NOT LISTED FOR SALE

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

Chickasaw Gardens Neighborhood

Estimated Value: $156,000 - $181,402

2 Beds
2 Baths
1,000-1,199 Sq Ft
828 Sq Ft Lot

Last Sold May 30, 2013

Last sale price $70,000 $58 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $981/month

26 Days on Market

Highlights

  • 24-Hour Security
  • In Ground Pool
  • Updated Kitchen
  • White Station High Rated A
  • Sitting Area In Primary Bedroom
  • Clubhouse

About This Home

As of May 2013

Recently updated model home like, featuring 5" plank hardwood floors, 9 ft. ceilings, granite counters, ss appl, custom draperies, unique lighting effects creating inviting colors & warmth in this open floor plan with Chickasaw Gardens Golf Club charm!!!

Last Agent to Sell the Property

Steve Dugger

KAIZEN Realty, LLC License #287359 Listed on: 04/10/2013

KAIZEN Realty, LLC

Last Buyer's Agent

Debbie Sowell

NextHome Cornerstone Realty License #259008

NextHome Cornerstone Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $922

Year Built

  • Built in 1970

Lot Details

  • Landscaped

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,000 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Aluminum Window Frames
  • Entrance Foyer
  • Combination Dining and Living Room
  • Loft
  • Termite Clearance

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Basement

  • Partial Basement
  • Shared Basement

Parking

  • 2 Car Detached Garage
  • Carport
  • Guest Parking
  • On-Site Parking for Rent
  • Parking Lot

Accessible Home Design

  • Grab Bars
  • Handicap Modified

Outdoor Features

  • In Ground Pool

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 044041 A00048

Community Details

Overview

  • Property has a Home Owners Association
  • $339 Maintenance Fee
  • Association fees include some utilities, water/sewer, trash collection, exterior maintenance, grounds maintenance
  • High-Rise Condominium
  • Fairway Towers Community
  • Fairway Towers Apts Amend To Subdivision

Amenities

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

Pet Policy

  • No Pets Allowed

Security

  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$922

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)
  • MLS Map #: 754C
  • MAAR Subdivision Name: FAIRWAY TOWERS APARTMENTS
  • Condo: Yes
  • Handicap Design: Grab Bars
  • Number Of Stories: 1
  • Price Per Sq Ft: 70
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1000
  • Termite Contract: Yes
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Level 1
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Self Cleaning Oven, Cooktop, Disposal, Dishwasher, Microwave, Refrigerator, Cable Wired
  • Living Dining Kitchen: LR/DR Combination, Updated/Renovated Kitchen, Breakfast Bar, Pantry
  • Misc Interior: Walk-In Closet(s), Handicap Design, Cat/Dog Free House, 2 or More Elevators, Common Basement
  • Other Rooms: Entry Hall, Loft/Balcony
  • Total Bathrooms: 2
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Walk-In Closet, Full Bath, Sitting Area

Exterior Features

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

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking Display: C2D
  • Parking Storage: Parking Lot, Assigned Parking, Designated Guest Parking, Rent Parking Space, Common Parking Garage

Utilities

  • Cooling: Central, Ceiling Fan(s), 220 Wiring
  • Heating: Central
  • Security: Full Time Guard Service
  • Water Sewer: Electric Water Heater

Association/Amenities

  • Condo Amenities: Clubhouse w/ Kitchen, Community Laundry, Guest Rm Available, On-Site Storage
  • Condo Fees Include: Some Utilities, Water/Sewer, Trash Collection, Exterior Maintenance, Grounds Maintenance
  • Condominium Association: Yes
  • Condominium Name: Fairway Towers

Fee Information

  • Monthly Maintenance Fee: 339

Lot Info

  • Lot Number: UNIT 5J

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 044041 A00048

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2013
Closed on
May 30, 2013
Sold by
Childers Gary Edward and Childers Jacquelynn
Bought by
Adams Ann T
Seller's Agent
Steve Dugger
KAIZEN Realty, LLC
Buyer's Agent
Debbie Sowell
NextHome Cornerstone Realty
List Price
$69,500
Sold Price
$70,000
Premium/Discount to List
$500
0.72%
Current Estimated Value
$163,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,738
Avg. Annual Appreciation
7.60%
Original Mortgage
$51,000
Outstanding Balance
$36,576
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$134,457

Purchase Details

Closed on
Jun 25, 2002
Sold by
Abraham Bernard and King James L
Bought by
Childers Gary Edward and Childers Jacquelynn

Purchase Details

Closed on
Mar 1, 2002
Sold by
Harless Michael K and Patterson Gail Anita
Bought by
Abraham Bernard and King James L
Source: Public Records

Range of Values:

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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
Adams Ann T $70,000 Commonwealth Land Title Ins
Childers Gary Edward $69,500 --
Abraham Bernard $69,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Ann T $51,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2013 05/30/13 Sold $70,000 +0.7% $70 / Sq Ft
05/06/2013 05/06/13 Pending -- -- --
04/10/2013 04/10/13 For Sale $69,500 -- $70 / 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 $922 $39,475 $2,100 $37,375
2024 -- $27,200 $2,100 $25,100
2023 $1,657 $27,200 $2,100 $25,100
2022 $1,657 $27,200 $2,100 $25,100
2021 $1,676 $27,200 $2,100 $25,100
2020 $1,721 $23,750 $2,100 $21,650
2019 $1,721 $23,750 $2,100 $21,650
2018 $1,721 $23,750 $2,100 $21,650
2017 $976 $23,750 $2,100 $21,650
2016 $819 $18,750 $0 $0
2014 $819 $18,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    Steve Dugger

    KAIZEN Realty, LLC

    (901) 268-7705

    1 Total Sale

    Section Image
  • Debbie Sowell

    Buyer's Agent in 2013

    Debbie Sowell

    NextHome Cornerstone Realty

    (901) 560-6398

    5 in this area

    75 Total Sales

    Section Image
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About Fairway Towers

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3269144

Memphis Area Association of REALTORS®

APN: 04-4041-A0-0048

Tennessee Shelby County Memphis 38122 Chickasaw Gardens

475 N Highland St Unit 5J, Memphis, TN

This home is located at 475 N Highland St Unit 5J, Memphis, TN 38122 since 10 April 2013 and is currently estimated at $167,351, approximately $139 per square foot. This property was built in 1970. 475 N Highland St Unit 5J 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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