When was property at 87 South Fernway Road built and last sold?

The property at 87 South Fernway Road was built in 1951 and last sold on Jan 31, 2002 for $187,900.

How much is this home worth?

The estimated value of the home located at 87 South Fernway Road is $328,250.

What are some comparable homes to 87 South Fernway Road?

Homes that are comparable to 87 South Fernway Road include a house property at 441 Green Acres Road , a townhouse property at 4660 Laurel Oaks Drive , 405 South Perkins Road .

Memphis

38117

87 S FERNWAY

1 / 28

Map

$293,000 - $357,000

● House - Off Market

87 S FERNWAY

Memphis, TN 38117

4 Beds

2 Baths

Sold Mar 01, 2002

$187,900

Hunter Jamie W Hunter Lara M

Buyer

Equicredit Corp Of Tn Inc

Seller

$206,600 by Navy Fcu

Mortgage Due Dec 01, 2045

Sold Nov 20, 2001

$179,900

Equicredit Corp Of Tn Inc

Buyer

Ellis Dora J Ellis Kenneth

Seller

About This Property

Great price per square foot for spacious family home in lovely East Memphis! Oversize primary bedroom with towering windows. Split plan provides for an office option, children's wing and privacy for guests. Sun lit lot features a stately mature magnolia, a covered porch and is perfectly fenced for the family pup. Permanent stairs to spacious second floor storage/expandable area.Recently completed exterior makeover! Excellent neighborhood schools. Zoned f/White Station Elem, Middle & HIgh.

Unit Size

Days on Market

Land Size

0.57 acres

Price per sqft

Property Type

House

Property Taxes

$438

HOA Dues

Year Built

1951

Price History

Date / Event	Date	Event
Apr 14, 2024	No longer available	-
No longer available
Feb 2, 2024	In contract	-
In contract
Dec 22, 2023	Relisted	$325,000
Relisted
Nov 21, 2023	In contract	-
In contract
Oct 6, 2023	Price Increased	$325,000 ↑ $35K (12.1%)
Price Increased
Sep 24, 2023	Price Decreased	$290,000 ↓ $35K (10.8%)
Price Decreased
May 12, 2023	Listed	$325,000
Listed

Property Highlights

Fireplace

Air Conditioning

Building Info

Overview

General

Year Built: 1951

Effective Year Built: 1951
Building Count: 1
Total Rooms: 9
Bedroom Count: 4
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Bathroom Plumbing Fixtures: 6
Building Condition: Average
Building Quality: A
Construction Type: Frame
Building Style: Traditional
Exterior Walls Type: Combination
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: 240
Parking Space Count: 0

Dimensions

Lot Size Square Feet: 24,829

Lot Size Depth Feet: 2,030
Lot Size Frontage Feet: 2,230
Total Building Area: 2,642
Gross Building Area: 2,642
Building Area: 2,642
Building Area Measurement: Living Area

Heating and Cooling

Fireplace Count: 1

Air Conditioning: Central air conditioning
Heating: Central heating
Heated Square Feet: 2,642
Heating Fuel Type: Gas

Utilities

Sewer System: unknown

Water Service: unknown

Building

Property Class: Residential

Subdivision: WALNUT GROVE MENDENHALL RD
Land Acres: 0.57
Standard Land Use Code: Single family residential
Legal Description 1: W S S FERNWAY RD N W COR MENDENHALL RD

Ownership

Current Owner : HUNTER JAMIE W

Current Owner 2: HUNTER LARA M
Previous Owner : EQUICREDIT CORP OF TN INC
Owner Before Previous Owner: ELLIS DORA J
Owner Before Previous Owner 2: ELLIS KENNETH
Is Owner Occupied: Owner-occupied property

Neighborhood

School District Name: Shelby County School District

Census Tract: 009600

Zoning

Zoning: R-10

Geography

Assessors Map Reference: MB 11-57

District: O
Parcel: 05-6019-0-0015
Lot: 19
Municipality: MEMPHIS
Latitude: 35.1286
Longitude: -89.8949

