$141,000
SOLD NOV 25, 2019

Fairway Towers 475 N Highland St Unit 5C Memphis, TN 38122

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

Recently Sold

$78 Per Sq Ft

10% Below List Price

209 Days on Market

Highlights

  • 24-Hour Security
  • In Ground Pool
  • Two Primary Bedrooms
  • White Station High Rated A
  • Gated Parking
  • Updated Kitchen

About This Home

As of September 2022

REDUCED! Easy, safe living in this beautiful complex, 24 hr security, gated entrance to cov'd parking, & a community pool, party room & lobby! Updated with a contemporary flair including hardwd floors & a wall of built-ins with a 4x5 hidden office. Besides a fully equipped kitchen, there's a butler's pantry with cabinets & extra counters & a 2nd refrig. Two BR's have private baths & walk-in closets! AND 2 Balconies! FORMER 3 BR CONVERTED TO A SPACIOUS 2 BR! New Water Heater!

Last Agent to Sell the Property

Marcia Hughes

Crye-Leike, Inc., REALTORS License #225256 Listed on: 04/08/2019

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Alexis Brown

Emmett Baird Realty, LLC License #344693

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,212

Year Built

  • Built in 1970

Lot Details

  • Landscaped
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,657 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Window Treatments
  • Aluminum Window Frames
  • Entrance Foyer
  • Combination Dining and Living Room
  • Home Office
  • Shared Basement

Kitchen

  • Updated Kitchen
  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Double Master Bedroom
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Gated Parking
  • Parking Lot
  • Assigned Parking
  • Unassigned Parking

Pool

  • In Ground Pool

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 044041 A00122

Community Details

Overview

  • Property has a Home Owners Association
  • $471 Maintenance Fee
  • Association fees include water/sewer, trash collection, exterior maintenance, grounds maintenance, management fees, exterior insurance, reserve fund, pest control contract
  • High-Rise Condominium
  • Fairway Towers Community
  • Fairway Towers Apts Amend To Subdivision
  • Property managed by Wright Management

Amenities

  • Clubhouse
  • Guest Suites
  • Laundry Facilities
  • Community Storage Space

Recreation

Security

  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,212

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: High Rise (7+ Stories)
  • Detached Unit Type: General Residential
  • Cross Street: Waynoka
  • MLS Map #: 754C
  • MAAR Subdivision Name: FAIRWAY TOWERS APARTMENTS
  • Condo: Yes
  • List Price Per Sq Ft: 89
  • Number Of Stories: 1
  • Price Per Sq Ft: 85.09
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1657
  • Year Built: 1970
  • 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, Office
  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down, Primary Down, Two Primaries, Split Bedroom Plan, Full Bath Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 1, Walk-In Closet, Private Full Bath, Smooth Ceiling, Carpet
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling
  • Full Bathrooms: 2
  • Equipment: Double Oven, Disposal, Dishwasher, Microwave, Refrigerator
  • Living Dining Kitchen: LR/DR Combination, Updated/Renovated Kitchen, Pantry
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Elevator, Vent Hood/Exhaust Fan, Common Basement
  • Other Rooms: Office/Sewing Room, Entry Hall
  • Total Bathrooms: 2
  • Primary Bathroom Description: Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Smooth Ceiling, Carpet

Exterior Features

  • Misc Exterior: Well Landscaped Grounds
  • Exterior Windows: Brick Veneer, Aluminum Window(s)
  • Pool Description: In Ground

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 1
  • Parking Display: G1A
  • Parking Storage: Gated Parking, Gate Clickers, Parking Lot, Assigned Parking, Unassigned Parking

Utilities

  • Cooling: Central
  • Heating: Central, Electric
  • Security: Full Time Guard Service, Dead Bolt Lock(s)
  • Water Sewer: Electric Water Heater, Public Water, Public Sewer

Association/Amenities

  • Condo Amenities: Clubhouse w/ Kitchen, Community Laundry, Guest Rm Available, On-Site Storage
  • Condo Fees Include: Water/Sewer, Trash Collection, Exterior Maintenance, Grounds Maintenance, Management Fees, Exterior Insurance, Reserve Fund, Pest Control Contract
  • Condominium Association: Yes
  • Condominium Name: Fairway Towers
  • Management Company: Wright Management
  • Neighborhood Amenities: Pool

Fee Information

  • Monthly Maintenance Fee: 471

Lot Info

  • Lot Description: Some Trees, Level, Landscaped
  • Lot Number: UNIT 5C
  • Acreage: 2.91
  • Price Per Acre: 50498

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 044041 A00122

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2022
Closed on
Sep 23, 2022
Sold by
Nhu Pham
Bought by
Madison Wayne E
Seller's Agent
Carl Purifoy
Home Boss Realty
Buyer's Agent
Stacey Pittman
BHHS McLemore & Co., Realty
List Price
$215,000
Sold Price
$210,000
Premium/Discount to List
-$5,000
-2.33%
Current Estimated Value
$234,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,766
Avg. Annual Appreciation
4.02%
Original Mortgage
$168,000
Outstanding Balance
$161,258
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$73,508

