NOT LISTED FOR SALE

3640 Mimosa Ave Memphis, TN 38111

High Point Terrace Neighborhood

Estimated Value: $412,000 - $433,000

3 Beds
2 Baths
2,000-2,199 Sq Ft
$193/Sq Ft Est. Value

Last Sold September 24, 2024

Last sale price $465,000 $211 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $2,506/month

13 Days on Market

Highlights

  • Gated Parking
  • Updated Kitchen
  • Vaulted Ceiling
  • White Station High Rated A
  • Landscaped Professionally
  • Traditional Architecture

About This Home

As of September 2024

Truly special 3/2 in High Point Terrace! Home was completely renovated in 2016. Gourmet kitchen with large island and open concept living area w/ wood burning fireplace. Large primary suite features spa like bathroom and huge walk in closet. Gorgeous backyard with secure electric gate. Screen porch, charming patio and professional landscaping. Special financing incentives available on this property from SIRVA Mortgage. Call listing agent or check with your favorite realtor for details.

Last Agent to Sell the Property

Robin Fauser

Coldwell Banker Collins-Maury License #287935 Listed on: 08/24/2024

Coldwell Banker Collins-Maury

Co-Listed By

Mary Grayson Fauser

Coldwell Banker Collins-Maury License #368734

Last Buyer's Agent

Worth Jones

Ware Jones, REALTORS License #323280

Ware Jones, REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 60x240
  • Wood Fence
  • Landscaped Professionally
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 2,000-2,199 Sq Ft Home
  • 1,947 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Fireplace Features Masonry
  • Double Pane Windows
  • Window Treatments
  • Great Room
  • Dining Room
  • Den with Fireplace
  • Screened Porch
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Double Oven
  • Gas Cooktop
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Home Security

  • Monitored
  • Fire and Smoke Detector
  • Termite Clearance

Parking

  • Driveway
  • Gated Parking

Outdoor Features

  • Patio
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • East Aurora Subdivision

Listing and Financial Details

  • Assessor Parcel Number 044072 00030

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

0.32 Acres

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: HIGH POINT TERRACE
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1947
  • Termite Contract: Yes
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Renovated Bathroom, Luxury Primary Bath, Double Vanity Bath, Separate Tub & Shower, Full Bath Down
  • Estimated Heated Sq Ft Range: 2000-2199
  • Bedroom 2 Description: Level 1, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 1, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Masonry, In Den/Great Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling
  • Full Bathrooms: 2
  • Equipment: Double Oven, Cooktop, Gas Cooking, Disposal, Dishwasher
  • Living Dining Kitchen: Separate Dining Room, Great Room, Updated/Renovated Kitchen, Eat-In Kitchen, Island In Kitchen
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Pull Down Attic Stairs, Security System, Smoke Detector(s), Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room
  • Primary Bathroom Description: Double Sinks, Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Vaulted/Coffered Ceiling, Smooth Ceiling, Carpet

Exterior Features

  • Misc Exterior: Storage Building, Porch, Screen Porch, Patio, Well Landscaped Grounds, Wood Fence, Storage, Sidewalks
  • Exterior Windows: Brick Veneer, Double Pane Window(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad, Gated Parking, Gate Clickers

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Security: Burglar Alarm, Monitored Alarm System
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level, Landscaped, Professionally Landscaped, Wood Fenced
  • Lot Number: 58
  • Acreage: 0.32
  • Lot Size: 60X240
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: 044072 00030

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2024
Closed on
Sep 9, 2024
Sold by
Burke Claire and Franck John M
Bought by
Short Elizabeth White
Seller's Agent
Robin Fauser
Coldwell Banker Collins-Maury
Buyer's Agent
Worth Jones
Ware Jones, REALTORS
List Price
$479,900
Sold Price
$465,000
Premium/Discount to List
-$14,900
-3.1%
Views
20
Current Estimated Value
$423,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$41,664
Avg. Annual Appreciation
-6.07%

