NOT LISTED FOR SALE

Fairway Towers 475 N Highland St Unit 2B Memphis, TN 38122

Chickasaw Gardens Neighborhood

Estimated Value: $185,000 - $222,000

2 Beds
2 Baths
1,600-1,799 Sq Ft
$114/Sq Ft Est. Value

Last Sold May 15, 2012

Last sale price $75,000 $42 Per Sq Ft

Est. 174% increase in value since last sale

Current estimated payment $1,253/month

1,139 Days on Market

Highlights

  • 24-Hour Security
  • In Ground Pool
  • Guest Suites
  • White Station High Rated A
  • Traditional Architecture
  • Balcony

About This Home

As of May 2012

Charming 2 BR/2BA unit! Large Living Area plus cozy Den w/Bar. 2 Balconys! LR,DR & Den freshly painted. Carpets have been cleaned. Lowest price in the building! Bring an offer!

Last Agent to Sell the Property

Corinne Adrian

Sowell, Realtors License #236902 Listed on: 09/30/2008

Last Buyer's Agent

Melissa Wilbanks

Crye-Leike, Inc., REALTORS License #277840

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,175

Year Built

  • Built in 1972

Lot Details

  • Landscaped

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,475 Sq Ft Home
  • 1-Story Property
  • Elevator
  • Popcorn or blown ceiling
  • Ceiling height of 9 feet or more
  • Window Treatments
  • Combination Dining and Living Room
  • Wall to Wall Carpet

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

  • Fire and Smoke Detector
  • Fire Escape
  • Termite Clearance

Parking

  • 2 Parking Spaces
  • Guest Parking
  • On-Site Parking for Rent
  • Parking Lot

Outdoor Features

  • In Ground Pool
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 044041 A00007

Community Details

Overview

  • Property has a Home Owners Association
  • $352 Maintenance Fee
  • Association fees include water/sewer, trash collection, exterior maintenance, grounds maintenance, parking, pest control contract
  • High-Rise Condominium
  • Fairway Towers Community
  • Fairway Towers Apts Amend To Subdivision
  • Property managed by Wright Management

Amenities

  • Guest Suites
  • Laundry Facilities

Security

  • 24-Hour Security
  • Building Fire Alarm

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,175

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: High Rise (7+ Stories)
  • MLS Map #: 754C
  • MAAR Subdivision Name: FAIRWAY TOWERS APARTMENTS
  • Condo: Yes
  • Freestanding: Yes
  • Number Of Stories: 1
  • Price Per Sq Ft: 50.85
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1475
  • Termite Contract: Yes
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Wall to Wall Carpet, Sprayed Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Disposal, Dishwasher, Cable Available
  • Living Dining Kitchen: LR/DR Combination, Pantry
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Cat/Dog Free House, 2 or More Elevators
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Balcony, Well Landscaped Grounds, Storage, Fire Escape
  • Exterior Windows: Brick Veneer
  • Pool Description: In Ground

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Parking Lot, Assigned Parking, Designated Guest Parking, Rent Parking Space, Common Parking Garage

Utilities

  • Cooling: Central
  • Heating: Central, Electric
  • Security: Fire Alarm, Smoke Detector(s), Full Time Guard Service
  • Water Sewer: Electric Water Heater

Association/Amenities

  • Condo Amenities: Community Laundry, Guest Rm Available
  • Condo Fees Include: Water/Sewer, Trash Collection, Exterior Maintenance, Grounds Maintenance, Parking, Pest Control Contract
  • Condominium Association: Yes
  • Condominium Name: Fairway Towers
  • Management Company: Wright Management

Fee Information

  • Monthly Maintenance Fee: 352

Lot Info

  • Lot Number: UNIT 2B

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 044041 A00007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2008
Closed on
May 15, 2012
Sold by
Sights Jean
Bought by
Brown Laurie Wilson
Seller's Agent
Corinne Adrian
Sowell, Realtors
Buyer's Agent
Melissa Wilbanks
Crye-Leike, Inc., REALTORS
List Price
$129,000
Sold Price
$75,000
Premium/Discount to List
-$54,000
-41.86%
Total Days on Market
1139
Current Estimated Value
$205,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,685
Avg. Annual Appreciation
8.03%
Original Mortgage
$67,500
Interest Rate
4.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 2001
Sold by
Oakley Christine
Bought by
Sights Jere and Sights Jean

Purchase Details

Closed on
Jul 26, 1995
Bought by
Christine Oakley
Source: Public Records

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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
Brown Laurie Wilson $75,000 Executive Title & Closing In
Sights Jere $129,000 Security Title Company
Christine Oakley $94,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Laurie W $68,900
Closed Brown Laurie Wilson $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2012 05/15/12 Sold $75,000 -41.9% $47 / Sq Ft
11/13/2011 11/13/11 Pending -- -- --
09/30/2008 09/30/08 For Sale $129,000 -- $81 / 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 $1,175 $47,125 $2,575 $44,550
2024 $1,175 $34,675 $2,575 $32,100
2023 $2,112 $34,675 $2,575 $32,100
2022 $2,112 $34,675 $2,575 $32,100
2021 $2,137 $34,675 $2,575 $32,100
2020 $1,871 $25,825 $2,575 $23,250
2019 $1,871 $25,825 $2,575 $23,250
2018 $1,871 $25,825 $2,575 $23,250
2017 $1,061 $25,825 $2,575 $23,250
2016 $1,062 $24,300 $0 $0
2014 $1,062 $24,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Corinne Adrian

    Seller's Agent in 2012

    Corinne Adrian

    Sowell, Realtors

    (901) 496-1209

    1 in this area

    19 Total Sales

    Corinne Adrian
    Section Image
  • Melissa Wilbanks

    Buyer's Agent in 2012

    Melissa Wilbanks

    Crye-Leike

    (901) 438-1107

    3 in this area

    92 Total Sales

    Melissa Wilbanks
    Section Image
See All Agents

About Fairway Towers

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3154446

Memphis Area Association of REALTORS®

APN: 04-4041-A0-0007

Tennessee Shelby County Memphis 38122 Chickasaw Gardens

475 N Highland St Unit 2B, Memphis, TN

This home is located at 475 N Highland St Unit 2B, Memphis, TN 38122 since 30 September 2008 and is currently estimated at $205,685, approximately $114 per square foot. This property was built in 1972. 475 N Highland St Unit 2B 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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