NOT LISTED FOR SALE

3508 Panbrook Cove Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $147,000 - $162,000

3 Beds
1.5 Baths
1,600-1,799 Sq Ft
$85/Sq Ft Est. Value

Last Sold June 29, 2016

Last sale price $29,500 $16 Per Sq Ft

Est. 420% increase in value since last sale

Current estimated payment $911/month

36 Days on Market

Highlights

  • Traditional Architecture
  • Combination Dining and Living Room
  • Vinyl Flooring
  • 1 Car Attached Garage
  • Level Lot
  • 1-Story Property

About This Home

As of June 2016

Located in the Raleigh area of Northeast Memphis, this three bedroom one and a half bath brick home is ready for a new owner. This home offers a large kitchen with breakfast bar, formal dining room, living room and bonus room on the rear of the home. Convenient to schools, shopping and public transportation. This home is priced for immediate sale and is being offered in as is condition. Check out the multiple photos and the virtual tour of this home. This is HUD Home Case # 482-375725

Last Agent to Sell the Property

Greg Glosson

Fast Track Realty, LLC License #262724 Listed on: 05/11/2016

Co-Listed By

Elizabeth Glosson

Fast Track Realty, LLC License #282986

Last Buyer's Agent

Stephanie Lewis

Purple Reign Realty License #266211

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $891

Year Built

  • Built in 1970

Lot Details

  • 9,148 Sq Ft Lot
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,558 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Combination Dining and Living Room
  • Vinyl Flooring
  • Iron Doors

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 1 Car Attached Garage
  • Carport
  • Driveway

Outdoor Features

  • Cove

Community Details

  • Raleigh Hills Rev Blk H Subdivision

Listing and Financial Details

  • Assessor Parcel Number 086031 00017

Home Details

Home Type

Single Family

Est. Annual Taxes

$891

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 732C
  • MAAR Subdivision Name: RALEIGH HILLS BLK H
  • List Price Per Sq Ft: 19
  • Number Of Stories: 1
  • Price Per Sq Ft: 18.93
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1558
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Vinyl Floor
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: LR/DR Combination
  • Misc Interior: All Window Treatments
  • Total Bathrooms: 1.1
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

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

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1A
  • Parking Storage: Driveway/Pad

Utilities

  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level, Cove
  • Lot Number: 351
  • Acreage: 0.21
  • Lot Size: 70.36/70.29 X 133.69/143.72
  • Price Per Acre: 142857

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 086031 00017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2016
Closed on
Jun 29, 2016
Sold by
Myers Brian
Bought by
Myers Brian
Seller's Agent
Greg Glosson
Fast Track Realty, LLC
Buyer's Agent
Stephanie Lewis
Purple Reign Realty
List Price
$30,000
Sold Price
$29,500
Premium/Discount to List
-$500
-1.67%
Current Estimated Value
$153,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,038
Avg. Annual Appreciation
18.94%

Purchase Details

Closed on
Jun 17, 2005
Sold by
Murrell Harold Melvin
Bought by
Williams Steven J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,098
Interest Rate
5.66%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 10, 1999
Sold by
Williams Tony J and Williams Powell R
Bought by
Murrelly Harold M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,427
Interest Rate
7.85%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 5, 1995
Bought by
Holland Robbie J
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
Myers Brian $29,500 None Available
Williams Steven J $72,535 None Available
Murrelly Harold M $70,000 --
Holland Robbie J $63,789 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Murrell Harold Melvin $81,098
Previous Owner Murrelly Harold M $69,427
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2016 06/29/16 Sold $29,500 -1.7% $18 / Sq Ft
06/16/2016 06/16/16 Pending -- -- --
05/11/2016 05/11/16 For Sale $30,000 -- $19 / 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 $891 $36,225 $3,750 $32,475
2024 $891 $26,275 $2,900 $23,375
2023 $1,601 $26,275 $2,900 $23,375
2022 $1,601 $26,275 $2,900 $23,375
2021 $1,619 $26,275 $2,900 $23,375
2020 $1,185 $16,350 $2,900 $13,450
2019 $1,185 $16,350 $2,900 $13,450
2018 $1,185 $16,350 $2,900 $13,450
2017 $672 $16,350 $2,900 $13,450
2016 $677 $15,500 $0 $0
2014 $677 $15,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Greg Glosson

    Seller's Agent in 2016

    Greg Glosson

    Fast Track Realty, LLC

    (901) 550-3633

    12 Total Sales

    Greg Glosson
    Section Image
  • Elizabeth Glosson

    Seller Co-Listing Agent in 2016

    Elizabeth Glosson

    Fast Track Realty, LLC

    (901) 336-8103

    126 Total Sales

    Elizabeth Glosson
    Section Image
  • Stephanie Lewis

    Buyer's Agent in 2016

    Stephanie Lewis

    Purple Reign Realty

    (901) 574-2148

    2 in this area

    66 Total Sales

    Stephanie Lewis
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9976882

Memphis Area Association of REALTORS®

APN: 08-6031-0-0017

Tennessee Shelby County Memphis 38128 Raleigh

3508 Panbrook Cove, Memphis, TN

This home is located at 3508 Panbrook Cove, Memphis, TN 38128 since 11 May 2016 and is currently estimated at $153,538, approximately $85 per square foot. This property was built in 1970. 3508 Panbrook Cove is a home located in Shelby County with nearby schools including Raleigh Egypt High School, Coleman School, and Promise Academy - Spring Hill.

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