NOT LISTED FOR SALE

5144 Fairbrook Ave Memphis, TN 38118

Parkway Village Neighborhood

Estimated Value: $154,000 - $191,000

3 Beds
2 Baths
1,600-1,799 Sq Ft
$93/Sq Ft Est. Value

Last Sold March 27, 2015

Last sale price $39,900 $22 Per Sq Ft

Est. 317% increase in value since last sale

Current estimated payment $975/month

12 Days on Market

Highlights

  • Traditional Architecture
  • Some Wood Windows
  • Laundry closet
  • Wood Flooring
  • Living Room
  • Outdoor Storage

About This Home

As of March 2015

Good location for family or rental. Sep. living room, dining room, & den. 3 BRS 2 Baths, storage room.

Last Agent to Sell the Property

Don Varner

Crye-Leike, Inc., REALTORS License #267095 Listed on: 02/20/2015

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Rickie Cornell

First National Realty, REALTOR License #289282

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $903

Year Built

  • Built in 1965

Lot Details

  • 10,019 Sq Ft Lot
  • Wood Fence
  • Level Lot

Parking

  • 2 Parking Spaces

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,696 Sq Ft Home
  • 1-Story Property
  • Popcorn or blown ceiling
  • Fireplace Features Masonry
  • Some Wood Windows
  • Living Room
  • Pull Down Stairs to Attic
  • Laundry closet

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Meadowbrook Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 074001 00053

Home Details

Home Type

Single Family

Est. Annual Taxes

$903

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 772C
  • MAAR Subdivision Name: MEADOWBROOK PARK
  • List Price Per Sq Ft: 29
  • Number Of Stories: 1
  • Price Per Sq Ft: 23.53
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1696
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 1, Carpet
  • Bedroom 3 Description: Level 1, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Masonry
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Sprayed Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Dishwasher, Refrigerator
  • Misc Interior: Pull Down Attic Stairs
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet
  • Total Bathrooms: 2
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Full Bath, Carpet

Exterior Features

  • Misc Exterior: Storage Building, Wood Fence
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Level, Wood Fenced
  • Lot Number: 376
  • Acreage: 0.23
  • Lot Size: .23
  • Price Per Acre: 213043

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 074001 00053

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2015
Closed on
May 5, 2015
Sold by
Cornell Rickie L
Bought by
Cornell Enterprises Inc
Seller's Agent
Don Varner
Crye-Leike, Inc., REALTORS
Buyer's Agent
Rickie Cornell
First National Realty, REALTOR
List Price
$49,000
Sold Price
$39,900
Premium/Discount to List
-$9,100
-18.57%
Current Estimated Value
$166,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,565
Avg. Annual Appreciation
14.79%

Purchase Details

Listed on
Feb 20, 2015
Closed on
Mar 27, 2015
Sold by
Layman John Michael and Young Nanette B
Bought by
Cornell Rickie L
Seller's Agent
Don Varner
Crye-Leike, Inc., REALTORS
Buyer's Agent
Rickie Cornell
First National Realty, REALTOR
List Price
$49,000
Sold Price
$39,900
Premium/Discount to List
-$9,100
-18.57%

Purchase Details

Closed on
Jun 17, 2009
Sold by
Layman John Michael
Bought by
Layman John Michael and Young Nanette B
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
Cornell Enterprises Inc -- None Available
Cornell Rickie L $39,900 Realty Title & Escrow Co Inc
Layman John Michael -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2015 03/27/15 Sold $39,900 -18.6% $25 / Sq Ft
03/04/2015 03/04/15 Pending -- -- --
02/20/2015 02/20/15 For Sale $49,000 -- $31 / 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 $903 $38,125 $5,200 $32,925
2024 $903 $26,650 $3,775 $22,875
2023 $1,623 $26,650 $3,775 $22,875
2022 $1,623 $26,650 $3,775 $22,875
2021 $1,642 $26,650 $3,775 $22,875
2020 $1,290 $17,800 $3,775 $14,025
2019 $1,290 $17,800 $3,775 $14,025
2018 $1,290 $17,800 $3,775 $14,025
2017 $732 $17,800 $3,775 $14,025
2016 $794 $18,175 $0 $0
2014 $794 $18,175 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2015

    Don Varner

    Crye-Leike

    Section Image

  • R

    Buyer's Agent in 2015

    Rickie Cornell

    First National Realty, REALTOR

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9945551

Memphis Area Association of REALTORS®

APN: 07-4001-0-0053

Tennessee Shelby County Memphis 38118 Parkway Village

5144 Fairbrook Ave, Memphis, TN

This home is located at 5144 Fairbrook Ave, Memphis, TN 38118 since 20 February 2015 and is currently estimated at $166,465, approximately $92 per square foot. This property was built in 1965. 5144 Fairbrook Ave is a home located in Shelby County with nearby schools including Evans Elementary School, Wooddale High School, and Cornerstone Prep School.

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