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374 Fountain Crest Dr
Score
0
Memphis, TN

374 Fountain Crest Dr

265K
2 bd • 2 ba • 1,274 sf

This analysis was generated on 3/5/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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List Price

$264,700

Price/Sq.Ft

$208

Year Built

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

• Hardwood Flooring: Adds warmth and character to the living spaces; increases perceived value by approximately $3,000. • Fireplace: Aesthetically pleasing focal point; adds approximately $2,000 in value. • Brick Exterior • Fireplace • Hardwood Floors • Price Position: Unable to compare price per square foot to comparable properties due to lack of market data. • Appreciation Trend: Insufficient data to determine historical appreciation rates in this specific area. • Rental Income: $1,250/month with 90% occupancy (0.1% cap rate) • Schools: Unable to determine the impact of school quality on property value due to data limitations. • Future Development: No information on planned development changes is currently available. • The living room appears to have good natural light, while the kitchen may be somewhat darker. • The layout appears functional, with an open flow between the living room and kitchen. The dining area is conveniently located near the kitchen.
Hardwood Flooring

Hardwood Flooring

Adds warmth and character to the living spaces; increases perceived value by approximately $3,000.

Fireplace

Fireplace

Aesthetically pleasing focal point; adds approximately $2,000 in value.

The Bad

• Kitchen Update (MEDIUM priority): $10,000 • Lack of crime statistics makes it impossible to assess neighborhood safety risks. • Limited market data hinders a comprehensive risk assessment; further research is needed to understand local market dynamics. • Climate Risk: Unable to assess insurance implications due to lack of climate risk data.

The Ugly

No critical issues identified

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

Rental Property Investors: Potential annual revenue of $15,000 with 90% occupancy rate Value Investors: Projected 7.7% appreciation potential in moderate scenario Renovation-Minded Buyers: Estimated $15,000 in strategic upgrades could significantly increase property value

Not For

No specific buyer categories to avoid identified
Demographics
Area Median Income

$111,220

Property History

Price History
Ownership Timeline
$162,000Cash Purchase
Sep 10, 2015
Terri Phillipy Hale, Lou Ann PhillipyLouisa Ellen Perlberg, Barbara F Perlberg
Warranty Deed
Standard Sale (Purchase/Resales)
$131,191Financed
Nov 30, 1999
Lenox Homes LlcRalph Phillipy, Carmen T Phillipy
Warranty Deed
New Construction Residential Transactions

Sunlight Analysis

Visualize how sunlight affects this property throughout the day and year.

Sunlight Analysis

Data provided by Shadowmap

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Schools

Nearby school quality by education level

Elementary

9.0/10
Excellent

Middle

7.0/10
Good

High

7.0/10
Good

Financials

Monthly Costs
Market Rent (2 bed)

$1,250

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Location & Comparables

Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$264,700
Price/sqft
$208
Layout
2 bd2 ba
0

Stats in the Area

Based on 6 comparable properties nearby

Average Price

$266,000

0.5%

Your price is 0.5% below average

Median Price

$315,000

16.0%

Based on 6 recent sales

Price per Sq.Ft

N/A

No price per sq.ft data available

Comparable Properties

270 FOUNTAIN RIVER DR, Memphis, TN 38120
Price: $315,000
Sq.Ft: N/A
Beds/Baths: 3/2
$/Sq.Ft: N/A
Sale Date: 2/6/2025
268 MARY ANN DR, Memphis, TN 38117
Price: $349,000
Sq.Ft: N/A
Beds/Baths: 3/2
$/Sq.Ft: N/A
Sale Date: 1/29/2025
5555 BARFIELD RD, Memphis, TN 38120
Price: $350,000
Sq.Ft: N/A
Beds/Baths: 3/2
$/Sq.Ft: N/A
Sale Date: 1/2/2025
385 SHADY PINES ST, Memphis, TN 38120
Price: $315,000
Sq.Ft: N/A
Beds/Baths: 3/2
$/Sq.Ft: N/A
Sale Date: 12/13/2024
44 W BENDEL CIR, Memphis, TN 38117
Price: $2,000
Sq.Ft: N/A
Beds/Baths: 2/2
$/Sq.Ft: N/A
Sale Date: 12/12/2024
5176 VEROSA AVE, Memphis, TN 38117
Price: $265,000
Sq.Ft: N/A
Beds/Baths: 3/2
$/Sq.Ft: N/A
Sale Date: 12/3/2024

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