$70,000
SOLD OCT 13, 2017
1 Bed
1 Bath
958 Sq Ft
2.91 Acres

Recently Sold

$73 Per Sq Ft

7% Below List Price

71 Days on Market

Highlights

  • 24-Hour Security
  • In Ground Pool
  • 2.91 Acre Lot
  • White Station High Rated A
  • Updated Kitchen
  • Clubhouse

About This Home

As of August 2023

Security--24/7 guard service! Contract Failed! Updates in past 3 years--heat/air, tile in entry & living room/dining room combo. New carpet in master BR. Range and microwave replaced in last 3 yrs. Huge rooms. Three closets in master. Living room overlooks large balcony. Pool, covered deck, party room w/kitchen. Guest rooms. Beautifully maintained high rise with lovely lobby. Covered deck overlooks pool.

Last Agent to Sell the Property

Louise Jordan

Crye-Leike, Inc., REALTORS License #19485 Listed on: 07/19/2017

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Adam Watson

Keller Williams License #307518

Keller Williams

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $775

Year Built

  • Built in 1970

Lot Details

  • Wood Fence
  • Chain Link Fence
  • Landscaped

Home Design

  • Traditional Architecture

Interior Spaces

  • 958 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Popcorn or blown ceiling
  • Ceiling Fan
  • Window Treatments
  • Aluminum Window Frames
  • Entrance Foyer
  • Combination Dining and Living Room
  • Termite Clearance

Kitchen

  • Updated Kitchen
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Walk-In Closet
  • 1 Full Bathroom

Basement

  • Partial Basement
  • Shared Basement

Parking

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

Accessible Home Design

  • Grab Bars
  • Handicap Modified

Outdoor Features

  • In Ground Pool
  • Deck

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 044041 A00090

Community Details

Overview

  • Property has a Home Owners Association
  • $328 Maintenance Fee
  • Association fees include some utilities, 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 Apartments Subdivision
  • Property managed by Wright Property Mgmt

Amenities

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

Recreation

  • Recreation Facilities

Pet Policy

  • No Pets Allowed

Security

  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$775

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
  • MLS Map #: 754C
  • MAAR Subdivision Name: FAIRWAY TOWERS APARTMENTS
  • Condo: Yes
  • Handicap Design: Grab Bars
  • List Price Per Sq Ft: 78
  • Number Of Stories: 1
  • Price Per Sq Ft: 73.07
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 958
  • Termite Contract: Yes
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down, Primary Down, Full Bath Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedrooms: 1
  • Bedrooms Down: 1
  • Floors/Ceilings: Part Carpet, Tile, Smooth Ceiling, Sprayed Ceiling
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Self Cleaning Oven, Disposal, Dishwasher, Microwave, Refrigerator, Cable Wired
  • Living Dining Kitchen: LR/DR Combination, Updated/Renovated Kitchen, Pantry
  • Misc Interior: All Window Treatments, Handicap Design, Cat/Dog Free House, 2 or More Elevators, Trash Chute, Common Basement
  • 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, Walk-In Closet, Full Bath, Carpet

Exterior Features

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

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2D
  • Parking Storage: Front-Load Garage, 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, Public Water, Public Sewer

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, Management Fees, Exterior Insurance, Reserve Fund, Pest Control Contract
  • Condominium Association: Yes
  • Condominium Name: Fairway Towers
  • Management Company: Wright Property Mgmt
  • Neighborhood Amenities: Pool, Recreation Facilities

Fee Information

  • Monthly Maintenance Fee: 328

Lot Info

  • Lot Number: UNIT 9H
  • Acreage: 2.91
  • Price Per Acre: 25773

Multi Family

  • Number Of Rooms: 3

Tax Info

  • Assessor Parcel Number: 044041 A00090

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2023
Closed on
Aug 25, 2023
Sold by
Burnett Analiza B
Bought by
Garrett Gloria
Seller's Agent
Kathryn Anne Matheny
Crye-Leike, Inc., REALTORS
Buyer's Agent
Cassandra Bell-Warren
4 Success Realty, LLC
List Price
$169,900
Sold Price
$137,500
Premium/Discount to List
-$32,400
-19.07%
Total Days on Market
71
Views
178
Current Estimated Value
$152,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,849
Avg. Annual Appreciation
5.96%
Original Mortgage
$13,750
Interest Rate
7.23%

