$155,000
SOLD MAY 13, 2024

3721 California Terrace Dr Unit 5 Memphis, TN 38122

Audubon Park Neighborhood
2 Beds
2.5 Baths
1,200-1,399 Sq Ft
$150/mo HOA Fee

Recently Sold

$111 Per Sq Ft

9% Below List Price

264 Days on Market

Highlights

  • Traditional Architecture
  • Attic
  • Recreation Facilities
  • Wood Flooring
  • End Unit
  • 1 Car Attached Garage

About This Home

As of May 2024

Brand new HVAC, hot water heater & range! Seller to give buyer $1,800 credit towards 1 year of HOA fees. Experience effortless living in this low-maintenance condo nestled within High Point Terrace. The inviting open floor plan features laminate wood flooring throughout creating a cozy living space with a stone fireplace. The stylish kitchen showcases a brand-new electric range & SS appliances. Two spacious bedrooms along with a generously-sized laundry room for convenience.

Last Agent to Sell the Property

Meredith Vezina

Keller Williams License #340765 Listed on: 08/11/2023

Keller Williams

Co-Listed By

John Moore

Keller Williams License #338713

Last Buyer's Agent

Cheryl Muhammad

Assured Real Estate Services License #274007

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $679

Year Built

  • Built in 1986

Lot Details

  • 436 Sq Ft Lot
  • Lot Dimensions are 27x37
  • End Unit
  • Wood Fence
  • Few Trees

HOA Fees

  • $150 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
  • Popcorn or blown ceiling
  • Ceiling Fan
  • Fireplace Features Masonry
  • Window Treatments
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Attic Access Panel
  • Laundry Room

Kitchen

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

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Home Security

  • Monitored
  • Iron Doors

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Parking Lot

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 044093 C00005

Community Details

Overview

  • California Terrace Homes Subdivision
  • Mandatory home owners association

Recreation

  • Recreation Facilities

Security

  • Storm Doors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$679

Year Built

Built in 1986

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: End Unit, Town House
  • Detached Unit Type: General Residential
  • MLS Map #: 752E
  • MAAR Subdivision Name: CALIFORNIA TERRACE HOMES
  • Number Of Stories: 2
  • Price Per Sq Ft: 117.25
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1322
  • Year Built: 1986
  • List Price/ Sq Ft: 117
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, 1/2 Bath
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom, 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, Hardwood Floor
  • Bedrooms: 2
  • Fireplace: Masonry, In Living Room
  • Floors/Ceilings: Wood Laminate Floors, Tile, Sprayed Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher
  • Living Dining Kitchen: LR/DR Combination, Eat-In Kitchen, Breakfast Bar
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Attic Access, Security System
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Attic
  • Total Bathrooms: 2.1
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 2, Walk-In Closet, Hardwood Floor

Exterior Features

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

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 1
  • Parking Display: G1A
  • Parking Storage: Front-Load Garage, Parking Lot

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central, Gas
  • Security: Monitored Alarm System, Iron Door(s)
  • Water Sewer: Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 1800
  • Neighborhood Amenities: Recreation Facilities
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Level, Wood Fenced
  • Lot Number: UNIT 5
  • Acreage: 0.01
  • Lot Size: 27X37
  • Price Per Acre: 15500000

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
5.34%
Original Mortgage
$6,975
Outstanding Balance
$5,046
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$160,187

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: 10154187

Memphis Area Association of REALTORS®

APN: 04-4093-C0-0005