NOT LISTED FOR SALE

3035 Scheibler Rd Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $212,000 - $264,000

4 Beds
4 Baths
3,000-3,199 Sq Ft
$73/Sq Ft Est. Value

Last Sold August 31, 2018

Last sale price $92,000 $29 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $1,337/month

Highlights

  • 0.85 Acre Lot
  • Main Floor Primary Bedroom
  • Separate Formal Living Room
  • Traditional Architecture
  • Attic
  • Den with Fireplace

About This Home

As of August 2018

Corporate owned home selling "as-is". Can be a super family home or income property. Needs work but can be a real money maker! All offers must be submitted by the buyer’s agent using the online offer management system Home must be on the market 10 days prior to negotiations. 2 bedrooms down and 2 up plus 4 baths. Excellent opportunity.

Last Agent to Sell the Property

Jimmie Tapley

Crye-Leike, Inc., REALTORS License #209672 Listed on: 06/13/2018

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Jessie Lucas

Niter & Associates License #270980

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,397

Year Built

  • Built in 1970

Lot Details

  • 0.85 Acre Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 3,000-3,199 Sq Ft Home
  • 2,768 Sq Ft Home
  • 1.5-Story Property
  • Window Treatments
  • Entrance Foyer
  • Separate Formal Living Room
  • Dining Room
  • Den with Fireplace
  • Partially Carpeted
  • Attic Access Panel
  • Eat-In Kitchen
  • Laundry closet

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 4 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Carport
  • Side Facing Garage

Additional Features

  • Porch
  • Central Heating and Cooling System

Community Details

  • Mazie Caldwell Subdivision

Listing and Financial Details

  • Assessor Parcel Number 085021 00004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,397

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: MAZIE CALDWELL
  • List Price Per Sq Ft: 36
  • Number Of Stories: 1.5
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2768
  • Year Built: 1970
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Second Story Floor Plan: 4th or More Bedrooms, 1 Bath
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 3000-3199
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1, Carpet
  • Bedroom 4 Description: Level 2, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 2
  • Fireplace: In Den/Great Room
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 4
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Eat-In Kitchen
  • Misc Interior: Excl Some Window Treatmnt, Attic Access, Walk-In Attic
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet, Entry Hall
  • P R I M A R Y B E D R O O M: Level 1, Full Bath, Carpet

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking Display: C2A
  • Parking Storage: Side-Load Garage

Utilities

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

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 4
  • Acreage: 0.85
  • Lot Size: 94X394.2/394.40

Tax Info

  • Assessor Parcel Number: 085021 00004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2025
Sold by
Banks Spencer and Banks Devonia
Bought by
Banks Spencer and Banks Devonia
Current Estimated Value
$233,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,780
Outstanding Balance
$219,590
Interest Rate
6.72%
Mortgage Type
Credit Line Revolving
Estimated Equity
$13,646

Purchase Details

Listed on
Jun 13, 2018
Closed on
Aug 31, 2018
Sold by
U S Bank N A
Bought by
Banks Spencer
Seller's Agent
Jimmie Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Jessie Lucas
Niter & Associates
List Price
$98,800
Sold Price
$92,000
Premium/Discount to List
-$6,800
-6.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.87%
Original Mortgage
$116,222
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 16, 2018
Sold by
Muhammad Kondwani and Muhammad Valerie
Bought by
U S Bank N A and Cim Trust

Purchase Details

Closed on
Jun 23, 2006
Sold by
Pope Terry L
Bought by
Muhammad Kondwani

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage
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
Banks Spencer -- None Listed On Document
Banks Spencer $92,000 Multiple
U S Bank N A $131,310 None Available
Muhammad Kondwani $165,000 Assured Escrow & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Banks Spencer $219,780
Previous Owner Banks Spencer $116,222
Previous Owner Muhammad Kondwani $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2018 08/31/18 Sold $92,000 -6.9% $31 / Sq Ft
08/10/2018 08/10/18 Pending -- -- --
06/13/2018 06/13/18 For Sale $98,800 -- $33 / 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 $1,397 $58,775 $6,025 $52,750
2024 $1,397 $41,200 $5,550 $35,650
2023 $2,510 $41,200 $5,550 $35,650
2022 $2,510 $41,200 $5,550 $35,650
2021 $1,421 $41,200 $5,550 $35,650
2020 $2,657 $36,675 $5,550 $31,125
2019 $1,172 $36,675 $5,550 $31,125
2018 $1,172 $36,675 $5,550 $31,125
2017 $1,200 $36,675 $5,550 $31,125
2016 $1,512 $34,600 $0 $0
2014 $1,512 $34,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jimmie Tapley

    Seller's Agent in 2018

    Jimmie Tapley

    Crye-Leike, Inc., REALTORS

    (901) 336-7898

    7 in this area

    255 Total Sales

    Jimmie Tapley
    Section Image

  • J

    Buyer's Agent in 2018

    Jessie Lucas

    Niter & Associates

    (901) 289-2558

    3 Total Sales

    Jessie Lucas
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10029386

Memphis Area Association of REALTORS®

APN: 08-5021-0-0004

Tennessee Shelby County Memphis 38128 Raleigh

3035 Scheibler Rd, Memphis, TN

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