NOT LISTED FOR SALE

6507 Farnell Ave Memphis, TN 38134

Estimated Value: $242,000 - $258,000

4 Beds
2 Baths
1,756 Sq Ft
$143/Sq Ft Est. Value

Last Sold June 26, 2013

Last sale price $90,000 $51 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $1,462/month

Highlights

  • Landscaped Professionally
  • Traditional Architecture
  • Corner Lot
  • Altruria Elementary School Rated A-
  • Separate Formal Living Room
  • Den with Fireplace

About This Home

As of June 2013

NEW CARPET ALLOWANCE ONE STORY BRICK FOUR BEDROOMS APPROX 1800 SQFT 2 FULL BATHS DOUBLE VANITY BUY, OR RENT $1000, OR RENT TO OWN SEPERATE LIVING ROOM DINING ROOM & DEN W/ REAL MASONRY FIREPLACE ONLY 2 BLOCKS TO GREAT PARK GOOD SCHOOLS PLEASE DRIVE BY O/A

Last Agent to Sell the Property

Richard Scarbrough

BEST Real Estate Company License #53291 Listed on: 04/12/2013

BEST Real Estate Company

Last Buyer's Agent

Elizabeth Hendricks

Groome & Co. License #317026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,565

Year Built

  • Built in 1976

Lot Details

  • 9,583 Sq Ft Lot
  • Landscaped Professionally
  • Corner Lot
  • Level Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,756 Sq Ft Home
  • 1-Story Property
  • Popcorn or blown ceiling
  • Ceiling Fan
  • Fireplace Features Masonry
  • Some Wood Windows
  • Window Treatments
  • Aluminum Window Frames
  • Separate Formal Living Room
  • Dining Room
  • Den with Fireplace
  • Permanent Attic Stairs
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Flooring

  • Wall to Wall Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • 220 Volts

Community Details

  • Cara Rev Subdivision

Listing and Financial Details

  • Assessor Parcel Number B0157W A00059

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,565

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: ALTRURIA RD
  • MLS Map #: 854D
  • MAAR Subdivision Name: CARA
  • Number Of Stories: 1
  • Price Per Sq Ft: 51.25
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1756
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Full Bath Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedroom 2 Description: Level 1, Walk-In Closet, Shared Bath, Carpet
  • Bedroom 3 Description: Level 1, Shared Bath, Carpet
  • Bedroom 4 Description: Level 1, Shared Bath, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Fireplace: Masonry, In Den/Great Room
  • Floors/Ceilings: Wall to Wall Carpet, Vinyl Floor, Sprayed Ceiling
  • 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, Walk-In Closet(s), Permanent Attic Stairs, Cat/Dog Free House, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • 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: Porch, Covered Patio
  • Exterior Windows: Brick Veneer, Wood/Composition, Aluminum Window(s), Storm Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central, Ceiling Fan(s), 220 Wiring
  • Heating: Central, Gas
  • Water Sewer: Public Sewer

Lot Info

  • Lot Description: Some Trees, Level, Corner, Professionally Landscaped
  • Lot Number: 62
  • Acreage: 0.22
  • Lot Size: 85.57/89.20X112.50/88.62

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: B0157W A00059

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2013
Closed on
Jun 26, 2013
Sold by
Scarbrough Richard
Bought by
Shelton Stephen T
Seller's Agent
Richard Scarbrough
BEST Real Estate Company
Buyer's Agent
Elizabeth Hendricks
Groome & Co.
List Price
$100,000
Sold Price
$90,000
Premium/Discount to List
-$10,000
-10%
Current Estimated Value
$251,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,238
Avg. Annual Appreciation
8.70%
Original Mortgage
$10,000
Interest Rate
3.59%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 8, 2008
Sold by
Ferguson Russell W and Ferguson Mandy
Bought by
Hud

Purchase Details

Closed on
May 20, 1999
Sold by
Perkins Arch K and Perkins Sandra W
Bought by
Ferguson Russell W and Ferguson Mandy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,943
Interest Rate
6.87%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Shelton Stephen T $90,000 Realty Title
Hud $121,789 None Available
Ferguson Russell W $111,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Shelton Stephen T $10,000
Previous Owner Ferguson Russell W $110,943
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2013 06/26/13 Sold $90,000 -10.0% $51 / Sq Ft
05/06/2013 05/06/13 Pending -- -- --
04/12/2013 04/12/13 For Sale $100,000 -- $57 / 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 $1,565 $61,000 $13,750 $47,250
2024 $1,565 $46,175 $8,275 $37,900
2023 $2,364 $46,175 $8,275 $37,900
2022 $2,364 $46,175 $8,275 $37,900
2021 $2,401 $46,175 $8,275 $37,900
2020 $2,002 $34,050 $6,725 $27,325
2019 $2,002 $34,050 $6,725 $27,325
2018 $2,002 $34,050 $6,725 $27,325
2017 $1,399 $34,050 $6,725 $27,325
2016 $1,191 $27,250 $0 $0
2014 $1,191 $27,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2013

    Richard Scarbrough

    BEST Real Estate Company

    (901) 753-3491

    2 in this area

    11 Total Sales

    Richard Scarbrough
    Section Image
  • Elizabeth Hendricks

    Buyer's Agent in 2013

    Elizabeth Hendricks

    Groome & Co.

    (901) 800-6285

    22 in this area

    114 Total Sales

    Elizabeth Hendricks
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3269267

Memphis Area Association of REALTORS®

APN: B0-157W-A0-0059

Tennessee Shelby County Memphis 38134

6507 Farnell Ave, Memphis, TN

This home is located at 6507 Farnell Ave, Memphis, TN 38134 since 12 April 2013 and is currently estimated at $251,238, approximately $143 per square foot. This property was built in 1976. 6507 Farnell Ave is a home located in Shelby County with nearby schools including Altruria Elementary School, Elmore Park Middle School, and Bartlett High School.

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