NOT LISTED FOR SALE

424 Fountain Lake Dr Memphis, TN 38120

Audubon Park Neighborhood

Estimated Value: $328,729 - $377,000

3 Beds
2 Baths
1,600-1,799 Sq Ft
$194/Sq Ft Est. Value

Last Sold October 02, 2024

Last sale price $345,000 $192 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,233/month

16 Days on Market

Highlights

  • Lake On Lot
  • Traditional Architecture
  • Eat-In Kitchen
  • Richland Elementary School Rated A-
  • Covered patio or porch
  • Ceiling height of 9 feet or more

About This Home

As of October 2024

Lovely gated community close to amenities. Single story home with beautiful view of water that you can enjoy year round on the covered patio. HOA includes yard mowing! 3/2 with low maintenance landscaped yard, 2 car garage, vaulted smooth ceilings and plenty of storage. Extra parking for guests nearby. HOA is 1250/yearly.

Last Listed By

Brenda Cartwright

JASCO Realty License #340543 Listed on: 08/21/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,265

Year Built

  • Built in 1999

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50 x 128

HOA Fees

  • $104 Monthly HOA Fees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,677 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Eat-In Kitchen

Flooring

  • Partially Carpeted
  • Laminate

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Side Facing Garage
  • Garage Door Opener

Outdoor Features

  • Lake On Lot
  • Covered patio or porch

Utilities

  • Central Heating and Cooling System

Community Details

  • Fountain Pointe Pd Phase A 1 Subdivision
  • Property managed by WPM
  • Mandatory home owners association
  • Planned Unit Development

Listing and Financial Details

  • Assessor Parcel Number 068071 B00066

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,265

Year Built

Built in 1999

Lot Details

0

HOA Fees

$104 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 756B
  • MAAR Subdivision Name: FOUNTAIN POINTE PH A-1
  • Number Of Stories: 1
  • Price Per Sq Ft: 205.72
  • Prop Construction Status: Existing Property
  • Planned Unit Development: Yes
  • Estimated Sq Ft: 1677
  • Year Built: 1999
  • List Price/ Sq Ft: 209
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Living Dining Kitchen: Eat-In Kitchen
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Covered Patio
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Annual Association Fee: 1250
  • Management Company: WPM
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Lake/Pond on Property
  • Lot Number: 66
  • Acreage: 0.15
  • Lot Size: 50 X 128
  • Price Per Acre: 2333333
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 068071 B00066

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2024
Closed on
Oct 2, 2024
Sold by
Uhlhorn Walker
Bought by
Donald D Gilbert Revocable Living Trust and Gilbert
Seller's Agent
Brenda Cartwright
JASCO Realty
Buyer's Agent
Anthony Elliott
John Green & Co., REALTORS
List Price
$350,000
Sold Price
$345,000
Premium/Discount to List
-$5,000
-1.43%
Total Days on Market
16
Views
67
Current Estimated Value
$348,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,182
Avg. Annual Appreciation
-1.15%
Original Mortgage
$254,000
Outstanding Balance
$253,302
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$89,479

Purchase Details

Closed on
Jun 4, 2015
Sold by
Childers Ron W and Arnold Kathy C
Bought by
Vanzant Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,558
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 21, 2002
Sold by
Childers Frances L
Bought by
Childers Frances L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.3%

Purchase Details

Closed on
Nov 20, 2000
Sold by
Childers Frances L
Bought by
The Frances L Childers Revocable Trust

Purchase Details

Closed on
Jul 9, 1999
Sold by
Lenox Homes Llc
Bought by
Childers Frances L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.51%

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
Donald D Gilbert Revocable Living Trust $345,000 Local Title
Vanzant Martha $190,000 Riverbluff Title Llc
Childers Frances L -- --
The Frances L Childers Revocable Trust -- --
Childers Frances L $169,910 Southern Escrow Title Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donald D Gilbert Revocable Living Trust $254,000
Previous Owner Vanzant Martha $186,558
Previous Owner Childers Frances L $65,000
Previous Owner Childers Frances L $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2024 10/02/24 Sold $345,000 -1.4% $216 / Sq Ft
09/07/2024 09/07/24 For Sale $350,000 0.0% $219 / Sq Ft
09/06/2024 09/06/24 Pending -- -- --
09/05/2024 09/05/24 Pending -- -- --
08/21/2024 08/21/24 For Sale $350,000 -- $219 / 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
2024 $2,265 $66,825 $19,450 $47,375
2023 $4,071 $66,825 $19,450 $47,375
2022 $4,071 $66,825 $19,450 $47,375
2021 $4,118 $66,825 $19,450 $47,375
2020 $4,072 $56,200 $19,450 $36,750
2019 $4,072 $56,200 $19,450 $36,750
2018 $4,072 $56,200 $19,450 $36,750
2017 $2,310 $56,200 $19,450 $36,750
2016 $2,469 $56,500 $0 $0
2014 $2,469 $56,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brenda Cartwright

    Seller's Agent in 2024

    Brenda Cartwright

    JASCO Realty

    (901) 494-7423

    3 in this area

    64 Total Sales

    Brenda Cartwright
    Section Image

  • A

    Buyer's Agent in 2024

    Anthony Elliott

    John Green & Co., REALTORS

    (901) 359-7492

    7 in this area

    90 Total Sales

    Anthony Elliott
    Section Image
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Map

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Source: Memphis Area Association of REALTORS®

MLS Number: 10179650

Memphis Area Association of REALTORS®

APN: 06-8071-B0-0066

Tennessee Shelby County Memphis 38120 Audubon Park

424 Fountain Lake Dr, Memphis, TN

Homes for Sale in Memphis, TN

This home is located at 424 Fountain Lake Dr, Memphis, TN 38120 since 21 August 2024 and is currently estimated at $348,182, approximately $193 per square foot. This property was built in 1999. 424 Fountain Lake 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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