5142 Fairley Rd

Memphis, TN 38109

$123,900
Last Sold Price
3
Beds
988 Sq. Ft.
$125 / Sq. Ft.
988
Sq. Ft.
$125
per Sq. Ft.
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Closed 6/1/22
Closed 6/1/22
a front view of house with a garden and trees
a view of a house with a garden
a view of a house with backyard and garden
a view of an empty room with wooden floor and a window
a view of an empty room with wooden floor and a window
a view of a kitchen with window
a kitchen with granite countertop white cabinets and sink
a bathroom with a granite countertop toilet a sink and bathtub
an empty room with wooden floor and a window
a view of an empty room
an empty room with wooden floor and windows
a view of an empty room with wooden floor
an empty room with wooden floor and windows

Description

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2022 standards! Target rent = $895 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2022 standards! Target rent = $895 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!
  1. Listed by Jim Reedy • Reedy Group II, LLC

Property Details for 5142 Fairley Road

Area
767D
Style
Traditional
MAAR Subdivision Name
WHITEHAVEN MEADOWS 3RD ADD
Legal Subdivision Name
WHITEHAVEN MEADOWS 3RD ADDN
LISTING UPDATED: 06/02/2022 11:20 AM

Property Details for 5142 Fairley Road

StatusClosed
MLS #10116854
Days on Market1
Taxes$835 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Detached Single Family / No
Year Built1957
Lot Size0.14 AC / 6,098 SF
CountyShelby County
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Location

Listing Courtesy of Reedy Group II, LLC

Sold By Reedy Group II, LLC

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Building Information for 5142 Fairley Road

Stories1Year Built1957Building Size-Lot Size0.14 AC / 6,098 SF

Payment Calculator

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$693 per month

30 year fixed, 6.46% Interest

Principal and Interest

$624

Property Taxes

$70

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 5142 Fairley Road

Summary
Location and General Information
  • Address: 5142 FAIRLEY DR
  • Address Search Number: 5142
  • Directions: Get on Sam Cooper Blvd from Princeton Rd 2 min (0.6 mi) Take I-240 W to US-61 S/S 3rd St. Take exit 7 from I-55 N 16 min (16.9 mi) Continue on US-61 S/S 3rd St. Take Neely Rd to Fairley Rd
  • Map Coordinate: D
  • MLS Map Num: Whitehaven/Fairley
  • Neighborhood Association: None
Parking
  • Parking Display: 1
  • Parking/Storage: Driveway/Pad
Taxes and HOA Information
  • LVT Date: 02-02-2022
Property
Lot Information
  • Lot Size: 96X117
  • Acreage: .14
  • Lot Num: 104
  • Lot Description: Level
  • Parcel ID: 076137 00026
Property and Assessments
  • Detached Unit Type: General Residential
  • Foundation: Slab
  • Prop Construction Status: Existing Property
  • Service Type: Full Service Listing
Utilities
  • Cooling: Central
  • Water & Sewer: Public Water, Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior/Windows: Brick Veneer, Wood/Composition
  • Misc Exterior: Wrought Iron Security Drs
  • Pool Description: None
  • Roof: Composition Shingles
Interior Features
  • 1st Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Br/Bath Info: All Bedrooms Down
  • Apprx Heated Sq Ft Range: 0-999
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms Down: 3.0
  • Den Great Room Dimensions: 0x0
  • Dining Room Dimensions: 0x0
  • Floors/Ceilings: Wood Laminate Floors, Tile
  • Heating: Central
  • Living Room Dimensions: 0x0
  • Living/Dining/Kitchen: Updated/Renovated Kitchen
  • Total Baths: 1

Property History for 5142 Fairley Road

DateEvent & SourcePriceAppreciation
Jan 27, 2026

Permanently Off Market

MAARMLS #10209629

—
Nov 13, 2025

Listed (Active)

MAARMLS #10209629

$114,999—
Jun 2, 2022

Sold (Public Record)

Public Record #1490840031

$123,900

+4674.1% / yr

Jun 1, 2022

Sold

MAARMLS #10116854

$123,900—
Feb 2, 2022

Contract Signed

MAARMLS #10116854

—
Feb 2, 2022

Listed (Active)

MAARMLS #10116854

$123,900—
Jan 19, 2022

Sold (Public Record)

Public Record #1481491656

$30,000

-1.9% / yr

Dec 30, 2013

Sold

MAARMLS #3273160

$35,000—
Dec 20, 2013

Sold (Public Record)

Public Record #391249543

$35,000—
Jul 9, 2013

Contract Signed

MAARMLS #3273160

—
May 27, 2013

Listed (Active)

MAARMLS #3273160

$35,000—
DateEvent & SourcePrice
01/27/2026

Permanently Off Market

MAARMLS #10209629

—
11/13/2025

Listed (Active)

MAARMLS #10209629

$114,999
06/02/2022

Sold (Public Record)

Public Record #1490840031

$123,900

+4674.1% / yr

06/01/2022

Sold

MAARMLS #10116854

$123,900
02/02/2022

Contract Signed

MAARMLS #10116854

—
02/02/2022

Listed (Active)

MAARMLS #10116854

$123,900
01/19/2022

Sold (Public Record)

Public Record #1481491656

$30,000

-1.9% / yr

12/30/2013

Sold

MAARMLS #3273160

$35,000
12/20/2013

Sold (Public Record)

Public Record #391249543

$35,000
07/09/2013

Contract Signed

MAARMLS #3273160

—
05/27/2013

Listed (Active)

MAARMLS #3273160

$35,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5142 Fairley Road

Taxable ValueLand$4,125Additions$18,350Total$22,475
Tax Record2024$1,480 ($123 / month)
Home Facts
Beds3Baths1Total Finished SqFt1,002 SqFtAbove Grade Finished SqFt1,002 SqFtStories1Lot Size6,490 SqFtStyleSingle Family ResidenceYear Built1971ZoningR-6CountySHELBYAPN076-137- - -00026Fireplace TypeHas Fireplace

Schools near 5142 Fairley Road

This home is within Shelby County Schools.
Rating
School
Type
Grades
Distance
Holmes Road Elementary School
Public - PK to 5
Memphis School of Excellence Cordova
Charter - 6 to 12
Fairley High School
Charter - 9 to 12
Memphis School of Excellence Elementary Cordova
Charter - K to 5
Rating
School
Distance
Holmes Road Elementary School
PublicPK to 5

Memphis School of Excellence Cordova
Charter6 to 12

Fairley High School
Charter9 to 12

Memphis School of Excellence Elementary Cordova
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Reedy Group II, LLC

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Services of MAAR and Central West Tennessee Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Compass are identified with the MAAR and Central West Tennessee Association of Realtors logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by MAAR and Central West Tennessee Association of Realtors. Listing information Copyright© 2026 MLS of MAAR and Central West Tennessee Association of Realtors, Inc. All Rights Reserved.