See Home Value
Memphis 38117
319 FERNWAY
$305,125*
House - Off Market

319 FERNWAY

Memphis, TN 38117
bedrooms
3 Beds
bathrooms
2 Baths
$270,000 - $328,000
Reference Base Price*
1.74%
Since May 1, 2023
National-US
Primary Model
Sold May 15, 2023
$299,900
$294,467 by Patriot Bank
Mortgage Due May 01, 2053
Sold Jun 27, 2016
$164,000
$154,000 by Community Mortgage Corp
Mortgage Due Jul 01, 2046

About This Property

Move in ready 3 bed 2 bath w/ bonus flex space in Richland Elementary district! The home has had updates done throughout including the floors being refinished in 2015, new roof in 2018, new Hvac 2 months ago, water heater in 2015, new light fixtures throughout, new gutters, new driveway, some trees removed and sodded and all the appliances will stay! This one wont last so dont delay!
Unit Size
-
Days on Market
-
Land Size
0.21 acres
Price per sqft
-
Property Type
House
Property Taxes
$306
HOA Dues
-
Year Built
1954

Price History

Date / Event Date Event Price
May 15, 2023 Sold to Alexandrea Lee Johnson, Mat... $299,900
Sold to Alexandrea Lee Johnson, Mat...
Apr 5, 2023 No longer available -
No longer available
Mar 18, 2023 In contract -
In contract
Mar 8, 2023 Price Decreased $299,900
↓ $10K (3.3%)
Price Decreased
Jan 24, 2023 Listed $310,000
Listed

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,202
  • Lot Size Depth Feet: 1,170
  • Lot Size Frontage Feet: 780
  • Total Building Area: 1,578
  • Gross Building Area: 1,578
  • Building Area: 1,578
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,578
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MENDENHALL ACRES FIRST ADDITION
  • Land Acres: 0.211
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : JOHNSON MATTHEW WAYNE
  • Current Owner 2: JOHNSON ALEXANDREA LEE
  • Previous Owner : DEMPSEY TAYLOR CHASE
  • Previous Owner 2: DEMPSEY SARAH POTEET
  • Owner Before Previous Owner: OTT DAVID ANTHONY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 009201

Zoning

  • Zoning: R-10

Geography

  • District: O
  • Parcel: 06-4011-0-0010
  • Lot: 56
  • Municipality: MEMPHIS
  • Latitude: 35.1399
  • Longitude: -89.895

    Address

  • Full Address: 319 Fernway Cv
  • Address - House Number: 319
  • Address - Street Name: Fernway
  • Address - Suffix Type: Cv
  • State: TN
  • City Name: Memphis
  • Carrier Code: C002
  • 4-Digit Zip Code: 2012
  • Zip Code: 38117

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,631

    Appraisal Valuation

  • Standard Deviation: 0.2747
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 60
  • Final Value: 304,137
  • High Value: 387,712
  • Low Value: 220,563

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $294,467
  • First Open Lien Mortgage Lender: PATRIOT BANK
  • First Open Lien Mortgage Recording Date: May 15, 2023
  • First Open Lien Mortgage Loan Amount: $294,467
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: May 01, 2053

    Market Valuation

  • Market Total Value: $238,400
  • Market Land Value: $39,600
  • Market Improvement Value: $198,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $59,600
  • Assessed Land Value: $9,900
  • Assessed Improvements Value: $49,700

    Sales

  • Current Sale Contract Date: Apr 27, 2023
  • Current Sale Recording Date: May 15, 2023
  • Current Sale Transaction ID: 11906626115
  • Current Sale Price: $299,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 38173
  • Previous Sale Recording Date: Jun 27, 2016
  • Previous Sale Contract Date: Jun 22, 2016
  • Previous Sale Amount: $164,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PATRIOT BANK
  • First Mortgage Transaction Date: May 15, 2023
  • First Mortgage Loan Amount: $294,467
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: May 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: COMMUNITY MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jun 27, 2016
  • Previous Mortgage Loan Amount: $154,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2046



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
-
$272,000 Jan 3, 2023
-
$265/mo
House
3 Beds
1 Bath
-
$254,100 Feb 6, 2023
-
$261/mo
House
3 Beds
1 Bath
-
$299,000 Jan 23, 2023
-
-
House
3 Beds
2 Baths
-
$335,000 Jan 31, 2023
-
-
House
3 Beds
2 Baths
-
$260,000 Jan 27, 2023
-
-

About Memphis


Similar Homes for Sale

Unit for sale at 5208 Rich Road, Memphis, TN 38117

$260,000

  • 3 Beds
  • 2 Baths
5208 Rich Road, Memphis, TN 38117 Listing by Brooke Shannon
Unit for sale at 327 Cecilia Drive, Memphis, TN 38117

$299,000

  • 3 Beds
  • 1 Bath
327 Cecilia Drive, Memphis, TN 38117 Listing by Amy Woods
Unit for sale at 434 North Mendenhall Road, Memphis, TN 38117

$254,100

  • 3 Beds
  • 1 Bath
434 North Mendenhall Road, Memphis, TN 38117 Listing by Monica Mauricio

Nearby Rentals

Unit for rent at 4141 Faxon Ave, Memphis, TN, 38122

$1,395 /mo

  • 3 Beds
  • 1.5 Baths
  • 1,600 ft²
4141 Faxon Ave #4141 Faxon Ave, Memphis, TN, 38122 Listing by Manager
Unit for rent at 1118 Stratford Rd., Memphis, TN, 38122

$1,405 /mo

  • 3 Beds
  • 1.5 Baths
  • 1,248 ft²
1118 Stratford Rd. #1118 Stratford Rd., Memphis, TN, 38122 Listing by Manager


Frequently Asked Questions

When was property at 319 Fernway Cove built and last sold?
The property at 319 Fernway Cove was built in 1954 and last sold on Apr 27, 2023 for $299,900.
How much is this home worth?
The estimated value of the home located at 319 Fernway Cove is $302,899.
What are some comparable homes to 319 Fernway Cove?
There are currently no comparable homes to 319 Fernway Cove.

Quantcast