$449,900
$30K PRICE DROP

5023 Farmland Way Bartlett, TN 38002

Estimated payment $2,649/month

Total Views 6,152
5 Beds
3 Baths
2,600-2,799 Sq Ft
$161 Price per Sq Ft

Highlights

  • Popular Property
  • Updated Kitchen
  • Traditional Architecture
  • Rivercrest Elementary School Rated A-
  • Vaulted Ceiling
  • Wood Flooring

About This Home

Beautifully designed and meticulously maintained, this one-owner home built in 2019 offers style, efficiency, and comfort in every detail. Featuring 5 bedrooms (or 4 plus a bonus), soaring 9 ft ceilings with 8 ft doors, and a vaulted great room with balcony/landing overlook, the floorplan is both open and functional. The kitchen includes a large island, gas range with double ovens, and flows seamlessly into the spacious greenroom, perfect for entertaining. The primary suite features a coffered ceiling, large walk-in closet, double vanity, soaking tub, and oversized shower. Upstairs bedrooms are vaulted/coffered for added charm. Energy-efficient features include insulation wrap, tankless water heater, and double-pane aluminum windows, keeping utilities low. Additional highlights: covered patio, side-load spacious garage, two walk-in attics (one expandable with potential hallway access), and Rivercrest Elem/Bon Lin Middle/Bartlett High schools. Truly move-in ready!

Listing Agent

Adam Kalin

Keller Williams License #315579 Listed on: 08/29/2025

Keller Williams

Co-Listing Agent

Jeffrey Chipman

Keller Williams License #276252

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,945

Year Built

  • Built in 2019

Lot Details

  • 0.26 Acre Lot
  • Wood Fence
  • Landscaped
  • Level Lot

HOA Fees

  • $29 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,600-2,799 Sq Ft Home
  • 2,773 Sq Ft Home
  • 1.5-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Some Wood Windows
  • Double Pane Windows
  • Window Treatments
  • Aluminum Window Frames
  • Entrance Foyer
  • Great Room
  • Dining Room
  • Den with Fireplace
  • Loft
  • Bonus Room
  • Pull Down Stairs to Attic

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Double Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Remodeled Bathroom
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Burglar Security System
  • Fire and Smoke Detector
  • Termite Clearance

Parking

  • 2 Car Garage
  • Side Facing Garage
  • Garage Door Opener

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number B0138A A00048

Community Details

Overview

  • Walker Farms Pd Phase 1 Subdivision
  • Property managed by Keith Collins
  • Mandatory home owners association

Security

  • Building Fire Alarm

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,945

Year Built

Built in 2019

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: New Brownsville
  • MAAR Subdivision Name: WALKER FARMS PH1
  • Number Of Stories: 1.5
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2773
  • Termite Contract: Yes
  • Year Built: 2019
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 2 or More Baths, Laundry Room
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 4th or More Bedrooms, 1 Bath
  • 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, Separate Tub & Shower, Full Bath Down
  • Estimated Heated Sq Ft Range: 2600-2799
  • Bedroom 2 Description: Level 1, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 3 Description: Level 2, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 4 Description: Level 2, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 5 Description: Level 2, Shared Bath, Vaulted/Coffered Ceilings, Carpet
  • Bedrooms: 5
  • Bedrooms Down: 2
  • 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, Self Cleaning Oven, Double Oven, Gas Cooking, Disposal, Dishwasher, Microwave
  • Living Dining Kitchen: Separate Dining Room, Great Room, Updated/Renovated Kitchen, Eat-In Kitchen, Pantry, Island In Kitchen, Washer/Dryer Connections
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Pull Down Attic Stairs, Walk-In Attic, Security System, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Bonus Room, Entry Hall, Loft/Balcony, Attic
  • Primary Bathroom Description: Double Sinks, Separate Shower, 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: Covered Patio, Wood Fence
  • Exterior Windows: Brick Veneer, Wood/Composition, Aluminum Window(s), Double Pane Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s), Dual System
  • Heating: Central, Electric
  • Security: Burglar Alarm, Fire Alarm, Smoke Detector(s)
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer, Tankless Water Heater

Association/Amenities

  • Annual Association Fee: 350
  • Management Company: Keith Collins
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Level, Landscaped, Wood Fenced
  • Lot Number: 48
  • Acreage: 0.26
  • Lot Size: 103 X 125 IRR
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: B0138A A00048

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $2,945 $121,500 $21,600 $99,900
2024 $2,945 $86,875 $15,000 $71,875
2023 $4,448 $86,875 $15,000 $71,875
2022 $4,448 $86,875 $15,000 $71,875
2021 $3,518 $86,875 $15,000 $71,875
2020 $4,323 $73,525 $10,050 $63,475
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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/12/2025 11/12/25 Price Changed $449,900 -4.3% $173 / Sq Ft
10/08/2025 10/08/25 Price Changed $469,900 -2.1% $181 / Sq Ft
09/14/2025 09/14/25 For Sale $479,900 0.0% $185 / Sq Ft
09/06/2025 09/06/25 Pending -- -- --
08/29/2025 08/29/25 For Sale $479,900 +57.9% $185 / Sq Ft
05/28/2019 05/28/19 Sold $304,000 -1.9% $95 / Sq Ft View Prior Sale
01/30/2019 01/30/19 Pending -- -- --
01/30/2019 01/30/19 For Sale $310,000 -- $97 / Sq Ft
Source: Memphis Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $304,000 Memphis Title Company
Warranty Deed $195,000 Memphis Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $298,493 FHA
Previous Owner $146,250 Unknown
Source: Public Records

Source: Memphis Area Association of REALTORS®

MLS Number: 10204630

Memphis Area Association of REALTORS®

APN: B0-138A-A0-0048

Tennessee Shelby County Bartlett 38002

5023 Farmland Way, Bartlett, TN

For Sale

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Adam Kalin
Listing Agent
Adam Kalin
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Keller Williams
(901) 235-8204