NOT LISTED FOR SALE

5136 Farmland Way Arlington, TN 38002

Estimated Value: $454,646 - $503,000

4 Beds
2.5 Baths
2,800-2,999 Sq Ft
$163/Sq Ft Est. Value

Last Sold July 09, 2015

Last sale price $301,764 $101 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,787/month

Highlights

  • Home Theater
  • Landscaped Professionally
  • Traditional Architecture
  • Rivercrest Elementary School Rated A-
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of July 2015

This home is located at 5136 Farmland Way, Arlington, TN 38002 since 25 March 2015 and is currently estimated at $487,662, approximately $174 per square foot. This property was built in 2015. 5136 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: 03/25/2015

Last Buyer's Agent

Jocelyn Cuty

Regency Realty, LLC License #263245 Listed on: 03/25/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,742

Year Built

  • Built in 2015 | Under Construction

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 95 x 124
  • Landscaped Professionally
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,800-2,999 Sq Ft Home
  • 2,952 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Entrance Foyer
  • Great Room
  • Breakfast Room
  • Dining Room
  • Home Theater
  • Loft
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Double Vanity
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Attic

  • Attic Access Panel
  • Pull Down Stairs to Attic
  • Permanent Attic Stairs

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
  • Heating System Uses Gas

Community Details

  • Walker Farms Pd Phase 1 Final Plat Subdivision

Listing and Financial Details

  • Assessor Parcel Number B0138A A00017

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,742

Year Built

Built in 2015 | 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
  • List Price Per Sq Ft: 102
  • Number Of Stories: 2
  • Price Per Sq Ft: 102.22
  • Prop Construction Status: Under Construction
  • Estimated Sq Ft: 2952
  • Year Built: 2015
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: Primary Down, Vaulted/Coffered Primary, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 2800-2999
  • Bedrooms: 4
  • Bedrooms Down: 1
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Gas Cooking, Disposal, Dishwasher, Microwave
  • Living Dining Kitchen: Separate Dining Room, Great Room, Breakfast Bar, Separate Breakfast Room, Pantry
  • Misc Interior: Walk-In Closet(s), Permanent Attic Stairs, Pull Down Attic Stairs, Attic Access
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Entry Hall, Loft/Balcony, Media Room
  • Total Bathrooms: 2.1
  • 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: Patio, Covered Patio
  • Exterior Windows: Brick Veneer

Garage/Parking

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

Utilities

  • Cooling: Central, Ceiling Fan(s), Dual System
  • Heating: Central, Gas

Lot Info

  • Lot Description: Level, Professionally Landscaped
  • Lot Number: 17
  • Acreage: 0.26
  • Lot Size: 95 X 124
  • Price Per Acre: 1160631

Green Features

  • Green Feature Checklist: Yes

Multi Family

  • Number Of Rooms: 9

Tax Info

  • Assessor Parcel Number: B0138A A00017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2015
Closed on
Jul 9, 2015
Sold by
Regency Homebuilders Llc
Bought by
Houston Timothy M and Houston Marsha L
Seller's Agent
Jocelyn Cuty
Regency Realty, LLC
Buyer's Agent
Jocelyn Cuty
Regency Realty, LLC
List Price
$301,764
Sold Price
$301,764
Current Estimated Value
$487,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,898
Avg. Annual Appreciation
4.77%
Original Mortgage
$275,793
Outstanding Balance
$214,217
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$273,445

Purchase Details

Closed on
Mar 6, 2015
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
$224,200
Interest Rate
3.74%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Houston Timothy M $301,764 Multiple
Regency Homebuilders Llc $32,500 Memphis Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Houston Timothy M $275,793
Previous Owner Regency Homebuilders Llc $224,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2015 07/09/15 Sold $301,764 0.0% $108 / Sq Ft
03/25/2015 03/25/15 Pending -- -- --
03/25/2015 03/25/15 For Sale $301,764 -- $108 / 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 $2,742 $117,675 $21,600 $96,075
2024 $2,742 $80,875 $15,000 $65,875
2023 $4,141 $80,875 $15,000 $65,875
2022 $4,141 $80,875 $15,000 $65,875
2021 $4,206 $80,875 $15,000 $65,875
2020 $4,526 $76,975 $10,050 $66,925
2019 $4,526 $76,975 $10,050 $66,925
2018 $4,526 $76,975 $10,050 $66,925
2017 $3,164 $76,975 $10,050 $66,925
2016 $2,891 $66,150 $0 $0
2014 $240 $5,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9947856

Memphis Area Association of REALTORS®

APN: B0-138A-A0-0017