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4685 Fairley Road

4685 Fairley Road, Memphis, TN 38109
Sold Mar 01, 2021
$60,000
$60,000 by Firstbank
Mortgage Due Mar 01, 2051
Sold Oct 25, 2011
$46,500
$45,320 by Regions Mortgage
Mortgage Due Nov 01, 2041
4685 Fairley Road in Memphis, TN was first built in 1955 and is 69 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a traditional style. It is a single story home. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 4685 Fairley Road has 1,340 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 990 ft and the linear feet between the front and back of the lot is 1,350. In total, the area measurement of the land is 12,632 square feet.

Learn more about the property and building on this page. There is a unknown. The home has a gable style roof made of composition shingle. For those who need parking, there is a detached garage. The garage is 560 sqft. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick veneer. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 4685 Fairley Road sold most recently in Feb 24, 2021 for a total of $60,000. If you work out the math, that's approximately a cost of $44.78 per sqft. Before that, the property was also sold for $46,500 in Oct 4, 2011. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,054 in taxes each year. 4685 Fairley Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $17,300. If we break it down further, the land itself was valued at $2,500. Improvements to the property, however, were assessed at a total of $14,800. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • 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
  • Garage Type: Detached
  • Garage Square Area: 560
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,632
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 990
  • Total Building Area: 1,340
  • Gross Building Area: 1,340
  • Building Area: 1,340
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,340
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: AIRVIEW
  • Land Acres: 0.29
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : CUMMINGS JAMES W
  • Current Owner 2: CUMMINGS DORETHA
  • Previous Owner : WELLS KAREN M
  • Owner Before Previous Owner: PERRIGUEY FRED A
  • Owner Before Previous Owner 2: PERRIGUEY DOVYE D
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Right of Survivorship

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 022700

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 07-6104-0-0004
  • Lot: 64
  • Municipality: MEMPHIS
  • Latitude: 35.0205
  • Longitude: -90.0513

    Address

  • Full Address: 4685 Fairley Rd
  • Address - House Number: 4685
  • Address - Street Name: Fairley
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Memphis
  • Carrier Code: C090
  • 4-Digit Zip Code: 6711
  • Zip Code: 38109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,054

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 397,949
  • High Value: 578,939
  • Low Value: 216,958

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $60,000
  • First Open Lien Mortgage Lender: FIRSTBANK
  • First Open Lien Mortgage Recording Date: Mar 01, 2021
  • First Open Lien Mortgage Loan Amount: $60,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2051

    Market Valuation

  • Market Total Value: $69,200
  • Market Land Value: $10,000
  • Market Improvement Value: $59,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $17,300
  • Assessed Land Value: $2,500
  • Assessed Improvements Value: $14,800

    Sales

  • Current Sale Contract Date: Feb 24, 2021
  • Current Sale Recording Date: Mar 01, 2021
  • Current Sale Transaction ID: 11821779751
  • Current Sale Price: $60,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21023145
  • Previous Sale Recording Date: Oct 25, 2011
  • Previous Sale Contract Date: Oct 04, 2011
  • Previous Sale Amount: $46,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRSTBANK
  • First Mortgage Transaction Date: Mar 01, 2021
  • First Mortgage Loan Amount: $60,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: REGIONS MORTGAGE
  • Previous Mortgage Transaction Date: Oct 25, 2011
  • Previous Mortgage Loan Amount: $45,320
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Nov 01, 2041

About Mc Kellar - Whitehaven-Levi PD



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Frequently Asked Questions

What neighborhood is 4685 Fairley Road located in?
The 4685 Fairley Road is a located in the neighborhood of Mc Kellar - Whitehaven-Levi PD in Mc Kellar - Whitehaven-Levi PD, Memphis.
What is the average sales price for listings in 4685 Fairley Road?
The average sales price for units in 4685 Fairley Road is $0 currently.

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