NOT LISTED FOR SALE

480 Fountain Crest Cove Memphis, TN 38120

East Memphis Neighborhood

Estimated Value: $327,000 - $413,000

3 Beds
2.5 Baths
1,916 Sq Ft
$188/Sq Ft Est. Value

Last Sold February 20, 2024

Last sale price $355,000 $185 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,066/month

72 Days on Market

Highlights

  • Water Views
  • Gated Community
  • Wood Flooring
  • Richland Elementary School Rated 9+
  • Traditional Architecture
  • 1 Fireplace

About This Home

As of February 2024

The one you've been waiting for! Beautiful East Memphis 3 bed 2.5 bath home situated in a quiet cove in a gated community near White Station Middle & Richland Elementary Schools! Open floor plan. Primary bathroom and kitchen have been recently updated. Amazing views from the enclosed covered patio in the backyard overlooking neighborhood lake. Extended patio slab. Lake access for fishing, paddle boating, etc. Call today for your private showing.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,673

Year Built

  • Built in 2000

Lot Details

  • 6,534 Sq Ft Lot

Parking

  • 2 Car Garage
  • Parking Pad
  • Side Facing Garage

Home Design

  • Traditional Architecture
  • Shingle Roof

Interior Spaces

  • 1,916 Sq Ft Home
  • Property has 3 Levels
  • 1 Fireplace
  • Water Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 89
  • Assessor Parcel Number 068071 C00016

Community Details

Overview

  • Property has a Home Owners Association
  • Fountain Pointe Pd Phase A 2 Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,673

Year Built

Built in 2000

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 2000
  • Unit Levels: Three Or More
  • Building Stories: 2
  • Year Built Details: Existing
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range, Oven
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Wood, Tile
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Building Area Units: Square Feet
  • Living Area: 1916
  • Living Area Units: Square Feet

Exterior Features

  • Foundation Details: Slab
  • Pool Private: No
  • Roof: Shingle
  • View: Water
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Faces Side, Parking Pad
  • Total Parking Spaces: 2

Utilities

  • Sewer: Other
  • Water Source: Other
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas
  • Heating Yn: Yes
  • Utilities: Natural Gas Available

Condo/Co-op/Association

  • Association Fee: 1371
  • Amenities: Gated
  • Association: Yes
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size: 6344 SF 50 X 127
  • Lot Size Units: Acres
  • Parcel #: 068071 C00016
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 3673
  • Tax Lot: 89

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2023
Closed on
Feb 14, 2024
Sold by
Kershner Michael and Kershner Penny
Bought by
Husseini Danielle
List Price
$369,000
Sold Price
$355,000
Premium/Discount to List
-$14,000
-3.79%
Views
154
Current Estimated Value
$360,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,450
Avg. Annual Appreciation
0.84%
Original Mortgage
$284,000
Outstanding Balance
$278,473
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$81,977

Purchase Details

Closed on
Aug 27, 2008
Sold by
Wilson Linda H
Bought by
Kershner Penny and Kershner Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,537
Interest Rate
6.48%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 31, 2000
Sold by
Lenox Homes Llc
Bought by
Wilson Linda H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,700
Interest Rate
8.11%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Husseini Danielle $355,000 Closetrak Closing & Title Serv
Kershner Penny $223,000 Chicago Title Ins Co
Wilson Linda H $174,722 Southern Escrow Title Compan
Wilson Linda H $174,722 Southern Escrow Title Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Husseini Danielle $284,000
Previous Owner Kershner Penny $205,537
Previous Owner Wilson Linda H $137,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2024 02/20/24 Sold $355,000 -3.8% $185 / Sq Ft
01/20/2024 01/20/24 Pending -- -- --
11/09/2023 11/09/23 For Sale $369,000 -- $193 / 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 $2,044 $88,300 $16,500 $71,800
2024 $2,044 $60,300 $19,300 $41,000
2023 $3,673 $60,300 $19,300 $41,000
2022 $3,673 $60,300 $19,300 $41,000
2021 $4,183 $67,875 $19,300 $48,575
2020 $3,895 $53,750 $19,300 $34,450
2019 $3,895 $53,750 $19,300 $34,450
2018 $4,087 $56,400 $19,300 $37,100
2017 $2,318 $56,400 $19,300 $37,100
2016 $2,093 $47,900 $0 $0
2014 $2,093 $47,900 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 3021111

Realtracs

APN: 06-8071-C0-0016