Purchase Details

Listed on
Mar 31, 2022
Closed on
Apr 26, 2022
Sold by
Jensen Jr Lawrence K and Jensen Kathryne
Bought by
Franck John M and Burke Claire
Seller's Agent
William Ware
Ware Jones, REALTORS
Buyer's Agent
Pat Lichterman
Crye-Leike, Inc., REALTORS
List Price
$439,000
Sold Price
$480,000
Premium/Discount to List
$41,000
9.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.30%
Original Mortgage
$450,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 8, 2015
Closed on
Oct 13, 2015
Sold by
Henry A B
Bought by
Jensen Lawrence K and Jensen Kathryn
Seller's Agent
Jennifer & Joel Hobson
Hobson, REALTORS
Buyer's Agent
William Ware
Ware Jones, REALTORS
List Price
$159,900
Sold Price
$155,250
Premium/Discount to List
-$4,650
-2.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.84%
Original Mortgage
$155,250
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 2000
Sold by
Henry Margaret C
Bought by
Henry A B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Short Elizabeth White $465,000 None Listed On Document
Franck John M $480,000 Smith And Smith Law Firm
Jensen Lawrence K $155,250 Attorney
Henry A B -- --
Henry A B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Franck John M $450,000
Previous Owner Jensen Lawrence K $155,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/24/2024 09/24/24 Sold $465,000 -3.1% $233 / Sq Ft
09/06/2024 09/06/24 Pending -- -- --
08/24/2024 08/24/24 For Sale $479,900 0.0% $240 / Sq Ft
04/26/2022 04/26/22 Sold $480,000 +9.3% $267 / Sq Ft View Prior Sale
04/18/2022 04/18/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $439,000 +182.8% $244 / Sq Ft
10/13/2015 10/13/15 Sold $155,250 -2.9% $1,553 / Sq Ft View Prior Sale
09/13/2015 09/13/15 Pending -- -- --
09/08/2015 09/08/15 For Sale $159,900 -- $1,599 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 -- $106,975 $20,125 $86,850
2024 $3,344 $98,650 $20,325 $78,325
2023 $6,009 $98,650 $20,325 $78,325
2022 $4,462 $73,250 $20,325 $52,925
2021 $4,514 $73,250 $20,325 $52,925
2019 $2,113 $66,125 $20,325 $45,800
2018 $2,113 $66,125 $20,325 $45,800
2017 $1,567 $47,900 $20,325 $27,575
2016 $1,697 $38,825 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Robin Fauser

    Seller's Agent in 2024

    Robin Fauser

    Coldwell Banker Collins-Maury

    (901) 494-0355

    4 in this area

    97 Total Sales

    Robin Fauser
    Section Image
  • Mary Grayson Fauser

    Seller Co-Listing Agent in 2024

    Mary Grayson Fauser

    Coldwell Banker Collins-Maury

    (901) 652-2900

    2 in this area

    65 Total Sales

    Mary Grayson Fauser
    Section Image
  • Worth Jones

    Buyer's Agent in 2024

    Worth Jones

    Ware Jones, REALTORS

    (901) 289-1890

    6 in this area

    157 Total Sales

    Worth Jones
    Section Image
  • Elizabeth Jones

    Buyer Co-Listing Agent in 2024

    Elizabeth Jones

    Ware Jones, REALTORS

    (901) 825-4075

    6 in this area

    89 Total Sales

    Elizabeth Jones
    Section Image
  • William Ware

    Seller's Agent in 2022

    William Ware

    Ware Jones, REALTORS

    (901) 292-9616

    24 in this area

    95 Total Sales

    William Ware
    Section Image

  • L

    Seller Co-Listing Agent in 2022

    Lela Yates

    Ware Jones, REALTORS

    (901) 628-5352

    5 in this area

    29 Total Sales

    Lela Yates
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10179848

Memphis Area Association of REALTORS®

APN: 04-4072-0-0030

Tennessee Shelby County Memphis 38111 High Point Terrace

3640 Mimosa Ave, Memphis, TN

Not Listed for Sale

Detached

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