NOT LISTED FOR SALE

3489 Banyan Ln Memphis, TN 38128

Estimated Value: $482,485 - $565,000

4 Beds
3.5 Baths
3,200-3,399 Sq Ft
$152/Sq Ft Est. Value

Last Sold October 15, 2020

Last sale price $397,000 $117 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,992/month

2 Days on Market

Highlights

  • Updated Kitchen
  • Fireplace in Hearth Room
  • Wood Flooring
  • Bon Lin Elementary School Rated A
  • Traditional Architecture
  • Main Floor Primary Bedroom

About This Home

As of October 2020

Gorgeous 5 BR/3BA home in Windsor Park. Open concept, soaring ceilings, expansive great room & fireplace, covered outdoor living area, & formal dining room make entertaining a breeze. The eat in kitchen with stainless appliances, tons of cabinets, breakfast bar, & granite countertops provides the perfect place to gather. Huge master suite & luxury bath with walkthrough shower, double vanity, & whirlpool tub. 2nd BR & BA down is the perfect space for guests while upstairs boasts 3BR or 2BR+bonus

Last Agent to Sell the Property

Michelle Creamer

Groome & Co. License #284261 Listed on: 09/11/2020

Last Buyer's Agent

Steve Boysen

Crye-Leike, Inc., REALTORS License #220982

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2015

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 83.46 x 121.48
  • Wood Fence
  • Landscaped
  • Level Lot

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 3,200-3,399 Sq Ft Home
  • 3,351 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • 2 Fireplaces
  • Factory Built Fireplace
  • Fireplace in Hearth Room
  • Gas Fireplace
  • Double Pane Windows
  • Window Treatments
  • Separate Formal Living Room
  • Breakfast Room
  • Dining Room
  • Den
  • Bonus Room
  • Storage Room
  • Laundry Room
  • Home Security System
  • Attic

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Remodeled Bathroom
  • Double Vanity
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Parking

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

Outdoor Features

  • Outdoor Storage
  • Porch

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Windsor Park Sec A Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number B0158P A00059

Home Details

Home Type

Single Family

Year Built

Built in 2015

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: 112
  • Number Of Stories: 2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3351
  • Year Built: 2015
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Master Bedroom, 2nd Bedroom, 1 1/2 Bath, Laundry Room, Breakfast Room
  • Second Story Floor Plan: 3rd Bedroom, 4th or More Bedrooms, 2 or More Baths
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Master Down, Renovated Bathroom, Luxury Master Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 3200-3399
  • Bedroom 2 Description: Level 1, Hardwood Floor
  • Bedroom 3 Description: Level 2, Shared Bath, Carpet
  • Bedroom 4 Description: Level 2, Shared Bath, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 2
  • Fireplace: Prefabricated, Ventless Gas Fireplace, In Keeping/Hearth room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, 9 or more Ft. Ceiling
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave, Cable Wired
  • Living Dining Kitchen: Separate Living Room, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Separate Breakfast Room, Pantry
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Tile Floor
  • Master Bedroom: Level 1, Walk-In Closet, Full Bath, Vaulted/Coffered Ceiling, Carpet
  • Master Bedroom Dimensions: 14x17
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Security System
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Room, Bonus Room, Attic

Exterior Features

  • Misc Exterior: Storage Building, Porch, Wood Fence
  • Exterior Windows: Brick Veneer, Double Pane Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Driveway/Pad, Storage Room(s), Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s), Dual System
  • Heating: Central, Gas, Dual System
  • Water Sewer: Gas Water Heater, 2+ Water Heaters, Public Sewer

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Level, Landscaped, Wood Fenced
  • Lot Number: 59
  • Acreage: 0.27
  • Keeping Hearth Dimension: 16x16
  • Lot Size: 83.46 X 121.48

Tax Info

  • Assessor Parcel Number: B0158P A00059

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2020
Closed on
Oct 15, 2020
Sold by
Riedel Brant and Riedel Karen
Bought by
Dawood Hawbash R
Seller's Agent
Michelle Creamer
Groome & Co.
Buyer's Agent
Steve Boysen
Crye-Leike, Inc., REALTORS
List Price
$375,000
Sold Price
$397,000
Premium/Discount to List
$22,000
5.87%
Current Estimated Value
$517,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,621
Avg. Annual Appreciation
5.26%
Original Mortgage
$239,000
Outstanding Balance
$212,578
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$305,043

Purchase Details

Listed on
Jul 30, 2015
Closed on
Feb 5, 2016
Sold by
Regency Homebuilders Llc
Bought by
Riedel Brant and Riedel Karen
Seller's Agent
Donna Scruggs
BHHS Taliesyn Realty
Buyer's Agent
Donna Scruggs
BHHS Taliesyn Realty
List Price
$334,830
Sold Price
$334,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.69%

Purchase Details

Closed on
Sep 23, 2015
Sold by
Windsor Farms 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
$238,227
Interest Rate
3.97%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dawood Hawbash R $397,000 Erickon Title& Closingl Lc
Riedel Brant W $489,000 Southern Trust Title Co
Riedel Brant $334,830 Attorney
Regency Homebuilders Llc $32,500 Memphis Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riedel Brant W $239,000
Closed Dawood Hawbash R $317,600
Previous Owner Regency Homebuilders Llc $238,227
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/15/2020 10/15/20 Sold $397,000 +5.9% $124 / Sq Ft
09/13/2020 09/13/20 Pending -- -- --
09/11/2020 09/11/20 For Sale $375,000 +12.0% $117 / Sq Ft
02/05/2016 02/05/16 Sold $334,830 0.0% $105 / Sq Ft View Prior Sale
08/12/2015 08/12/15 Pending -- -- --
07/30/2015 07/30/15 For Sale $334,830 -- $105 / 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 $3,231 $125,750 $23,100 $102,650
2024 $3,231 $95,300 $17,550 $77,750
2023 $4,879 $95,300 $17,550 $77,750
2022 $4,879 $95,300 $17,550 $77,750
2021 $4,956 $95,300 $17,550 $77,750
2020 $3,328 $82,175 $14,950 $67,225
2019 $1,504 $82,175 $14,950 $67,225
2018 $3,328 $82,175 $14,950 $67,225
2017 $4,881 $82,175 $14,950 $67,225
2016 $1,362 $31,175 $0 $0
2014 $197 $4,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michelle Creamer

    Seller's Agent in 2020

    Michelle Creamer

    Groome & Co.

    (901) 634-4321

    49 in this area

    227 Total Sales

    Michelle Creamer
    Section Image
  • Steve Boysen

    Buyer's Agent in 2020

    Steve Boysen

    Crye-Leike

    (901) 372-3690

    74 in this area

    188 Total Sales

    Steve Boysen
    Section Image

  • D

    Seller's Agent in 2016

    Donna Scruggs

    BHHS Taliesyn Realty

    (901) 268-0774

    6 in this area

    111 Total Sales

    Donna Scruggs
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10084692

Memphis Area Association of REALTORS®

APN: B0-158P-A0-0059

Tennessee Shelby County Memphis 38128

3489 Banyan Ln, Memphis, TN

Not Listed for Sale

Detached

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