NOT LISTED FOR SALE

485 Fountain Crest Cove Memphis, TN 38120

East Memphis Neighborhood

Estimated Value: $296,000 - $347,000

3 Beds
2 Baths
1,600-1,799 Sq Ft
$176/Sq Ft Est. Value

Last Sold August 28, 2015

Last sale price $195,000 $108 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,941/month

26 Days on Market

Highlights

  • Lake On Lot
  • Gated Community
  • Community Lake
  • Richland Elementary School Rated 9+
  • Waterfront
  • Vaulted Ceiling

About This Home

As of August 2015

Great east Memphis location in Fountain Pointe! Split bedroom, open plan in gated community! Three bedrooms, 2 baths, luxury master bath with tile, separate whirlpool tub and shower with large walk in closet. Features laminate flooring, tile and new carpet. Fresh paint! Covered patio with great view of water, wrought iron fence, yard maintained by homeowners association. End unit overlooks water!

Last Agent to Sell the Property

James Abell

REMAX Experts License #15398 Listed on: 07/12/2015

REMAX Experts

Last Buyer's Agent

Leslie O'Leary

McWaters & Associates License #296220

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1999

Lot Details

  • 8,276 Sq Ft Lot
  • Waterfront
  • Wrought Iron Fence
  • Landscaped
  • Corner Lot
  • Level Lot

HOA Fees

  • $103 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,692 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Factory Built Fireplace
  • Some Wood Windows
  • Great Room
  • Combination Dining and Living Room
  • Breakfast Room
  • Den with Fireplace
  • Water Views
  • Laundry Room

Flooring

  • Wood
  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Parking

  • 2 Car Garage
  • Side Facing Garage
  • Driveway

Outdoor Features

  • Lake On Lot
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 068071 C00018

Community Details

Overview

  • Fountain Pointe Pd Phase A 2 Subdivision
  • Mandatory home owners association
  • Community Lake

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 1999

Lot Details

0

HOA Fees

$103 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: FOUNTAIN POINTE PH A-2
  • List Price Per Sq Ft: 118
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1692
  • Year Built: 1999
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down, Primary Down, Vaulted/Coffered Primary, Split Bedroom Plan, Luxury Primary Bath, Whirlpool(s), Separate Tub & Shower, Full Bath Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 1, Shared Bath, Hardwood Floor
  • Bedroom 3 Description: Level 1, Shared Bath, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Prefabricated, In Den/Great Room
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet, Tile, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Living Dining Kitchen: Great Room, LR/DR Combination, Separate Breakfast Room
  • Misc Interior: Walk-In Closet(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet
  • Primary Bathroom Description: Whirlpool Tub, Separate Shower, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Carpet

Exterior Features

  • Misc Exterior: Covered Patio, Iron Fence
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2
  • Parking Storage: Driveway/Pad, Side-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central, Electric

Association/Amenities

  • Annual Association Fee: 1240
  • Neighborhood Amenities: Lake, Gated Neighborhood
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Level, Lake/Pond on Property, Water Frontage, Water View, Corner, Landscaped, Iron Fenced
  • Lot Number: 91
  • Acreage: 0.19
  • Lot Size: 8268 SF 58 X 191

Tax Info

  • Assessor Parcel Number: 068071 C00018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2015
Closed on
Aug 28, 2015
Sold by
Us Bank Na
Bought by
Schriner Elizabeth
Seller's Agent
James Abell
REMAX Experts
Buyer's Agent
Leslie O'Leary
McWaters & Associates
List Price
$199,900
Sold Price
$195,000
Premium/Discount to List
-$4,900
-2.45%
Current Estimated Value
$315,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,223
Avg. Annual Appreciation
4.79%
Original Mortgage
$175,500
Outstanding Balance
$137,605
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$178,332

Purchase Details

Closed on
May 30, 2014
Sold by
Kirby David M and Kirby Karen M
Bought by
Us Bank Na

Purchase Details

Closed on
Jan 12, 2000
Sold by
Lenox Homes Llc
Bought by
Kirby David M and Kirby Karen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,200
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Schriner Elizabeth $195,000 Home Surety Title & Escrow L
Us Bank Na $200,000 None Available
Kirby David M $176,000 Southern Escrow Title Compan
Kirby David M $176,000 Southern Escrow Title Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schriner Elizabeth $175,500
Previous Owner Kirby David M $167,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2015 08/28/15 Sold $195,000 -2.5% $122 / Sq Ft
08/07/2015 08/07/15 Pending -- -- --
07/12/2015 07/12/15 For Sale $199,900 -- $125 / 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 $2,161 $74,900 $16,500 $58,400
2024 $2,161 $63,750 $25,150 $38,600
2023 $3,883 $63,750 $25,150 $38,600
2022 $3,883 $63,750 $25,150 $38,600
2021 $4,143 $69,950 $25,150 $44,800
2020 $3,895 $53,750 $25,150 $28,600
2019 $3,895 $53,750 $25,150 $28,600
2018 $3,895 $53,750 $25,150 $28,600
2017 $2,209 $53,750 $25,150 $28,600
2016 $2,381 $54,475 $0 $0
2014 $2,381 $54,475 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    James Abell

    RE/MAX

    Section Image
  • Leslie O'Leary

    Buyer's Agent in 2015

    Leslie O'Leary

    McWaters & Associates

    (901) 240-8368

    2 in this area

    27 Total Sales

    Leslie O'Leary
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9956795

Memphis Area Association of REALTORS®

APN: 06-8071-C0-0018

Tennessee Shelby County Memphis 38120 East Memphis

485 Fountain Crest Cove, Memphis, TN

Not Listed for Sale

Detached

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