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5066 Farmland Way

5066 Farmland Way, Arlington, TN 38002
Sold Oct 30, 2020
$323,500
$304,950 by Mortgage Investors Group Inc
Mortgage Due Nov 01, 2050
Sold Jul 08, 2019
$62,151
$227,260 by Wintrust Mortgage
Mortgage Due Jul 01, 2049
Local assessors in Arlington, TN have categorized 5066 Farmland Way as a residential type of property. The home was built in 2014 and is 10 years old. The property's lot size has been calculated to be 12,150 square feet. The linear feet between the front and back of the lot was measured at 1,350 ft and the front of the lot was measured at 900 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5066 Farmland Way has a total of 2,324 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 420 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. Lots of brick veneer were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 5066 Farmland Way sold most recently in Oct 21, 2020 for a total of $323,500. If you work out the math, that's approximately a cost of $117.89 per sqft. Before that, the property was also sold for $62,151 in Jun 24, 2019. 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 $4,081 in taxes each year. 5066 Farmland Way was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $79,700. If we break it down further, the land itself was valued at $15,000. Improvements to the property, however, were assessed at a total of $64,700. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

Building Features

Driveway

Driveway

Parking

Attached Garage
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 420
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,150
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 900
  • Total Building Area: 2,744
  • Gross Building Area: 2,744
  • Building Area: 2,324
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,324
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WALKER FARMS PD PHASE 1
  • Land Acres: 0.279
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ES FARMLAND WAY SEE MAP GRID# 74J

Ownership

  • Current Owner : CALLENDER RICARDO H
  • Current Owner 2: CALLENDER JESSICA
  • Previous Owner : MOORE JAMES A
  • Previous Owner 2: MOORE DEBRA L
  • Owner Before Previous Owner: MOORE JAMES A
  • Owner Before Previous Owner 2: MOORE DEBRA L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bartlett City School District
  • Census Tract: 020653

Zoning

  • Zoning: RS-6

Geography

  • Assessors Map Reference: MB 259-019
  • District: B
  • Parcel: B0-138A-A0-0009
  • Lot: 9
  • Municipality: BARTLETT
  • Latitude: 35.2642
  • Longitude: -89.824

    Address

  • Full Address: 5066 Farmland Way
  • Address - House Number: 5066
  • Address - Street Name: Farmland
  • Address - Suffix Type: Way
  • State: TN
  • City Name: Bartlett
  • Carrier Code: R001
  • 4-Digit Zip Code: 2503
  • Zip Code: 38002

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,081

    Appraisal Valuation

  • Standard Deviation: 0.1963
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 433,900
  • High Value: 519,109
  • Low Value: 348,691

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $304,950
  • First Open Lien Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Open Lien Mortgage Recording Date: Oct 30, 2020
  • First Open Lien Mortgage Loan Amount: $304,950
  • 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: Nov 01, 2050

    Market Valuation

  • Market Total Value: $318,800
  • Market Land Value: $60,000
  • Market Improvement Value: $258,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $79,700
  • Assessed Land Value: $15,000
  • Assessed Improvements Value: $64,700

    Sales

  • Current Sale Contract Date: Oct 21, 2020
  • Current Sale Recording Date: Oct 30, 2020
  • Current Sale Transaction ID: 11795040685
  • Current Sale Price: $323,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20120103
  • Previous Sale Recording Date: Jul 08, 2019
  • Previous Sale Contract Date: Jun 24, 2019
  • Previous Sale Amount: $62,151
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Mortgage Transaction Date: Oct 30, 2020
  • First Mortgage Loan Amount: $304,950
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: WINTRUST MORTGAGE
  • Previous Mortgage Transaction Date: Jul 08, 2019
  • Previous Mortgage Loan Amount: $227,260
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Jul 01, 2049

About Walker Farms



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Frequently Asked Questions

What neighborhood is 5066 Farmland Way located in?
The 5066 Farmland Way is a house located in the neighborhood of Walker Farms in Walker Farms, Arlington.
What is the average sales price for listings in 5066 Farmland Way?
The average sales price for units in 5066 Farmland Way is $325,000 currently.

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