NOT LISTED FOR SALE

2693 Mountain Terrace St Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $181,000 - $261,000

3 Beds
2.5 Baths
2,000-2,199 Sq Ft
$99/Sq Ft Est. Value

Last Sold December 22, 2023

Last sale price $241,000 $110 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $1,314/month

118 Days on Market

Highlights

  • Updated Kitchen
  • Traditional Architecture
  • Whirlpool Bathtub
  • Vaulted Ceiling
  • Main Floor Primary Bedroom
  • Separate Formal Living Room

About This Home

As of December 2023

Updated (new tile flooring in the kitchen, breakfast & baths. New LVP flooring in the living room & upstairs bonus. New water heater) low maintenance brick home. Large rear yard with wood privacy fence & patio. The primary bedroom is down & you'll find two more bedrooms, bonus room & full bath upstairs. Tucked away just off the kitchen you'll find a half bath & laundry room. You only have one next door neighbor surrounded by wooded areas on two sides. Only 12 minutes to the heart of downtown.

Last Agent to Sell the Property

Nancy Moore

Crye-Leike, Inc., REALTORS License #267074 Listed on: 08/22/2023

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Nancy Moore

Crye-Leike, Inc., REALTORS License #267074 Listed on: 08/22/2023

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,015

Year Built

  • Built in 2008

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 69x110
  • Wood Fence
  • Corner Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,000-2,199 Sq Ft Home
  • 2,029 Sq Ft Home
  • 1.5-Story Property
  • Smooth Ceilings
  • Popcorn or blown ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Some Wood Windows
  • Window Treatments
  • Great Room
  • Separate Formal Living Room
  • Breakfast Room
  • Den
  • Bonus Room
  • Attic Access Panel

Kitchen

  • Updated Kitchen
  • Oven or Range
  • Disposal

Flooring

  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Storm Doors
  • Iron Doors

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Terrace Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 072047 00304

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,015

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: James
  • MLS Map #: 727D
  • MAAR Subdivision Name: TERRACE PLACE
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 118.78
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2029
  • Year Built: 2008
  • List Price/ Sq Ft: 121
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Den/Great Room, Kitchen, Primary Bedroom, 1 1/2 Bath, Laundry Room, Breakfast Room
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 1 Bath, Bonus Room
  • Additional Bedroom Bathroom Info: Primary Down, Vaulted/Coffered Primary, Split Bedroom Plan, Renovated Bathroom, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 2000-2199
  • Bedroom 2 Description: Level 2, Carpet
  • Bedroom 3 Description: Level 2, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 1
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet, Tile, Smooth Ceiling, Sprayed Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Cable Available
  • Living Dining Kitchen: Separate Living Room, Great Room, Updated/Renovated Kitchen, Separate Breakfast Room, Washer/Dryer Connections
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Attic Access, Vent Hood/Exhaust Fan
  • Other Rooms: Laundry Room, Bonus Room
  • Total Bathrooms: 2.1
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Vaulted/Coffered Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Vaulted/Coffered Ceiling, Carpet

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Patio, Wood Fence
  • Exterior Windows: Brick Veneer, Wood/Composition, Storm Door(s), Steel Insulated Door(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Driveway/Pad, Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central, Gas
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Level, Corner, Wood Fenced
  • Lot Number: 3
  • Acreage: 0.19
  • Lot Size: 69X110
  • Price Per Acre: 1289474

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 072047 00304

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2023
Closed on
Dec 21, 2023
Sold by
Do Sylvie
Bought by
Nguyen Trinh
Seller's Agent
Nancy Moore
Crye-Leike, Inc., REALTORS
Buyer's Agent
Nancy Moore
Crye-Leike, Inc., REALTORS
List Price
$245,000
Sold Price
$241,000
Premium/Discount to List
-$4,000
-1.63%
Total Days on Market
118
Views
207
Current Estimated Value
$218,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,206
Avg. Annual Appreciation
-6.41%
Original Mortgage
$191,000
Outstanding Balance
$188,325
Interest Rate
7.22%
Mortgage Type
Seller Take Back
Estimated Equity
$30,469

