NOT LISTED FOR SALE

7214 Fernbank Ln Memphis, TN 38125

Southern Shelby County Neighborhood

Estimated Value: $235,000 - $298,000

3 Beds
2.5 Baths
1,400-1,599 Sq Ft
$164/Sq Ft Est. Value

Last Sold January 27, 2014

Last sale price $95,000 $59 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $1,515/month

Highlights

  • Updated Kitchen
  • Main Floor Primary Bedroom
  • 1 Fireplace
  • Contemporary Architecture
  • Whirlpool Bathtub
  • Corner Lot

About This Home

As of January 2014

The pride of River Grove, this home sits on a huge corner lot. The inside features a large den w/fireplace, eat-in kitchen, and a master en suite. Its only minutes from the stateline and the convenient shopping in MS.

Last Agent to Sell the Property

Khary Goodwin

eXp Realty, LLC License #289490 Listed on: 11/22/2013

eXp Realty, LLC

Co-Listed By

Darnell Tate

Byrd Realty Services, LLC License #224841

Last Buyer's Agent

Michelle Hayes Thomas

Hayes Homes and Realty, Inc License #265701

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,521

Year Built

  • Built in 2002

Lot Details

  • 0.27 Acre Lot
  • Landscaped
  • Corner Lot
  • Level Lot
  • Few Trees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,538 Sq Ft Home
  • 1.5-Story Property
  • 1 Fireplace
  • Some Wood Windows
  • Great Room
  • Wall to Wall Carpet
  • Iron Doors
  • Washer and Dryer Hookup

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • Double Vanity
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Millers Grove 1St Addn Sec B Subdivision

Listing and Financial Details

  • Assessor Parcel Number D0255B D00063

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,521

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Contemporary
  • Detached Unit Type: General Residential
  • MLS Map #: 789C
  • MAAR Subdivision Name: MILLERS GROVE 1ST ADD SEC B
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 61.77
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1538
  • Year Built: 2002
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Renovated Bathroom, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 2
  • Bedroom 3 Description: Level 2
  • Bedrooms: 3
  • Bedrooms Down: 1
  • Floors/Ceilings: Wall to Wall Carpet, Part Carpet
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Living Dining Kitchen: Great Room, Updated/Renovated Kitchen, Eat-In Kitchen, Pantry, Island In Kitchen, Washer/Dryer Connections
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2.1
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer, Wood/Composition

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Driveway/Pad, Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees, Level, Corner, Landscaped
  • Lot Number: 135
  • Acreage: 0.27
  • Lot Size: 12105 SF 185.85 X 84.67

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: D0255B D00063

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2013
Closed on
Jan 27, 2014
Sold by
Donovan Shaun
Bought by
Smith Jacqueline M
Seller's Agent
Khary Goodwin
eXp Realty, LLC
Buyer's Agent
Michelle Hayes Thomas
Hayes Homes and Realty, Inc
List Price
$80,000
Sold Price
$95,000
Premium/Discount to List
$15,000
18.75%
Current Estimated Value
$261,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,700
Avg. Annual Appreciation
9.06%
Original Mortgage
$95,000
Outstanding Balance
$72,069
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$189,631

Purchase Details

Closed on
Oct 16, 2013
Sold by
Pirela Jones Tashawn and Jones Kenneth
Bought by
The Secretary Of Hud

Purchase Details

Closed on
Dec 20, 2002
Sold by
Mark Matthews Development Llc
Bought by
Pirela Jones Tashawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,124
Interest Rate
6.1%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Smith Jacqueline M $35,000 Preferred Title & Escrow
The Secretary Of Hud $81,900 None Available
Pirela Jones Tashawn $159,449 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Jacqueline M $95,000
Previous Owner Pirela Jones Tashawn $158,124
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2014 01/27/14 Sold $95,000 +18.8% $68 / Sq Ft
12/20/2013 12/20/13 Pending -- -- --
11/22/2013 11/22/13 For Sale $80,000 -- $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 $1,521 $63,075 $14,000 $49,075
2024 $1,521 $44,875 $8,750 $36,125
2023 $1,521 $44,875 $8,750 $36,125
2022 $1,521 $44,875 $8,750 $36,125
2021 $1,548 $44,875 $8,750 $36,125
2020 $1,383 $34,150 $8,750 $25,400
2019 $1,383 $34,150 $8,750 $25,400
2018 $1,383 $34,150 $8,750 $25,400
2017 $1,404 $34,150 $8,750 $25,400
2016 $1,257 $28,775 $0 $0
2014 $1,257 $28,775 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2014

    Khary Goodwin

    eXp Realty, LLC

    (901) 483-4904

    1 in this area

    22 Total Sales

    Khary Goodwin
    Section Image

  • D

    Seller Co-Listing Agent in 2014

    Darnell Tate

    Byrd Realty Services, LLC

    Section Image
  • Michelle Hayes Thomas

    Buyer's Agent in 2014

    Michelle Hayes Thomas

    Hayes Homes and Realty, Inc

    (901) 650-0486

    13 in this area

    248 Total Sales

    Michelle Hayes Thomas
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3286013

Memphis Area Association of REALTORS®

APN: D0-255B-D0-0063

Tennessee Shelby County Memphis 38125 Southern Shelby County

7214 Fernbank Ln, Memphis, TN

This home is located at 7214 Fernbank Ln, Memphis, TN 38125 since 22 November 2013 and is currently estimated at $261,700, approximately $163 per square foot. This property was built in 2002. 7214 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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