NOT LISTED FOR SALE

5571 Fountain Bay Dr Memphis, TN 38120

Audubon Park Neighborhood

Estimated Value: $272,073 - $293,000

2 Beds
2 Baths
1,200-1,399 Sq Ft
$201/Sq Ft Est. Value

Last Sold October 03, 2016

Last sale price $173,000 $124 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,760/month

Highlights

  • Gated Parking
  • Gated Community
  • Landscaped Professionally
  • Richland Elementary School Rated A-
  • Updated Kitchen
  • Community Lake

About This Home

As of October 2016

You'll love this traditional home with open concept floor plan, in a low maintenance gated community! The master suite is on the main level and includes his & hers walk-in closets, w/ double sinks, separate toilet room. High ceilings in the living room. New Carpet and fresh paint on outside trim. Yard service included. Fenced patio with hot tub hookup. Neighborhood lake. Guest parking in front of home. 1 year home warranty in place for buyer.

Last Agent to Sell the Property

Kelly Erb

Marx-Bensdorf, REALTORS License #327414 Listed on: 07/22/2016

Last Buyer's Agent

Betty Carter

Crye-Leike, Inc., REALTORS License #222312

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,865

Year Built

  • Built in 1999

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 35 x 115
  • Wood Fence
  • Landscaped Professionally
  • Level Lot
  • Zero Lot Line

HOA Fees

  • $103 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,250 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Window Treatments
  • Great Room
  • Dining Room
  • Den with Fireplace

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Gated Parking
  • Guest Parking

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 068071 B00031

Community Details

Overview

  • Fountain Pointe Pd Phase A 1 Subdivision
  • Mandatory home owners association
  • Community Lake
  • Planned Unit Development

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,865

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
  • Cross Street: Yates
  • MLS Map #: 756B
  • MAAR Subdivision Name: FOUNTAIN POINTE PH A-1
  • List Price Per Sq Ft: 140
  • Number Of Stories: 1
  • Price Per Sq Ft: 138.4
  • Prop Construction Status: Existing Property
  • Planned Unit Development: Yes
  • Estimated Sq Ft: 1250
  • Year Built: 1999
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Split Bedroom Plan, Luxury Primary Bath, Double Vanity Bath, Separate Tub & Shower, Full Bath Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1, Walk-In Closet, Private Full Bath, Smooth Ceiling, Carpet
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Fireplace: Vented Gas Fireplace, In Den/Great Room, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Self Cleaning Oven, Disposal, Dishwasher, Microwave, Refrigerator, Cable Wired, Satellite Dish
  • Living Dining Kitchen: Separate Dining Room, Great Room, Updated/Renovated Kitchen, Breakfast Bar, Pantry, Washer/Dryer Connections
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Security System, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room
  • Total Bathrooms: 2
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Vaulted/Coffered Ceiling, 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, Smooth Ceiling, Carpet

Exterior Features

  • Misc Exterior: Porch, Patio
  • Exterior Windows: Double Pane Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Garage Door Opener(s), Back-Load Garage, Gated Parking, Gate Clickers, Designated Guest Parking

Utilities

  • Cooling: Central, Ceiling Fan(s), 220 Wiring
  • Heating: Central, Gas
  • Security: Smoke Detector(s)
  • Water Sewer: Gas Water Heater, Public Water

Association/Amenities

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

Lot Info

  • Lot Description: Level, Professionally Landscaped, Wood Fenced
  • Lot Number: 31
  • Acreage: 0.09
  • Lot Size: 35 X 115
  • Price Per Acre: 1944444
  • Zero Lot Line: Yes

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 068071 B00031

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 24, 2020
Sold by
Ludwig Donna M
Bought by
Gallagher Terri L and Wiley Sandra E
Current Estimated Value
$281,768

Purchase Details

Listed on
Jul 22, 2016
Closed on
Sep 30, 2016
Sold by
Pate Bradley H
Bought by
Ludwig Donna Mclear
Seller's Agent
Kelly Erb
Marx-Bensdorf, REALTORS
Buyer's Agent
Betty Carter
Crye-Leike, Inc., REALTORS
List Price
$189,000
Sold Price
$173,000
Premium/Discount to List
-$16,000
-8.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.62%
Original Mortgage
$138,400
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2002
Sold by
Dodge Henry C
Bought by
Pate Dorothy C and Pate Bradley Houston

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,800
Interest Rate
6.79%

Purchase Details

Closed on
Sep 8, 1999
Sold by
Lenox Homes Llc
Bought by
Dodge Henry C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,727
Interest Rate
7.91%
Source: Public Records

Range of Values:

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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
Gallagher Terri L $221,500 None Listed On Document
Ludwig Donna Mclear $173,000 Realty Title
Pate Dorothy C $146,000 --
Dodge Henry C $130,694 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ludwig Donna Mclear $138,400
Previous Owner Pate Dorothy C $126,000
Previous Owner Pate Dorothy C $116,550
Previous Owner Pate Dorothy C $116,800
Previous Owner Dodge Henry C $110,727
Closed Pate Dorothy C $21,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2016 10/03/16 Sold $173,000 -8.5% $144 / Sq Ft
09/22/2016 09/22/16 Pending -- -- --
07/22/2016 07/22/16 For Sale $189,000 -- $158 / 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 $1,865 $69,425 $9,725 $59,700
2024 $1,865 $55,000 $10,100 $44,900
2023 $3,350 $55,000 $10,100 $44,900
2022 $3,350 $55,000 $10,100 $44,900
2021 $3,390 $55,000 $10,100 $44,900
2020 $2,848 $39,300 $10,100 $29,200
2019 $1,256 $39,300 $10,100 $29,200
2018 $1,256 $39,300 $10,100 $29,200
2017 $1,286 $39,300 $10,100 $29,200
2016 $1,640 $37,525 $0 $0
2014 $1,640 $37,525 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kelly Erb

    Seller's Agent in 2016

    Kelly Erb

    Marx-Bensdorf, REALTORS

    (901) 355-3830

    40 in this area

    122 Total Sales

    Kelly Erb
    Section Image
  • Betty Carter

    Buyer's Agent in 2016

    Betty Carter

    Crye-Leike

    (901) 503-1263

    2 in this area

    77 Total Sales

    Betty Carter
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9982512

Memphis Area Association of REALTORS®

APN: 06-8071-B0-0031

Tennessee Shelby County Memphis 38120 Audubon Park

5571 Fountain Bay Dr, Memphis, TN

This home is located at 5571 Fountain Bay Dr, Memphis, TN 38120 since 22 July 2016 and is currently estimated at $281,768, approximately $201 per square foot. This property was built in 1999. 5571 Fountain Bay Dr is a home located in Shelby County with nearby schools including Richland Elementary School, White Station Middle, and White Station High.

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