Purchase Details

Closed on
Dec 2, 2022
Sold by
Citizens Bank
Bought by
Do Sylvie

Purchase Details

Closed on
Jul 11, 2022
Sold by
Brock & Scott Pllc
Bought by
Citizens Bank Na

Purchase Details

Listed on
Nov 1, 2017
Closed on
Mar 7, 2018
Sold by
Happy Rental Real Estate Llc
Bought by
Taylor Austin
Seller's Agent
Fred Sengstacke
KAIZEN Realty, LLC
Buyer's Agent
Stacy Hobson
J Hunter Realty
List Price
$92,900
Sold Price
$95,800
Premium/Discount to List
$2,900
3.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.07%
Original Mortgage
$94,064
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 30, 2017
Sold by
Memphis Housing Solution Llc
Bought by
Happy Rental Real Estae Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,019
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 10, 2011
Sold by
Merchants & Farmers Bank
Bought by
Memphis Housing Solutions Llc

Purchase Details

Closed on
Apr 15, 2010
Sold by
Stokes Jaco and Stokes Lasheila
Bought by
Merchants & Farmers Bank

Purchase Details

Closed on
Apr 12, 2010
Sold by
Ellison Ruby
Bought by
Stokes Jaco and Stokes Lasheila

Purchase Details

Closed on
Mar 16, 2009
Sold by
Stokes Jaco and Stokes Lasheila
Bought by
New Age Equities

Purchase Details

Closed on
May 9, 2008
Sold by
Ellison Ruby
Bought by
Stokes Jaco and Stokes Lasheila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,516
Interest Rate
7.25%
Mortgage Type
Construction
Source: Public Records

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Range of Values:

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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
Nguyen Trinh $241,000 Saddle Creek Title
Do Sylvie $112,000 Premium Title Services
Citizens Bank Na $110,372 Brock & Scott Pllc
Taylor Austin $95,800 Close Trak Closing & Title S
Happy Rental Real Estae Llc $35,000 None Available
Memphis Housing Solutions Llc $37,000 Home Surety Title & Escrow L
Merchants & Farmers Bank $54,000 None Available
Stokes Jaco -- None Available
New Age Equities -- None Available
Stokes Jaco $20,000 Edco Title & Closing Service
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Trinh $191,000
Previous Owner Taylor Austin $94,064
Previous Owner Happy Rental Real Estae Llc $36,019
Previous Owner Stokes Jaco $94,516
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2023 12/22/23 Sold $241,000 -1.6% $121 / Sq Ft
08/22/2023 08/22/23 For Sale $245,000 +155.7% $123 / Sq Ft
03/07/2018 03/07/18 Sold $95,800 +3.1% $48 / Sq Ft
02/08/2018 02/08/18 Pending -- -- --
11/01/2017 11/01/17 For Sale $92,900 -- $46 / 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 $1,015 $44,350 $1,900 $42,450
2024 $1,015 $29,950 $1,825 $28,125
2023 $1,824 $29,950 $1,825 $28,125
2022 $1,824 $29,950 $1,825 $28,125
2021 $1,846 $29,950 $1,825 $28,125
2020 $1,844 $25,450 $1,825 $23,625
2019 $813 $25,450 $1,825 $23,625
2018 $813 $25,450 $1,825 $23,625
2017 $833 $25,450 $1,825 $23,625
2016 $1,082 $24,750 $0 $0
2014 $1,082 $24,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nancy Moore

    Seller's Agent in 2023

    Nancy Moore

    Crye-Leike

    (901) 277-0478

    11 in this area

    87 Total Sales

    Nancy Moore
    Section Image
  • Fred Sengstacke

    Seller's Agent in 2018

    Fred Sengstacke

    KAIZEN Realty, LLC

    (901) 674-0837

    20 in this area

    56 Total Sales

    Fred Sengstacke
    Section Image

  • S

    Buyer's Agent in 2018

    Stacy Hobson

    J Hunter Realty

    (901) 483-0412

    118 Total Sales

    Stacy Hobson
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10154985

Memphis Area Association of REALTORS®

APN: 07-2047-0-0304

Tennessee Shelby County Memphis 38127 Frayser

2693 Mountain Terrace St, Memphis, TN

This home is located at 2693 Mountain Terrace St, Memphis, TN 38127 since 22 August 2023 and is currently estimated at $218,794, approximately $99 per square foot. This property was built in 2008. 2693 Mountain Terrace St is a home located in Shelby County with nearby schools including Whitney Achievement Elementary School, Grandview Heights Middle, and Trezevant High School.

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