$57,500
SOLD JAN 15, 2016

Fairway Towers Memphis, TN 38122

Chickasaw Gardens Neighborhood
1 Bed
1 Bath
1,060 Sq Ft
2.91 Acres

Recently Sold

$54 Per Sq Ft

23% Below List Price

Highlights

  • 24-Hour Security
  • In Ground Pool
  • Clubhouse
  • White Station High Rated A
  • 2.91 Acre Lot
  • Main Floor Primary Bedroom

About This Home

As of August 2019

Spacious 1 bedroom condo with fresh paint. Stained concrete floors. Fantastic view of City and Chickasaw Golf Course. Awesome well maintained building with 24 hour security,pool,gated parking,gorgeous party room and great staff on hand! Walk to the Greenline!

Last Agent to Sell the Property

Helen Akin

Crye-Leike, Inc., REALTORS License #275312 Listed on: 01/12/2015

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Lewis Marshall

BHHS McLemore & Co., Realty License #299309

BHHS McLemore & Co., Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $804

Year Built

  • Built in 1970

Home Design

  • Soft Contemporary Architecture

Interior Spaces

  • 1,060 Sq Ft Home
  • Entrance Foyer
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Home Security

  • Security Gate
  • Termite Clearance

Parking

  • 2 Covered Spaces
  • Guest Parking
  • Assigned Parking
  • Unassigned Parking

Utilities

  • Central Air
  • Heat Pump System

Additional Features

  • In Ground Pool
  • Few Trees

Listing and Financial Details

  • Assessor Parcel Number 044041 A00077

Community Details

Overview

  • Property has a Home Owners Association
  • $338 Maintenance Fee
  • Association fees include trash collection, exterior maintenance, grounds maintenance, management fees, exterior insurance, reserve fund, pest control contract
  • High-Rise Condominium
  • Fairway Tower Community
  • Fairway Towers Apts Amend To Subdivision
  • Property managed by Wright Management

Amenities

  • Clubhouse
  • Guest Suites
  • Laundry Facilities

Security

  • 24-Hour Security
  • Storm Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$804

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Soft Contemporary
  • Attached Unit Type: High Rise (7+ Stories)
  • Detached Unit Type: General Residential
  • Cross Street: Walnut Grove
  • MLS Map #: 754C
  • MAAR Subdivision Name: FAIRWAY TOWERS APARTMENTS
  • Condo: Yes
  • List Price Per Sq Ft: 57
  • Price Per Sq Ft: 54.25
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1060
  • Termite Contract: Yes
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedrooms: 1
  • Bedrooms Down: 1
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher, Refrigerator
  • Living Dining Kitchen: LR/DR Combination, Pantry
  • Other Rooms: Entry Hall
  • Total Bathrooms: 1
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Guarded Gate
  • Exterior Windows: Storm Window(s)
  • Pool Description: In Ground

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Assigned Parking, Unassigned Parking, Designated Guest Parking

Utilities

  • Cooling: Central
  • Heating: Electric Heat Pump
  • Security: Security Gate, Full Time Guard Service

Association/Amenities

  • Condo Amenities: Clubhouse w/ Kitchen, Community Laundry, Guest Rm Available
  • Condo Fees Include: Trash Collection, Exterior Maintenance, Grounds Maintenance, Management Fees, Exterior Insurance, Reserve Fund, Pest Control Contract
  • Condominium Association: Yes
  • Condominium Name: Fairway Tower
  • Management Company: Wright Management

Fee Information

  • Monthly Maintenance Fee: 338

Lot Info

  • Lot Description: Some Trees
  • Lot Number: UNIT 8H
  • Acreage: 2.91
  • Price Per Acre: 20619

Multi Family

  • Number Of Rooms: 3

Tax Info

  • Assessor Parcel Number: 044041 A00077

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2019
Closed on
Aug 13, 2019
Sold by
Stephens Phyllis A
Bought by
Padron Mary Ella
Seller's Agent
Matt Morgan
Crye-Leike, Inc., REALTORS
Buyer's Agent
Joan Robinson
Crye-Leike, Inc., REALTORS
List Price
$99,000
Sold Price
$99,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.13%
Original Mortgage
$94,050
Outstanding Balance
$82,727
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$67,862

