NOT LISTED FOR SALE

5572 Fountain Bay Dr Memphis, TN 38120

Audubon Park Neighborhood

Estimated Value: $341,000 - $367,646

3 Beds
2 Baths
1,800-1,999 Sq Ft
$177/Sq Ft Est. Value

Last Sold October 26, 2015

Last sale price $220,000 $110 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $2,322/month

105 Days on Market

Highlights

  • Landscaped Professionally
  • Vaulted Ceiling
  • Attic
  • Richland Elementary School Rated A-
  • Traditional Architecture
  • Sun or Florida Room

About This Home

As of October 2015

VACANT, SHARP, & READY TO GO!! Immediate possession. Lots of high ceilings, enclosed patio from master & great room. Spacious kitchen with island too! Both large master & great room both have vaulted ceilings. Refrigerator, washer & dryer stays. Gated community and close to so much shopping. So far away to think you are in the country yet close to expressway as well. Get up and go. Clean, neat. Just an awesome home that is waiting for you!

Last Agent to Sell the Property

Chet Whitsitt

Crye-Leike, Inc., REALTORS License #208134 Listed on: 06/09/2015

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

C. Lauren Jones

Crye-Leike, Inc., REALTORS License #308130

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,575

Year Built

  • Built in 1999

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50 x 163
  • Wrought Iron Fence
  • Landscaped Professionally
  • Sprinklers on Timer
  • Zero Lot Line

HOA Fees

  • $107 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,992 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Window Treatments
  • Aluminum Window Frames
  • Great Room
  • Den with Fireplace
  • Sun or Florida Room
  • Screened Porch
  • Wall to Wall Carpet
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Fire and Smoke Detector
  • Termite Clearance

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • On-Street Parking

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Community Details

  • Fountain Pointe Pd Phase A 1 Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 068071 B00070

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,575

Year Built

Built in 1999

Lot Details

0

HOA Fees

$107 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: MASON
  • MLS Map #: 756B
  • MAAR Subdivision Name: FOUNTAIN POINTE PH A-1
  • List Price Per Sq Ft: 112
  • Number Of Stories: 1
  • Price Per Sq Ft: 110.44
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1992
  • Termite Contract: Yes
  • Year Built: 1999
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Vaulted/Coffered Primary, Luxury Primary Bath, Double Vanity Bath
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedroom 2 Description: Level 1, Smooth Ceiling, Carpet
  • Bedroom 3 Description: Level 1, Smooth Ceiling, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: In Den/Great Room, Gas Logs
  • Floors/Ceilings: Wall to Wall Carpet, Smooth Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Disposal, Refrigerator, Washer, Dryer, Cable Wired
  • Living Dining Kitchen: Great Room, Eat-In Kitchen, Breakfast Bar, Pantry
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Pull Down Attic Stairs, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Sun Room, Attic
  • Total Bathrooms: 2
  • Primary Bathroom Description: Double Sinks, Vaulted/Coffered Ceiling, Smooth Ceiling
  • P R I M A R Y B E D R O O M: Level 1, Full Bath, Smooth Ceiling

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Screen Porch, Covered Patio, Well Landscaped Grounds, Iron Fence
  • Exterior Windows: Brick Veneer, Aluminum Window(s), 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), Side-Load Garage, On-Street Parking

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central, Gas
  • Water Sewer: Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 1280
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Professionally Landscaped, Iron Fenced
  • Lot Number: 70
  • Acreage: 0.18
  • Lot Size: 50 X 163
  • Price Per Acre: 1238889
  • Zero Lot Line: Yes

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 068071 B00070

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2015
Closed on
Oct 20, 2015
Sold by
Park J Kenneth
Bought by
Bai Bing and Zheng Qian
Seller's Agent
Chet Whitsitt
Crye-Leike, Inc., REALTORS
Buyer's Agent
C. Lauren Jones
Crye-Leike, Inc., REALTORS
List Price
$230,000
Sold Price
$220,000
Premium/Discount to List
-$10,000
-4.35%
Current Estimated Value
$362,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,031
Avg. Annual Appreciation
5.06%
Original Mortgage
$198,000
Outstanding Balance
$157,534
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$199,209

Purchase Details

Closed on
Sep 23, 1999
Sold by
Lenox Homes Llc
Bought by
Park Sallie Sue and Lewis Billie Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,800
Interest Rate
7.89%
Source: Public Records

Range of Values:

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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
Bai Bing $220,000 Realty Title & Escrow Co Inc
Park Sallie Sue $189,753 Southern Escrow Title Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bai Bing $198,000
Closed Bai Bing $198,000
Previous Owner Park Sallie S $158,000
Previous Owner Lewis Billie R $158,400
Previous Owner Lewis Billie R $158,400
Previous Owner Park Sallie Sue $151,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2015 10/26/15 Sold $220,000 -4.3% $122 / Sq Ft
09/22/2015 09/22/15 Pending -- -- --
06/09/2015 06/09/15 For Sale $230,000 -- $128 / 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 $2,575 $86,225 $16,500 $69,725
2024 $2,575 $75,950 $24,400 $51,550
2023 $4,627 $75,950 $24,400 $51,550
2022 $4,627 $75,950 $24,400 $51,550
2021 $4,681 $75,950 $24,400 $51,550
2020 $4,697 $64,825 $24,400 $40,425
2019 $4,697 $64,825 $24,400 $40,425
2018 $4,697 $64,825 $24,400 $40,425
2017 $2,664 $64,825 $24,400 $40,425
2016 $2,595 $59,375 $0 $0
2014 $2,595 $59,375 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chet Whitsitt

    Seller's Agent in 2015

    Chet Whitsitt

    Crye-Leike, Inc., REALTORS

    (901) 484-5689

    3 in this area

    30 Total Sales

    Section Image
  • C. Lauren Jones

    Buyer's Agent in 2015

    C. Lauren Jones

    Crye-Leike, Inc., REALTORS

    (901) 277-3005

    15 in this area

    108 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9953922

Memphis Area Association of REALTORS®

APN: 06-8071-B0-0070

Tennessee Shelby County Memphis 38120 Audubon Park

5572 Fountain Bay Dr, Memphis, TN

This home is located at 5572 Fountain Bay Dr, Memphis, TN 38120 since 09 June 2015 and is currently estimated at $354,412, approximately $177 per square foot. This property was built in 1999. 5572 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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