I'm thinking it's an '84 Blues King model made at Strings & Things in Memphis. I had a Translucent Cherry '84 that had a S/N of 038XX. (I'm not showing the entire S/N because I no longer have it, and the new owner might not want it broadcast.) Great, largely unknown basses. Looks like you have a nice one there!
EDIT: If you call the shop, the guys there can tell you exactly what year it was made. They're very nice. But I'm pretty sure it's an '84. Here's a pic of the one I had: