NOT LISTED FOR SALE

3277 Powers Rd Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $147,000 - $179,000

4 Beds
2 Baths
1,400-1,599 Sq Ft
$98/Sq Ft Est. Value

Last Sold November 21, 2019

Last sale price $62,000 $39 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $886/month

Highlights

  • Traditional Architecture
  • 1 Car Attached Garage
  • Partially Carpeted
  • Porch
  • Central Heating and Cooling System
  • Wood Fence

About This Home

As of November 2019

Good investment property, current tenant pays 850.00. Inspection after accepted contract. Thanks for your time.

Last Agent to Sell the Property

Erica Reed

Crye-Leike, Inc., REALTORS License #302521 Listed on: 10/06/2019

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Angelo Anderson

Jennings Realty License #348771

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $788

Year Built

  • Built in 1957

Lot Details

  • 0.4 Acre Lot
  • Wood Fence
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,411 Sq Ft Home
  • 1-Story Property
  • Partially Carpeted
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Carport
  • Driveway

Additional Features

  • Porch
  • Ground Level
  • Central Heating and Cooling System

Community Details

  • Broadmoor Park Blk A 3 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 085007 00023

Home Details

Home Type

Single Family

Est. Annual Taxes

$788

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Attached Unit Type: Ground Level-Single Story
  • Detached Unit Type: General Residential
  • Cross Street: Coleman
  • MLS Map #: 734D
  • MAAR Subdivision Name: BROADMOOR PARK BLK A-3
  • List Price Per Sq Ft: 50
  • Number Of Stories: 1
  • Price Per Sq Ft: 43.94
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1411
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 2
  • Bedroom 3 Description: Level 1
  • Bedroom 4 Description: Level 1
  • Bedrooms: 4
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 2
  • Living Dining Kitchen: Washer/Dryer Connections
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1A
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level, Wood Fenced
  • Lot Number: 161
  • Acreage: 0.4
  • Lot Size: 118.98/114.39 X 148.82/130.01
  • Price Per Acre: 175000

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 085007 00023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2019
Closed on
Nov 21, 2019
Sold by
Tyler Dana N and Hardaway Dana Tyler
Bought by
Gp Buy Memphis Now
Seller's Agent
Erica Reed
Crye-Leike, Inc., REALTORS
Buyer's Agent
Angelo Anderson
Jennings Realty
List Price
$88,000
Sold Price
$62,000
Premium/Discount to List
-$26,000
-29.55%
Current Estimated Value
$156,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,271
Avg. Annual Appreciation
16.84%
Original Mortgage
$80,000
Outstanding Balance
$70,238
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$86,033

Purchase Details

Closed on
Feb 20, 2007
Sold by
First Tennessee Bank
Bought by
Tyler Dana N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,403
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 7, 2006
Sold by
King Bobby J and King Brenda J
Bought by
First Tennessee Bank

Purchase Details

Closed on
Dec 19, 2003
Sold by
Smith Michael A
Bought by
Hud

Purchase Details

Closed on
Jun 3, 1998
Sold by
Smith Michael A
Bought by
Smith Michael A and Smith Avis

Purchase Details

Closed on
Feb 27, 1998
Sold by
Gordon Steven M and Gordon M
Bought by
Smith Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,465
Interest Rate
6.95%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 15, 1994
Bought by
Gordon Steven M and Gordon G
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
Gp Buy Memphis Now $62,000 Close Trak Closing & Ttl Svc
Tyler Dana N $50,000 Usa Title & Escrow Inc
First Tennessee Bank $57,000 None Available
Hud $71,096 --
Smith Michael A -- --
Smith Michael A $67,500 --
Gordon Steven M $58,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gp Buy Memphis Now $80,000
Previous Owner Tyler Dana N $63,403
Previous Owner Smith Michael A $67,465
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2019 11/21/19 Sold $62,000 -11.4% $44 / Sq Ft
11/15/2019 11/15/19 Pending -- -- --
10/27/2019 10/27/19 Price Changed $70,000 -12.5% $50 / Sq Ft
10/17/2019 10/17/19 Price Changed $80,000 -9.1% $57 / Sq Ft
10/06/2019 10/06/19 For Sale $88,000 -- $63 / 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 $788 $33,275 $4,675 $28,600
2024 $788 $23,250 $3,400 $19,850
2023 $1,416 $23,250 $3,400 $19,850
2022 $1,416 $23,250 $3,400 $19,850
2021 $1,433 $23,250 $3,400 $19,850
2020 $1,069 $14,750 $3,400 $11,350
2019 $471 $14,750 $3,400 $11,350
2018 $471 $14,750 $3,400 $11,350
2017 $483 $14,750 $3,400 $11,350
2016 $591 $13,525 $0 $0
2014 $591 $13,525 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2019

    Erica Reed

    Crye-Leike

    17 Total Sales

    Erica Reed
    Section Image

  • A

    Buyer's Agent in 2019

    Angelo Anderson

    Jennings Realty

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10063521

Memphis Area Association of REALTORS®

APN: 08-5007-0-0023

Tennessee Shelby County Memphis 38128 Raleigh

3277 Powers Rd, Memphis, TN

This home is located at 3277 Powers Rd, Memphis, TN 38128 since 06 October 2019 and is currently estimated at $156,271, approximately $97 per square foot. This property was built in 1957. 3277 Powers Rd is a home located in Shelby County with nearby schools including Scenic Hills Elementary School, Raleigh Egypt High School, and Coleman School.

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