Purchase Details

Listed on
Jan 12, 2015
Closed on
Jan 8, 2016
Sold by
Mccanlass Jonathan D and Mccarty Susan
Bought by
Stephens Phyllis A
Seller's Agent
Helen Akin
Crye-Leike, Inc., REALTORS
Buyer's Agent
Lewis Marshall
BHHS McLemore & Co., Realty
List Price
$75,000
Sold Price
$57,500
Premium/Discount to List
-$17,500
-23.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.39%

Purchase Details

Closed on
Aug 25, 2006
Sold by
Lyons Barbara
Bought by
Mccanless Jonathan D and Mccarty Susan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 13, 2004
Sold by
Plesofsky Charles Z and Plesofsky Carole I
Bought by
Lyons Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,600
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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 $99,000 Realty Title
Warranty Deed $57,500 Edco Title & Closing Svcs In
Warranty Deed $69,000 None Available
Warranty Deed $59,500 Memphis Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $94,050 New Conventional
Previous Owner $49,000 Purchase Money Mortgage
Previous Owner $47,600 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2025 07/30/25 For Sale $135,000 +36.4% $135 / Sq Ft
08/12/2019 08/12/19 Sold $99,000 0.0% $99 / Sq Ft
07/04/2019 07/04/19 For Sale $99,000 +72.2% $99 / Sq Ft
01/15/2016 01/15/16 Sold $57,500 -23.3% $54 / Sq Ft
01/06/2016 01/06/16 Pending -- -- --
01/12/2015 01/12/15 For Sale $75,000 -- $71 / 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 $804 $33,500 $2,125 $31,375
2024 $804 $23,725 $2,125 $21,600
2023 $1,445 $23,725 $2,125 $21,600
2022 $1,445 $23,725 $2,125 $21,600
2021 $1,718 $23,725 $2,125 $21,600
2020 $1,187 $16,375 $2,125 $14,250
2019 $523 $16,375 $2,125 $14,250
2018 $523 $16,375 $2,125 $14,250
2017 $578 $17,675 $2,125 $15,550
2016 $619 $14,175 $0 $0
2014 $619 $14,175 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Paula Sansom

    Seller's Agent in 2025

    Paula Sansom

    Hobson, REALTORS

    (901) 335-7909

    5 in this area

    29 Total Sales

    Paula Sansom
    Section Image
  • Mary Ruleman

    Seller Co-Listing Agent in 2025

    Mary Ruleman

    Hobson, REALTORS

    (901) 489-2114

    6 in this area

    50 Total Sales

    Mary Ruleman
    Section Image
  • Matt Morgan

    Seller's Agent in 2019

    Matt Morgan

    Crye-Leike

    (901) 605-1071

    1 in this area

    132 Total Sales

    Matt Morgan
    Section Image

  • J

    Buyer's Agent in 2019

    Joan Robinson

    Crye-Leike, Inc., REALTORS

    Section Image
  • Helen Akin

    Seller's Agent in 2016

    Helen Akin

    Crye-Leike

    (901) 240-3912

    1 in this area

    35 Total Sales

    Helen Akin
    Section Image
  • Lewis Marshall

    Buyer's Agent in 2016

    Lewis Marshall

    BHHS McLemore & Co., Realty

    (901) 605-7371

    3 in this area

    66 Total Sales

    Lewis Marshall
    Section Image
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About Fairway Towers

Source: Memphis Area Association of REALTORS®

MLS Number: 9942944

Memphis Area Association of REALTORS®

APN: 04-4041-A0-0077

Tennessee Shelby County Memphis 38122

Chickasaw Gardens

This home and is currently priced at $57,500, approximately $54 per square foot. This property was built in 1970. This home 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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