3416 Scenic Terrace Memphis, TN 38128
Raleigh Neighborhood
4
Beds
1.5
Baths
2,000-2,199
Sq Ft
0.55
Acres
Highlights
- 0.55 Acre Lot
- Traditional Architecture
- Separate Formal Living Room
- Deck
- Wood Flooring
- Bonus Room
About This Home
As of July 2025Opportunity knocks in Raleigh! This spacious corner-lot home is now vacant and ready for its next chapter, whether you're an investor or an owner-occupant looking for value. Situated on a half acre, this home features 4 bedrooms, a home office, hardwood and tile flooring, an expansive addition with a large den, oversized laundry room, and a bonus bedroom perfect for guests or flex space. The main layout includes generous living and dining areas, with good natural light and functional flow. Covered parking adds convenience and is perfect for the piddler in your life, while the fenced backyard and patio provide room to relax or entertain. With solid bones and a layout that works for a range of needs, this home is priced to sell and full of potential. Whether you're just starting out or adding to your portfolio, this is a smart move.
Last Agent to Sell the Property
BHHS McLemore & Co., Realty License #318728 Listed on: 06/03/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $907
Year Built
- Built in 1956
Lot Details
- 0.55 Acre Lot
- Lot Dimensions are 130x183
- Chain Link Fence
- Landscaped
- Corner Lot
- Level Lot
- Few Trees
Home Design
- Traditional Architecture
- Composition Shingle Roof
Interior Spaces
- 2,000-2,199 Sq Ft Home
- 2,107 Sq Ft Home
- 1-Story Property
- Smooth Ceilings
- Popcorn or blown ceiling
- Some Wood Windows
- Window Treatments
- Separate Formal Living Room
- Dining Room
- Home Office
- Bonus Room
- Screened Porch
- Storage Room
- Iron Doors
Kitchen
- Eat-In Kitchen
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- Walk-In Closet
- Primary Bathroom is a Full Bathroom
Laundry
- Laundry Room
- Washer and Dryer Hookup
Parking
- 2 Parking Spaces
- Driveway
Outdoor Features
- Deck
- Patio
- Outdoor Storage
Utilities
- Central Heating and Cooling System
- Vented Exhaust Fan
Community Details
- Scenic Hwy 3Rd Addn Subdivision
Listing and Financial Details
- Assessor Parcel Number 084014 00017
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 3, 2025
Closed on
Jul 2, 2025
Sold by
Mann Kyle Adam
Bought by
Bryant Kanesia Necole
Seller's Agent
Amanda Lott
BHHS McLemore & Co., Realty
Buyer's Agent
Chauntay Harris
Faith First Realty
List Price
$175,000
Sold Price
$175,000
Views
30
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-26.00%
Original Mortgage
$171,830
Outstanding Balance
$171,686
Interest Rate
6.89%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$3,404
Purchase Details
Listed on
Apr 7, 2020
Closed on
May 4, 2020
Sold by
Memphis Investment Properties Iii Llc
Bought by
Mann Kyle Adam
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$110,000
Sold Price
$110,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.38%
Original Mortgage
$88,000
Interest Rate
3.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 28, 2020
Sold by
Thigpen Jimmie Eugene
Bought by
Memphis Investment Properties Ii Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage
Similar Homes in Memphis, TN
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $175,000 | None Listed On Document | |
| Warranty Deed | $110,000 | Delta Title Services Llc | |
| Warranty Deed | $57,000 | Close Trak Closing & Ttl Svc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $171,830 | Credit Line Revolving | |
| Previous Owner | $112,000 | New Conventional | |
| Previous Owner | $88,000 | New Conventional | |
| Previous Owner | $85,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $83,915 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/07/2025 07/07/25 | Sold | $175,000 | 0.0% | $88 / Sq Ft |
| 06/07/2025 06/07/25 | Pending | -- | -- | -- |
| 06/03/2025 06/03/25 | For Sale | $175,000 | +59.1% | $88 / Sq Ft |
| 05/05/2020 05/05/20 | Sold | $110,000 | 0.0% | $55 / Sq Ft |
| 04/07/2020 04/07/20 | Pending | -- | -- | -- |
| 04/07/2020 04/07/20 | For Sale | $110,000 | -- | $55 / Sq Ft |
Source: Memphis Area Association of REALTORS®
Tax History Compared to Growth
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 | $907 | $40,900 | $2,550 | $38,350 |
| 2024 | $907 | $26,750 | $2,275 | $24,475 |
| 2023 | $1,630 | $26,750 | $2,275 | $24,475 |
| 2022 | $1,630 | $26,750 | $2,275 | $24,475 |
| 2021 | $726 | $26,750 | $2,275 | $24,475 |
| 2020 | $1,491 | $20,575 | $2,275 | $18,300 |
| 2019 | $658 | $20,575 | $2,275 | $18,300 |
| 2018 | $658 | $20,575 | $2,275 | $18,300 |
| 2017 | $673 | $20,575 | $2,275 | $18,300 |
| 2016 | $792 | $18,125 | $0 | $0 |
| 2014 | $792 | $18,125 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Amanda Lott
Seller's Agent in 2025
Amanda Lott
BHHS McLemore & Co., Realty
(901) 461-9246
9 in this area
360 Total Sales
-
Carol Lott
Seller Co-Listing Agent in 2025
Carol Lott
BHHS McLemore & Co., Realty
(901) 461-4869
8 in this area
352 Total Sales
-
Chauntay Harris
Buyer's Agent in 2025
Chauntay Harris
Faith First Realty
(901) 308-4772
2 in this area
16 Total Sales
-
Jim Reedy
Seller's Agent in 2020
Jim Reedy
Reedy & Company, REALTORS
(901) 842-0805
29 in this area
426 Total Sales
-
Bradley Reedy
B
Buyer's Agent in 2020
Bradley Reedy
Reedy & Company, REALTORS
(901) 842-0805
29 in this area
443 Total Sales
Map
Source: Memphis Area Association of REALTORS®
MLS Number: 10198035
APN: 08-4014-0-0017
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