NOT LISTED FOR SALE

6507 Farnell Ave Memphis, TN 38134

Estimated Value: $215,000 - $275,000

4 Beds
2 Baths
1,756 Sq Ft
$142/Sq Ft Est. Value

Last Sold June 26, 2013

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

Est. 176% increase in value since last sale

Current estimated payment $1,514/month

24 Days on Market

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
$248,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,518
Avg. Annual Appreciation
9.04%
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

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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
Open Shelton Stephen T $33,900
Closed Shelton Stephen T $10,000
Previous Owner Scarbrough Richard $96,000
Previous Owner Ferguson Russell W $110,943
Previous Owner Perkins Arch K $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3269267

Memphis Area Association of REALTORS®

APN: B0-157W-A0-0059