NOT LISTED FOR SALE

3395 Mountain Terrace St Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $63,000 - $98,632

3 Beds
1 Bath
1,400-1,599 Sq Ft
$51/Sq Ft Est. Value

Last Sold August 30, 2024

Last sale price $72,222 $45 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $477/month

63 Days on Market

Highlights

  • Traditional Architecture
  • Level Lot
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of August 2024

Prefect for any investor looking for high returns. Add the in your portfolio today! Currently rented at $850/month 25 Package Deal all are rented and cash flowing! Investors have the flexibility to purchase properties individually, in multiples. The package includes 25 properties for a total price of $1,875,000, generating a combined monthly rental income of $21,841. All properties are in rental-grade condition. Call today for the list of the properties.

Last Agent to Sell the Property

Jeffery Sample

eXp Realty, LLC License #357739 Listed on: 06/17/2024

eXp Realty, LLC

Last Buyer's Agent

Duane Kinnard

Tri-Leake Realty License #335044

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $575

Year Built

  • Built in 1961

Lot Details

  • 10,716

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,599 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Carport
  • Driveway

Additional Features

  • Level Lot
  • Central Heating and Cooling System

Community Details

  • Northwood Manor Re Subdivision

Listing and Financial Details

  • Assessor Parcel Number 072079 00020

Home Details

Home Type

Single Family

Est. Annual Taxes

$575

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 725E
  • MAAR Subdivision Name: NORTHWOOD MANOR RE
  • Number Of Stories: 1
  • Price Per Sq Ft: 45.17
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1599
  • Year Built: 1961
  • List Price/ Sq Ft: 47
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1

Exterior Features

  • Exterior Windows: Brick Veneer

Garage/Parking

  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 34
  • Lot Size: 10710
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 072079 00020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 7, 2020
Sold by
Flippin Jaleea
Bought by
Ashley Homes Llc
Current Estimated Value
$81,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,400
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2019
Sold by
Dorsey James R and Dorsey Shirley D
Bought by
Flippin Jaleea
Source: Public Records

Range of Values:

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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
Ashley Homes Llc $29,000 Closetrak Llc
Flippin Jaleea $17,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ashley Homes Llc $40,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2024 08/30/24 Sold $72,222 -3.7% $52 / Sq Ft
08/19/2024 08/19/24 Pending -- -- --
07/16/2024 07/16/24 Price Changed $75,000 -6.3% $54 / Sq Ft
06/17/2024 06/17/24 For Sale $80,000 -- $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 $575 $22,475 $2,625 $19,850
2024 $575 $16,975 $2,025 $14,950
2023 $1,034 $16,975 $2,025 $14,950
2022 $1,034 $16,975 $2,025 $14,950
2021 $1,229 $16,975 $2,025 $14,950
2020 $900 $12,425 $2,025 $10,400
2019 $397 $12,425 $2,025 $10,400
2018 $397 $12,425 $2,025 $10,400
2017 $406 $12,425 $2,025 $10,400
2016 $529 $12,100 $0 $0
2014 $529 $12,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Jeffery Sample

    eXp Realty, LLC

    (901) 801-2413

    31 in this area

    69 Total Sales

    Jeffery Sample
    Section Image

  • D

    Buyer's Agent in 2024

    Duane Kinnard

    Tri-Leake Realty

    (901) 323-1246

    42 in this area

    123 Total Sales

    Duane Kinnard
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10174901

Memphis Area Association of REALTORS®

APN: 07-2079-0-0020

Tennessee Shelby County Memphis 38127 Frayser

3395 Mountain Terrace St, Memphis, TN

This home is located at 3395 Mountain Terrace St, Memphis, TN 38127 since 17 June 2024 and is currently estimated at $81,158, approximately $50 per square foot. This property was built in 1961. 3395 Mountain Terrace St is a home located in Shelby County with nearby schools including Lucie E. Campbell Elementary School, Georgian Hills Middle School, and Trezevant High School.

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