NOT LISTED FOR SALE

2740 Fairbrook Cove Memphis, TN 38118

Parkway Village Neighborhood

Estimated Value: $159,000 - $178,711

3 Beds
2 Baths
1,800-1,999 Sq Ft
$85/Sq Ft Est. Value

Last Sold January 19, 2016

Last sale price $76,275 $38 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $979/month

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Den with Fireplace
  • Wood Flooring
  • Bonus Room
  • 2 Car Attached Garage

About This Home

As of January 2016

One of the larger homes in the neighborhood. Low maintenance Brick & Vinyl Exterior. Refinished Hardwoods. New Carpet. New Paint. Central Air with new furnace and new a/c unit. Big Bonus Room. This is One Sweet Deal!

Last Agent to Sell the Property

Danny Lipsey

Keller Williams License #267789 Listed on: 09/11/2015

Keller Williams

Co-Listed By

Jo Shaner

Keller Williams License #265130

Last Buyer's Agent

Susie James

Crye-Leike, Inc., REALTORS License #312939

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $955

Year Built

  • Built in 1966

Lot Details

  • 10,454 Sq Ft Lot
  • Wood Fence
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,915 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Dining Room
  • Den with Fireplace
  • Bonus Room
  • Play Room
  • Pull Down Stairs to Attic
  • Iron Doors
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Cooktop
  • Dishwasher

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • Meadowbrook Park Sec C Subdivision

Listing and Financial Details

  • Assessor Parcel Number 074099 00010

Home Details

Home Type

Single Family

Est. Annual Taxes

$955

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 772C
  • MAAR Subdivision Name: MEADOWBROOK PARK SEC C
  • List Price Per Sq Ft: 39
  • Number Of Stories: 1
  • Price Per Sq Ft: 39.83
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1915
  • Year Built: 1966
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Play Room/Recreation Room, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedroom 2 Description: Level 1, Carpet
  • Bedroom 3 Description: Level 1, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: In Den/Great Room
  • Floors/Ceilings: Part Hardwood, Part Carpet
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Cooktop, Dishwasher
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Eat-In Kitchen, Pantry
  • Misc Interior: Pull Down Attic Stairs
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Bonus Room
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Level 1, Carpet

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Patio
  • Exterior Windows: Brick Veneer, Vinyl Siding
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Driveway/Pad, Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level, Wood Fenced
  • Lot Number: 456
  • Acreage: 0.24
  • Lot Size: .24
  • Price Per Acre: 312083

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 074099 00010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2015
Closed on
Jan 20, 2016
Sold by
Regions Bank
Bought by
Cullum Roger Christopher and Cullum Kristal Ledawan Lindsey
Seller's Agent
Danny Lipsey
Keller Williams
Buyer's Agent
Susie James
Crye-Leike, Inc., REALTORS
List Price
$74,900
Sold Price
$76,275
Premium/Discount to List
$1,375
1.84%
Current Estimated Value
$168,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,653
Avg. Annual Appreciation
8.54%
Original Mortgage
$77,914
Outstanding Balance
$62,007
Interest Rate
3.98%
Mortgage Type
VA
Estimated Equity
$106,921

Purchase Details

Closed on
Jun 11, 2015
Sold by
Clarke Ernesto R and Anderson Debra A
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Nov 29, 2000
Sold by
Gallagher William J and Gallagher Carolyn
Bought by
Clarke Ernesto R and Anderson Debra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,700
Interest Rate
8.35%
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
Cullum Roger Christopher $76,275 Realty Title & Escrow Co Inc
Wells Fargo Bank Na $62,625 None Available
Clarke Ernesto R $106,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cullum Roger Christopher $77,914
Previous Owner Clarke Ernesto R $100,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2016 01/19/16 Sold $76,275 +1.8% $42 / Sq Ft
10/15/2015 10/15/15 Pending -- -- --
09/11/2015 09/11/15 For Sale $74,900 -- $42 / 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 $955 $42,200 $5,200 $37,000
2024 $955 $28,175 $3,775 $24,400
2023 $1,716 $28,175 $3,775 $24,400
2022 $1,716 $28,175 $3,775 $24,400
2021 $1,736 $28,175 $3,775 $24,400
2020 $1,444 $19,925 $3,775 $16,150
2019 $1,444 $19,925 $3,775 $16,150
2018 $1,444 $19,925 $3,775 $16,150
2017 $819 $19,925 $3,775 $16,150
2016 $857 $19,600 $0 $0
2014 $857 $19,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Danny Lipsey

    Seller's Agent in 2016

    Danny Lipsey

    Keller Williams

    (901) 261-7918

    1 in this area

    67 Total Sales

    Danny Lipsey
    Section Image

  • J

    Seller Co-Listing Agent in 2016

    Jo Shaner

    Keller Williams

    Section Image
  • Susie James

    Buyer's Agent in 2016

    Susie James

    Crye-Leike

    (901) 550-0039

    1 in this area

    52 Total Sales

    Susie James
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9961001

Memphis Area Association of REALTORS®

APN: 07-4099-0-0010

Tennessee Shelby County Memphis 38118 Parkway Village

2740 Fairbrook Cove, Memphis, TN

This home is located at 2740 Fairbrook Cove, Memphis, TN 38118 since 11 September 2015 and is currently estimated at $168,928, approximately $84 per square foot. This property was built in 1966. 2740 Fairbrook Cove is a home located in Shelby County with nearby schools including Evans Elementary School, Wooddale High School, and Memphis Merit Academy.

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