NOT LISTED FOR SALE

3488 Bowman Ave Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $121,000 - $158,000

3 Beds
1.5 Baths
1,000-1,199 Sq Ft
$114/Sq Ft Est. Value

Sale Details

Date Sold: April 6, 2015

Last sale price $34,000 $28 Per Sq Ft

Est. 301% increase in value since last sale

Current estimated payment $800 / mo

26 Days on Market

Highlights

  • Wood Flooring
  • Separate Formal Living Room
  • Brick Veneer
  • 1 Fireplace
  • Porch
  • Storage Room

About This Home

As of April 2015

3 BR 2 BA ranch in Austin Peay Hwy./Yale Rd. area of Raleigh. One story brick with double carport and storage room. Original hardwoods. MBR has walk-in closet. Needs updates. Good potential for investor.

Last Agent to Sell the Property

Mike Ward

Crye-Leike, Inc., REALTORS License #323054 Listed on: 03/05/2015

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Benolyn Craig

CB Properties of Memphis, LLC License #320646

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1961

Lot Details

  • 6,970 Sq Ft Lot
  • Chain Link Fence

Home Design

  • Brick Veneer
  • Composition Shingle Roof

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,144 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Separate Formal Living Room
  • Storage Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 2 Parking Spaces
  • Driveway

Additional Features

  • Porch
  • Central Heating and Cooling System

Community Details

  • Broadmoor Park Blk A 2 Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 085013 00002

Home Details

Home Type

Single Family

Year Built

Built in 1961

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Ranch
  • 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: 1144
  • 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: 1000-1199
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room
  • Number Of Fireplaces: 1

Exterior Features

  • Misc Exterior: Porch, Chain Fence
  • Exterior Windows: Brick Veneer
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad, Storage Room(s)

Utilities

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

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Chain Fenced
  • Lot Number: 94
  • Acreage: 0.16
  • Lot Size: 80/89.44 X 89.95/129.95

Tax Info

  • Assessor Parcel Number: 085013 00002

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2015
Sold by
Bought by
Current Estimated Value
$136,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,050
Outstanding Balance
$43,311
Interest Rate
4.04%
Mortgage Type
New Conventional
Estimated Equity
$93,002

Purchase Details

Listed on
Mar 5, 2015
Closed on
Apr 3, 2015
Sold by
Bought by
Seller's Agent
Mike Ward
Crye-Leike, Inc., REALTORS
Buyer's Agent
Benolyn Craig
CB Properties of Memphis, LLC
List Price
$44,000
Sold Price
$34,000
Premium/Discount to List
-$10,000
-22.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.14%
Original Mortgage
$50,000
Interest Rate
3.84%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$73,400 Saddle Creek Title Llc
$34,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $55,050
Previous Owner $50,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/06/2015 04/06/15 Sold $34,000 -22.7% $34 / Sq Ft
03/31/2015 03/31/15 Pending -- -- --
03/05/2015 03/05/15 For Sale $44,000 -- $44 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $819 $30,450 $3,125 $27,325
2024 -- $20,775 $2,275 $18,500
2023 $1,266 $20,775 $2,275 $18,500
2022 $1,266 $20,775 $2,275 $18,500
2021 $1,280 $20,775 $2,275 $18,500
2020 $937 $12,925 $2,275 $10,650
2019 $937 $12,925 $2,275 $10,650
2018 $937 $12,925 $2,275 $10,650
2017 $531 $12,925 $2,275 $10,650
2016 $550 $12,575 $0 $0
2014 $550 $12,575 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mike Ward

    Seller's Agent in 2015

    Mike Ward

    Crye-Leike

    (901) 277-3869

    1 in this area

    105 Total Sales

    Mike Ward
    Section Image

  • B

    Buyer's Agent in 2015

    Benolyn Craig

    CB Properties of Memphis, LLC

    (901) 240-8111

    2 Total Sales

    Benolyn Craig
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9946724

Memphis Area Association of REALTORS®

APN: 08-5013-0-0002

Tennessee Shelby County Memphis 38128 Raleigh

3488 Bowman Ave, Memphis, TN

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