NOT LISTED FOR SALE

3524 Mimosa Ave Memphis, TN 38111

High Point Terrace Neighborhood

Estimated Value: $338,611

2 Beds
1 Bath
2,005 Sq Ft
$169/Sq Ft Est. Value

Sale Details

Date Sold: December 23, 2020

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

Est. 3% increase in value since last sale

Current estimated payment $2,214 / 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
Walker Investments Llc
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
$338,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,611
Avg. Annual Appreciation
0.45%

Purchase Details

Closed on
Feb 17, 2006
Sold by
Stearns Robert T and Stearns Carol
Bought by
Walker Investments Llc

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
Schmitt Joan C and Johnston Daniel F
Bought by
Stearns Robert T and Stearns Carol

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
Allee Douglas L
Bought by
Schmitt Joan C and Johnston Daniel F

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

  • Julianne Carney Real Estate Agent - Keller Williams

    Julianne Carney

    Responds Quickly

    Keller Williams

    (901) 881-4147

    120 Total Sales

    2 in High Point Terrace

    $450K - $1M Price Range

    Julianne Carney
     Section Image
  • April Bryan Real Estate Agent - Bryan Realty Group

    April Bryan

    Bryan Realty Group

    (870) 771-4460

    115 Total Sales

    1 in High Point Terrace

    $264,900 Price

    April Bryan
     Section Image
  • Michelle Shaver-Simpson Real Estate Agent - Crye-Leike, Inc., REALTORS

    Michelle Shaver-Simpson

    Crye-Leike, Inc., REALTORS

    (901) 464-3556

    74 Total Sales

    2 in High Point Terrace

    $285K - $365K Price Range

    Michelle Shaver-Simpson
     Section Image
  • Julie Upchurch Real Estate Agent - McWaters & Associates

    Julie Upchurch

    McWaters & Associates

    (901) 509-9177

    143 Total Sales

    8 in High Point Terrace

    $220K - $654K Price Range

    Julie Upchurch
     Section Image
  • Fontaine Albritton Real Estate Agent - Crye-Leike, Inc., REALTORS

    Fontaine Albritton

    Crye-Leike, Inc., REALTORS

    (901) 437-5465

    93 Total Sales

    6 in High Point Terrace

    $250K - $705K Price Range

    Fontaine Albritton
     Section Image
  • Amanda Lee Real Estate Agent - McWaters & Associates

    Amanda Lee

    McWaters & Associates

    (901) 763-8191

    119 Total Sales

    2 in High Point Terrace

    $270K - $423K Price Range

    Amanda Lee
     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
Walker Investments Llc -- West Tennessee Title
Stearns Robert T $225,000 West Tennessee Title
Schmitt Joan C $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 Schmitt Joan C $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

  • LB

    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

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Memphis Area Association of REALTORS® Listing content and images Copyright 2026 Memphis Area Association of REALTORS®. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it.
Some or all of the listings displayed may not belong to the firm whose website is being visited.

Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393 - 17600 Laguna Canyon Rd, Irvine, CA 92618.

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