NOT LISTED FOR SALE

1108 Fair Meadow Rd Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $332,000 - $486,833

3 Beds
2.5 Baths
2,000-2,199 Sq Ft
$186/Sq Ft Est. Value

Last Sold March 02, 2020

Last sale price $255,000 $116 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,475/month

6 Days on Market

Highlights

  • 0.51 Acre Lot
  • Wood Flooring
  • Some Wood Windows
  • Traditional Architecture
  • 2 Fireplaces
  • Porch

About This Home

As of March 2020

This home is located at 1108 Fair Meadow Rd, Memphis, TN 38117 since 25 February 2020 and is currently estimated at $408,958, approximately $204 per square foot. This property was built in 1957. 1108 Fair Meadow Rd is a home located in Shelby County with nearby schools including Sherwood Elementary School, Colonial Middle, and Overton High.

Last Agent to Sell the Property

Sally Isom

Coldwell Banker Collins-Maury License #264419 Listed on: 02/25/2020

Coldwell Banker Collins-Maury

Last Buyer's Agent

Sally Isom

Coldwell Banker Collins-Maury License #264419 Listed on: 02/25/2020

Coldwell Banker Collins-Maury

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,571

Year Built

  • Built in 1957

Lot Details

  • 0.51 Acre Lot
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,000-2,199 Sq Ft Home
  • 2,075 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Some Wood Windows
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 2 Car Garage
  • Rear-Facing Garage

Outdoor Features

  • Porch

Utilities

  • Central Air
  • Radiant Ceiling

Community Details

  • Kings Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 065007 00021

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,571

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 759A
  • MAAR Subdivision Name: HARDING
  • List Price Per Sq Ft: 123
  • Number Of Stories: 1
  • Price Per Sq Ft: 122.89
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2075
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 2000-2199
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Of Fireplaces: 2
  • Total Bathrooms: 2.1

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Wood Window(s)

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Back-Load Garage

Utilities

  • Cooling: Central
  • Heating: Ceiling Heat

Lot Info

  • Lot Description: Level
  • Lot Number: 27
  • Acreage: 0.51
  • Lot Size: .51
  • Price Per Acre: 500000

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 065007 00021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2020
Closed on
Mar 2, 2020
Sold by
Welling Dion Lee and Welling Michelle S
Bought by
Adams David A and Adams Sara H
Seller's Agent
Sally Isom
Coldwell Banker Collins-Maury
Buyer's Agent
Sally Isom
Coldwell Banker Collins-Maury
List Price
$255,000
Sold Price
$255,000
Current Estimated Value
$408,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,958
Avg. Annual Appreciation
8.78%
Original Mortgage
$216,750
Outstanding Balance
$171,720
Interest Rate
3.6%
Mortgage Type
Credit Line Revolving
Estimated Equity
$237,238

Purchase Details

Closed on
Feb 13, 2009
Sold by
Welling Dion Lee
Bought by
Welling Dion Lee and Welling Michelle S

Purchase Details

Closed on
Apr 19, 2007
Sold by
James Rodney L and James Sandra
Bought by
Welling Dion Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,750
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Adams David A $255,000 None Available
Welling Dion Lee -- None Available
Welling Dion Lee $233,000 Realty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams David A $216,750
Previous Owner Welling Dion Lee $174,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2020 03/02/20 Sold $255,000 0.0% $128 / Sq Ft
03/02/2020 03/02/20 Pending -- -- --
02/25/2020 02/25/20 For Sale $255,000 -- $128 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,571 $149,325 $18,300 $131,025
2024 $3,571 $105,350 $18,300 $87,050
2023 $6,418 $105,350 $18,300 $87,050
2022 $5,460 $67,825 $18,300 $49,525
2021 $2,340 $67,825 $18,300 $49,525
2020 $3,507 $48,400 $16,875 $31,525
2019 $1,547 $48,400 $16,875 $31,525
2018 $1,547 $48,400 $16,875 $31,525
2017 $1,583 $48,400 $16,875 $31,525
2016 $1,842 $42,150 $0 $0
2014 $1,842 $42,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sally Isom

    Seller's Agent in 2020

    Sally Isom

    Coldwell Banker Collins-Maury

    (901) 219-8882

    13 in this area

    123 Total Sales

    Sally Isom
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10072578

Memphis Area Association of REALTORS®

APN: 06-5007-0-0021

Tennessee Shelby County Memphis 38117 Colonial Acres

1108 Fair Meadow Rd, Memphis, TN

This home is located at 1108 Fair Meadow Rd, Memphis, TN 38117 since 25 February 2020 and is currently estimated at $408,958, approximately $185 per square foot. This property was built in 1957. 1108 Fair Meadow Rd is a home located in Shelby County with nearby schools including Sherwood Elementary School, Colonial Middle, and Overton High.

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