$140,000
SOLD MAR 24, 2025

Fairway Towers 475 N Highland St Unit 1B Memphis, TN 38122

Chickasaw Gardens Neighborhood
2 Beds
2.5 Baths
1,600-1,799 Sq Ft
2.91 Acres

Recently Sold

$78 Per Sq Ft

26% Below List Price

50 Days on Market

Highlights

  • Fitness Center
  • Gated Parking
  • Landscaped Professionally
  • White Station High Rated A
  • 2.91 Acre Lot
  • Clubhouse

About This Home

As of March 2025

Wonderful first floor condo rarely available in Fairway Towers. Neutral colors, built-in bookshelves, open floorplan. Spacious great room opens to dining room, perfect for entertaining. Split plan for the bedrooms w/ updated baths. Kitchen has stone counter tops & stainless steel applainces. Two private patios to enjoy. Building has outdoor pool, grilling area, party room & exercise room. 24/7 guard service and reserved parking is available. No pets or rentals allowed. Virtually Staged.

Last Agent to Sell the Property

Paula Sansom

Hobson, REALTORS License #287115

Co-Listed By

Mary Ruleman

Hobson, REALTORS License #221000

Last Buyer's Agent

Chasity Blackburn

Blackburn & Co License #362295

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,264

Year Built

  • Built in 1970

Parking

  • Gated Parking

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,600 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Entrance Foyer
  • Great Room
  • Dining Room
  • Den

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • Whirlpool Bathtub

Outdoor Features

  • Patio
  • Outdoor Storage

Additional Features

  • Landscaped Professionally
  • Ground Level
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 044041 A00002

Community Details

Overview

  • Property has a Home Owners Association
  • $526 Maintenance Fee
  • Association fees include some utilities, trash collection, exterior maintenance, grounds maintenance, management fees, exterior insurance, reserve fund
  • High-Rise Condominium
  • Fairway Towers Apts Amend To Subdivision

Amenities

  • Clubhouse
  • Guest Suites
  • Community Storage Space

Recreation

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,264

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Contemporary
  • Attached Unit Type: First Floor Flat, High Rise (7+ Stories)
  • MLS Map #: 754C
  • MAAR Subdivision Name: FAIRWAY TOWERS APARTMENTS
  • Condo: Yes
  • Number Of Stories: 1
  • Price Per Sq Ft: 87.5
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1600
  • Year Built: 1970
  • List Price/ Sq Ft: 118
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Split Bedroom Plan, Renovated Bathroom, Whirlpool(s)
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 1, Walk-In Closet, Private Full Bath
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Wood Laminate Floors, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher, Refrigerator
  • Living Dining Kitchen: Separate Dining Room, Great Room
  • Misc Interior: All Window Treatments, Cat/Dog Free House, Elevator, 2 or More Elevators
  • Other Rooms: Entry Hall
  • Total Bathrooms: 2.1
  • Primary Bathroom Description: Whirlpool Tub
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath

Exterior Features

  • Misc Exterior: Patio, Storage
  • Exterior Windows: Brick Veneer
  • Pool Description: Neighborhood

Garage/Parking

  • Parking Storage: Gated Parking

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Condo Amenities: Exercise Room, Clubhouse w/ Kitchen, Guest Rm Available, On-Site Storage
  • Condo Fees Include: Some Utilities, Trash Collection, Exterior Maintenance, Grounds Maintenance, Management Fees, Exterior Insurance, Reserve Fund
  • Condominium Association: Yes

Fee Information

  • Monthly Maintenance Fee: 526

Lot Info

  • Lot Description: Professionally Landscaped
  • Lot Number: UNIT 1B
  • Acreage: 2.91
  • Price Per Acre: 64948
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 044041 A00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2025
Closed on
Mar 24, 2025
Sold by
Hazard Anna Hart
Bought by
Bishop Danny L and Bishop Lynda Morris
Seller's Agent
Paula Sansom
Hobson, REALTORS
Buyer's Agent
Chasity Blackburn
Blackburn & Co
List Price
$189,000
Sold Price
$140,000
Premium/Discount to List
-$49,000
-25.93%
Total Days on Market
50
Views
64

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
393.56%

Purchase Details

Closed on
Mar 23, 2009
Sold by
Webb Gloria Maelyse Mcelwain and Mcelwain Margaret Bays
Bought by
Hazard Anna Hart

Purchase Details

Closed on
Aug 31, 2006
Sold by
Canon Cham and Canon Hazel
Bought by
Mcelwain Maryhardy B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
6.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 1998
Sold by
Canon Cham and Canon Hazel
Bought by
Canon Cham and Canon Hazel

Purchase Details

Closed on
May 18, 1998
Sold by
Matthews Oliver S
Bought by
Canon Cham and Canon Hazel

Map

About Fairway Towers

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 Type Sale Price Title Company
Warranty Deed $140,000 Closetrak Closing & Title Serv
Warranty Deed $160,000 Realty Title & Escrow Co
Warranty Deed $123,000 Realty Title & Escrow
Interfamily Deed Transfer -- --
Warranty Deed $90,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $50,000 Credit Line Revolving
Previous Owner $50,321 Credit Line Revolving
Previous Owner $55,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2025 03/24/25 Sold $140,000 -25.9% $88 / Sq Ft
03/08/2025 03/08/25 Pending -- -- --
01/17/2025 01/17/25 For Sale $189,000 -- $118 / Sq Ft
Source: Memphis Area Association of REALTORS®

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
2024 $1,264 $37,275 $2,575 $34,700
2023 $2,271 $37,275 $2,575 $34,700
2022 $2,271 $37,275 $2,575 $34,700
2021 $2,297 $37,275 $2,575 $34,700
2020 $2,828 $39,025 $2,575 $36,450
2019 $2,828 $39,025 $2,575 $36,450
2018 $2,828 $39,025 $2,575 $36,450
2017 $1,604 $39,025 $2,575 $36,450
2016 $1,207 $27,625 $0 $0
2014 $1,207 $27,625 $0 $0
Source: Public Records

Source: Memphis Area Association of REALTORS®

MLS Number: 10188240

Memphis Area Association of REALTORS®

APN: 04-4041-A0-0002

Tennessee Shelby County Memphis 38122 Chickasaw Gardens

475 N Highland St Unit 1B, Memphis, TN

Homes for Sale in Memphis, TN

This home is located at 475 N Highland St Unit 1B, Memphis, TN 38122 and is currently priced at $140,000, approximately $77 per square foot. This property was built in 1970. 475 N Highland St Unit 1B is a home located in Shelby County with nearby schools including Grahamwood Elementary School, White Station High, and White Station Middle.

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