NOT LISTED FOR SALE

5011 Farmland Way Arlington, TN 38002

Estimated Value: $467,000 - $484,000

4 Beds
3 Baths
2,400-2,599 Sq Ft
$183/Sq Ft Est. Value

Last Sold June 03, 2019

Last sale price $294,900 $113 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,800/month

Highlights

  • Home Theater
  • New Construction
  • Landscaped Professionally
  • Rivercrest Elementary School Rated A-
  • Updated Kitchen
  • Vaulted Ceiling

About This Home

As of June 2019

Regency's traditional style home features an open, floor plan with gorgeous hardwood floors & vaulted ceilings. The gourmet kitchen offers functionality, blending custom cabinets, granite counters & stainless appliances. Master Suite is downstairs with master bath which offers walk through shower, double sinks & Whirlpool. Photos that are shown are a representation of the floor plan. Some design features are optional and available at an additional cost. See agent for details.

Last Agent to Sell the Property

Edwin Scruggs

BHHS Taliesyn Realty License #258919 Listed on: 03/11/2019

BHHS Taliesyn Realty

Last Buyer's Agent

Evan Mottley

C21 Patterson & Assoc. Real Es License #345004

C21 Patterson & Assoc. Real Es

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,358

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 0.27 Acre Lot
  • Landscaped Professionally
  • Level Lot

HOA Fees

  • $21 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,400-2,599 Sq Ft Home
  • 2,213 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Mud Room
  • Entrance Foyer
  • Great Room
  • Home Theater
  • Den with Fireplace
  • Bonus Room
  • Play Room
  • Attic Access Panel
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Remodeled Bathroom
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Home Security

  • Burglar Security System
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Patio
  • Porch

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Cable TV Available

Community Details

  • Walker Farms Pd Ph 1 Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number B0138A A00049

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,358

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 852A
  • MAAR Subdivision Name: WALKER FARMS PH1
  • List Price Per Sq Ft: 133
  • Number Of Stories: 2
  • Price Per Sq Ft: 133.26
  • Prop Construction Status: New Construction (Never Occupied)
  • Estimated Sq Ft: 2213
  • Year Built: 2019
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Laundry Room
  • Second Story Floor Plan: 4th or More Bedrooms, 1 Bath, Play Room/Rec Room, Bonus Room, Media Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Vaulted/Coffered Primary, Split Bedroom Plan, Renovated Bathroom, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Full Bath Down
  • Estimated Heated Sq Ft Range: 2400-2599
  • Bedroom 2 Description: Level 1, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 3 Description: Level 1, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 4 Description: Level 2, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 5 Description: Level 2, Shared Bath, Smooth Ceiling, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 3
  • Fireplace: Ventless Gas Fireplace, In Den/Great Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 3
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave, Cable Wired
  • Living Dining Kitchen: Great Room, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Pantry, Island In Kitchen
  • Misc Interior: Walk-In Closet(s), Attic Access, Walk-In Attic, Mud Room, Security System, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Entry Hall, Attic
  • Total Bathrooms: 3
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Vaulted/Coffered Ceiling, 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, Vaulted/Coffered Ceiling, Smooth Ceiling, Carpet

Exterior Features

  • Misc Exterior: Porch, Patio, Well Landscaped Grounds
  • Exterior Windows: Brick Veneer, Double Pane Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Driveway/Pad, Garage Door Opener(s)

Utilities

  • Cooling: Central, Ceiling Fan(s), Dual System
  • Heating: Central, Dual System
  • Security: Burglar Alarm, Smoke Detector(s), Dead Bolt Lock(s)
  • Water Sewer: Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 250
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Level, Professionally Landscaped
  • Lot Number: 49
  • Acreage: 0.27
  • Lot Size: 109 X 125 IRR
  • Price Per Acre: 1092222

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: B0138A A00049

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2019
Closed on
May 31, 2019
Sold by
Regency Homebuilders Llc
Bought by
Cowan Sherika and Cowan Marqus
Seller's Agent
Edwin Scruggs
BHHS Taliesyn Realty
Buyer's Agent
Evan Mottley
C21 Patterson & Assoc. Real Es
List Price
$294,900
Sold Price
$294,900
Current Estimated Value
$476,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,467
Avg. Annual Appreciation
7.78%
Original Mortgage
$289,558
Outstanding Balance
$255,103
Interest Rate
4.2%
Mortgage Type
FHA
Estimated Equity
$221,264

Purchase Details

Closed on
Dec 9, 2014
Sold by
Walker Farms Llc
Bought by
Regency Homebuilders Llc
Source: Public Records

Range of Values:

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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
Cowan Sherika $294,900 Memphis Title Company
Regency Homebuilders Llc $90,000 Memphis Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cowan Sherika $289,558
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2019 06/03/19 Sold $294,900 0.0% $123 / Sq Ft
04/12/2019 04/12/19 Pending -- -- --
03/11/2019 03/11/19 For Sale $294,900 -- $123 / 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 $3,358 $123,750 $21,600 $102,150
2024 $3,358 $99,050 $15,000 $84,050
2023 $5,071 $99,050 $15,000 $84,050
2022 $5,071 $99,050 $15,000 $84,050
2021 $4,012 $99,050 $15,000 $84,050
2020 $4,212 $68,400 $10,050 $58,350
2019 $728 $10,050 $10,050 $0
2018 $407 $10,050 $10,050 $0
2017 $597 $10,050 $10,050 $0
2016 $240 $5,500 $0 $0
2014 $240 $5,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Edwin Scruggs

    Seller's Agent in 2019

    Edwin Scruggs

    BHHS Taliesyn Realty

    (901) 466-4012

    7 in this area

    118 Total Sales

    Edwin Scruggs
    Section Image
  • Evan Mottley

    Buyer's Agent in 2019

    Evan Mottley

    C21 Patterson & Assoc. Real Es

    (901) 355-9286

    9 in this area

    64 Total Sales

    Evan Mottley
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10047747

Memphis Area Association of REALTORS®

APN: B0-138A-A0-0049

Tennessee Shelby County Arlington 38002

5011 Farmland Way, Arlington, TN

This home is located at 5011 Farmland Way, Arlington, TN 38002 since 11 March 2019 and is currently estimated at $476,367, approximately $183 per square foot. This property was built in 2019. 5011 Farmland Way is a home located in Shelby County with nearby schools including Rivercrest Elementary School, Bon Lin Middle School, and Bartlett High School.

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