NOT LISTED FOR SALE

5087 Farmland Way Arlington, TN 38002

Estimated Value: $389,000 - $480,000

4 Beds
3 Baths
3,000-3,199 Sq Ft
$140/Sq Ft Est. Value

Last Sold September 13, 2022

Last sale price $430,000 $134 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,609/month

Highlights

  • Home Theater
  • Updated Kitchen
  • Traditional Architecture
  • Rivercrest Elementary School Rated A-
  • Vaulted Ceiling
  • Main Floor Primary Bedroom

About This Home

As of September 2022

This is a 4 bedroom, 3 bath home. This home has a Bonus plus a media room. Two bedrooms downstairs. Eat in kitchen & dining room. 3000SQ ft. This home is a must see.

Last Agent to Sell the Property

Erika Dean Agba

Crye-Leike, Inc., REALTORS License #355550 Listed on: 05/20/2022

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Tony Vuong

Keller Williams Realty License #351598

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,833

Year Built

  • Built in 2017

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 90 x 125
  • Landscaped

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Vinyl Siding
  • Pier And Beam

Interior Spaces

  • 3,000-3,199 Sq Ft Home
  • 3,069 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Window Treatments
  • Two Story Entrance Foyer
  • Great Room
  • Separate Formal Living Room
  • Dining Room
  • Home Theater
  • Bonus Room
  • Pull Down Stairs to Attic

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Satellite Dish
  • Cable TV Available

Community Details

  • Walker Farms Pd Phase 1 Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number B0138A A00041

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,833

Year Built

Built in 2017

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
  • List Price Per Sq Ft: 143
  • Number Of Stories: 2
  • Price Per Sq Ft: 140.11
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3069
  • Year Built: 2017
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 2 or More Baths, Laundry Room
  • Second Story Floor Plan: 3rd Bedroom, 4th or More Bedrooms, Bonus Room, Media Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 3000-3199
  • Bedroom 2 Description: Level 1, Shared Bath, Vaulted/Coffered Ceilings, Smooth Ceiling, Carpet
  • Bedroom 3 Description: Level 2, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 4 Description: Level 2, Shared Bath, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 2
  • Fireplace: Gas Logs
  • Floors/Ceilings: Wood Laminate Floors, Two Story Foyer
  • Full Bathrooms: 3
  • Equipment: Range/Oven, Double Oven, Gas Cooking, Disposal, Dishwasher, Microwave, Cable Wired, Cable Available, Satellite Dish
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Great Room, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Pantry, Washer/Dryer Connections
  • Misc Interior: All Window Treatments, Pull Down Attic Stairs, Walk-In Attic
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Bonus Room, Media Room
  • Total Bathrooms: 3
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Vaulted/Coffered Ceiling, Carpet

Exterior Features

  • Misc Exterior: Covered Patio
  • Exterior Windows: Brick Veneer, Vinyl Siding
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2
  • Parking Storage: Driveway/Pad, Garage Door Opener(s)

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central, Electric
  • Water Sewer: Public Water, Public Sewer

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Landscaped
  • Lot Number: 41
  • Acreage: 0.25
  • Lot Size: 90 X 125
  • Price Per Acre: 1760000

Multi Family

  • Number Of Rooms: 9

Tax Info

  • Assessor Parcel Number: B0138A A00041

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2016
Closed on
May 9, 2017
Sold by
Regency Homebuilders Llc
Bought by
Efaw Glenn R
Seller's Agent
Jocelyn Cuty
Regency Realty, LLC
Buyer's Agent
Jocelyn Cuty
Regency Realty, LLC
List Price
$300,925
Sold Price
$300,925
Current Estimated Value
$448,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,010
Avg. Annual Appreciation
4.84%
Original Mortgage
$308,867
Outstanding Balance
$257,142
Interest Rate
4.14%
Mortgage Type
VA
Estimated Equity
$191,793

Purchase Details

Closed on
Dec 31, 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
Efaw Glenn R $300,925 Chicago Title
Regency Homebuilders Llc $125,000 Memphis Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Efaw Glenn R $308,867
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/13/2022 09/13/22 Sold $430,000 -2.3% $143 / Sq Ft
08/15/2022 08/15/22 Pending -- -- --
08/12/2022 08/12/22 Price Changed $440,000 +0.9% $147 / Sq Ft
05/20/2022 05/20/22 For Sale $435,900 +44.9% $145 / Sq Ft
05/09/2017 05/09/17 Sold $300,925 0.0% $107 / Sq Ft View Prior Sale
10/29/2016 10/29/16 Pending -- -- --
10/29/2016 10/29/16 For Sale $300,925 -- $107 / 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 $2,833 $118,625 $21,600 $97,025
2024 $2,833 $83,575 $15,000 $68,575
2023 $4,279 $83,575 $15,000 $68,575
2022 $4,279 $83,575 $15,000 $68,575
2021 $3,385 $83,575 $15,000 $68,575
2020 $4,210 $71,600 $10,050 $61,550
2019 $3,795 $71,600 $10,050 $61,550
2018 $2,900 $71,600 $10,050 $61,550
2017 $790 $13,300 $10,050 $3,250
2016 $240 $5,500 $0 $0
2014 $240 $5,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Erika Dean Agba

    Seller's Agent in 2022

    Erika Dean Agba

    Crye-Leike

    (765) 667-9619

    2 in this area

    9 Total Sales

    Erika Dean Agba
    Section Image

  • T

    Buyer's Agent in 2022

    Tony Vuong

    Keller Williams Realty

    (901) 848-2688

    15 in this area

    77 Total Sales

    Tony Vuong
    Section Image
  • Jocelyn Cuty

    Seller's Agent in 2017

    Jocelyn Cuty

    Regency Realty, LLC

    (901) 461-2889

    4 in this area

    98 Total Sales

    Jocelyn Cuty
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10124499

Memphis Area Association of REALTORS®

APN: B0-138A-A0-0041

Tennessee Shelby County Arlington 38002

5087 Farmland Way, Arlington, TN

This home is located at 5087 Farmland Way, Arlington, TN 38002 since 20 May 2022 and is currently estimated at $448,935, approximately $140 per square foot. This property was built in 2017. 5087 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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