NOT LISTED FOR SALE

350 Fountain Lake Dr Memphis, TN 38120

Audubon Park Neighborhood

Estimated Value: $306,000 - $335,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$202/Sq Ft Est. Value

Last Sold March 21, 2013

Last sale price $175,000 $109 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $1,905/month

Highlights

  • Water Views
  • Lake On Lot
  • Landscaped Professionally
  • Richland Elementary School Rated A-
  • Gated Parking
  • Vaulted Ceiling

About This Home

As of March 2013

Excellent condition,3bedroom&2bath, brick in gated Fountain Pointe,high ceilings,beautiful hardwd floors,split floorplan,luxury master bath,w/whirlpool tub&shower.Landscaped backyard w/iron fence overlooks the lake.Don't miss this incredible home.

Last Agent to Sell the Property

Marty McClatchy

Crye-Leike, Inc., REALTORS License #249581 Listed on: 01/23/2013

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Beverly Pickens

MidSouth Residential, LLC License #225159

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,237

Year Built

  • Built in 2000

Lot Details

  • 6,534 Sq Ft Lot
  • Wrought Iron Fence
  • Landscaped Professionally
  • Few Trees
  • Zero Lot Line

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,433 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Great Room
  • Den with Fireplace
  • Water Views
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity
  • Bathtub With Separate Shower Stall

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Gated Parking

Outdoor Features

  • Lake On Lot
  • Patio

Utilities

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

Community Details

  • Fountain Pointe Pd Phase A 1 Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 068071 B00057

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,237

Year Built

Built in 2000

Lot Details

0

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
  • Number Of Stories: 1
  • Price Per Sq Ft: 122.12
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1433
  • Year Built: 2000
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Split Bedroom Plan, Luxury Primary Bath, Double Vanity Bath, Separate Tub & Shower, Full Bath Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1, Vaulted/Coffered Ceilings, Smooth Ceiling, Hardwood Floor, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: In Den/Great Room, Gas Logs
  • Floors/Ceilings: Wall to Wall Carpet, Part Hardwood, Part Carpet, Vinyl Floor
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Disposal, Dishwasher, Cable Wired
  • Living Dining Kitchen: Great Room, Eat-In Kitchen
  • Misc Interior: Walk-In Closet(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Level 1, Carpet

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Front-Load Garage, Gated Parking

Utilities

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

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Lake/Pond on Property, Water View, Landscaped, Professionally Landscaped, Iron Fenced
  • Lot Number: 57
  • Acreage: 0.15
  • Lot Size: 6400 SF 50 X 128
  • Zero Lot Line: Yes

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 068071 B00057

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2013
Closed on
Mar 20, 2013
Sold by
White John Thomas
Bought by
Waddle Joseph
Seller's Agent
Marty McClatchy
Crye-Leike, Inc., REALTORS
Buyer's Agent
Beverly Pickens
MidSouth Residential, LLC
List Price
$187,500
Sold Price
$175,000
Premium/Discount to List
-$12,500
-6.67%
Current Estimated Value
$322,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,609
Avg. Annual Appreciation
5.24%
Original Mortgage
$171,830
Outstanding Balance
$122,698
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$208,521

Purchase Details

Closed on
Mar 17, 2011
Sold by
Preising Andrew T
Bought by
White John Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,600
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2008
Sold by
Kim Sung Young and Kim Christy D
Bought by
Preising Andrew T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,800
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 22, 2004
Sold by
Smith Stuart L
Bought by
Kim Sung Young and Kim Christy D

Purchase Details

Closed on
Jun 19, 2001
Sold by
Lenox Homes Llc
Bought by
Smith Stuart L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,757
Interest Rate
6.12%
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
Waddle Joseph -- Realty Title
White John Thomas $167,000 Realty Title & Escrow Co Inc
Preising Andrew T $192,000 Realty Title & Escrow Co Inc
Kim Sung Young $170,000 --
Smith Stuart L $161,850 Southern Escrow Title Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waddle Joseph $171,830
Previous Owner White John Thomas $133,600
Previous Owner Preising Andrew T $172,800
Previous Owner Kim Sung Young $152,500
Previous Owner Smith Stuart L $153,757
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2013 03/21/13 Sold $175,000 -6.7% $125 / Sq Ft
02/12/2013 02/12/13 Pending -- -- --
01/23/2013 01/23/13 For Sale $187,500 -- $134 / 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 $2,237 $81,225 $16,500 $64,725
2024 $2,237 $66,000 $19,450 $46,550
2023 $4,020 $66,000 $19,450 $46,550
2022 $4,020 $66,000 $19,450 $46,550
2021 $4,068 $66,000 $19,450 $46,550
2020 $3,853 $53,175 $19,450 $33,725
2019 $3,853 $53,175 $19,450 $33,725
2018 $3,853 $53,175 $19,450 $33,725
2017 $2,185 $53,175 $19,450 $33,725
2016 $1,960 $44,850 $0 $0
2014 $1,960 $44,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Marty McClatchy

    Seller's Agent in 2013

    Marty McClatchy

    Crye-Leike

    (901) 652-7980

    1 in this area

    47 Total Sales

    Marty McClatchy
    Section Image

  • B

    Buyer's Agent in 2013

    Beverly Pickens

    MidSouth Residential, LLC

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3263398

Memphis Area Association of REALTORS®

APN: 06-8071-B0-0057

Tennessee Shelby County Memphis 38120 Audubon Park

350 Fountain Lake Dr, Memphis, TN

This home is located at 350 Fountain Lake Dr, Memphis, TN 38120 since 23 January 2013 and is currently estimated at $322,609, approximately $201 per square foot. This property was built in 2000. 350 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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