NOT LISTED FOR SALE

3445 Powers Rd Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $152,000 - $177,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$103/Sq Ft Est. Value

Last Sold March 31, 2016

Last sale price $49,097 $31 Per Sq Ft

Est. 235% increase in value since last sale

Current estimated payment $925/month

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • Partially Carpeted
  • Separate Formal Living Room
  • Dining Room
  • Level Lot

About This Home

As of March 2016

Great Investment Property that is Occupied and Rented for $800.00 per month. PLEASE DO NOT DISTURB THE TENANTS. Showings and inspections contingent upon written offer only. Part of a package of 19 properties. Please feel free to call with questions or offers.

Last Agent to Sell the Property

Patrick Scifres

Fast Track Realty, LLC License #332811 Listed on: 12/12/2015

Co-Listed By

Tina Sandoval

Spartan REALTORS, LLC License #312887

Last Buyer's Agent

Tina Sandoval

Spartan REALTORS, LLC License #312887

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $753

Year Built

  • Built in 1961

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 65 x 140
  • Level Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,451 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Dining Room
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Home Security

  • Fire and Smoke Detector
  • Iron Doors

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Broadmoor Park Blk A 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 085013 00008

Home Details

Home Type

Single Family

Est. Annual Taxes

$753

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: BROADMOOR PARK BLK A-2
  • List Price Per Sq Ft: 38
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1451
  • Year Built: 1961
  • 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
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room
  • Misc Interior: Smoke Detector(s)

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Level
  • Lot Number: 110
  • Acreage: 0.2
  • Lot Size: 65 X 140

Tax Info

  • Assessor Parcel Number: 085013 00008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2015
Closed on
Mar 31, 2016
Sold by
Foreman Jefferson H
Bought by
Caf B L 2015 Llc
Seller's Agent
Patrick Scifres
Fast Track Realty, LLC
Buyer's Agent
Tina Sandoval
Spartan REALTORS, LLC
List Price
$54,900
Sold Price
$49,097
Premium/Discount to List
-$5,803
-10.57%
Current Estimated Value
$164,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,266
Avg. Annual Appreciation
13.44%
Original Mortgage
$50,000,000
Interest Rate
3.64%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 2, 2012
Sold by
Your Home Llc
Bought by
Foreman Jeff

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,960
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 29, 2012
Sold by
Tennessee Investment Properties
Bought by
Your Home Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,960
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 16, 2012
Sold by
Coffman Donald J and Coffman Lautasi L
Bought by
Tennessee Investment Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,960
Interest Rate
4%
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
Caf B L 2015 Llc $939,327 None Available
Foreman Jeff $37,500 None Available
Your Home Llc -- None Available
Tennessee Investment Properties $29,700 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Caf B L 2015 Llc $50,000,000
Previous Owner Foreman Jeff $45,960
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2016 03/31/16 Sold $49,097 -10.6% $35 / Sq Ft
03/28/2016 03/28/16 Pending -- -- --
12/12/2015 12/12/15 For Sale $54,900 -- $39 / 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 $753 $32,275 $3,400 $28,875
2024 $753 $22,200 $2,475 $19,725
2023 $1,352 $22,200 $2,475 $19,725
2022 $1,352 $22,200 $2,475 $19,725
2021 $1,607 $22,200 $2,475 $19,725
2020 $1,007 $13,900 $2,475 $11,425
2019 $444 $13,900 $2,475 $11,425
2018 $444 $13,900 $2,475 $11,425
2017 $455 $13,900 $2,475 $11,425
2016 $565 $12,925 $0 $0
2014 $565 $12,925 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2016

    Patrick Scifres

    Fast Track Realty, LLC

  • Tina Sandoval

    Seller Co-Listing Agent in 2016

    Tina Sandoval

    Spartan REALTORS, LLC

    (901) 218-6558

    42 in this area

    271 Total Sales

    Tina Sandoval
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9970683

Memphis Area Association of REALTORS®

APN: 08-5013-0-0008

Tennessee Shelby County Memphis 38128 Raleigh

3445 Powers Rd, Memphis, TN

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