NOT LISTED FOR SALE

7182 Fernbank Ln Memphis, TN 38125

Southern Shelby County Neighborhood

Estimated Value: $233,000 - $291,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$157/Sq Ft Est. Value

Last Sold June 12, 2017

Last sale price $132,350 $83 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $1,448/month

Highlights

  • Landscaped Professionally
  • Traditional Architecture
  • Attic
  • Vaulted Ceiling
  • Whirlpool Bathtub
  • Great Room

About This Home

As of June 2017

With over 1500 sq. ft - this home offers a tile entry, open greatroom and kitchen with a breakfast bar, split bedroom plan, high ceilings, walk in closet, large master bath with double sinks and make-up vanity! There is a spacious corner whirlpool tub and nice walk-in marble shower. The home only has county taxes and close to the Mississippi state line.

Last Agent to Sell the Property

Christine Lundy

Key Connect Group, LLC License #280316 Listed on: 05/08/2017

Key Connect Group, LLC

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,398

Year Built

  • Built in 2003

Lot Details

  • 8,276 Sq Ft Lot
  • Landscaped Professionally
  • Level Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,519 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Entrance Foyer
  • Great Room
  • Breakfast Room
  • Den with Fireplace
  • Laundry closet
  • Attic

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Partially Carpeted
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Possible Extra Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Separate Shower

Home Security

  • Home Security System
  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Millers Grove 1St Addn Sec B Subdivision

Listing and Financial Details

  • Assessor Parcel Number D0255B D00058

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,398

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Riverdale
  • MLS Map #: 789C
  • MAAR Subdivision Name: MILLERS GROVE 1ST ADD SEC B
  • List Price Per Sq Ft: 99
  • Number Of Stories: 1
  • Price Per Sq Ft: 87.13
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1519
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Breakfast Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down, Primary Down, Vaulted/Coffered Primary, Split Bedroom Plan, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Full Bath Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1, Carpet
  • Bedroom 3 Description: Level 1, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Ventless Gas Fireplace, In Den/Great Room
  • Floors/Ceilings: Part Carpet, Tile, Vinyl Floor, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Disposal, Dishwasher, Refrigerator, Cable Wired
  • Living Dining Kitchen: Great Room, Breakfast Bar, Separate Breakfast Room, Pantry
  • Misc Interior: Walk-In Closet(s), Walk-In Attic, Security System, Smoke Detector(s), Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet, Internal Expansion Area, Entry Hall
  • Total Bathrooms: 2
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Vaulted/Coffered Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Vaulted/Coffered Ceiling, Carpet

Exterior Features

  • Misc Exterior: Porch, Patio
  • Exterior Windows: Brick Veneer, Double Pane Window(s), Storm Door(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: Garage Door Opener(s), Front-Load Garage

Utilities

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

Lot Info

  • Lot Description: Level, Professionally Landscaped
  • Lot Number: 130
  • Acreage: 0.19
  • Lot Size: 8383 SF 60 X 139.37
  • Price Per Acre: 789474

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: D0255B D00058

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2017
Closed on
Jun 15, 2017
Sold by
Meeks Terrick and Meeks Tangela Meeks
Bought by
C S M A Blt Llc and Csma Blt Llc
Seller's Agent
Christine Lundy
Key Connect Group, LLC
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$150,000
Sold Price
$132,350
Premium/Discount to List
-$17,650
-11.77%
Current Estimated Value
$251,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,658
Avg. Annual Appreciation
8.00%
Interest Rate
3.91%

Purchase Details

Closed on
Nov 4, 2003
Sold by
Mark Matthews Development Llc
Bought by
Meeks Terrick and Meeks Tangela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,456
Interest Rate
5.93%
Mortgage Type
FHA

Purchase Details

Closed on
May 16, 2003
Sold by
Columbia Investment Co
Bought by
Mark Matthews Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$991,600
Interest Rate
5.81%
Mortgage Type
Construction
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
C S M A Blt Llc $132,350 --
Meeks Terrick $154,670 --
Mark Matthews Development Llc $280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed C S M A Blt Llc --
Previous Owner Meeks Terrick $153,456
Previous Owner Mark Matthews Development Llc $991,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2017 06/12/17 Sold $132,350 -11.8% $95 / Sq Ft
05/25/2017 05/25/17 Pending -- -- --
05/08/2017 05/08/17 For Sale $150,000 -- $107 / 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 $1,398 $61,275 $14,000 $47,275
2024 $1,398 $41,250 $8,750 $32,500
2023 $1,398 $41,250 $8,750 $32,500
2022 $1,398 $41,250 $8,750 $32,500
2021 $1,598 $46,325 $8,750 $37,575
2020 $1,352 $33,375 $8,750 $24,625
2019 $1,352 $33,375 $8,750 $24,625
2018 $1,352 $33,375 $8,750 $24,625
2017 $1,372 $33,375 $8,750 $24,625
2016 $1,220 $27,925 $0 $0
2014 $1,220 $27,925 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Christine Lundy

    Seller's Agent in 2017

    Christine Lundy

    Key Connect Group, LLC

    (901) 340-9178

    1 in this area

    98 Total Sales

    Christine Lundy
    Section Image

  • B

    Buyer's Agent in 2017

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    5 in this area

    432 Total Sales

    Bradley Reedy
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10001921

Memphis Area Association of REALTORS®

APN: D0-255B-D0-0058

Tennessee Shelby County Memphis 38125 Southern Shelby County

7182 Fernbank Ln, Memphis, TN

This home is located at 7182 Fernbank Ln, Memphis, TN 38125 since 08 May 2017 and is currently estimated at $251,008, approximately $156 per square foot. This property was built in 2003. 7182 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.

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