FARMS DR

Ownership

  • Current Owner : MITCHELL ORIEN
  • Previous Owner : PRICE CASSANDRA D
  • Owner Before Previous Owner: THE SECRETARY OF VETERANS AFFAIRSS
  • 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-A0-0099
  • Lot: 99
  • Municipality: MEMPHIS
  • Latitude: 35.167
  • Longitude: -89.7722

    Address

  • Full Address: 8720 Cedar Farms Dr
  • Address - House Number: 8720
  • Address - Street Name: Cedar Farms
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Cordova
  • Carrier Code: R017
  • 4-Digit Zip Code: 6142
  • Zip Code: 38016

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,859

    Appraisal Valuation

  • Standard Deviation: 0.237
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 319,203
  • High Value: 394,879
  • Low Value: 243,527

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $300,000
  • First Open Lien Mortgage Lender: ORION FCU
  • First Open Lien Mortgage Recording Date: Jan 26, 2021
  • First Open Lien Mortgage Loan Amount: $170,000
  • 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, 2051
  • Second Open Lien Mortgage Lender: REGIONS BANK
  • Second Open Lien Mortgage Recording Date: Oct 20, 2023
  • Second Open Lien Mortgage Loan Amount: $130,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Oct 21, 2053

    Market Valuation

  • Market Total Value: $253,400
  • Market Land Value: $50,600
  • Market Improvement Value: $202,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $63,350
  • Assessed Land Value: $12,650
  • Assessed Improvements Value: $50,700

    Sales

  • Current Sale Contract Date: Oct 06, 2017
  • Current Sale Recording Date: Oct 11, 2017
  • Current Sale Transaction ID: 1397631093
  • Current Sale Price: $210,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 17105132
  • Previous Sale Recording Date: Nov 09, 2015
  • Previous Sale Contract Date: Oct 29, 2015
  • Previous Sale Amount: $171,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Mortgage Transaction Date: Oct 11, 2017
  • First Mortgage Loan Amount: $193,120
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: COMMUNITY MORTGAGE CORP
  • Previous Mortgage Transaction Date: Nov 09, 2015
  • Previous Mortgage Loan Amount: $167,902
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Dec 01, 2045



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,668 ft²
$144/ft²
$240,000 May 15, 2021
-
$2,605/mo

About Memphis


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Frequently Asked Questions

When was property at 8720 Cedar Farms Drive built and last sold?
The property at 8720 Cedar Farms Drive was built in 1987 and last sold on Oct 6, 2017 for $210,000.
How much is this home worth?
The estimated value of the home located at 8720 Cedar Farms Drive is $222,200.
What are some comparable homes to 8720 Cedar Farms Drive?
There are currently no comparable homes to 8720 Cedar Farms Drive.

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