NOT LISTED FOR SALE

3553 Mountain Terrace St Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $83,000 - $105,000

3 Beds
1 Bath
100-999 Sq Ft
$93/Sq Ft Est. Value

Last Sold January 31, 2018

Last sale price $30,000 $30 Per Sq Ft

Est. 209% increase in value since last sale

Current estimated payment $566/month

Highlights

  • Traditional Architecture
  • Eat-In Kitchen
  • 1-Story Property
  • Some Wood Windows
  • Wall to Wall Carpet

About This Home

As of January 2018

3/1 great investment property , professionally managed , stays rented, make offer subject to inspections Currently rented for $633 per mo

Last Agent to Sell the Property

Rick Baer

Rick Baer Realty License #216050 Listed on: 08/11/2017

Last Buyer's Agent

Rick Baer

Rick Baer Realty License #216050 Listed on: 08/11/2017

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 8,712 Sq Ft Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 100-999 Sq Ft Home
  • 919 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Aluminum Window Frames
  • Wall to Wall Carpet
  • Pull Down Stairs to Attic
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway

Community Details

  • Northgrove Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 072080 00013

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 725E
  • MAAR Subdivision Name: NORTHGROVE VILLAGE
  • List Price Per Sq Ft: 49
  • Number Of Stories: 1
  • Price Per Sq Ft: 32.64
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 919
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 100-999
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wall to Wall Carpet
  • Full Bathrooms: 1
  • Living Dining Kitchen: Eat-In Kitchen
  • Misc Interior: Pull Down Attic Stairs
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Exterior Windows: Brick Veneer, Wood/Composition, Aluminum Window(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

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

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 172
  • Acreage: 0.2
  • Price Per Acre: 224500

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 072080 00013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2017
Closed on
Jan 26, 2018
Sold by
Sierra Nevada Properties Llc
Bought by
Oliver Rodnie and Oliver Tena
Seller's Agent
Rick Baer
Rick Baer Realty
Buyer's Agent
Rick Baer
Rick Baer Realty
List Price
$44,900
Sold Price
$30,000
Premium/Discount to List
-$14,900
-33.18%
Current Estimated Value
$92,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,672
Avg. Annual Appreciation
15.46%

Purchase Details

Closed on
Jul 29, 2013
Sold by
Fox Hill Wing Llc
Bought by
Sierra Nevada Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,700
Interest Rate
4.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 29, 2012
Closed on
May 15, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Fox Hill Wing Llc
Seller's Agent
Mary Baker
REMAX Experts
Buyer's Agent
Jim Pickens
Lawrence Johnson, REALTORS
List Price
$15,000
Sold Price
$14,500
Premium/Discount to List
-$500
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.65%

Purchase Details

Closed on
Mar 15, 2012
Sold by
Flynt Donald G
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Mar 31, 2004
Sold by
Bank One Na
Bought by
Flynt Donald G

Purchase Details

Closed on
Aug 7, 2003
Sold by
Evans Deborah
Bought by
Bank One Na and The First National Bank Of Chicago

Purchase Details

Closed on
May 1, 1997
Sold by
Va
Bought by
C & R Investments

Purchase Details

Closed on
Feb 26, 1997
Sold by
C & R Investments Inc
Bought by
Evans Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,665
Interest Rate
6.95%

Purchase Details

Closed on
Sep 19, 1996
Sold by
Kirsch Joe M
Bought by
Va
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
Oliver Rodnie $30,000 Close Trak Closing & Title S
Sierra Nevada Properties Llc $39,000 None Available
Fox Hill Wing Llc $14,500 Westenn Title
Federal Home Loan Mortgage Corp $19,000 None Available
Flynt Donald G $25,000 Jack Case Wilson Title Assoc
Bank One Na $43,200 --
C & R Investments $23,968 --
Evans Deborah $54,900 --
Va $22,288 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Slerra Nevada Properties Llc $36,700
Previous Owner Sierra Nevada Properties Llc $32,700
Previous Owner Flynt Donald G $50,850
Previous Owner Evans Deborah $46,665
Closed Evans Deborah $5,490
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2018 01/31/18 Sold $30,000 -33.2% $300 / Sq Ft
01/29/2018 01/29/18 Pending -- -- --
08/11/2017 08/11/17 For Sale $44,900 +209.7% $449 / Sq Ft
05/17/2012 05/17/12 Sold $14,500 -3.3% $145 / Sq Ft
04/18/2012 04/18/12 Pending -- -- --
03/29/2012 03/29/12 For Sale $15,000 -- $150 / 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 -- $18,525 $2,625 $15,900
2024 -- $14,275 $2,025 $12,250
2023 $870 $14,275 $2,025 $12,250
2022 $870 $14,275 $2,025 $12,250
2021 $880 $14,275 $2,025 $12,250
2020 $755 $10,425 $2,025 $8,400
2019 $755 $10,425 $2,025 $8,400
2018 $755 $10,425 $2,025 $8,400
2017 $428 $10,425 $2,025 $8,400
2016 $445 $10,175 $0 $0
2014 $445 $10,175 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rick Baer

    Seller's Agent in 2018

    Rick Baer

    Rick Baer Realty

    (901) 461-8791

    3 in this area

    95 Total Sales

    Rick Baer
    Section Image

  • M

    Seller's Agent in 2012

    Mary Baker

    RE/MAX

  • M

    Seller Co-Listing Agent in 2012

    Mindy Creech

    RE/MAX

  • J

    Buyer's Agent in 2012

    Jim Pickens

    Lawrence Johnson, REALTORS

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10009162

Memphis Area Association of REALTORS®

APN: 07-2080-0-0013

Tennessee Shelby County Memphis 38127 Frayser

3553 Mountain Terrace St, Memphis, TN

This home is located at 3553 Mountain Terrace St, Memphis, TN 38127 since 11 August 2017 and is currently estimated at $92,672, approximately $92 per square foot. This property was built in 1960. 3553 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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