$150,000
SOLD JUL 5, 2022

3721 California Terrace Dr Unit 5 Memphis, TN 38122

Audubon Park Neighborhood
2 Beds
2.5 Baths
1,200-1,399 Sq Ft
$80/mo HOA Fee

Recently Sold

$107 Per Sq Ft

7 Days on Market

Highlights

  • Traditional Architecture
  • Loft
  • Eat-In Kitchen
  • Attic
  • Den with Fireplace
  • Walk-In Closet

About This Home

As of May 2024

CONTRACT FAILED! (Buyer financing) Check out this attractive, move-in ready, High Point Terrace townhouse! New roof, new flooring on stairs and upstairs, new garbage disposal, new exterior light fixtures, new toilet in master bath, new sod in backyard, and all appliances stay! Neutral paint throughout, 1 car garage that's extra long for storage. HOA dues are $80/month and include water and garbage pick up along with attached property and parking lot insurance.

Last Agent to Sell the Property

Alicia Teeter

The Firm License #330939 Listed on: 06/10/2022

Last Buyer's Agent

Scott Perryman

The Porter Group License #335485

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $679

Year Built

  • Built in 1986

Lot Details

  • 436 Sq Ft Lot
  • Lot Dimensions are 27x37
  • Wood Fence

HOA Fees

  • $80 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,322 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Combination Dining and Living Room
  • Den with Fireplace
  • Loft
  • Laminate Flooring
  • Attic Access Panel

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 1 Car Garage
  • Front Facing Garage
  • Parking Lot

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 044093 C00005

Community Details

Overview

  • California Terrace Homes Subdivision
  • Mandatory home owners association

Security

  • Storm Doors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$679

Year Built

Built in 1986

Lot Details

0

HOA Fees

$80 per month

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: Town House
  • MLS Map #: 752E
  • MAAR Subdivision Name: CALIFORNIA TERRACE HOMES
  • List Price Per Sq Ft: 113
  • Number Of Stories: 2
  • Price Per Sq Ft: 113.46
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1322
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, 1/2 Bath
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom, 2 or More Baths, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Up, Primary Up, Half Bath Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 2, Shared Bath
  • Bedrooms: 2
  • Fireplace: In Den/Great Room
  • Floors/Ceilings: Wood Laminate Floors, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher, Washer, Dryer, Cable Available
  • Living Dining Kitchen: LR/DR Combination, Eat-In Kitchen, Breakfast Bar
  • Misc Interior: Walk-In Closet(s), Attic Access
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Loft/Balcony, Attic
  • Total Bathrooms: 2.1
  • P R I M A R Y B E D R O O M: Level 2, Walk-In Closet, Full Bath

Exterior Features

  • Misc Exterior: Patio, Wood Fence
  • Exterior Windows: Storm Door(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 1
  • Parking Display: G1
  • Parking Storage: Front-Load Garage, Parking Lot

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central
  • Security: Dead Bolt Lock(s)
  • Water Sewer: Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 960
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Level, Wood Fenced
  • Lot Number: UNIT 5
  • Acreage: 0.01
  • Lot Size: 27X37
  • Price Per Acre: 15000000

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 044093 C00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2023
Closed on
May 10, 2024
Sold by
Horton Michael and Horton Stefanie
Bought by
Muhammad Amar
Seller's Agent
Meredith Vezina
Keller Williams
Buyer's Agent
Cheryl Muhammad
Assured Real Estate Services
List Price
$170,000
Sold Price
$155,000
Premium/Discount to List
-$15,000
-8.82%
Views
762
Current Estimated Value
$165,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,233
Avg. Annual Appreciation
4.17%
Original Mortgage
$6,975
Outstanding Balance
$4,711
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$158,871

Purchase Details

Closed on
Oct 21, 2015
Sold by
Schmitt Megan
Bought by
Cormier Leo J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,367
Interest Rate
3.89%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 8, 2013
Sold by
Fite William R
Bought by
Schmitt Megan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,032
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2013
Sold by
Fite Sandra Y
Bought by
Fite William R
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $155,000 Preferred Title
Warranty Deed $62,500 Mid South Title Services Llc
Warranty Deed $46,350 Mid South Title Services Llc
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $6,975 New Conventional
Open $155,000 New Conventional
Previous Owner $61,367 FHA
Previous Owner $44,032 New Conventional
Previous Owner $36,415 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2024 05/13/24 Sold $155,000 0.0% $129 / Sq Ft
03/29/2024 03/29/24 Price Changed $155,000 -3.1% $129 / Sq Ft
01/22/2024 01/22/24 Price Changed $160,000 -5.3% $133 / Sq Ft
01/21/2024 01/21/24 Price Changed $169,000 -0.6% $141 / Sq Ft
01/05/2024 01/05/24 For Sale $170,000 +9.7% $142 / Sq Ft
12/26/2023 12/26/23 Off Market $155,000 -- --
10/09/2023 10/09/23 Price Changed $170,000 +6.3% $142 / Sq Ft
08/31/2023 08/31/23 Price Changed $160,000 -3.0% $133 / Sq Ft
08/11/2023 08/11/23 For Sale $165,000 +10.0% $138 / Sq Ft
07/05/2022 07/05/22 Sold $150,000 0.0% $125 / Sq Ft
06/19/2022 06/19/22 For Sale $150,000 0.0% $125 / Sq Ft
06/19/2022 06/19/22 Price Changed $150,000 -6.2% $125 / Sq Ft
06/17/2022 06/17/22 Pending -- -- --
06/10/2022 06/10/22 For Sale $159,900 -- $133 / 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 $679 $38,800 $5,000 $33,800
2024 $679 $20,025 $1,875 $18,150
2023 $1,220 $20,025 $1,875 $18,150
2022 $1,220 $20,025 $1,875 $18,150
2021 $1,234 $20,025 $1,875 $18,150
2020 $1,156 $15,950 $1,200 $14,750
2019 $510 $15,950 $1,200 $14,750
2018 $510 $15,950 $1,200 $14,750
2017 $522 $15,950 $1,200 $14,750
2016 $563 $12,875 $0 $0
2014 $563 $12,875 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10126094

Memphis Area Association of REALTORS®

APN: 04-4093-C0-0005