Purchase Details

Listed on
Apr 8, 2019
Closed on
Nov 25, 2019
Sold by
Bhatnagar Neeharika and Bhatnagar Ravi
Bought by
Pham Nhu and Pham Megan
Seller's Agent
Marcia Hughes
Crye-Leike, Inc., REALTORS
Buyer's Agent
Alexis Brown
Emmett Baird Realty, LLC
List Price
$157,500
Sold Price
$141,000
Premium/Discount to List
-$16,500
-10.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.11%

Purchase Details

Closed on
Jul 23, 2011
Sold by
Little Sarah E and Little Brandon D
Bought by
Bhatnaggar Neeharika and Bhatnagar Ravi

Purchase Details

Closed on
Jul 26, 2006
Sold by
Sawyer Sherri R
Bought by
Little Brandon D and Little Sarah E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
6.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 30, 2000
Sold by
Shankman Ralph C
Bought by
Roberson Earl Leane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
8.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2000
Sold by
Goldstein Michael E and Goldstein Jeff L
Bought by
Shankman Ralph S
Source: Public Records

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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 $210,000 Foundation Title & Escrow
Warranty Deed $141,000 Realty Title
Warranty Deed $87,600 Mid South Title Services Llc
Warranty Deed $145,000 None Available
Warranty Deed $126,000 --
Warranty Deed $92,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $168,000 New Conventional
Previous Owner $14,500 Unknown
Previous Owner $116,000 Purchase Money Mortgage
Previous Owner $51,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2022 10/04/22 Off Market $210,000 -- --
09/23/2022 09/23/22 Sold $210,000 -2.3% $131 / Sq Ft
07/07/2022 07/07/22 For Sale $215,000 +2.4% $134 / Sq Ft
07/06/2022 07/06/22 Off Market $210,000 -- --
06/17/2022 06/17/22 For Sale $215,000 +52.5% $134 / Sq Ft
11/25/2019 11/25/19 Sold $141,000 -4.0% $88 / Sq Ft
11/03/2019 11/03/19 Pending -- -- --
10/12/2019 10/12/19 Price Changed $146,950 -2.0% $92 / Sq Ft
09/12/2019 09/12/19 Price Changed $149,950 -2.3% $94 / Sq Ft
09/10/2019 09/10/19 Price Changed $153,500 -1.3% $96 / Sq Ft
08/24/2019 08/24/19 Price Changed $155,500 -1.3% $97 / Sq Ft
08/13/2019 08/13/19 For Sale $157,500 0.0% $98 / Sq Ft
07/23/2019 07/23/19 Pending -- -- --
07/01/2019 07/01/19 Price Changed $157,500 -1.3% $98 / Sq Ft
05/25/2019 05/25/19 Price Changed $159,500 -1.8% $100 / Sq Ft
05/03/2019 05/03/19 Price Changed $162,500 -1.5% $102 / Sq Ft
04/08/2019 04/08/19 For Sale $165,000 -- $103 / 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 $1,212 $52,125 $2,700 $49,425
2024 $1,212 $35,750 $2,700 $33,050
2023 $2,178 $35,750 $2,700 $33,050
2022 $2,178 $35,750 $2,700 $33,050
2021 $1,233 $35,750 $2,700 $33,050
2020 $1,882 $25,975 $2,700 $23,275
2019 $830 $25,975 $2,700 $23,275
2018 $830 $25,975 $2,700 $23,275
2017 $850 $25,975 $2,700 $23,275
2016 $1,063 $24,325 $0 $0
2014 $1,063 $24,325 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Carl Purifoy

    Seller's Agent in 2022

    Carl Purifoy

    Home Boss Realty

    (901) 909-0023

    4 in this area

    73 Total Sales

    Carl Purifoy
    Section Image
  • Stacey Pittman

    Buyer's Agent in 2022

    Stacey Pittman

    BHHS McLemore & Co., Realty

    (901) 340-8895

    1 in this area

    22 Total Sales

    Stacey Pittman
    Section Image
  • Marcia Hughes

    Seller's Agent in 2019

    Marcia Hughes

    Crye-Leike

    (901) 494-6579

    47 Total Sales

    Marcia Hughes
    Section Image
  • Alexis Brown

    Buyer's Agent in 2019

    Alexis Brown

    Emmett Baird Realty, LLC

    (901) 687-8054

    1 in this area

    200 Total Sales

    Alexis Brown
    Section Image
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About Fairway Towers

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10049821

Memphis Area Association of REALTORS®

APN: 04-4041-A0-0122

Tennessee Shelby County Memphis 38122 Chickasaw Gardens

475 N Highland St Unit 5C, Memphis, TN

This home is located at 475 N Highland St Unit 5C, Memphis, TN 38122 and is currently priced at $141,000, approximately $78 per square foot. This property was built in 1970. 475 N Highland St Unit 5C 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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