Owner
$508,094
2661 COUNTRYWOOD PKWY, CORDOVA, TN
Quick Facts
owner occupied
Yes
vacant
No
corporate owner
No
beds
3
baths
4
sq. ft.
5,271
property type
Single Family Residential
hoa
Yes
About
Residential
Building Quality B
Average Condition
Living Area
Attached Garage
1.5 Stories
No Basement
Central
Central
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
2003
Building Size
5,271 sq ft
Lot Size
27,840 sq ft
Lot Size (Acres)
0.64 acres
Distressed Property Status
In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property
Property Location Details
Parcel Number (APN)
09-6522-A0-0025
County
Shelby County, TN
Metro Area
Memphis, TN-MS-AR
Zoning
R-15
Neighborhood/Subdivision
COUNTRYWOOD SECTION A
Lot Number
4
School District
Shelby County School District
Legal Description
N W S COUNTRYWOOD PKWY SEE MAP 140 O
Tax & Value Information
Market Value (Total)
$379,700
Building Value
$319,700
Land Value
$60,000
Annual Property Tax
—
Tax Assessment Year
2023
Assessed Value
$94,925
Last Assessment Year
2022
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
—
Last Sale Contract Date
5/14/2020
Recording Date
5/19/2020
Sales Document #
2020.50220
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$0
Average Price per Sq.Ft.: $0.00
Sales Comparables
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$19,661
Return on Investment
15.60%
After Repair Value
$558,903
Basic Inputs
Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
Show Advanced Options
Analysis Details
Purchase Price
$457,285
Renovation Cost
$25,405
Closing Costs (buying)
$9,146
Holding Costs
$13,874
Selling Costs
$33,534
Total Investment
$126,007
After Repair Value (ARV)
$558,903
Total Costs
$539,243
Estimated Profit
$19,661
Cash Invested
$116,862
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
No Elementary School nearby
No Middle School nearby
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Area Profile for Investors
Quiet Residential
Walkability
Poor
(0 POIs within 1mi)
Amenities Within 0.5mi
0
locations
Schools Within 1mi
0
schools
Area Class
A
class
Investor Insight
This is a quiet residential area with 0 amenities within 1 mile.
The area has limited nearby amenities.
Key features for tenant appeal:
Map Filters
Key Amenities in the Area