16 days on rocket

331 Fountain Lake Dr, Memphis, TN, 38120

$279,000

Home List Price

$3,313*

Closing Credit

2 Bedrooms
2 Full Baths
House

Location

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331 Fountain Lake Dr, Memphis$279,000

Buyer Closing Credits

$3,313*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage Door Opener(s), Back-Load Garage, Designated Guest Parking, Garage
Year Built1999
HeatingCentral, Natural Gas
CoolingCentral Air, Ceiling Fan(s), Other
BasementYes
FireplaceVentless Gas Fireplace, In Den/Great Room, Gas Starter, Gas Logs
MLS #10184842
Lot Size0.08 Acres
StatusActive

About 331 Fountain Lake Dr

Estate Sale "AS IS". Very nice, clean and well maintained, 2 bedrooms, 2 baths split bedroom in Fountain Pointe gated community. Washer, dryer and refrigerator remains, updated walk-in shower in primary bath, wonderful closet space, gas fireplace, gleaming floors. Fantastic location, convenient to schools and shopping. No rentals, 2 car garage.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1999
  • Stories: 1

Listing Office:

  • Office Name: Crye-Leike, Inc., REALTORS

Interior Features

Interior Information:

  • Appliances: Range, Oven, Self Cleaning Oven, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Basement: Yes
  • Flooring Type: Wood Laminate Floors, Tile, Smooth Ceiling, Vaulted/Coff/Tray Ceiling
  • Interior: All Window Treatments, Walk-In Closet(s), Smoke Detector(s)
  • Fireplace: Ventless Gas Fireplace, In Den/Great Room, Gas Starter, Gas Logs

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Porch, Well Landscaped Grounds

Parking Information:

  • Parking: Garage Door Opener(s), Back-Load Garage, Designated Guest Parking, Garage

Lot Features

Lot Information:

  • Lot: Level, Landscaped, Fencing
  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas
  • Cooling: Central Air, Ceiling Fan(s), Other

Other

Directions Information:

  • Directions: Go north on Yates from Walnut Grove, It will dead end into Fountain Point subdivision. Go through entrance turn at first right Fountain Crest, then left on Fountain Lake.

Price Information

Listing Price Info

Price Summary:

  • List Price: $279,000

Tax Information:

  • Annual Amount: $4,116
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Memphis, TN.

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Memphis, TN

City

Med. Sold Price

$190.4K

# of Sold Homes

409

331 Fountain Lake Dr vs Memphis

16 DAYS ON ROCKET

$279,000

+$88.5K More

KEY TAKEAWAY

This property is $88.5K more than the Median Sold Price in Memphis, TN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #10184842

Listing Office:

  • Office Name: Crye-Leike, Inc., REALTORS

Copyright© 2024 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/24/2024, 11:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 08, 1999Home Sold
$124,651

Tax History

YEARPROP. TAXASSESSMENT
2021$4,116$56,850
2020$2,831$39,075
2019$2,831$39,075
2018$1,606$39,075
2017$1,625$39,075

History based on county public records data.

Payment Calculator

$1,460

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$903

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1246188
8
/10

  • Richland Elementary School

  • 5440 Rich Rd

  • 0.52 miles

  • Public District Grades PK-5

school-card-donut-1246189
8
/10

  • White Station Elementary School

  • 4840 Chickasaw Rd

  • 1.46 miles

  • Public District Grades PK-5

school-card-donut-1246190
4
/10

  • Berclair Elementary School

  • 810 N Perkins Rd

  • 1.97 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $68,782. Typical income of Memphis, TN residents is between $35k-100k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Memphis, TN

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Memphis, TN?

Memphis offers a diverse array of housing options, with single-family homes being a significant part of the market. Architectural styles range from charming historic bungalows to sleek contemporary new builds. The housing landscape is varied, with a mix of older homes that reflect the city's rich history and newer developments that cater to modern living preferences. While the homeownership rate is robust, there is also a healthy rental market that provides options for those not looking to buy.

Is Memphis, TN a good place to live?

Memphis is celebrated for its vibrant music scene and rich cultural heritage, which are integral to the city's character. The community prides itself on being the home of blues, soul, and rock 'n' roll, with landmarks such as Beale Street and the annual Memphis in May festival highlighting its musical legacy. The city's character is further defined by its friendly residents and a sense of small-town camaraderie amidst its urban setting.

Are things conveniently located in Memphis, TN?

The community benefits from a well-rounded selection of services, including a network of public and private schools that cater to educational needs at all levels. Healthcare facilities are distributed throughout the city, offering a range of services from routine care to specialized treatments. Public libraries serve as valuable resources for residents, and the city's retail and dining establishments reflect the local culture, with an emphasis on Southern cuisine and unique boutiques.

What does the transportation in Memphis, TN look like?

Memphis features a comprehensive transport infrastructure that includes a public transit system serving residents and visitors alike. The city's layout and road network facilitate easy commuting by car, with major highways connecting Memphis to surrounding areas. While certain neighborhoods are known for their walkability, the city as a whole is continuously working to improve pedestrian and bike paths to enhance accessibility and encourage eco-friendly modes of transport.

Frequently Asked Questions About 331 Fountain Lake Dr

What is the listing price of this property?

The listing price of 331 Fountain Lake Dr property is $279,000.

What type of property is this?

The property 331 Fountain Lake Dr is a house located in Memphis, Tennessee, 38120.

Is this property for sale now?

Active Listing: 331 Fountain Lake Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,116 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 8, 1999 for $124,651. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 331 Fountain Lake Dr has 2 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 331 Fountain Lake Dr is 1999.

Rocket Homes›Tennessee›Shelby County›Memphis›38120›331 Fountain Lake Dr

This home is located at 331 Fountain Lake Dr in Memphis, TN and zip code 38120. This home, which was built in 1999, sits on a 0.08 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 08, 2024 and is currently priced at $279,000.

Memphis, TN housing market in October 2024 saw over 53 listings sold above listed price, more than 103 sold at listed price and over 252 sold below. In October 2024 in Memphis, TN there were 22.4% more homes for sale than in September 2024.

From Rocket Homes Real Estate and based on county public records data.

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