NOT LISTED FOR SALE

1156 Fountain Ct Memphis, TN 38106

South Memphis Neighborhood

Estimated Value: $65,263 - $150,000

4 Beds
2 Baths
1,600-1,799 Sq Ft
$58/Sq Ft Est. Value

Last Sold November 14, 2017

Last sale price $21,000 $12 Per Sq Ft

Est. 396% increase in value since last sale

Current estimated payment $591/month

Highlights

  • Traditional Architecture
  • Attic
  • Porch
  • Wood Flooring
  • Separate Formal Living Room
  • Level Lot

About This Home

As of November 2017

This property is located just southeast of downtown in the historic Soulsville Community. It is just a stones throw away from the Stax Museum, Soulsville Charter School and the Stax Music Academy. It is currently configured as a single family home but offers the unique option of being easily converted to a duplex to provide 2 separate living spaces. This property needs TLC but has great potential. Go to Youtube and type in "On the Ground in Soulsville USA" to see a video from High Ground News

Last Agent to Sell the Property

Nate Linney

4 Success Realty, LLC License #286987 Listed on: 09/29/2017

Last Buyer's Agent

Nate Linney

4 Success Realty, LLC License #286987 Listed on: 09/29/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $453

Year Built

  • Built in 1920

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 54.5x161
  • Chain Link Fence
  • Level Lot

Parking

  • Unassigned Parking

Home Design

  • Traditional Architecture
  • Stucco Exterior

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,736 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Wood Flooring
  • Iron Doors
  • Attic

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Partial Basement

Outdoor Features

  • Porch

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Weaver Subdivision

Listing and Financial Details

  • Assessor Parcel Number 014029 00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$453

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: E McLemore Ave
  • MLS Map #: 747B
  • MAAR Subdivision Name: WEAVER
  • List Price Per Sq Ft: 13
  • Number Of Stories: 1
  • Price Per Sq Ft: 12.1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1736
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 4th of More Bedrooms, 2 or More Baths
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room
  • Misc Interior: Walk-In Attic
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Porch
  • Exterior Windows: Stucco
  • Foundation: Partial Basement, Walk-Out Basement

Garage/Parking

  • Parking Storage: Unassigned Parking

Utilities

  • Cooling: Window Unit(s)
  • Heating: Gas
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Level, Chain Fenced
  • Lot Number: 1
  • Acreage: 0.2
  • Lot Size: 54.5X161
  • Price Per Acre: 112500

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 014029 00001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 10, 2021
Sold by
Carpenter Karl A and Carpenter Jennifer
Bought by
Carpenter Karl A and Carpenter Jennifer
Current Estimated Value
$104,066

Purchase Details

Listed on
Sep 29, 2017
Closed on
Nov 14, 2017
Sold by
Stout Joy Rogers and Long Vaness Rogers
Bought by
Carpenter Karl and Carpenter Jennifer
Seller's Agent
Nate Linney
4 Success Realty, LLC
Buyer's Agent
Nate Linney
4 Success Realty, LLC
List Price
$22,500
Sold Price
$21,000
Premium/Discount to List
-$1,500
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.46%
Original Mortgage
$97,750
Outstanding Balance
$82,039
Interest Rate
3.91%
Mortgage Type
Commercial
Estimated Equity
$22,027
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Carpenter Karl A -- None Available
Carpenter Karl $21,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carpenter Karl $97,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2017 11/14/17 Sold $21,000 -6.7% $13 / Sq Ft
10/10/2017 10/10/17 Pending -- -- --
09/29/2017 09/29/17 For Sale $22,500 -- $14 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $453 $22,480 $2,000 $20,480
2024 $453 $13,360 $1,200 $12,160
2023 $814 $13,360 $1,200 $12,160
2022 $814 $13,360 $1,200 $12,160
2021 $967 $13,360 $1,200 $12,160
2020 $1,223 $16,880 $1,200 $15,680
2019 $539 $16,880 $1,200 $15,680
2018 $539 $16,880 $1,200 $15,680
2017 $552 $16,880 $1,200 $15,680
2016 $792 $18,120 $0 $0
2014 $792 $18,120 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2017

    Nate Linney

    4 Success Realty, LLC

    (901) 683-8229

    2 Total Sales

    Nate Linney
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10012511

Memphis Area Association of REALTORS®

APN: 01-4029-0-0001

Tennessee Shelby County Memphis 38106 South Memphis

1156 Fountain Ct, Memphis, TN

This home is located at 1156 Fountain Ct, Memphis, TN 38106 since 29 September 2017 and is currently estimated at $104,066, approximately $57 per square foot. This property was built in 1920. 1156 Fountain Ct is a home located in Shelby County with nearby schools including Cummings K-8, Hamilton High School, and Memphis Delta Preparatory Charter School.

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