NOT LISTED FOR SALE

4356 Mountain Terrace St Memphis, TN 38127

Frayser Neighborhood

Estimated Value: $88,000 - $138,000

3 Beds
1 Bath
1,008 Sq Ft
$109/Sq Ft Est. Value

Last Sold October 11, 2021

Last sale price $54,500 $54 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $614/month

108 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • Property has 3 Levels
  • No HOA
  • Carpet

About This Home

As of October 2021

Gr Investment opportunity. Section 8 tenants. Rent is 500. Lease ends February 28. You can have cash flow or flip property when lease expires. No sign. Make offers subject to inspection.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $589

Year Built

  • Built in 1969

Lot Details

  • 10,454

Parking

  • Parking Pad

Home Design

  • Traditional Architecture

Interior Spaces

  • Property has 3 Levels
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Additional Features

  • 10,454 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

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

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 071048 00176

Home Details

Home Type

Single Family

Est. Annual Taxes

$589

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1969
  • Unit Levels: Three Or More
  • Building Stories: 1
  • Year Built Details: Existing
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Carpet
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Building Area Units: Square Feet
  • Living Area Units: Square Feet

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Pad

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.24
  • Lot Size: 85.505/99.51 X 115.985/120.0
  • Lot Size Units: Acres
  • Parcel #: 071048 00176
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 589
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 20, 2020
Sold by
Pugh Mark E and Pugh Timothy L
Bought by
Tm Investment Properties Llc
Current Estimated Value
$109,762

Purchase Details

Closed on
Jul 14, 2005
Sold by
Muhammad William
Bought by
Jpmorgan Chase Bank

Purchase Details

Closed on
Jul 12, 2002
Sold by
Union Planters Bank National Assn
Bought by
Muhammad William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,655
Interest Rate
9.04%

Purchase Details

Closed on
Nov 8, 2001
Sold by
Clark Norzetta T
Bought by
Union Planters Bank National Assn

Purchase Details

Closed on
Apr 27, 1998
Sold by
Bailey Vaughn Company Inc
Bought by
Clark Norzetta T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,350
Interest Rate
7.03%

Purchase Details

Closed on
Jan 19, 1996
Sold by
Dyke J Benton
Bought by
Hud
Source: Public Records

Range of Values:

Collateral Analytics

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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
Tm Investment Properties Llc -- None Available
Jpmorgan Chase Bank $32,625 --
Muhammad William $44,900 --
Union Planters Bank National Assn $61,229 --
Clark Norzetta T $55,000 --
Hud -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Muhammad William $42,655
Previous Owner Clark Norzetta T $53,350
Closed Clark Norzetta T $3,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2021 10/11/21 Sold $54,500 -21.0% $54 / Sq Ft
10/11/2021 10/11/21 Pending -- -- --
06/25/2021 06/25/21 For Sale $69,000 -- $68 / 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 $480 $21,725 $2,900 $18,825
2024 $480 $14,150 $2,475 $11,675
2023 $862 $14,150 $2,475 $11,675
2022 $862 $14,150 $2,475 $11,675
2021 $384 $14,150 $2,475 $11,675
2020 $643 $8,875 $2,475 $6,400
2019 $284 $8,875 $2,475 $6,400
2018 $284 $8,875 $2,475 $6,400
2017 $359 $10,975 $2,475 $8,500
2016 $331 $7,575 $0 $0
2014 $331 $10,550 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 3008707

Realtracs

APN: 07-1048-0-0176