1108 Fairmeadow Rd Memphis, TN 38117
Colonial Acres NeighborhoodEstimated Value: $321,000 - $497,000
3
Beds
3
Baths
2,772
Sq Ft
$143/Sq Ft
Est. Value
About This Home
This home is located at 1108 Fairmeadow Rd, Memphis, TN 38117 and is currently estimated at $397,459, approximately $143 per square foot. 1108 Fairmeadow Rd is a home located in Shelby County with nearby schools including Sherwood Elementary School, Colonial Middle, and Overton High.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 2, 2020
Sold by
Welling Dion Lee and Welling Michelle S
Bought by
Adams David A and Adams Sara H
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,750
Outstanding Balance
$171,720
Interest Rate
3.6%
Mortgage Type
Credit Line Revolving
Estimated Equity
$225,739
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
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Home Values in the Area
Average Home Value in this Area
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
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
Map
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