NOT LISTED FOR SALE

722 Forest Lake Dr Unit 3403 Memphis, TN 38117

Audubon Park Neighborhood

Estimated Value: $174,000 - $204,000

2 Beds
2 Baths
1,400-1,599 Sq Ft
$116/Sq Ft Est. Value

Last Sold January 13, 2014

Last sale price $75,000 $47 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $1,029/month

Highlights

  • In Ground Pool
  • Clubhouse
  • Covered Patio or Porch
  • White Station High Rated A
  • Traditional Architecture
  • Balcony

About This Home

As of January 2014

Great East Memphis location,close to shopping,Priced to sell,Gated Community,large clubhouse, tennis court new dog park, and 3 pools, well kept secure neighborhood. updated Bathroom, ready to move in. Complex is FHA approved

Last Agent to Sell the Property

Steven Beaty

Heritage Homes Co. License #325588 Listed on: 05/04/2013

Last Buyer's Agent

Loura Edmondson

Crye-Leike, Inc., REALTORS License #201867

Crye-Leike, Inc., REALTORS

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $483

Year Built

  • Built in 1976

Lot Details

  • Landscaped

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,501 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Some Wood Windows
  • Aluminum Window Frames
  • Dining Room

Kitchen

  • Self-Cleaning Oven
  • Dishwasher
  • Disposal

Flooring

  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Dressing Area
  • 2 Full Bathrooms

Home Security

  • Security Gate
  • Termite Clearance
  • Iron Doors

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Guest Parking

Outdoor Features

  • In Ground Pool
  • Balcony
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 065010 A00239

Community Details

Overview

  • Property has a Home Owners Association
  • $244 Maintenance Fee
  • Association fees include exterior maintenance, grounds maintenance
  • Audubon Square Community
  • Audubon Square Condo Subdivision

Amenities

  • Clubhouse

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$483

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: Town House
  • Cross Street: CROSSOVER
  • MLS Map #: 759B
  • MAAR Subdivision Name: COLONIAL ACRES
  • Condo: Yes
  • Number Of Stories: 2
  • Price Per Sq Ft: 49.97
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1501
  • Termite Contract: Yes
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Up
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 2, Walk-In Closet, Shared Bath
  • Bedrooms: 2
  • Fireplace: Gas Logs
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet, Tile
  • Full Bathrooms: 2
  • Equipment: Self Cleaning Oven, Disposal, Dishwasher
  • Living Dining Kitchen: Separate Dining Room
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2
  • Primary Bathroom Description: Dressing Area, Tile Floor
  • P R I M A R Y B E D R O O M: Level 2

Exterior Features

  • Misc Exterior: Covered Patio, Balcony, Well Landscaped Grounds
  • Exterior Windows: Brick Veneer, Wood/Composition, Aluminum Window(s), Steel Insulated Door(s)
  • Foundation: Slab
  • Pool Description: In Ground
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 1
  • Parking Display: G1A
  • Parking Storage: Driveway/Pad, Garage Door Opener(s), Designated Guest Parking

Utilities

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

Association/Amenities

  • Condo Amenities: Clubhouse w/ Kitchen
  • Condo Fees Include: Exterior Maintenance, Grounds Maintenance
  • Condominium Association: Yes
  • Condominium Name: Audubon Square

Fee Information

  • Monthly Maintenance Fee: 244

Lot Info

  • Lot Number: UNIT3403
  • Price Per Acre: 3513

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 065010 A00239

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2013
Closed on
Jan 13, 2014
Sold by
Shore Amy F
Bought by
Fitchett Linda J and Adoue Terri S
Seller's Agent
Steven Beaty
Heritage Homes Co.
Buyer's Agent
Loura Edmondson
Crye-Leike, Inc., REALTORS
List Price
$107,555
Sold Price
$75,000
Premium/Discount to List
-$32,555
-30.27%
Current Estimated Value
$185,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,801
Avg. Annual Appreciation
8.03%

Purchase Details

Closed on
May 3, 2010
Sold by
Fingerett Eve Abram
Bought by
Shore Amy F

Purchase Details

Closed on
Jun 9, 1995
Bought by
Fingerett Lois A
Source: Public Records

Range of Values:

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Average Value
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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
Fitchett Linda J $75,000 Realty Title & Escrow Co
Shore Amy F $30,000 None Available
Fingerett Lois A $73,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2014 01/13/14 Sold $75,000 -30.3% $54 / Sq Ft
01/12/2014 01/12/14 Pending -- -- --
05/04/2013 05/04/13 For Sale $107,555 -- $77 / 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 $483 $48,550 $4,275 $44,275
2024 $483 $33,350 $4,275 $29,075
2023 $2,032 $33,350 $4,275 $29,075
2022 $2,032 $33,350 $4,275 $29,075
2021 $2,055 $33,350 $4,275 $29,075
2020 $1,868 $25,775 $4,275 $21,500
2019 $1,868 $25,775 $4,275 $21,500
2018 $1,868 $25,775 $4,275 $21,500
2017 $1,059 $25,775 $4,275 $21,500
2016 $983 $22,500 $0 $0
2014 $983 $22,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3270959

Memphis Area Association of REALTORS®

APN: 06-5010-A0-0239