NOT LISTED FOR SALE

3481 Banyan Ln Memphis, TN 38128

Estimated Value: $462,000 - $517,000

4 Beds
2.5 Baths
2,400-2,599 Sq Ft
$186/Sq Ft Est. Value

Last Sold April 24, 2018

Last sale price $344,543 $133 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,799/month

275 Days on Market

Highlights

  • Built in 2018 | Newly Remodeled
  • Updated Kitchen
  • Vaulted Ceiling
  • Bon Lin Elementary School Rated A
  • Landscaped Professionally
  • Traditional Architecture

About This Home

As of April 2018

Regency Belmont plan A, added outdoor living, 3' addition to outdoor living , 3' addition to great room, and breakfast bay. Also added closet to bonus rm

Last Agent to Sell the Property

Lisa Chou

Adaro Realty, Inc. License #329589 Listed on: 07/19/2017

Adaro Realty, Inc.

Last Buyer's Agent

Katherine Nichols Cook

Marx-Bensdorf, REALTORS License #282062

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 86.74 x 116.50
  • Landscaped Professionally
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,400-2,599 Sq Ft Home
  • 2,595 Sq Ft Home
  • 1.5-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • 1 Fireplace
  • Two Story Entrance Foyer
  • Great Room
  • Separate Formal Living Room

Kitchen

  • Updated Kitchen
  • Kitchen Island

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • Double Vanity
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Parking

  • 2 Car Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number B0158P A00058

Community Details

Overview

  • Windsor Park Sec A Subdivision
  • Mandatory Home Owners Association

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: WINDSOR PARK SEC A
  • List Price Per Sq Ft: 118
  • Number Of Stories: 1.5
  • Prop Construction Status: New Construction (Never Occupied)
  • Estimated Sq Ft: 2595
  • Year Built: 2018
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Vaulted/Coffered Primary, Renovated Bathroom, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 2400-2599
  • Bedrooms: 4
  • Bedrooms Down: 1
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, Vaulted/Coff/Tray Ceiling, Two Story Foyer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Great Room, Updated/Renovated Kitchen, Pantry, Island In Kitchen
  • Number Of Fireplaces: 1
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Vaulted/Coffered Ceiling

Exterior Features

  • Misc Exterior: Patio, Covered Patio
  • Pool Description: Neighborhood

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad, Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Level, Professionally Landscaped
  • Lot Number: 58
  • Acreage: 0.27
  • Lot Size: 86.74 X 116.50

Tax Info

  • Assessor Parcel Number: B0158P A00058

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2017
Closed on
Apr 24, 2018
Sold by
Regeney Homebuilders Llc
Bought by
May Nathan E and May Ashley B
Seller's Agent
Lisa Chou
Adaro Realty, Inc.
Buyer's Agent
Katherine Nichols Cook
Marx-Bensdorf, REALTORS
List Price
$306,850
Sold Price
$344,543
Premium/Discount to List
$37,693
12.28%
Current Estimated Value
$482,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,127
Avg. Annual Appreciation
4.51%
Original Mortgage
$327,125
Outstanding Balance
$281,322
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$201,348

Purchase Details

Closed on
Aug 3, 2017
Sold by
Windsor Fams Llc
Bought by
Regency Homebuilders Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,480
Interest Rate
3.9%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
May Nathan E $344,543 Memphis Title Co
Regency Homebuilders Llc $40,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open May Nathan E $327,125
Previous Owner Regency Homebuilders Llc $254,480
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2018 04/24/18 Sold $344,543 +12.3% $144 / Sq Ft
04/20/2018 04/20/18 Pending -- -- --
07/19/2017 07/19/17 For Sale $306,850 -- $128 / 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 $3,116 $124,400 $23,100 $101,300
2024 $3,116 $91,925 $17,550 $74,375
2023 $4,707 $91,925 $17,550 $74,375
2022 $4,707 $91,925 $17,550 $74,375
2021 $4,780 $91,925 $17,550 $74,375
2020 $4,606 $78,325 $14,950 $63,375
2019 $4,606 $78,325 $14,950 $63,375
2018 $1,399 $9,375 $9,375 $0
2017 $614 $14,950 $14,950 $0
2016 $197 $4,500 $0 $0
2014 $197 $4,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lisa Chou

    Seller's Agent in 2018

    Lisa Chou

    Adaro Realty, Inc.

    (901) 634-6551

    17 in this area

    84 Total Sales

    Lisa Chou
    Section Image
  • Katherine Nichols Cook

    Buyer's Agent in 2018

    Katherine Nichols Cook

    Marx-Bensdorf, REALTORS

    (901) 628-3065

    1 in this area

    79 Total Sales

    Katherine Nichols Cook
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10025340

Memphis Area Association of REALTORS®

APN: B0-158P-A0-0058

Tennessee Shelby County Memphis 38128

3481 Banyan Ln, Memphis, TN

Not Listed for Sale

Detached

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