NOT LISTED FOR SALE

490 Fairoaks Dr Oakland, TN 38060

Estimated Value: $524,724 - $553,000

4 Beds
4 Baths
4,000-4,499 Sq Ft
$121/Sq Ft Est. Value

Last Sold July 14, 2014

Last sale price $360,000 $80 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,110/month

Highlights

  • On Golf Course
  • Traditional Architecture
  • Keeping Room
  • In Ground Pool
  • Wood Flooring
  • Double Pane Windows

About This Home

As of July 2014

This home is located at 490 Fairoaks Dr, Oakland, TN 38060 since 13 April 2014 and is currently estimated at $543,181, approximately $135 per square foot. This property was built in 2007. 490 Fairoaks Dr is a home located in Fayette County with nearby schools including Oakland Elementary School, West Junior High School, and Fayette Ware Comprehensive High School.

Last Agent to Sell the Property

Arnie Birmingham

Adaro Realty, Inc. License #323555 Listed on: 04/13/2014

Adaro Realty, Inc.

Last Buyer's Agent

Arnie Birmingham

Adaro Realty, Inc. License #323555 Listed on: 04/13/2014

Adaro Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,836

Year Built

  • Built in 2007

Lot Details

  • On Golf Course
  • Landscaped

HOA Fees

  • $17 Monthly HOA Fees

Home Design

  • Traditional Architecture

Interior Spaces

  • 4,000-4,499 Sq Ft Home
  • 3,985 Sq Ft Home
  • 1.5-Story Property
  • Smooth Ceilings
  • Gas Log Fireplace
  • Double Pane Windows
  • Dining Room
  • Keeping Room
  • Wood Flooring
  • Termite Clearance

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • 4 Full Bathrooms
  • Double Vanity

Parking

  • 3 Car Garage
  • Front Facing Garage

Pool

  • In Ground Pool
  • Pool Equipment or Cover

Utilities

  • Central Air
  • Radiant Ceiling

Listing and Financial Details

  • Assessor Parcel Number 087A 087A A00600

Community Details

Overview

  • Fairoaks Planned Develop Subdivision
  • Mandatory home owners association

Recreation

  • Golf Course Community
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,836

Year Built

Built in 2007

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: FAIROAKS PH3
  • List Price Per Sq Ft: 93
  • Number Of Stories: 1.5
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3985
  • Termite Contract: Yes
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Second Story Floor Plan: Dining Room
  • Additional Bedroom Bathroom Info: Luxury Primary Bath, Double Vanity Bath
  • Estimated Heated Sq Ft Range: 4000-4499
  • Bedrooms: 4
  • Bedrooms Down: 2
  • Fireplace: Gas Logs
  • Floors/Ceilings: Part Hardwood, Smooth Ceiling
  • Full Bathrooms: 4
  • Living Dining Kitchen: Keeping/Hearth Room
  • Number Of Fireplaces: 1

Exterior Features

  • Misc Exterior: Pool Cleaning Equipment
  • Exterior Windows: Double Pane Window(s)
  • Pool Description: In Ground

Garage/Parking

  • Number Covered Parking Spaces: 3
  • Parking Display: 3
  • Parking Storage: Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Ceiling Heat

Association/Amenities

  • Annual Association Fee: 200
  • Neighborhood Amenities: Golf Course, Pool
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Golf Course Frontage, Landscaped
  • Lot Number: 156
  • Lot Size: 20,153 SQ FT

Tax Info

  • Assessor Parcel Number: 087A 087A A00600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2014
Closed on
Jul 14, 2014
Sold by
Wingfield Timothy D
Bought by
Key Thomas C and Key Robbie T
Seller's Agent
Arnie Birmingham
Adaro Realty, Inc.
Buyer's Agent
Arnie Birmingham
Adaro Realty, Inc.
List Price
$369,900
Sold Price
$360,000
Premium/Discount to List
-$9,900
-2.68%
Current Estimated Value
$543,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,181
Avg. Annual Appreciation
3.69%
Original Mortgage
$180,000
Outstanding Balance
$137,618
Interest Rate
4.26%
Mortgage Type
New Conventional
Estimated Equity
$405,563
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 Buyer Sale Price Title Company
Key Thomas C $360,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Key Thomas C $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2014 07/14/14 Sold $360,000 -2.7% $90 / Sq Ft
06/21/2014 06/21/14 Pending -- -- --
04/13/2014 04/13/14 For Sale $369,900 -- $92 / 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
2024 $2,836 $109,775 $12,500 $97,275
2023 $2,836 $109,775 $0 $0
2022 $1,880 $109,775 $12,500 $97,275
2021 $1,880 $109,775 $12,500 $97,275
2020 $1,312 $109,775 $12,500 $97,275
2019 $1,766 $87,050 $11,250 $75,800
2018 $1,817 $87,050 $11,250 $75,800
2017 $1,548 $87,050 $11,250 $75,800
2016 $1,548 $81,325 $11,250 $70,075
2015 $1,548 $81,325 $11,250 $70,075
2014 $1,548 $81,325 $11,250 $70,075
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2014

    Arnie Birmingham

    Adaro Realty, Inc.

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9924053

Memphis Area Association of REALTORS®

APN: 087A-A-006.00

Tennessee Fayette County Oakland 38060

490 Fairoaks Dr, Oakland, TN

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