NOT LISTED FOR SALE

3034 Coleman Rd Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $197,000 - $220,000

3 Beds
2 Baths
1,800-1,999 Sq Ft
$103/Sq Ft Est. Value

Last Sold November 09, 2020

Last sale price $149,900 $75 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,224/month

Highlights

  • Updated Kitchen
  • 1 Fireplace
  • Living Room
  • Traditional Architecture
  • Some Wood Windows
  • Central Heating and Cooling System

About This Home

As of November 2020

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2020 standards! Target rent = $1,225 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!

Last Agent to Sell the Property

Jim Reedy

Reedy & Company, REALTORS License #15602 Listed on: 09/10/2020

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,261

Year Built

  • Built in 1963

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 90x172
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,908 Sq Ft Home
  • 1.5-Story Property
  • 1 Fireplace
  • Some Wood Windows
  • Living Room
  • Dining Room
  • Laminate Flooring
  • Iron Doors

Kitchen

  • Updated Kitchen
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Raleigh Manor 1St Add Blk A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 085022 00013

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,261

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 733A
  • MAAR Subdivision Name: RALEIGH MANOR 1ST ADD BLK A
  • List Price Per Sq Ft: 79
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 78.56
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1908
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Master Bedroom, 1 Bath
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: 1 or More BR Down
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedroom 2 Description: Level 2
  • Bedroom 3 Description: Level 2
  • Bedrooms: 3
  • Bedrooms Down: 2
  • Floors/Ceilings: Wood Laminate Floors
  • Full Bathrooms: 2
  • Equipment: Disposal, Dishwasher
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Primary Bathroom Description: Tile Floor
  • Master Bedroom: Level 1
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad, Garage Door Opener(s), Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 3
  • Acreage: 0.35
  • Lot Size: 90X172
  • Price Per Acre: 428286

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 085022 00013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 20, 2022
Sold by
Steiger Mary C
Bought by
Coleman Road Llc
Current Estimated Value
$205,684

Purchase Details

Listed on
Sep 10, 2020
Closed on
Nov 6, 2020
Sold by
Memphis Investments Properties Ii Llc
Bought by
Steiger Mary C
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$149,900
Sold Price
$149,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.11%
Original Mortgage
$119,920
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 29, 2020
Closed on
Aug 18, 2020
Sold by
U S Bank National Association
Bought by
Memphis Investment Properties Ii Llc
Seller's Agent
Tony Sansone
The Carter Group LLC, REALTORS
Buyer's Agent
Tony Sansone
The Carter Group LLC, REALTORS
List Price
$41,600
Sold Price
$90,500
Premium/Discount to List
$48,900
117.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1550.13%
Original Mortgage
$125,000
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 20, 2019
Sold by
Williams Sandra
Bought by
Howard Affordable Property Llc

Purchase Details

Closed on
Mar 23, 2005
Sold by
County Of Shelby Tn
Bought by
Us Bank National Association and Cim Trust 2016 2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
9.97%
Mortgage Type
Unknown

Purchase Details

Closed on
May 22, 2003
Sold by
Bunting Robert H and Bunting Sara Bain
Bought by
Williams Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,400
Interest Rate
8.37%
Mortgage Type
Unknown
Source: Public Records

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
Coleman Road Llc -- None Listed On Document
Steiger Mary C $149,900 Delta Title Services Llc
Memphis Investment Properties Ii Llc $90,500 Servicelink Llc
Howard Affordable Property Llc -- None Available
Us Bank National Association $99,900 None Available
Williams Sandra $106,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Steiger Mary C $119,920
Previous Owner Memphis Investment Properties Ii Llc $125,000
Previous Owner Williams James $115,000
Previous Owner Williams Sandra $95,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2020 11/09/20 Sold $149,900 0.0% $83 / Sq Ft
09/10/2020 09/10/20 Pending -- -- --
09/10/2020 09/10/20 For Sale $149,900 +65.6% $83 / Sq Ft
09/03/2020 09/03/20 Sold $90,500 +117.5% $47 / Sq Ft
08/14/2020 08/14/20 Pending -- -- --
07/29/2020 07/29/20 For Sale $41,600 -- $22 / 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
2025 $1,261 $51,100 $5,250 $45,850
2024 $1,261 $37,200 $4,250 $32,950
2023 $2,266 $37,200 $4,250 $32,950
2022 $2,266 $37,200 $4,250 $32,950
2021 $1,283 $37,200 $4,250 $32,950
2020 $588 $18,400 $4,250 $14,150
2019 $588 $18,400 $4,250 $14,150
2018 $588 $18,400 $4,250 $14,150
2017 $602 $18,400 $4,250 $14,150
2016 $835 $19,100 $0 $0
2014 $835 $19,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Reedy

    Seller's Agent in 2020

    Jim Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    29 in this area

    424 Total Sales

    Jim Reedy
    Section Image

  • T

    Seller's Agent in 2020

    Tony Sansone

    The Carter Group LLC, REALTORS

    Section Image

  • B

    Buyer's Agent in 2020

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    29 in this area

    441 Total Sales

    Bradley Reedy
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10084703

Memphis Area Association of REALTORS®

APN: 08-5022-0-0013

Tennessee Shelby County Memphis 38128 Raleigh

3034 Coleman Rd, Memphis, TN

This home is located at 3034 Coleman Rd, Memphis, TN 38128 since 10 September 2020 and is currently estimated at $205,684, approximately $102 per square foot. This property was built in 1963. 3034 Coleman Rd is a home located in Shelby County with nearby schools including Craigmont Middle School, Craigmont High School, and Coleman School.

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