$225,000
SOLD APR 29, 2025

720 Forest Lake Dr Unit 3404 Memphis, TN 38117

Audubon Park Neighborhood
3 Beds
2.5 Baths
1,600-1,799 Sq Ft
25 Acres

Recently Sold

$125 Per Sq Ft

2% Below List Price

8 Days on Market

Highlights

  • Gated Community
  • Updated Kitchen
  • Landscaped Professionally
  • White Station High Rated A
  • 24.91 Acre Lot
  • Clubhouse

About This Home

As of April 2025

Stunning renovation on the largest floor plan in Audubon Square Condominiums with 3 Bdrs and 2.5 Baths. Open Floor Plan. Large Primary. Patio down and 2 Accesses to Balcony, Garage AND Carport. NEW: Flooring (Hardwood, Carpet, Tile), Quartz Counters, Interior Paint, Light Fixtures, 3 Fully Renovated Bathrooms, Recessed Lighting and Doors/Hardware. Complex has 3 swimming pools, renovated club house, tennis courts and a dog park. Within walking distance to Botanical Gardens, shopping and newly renovated Audubon Park Golf Course. No Rentals Permitted.

Last Agent to Sell the Property

Elizabeth Hendricks

Groome & Co. License #317026 Listed on: 03/20/2025

Last Buyer's Agent

Barbara Weir

Coldwell Banker Collins-Maury License #244749

Coldwell Banker Collins-Maury

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1976

Lot Details

  • End Unit
  • Dog Run
  • Landscaped Professionally
  • Few Trees

Home Design

  • Soft Contemporary Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,704 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Decorative Fireplace
  • Aluminum Window Frames
  • Living Room with Fireplace
  • Dining Room
  • Iron Doors
  • Attic

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • All Upper Level Bedrooms
  • Remodeled Bathroom
  • Separate Shower

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Parking

  • 1 Car Garage
  • Front Facing Garage
  • Garage Door Opener
  • Guest Parking

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 065010 A00240

Community Details

Overview

  • Property has a Home Owners Association
  • $360 Maintenance Fee
  • Audubon Square Condo Subdivision

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Townhouse Details

Home Type

Townhome

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Soft Contemporary
  • Attached Unit Type: End Unit, Town House
  • Detached Unit Type: General Residential
  • MLS Map #: 759B
  • MAAR Subdivision Name: COLONIAL ACRES
  • Condo: Yes
  • Number Of Stories: 2
  • Price Per Sq Ft: 132.04
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1704
  • Year Built: 1976
  • List Price/ Sq Ft: 134
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, 1/2 Bath
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Up, Primary Up, Renovated Bathroom, Half Bath Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 2, Shared Bath, Carpet
  • Bedroom 3 Description: Level 2, Shared Bath, Carpet
  • Bedrooms: 3
  • Fireplace: Decorative Only, In Living Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Updated/Renovated Kitchen, Breakfast Bar, Pantry, Washer/Dryer Connections
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet, Attic
  • Total Bathrooms: 2.1
  • Primary Bathroom Description: Separate Shower, Tile Floor
  • P R I M A R Y B E D R O O M: Level 2, Carpet

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Patio, Nbrhd Recreation Facility, Balcony, Well Landscaped Grounds, Pet Area
  • Exterior Windows: Aluminum/Steel Siding
  • Foundation: Conventional
  • Pool Description: Neighborhood
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: G1A
  • Parking Storage: Garage Door Opener(s), Front-Load Garage, Designated Guest Parking

Utilities

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

Association/Amenities

  • Condo Amenities: Tennis Court(s), Clubhouse
  • Condominium Association: Yes
  • Neighborhood Amenities: Club House, Gated Neighborhood, Pool, Tennis Court, Recreation Facilities

Fee Information

  • Monthly Maintenance Fee: 360

Lot Info

  • Lot Description: Some Trees, Professionally Landscaped
  • Lot Number: UNIT3404
  • Acreage: 24.91
  • Price Per Acre: 9193
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 065010 A00240

