NOT LISTED FOR SALE

3520 Panbrook Cove Memphis, TN 38128

Raleigh Neighborhood

Estimated Value: $150,000 - $160,660

3 Beds
2 Baths
1,389 Sq Ft
$111/Sq Ft Est. Value

Last Sold June 28, 2013

Last sale price $44,000 $32 Per Sq Ft

Est. 252% increase in value since last sale

Current estimated payment $923/month

38 Days on Market

Highlights

  • In Ground Pool
  • 1 Fireplace
  • Porch
  • Traditional Architecture
  • Separate Formal Living Room
  • 2 Car Attached Garage

About This Home

As of June 2013

Great investment. 3br/2ba brick home with attached 2 car carport. Separate diningroom. Inground pool. Sold AS IS.

Last Agent to Sell the Property

Shorty Watkins

River Oaks, Inc. License #53894 Listed on: 04/30/2013

Last Buyer's Agent

Benolyn Craig

CB Properties of Memphis, LLC License #320646

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $965

Year Built

  • Built in 1970

Lot Details

  • 4,792 Sq Ft Lot
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,389 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Separate Formal Living Room
  • Dining Room
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Carport
  • Driveway

Outdoor Features

  • In Ground Pool
  • Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • Raleigh Hills Rev Blk H Subdivision

Listing and Financial Details

  • Assessor Parcel Number 086031 00019

Home Details

Home Type

Single Family

Est. Annual Taxes

$965

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
  • Number Of Stories: 1
  • Price Per Sq Ft: 31.68
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1389
  • 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: Not Available
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wall to Wall Carpet
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer
  • Pool Description: In Ground

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking Display: C2A
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 349
  • Acreage: 0.11
  • Lot Size: 45.35/144.19 IRR X 108.78/109.75

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 086031 00019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2013
Sold by
Equity Trust Company
Bought by
Zhang Liangmin
Current Estimated Value
$154,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,425
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 30, 2013
Closed on
Jun 28, 2013
Sold by
Memphis Turnkey Properties Gp
Bought by
Equity Trust Company
Seller's Agent
Shorty Watkins
River Oaks, Inc.
Buyer's Agent
Benolyn Craig
CB Properties of Memphis, LLC
List Price
$49,900
Sold Price
$44,000
Premium/Discount to List
-$5,900
-11.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.44%

Purchase Details

Closed on
Jul 19, 2002
Sold by
Lopez Salvador and Medrano Zoila
Bought by
Federal Home Loan Mortgage Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.67%
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Zhang Liangmin $65,900 Saddle Creek Title Llc
Equity Trust Company $44,765 Saddle Creek Title Llc
Memphis Turnkey Properties Gp $44,000 None Available
Federal Home Loan Mortgage Corporation -- None Available
Lopez Salvador $72,000 Memphis Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Liangmin $74,900
Closed Zhang Liangmin $49,425
Previous Owner Lopez Salvador $72,000
Previous Owner Cox James $5,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2013 06/28/13 Sold $44,000 -11.8% $32 / Sq Ft
06/07/2013 06/07/13 Pending -- -- --
04/30/2013 04/30/13 For Sale $49,900 -- $36 / 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 $965 $39,225 $3,750 $35,475
2024 $965 $28,475 $2,900 $25,575
2023 $1,735 $28,475 $2,900 $25,575
2022 $1,735 $28,475 $2,900 $25,575
2021 $1,755 $28,475 $2,900 $25,575
2020 $1,513 $20,875 $2,900 $17,975
2019 $1,513 $20,875 $2,900 $17,975
2018 $1,513 $20,875 $2,900 $17,975
2017 $858 $20,875 $2,900 $17,975
2016 $720 $16,475 $0 $0
2014 $720 $19,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    Shorty Watkins

    River Oaks, Inc.

    Section Image

  • B

    Buyer's Agent in 2013

    Benolyn Craig

    CB Properties of Memphis, LLC

    (901) 240-8111

    3 Total Sales

    Benolyn Craig
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3270629

Memphis Area Association of REALTORS®

APN: 08-6031-0-0019

Tennessee Shelby County Memphis 38128 Raleigh

3520 Panbrook Cove, Memphis, TN

This home is located at 3520 Panbrook Cove, Memphis, TN 38128 since 30 April 2013 and is currently estimated at $154,665, approximately $111 per square foot. This property was built in 1970. 3520 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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