NOT LISTED FOR SALE

5615 Fairlane Cove Memphis, TN 38115

Fox Meadows Neighborhood

Estimated Value: $189,000 - $222,000

3 Beds
2 Baths
2,000 Sq Ft
$103/Sq Ft Est. Value

Last Sold March 13, 2012

Last sale price $79,900 $40 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $1,198/month

Highlights

  • On Golf Course
  • Corner Lot
  • Some Wood Windows
  • Traditional Architecture
  • Den
  • 2 Car Attached Garage

About This Home

As of March 2012

Stately built traditional home on a pretty corner lot. Freshly painted inside and new kitchen floor. Large den with wet bar. A good value in a great neighborhood.

Last Agent to Sell the Property

William Mitchell

Crye-Leike, Inc., REALTORS License #55990 Listed on: 09/23/2011

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Angela Majors

Bespoke Realty License #292661

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,222

Year Built

  • Built in 1965

Lot Details

  • 0.27 Acre Lot
  • On Golf Course
  • Corner Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,000 Sq Ft Home
  • 1-Story Property
  • Fireplace Features Masonry
  • Some Wood Windows
  • Window Treatments
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Wall to Wall Carpet
  • Pull Down Stairs to Attic
  • Iron Doors
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Carport
  • Driveway

Outdoor Features

  • Cove
  • Patio
  • Outdoor Storage

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 074077 00019

Community Details

Overview

  • Fox Meadows Blk D Subdivision

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,222

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 #: 784B
  • MAAR Subdivision Name: FOX MEADOWS BLK D
  • Number Of Stories: 1
  • Price Per Sq Ft: 39.95
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2000
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Masonry, In Living Room
  • Floors/Ceilings: Wall to Wall Carpet
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Eat-In Kitchen, Pantry, Washer/Dryer Connections
  • Misc Interior: All Window Treatments, Pull Down Attic Stairs
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Full Bath, Carpet

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Storage Building, Patio
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking Display: C2A
  • Parking Storage: Driveway/Pad

Utilities

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

Association/Amenities

  • Neighborhood Amenities: Golf Course

Lot Info

  • Lot Description: Golf Course Frontage, Cove, Corner
  • Lot Number: 12
  • Acreage: 0.27
  • Lot Size: .27

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 074077 00019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2011
Closed on
Mar 7, 2012
Sold by
Merwin Leigh Ann and Fraley Michael Lester
Bought by
Arnett Latondra L
Seller's Agent
William Mitchell
Crye-Leike, Inc., REALTORS
Buyer's Agent
Angela Majors
Bespoke Realty
List Price
$85,000
Sold Price
$79,900
Premium/Discount to List
-$5,100
-6%
Current Estimated Value
$205,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,975
Avg. Annual Appreciation
7.22%
Original Mortgage
$77,874
Outstanding Balance
$53,748
Interest Rate
3.97%
Mortgage Type
FHA
Estimated Equity
$152,127

Purchase Details

Closed on
Jun 6, 2011
Sold by
Fraley Chester
Bought by
Merwin Leigh Ann and Fraley Michael Lester
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
Arnett Latondra L $79,900 Realty Title
Merwin Leigh Ann -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arnett Latondra L $77,874
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2012 03/13/12 Sold $79,900 -6.0% $40 / Sq Ft
02/03/2012 02/03/12 Pending -- -- --
09/23/2011 09/23/11 For Sale $85,000 -- $43 / 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 $1,222 $49,675 $5,825 $43,850
2024 $1,222 $36,050 $5,075 $30,975
2023 $2,196 $36,050 $5,075 $30,975
2022 $2,196 $36,050 $5,075 $30,975
2021 $2,222 $36,050 $5,075 $30,975
2020 $1,726 $23,825 $5,075 $18,750
2019 $1,726 $23,825 $5,075 $18,750
2018 $1,726 $23,825 $5,075 $18,750
2017 $979 $23,825 $5,075 $18,750
2016 $938 $21,475 $0 $0
2014 $938 $21,475 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • William Mitchell

    Seller's Agent in 2012

    William Mitchell

    Crye-Leike

    (901) 550-2891

    52 Total Sales

    William Mitchell
    Section Image

  • A

    Buyer's Agent in 2012

    Angela Majors

    Bespoke Realty

    (901) 301-1337

    25 Total Sales

    Angela Majors
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3233016

Memphis Area Association of REALTORS®

APN: 07-4077-0-0019

Tennessee Shelby County Memphis 38115 Fox Meadows

5615 Fairlane Cove, Memphis, TN

This home is located at 5615 Fairlane Cove, Memphis, TN 38115 since 23 September 2011 and is currently estimated at $205,875, approximately $102 per square foot. This property was built in 1965. 5615 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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