Purchase Details

Listed on
Jul 19, 2017
Closed on
Oct 13, 2017
Sold by
Dennis John C and Dennis Lori K
Bought by
Burnett Analiza B
Seller's Agent
Louise Jordan
Crye-Leike, Inc., REALTORS
Buyer's Agent
Adam Watson
Keller Williams
List Price
$75,000
Sold Price
$70,000
Premium/Discount to List
-$5,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.19%

Purchase Details

Listed on
Jun 13, 2012
Closed on
Apr 17, 2015
Sold by
Nichols Anita W
Bought by
Dennis John C and Dennis Lori K
Seller's Agent
Louise Jordan
Crye-Leike, Inc., REALTORS
Buyer's Agent
Louise Jordan
Crye-Leike, Inc., REALTORS
List Price
$78,500
Sold Price
$71,500
Premium/Discount to List
-$7,000
-8.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.85%

Purchase Details

Closed on
May 15, 2012
Sold by
Nichols Michael D
Bought by
Nichols Anita W

Purchase Details

Closed on
Jul 28, 2010
Sold by
Nichols Anita W
Bought by
Nichols Michael D

Purchase Details

Closed on
Sep 27, 2007
Sold by
Nichols Anita W
Bought by
Nichols Anita W and Nichols Michael D

Purchase Details

Closed on
Mar 16, 2007
Sold by
Mcclure James and Mcclure Janet
Bought by
Nichols Anita W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 2004
Sold by
Richards Hope S
Bought by
Mcclure James and Mcclure Janet

Purchase Details

Closed on
Jan 26, 2004
Sold by
Roy Bruno C
Bought by
Jackson Dewey B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,859
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 1996
Bought by
Bender Bessie O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
7.67%
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 Type Sale Price Title Company
Warranty Deed $137,500 Preferred Title & Escrow
Warranty Deed $70,000 Executive Title & Closing In
Warranty Deed $71,500 Fntg
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $75,000 None Available
Warranty Deed $62,000 --
Warranty Deed $57,746 Southern Trust Title Company
Deed $45,000 --
Warranty Deed $45,000 Mid South Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $13,750 No Value Available
Open $130,625 New Conventional
Previous Owner $75,000 Purchase Money Mortgage
Previous Owner $54,859 Purchase Money Mortgage
Previous Owner $36,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2023 08/25/23 Sold $137,500 -2.4% $138 / Sq Ft
07/11/2023 07/11/23 Price Changed $140,900 -2.8% $141 / Sq Ft
07/05/2023 07/05/23 Price Changed $144,900 -3.3% $145 / Sq Ft
06/15/2023 06/15/23 Price Changed $149,900 -6.3% $150 / Sq Ft
06/02/2023 06/02/23 Price Changed $159,900 -5.9% $160 / Sq Ft
05/26/2023 05/26/23 For Sale $169,900 +142.7% $170 / Sq Ft
10/13/2017 10/13/17 Sold $70,000 -6.7% $73 / Sq Ft
09/28/2017 09/28/17 Pending -- -- --
07/19/2017 07/19/17 For Sale $75,000 +4.9% $78 / Sq Ft
04/17/2015 04/17/15 Sold $71,500 -8.9% $75 / Sq Ft
03/27/2015 03/27/15 Pending -- -- --
06/13/2012 06/13/12 For Sale $78,500 -- $82 / 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 $775 $36,950 $2,050 $34,900
2024 $23 $22,850 $2,050 $20,800
2023 $1,392 $22,850 $2,050 $20,800
2022 $1,392 $22,850 $2,050 $20,800
2021 $1,408 $22,850 $2,050 $20,800
2020 $1,266 $17,475 $2,050 $15,425
2019 $1,266 $17,475 $2,050 $15,425
2018 $1,266 $17,475 $2,050 $15,425
2017 $718 $17,475 $2,050 $15,425
2016 $612 $14,000 $0 $0
2014 $612 $14,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10007678

Memphis Area Association of REALTORS®

APN: 04-4041-A0-0090