NOT LISTED FOR SALE

390 Fountain Lake Dr Memphis, TN 38120

East Memphis Neighborhood

Estimated Value: $330,000 - $363,000

3 Beds
2.5 Baths
1,800-1,999 Sq Ft
$172/Sq Ft Est. Value

Last Sold November 22, 2021

Last sale price $339,900 $170 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,117/month

17 Days on Market

Highlights

  • Gated Community
  • Updated Kitchen
  • Community Lake
  • Richland Elementary School Rated 9+
  • Waterfront
  • Vaulted Ceiling

About This Home

As of November 2021

Rare Opportunity to own a lovely 3bed/2.5 bath (plus bonus) home in the gated Fountain Pointe Community. You will love the vaulted ceilings, natural light, pretty updates, and serene living this home and neighborhood offer! Enjoy the lake view from your own back yard! Schedule your showing today! Appointments start at 1:00pm 10/8. **We have received multiple offers. Highest/Best due by 8PM Sunday 10/10. Offers reviewed Monday 10/11 morning at by 11 am.

Last Agent to Sell the Property

Marjo Labonte

McWaters & Associates License #331109 Listed on: 10/08/2021

Last Buyer's Agent

Barbie Dan

Ware Jones, REALTORS License #248919

Ware Jones, REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2000

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50 x 128
  • Waterfront
  • Landscaped

HOA Fees

  • $108 Monthly HOA Fees

Home Design

  • Soft Contemporary Architecture
  • Brick Veneer
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,933 Sq Ft Home
  • 1.5-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Great Room
  • Living Room with Fireplace
  • Breakfast Room
  • Den
  • Bonus Room
  • Attic

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • Gas Cooktop
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Iron Doors

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 068071 B00063

Community Details

Overview

  • Fountain Pointe Phase A 1 Subdivision
  • Mandatory home owners association
  • Community Lake

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2000

Lot Details

0

HOA Fees

$108 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Soft Contemporary
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: FOUNTAIN POINTE PH A-1
  • List Price Per Sq Ft: 176
  • Number Of Stories: 1.5
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1933
  • Year Built: 2000
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 1 1/2 Bath, Laundry Room, Breakfast Room
  • Second Story Floor Plan: 2nd Bedroom, 1 Bath, Bonus Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Double Vanity Bath, Half Bath Down
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedroom 2 Description: Level 2, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 3 Description: Level 2, Shared Bath, Smooth Ceiling, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 1
  • Fireplace: Ventless Gas Fireplace, In Living Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Gas Cooking, Disposal, Dishwasher, Refrigerator, Washer, Dryer
  • Living Dining Kitchen: Great Room, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Pantry, Island In Kitchen
  • Misc Interior: Walk-In Attic, Cat/Dog Free House, Security System
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Bonus Room, Attic
  • Primary Bathroom Description: Double Sinks, Separate Shower, 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: Patio
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Driveway/Pad, Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central, Electric
  • Security: Iron Door(s), Dead Bolt Lock(s)
  • Water Sewer: Electric Water Heater

Association/Amenities

  • Annual Association Fee: 1290
  • Neighborhood Amenities: Lake, Gated Neighborhood
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Water Frontage, Landscaped
  • Lot Number: 63
  • Acreage: 0.15
  • Lot Size: 50 X 128

Tax Info

  • Assessor Parcel Number: 068071 B00063

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2021
Closed on
Nov 22, 2021
Sold by
Stech Frank and Stech Frances A
Bought by
Swaminathan Sandhya and Swaminathan Sunderman
Seller's Agent
Marjo Labonte
McWaters & Associates
Buyer's Agent
Barbie Dan
Ware Jones, REALTORS
List Price
$339,900
Sold Price
$339,900
Current Estimated Value
$343,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,665
Avg. Annual Appreciation
0.27%

Purchase Details

Listed on
Nov 2, 2017
Closed on
Dec 15, 2017
Sold by
Dries Joshua
Bought by
Steach Frank and Volel Steach Frances Alix
Seller's Agent
Jennifer Hattley
Chamberwood Realty Group
Buyer's Agent
David Da Ponte
Sowell, Realtors
List Price
$274,900
Sold Price
$260,000
Premium/Discount to List
-$14,900
-5.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.04%
Original Mortgage
$208,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 10, 2012
Closed on
Jan 10, 2013
Sold by
Hidaji Hootan and Hidaji Monica
Bought by
Dries Joshua
Seller's Agent
Jeanne Billings
Coldwell Banker Collins-Maury
Buyer's Agent
Jennifer Hattley
Chamberwood Realty Group
List Price
$225,000
Sold Price
$215,000
Premium/Discount to List
-$10,000
-4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.93%
Original Mortgage
$204,250
Interest Rate
3.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2000
Sold by
Lenox Homes Llc
Bought by
Hidaji Hootan and Hidaji Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
7.94%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Swaminathan Sandhya $339,900 None Available
Steach Frank $260,000 None Available
Dries Joshua $215,000 Executive Title & Closing In
Hidaji Hootan $188,165 Southern Escrow Title Compan
Hidaji Hootan $188,165 Southern Escrow Title Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Steach Frank $208,000
Previous Owner Dries Joshua $204,250
Previous Owner Hidaji Hootan $159,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/22/2021 11/22/21 Sold $339,900 0.0% $189 / Sq Ft
10/25/2021 10/25/21 Pending -- -- --
10/08/2021 10/08/21 For Sale $339,900 +30.7% $189 / Sq Ft
12/15/2017 12/15/17 Sold $260,000 -5.4% $144 / Sq Ft View Prior Sale
11/20/2017 11/20/17 Pending -- -- --
11/02/2017 11/02/17 For Sale $274,900 +27.9% $153 / Sq Ft
01/10/2013 01/10/13 Sold $215,000 -4.4% $111 / Sq Ft View Prior Sale
12/21/2012 12/21/12 Pending -- -- --
10/10/2012 10/10/12 For Sale $225,000 -- $116 / 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 $2,418 $89,175 $16,500 $72,675
2024 $2,418 $71,325 $19,450 $51,875
2023 $4,345 $71,325 $19,450 $51,875
2022 $4,345 $71,325 $19,450 $51,875
2021 $4,396 $71,325 $19,450 $51,875
2020 $4,163 $57,450 $19,450 $38,000
2019 $1,836 $57,450 $19,450 $38,000
2018 $1,836 $57,450 $19,450 $38,000
2017 $1,879 $57,450 $19,450 $38,000
2016 $2,318 $53,050 $0 $0
2014 $2,318 $53,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Marjo Labonte

    Seller's Agent in 2021

    Marjo Labonte

    McWaters & Associates

    (901) 831-1741

    18 in this area

    85 Total Sales

    Marjo Labonte
    Section Image
  • Barbie Dan

    Buyer's Agent in 2021

    Barbie Dan

    Ware Jones, REALTORS

    (901) 335-7745

    51 in this area

    227 Total Sales

    Barbie Dan
    Section Image
  • Jennifer Hattley

    Seller's Agent in 2017

    Jennifer Hattley

    Chamberwood Realty Group

    (901) 481-5434

    40 Total Sales

    Jennifer Hattley
    Section Image

  • D

    Buyer's Agent in 2017

    David Da Ponte

    Sowell, Realtors

    (901) 278-4380

    19 in this area

    192 Total Sales

    David Da Ponte
    Section Image
  • Jeanne Billings

    Seller's Agent in 2013

    Jeanne Billings

    Coldwell Banker Collins-Maury

    (901) 493-0100

    7 in this area

    86 Total Sales

    Jeanne Billings
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10110244

Memphis Area Association of REALTORS®

APN: 06-8071-B0-0063

Tennessee Shelby County Memphis 38120 East Memphis

390 Fountain Lake Dr, Memphis, TN

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Memphis Area Association of REALTORS® Listing content and images Copyright 2025 Memphis Area Association of REALTORS®. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it.
Some or all of the listings displayed may not belong to the firm whose website is being visited.

Nearby Homes