NOT LISTED FOR SALE

2939 Mountain Terrace St Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $119,000 - $150,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$83/Sq Ft Est. Value

Last Sold July 14, 2022

Last sale price $145,000 $91 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $784/month

21 Days on Market

Highlights

  • Traditional Architecture
  • Den
  • Tile Flooring
  • 1 Fireplace
  • Eat-In Kitchen
  • Central Heating and Cooling System

About This Home

As of July 2022

Must see this renovated home priced to sell quickly. Laminate floors. Granite counters. Renovated beautiful bathrooms. HVAC was just serviced. Roof cleaned. New water heater. Easy to show. Appointment required. Owner/Agent Repairing ceiling this week

Last Agent to Sell the Property

Justin Yarbrough

JASCO Realty License #322421 Listed on: 06/10/2022

Last Buyer's Agent

Joy Crenshaw

REMAX Experts License #343907

REMAX Experts

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $697

Year Built

  • Built in 1970

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 80x140

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,405 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • 1 Fireplace
  • Den
  • Eat-In Kitchen

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Grandview Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 072047 B00062

Home Details

Home Type

Single Family

Est. Annual Taxes

$697

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 727D
  • MAAR Subdivision Name: GRANDVIEW HEIGHTS
  • List Price Per Sq Ft: 103
  • Number Of Stories: 1
  • Price Per Sq Ft: 103.2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1405
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Renovated Bathroom, Full Bath Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors, Tile, Smooth Ceiling
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Den, Eat-In Kitchen
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Full Bath, Smooth Ceiling

Exterior Features

  • Exterior Windows: Brick Veneer

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Number: 10
  • Acreage: 0.26
  • Lot Size: 80X140
  • Price Per Acre: 557692

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 072047 B00062

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2022
Closed on
Jul 22, 2022
Sold by
Local Property Source Llc
Bought by
Huggins Shana
Seller's Agent
Justin Yarbrough
JASCO Realty
Buyer's Agent
Joy Crenshaw
REMAX Experts
List Price
$145,000
Sold Price
$145,000
Current Estimated Value
$133,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,866
Avg. Annual Appreciation
-3.51%
Original Mortgage
$148,335
Outstanding Balance
$142,661
Interest Rate
5.78%
Mortgage Type
VA
Estimated Equity
-$12,965

Purchase Details

Closed on
Sep 30, 2021
Sold by
Murrell Calvin
Bought by
Independent Bank Mortgage Divison

Purchase Details

Closed on
May 26, 2020
Sold by
Independent Bank Mortgage Division
Bought by
Local Property Source Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
3.24%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 10, 2019
Closed on
Mar 29, 2019
Sold by
Craftman Ventura Group Llc
Bought by
Murrell Calvin
Seller's Agent
Carolyn McAfee
Hayes Homes and Realty, Inc
Buyer's Agent
Michelle Hayes Thomas
Hayes Homes and Realty, Inc
List Price
$95,000
Sold Price
$82,000
Premium/Discount to List
-$13,000
-13.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.40%
Original Mortgage
$79,540
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 30, 2018
Closed on
Nov 15, 2018
Sold by
Citibank Na
Bought by
Craftman Group Ventura Llc
Seller's Agent
Ed Engelke
United Real Estate Mid South
Buyer's Agent
Carolyn McAfee
Hayes Homes and Realty, Inc
List Price
$68,300
Sold Price
$44,500
Premium/Discount to List
-$23,800
-34.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
446.23%

Purchase Details

Listed on
Oct 30, 2018
Closed on
Sep 27, 2018
Sold by
Lumpkin Inez W
Bought by
Citibank Na
Seller's Agent
Ed Engelke
United Real Estate Mid South
Buyer's Agent
Carolyn McAfee
Hayes Homes and Realty, Inc
List Price
$68,300
Sold Price
$44,500
Premium/Discount to List
-$23,800
-34.85%
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
Huggins Shana $145,000 Regency Title & Escrow
Independent Bank Mortgage Divison $50,000 None Available
Local Property Source Llc $95,000 Harris Shelton Hanover Walsh P
Murrell Calvin $82,000 Preferred Title & Escrow Llc
Craftman Group Ventura Llc $44,500 Preferred Title And Escrow
Citibank Na $38,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huggins Shana $148,335
Previous Owner Local Property Source Llc $95,000
Previous Owner Murrell Calvin $79,540
Previous Owner Lumpkin Inez W $73,150
Previous Owner Smith Inez $25,951
Previous Owner Lumpkin Inez W $17,272
Previous Owner Lumpkin Inez W $11,591
Previous Owner Lumpkin Inez W $36,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2022 07/14/22 Sold $145,000 0.0% $104 / Sq Ft
06/10/2022 06/10/22 For Sale $145,000 +76.8% $104 / Sq Ft
03/29/2019 03/29/19 Sold $82,000 -3.5% $59 / Sq Ft
03/10/2019 03/10/19 Price Changed $85,000 -10.5% $61 / Sq Ft
01/10/2019 01/10/19 For Sale $95,000 +113.5% $68 / Sq Ft
11/19/2018 11/19/18 Sold $44,500 -34.8% $37 / Sq Ft
10/30/2018 10/30/18 For Sale $68,300 -- $57 / 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 $697 $32,125 $3,000 $29,125
2024 $697 $20,575 $2,250 $18,325
2023 $1,253 $20,575 $2,250 $18,325
2022 $1,253 $20,575 $2,250 $18,325
2021 $710 $20,575 $2,250 $18,325
2020 $888 $12,250 $2,250 $10,000
2019 $392 $12,250 $2,250 $10,000
2018 $392 $12,250 $2,250 $10,000
2017 $401 $12,250 $2,250 $10,000
2016 $516 $11,800 $0 $0
2014 $516 $11,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Justin Yarbrough

    Seller's Agent in 2022

    Justin Yarbrough

    JASCO Realty

    (901) 258-6765

    4 in this area

    79 Total Sales

    Justin Yarbrough
    Section Image
  • Joy Crenshaw

    Buyer's Agent in 2022

    Joy Crenshaw

    RE/MAX

    (901) 825-4362

    4 in this area

    46 Total Sales

    Joy Crenshaw
    Section Image

  • C

    Seller's Agent in 2019

    Carolyn McAfee

    Hayes Homes and Realty, Inc

    (901) 949-0758

    5 in this area

    65 Total Sales

    Carolyn McAfee
    Section Image
  • Michelle Hayes Thomas

    Buyer's Agent in 2019

    Michelle Hayes Thomas

    Hayes Homes and Realty, Inc

    (901) 650-0486

    14 in this area

    256 Total Sales

    Michelle Hayes Thomas
    Section Image
  • Ed Engelke

    Seller's Agent in 2018

    Ed Engelke

    United Real Estate Mid South

    (901) 338-9814

    1 in this area

    139 Total Sales

    Ed Engelke
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10126065

Memphis Area Association of REALTORS®

APN: 07-2047-B0-0062

Tennessee Shelby County Memphis 38127 Frayser

2939 Mountain Terrace St, Memphis, TN

This home is located at 2939 Mountain Terrace St, Memphis, TN 38127 since 10 June 2022 and is currently estimated at $133,134, approximately $83 per square foot. This property was built in 1970. 2939 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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