7091 Fernbank Ln Memphis, TN 38125
Southern Shelby County NeighborhoodEstimated Value: $313,829 - $325,000
4
Beds
3
Baths
2,597
Sq Ft
$123/Sq Ft
Est. Value
About This Home
This home is located at 7091 Fernbank Ln, Memphis, TN 38125 and is currently estimated at $319,457, approximately $123 per square foot. 7091 Fernbank Ln is a home located in Shelby County with nearby schools including Highland Oaks Elementary School, Highland Oaks Middle School, and Southwind High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 28, 2000
Sold by
Bowden Building Corp
Bought by
Newson Gregory B and Minor Newson Jacqueline
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,400
Outstanding Balance
$55,228
Interest Rate
8.12%
Estimated Equity
$264,229
Purchase Details
Closed on
Mar 22, 2000
Sold by
Columbia Investment Company
Bought by
Bowden Building Corp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,400
Interest Rate
8.37%
Mortgage Type
Construction
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Newson Gregory B | $171,515 | Southern Escrow Title Compan | |
Bowden Building Corp | $30,000 | Southern Escrow Title Compan |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Newson Gregory B | $153,400 | |
Previous Owner | Bowden Building Corp | $136,400 |
Source: Public Records
Tax History Compared to Growth
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 | $2,042 | $78,875 | $14,000 | $64,875 |
2024 | $2,042 | $60,250 | $8,750 | $51,500 |
2023 | $2,042 | $60,250 | $8,750 | $51,500 |
2022 | $2,042 | $60,250 | $8,750 | $51,500 |
2021 | $2,079 | $60,250 | $8,750 | $51,500 |
2020 | $1,745 | $43,075 | $8,750 | $34,325 |
2019 | $1,745 | $43,075 | $8,750 | $34,325 |
2018 | $1,745 | $43,075 | $8,750 | $34,325 |
2017 | $1,770 | $43,075 | $8,750 | $34,325 |
2016 | $1,548 | $35,425 | $0 | $0 |
2014 | $1,548 | $35,425 | $0 | $0 |
Source: Public Records
Map
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