NOT LISTED FOR SALE

2922 Mountain Terrace St Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $119,858 - $152,000

3 Beds
2 Baths
1,800-1,999 Sq Ft
$66/Sq Ft Est. Value

Last Sold April 25, 2017

Last sale price $38,111 $19 Per Sq Ft

Est. 244% increase in value since last sale

Current estimated payment $777/month

93 Days on Market

Highlights

  • Wood Flooring
  • Den
  • Porch
  • Separate Formal Living Room
  • Breakfast Room
  • Central Heating and Cooling System

About This Home

As of April 2017

Exclusive Agency! Hud case # 482-337496, sold as-is. All offers submitted thru hudhomestore, managed by Q Integrated. All agents please sign sheet located in kitchen!

Last Agent to Sell the Property

Kim Laughter-Foley

Laughter Realty Company License #319336 Listed on: 01/11/2017

Co-Listed By

Liz Laughter

Laughter Realty Company License #279163

Last Buyer's Agent

Joe King

Marathon REALTORS, LLC License #291170

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $760

Year Built

  • Built in 1968

Lot Details

  • 0.27 Acre Lot
  • Level Lot

Parking

  • Driveway

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,669 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Breakfast Room
  • Den
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Porch
  • Central Heating and Cooling System

Community Details

  • Grandview Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 072047 B00015

Home Details

Home Type

Single Family

Est. Annual Taxes

$760

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Ranch
  • Detached Unit Type: General Residential
  • MLS Map #: 727D
  • MAAR Subdivision Name: GRANDVIEW HEIGHTS
  • List Price Per Sq Ft: 29
  • Number Of Stories: 1
  • Price Per Sq Ft: 22.83
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1669
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Den, Separate Breakfast Room, Washer/Dryer Connections
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 30
  • Acreage: 0.27
  • Lot Size: .27
  • Price Per Acre: 177778

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 072047 B00015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2017
Sold by
Gp Memphis Cashflow
Bought by
Hedman Sean and Hedman Elsy
Current Estimated Value
$130,965

Purchase Details

Listed on
Jan 11, 2017
Closed on
Apr 21, 2017
Sold by
Carson Ben
Bought by
Gp Memphis Cashflow
Seller's Agent
Kim Laughter-Foley
Laughter Realty Company
Buyer's Agent
Joe King
Marathon REALTORS, LLC
List Price
$60,000
Sold Price
$38,111
Premium/Discount to List
-$21,889
-36.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.57%

Purchase Details

Closed on
Dec 29, 2000
Sold by
Markwell Angela
Bought by
Smith Kenny L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,552
Interest Rate
7.65%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 23, 2000
Sold by
Tomar Enterprizes
Bought by
Markwell Angela

Purchase Details

Closed on
Aug 22, 2000
Sold by
Hud
Bought by
Tomar Enterprizes

Purchase Details

Closed on
Sep 23, 1999
Sold by
Alvin Fisher
Bought by
Hud

Purchase Details

Closed on
May 10, 1995
Bought by
Fisher Alvin
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
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
Hedman Sean $68,900 Commercial Title Group Llc
Gp Memphis Cashflow $30,111 None Available
Smith Kenny L $69,900 --
Secretary Of Housing And Urban Developme -- None Available
Markwell Angela -- --
Tomar Enterprizes $48,700 --
Hud $63,884 --
Fisher Alvin $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Kenny L $3,436
Previous Owner Smith Kenny L $70,552
Closed Smith Kenny L $3,436
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2017 04/25/17 Sold $38,111 -36.5% $21 / Sq Ft
04/14/2017 04/14/17 Pending -- -- --
01/11/2017 01/11/17 For Sale $60,000 -- $33 / 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 $760 $32,525 $3,000 $29,525
2024 $760 $22,425 $2,250 $20,175
2023 $1,366 $22,425 $2,250 $20,175
2022 $1,366 $22,425 $2,250 $20,175
2021 $1,382 $22,425 $2,250 $20,175
2020 $1,263 $17,425 $2,250 $15,175
2019 $1,263 $17,425 $2,250 $15,175
2018 $1,263 $17,425 $2,250 $15,175
2017 $598 $14,550 $2,250 $12,300
2016 $583 $13,350 $0 $0
2014 $583 $13,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2017

    Kim Laughter-Foley

    Laughter Realty Company

    (901) 573-2904

    1 in this area

    50 Total Sales

    Kim Laughter-Foley
    Section Image

  • L

    Seller Co-Listing Agent in 2017

    Liz Laughter

    Laughter Realty Company

    (901) 647-5240

    1 in this area

    7 Total Sales

    Liz Laughter
    Section Image

  • J

    Buyer's Agent in 2017

    Joe King

    Marathon REALTORS, LLC

    (901) 260-3141

    4 in this area

    89 Total Sales

    Joe King
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9995871

Memphis Area Association of REALTORS®

APN: 07-2047-B0-0015

Tennessee Shelby County Memphis 38127 Frayser

2922 Mountain Terrace St, Memphis, TN

This home is located at 2922 Mountain Terrace St, Memphis, TN 38127 since 11 January 2017 and is currently estimated at $130,965, approximately $65 per square foot. This property was built in 1968. 2922 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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