Sold for $50,000

$50,000

3578 Terrace Dr, Memphis, TN 38127

2beds

1,015sqft

Single Family Residence

Built in 1945

0.52 Acres Lot

$74,000 Zestimate^®

$49/sqft

$987 Estimated rent

Home value

$74,000

$61,000 - $88,000

$987/mo

Zestimate^® history

Owner options

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$987/mo

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$987/mo

Rent Zestimate^®

Refinance and save

$251/mo

Est. payment

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$251/mo

Est. payment

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What's special

Original hardwood floorsHalf acre lotWonderful frayser homeOlder homeEat kitchenSmall den

Wonderful Frayser home on half acre lot. / This older home offers original hardwood floors, two good sized bedrooms and eat kitchen. Home also offers a small den on rear of home in addition to separate living room. This home will be great for first time buyer or investment property.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Primary bedroom

Features: Hardwood Floor
Level: First
Area: 180
Dimensions: 12 x 15

Bedroom 2

Features: Hardwood Floor
Level: First
Area: 132
Dimensions: 11 x 12

Dining room

Dimensions: 0 x 0

Kitchen

Features: Eat-in Kitchen
Area: 144
Dimensions: 12 x 12

Living room

Features: Separate Living Room, Separate Den
Area: 192
Dimensions: 12 x 16

Den

Area: 140
Dimensions: 10 x 14

Heating

Natural Gas

Cooling

Window Unit(s)

Appliances

Included: Electric Water Heater

Features

All Bedrooms Down
Flooring: Part Hardwood, Tile
Windows: Window Treatments
Basement: Crawl Space
Attic: Attic Access
Has fireplace: No

Interior area

Total interior livable area: 1,015 sqft

Property

Parking

Parking features: Driveway/Pad
Has uncovered spaces: Yes

Features

Stories: 1
Patio & porch: Porch
Pool features: None

Lot

Size: 0.52 Acres
Dimensions: 65 x 254
Features: Some Trees

Details

Parcel number: 069065 00036

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Vinyl Siding
Roof: Composition Shingles

Condition

New construction: No
Year built: 1945

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Security: Smoke Detector(s), Iron Door(s)
Subdivision: Terrace Park

Location

Region: Memphis

Financial & listing details

Price per square foot: $49/sqft
Tax assessed value: $53,500
Annual tax amount: $618
Price range: $50K - $50K
Date on market: 7/15/2023
Cumulative days on market: 79 days
Listing terms: Conventional

Price history

Date	Event	Price
10/10/2023	Sold	$50,000-8.9%$49/sqft
Source: MAAR #10152322 Report a problem
10/3/2023	Pending sale	$54,900$54/sqft
Source: MAAR #10152322 Report a problem
9/20/2023	Price change	$54,900-8.3%$54/sqft
Source: MAAR #10152322 Report a problem
8/18/2023	Price change	$59,900-14.3%$59/sqft
Source: MAAR #10152322 Report a problem
8/13/2023	Price change	$69,900-6.7%$69/sqft
Source: MAAR #10152322 Report a problem
7/27/2023	Price change	$74,900-6.3%$74/sqft
Source: MAAR #10152322 Report a problem
7/15/2023	Listed for sale	$79,900+68.3%$79/sqft
Source: MAAR #10152322 Report a problem
9/13/2022	Sold	$47,481+265.2%$47/sqft
Source: Public Record Report a problem
7/11/2022	Listed for rent	$800+39.1%$1/sqft
Source: Zillow Rental Network Premium Report a problem
12/13/2019	Listing removed	$575$1/sqft
Source: Zillow Rental Network Premium Report a problem
10/24/2019	Listed for rent	$575+4.5%$1/sqft
Source: HomeRiver Group - Memphis Report a problem
3/11/2019	Listing removed	$550$1/sqft
Source: Home River Group Report a problem
12/11/2018	Price change	$550-4.3%$1/sqft
Source: Zillow Rental Network Premium Report a problem
10/11/2018	Listed for rent	$575$1/sqft
Source: Home River Group Report a problem
11/23/2011	Sold	$13,000$13/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$705 +5.5%	$13,375 +31.8%
2024	$668 +8.1%	$10,150
2023	$618	$10,150
2022	--	$10,150
2021	--	$10,150 +82.9%
2020	$177	$5,550
2019	$177 -21.1%	$5,550
2018	$225 -45.1%	$5,550
2017	$410 +98.3%	$5,550 -8.6%
2016	$207 -14.8%	$6,075
2014	$242	$6,075
2013	--	$6,075 -20.1%
2012	--	$7,600
2011	--	$7,600
2010	--	$7,600
2009	--	$7,600 -23.4%
2008	--	$9,925
2007	--	$9,925
2006	--	$9,925
2005	--	$9,925 +8.5%
2004	--	$9,150
2003	--	$9,150
2002	--	$9,150
2001	--	$9,150 -1.1%
2000	--	$9,250