NOT LISTED FOR SALE

745 Forest Lake Dr Unit 3703 Memphis, TN 38117

Audubon Park Neighborhood

Estimated Value: $169,000 - $205,000

2 Beds
1.5 Baths
1,400-1,599 Sq Ft
$117/Sq Ft Est. Value

Last Sold November 30, 2023

Last sale price $179,000 $112 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,088/month

13 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Clubhouse
  • White Station High Rated A
  • 24.91 Acre Lot
  • Vaulted Ceiling

About This Home

As of November 2023

Great opportunity to live in Audubon Square! Two bed, 1.5 bath townhome at a good price! Both bedrooms up. Custom kitchen cabinets/built-ins in dining room, new microwave/disposer/faucet, some fresh paint, covered patio, balcony off bedrooms. Two doors down from pool! Needs some updates, but move in ready. Single car garage and one uncovered parking place. Amenities include 3 pools, tennis/pickle ball courts, dog park, guest house, clubhouse. Close to everything! Owner occupant only.

Last Agent to Sell the Property

Margie Oneal

REMAX Experts License #279642 Listed on: 10/19/2023

REMAX Experts

Last Buyer's Agent

Ward Walthal

Marx-Bensdorf, REALTORS License #372256

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,131

Year Built

  • Built in 1976

Lot Details

  • Wrought Iron Fence
  • Landscaped
  • Few Trees

Home Design

  • Soft Contemporary Architecture
  • Slab Foundation
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,461 Sq Ft Home
  • 2-Story Property
  • Popcorn or blown ceiling
  • Vaulted Ceiling
  • Double Pane Windows
  • Window Treatments
  • Aluminum Window Frames
  • Entrance Foyer
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Den
  • Storage Room

Kitchen

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

Flooring

  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

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

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 065010 A00261

Community Details

Overview

  • Audubon Square Condo Subdivision

Amenities

  • Clubhouse
  • Guest Suites

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Security

  • Gated Community
  • Storm Doors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,131

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Soft Contemporary
  • Attached Unit Type: Town House
  • Cross Street: Audubon View
  • MLS Map #: 759B
  • MAAR Subdivision Name: COLONIAL ACRES
  • Condo: Yes
  • Number Of Stories: 2
  • Price Per Sq Ft: 122.52
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1461
  • Year Built: 1976
  • List Price/ Sq Ft: 123
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, 1/2 Bath, Laundry Room
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Up, Primary Up, Half Bath Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Carpet, Shared Bath, Level 2, Walk-In Closet
  • Bedrooms: 2
  • Fireplace: In Living Room
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet, Tile, Sprayed Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Cable Available
  • Living Dining Kitchen: LR/DR Combination, Breakfast Bar, Pantry
  • Misc Interior: All Window Treatments, Walk-In Closet(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet, Entry Hall, Storage Room
  • Total Bathrooms: 1.1
  • P R I M A R Y B E D R O O M: Carpet, Full Bath, Level 2

Exterior Features

  • Misc Exterior: Covered Patio, Balcony, Well Landscaped Grounds, Iron Fence
  • Exterior Windows: Vinyl Siding, Aluminum Window(s), Double Pane Window(s), Storm Door(s)
  • Foundation: Slab
  • Pool Description: Neighborhood
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 1
  • Parking Display: G1A
  • Parking Storage: Storage Room(s), Garage Door Opener(s), Front-Load Garage, Gate Clickers, Designated Guest Parking

Utilities

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

Association/Amenities

  • Condo Amenities: Tennis Court(s), Exercise Room, Clubhouse, Clubhouse w/ Kitchen, Clubhouse w/Dress Rooms, Clubhouse w/Baths, Guest Rm Available
  • Neighborhood Amenities: Club House, Gated Neighborhood, Pool, Tennis Court

Lot Info

  • Lot Description: Some Trees, Landscaped
  • Lot Number: UNIT3703
  • Acreage: 24.91
  • Lot Size: 24.91
  • Price Per Acre: 7222

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 065010 A00261

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2023
Closed on
Nov 16, 2023
Sold by
Ireland Julie L
Bought by
Knott Stephen Lee and Knott Charles Ryan
Seller's Agent
Margie Oneal
REMAX Experts
Buyer's Agent
Ward Walthal
Marx-Bensdorf, REALTORS
List Price
$179,900
Sold Price
$179,000
Premium/Discount to List
-$900
-0.5%
Views
3
Current Estimated Value
$186,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,847
Avg. Annual Appreciation
2.35%
Original Mortgage
$143,920
Outstanding Balance
$141,969
Interest Rate
7.7%
Mortgage Type
New Conventional
Estimated Equity
$44,878

Purchase Details

Closed on
Jan 17, 2008
Sold by
Johnston James K
Bought by
Ireland Julie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,944
Interest Rate
6.06%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 30, 2003
Sold by
Little William R
Bought by
Johnston James K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
4.62%
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
Knott Stephen Lee $179,900 None Listed On Document
Ireland Julie L $121,900 Realty Title & Escrow Co Inc
Johnston James K $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knott Stephen Lee $143,920
Previous Owner Ireland Julie L $120,944
Previous Owner Johnston James K $17,500
Previous Owner Johnston James K $10,000
Previous Owner Johnston James K $84,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2023 11/30/23 Sold $179,000 -0.5% $128 / Sq Ft
11/01/2023 11/01/23 Pending -- -- --
10/19/2023 10/19/23 For Sale $179,900 -- $129 / 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 $1,131 $48,550 $4,275 $44,275
2024 $1,131 $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: 10161602

Memphis Area Association of REALTORS®

APN: 06-5010-A0-0261