NOT LISTED FOR SALE

3624 Mountain Terrace St Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $88,687 - $105,000

3 Beds
1 Bath
997 Sq Ft
$95/Sq Ft Est. Value

Last Sold June 22, 2022

Last sale price $77,250 $77 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $551/month

Highlights

  • Traditional Architecture
  • Patio
  • Partially Carpeted
  • Eat-In Kitchen
  • Central Heating and Cooling System
  • Level Lot

About This Home

As of June 2022

INVESTORS ONLY!! DO NOT DISTURB TENANT. SFH Rented for $695/month, managed by a Local Professional Management Company. Lease expires 12/31/2022. Tenant moved in 1/1/2021. Renovated in October 2013 including brand new brand new roof. Maintenance report and tenant payment history available upon request. Showings only with accepted offer.

Last Agent to Sell the Property

Jeremy Veldman

KAIZEN Realty, LLC License #327507 Listed on: 04/28/2022

KAIZEN Realty, LLC

Last Buyer's Agent

Lawson Roberts

KAIZEN Realty, LLC License #358842

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $596

Year Built

  • Built in 1958

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 60x145
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 997 Sq Ft Home
  • 1-Story Property
  • Partially Carpeted
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • Northgrove Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 072098 00030

Home Details

Home Type

Single Family

Est. Annual Taxes

$596

Year Built

Built in 1958

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: 85
  • Number Of Stories: 1
  • Price Per Sq Ft: 77.48
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 997
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 0-999
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 1
  • Living Dining Kitchen: Eat-In Kitchen
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Patio

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 125
  • Acreage: 0.2
  • Lot Size: 60X145
  • Price Per Acre: 424500

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 072098 00030

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2022
Closed on
Jun 22, 2022
Sold by
Lindahl Investment Group Llc
Bought by
Vb One Llc
Seller's Agent
Jeremy Veldman
KAIZEN Realty, LLC
Buyer's Agent
Lawson Roberts
KAIZEN Realty, LLC
List Price
$84,900
Sold Price
$77,250
Premium/Discount to List
-$7,650
-9.01%
Current Estimated Value
$94,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,672
Avg. Annual Appreciation
6.54%

Purchase Details

Closed on
Jul 31, 2019
Sold by
Leonard Tatsiana
Bought by
Lindahl Jennifer Lynne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,680
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2013
Sold by
Mid South Homebuyers Inc
Bought by
Leonard Tatsiana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,620
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 23, 2013
Sold by
Stokes Willie L and Stokes Shunta R
Bought by
Mid South Homebuyers Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,620
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 18, 2004
Sold by
Morris Investments Inc
Bought by
Stokes Willie L and Stokes Shunta R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 19, 2004
Sold by
Brown Willis and Brown Joyce A
Bought by
Hud

Purchase Details

Closed on
Aug 2, 1996
Sold by
Allen Brian K and Allen Cindy R
Bought by
Casey Cynthia
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
Vb One Llc $77,250 Total Title Services
Lindahl Jennifer Lynne $54,600 None Available
Leonard Tatsiana $547,000 None Available
Mid South Homebuyers Inc $10,000 None Available
Stokes Willie L $60,000 --
Hud $42,493 --
Casey Cynthia $45,898 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lindahl Jennifer Lynne $43,680
Previous Owner Leonard Tatsiana $31,620
Previous Owner Stokes Willie L $43,995
Previous Owner Stokes Willie L $57,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2022 06/22/22 Sold $77,250 -9.0% $77 / Sq Ft
06/16/2022 06/16/22 Pending -- -- --
06/15/2022 06/15/22 For Sale $84,900 0.0% $85 / Sq Ft
06/15/2022 06/15/22 Price Changed $84,900 -3.4% $85 / Sq Ft
06/06/2022 06/06/22 Pending -- -- --
06/06/2022 06/06/22 Price Changed $87,900 -5.4% $88 / Sq Ft
04/28/2022 04/28/22 For Sale $92,900 -- $93 / 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 $596 $24,575 $2,625 $21,950
2024 -- $17,575 $2,025 $15,550
2023 $1,071 $17,575 $2,025 $15,550
2022 $1,071 $17,575 $2,025 $15,550
2021 $1,083 $17,575 $2,025 $15,550
2020 $989 $13,650 $2,025 $11,625
2019 $436 $13,650 $2,025 $11,625
2018 $436 $13,650 $2,025 $11,625
2017 $447 $13,650 $2,025 $11,625
2016 $434 $9,925 $0 $0
2014 $434 $9,925 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeremy Veldman

    Seller's Agent in 2022

    Jeremy Veldman

    KAIZEN Realty, LLC

    (901) 221-4041

    60 in this area

    212 Total Sales

    Jeremy Veldman
    Section Image

  • L

    Buyer's Agent in 2022

    Lawson Roberts

    KAIZEN Realty, LLC

    (614) 302-8248

    31 in this area

    180 Total Sales

    Lawson Roberts
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10122716

Memphis Area Association of REALTORS®

APN: 07-2098-0-0030

Tennessee Shelby County Memphis 38127 Frayser

3624 Mountain Terrace St, Memphis, TN

This home is located at 3624 Mountain Terrace St, Memphis, TN 38127 since 28 April 2022 and is currently estimated at $94,922, approximately $95 per square foot. This property was built in 1958. 3624 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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