NOT LISTED FOR SALE

5588 Fairlane Cove Memphis, TN 38115

Fox Meadows Neighborhood

Estimated Value: $208,000 - $278,000

4 Beds
3 Baths
4,128 Sq Ft
$58/Sq Ft Est. Value

About This Home

This home is located at 5588 Fairlane Cove, Memphis, TN 38115 and is currently estimated at $241,071, approximately $58 per square foot. 5588 Fairlane Cove is a home located in Shelby County with nearby schools including Fox Meadows Elementary School, Wooddale High School, and Compass Community School Hickory Hill Campus.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2011
Sold by
Magbee George M
Bought by
Thomas Christopher
Current Estimated Value
$241,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,084
Outstanding Balance
$78,527
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$162,544

Purchase Details

Closed on
May 2, 1997
Sold by
Black Louis B and Black Susan T
Bought by
Magbee George M and Magbee Lesli M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,135
Interest Rate
7.98%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
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
Thomas Christopher $115,000 Preferred Title & Escrow Llc
Magbee George M $132,000 Mid South Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Christopher $112,084
Previous Owner Magbee George M $131,135
Source: Public Records

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 $1,467 $62,725 $5,825 $56,900
2024 $1,467 $43,275 $5,075 $38,200
2023 $2,636 $43,275 $5,075 $38,200
2022 $2,636 $43,275 $5,075 $38,200
2021 $2,667 $43,275 $5,075 $38,200
2020 $2,163 $29,850 $5,075 $24,775
2019 $2,163 $29,850 $5,075 $24,775
2018 $2,163 $29,850 $5,075 $24,775
2017 $1,227 $29,850 $5,075 $24,775
2016 $1,225 $28,025 $0 $0
2014 $1,225 $28,025 $0 $0
Source: Public Records

Map

Tennessee Shelby County Memphis 38115 Fox Meadows

5588 Fairlane Cove, Memphis, TN

This home is located at 5588 Fairlane Cove, Memphis, TN 38115 and is currently estimated at $241,071, approximately $58 per square foot. 5588 Fairlane Cove is a home located in Shelby County with nearby schools including Fox Meadows Elementary School, Wooddale High School, and Compass Community School Hickory Hill Campus.

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