NOT LISTED FOR SALE

3578 Terrace Dr Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $45,000 - $68,543

2 Beds
1 Bath
1,000-1,199 Sq Ft
$46/Sq Ft Est. Value

Last Sold October 10, 2023

Last sale price $50,000 $42 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $338/month

79 Days on Market

Highlights

  • 0.52 Acre Lot
  • Wood Flooring
  • Den
  • Traditional Architecture
  • Separate Formal Living Room
  • Porch

About This Home

As of October 2023

Wonderful Frayser home on half acre lot. / This older home offers original hardwood floors, two good sized bedrooms and eat kitchen. Home also offers a small den on rear of home in addition to separate living room. This home will be great for first time buyer or investment property.

Last Agent to Sell the Property

Ben Strauch

Skyline Realty License #265513 Listed on: 07/15/2023

Last Buyer's Agent

Angela Watson

Skyline Realty License #283748

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1945

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 65x254
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Vinyl Siding
  • Pier And Beam

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,015 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Separate Formal Living Room
  • Den
  • Attic Access Panel
  • Eat-In Kitchen

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Home Security

  • Fire and Smoke Detector
  • Iron Doors

Outdoor Features

  • Porch

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • Terrace Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 069065 00036

Home Details

Home Type

Single Family

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 724B
  • MAAR Subdivision Name: TERRACE PARK
  • Number Of Stories: 1
  • Price Per Sq Ft: 49.26
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1015
  • Year Built: 1945
  • List Price/ Sq Ft: 54
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Level 1, Hardwood Floor
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Hardwood, Tile
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Den, Eat-In Kitchen
  • Misc Interior: All Window Treatments, Attic Access
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Level 1, Hardwood Floor

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Vinyl Siding
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Window Unit(s)
  • Heating: Gas
  • Security: Smoke Detector(s), Iron Door(s)
  • Water Sewer: Electric Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 41
  • Acreage: 0.52
  • Lot Size: 65X254
  • Price Per Acre: 105577

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 069065 00036

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 2, 2022
Sold by
Global Property Trust
Bought by
Great Smoky Mountains Llc
Current Estimated Value
$54,636

Purchase Details

Closed on
Dec 1, 2014
Sold by
Beaty Douglas R
Bought by
Beaty Douglas R and Global Property Trust

Purchase Details

Closed on
Feb 21, 2012
Sold by
Beaty Douglas R
Bought by
Beaty Douglas R and The Crowley Property Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
3.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 14, 2011
Sold by
Davis Shirley Robbins
Bought by
Beaty Douglas and Pointe South Land Trust

Purchase Details

Closed on
Aug 10, 1984
Sold by
Robbins Billy Maurice
Bought by
Robbins Bessie Cottingim
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
Great Smoky Mountains Llc $47,480 Realty Title & Escrow
Beaty Douglas R -- Delta Title Services
Beaty Douglas R $240,000 None Available
Beaty Douglas $13,000 Tam Title & Escrow Llc
Robbins Bessie Cottingim -- Tam Title & Escrow Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beaty Douglas R $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2023 10/10/23 Sold $50,000 -8.9% $50 / Sq Ft
10/02/2023 10/02/23 Pending -- -- --
09/20/2023 09/20/23 Price Changed $54,900 -8.3% $55 / Sq Ft
08/18/2023 08/18/23 Price Changed $59,900 -14.3% $60 / Sq Ft
08/13/2023 08/13/23 Price Changed $69,900 -6.7% $70 / Sq Ft
07/27/2023 07/27/23 Price Changed $74,900 -6.3% $75 / Sq Ft
07/15/2023 07/15/23 For Sale $79,900 -- $80 / 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 -- $13,375 $1,750 $11,625
2024 -- $10,150 $1,425 $8,725
2023 $618 $10,150 $1,425 $8,725
2022 $618 $10,150 $1,425 $8,725
2021 $626 $10,150 $1,425 $8,725
2020 $402 $5,550 $1,425 $4,125
2019 $177 $5,550 $1,425 $4,125
2018 $177 $5,550 $1,425 $4,125
2017 $182 $5,550 $1,425 $4,125
2016 $265 $6,075 $0 $0
2014 $265 $6,075 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ben Strauch

    Seller's Agent in 2023

    Ben Strauch

    Skyline Realty

    (901) 501-5126

    10 in this area

    59 Total Sales

    Ben Strauch
    Section Image
  • Angela Watson

    Buyer's Agent in 2023

    Angela Watson

    Skyline Realty

    (901) 218-8979

    2 in this area

    48 Total Sales

    Angela Watson
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10152322

Memphis Area Association of REALTORS®

APN: 06-9065-0-0036

Tennessee Shelby County Memphis 38127 Frayser

3578 Terrace Dr, Memphis, TN

This home is located at 3578 Terrace Dr, Memphis, TN 38127 since 15 July 2023 and is currently estimated at $54,636, approximately $45 per square foot. This property was built in 1945. 3578 Terrace Dr is a home located in Shelby County with nearby schools including Westside Elementary School, Trezevant High School, and Compass Community School Frayser Campus.

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