$95,800
SOLD MAR 7, 2018

2693 Mountain Terrace St Memphis, TN 38127

Frayser Neighborhood
3 Beds
2.5 Baths
2,000-2,199 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$44 Per Sq Ft

3% Above List Price

99 Days on Market

Highlights

  • Traditional Architecture
  • Whirlpool Bathtub
  • Den
  • Main Floor Primary Bedroom
  • Attic
  • Some Wood Windows

About This Home

As of December 2023

Beautiful 3 br 2.5 bath home that has been renovated. The pictures give home no justice, it is a must see. Great spaces in home with tons of character. This house you will love once you see it yourself.

Last Agent to Sell the Property

Fred Sengstacke

KAIZEN Realty, LLC License #320751 Listed on: 11/01/2017

KAIZEN Realty, LLC

Last Buyer's Agent

Stacy Hobson

J Hunter Realty License #303816

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,015

Year Built

  • Built in 2008

Lot Details

  • 8,276 Sq Ft Lot
  • Landscaped
  • Level Lot

Home Design

  • Traditional Architecture
  • Property Attached
  • 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
  • Some Wood Windows
  • Dining Room
  • Den
  • Fire and Smoke Detector
  • Laundry Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Flooring

  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Parking

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

Outdoor Features

  • Patio

Location

  • Ground Level
  • Upper Level

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • Terrace Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 072047 00304

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,015

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: First Floor Flat, Upstairs - Flat
  • Detached Unit Type: General Residential
  • MLS Map #: 727D
  • MAAR Subdivision Name: TERRACE PLACE
  • List Price Per Sq Ft: 47
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 47.22
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2029
  • Year Built: 2008
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 1 1/2 Bath, Laundry Room
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Renovated Bathroom, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Half Bath Down
  • Estimated Heated Sq Ft Range: 2000-2199
  • Bedroom 2 Description: Level 2, Shared Bath, Carpet
  • Bedroom 3 Description: Level 2, Shared Bath
  • Bedrooms: 3
  • Bedrooms Down: 1
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet, Tile, Smooth Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Dishwasher
  • Living Dining Kitchen: Separate Dining Room, Separate Den, Eat-In Kitchen
  • Misc Interior: Walk-In Closet(s), Walk-In Attic, Smoke Detector(s)
  • Other Rooms: Laundry Closet, Attic
  • Total Bathrooms: 2.1
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Smooth Ceiling, Carpet

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2
  • Parking Storage: Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Security: Smoke Detector(s)
  • Water Sewer: Electric Water Heater

Lot Info

  • Lot Description: Level, Landscaped
  • Lot Number: 3
  • Acreage: 0.19
  • Lot Size: 69 X 110 IRR
  • Price Per Acre: 504211

Multi Family

  • Number Of Rooms: 6

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%
Views
207
Current Estimated Value
$207,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$33,959
Avg. Annual Appreciation
-9.11%
Original Mortgage
$191,000
Outstanding Balance
$188,325
Interest Rate
7.22%
Mortgage Type
Seller Take Back
Estimated Equity
$18,716

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
10.99%
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 Type Sale Price Title Company
Warranty Deed $241,000 Saddle Creek Title
Special Warranty Deed $112,000 Premium Title Services
Deed $110,372 Brock & Scott Pllc
Warranty Deed $95,800 Close Trak Closing & Title S
Warranty Deed $35,000 None Available
Special Warranty Deed $37,000 Home Surety Title & Escrow L
Trustee Deed $54,000 None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed $20,000 Edco Title & Closing Service
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $191,000 Seller Take Back
Previous Owner $94,064 FHA
Previous Owner $36,019 Purchase Money Mortgage
Previous Owner $94,516 Construction
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

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10014784

Memphis Area Association of REALTORS®

APN: 07-2047-0-0304