NOT LISTED FOR SALE

323 Fountain Lake Dr Memphis, TN 38120

Audubon Park Neighborhood

Estimated Value: $261,000 - $292,000

2 Beds
2 Baths
1,200-1,399 Sq Ft
$197/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $234,900 $168 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,879/month

27 Days on Market

Highlights

  • Community Lake
  • Traditional Architecture
  • 2 Car Attached Garage
  • Richland Elementary School Rated A-
  • Wood Flooring
  • Eat-In Kitchen

About This Home

As of October 2020

Welcome to Fountain Pointe * Your Gated and Desirable East Memphis Community * Enjoy a traditional home with a two car garage * Recent Roof * Open Floorplan with Vaulted Clgs * Large Windows w/ Plantation Shutters * SS Appliances * Hardwood and Tile in Kitchen and Living Rm * Separate Laundry * Cozy Fireplace * Guest Parking * Minutes from Shelby Farms, Schools and All East Memphis Amenities!

Last Agent to Sell the Property

Taj Schuerman

Keller Williams Realty License #285599 Listed on: 09/25/2020

Keller Williams Realty

Last Buyer's Agent

Amanda Kirkman

KAIZEN Realty, LLC License #335577

KAIZEN Realty, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1999

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 31 x 112
  • Wood Fence
  • Level Lot

HOA Fees

  • $108 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,223 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Gas Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Pull Down Stairs to Attic
  • Iron Doors
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • Gas Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Double Vanity

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Driveway

Utilities

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

Community Details

  • Fountain Pointe Ph A 1 Subdivision
  • Mandatory home owners association
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 068071 B00048

Home Details

Home Type

Single Family

Year Built

Built in 1999

Lot Details

0

HOA Fees

$108 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 756B
  • MAAR Subdivision Name: FOUNTAIN POINTE PH A-1
  • List Price Per Sq Ft: 192
  • Number Of Stories: 1
  • Price Per Sq Ft: 192.07
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1223
  • Year Built: 1999
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Kitchen, Master Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Master Down, Luxury Master Bath, Double Vanity Bath
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1, Carpet
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Fireplace: Vented Gas Fireplace, In Living Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Gas Cooking, Disposal, Dishwasher, Cable Wired
  • Living Dining Kitchen: Separate Living Room, Eat-In Kitchen, Breakfast Bar, Pantry
  • Primary Bathroom Description: Separate Shower, Tile Floor
  • Master Bedroom: Level 1, Walk-In Closet, Full Bath, Vaulted/Coffered Ceiling, Carpet
  • Master Bedroom Dimensions: 15x11
  • Misc Interior: Pull Down Attic Stairs
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer, Double Pane Window(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), Back-Load Garage, Gate Clickers

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Water Sewer: Gas Water Heater, Public Sewer

Association/Amenities

  • Annual Association Fee: 1290
  • Neighborhood Amenities: Lake
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Level, Wood Fenced
  • Lot Number: 48
  • Acreage: 0.08
  • Lot Size: 31 X 112
  • Price Per Acre: 2936250

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 068071 B00048

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2020
Closed on
Oct 22, 2020
Sold by
Schuerman Croteau Nancy Alicia and Croteau Justin Thomas
Bought by
Mccullough Sandra Faye
Seller's Agent
Taj Schuerman
Keller Williams Realty
Buyer's Agent
Amanda Kirkman
KAIZEN Realty, LLC
List Price
$234,900
Sold Price
$234,900
Current Estimated Value
$276,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,347
Avg. Annual Appreciation
3.75%
Original Mortgage
$223,150
Outstanding Balance
$200,266
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$80,328

Purchase Details

Closed on
Aug 16, 2006
Sold by
Household Financial Center Inc
Bought by
Schuerman Alicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,850
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 19, 2006
Sold by
Widdicombe Catherine C
Bought by
Household Financial Center Inc

Purchase Details

Closed on
May 31, 2002
Sold by
Rasmussen Christopher J and Rasmussen Heather A
Bought by
Widdicombe Catherine C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 2001
Sold by
Hosea Julia K and Carruth Julia K
Bought by
Rasmussen Christopher J and Rasmussen Heather A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,680
Interest Rate
7.18%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 12, 1999
Sold by
Lenox Homes Llc
Bought by
Carruth Julia K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,755
Interest Rate
7.66%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Mccullough Sandra Faye $234,900 Saddle Creek Title Llc
Schuerman Alicia $143,000 Multiple
Household Financial Center Inc $94,300 None Available
Widdicombe Catherine C $145,000 Realty Title & Escrow Co
Rasmussen Christopher J $142,800 --
Carruth Julia K $129,838 Southern Escrow Title Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccullough Sandra F $80,000
Open Mccullough Sandra Faye $223,150
Previous Owner Schuerman Alicia $109,630
Previous Owner Schuerman Alicia $135,850
Previous Owner Widdicombe Catherine C $152,411
Previous Owner Widdicombe Catherine C $130,500
Previous Owner Rasmussen Christopher J $141,680
Previous Owner Carruth Julia K $129,755
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $234,900 0.0% $196 / Sq Ft
09/25/2020 09/25/20 For Sale $234,900 -- $196 / 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 -- $67,425 $8,750 $58,675
2024 -- $52,125 $8,725 $43,400
2023 $3,175 $52,125 $8,725 $43,400
2022 $3,175 $52,125 $8,725 $43,400
2021 $1,798 $52,125 $8,725 $43,400
2020 $1,236 $38,675 $8,725 $29,950
2019 $1,236 $38,675 $8,725 $29,950
2018 $1,236 $38,675 $8,725 $29,950
2017 $1,265 $38,675 $8,725 $29,950
2016 $1,608 $36,800 $0 $0
2014 $1,608 $36,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Taj Schuerman

    Seller's Agent in 2020

    Taj Schuerman

    Keller Williams Realty

    (901) 277-4142

    13 in this area

    107 Total Sales

    Taj Schuerman
    Section Image
  • Amanda Kirkman

    Buyer's Agent in 2020

    Amanda Kirkman

    KAIZEN Realty, LLC

    (901) 308-9436

    20 in this area

    191 Total Sales

    Amanda Kirkman
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10085641

Memphis Area Association of REALTORS®

APN: 06-8071-B0-0048

Tennessee Shelby County Memphis 38120 Audubon Park

323 Fountain Lake Dr, Memphis, TN

This home is located at 323 Fountain Lake Dr, Memphis, TN 38120 since 25 September 2020 and is currently estimated at $276,247, approximately $197 per square foot. This property was built in 1999. 323 Fountain Lake Dr is a home located in Shelby County with nearby schools including Richland Elementary School, White Station Middle, and White Station High.

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