Address

Full Address: 87 S Fernway Rd

Address - House Number: 87
Street Direction: S
Address - Street Name: Fernway
Address - Suffix Type: Rd
State: TN
City Name: Memphis
Carrier Code: C003
4-Digit Zip Code: 3311
Zip Code: 38117

Valuation

Tax

Tax Year: 2023

Tax Amount: $5,254

Appraisal Valuation

Standard Deviation: 0.1089

Valuation Date: Jan 17, 2024
Confidence Score: 89
Final Value: 307,830
High Value: 341,381
Low Value: 274,280

Open Liens

Total Open Liens: 1

Total Open Liens Amount: $206,600
First Open Lien Mortgage Lender: NAVY FCU
First Open Lien Mortgage Recording Date: Jan 15, 2016
First Open Lien Mortgage Loan Amount: $206,600
First Open Lien Mortgage Term: 360
First Open Lien Mortgage Position: 1
First Open Lien Mortgage Loan Type: VA
First Open Lien Mortgage Loan Due Date: Dec 01, 2045

Market Valuation

Market Total Value: $345,000

Market Land Value: $106,300
Market Improvement Value: $238,700

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $86,250
Assessed Land Value: $26,575
Assessed Improvements Value: $59,675

Sales

Current Sale Contract Date: Jan 31, 2002

Current Sale Recording Date: Mar 01, 2002
Current Sale Transaction ID: 1176648089
Current Sale Price: $187,900
Current Sale Document Type: Special Warranty Deed
Current Sale Input Document Number: 02037540
Previous Sale Recording Date: Nov 20, 2001
Previous Sale Contract Date: Aug 31, 2001
Previous Sale Amount: $179,900
Previous Sale Document Type: Trustee's Deed (Certificate of Title)

Last Sale Mortgage

First Mortgage Lender: 1ST TRUST BANK FOR SVGS

First Mortgage Transaction Date: Mar 01, 2002
First Mortgage Loan Amount: $169,100
First Mortgage Terms: 360
First Mortgage Loan Due Date: Feb 01, 2032

Redact Ownership Info

Comparables

441 Green Acres Road

Active

House

4 Beds

2 Baths

$299,000 Oct 19, 2023

$270/mo

367 Green Acres Road

In Contract

House

4 Beds

2 Baths

$359,800 Sep 22, 2023

$252/mo

5146 Peg Lane

In Contract

House

4 Beds

2 Baths

$299,000 Nov 29, 2023

$339/mo

211 Mary Ann Drive

In Contract

House

3 Beds

2 Baths

$367,500 Nov 17, 2022

4660 Laurel Oaks Drive #4660

Active

Townhouse

3 Beds

3 Baths

$304,900 Feb 2, 2024

$294/mo

405 South Perkins Road #250

Active

Townhouse

2 Beds

2 Baths

$299,500 Feb 2, 2024

$213/mo

405 South Perkins Road #360

Active

Townhouse

2 Beds

2 Baths

$315,000 Sep 29, 2023

$246/mo

405 South Perkins Road #220

Active

Townhouse

2 Beds

2 Baths

$319,900 Sep 8, 2023

$225/mo

About Memphis

Stats & Trends

Median Asking:

$199,900

Sale Price/ft²

$145

Below Asking

0.03%

Average Days on Market

Average Home Size

0 ft²

Average Home Age

63.1 years

Currently For Sale

964 Listings

Similar Homes for Sale

Unit for sale at 405 South Perkins Road, Memphis, TN 38117

$319,900

2 Beds
2 Baths

405 South Perkins Road #220, Memphis, TN 38117 Listing by Kendall Haney

$315,000

2 Beds
2 Baths

405 South Perkins Road #360, Memphis, TN 38117 Listing by Danny Burke

$299,500

2 Beds
2 Baths

405 South Perkins Road #250, Memphis, TN 38117 Listing by Sheldon Rosengarten

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Unit for rent at 103 N Fernway Rd, Memphis, TN, 38117

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87 S FERNWAY

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Ownership

Neighborhood

Zoning

Geography

Valuation

Comparables

About Memphis

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions