NOT LISTED FOR SALE

4315 Mountain Terrace St Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $81,000 - $110,000

3 Beds
1 Bath
911 Sq Ft
$104/Sq Ft Est. Value

Last Sold April 16, 2019

Last sale price $20,500 $23 Per Sq Ft

Est. 363% increase in value since last sale

Current estimated payment $534/month

12 Days on Market

Highlights

  • Traditional Architecture
  • Cooling Available
  • Property has 3 Levels
  • No HOA
  • Heating Available

About This Home

As of April 2019

This is an as-is sale. It is in need of a complete rehab. Seller will consider all reasonable offers.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1968

Lot Details

  • 7,841 Sq Ft Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 911 Sq Ft Home
  • Property has 3 Levels

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • St Elmo 6Th Addn Rev Blk B Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 071048 00205

Home Details

Home Type

Single Family

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1968
  • Unit Levels: Three Or More
  • Building Stories: 1
  • Year Built Details: Existing
  • Special Features: None
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Other
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Building Area Units: Square Feet
  • Living Area: 911
  • Living Area Units: Square Feet

Exterior Features

  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No

Utilities

  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.18
  • Lot Size: 65.0/60.05 X 124.9
  • Lot Size Units: Acres
  • Parcel #: 071048 00205
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 797
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2022
Sold by
First Premier Properties Llc
Bought by
Patil Krittika Dinesh and Panchamukhi Shrinivas Anand
Current Estimated Value
$94,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,600
Outstanding Balance
$71,655
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$23,236

Purchase Details

Listed on
Apr 4, 2019
Closed on
Apr 10, 2019
Sold by
Sorroeix Inc
Bought by
First Premier Properties Llc
List Price
$24,950
Sold Price
$20,500
Premium/Discount to List
-$4,450
-17.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.40%
Original Mortgage
$41,500
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 26, 2018
Sold by
Property Factor Aus Llc
Bought by
Sorroeix Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,332,031
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 24, 2018
Sold by
Mount Allen Llc
Bought by
Property Factor Aus Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,332,031
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 5, 2012
Sold by
Reddoch Managment Llc
Bought by
Mount Allen Llc

Purchase Details

Closed on
Feb 29, 2008
Sold by
Adams John W
Bought by
Reddoch Management Llc
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
Patil Krittika Dinesh $94,500 Nexus Title & Escrow
First Premier Properties Llc $20,500 Delta Title Services Llc
Sorroeix Inc -- None Available
Property Factor Aus Llc -- None Available
Mount Allen Llc $42,900 None Available
Reddoch Management Llc $38,302 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patil Krittika Dinesh $75,600
Previous Owner First Premier Properties Llc $41,500
Previous Owner Sorroeix Inc $2,332,031
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2019 04/16/19 Sold $20,500 -17.8% $23 / Sq Ft
04/16/2019 04/16/19 Pending -- -- --
04/04/2019 04/04/19 For Sale $24,950 -- $27 / Sq Ft
Source: Realtracs

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 $456 $20,225 $2,750 $17,475
2024 $456 $13,450 $2,375 $11,075
2023 $819 $13,450 $2,375 $11,075
2022 $819 $13,450 $2,375 $11,075
2021 $974 $13,450 $2,375 $11,075
2020 $748 $10,325 $2,375 $7,950
2019 $330 $10,325 $2,375 $7,950
2018 $330 $10,325 $2,375 $7,950
2017 $338 $10,325 $2,375 $7,950
2016 $448 $10,250 $0 $0
2014 $448 $10,250 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 3026689

Realtracs

APN: 07-1048-0-0205

Tennessee Shelby County Memphis 38127 Frayser

4315 Mountain Terrace St, Memphis, TN

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