NOT LISTED FOR SALE

3524 Mimosa Ave Memphis, TN 38111

High Point Terrace Neighborhood

Estimated Value: $329,386 - $416,000

2 Beds
1 Bath
2,005 Sq Ft
$181/Sq Ft Est. Value

Sale Details

Date Sold: December 23, 2020

Last sale price $330,000 $165 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,290 / mo

9 Days on Market

Highlights

  • Updated Kitchen
  • Traditional Architecture
  • Separate Formal Living Room
  • White Station High Rated A
  • Wood Flooring
  • Corner Lot

About This Home

As of December 2020

Rare opportunity to own this upscale duplex in High Point Terrace! Many recent upgrades in vacant unit. New roof, new cabinets, counter tops and appliances. Quiet dead end street. Perfect opportunity to live in one side and lease the other. DO NOT APPROACH OR DISTURB TENANT! Property sold "as-is". Make any offer subject to inspection and tenants rights.

Last Agent to Sell the Property

Lowell Brister

Leco Realty, Inc. License #242333 Listed on: 11/23/2020

Last Buyer's Agent

Lowell Brister

Leco Realty, Inc. License #242333 Listed on: 11/23/2020

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 10,890 Sq Ft Lot
  • Lot Dimensions are 85x130
  • Wood Fence
  • Corner Lot
  • Level Lot
  • Few Trees

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Veneer
  • Composition Shingle Roof
  • Vinyl Siding
  • Pier And Beam

Interior Spaces

  • 2,005 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Separate Formal Living Room
  • Formal Dining Room
  • Storm Windows

Kitchen

  • Updated Kitchen
  • Free-Standing Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Parking

  • 1 Parking Space
  • Carport
  • Driveway

Outdoor Features

  • Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • High Point Terrace Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 044073 00073

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0.25 Acres

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Cross Street: High Point Terrace
  • Second Address Number: 3526
  • MAAR Subdivision Name: HIGH POINT TERRACE
  • Freestanding: Yes
  • List Price Per Sq Ft: 165
  • Number Of Stories: 1
  • Estimated Sq Ft: 2005
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Floors/Ceilings: Part Hardwood, Tile, Smooth Ceiling
  • Appliances Equipment: Refrigerator, Range/Oven (Freestanding), Dishwasher, Microwave

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer, Vinyl Siding, Storm Window(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

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

Utilities

  • Cooling: Central Cooling
  • Heating: Central, Gas

Lot Info

  • Lot Description: Corner, Level, Some Trees, Wood Fenced
  • Lot Number: 5
  • Acreage: 0.25
  • Lot Size: 85X130

Rental Info

  • Tenants Pay: All Utilities

Tax Info

  • Assessor Parcel Number: 044073 00073

Multi Family

  • Perc Occ: 50

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2020
Closed on
Dec 21, 2020
Sold by
Bought by
Seller's Agent
Lowell Brister
Leco Realty, Inc.
Buyer's Agent
Lowell Brister
Leco Realty, Inc.
List Price
$329,900
Sold Price
$330,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$363,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,847
Avg. Annual Appreciation
1.76%

Purchase Details

Closed on
Feb 17, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.21%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 20, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.21%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 30, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in High Point Terrace, TN

  • Allen Green Real Estate Agent - John Green & Co., REALTORS

    Allen Green

    John Green & Co., REALTORS

    (901) 203-5150

    118 Total Sales

    1 in High Point Terrace

    $439,000 Price

    Allen Green
     Section Image
  • C. Lauren Jones Real Estate Agent - Crye-Leike, Inc., REALTORS

    C. Lauren Jones

    Crye-Leike, Inc., REALTORS

    (901) 881-4903

    93 Total Sales

    1 in High Point Terrace

    $1,625,000 Price

    C. Lauren Jones
     Section Image
  • Lisa Cox Real Estate Agent - Groome & Co.

    Lisa Cox

    Groome & Co.

    (901) 422-9448

    134 Total Sales

    1 in High Point Terrace

    $250,000 Price

    Lisa Cox
     Section Image
  • Steve Boysen Real Estate Agent - Crye-Leike, Inc., REALTORS

    Steve Boysen

    Responds Quickly

    Crye-Leike, Inc., REALTORS

    (901) 509-9947

    173 Total Sales

    2 in High Point Terrace

    $285K - $295K Price Range

    Steve Boysen
     Section Image
  • Max Rubenstein Real Estate Agent - Marx-Bensdorf, REALTORS

    Max Rubenstein

    Marx-Bensdorf, REALTORS

    (901) 437-6525

    86 Total Sales

    4 in High Point Terrace

    $238K - $436K Price Range

    Max Rubenstein
     Section Image
  • Rasheedah Jones Real Estate Agent - Dreamteam Realty Co

    Rasheedah Jones

    Dreamteam Realty Co

    (901) 509-9429

    40 Total Sales

    1 in High Point Terrace

    $205,000 Price

    Rasheedah Jones
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$330,000 None Available
-- West Tennessee Title
$225,000 West Tennessee Title
$185,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $180,000
Previous Owner $166,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/23/2020 12/23/20 Sold $330,000 0.0% $165 / Sq Ft
12/02/2020 12/02/20 Pending -- -- --
11/23/2020 11/23/20 For Sale $329,900 -- $165 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,438 $127,800 $32,200 $95,600
2024 $4,124 $121,640 $32,520 $89,120
2023 $7,410 $121,640 $32,520 $89,120
2022 $7,410 $121,640 $32,520 $89,120
2021 $4,197 $121,640 $32,520 $89,120
2020 $5,513 $76,080 $32,520 $43,560
2019 $2,432 $76,080 $32,520 $43,560
2018 $2,432 $76,080 $32,520 $43,560
2017 $2,489 $76,080 $32,520 $43,560
2016 $3,562 $81,520 $0 $0
2014 $3,562 $81,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Lowell Brister

    Leco Realty, Inc.

    (901) 508-4737

    100 Total Sales

    Lowell Brister
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10089392

Memphis Area Association of REALTORS®

APN: 04-4073-0-0073

Tennessee Shelby County Memphis 38111 High Point Terrace

3524 Mimosa Ave, Memphis, TN

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