NOT LISTED FOR SALE

3040 Fairborn Dr Memphis, TN 38115

Fox Meadows Neighborhood

Estimated Value: $220,000 - $272,000

4 Beds
2 Baths
2,400-2,599 Sq Ft
$94/Sq Ft Est. Value

Last Sold July 28, 2017

Last sale price $130,000 $50 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $1,417/month

Highlights

  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Bonus Room
  • Wood Flooring
  • Separate Formal Living Room
  • Den with Fireplace

About This Home

As of July 2017

Newly renovated home in Fox Meadows! New Tile, New Carpet, New Paint! Freshly & beautifully refinished hardwood floors! 1 bedroom down, NEW appliances! Brick fireplace and a super surprise - 15x15 ft downstairs bonus room with rear entry! Pick you flooring choice, this is a sweet surprise! 3 more bedrooms up with gorgeous hardwood floors, large closet and sitting area in one bedroom! Buyers will seriously love this floor plan that also includes a formal dining room, living & laundry room!

Last Agent to Sell the Property

Dianne Milner

eXp Realty, LLC License #267948 Listed on: 12/16/2016

eXp Realty, LLC

Co-Listed By

Bruce Milner

eXp Realty, LLC License #288682

Last Buyer's Agent

Jessie Lucas

Niter & Associates License #270980

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,459

Year Built

  • Built in 1966

Lot Details

  • 9,148 Sq Ft Lot
  • Landscaped
  • Level Lot
  • Few Trees

Parking

  • Driveway

Home Design

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

Interior Spaces

  • 2,400-2,599 Sq Ft Home
  • 2,526 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Fireplace Features Masonry
  • Separate Formal Living Room
  • Dining Room
  • Den with Fireplace
  • Bonus Room
  • Play Room

Kitchen

  • Self-Cleaning Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Primary bedroom located on second floor
  • Cedar Closet
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Attic

  • Attic Access Panel
  • Permanent Attic Stairs

Home Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector
  • Iron Doors

Outdoor Features

  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Window Unit Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Fox Meadows Blk C Subdivision

Listing and Financial Details

  • Assessor Parcel Number 074078 00051

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,459

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 #: 784B
  • MAAR Subdivision Name: FOX MEADOWS BLK C
  • List Price Per Sq Ft: 53
  • Number Of Stories: 2
  • Price Per Sq Ft: 51.46
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2526
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 1 Bath, Play Room/Recreation Room
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 4th or More Bedrooms, 1 Bath, Office
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 2400-2599
  • Bedroom 2 Description: Level 2, Walk-In Closet, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 2, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 4 Description: Level 2, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 4
  • Bedrooms Down: 1
  • Fireplace: Masonry, In Den/Great Room
  • Floors/Ceilings: Part Hardwood, Wood Laminate Floors, Part Carpet, Tile
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Self Cleaning Oven, Disposal, Dishwasher, Cable Wired
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Washer/Dryer Connections
  • Misc Interior: Cedar Lined Closet(s), Permanent Attic Stairs, Attic Access, Smoke Detector(s), Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Bonus Room
  • Total Bathrooms: 2
  • Primary Bathroom Description: Smooth Ceiling, Tile Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Storage Building
  • Exterior Windows: Brick Veneer, Vinyl Siding, Storm Window(s), Storm Door(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central, Window Unit(s)
  • Heating: Central, Gas
  • Security: Smoke Detector(s)
  • Water Sewer: Electric Water Heater

Lot Info

  • Lot Description: Some Trees, Level, Landscaped
  • Lot Number: 352
  • Acreage: 0.21
  • Lot Size: .21
  • Price Per Acre: 637619

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 074078 00051

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2016
Closed on
Jul 17, 2017
Sold by
Binzegger Bonnie
Bought by
Lucas Jessie
Seller's Agent
Dianne Milner
eXp Realty, LLC
Buyer's Agent
Jessie Lucas
Niter & Associates
List Price
$144,500
Sold Price
$130,000
Premium/Discount to List
-$14,500
-10.03%
Current Estimated Value
$243,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,416
Avg. Annual Appreciation
7.96%
Original Mortgage
$120,904
Outstanding Balance
$102,402
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$141,014

Purchase Details

Closed on
Mar 9, 2004
Sold by
Kellum Joseph Wilson
Bought by
Kellum Joseph Wilson and Kellum Peggy Reynolds

Purchase Details

Closed on
Mar 21, 2002
Sold by
Kellum Peggy Reynolds
Bought by
Kellum Joseph Wilson
Source: Public Records

Range of Values:

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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
Lucas Jessie $130,000 None Available
Kellum Joseph Wilson -- --
Kellum Joseph Wilson -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lucas Jessie $120,904
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2017 07/28/17 Sold $130,000 -10.0% $54 / Sq Ft
05/09/2017 05/09/17 Pending -- -- --
12/16/2016 12/16/16 For Sale $144,500 -- $60 / 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 $1,459 $64,450 $5,825 $58,625
2024 $1,459 $43,050 $5,075 $37,975
2023 $2,622 $43,050 $5,075 $37,975
2022 $2,622 $43,050 $5,075 $37,975
2021 $2,653 $43,050 $5,075 $37,975
2020 $2,196 $30,300 $5,075 $25,225
2019 $2,196 $30,300 $5,075 $25,225
2018 $2,196 $30,300 $5,075 $25,225
2017 $985 $23,975 $5,075 $18,900
2016 $1,005 $23,000 $0 $0
2014 $1,005 $23,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dianne Milner

    Seller's Agent in 2017

    Dianne Milner

    eXp Realty, LLC

    (901) 337-2699

    38 Total Sales

    Dianne Milner
    Section Image
  • Bruce Milner

    Seller Co-Listing Agent in 2017

    Bruce Milner

    eXp Realty, LLC

    (901) 482-0444

    7 in this area

    112 Total Sales

    Bruce Milner
    Section Image

  • J

    Buyer's Agent in 2017

    Jessie Lucas

    Niter & Associates

    (901) 289-2558

    3 Total Sales

    Jessie Lucas
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9992273

Memphis Area Association of REALTORS®

APN: 07-4078-0-0051

Tennessee Shelby County Memphis 38115 Fox Meadows

3040 Fairborn Dr, Memphis, TN

This home is located at 3040 Fairborn Dr, Memphis, TN 38115 since 16 December 2016 and is currently estimated at $243,416, approximately $93 per square foot. This property was built in 1966. 3040 Fairborn Dr is a home located in Shelby County with nearby schools including Fox Meadows Elementary School, Wooddale High School, and Cornerstone Prep School.

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