NOT LISTED FOR SALE

3403 Scenic Hwy Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $136,000 - $151,556

4 Beds
1 Bath
1,600-1,799 Sq Ft
$79/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $115,000 $64 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $844/month

77 Days on Market

Highlights

  • 0.88 Acre Lot
  • Eat-In Kitchen
  • Central Heating and Cooling System
  • Traditional Architecture
  • Patio
  • Partially Carpeted

About This Home

As of June 2023

INVESTORS ONLY!! DO NOT DISTURB TENANT. SFH Rented for $1,050/month, professionally managed. Lease expires 9/30/2023. Tenant moved in 9/24/2021. Renovated in November 2017 including brand new roof, AC condenser, furnace & A-coil, and water heater. Maintenance records and tenant payment ledger available upon request. Showings only with accepted offer.

Last Agent to Sell the Property

Jeremy Veldman

KAIZEN Realty, LLC License #327507 Listed on: 03/16/2023

KAIZEN Realty, LLC

Last Buyer's Agent

Jeremy Veldman

KAIZEN Realty, LLC License #327507 Listed on: 03/16/2023

KAIZEN Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $880

Year Built

  • Built in 1953

Lot Details

  • 0.88 Acre Lot
  • Lot Dimensions are 100x384
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,724 Sq Ft Home
  • 1-Story Property
  • Partially Carpeted
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • 1 Full Bathroom

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • James Rd Scenic Highway Subdivision

Listing and Financial Details

  • Assessor Parcel Number 083018 00015

Home Details

Home Type

Single Family

Est. Annual Taxes

$880

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 734B
  • MAAR Subdivision Name: JAMES RD SCENIC HWY
  • List Price Per Sq Ft: 72
  • Number Of Stories: 1
  • Price Per Sq Ft: 66.71
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1724
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedrooms: 4
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 1
  • Living Dining Kitchen: Eat-In Kitchen
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Patio

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 9
  • Acreage: 0.88
  • Lot Size: 100X384
  • Price Per Acre: 140795

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 083018 00015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2023
Closed on
Jun 30, 2023
Sold by
James A Bisordi A and James Carol M
Bought by
Sharma Anand and Sharma Payal
Seller's Agent
Jeremy Veldman
KAIZEN Realty, LLC
Buyer's Agent
Jeremy Veldman
KAIZEN Realty, LLC
List Price
$129,500
Sold Price
$115,000
Premium/Discount to List
-$14,500
-11.2%
Views
179
Current Estimated Value
$142,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,639
Avg. Annual Appreciation
6.90%
Original Mortgage
$80,500
Outstanding Balance
$78,894
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$54,276

Purchase Details

Listed on
Apr 22, 2017
Closed on
Aug 15, 2017
Sold by
Richardson Cedric
Bought by
Mid South Homebuyers Inc
Seller's Agent
Sandra Wright
BEST Real Estate Company
Buyer's Agent
Barbara Dixon
KAIZEN Realty, LLC
List Price
$25,000
Sold Price
$36,000
Premium/Discount to List
$11,000
44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.84%

Purchase Details

Closed on
Jan 23, 2017
Sold by
Mid South Homebuyers Inc
Bought by
Bisordi James A and Bisordi Carol M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,600
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2005
Sold by
Phipps Peggy and Keenum Travis
Bought by
Richardson Cedric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Sharma Anand $115,000 Saddle Creek Title
Mid South Homebuyers Inc $260,000 Southern Trust Title Co
Bisordi James A $84,000 Saddle Creek Title Llc
Richardson Cedric $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharma Anand $80,500
Previous Owner Bisbordi James A $75,000
Previous Owner Bisordi James A $61,600
Previous Owner Richardson Cedric $64,000
Closed Mid South Homebuyers Inc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $115,000 -7.2% $72 / Sq Ft
06/01/2023 06/01/23 Pending -- -- --
04/30/2023 04/30/23 Price Changed $123,900 -4.3% $77 / Sq Ft
03/16/2023 03/16/23 For Sale $129,500 +259.7% $81 / Sq Ft
08/15/2017 08/15/17 Sold $36,000 +44.0% $23 / Sq Ft
05/20/2017 05/20/17 Pending -- -- --
04/22/2017 04/22/17 For Sale $25,000 -- $16 / 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 $880 $35,775 $3,475 $32,300
2024 $880 $25,950 $3,100 $22,850
2023 $1,581 $25,950 $3,100 $22,850
2022 $1,581 $25,950 $3,100 $22,850
2021 $1,599 $25,950 $3,100 $22,850
2020 $1,342 $18,525 $3,100 $15,425
2019 $1,342 $18,525 $3,100 $15,425
2018 $1,342 $18,525 $3,100 $15,425
2017 $696 $16,925 $3,100 $13,825
2016 $754 $17,250 $0 $0
2014 $754 $17,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeremy Veldman

    Seller's Agent in 2023

    Jeremy Veldman

    KAIZEN Realty, LLC

    (901) 221-4041

    21 in this area

    213 Total Sales

    Jeremy Veldman
    Section Image

  • S

    Seller's Agent in 2017

    Sandra Wright

    BEST Real Estate Company

    (901) 212-4134

    3 in this area

    9 Total Sales

    Sandra Wright
    Section Image

  • B

    Buyer's Agent in 2017

    Barbara Dixon

    KAIZEN Realty, LLC

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10143945

Memphis Area Association of REALTORS®

APN: 08-3018-0-0015

Tennessee Shelby County Memphis 38128 Raleigh

3403 Scenic Hwy, Memphis, TN

This home is located at 3403 Scenic Hwy, Memphis, TN 38128 since 16 March 2023 and is currently estimated at $142,639, approximately $79 per square foot. This property was built in 1953. 3403 Scenic Hwy 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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