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3044 Mountain Terrace Street

3044 Mountain Terrace Street, Memphis, TN 38127
Property in Alta Vista
Sold Aug 13, 1996
$28,000
$29,283 by First Tennessee Mtg Company In
Mortgage Due Sep 01, 2026
Local assessors in Memphis, TN have categorized 3044 Mountain Terrace Street as a residential type of property. The home was built in 1948 and is 76 years old. The property's lot size has been calculated to be 9,486 square feet. The linear feet between the front and back of the lot was measured at 980 ft and the front of the lot was measured at 960 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a cottage style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3044 Mountain Terrace Street has a total of 967 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a gable style roof that was made of composition shingle. Lots of brick veneer were used in the construction of the exterior walls of the home. The home's a forced air unit is the primary heating source and it is being fueled with gas. The property was last sold in Aug 8, 1996 for $28,000. That's $28.96 per sqft. 3044 Mountain Terrace Street was last assessed in 2022. The total value of the property was assessed at $9,975. Specifically, the land the property is located on was valued at $1,775. While improvements on the property were assessed at a total of $8,200. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $595. The initial tax year of delinquency was in 2022. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Cottage
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,486
  • Lot Size Depth Feet: 980
  • Lot Size Frontage Feet: 960
  • Total Building Area: 967
  • Gross Building Area: 967
  • Building Area: 967
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 967
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RASCH
  • Land Acres: 0.218
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : WILLIAMS CLARENCE
  • Current Owner 2: WILLIAMS BEATRICE
  • Previous Owner : FARRAR JEAN H
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 010220

Zoning

  • Zoning: R-10

Geography

  • District: O
  • Parcel: 07-2062-0-0121
  • Lot: 2
  • Municipality: MEMPHIS
  • Latitude: 35.2087
  • Longitude: -89.9847

    Address

  • Full Address: 3044 Mountain Terrace St
  • Address - House Number: 3044
  • Address - Street Name: Mountain Terrace
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C028
  • 4-Digit Zip Code: 6708
  • Zip Code: 38127

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $595
  • Intital Tax Deliquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2487
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 78,825
  • High Value: 98,432
  • Low Value: 59,218

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $30,549
  • First Open Lien Mortgage Lender: FIRST TENNESSEE MTG COMPANY IN
  • First Open Lien Mortgage Recording Date: Aug 13, 1996
  • First Open Lien Mortgage Loan Amount: $29,283
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2026
  • Second Open Lien Mortgage Recording Date: Aug 13, 1996
  • Second Open Lien Mortgage Loan Amount: $1,266
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Sep 01, 2026

    Market Valuation

  • Market Total Value: $39,900
  • Market Land Value: $7,100
  • Market Improvement Value: $32,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $9,975
  • Assessed Land Value: $1,775
  • Assessed Improvements Value: $8,200

    Sales

  • Current Sale Contract Date: Aug 08, 1996
  • Current Sale Recording Date: Aug 13, 1996
  • Current Sale Transaction ID: 1176472729
  • Current Sale Price: $28,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: GA-5601

    Last Sale Mortgage

  • First Mortgage Lender: FIRST TENNESSEE MTG COMPANY IN
  • First Mortgage Transaction Date: Aug 13, 1996
  • First Mortgage Loan Amount: $29,283
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2026
  • Second Mortgage Loan Amount: $1,266

About Frayser - Raleigh PD



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Frequently Asked Questions

What neighborhood is 3044 Mountain Terrace Street located in?
The 3044 Mountain Terrace Street is a located in the neighborhood of Alta Vista in Frayser - Raleigh PD, Memphis.
What is the average sales price for listings in 3044 Mountain Terrace Street?
The average sales price for units in 3044 Mountain Terrace Street is $0 currently.

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