NOT LISTED FOR SALE

5040 Farmland Way Arlington, TN 38002

Estimated Value: $381,000 - $455,000

4 Beds
3 Baths
2,400-2,599 Sq Ft
$164/Sq Ft Est. Value

Last Sold August 05, 2014

Last sale price $227,267 $87 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $2,466/month

Highlights

  • Vaulted Ceiling
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Rivercrest Elementary School Rated A-
  • Wood Flooring
  • Whirlpool Bathtub

About This Home

As of August 2014

This home is located at 5040 Farmland Way, Arlington, TN 38002 since 01 March 2014 and is currently estimated at $427,427, approximately $178 per square foot. This property was built in 2014. 5040 Farmland Way is a home located in Shelby County with nearby schools including Rivercrest Elementary School, Bon Lin Middle School, and Bartlett High School.

Last Agent to Sell the Property

Jocelyn Cuty

Regency Realty, LLC License #263245 Listed on: 03/01/2014

Last Buyer's Agent

Jocelyn Cuty

Regency Realty, LLC License #263245 Listed on: 03/01/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,693

Year Built

  • Built in 2014 | Under Construction

Lot Details

  • 0.27 Acre Lot
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,400-2,599 Sq Ft Home
  • 2,413 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Gas Fireplace
  • Double Pane Windows
  • Great Room
  • Breakfast Room
  • Den with Fireplace
  • Bonus Room
  • Screened Porch
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

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

Parking

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Walker Farms Pd Phase 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number B0138A A00006

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,693

Year Built

Built in 2014 | Under Construction

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 852A
  • MAAR Subdivision Name: WALKER FARMS PH1
  • Est Date Of Completion: 07/01/2014
  • Freestanding: Yes
  • List Price Per Sq Ft: 93
  • Number Of Stories: 2
  • Price Per Sq Ft: 94.18
  • Prop Construction Status: Under Construction
  • Estimated Sq Ft: 2413
  • Year Built: 2014
  • 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, Breakfast Room
  • Second Story Floor Plan: 4th or More Bedrooms, 1 Bath, Bonus Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Vaulted/Coffered Primary, Split Bedroom Plan, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 2400-2599
  • Bedroom 2 Description: Level 1, Walk-In Closet, Shared Bath
  • Bedroom 3 Description: Level 1, Shared Bath, Smooth Ceiling
  • Bedroom 4 Description: Level 2, Private Full Bath, Smooth Ceiling
  • Bedrooms: 4
  • Bedrooms Down: 3
  • Fireplace: Ventless Gas Fireplace, In Den/Great Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile
  • Full Bathrooms: 3
  • Equipment: Continuous Cleaning Oven, Cooktop, Disposal, Dishwasher, Microwave, Cable Wired
  • Living Dining Kitchen: Great Room, Breakfast Bar, Separate Breakfast Room, Pantry
  • Number Of Fireplaces: 1
  • Other Rooms: Bonus Room
  • Total Bathrooms: 3
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, 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, Vaulted/Coffered Ceiling, Smooth Ceiling

Exterior Features

  • Misc Exterior: Screen Porch, Covered Patio
  • Exterior Windows: Double Pane Window(s)

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 6
  • Acreage: 0.27
  • Lot Size: 104 X 125 IRR
  • Price Per Acre: 831481

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: B0138A A00006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2014
Closed on
Aug 5, 2014
Sold by
Collier Bill Steve and Dino Kathy C
Bought by
Collier Bill Steve and Dino Kathy C
Seller's Agent
Jocelyn Cuty
Regency Realty, LLC
Buyer's Agent
Jocelyn Cuty
Regency Realty, LLC
List Price
$224,500
Sold Price
$227,267
Premium/Discount to List
$2,767
1.23%
Current Estimated Value
$427,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,160
Avg. Annual Appreciation
5.81%
Original Mortgage
$87,250
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 1, 2014
Closed on
Jul 17, 2014
Sold by
Regency Homebuilders Llc
Bought by
Collier Bill Steve and Dino Kathy C
Seller's Agent
Jocelyn Cuty
Regency Realty, LLC
Buyer's Agent
Jocelyn Cuty
Regency Realty, LLC
List Price
$224,500
Sold Price
$227,267
Premium/Discount to List
$2,767
1.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,250
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2014
Sold by
Walker Farms Llc
Bought by
Regency Homebuilders Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
4.24%
Mortgage Type
Construction
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
Collier Bill Steve -- Multiple
Collier Bill Steve $227,267 Memphis Title Co
Regency Homebuilders Llc $24,000 Memphis Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Collier Bill Steve $87,250
Previous Owner Regency Homebuilders Llc $184,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2014 08/05/14 Sold $227,267 +1.2% $95 / Sq Ft
03/01/2014 03/01/14 Pending -- -- --
03/01/2014 03/01/14 For Sale $224,500 -- $94 / 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 $2,693 $108,400 $21,600 $86,800
2024 $2,693 $79,425 $15,000 $64,425
2023 $4,067 $79,425 $15,000 $64,425
2022 $4,067 $79,425 $15,000 $64,425
2021 $4,130 $79,425 $15,000 $64,425
2020 $3,901 $66,350 $10,050 $56,300
2019 $3,901 $66,350 $10,050 $56,300
2018 $3,901 $66,350 $10,050 $56,300
2017 $2,727 $66,350 $10,050 $56,300
2016 $2,703 $61,850 $0 $0
2014 $1,387 $5,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jocelyn Cuty

    Seller's Agent in 2014

    Jocelyn Cuty

    Regency Realty, LLC

    (901) 461-2889

    4 in this area

    98 Total Sales

    Jocelyn Cuty
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3291628

Memphis Area Association of REALTORS®

APN: B0-138A-A0-0006

Tennessee Shelby County Arlington 38002

5040 Farmland Way, Arlington, TN

This home is located at 5040 Farmland Way, Arlington, TN 38002 since 01 March 2014 and is currently estimated at $427,427, approximately $164 per square foot. This property was built in 2014. 5040 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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