NOT LISTED FOR SALE

5605 Fairlane Cove Memphis, TN 38115

Fox Meadows Neighborhood

Estimated Value: $217,000 - $248,000

4 Beds
2.5 Baths
2,400-2,599 Sq Ft
$89/Sq Ft Est. Value

Last Sold March 11, 2013

Last sale price $90,000 $35 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $1,334/month

Highlights

  • Wooded Lot
  • Wood Flooring
  • Den with Fireplace
  • Traditional Architecture
  • Separate Formal Living Room
  • Some Wood Windows

About This Home

As of March 2013

Very spacious and spotlessly maintained one-owner home on a wooded lot in the Fox Meadows area. 4 large bedrooms, 2.5 baths, eat-in kitchen, family room w/fireplace, formal living/dining rooms, dual heating/cooling systems, 2-car garage & a fenced yard!

Last Agent to Sell the Property

Bill Bates

Crye-Leike, Inc., REALTORS License #204577 Listed on: 04/19/2012

Crye-Leike, Inc., REALTORS

Co-Listed By

Pat Lichterman

Crye-Leike, Inc., REALTORS License #284941

Last Buyer's Agent

Henry Cousins

Assured Real Estate Services License #264968

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,298

Year Built

  • Built in 1968

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 80x140
  • Wood Fence
  • Chain Link Fence
  • Landscaped
  • Level Lot
  • Wooded Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,400-2,599 Sq Ft Home
  • 2,442 Sq Ft Home
  • 2-Story Property
  • Popcorn or blown ceiling
  • Ceiling Fan
  • Fireplace Features Masonry
  • Some Wood Windows
  • Window Treatments
  • Entrance Foyer
  • Separate Formal Living Room
  • Dining Room
  • Den with Fireplace
  • Storage Room
  • Laundry Room
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • All Upper Level Bedrooms
  • Primary Bathroom is a Full Bathroom

Home Security

  • Storm Windows
  • Fire and Smoke Detector
  • Termite Clearance
  • Iron Doors

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Accessible Home Design

  • Grab Bars

Outdoor Features

  • Cove
  • Patio

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Fox Meadows Blk D Subdivision

Listing and Financial Details

  • Assessor Parcel Number 074077 00018

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,298

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: CLARKE RD
  • MLS Map #: 784B
  • MAAR Subdivision Name: FOX MEADOWS BLK D
  • Handicap Design: Grab Bars
  • Number Of Stories: 2
  • Price Per Sq Ft: 36.86
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2442
  • Termite Contract: Yes
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, 1/2 Bath, Laundry Room
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 4th or More Bedrooms, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Up, Primary Up
  • Estimated Heated Sq Ft Range: 2400-2599
  • Bedroom 2 Description: Level 2, Hardwood Floor
  • Bedroom 3 Description: Level 2, Hardwood Floor
  • Bedroom 4 Description: Level 2, Hardwood Floor
  • Bedrooms: 4
  • Fireplace: Masonry, In Den/Great Room, Ash Cleanout
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Vinyl Floor, Sprayed Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Self Cleaning Oven, Disposal, Dishwasher, Microwave, Cable Wired
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Eat-In Kitchen
  • Misc Interior: All Window Treatments, Pull Down Attic Stairs, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Entry Hall
  • Total Bathrooms: 2.1
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 2, Full Bath, Hardwood Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Patio
  • Exterior Windows: Brick Veneer, Wood/Composition, Wood Window(s), Storm Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

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

Utilities

  • Cooling: Central, Ceiling Fan(s), Dual System
  • Heating: Central, Gas, Dual System
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Wooded, Level, Cove, Landscaped, Wood Fenced, Chain Fenced
  • Lot Number: 11
  • Acreage: 0.25
  • Lot Size: 80X140

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 074077 00018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2012
Closed on
Mar 11, 2013
Sold by
Wynn Mary B
Bought by
Murphy Rosie and Murphy Walter
Seller's Agent
Bill Bates
Crye-Leike, Inc., REALTORS
Buyer's Agent
Henry Cousins
Assured Real Estate Services
List Price
$109,900
Sold Price
$90,000
Premium/Discount to List
-$19,900
-18.11%
Current Estimated Value
$230,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,291
Avg. Annual Appreciation
7.77%
Original Mortgage
$88,369
Outstanding Balance
$63,283
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$167,008
Source: Public Records

Range of Values:

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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
Murphy Rosie $90,000 Realty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murphy Rosie $88,369
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2013 03/11/13 Sold $90,000 -18.1% $38 / Sq Ft
11/12/2012 11/12/12 Pending -- -- --
04/19/2012 04/19/12 For Sale $109,900 -- $46 / 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 $1,298 $58,725 $5,825 $52,900
2024 $1,298 $38,300 $5,075 $33,225
2023 $2,333 $38,300 $5,075 $33,225
2022 $2,333 $38,300 $5,075 $33,225
2021 $2,360 $38,300 $5,075 $33,225
2020 $1,779 $24,550 $5,075 $19,475
2019 $1,779 $24,550 $5,075 $19,475
2018 $1,779 $24,550 $5,075 $19,475
2017 $1,009 $24,550 $5,075 $19,475
2016 $1,029 $23,550 $0 $0
2014 $1,029 $23,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bill Bates

    Seller's Agent in 2013

    Bill Bates

    Crye-Leike, Inc., REALTORS

    (901) 461-6677

    53 Total Sales

    Bill Bates
    Section Image
  • Pat Lichterman

    Seller Co-Listing Agent in 2013

    Pat Lichterman

    Crye-Leike, Inc., REALTORS

    (901) 756-8900

    88 Total Sales

    Pat Lichterman
    Section Image

  • H

    Buyer's Agent in 2013

    Henry Cousins

    Assured Real Estate Services

    (901) 949-5285

    1 in this area

    5 Total Sales

    Henry Cousins
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3245741

Memphis Area Association of REALTORS®

APN: 07-4077-0-0018

Tennessee Shelby County Memphis 38115 Fox Meadows

5605 Fairlane Cove, Memphis, TN

This home is located at 5605 Fairlane Cove, Memphis, TN 38115 since 19 April 2012 and is currently estimated at $230,291, approximately $88 per square foot. This property was built in 1968. 5605 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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