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2024
Closed on
Nov 1, 2024
Sold by
Grant Lindsey
Bought by
Buyerhouse Gp
Seller's Agent
Sherry Hulen
Crye-Leike, Inc., REALTORS
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$189,950
Sold Price
$132,000
Premium/Discount to List
-$57,950
-30.51%
Views
55

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
104.24%

Purchase Details

Listed on
Aug 5, 2018
Closed on
Apr 24, 2019
Sold by
Chen Juan Hong
Bought by
Grant Lindsey
Seller's Agent
KC Lam
Cordova Realty, Inc.
Buyer's Agent
Amy Murrah
BHHS McLemore & Co. Realty
List Price
$154,900
Sold Price
$137,000
Premium/Discount to List
-$17,900
-11.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.67%
Original Mortgage
$134,518
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 24, 2018
Sold by
Oakley Kerbi and Dearing Charlene
Bought by
Chen Juan Hong

Purchase Details

Closed on
May 12, 2017
Sold by
Chen Juan Hong
Bought by
Oakley Kerbi and Dearing Charlene

Purchase Details

Closed on
Aug 10, 2016
Sold by
Carrintgton Mortgage Servicellc
Bought by
Chen Juan Hong

Purchase Details

Closed on
May 26, 2014
Sold by
Mason Shuna
Bought by
Mason Shuna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,389
Interest Rate
4.36%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 23, 2006
Sold by
Davis Nicole J
Bought by
Mason Shuna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,973
Interest Rate
6.73%
Mortgage Type
FHA

Purchase Details

Closed on
May 14, 2004
Sold by
Woody David L and Woody Betty J
Bought by
Davis Nicole J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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 Type Sale Price Title Company
Warranty Deed $132,000 None Listed On Document
Warranty Deed $137,000 Quality Title Group Llc
Quit Claim Deed -- Quality Title Group Llc
Quit Claim Deed -- None Available
Warranty Deed $90,600 None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $121,900 None Available
Warranty Deed $116,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $105,000 Construction
Previous Owner $134,518 FHA
Previous Owner $109,389 FHA
Previous Owner $119,575 FHA
Previous Owner $119,973 FHA
Previous Owner $86,000 Purchase Money Mortgage
Previous Owner $88,000 Credit Line Revolving
Previous Owner $40,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2025 04/29/25 Sold $225,000 -1.7% $141 / Sq Ft
03/28/2025 03/28/25 Pending -- -- --
03/20/2025 03/20/25 For Sale $229,000 +73.5% $143 / Sq Ft
11/04/2024 11/04/24 Sold $132,000 -30.5% $83 / Sq Ft
10/27/2024 10/27/24 Pending -- -- --
10/25/2024 10/25/24 For Sale $189,950 0.0% $119 / Sq Ft
10/09/2024 10/09/24 Pending -- -- --
09/30/2024 09/30/24 Price Changed $189,950 -2.3% $119 / Sq Ft
09/22/2024 09/22/24 For Sale $194,500 +42.0% $122 / Sq Ft
04/29/2019 04/29/19 Sold $137,000 -2.1% $86 / Sq Ft
02/22/2019 02/22/19 Price Changed $139,950 -5.8% $87 / Sq Ft
10/09/2018 10/09/18 Price Changed $148,500 -4.1% $93 / Sq Ft
08/05/2018 08/05/18 For Sale $154,900 -- $97 / 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 -- $48,000 $4,925 $43,075
2024 $1,244 $36,700 $4,925 $31,775
2023 $2,236 $36,700 $4,925 $31,775
2022 $2,236 $36,700 $4,925 $31,775
2021 $2,262 $36,700 $4,925 $31,775
2020 $2,196 $30,300 $4,925 $25,375
2019 $968 $30,300 $4,925 $25,375
2018 $968 $30,300 $4,925 $25,375
2017 $991 $30,300 $4,925 $25,375
2016 $1,191 $27,250 $0 $0
2014 $1,191 $27,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10192446

Memphis Area Association of REALTORS®

APN: 06-5010-A0-0240