NOT LISTED FOR SALE

3507 Banyan Ln Memphis, TN 38128

Estimated Value: $454,698 - $485,000

4 Beds
3 Baths
2,800-2,999 Sq Ft
$157/Sq Ft Est. Value

Last Sold December 10, 2024

Last sale price $455,000 $152 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,760/month

1 Day on Market

Highlights

  • Landscaped Professionally
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Bon Lin Elementary School Rated A
  • Wood Flooring
  • Whirlpool Bathtub

About This Home

As of December 2024

Spectacular home with all the extras! This home has been impeccably cared for and has added many updates to make it a standout. Front lawn irrigation in 2019, Wood Fence 2018, Enclosed patio in 2020, Outdoor camera system in 2021, added gas stove in 2021, put in a Tuff Shed in 2022 which also has electricity, owners had $22,000 Generac generator installed in 2023. 4 Bedrooms (2 downstairs on opposite halls), Bonus room, 3 full baths, Mud room and Laundry room. Side load garage with installed shelving plus double driveway. Beautiful neighborhood where all the homes are kept in clean, neat condition. Right outside the enclosed patio is extra concrete pad to allow ample space for the nights the grill is in full use. Don't miss your opportunity with this wonderful home. Call for a showing today!

Last Agent to Sell the Property

Jill McKnatt

Coldwell Banker Collins-Maury License #304471 Listed on: 11/05/2024

Coldwell Banker Collins-Maury

Last Buyer's Agent

Elizabeth Hendricks

Groome & Co. License #317026

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2016

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 96.82 x 164.07
  • Wood Fence
  • Landscaped Professionally
  • Level Lot

HOA Fees

  • $35 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Slab Foundation

Interior Spaces

  • 2,800-2,999 Sq Ft Home
  • 2,874 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Some Wood Windows
  • Double Pane Windows
  • Window Treatments
  • Two Story Entrance Foyer
  • Breakfast Room
  • Dining Room
  • Den with Fireplace
  • Bonus Room
  • Screened Porch
  • Fire and Smoke Detector
  • Laundry Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Parking

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

Outdoor Features

  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Windsor Park Sec A Subdivision
  • Property managed by Keith S. Collins
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number B0158P A00062

Home Details

Home Type

Single Family

Year Built

Built in 2016

Lot Details

0

HOA Fees

$35 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Bostick
  • MAAR Subdivision Name: WINDSOR PARK SEC A
  • Number Of Stories: 2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2874
  • Year Built: 2016
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Laundry Room
  • Second Story Floor Plan: 4th or More Bedrooms, 1 Bath, Bonus Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Split Bedroom Plan, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Full Bath Down
  • Estimated Heated Sq Ft Range: 2800-2999
  • Bedroom 2 Description: Level 1, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 3 Description: Level 2, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 4 Description: Level 2, Shared Bath, Smooth Ceiling, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 2
  • Fireplace: Ventless Gas Fireplace, In Den/Great Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling, Two Story Foyer
  • Full Bathrooms: 3
  • Equipment: Range/Oven, Self Cleaning Oven, Disposal, Dishwasher, Microwave, Refrigerator
  • Living Dining Kitchen: Eat-In Kitchen, Breakfast Bar, Separate Breakfast Room, Pantry, Island In Kitchen
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Walk-In Attic, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Bonus Room, Entry Hall, Attic
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Smooth Ceiling, Carpet

Exterior Features

  • Misc Exterior: Storage Building, Screen Porch, Sidewalks
  • Exterior Windows: Brick Veneer, Wood/Composition, Double Pane Window(s)
  • Foundation: Slab

Garage/Parking

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

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central
  • Security: Smoke Detector(s), Dead Bolt Lock(s)
  • Water Sewer: Electric Water Heater, Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 425
  • Management Company: Keith S. Collins
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Level, Professionally Landscaped, Wood Fenced
  • Lot Number: 62
  • Acreage: 0.33
  • Lot Size: 96.82 X 164.07
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: B0158P A00062

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2024
Closed on
Dec 10, 2024
Sold by
Austin Melvin C and Austin Nicole A
Bought by
Proutey Brandon and Proutey Kelsey
Seller's Agent
Jill McKnatt
Coldwell Banker Collins-Maury
Buyer's Agent
Elizabeth Hendricks
Groome & Co.
List Price
$450,000
Sold Price
$455,000
Premium/Discount to List
$5,000
1.11%
Views
26
Current Estimated Value
$471,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,175
Avg. Annual Appreciation
3.55%
Original Mortgage
$416,000
Outstanding Balance
$412,684
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$58,491

Purchase Details

Listed on
Oct 12, 2015
Closed on
Jul 25, 2016
Sold by
Regency Homebuilders Llc
Bought by
Austin Melvin C and Austin Nicole A
Seller's Agent
Edwin Scruggs
BHHS Taliesyn Realty
Buyer's Agent
Amy Batson
Crye-Leike, Inc., REALTORS
List Price
$249,851
Sold Price
$301,000
Premium/Discount to List
$51,149
20.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.05%
Original Mortgage
$307,471
Interest Rate
3.54%
Mortgage Type
VA

Purchase Details

Closed on
Aug 26, 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
$661,880
Interest Rate
4.16%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Value Increase
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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
Proutey Brandon $455,000 River City Title & Escrow Llc
Austin Melvin C $301,000 None Available
Regency Homebuilders Llc $65,000 Memphis Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Proutey Brandon $416,000
Previous Owner Austin Melvin C $307,471
Previous Owner Regency Homebuilders Llc $661,880
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/10/2024 12/10/24 Sold $455,000 +1.1% $163 / Sq Ft
11/06/2024 11/06/24 Pending -- -- --
11/05/2024 11/05/24 For Sale $450,000 +49.5% $161 / Sq Ft
07/25/2016 07/25/16 Sold $301,000 +20.5% $125 / Sq Ft View Prior Sale
06/09/2016 06/09/16 Pending -- -- --
10/12/2015 10/12/15 For Sale $249,851 -- $104 / 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 $2,946 $114,475 $23,100 $91,375
2024 $2,946 $86,900 $17,550 $69,350
2023 $4,449 $86,900 $17,550 $69,350
2022 $4,449 $86,900 $17,550 $69,350
2021 $4,519 $86,900 $17,550 $69,350
2020 $4,331 $73,650 $14,950 $58,700
2019 $4,331 $73,650 $14,950 $58,700
2018 $4,331 $73,650 $14,950 $58,700
2017 $3,027 $73,650 $14,950 $58,700
2016 $795 $18,200 $0 $0
2014 $197 $4,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10184586

Memphis Area Association of REALTORS®

APN: B0-158P-A0-0062