1023 Colgate Rd Memphis, TN 38106
South Memphis Neighborhood
2
Beds
1
Bath
987
Sq Ft
0.55
Acres
Highlights
- 0.55 Acre Lot
- No HOA
- Cooling System Mounted To A Wall/Window
- Traditional Architecture
- Porch
- Floor Furnace
About This Home
As of December 2025Investment Property.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $544
Year Built
- Built in 1950
Lot Details
- 0.55 Acre Lot
- Lot Dimensions are 99x245
Home Design
- Traditional Architecture
Interior Spaces
- 987 Sq Ft Home
- Property has 3 Levels
- Vinyl Flooring
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Parking
- 1 Open Parking Space
- 1 Parking Space
- Parking Pad
Outdoor Features
- Porch
Utilities
- Cooling System Mounted To A Wall/Window
- Floor Furnace
Community Details
- No Home Owners Association
- Prospect Park Subdivision
Listing and Financial Details
- Tax Lot 47
- Assessor Parcel Number 060029 00001
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 3, 2025
Closed on
Dec 22, 2025
Sold by
Hg Holdings Llc
Bought by
Goldstar Homes Llc
List Price
$80,000
Sold Price
$65,000
Premium/Discount to List
-$15,000
-18.75%
Views
8
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
637.40%
Purchase Details
Closed on
Sep 22, 2020
Sold by
Follis Stephen C
Bought by
Hg Holdings Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,250
Interest Rate
2.9%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 25, 2006
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Follis Stephen C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,565
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 21, 2006
Sold by
Born Thomas G
Bought by
Federal Home Loan Mortgage Corporation
Purchase Details
Closed on
Oct 28, 1999
Sold by
Simmons Barbara Gail Malone Wyrick and Walker Pamela Gail Clements
Bought by
Born Thomas G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,736
Interest Rate
8%
Mortgage Type
VA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $65,000 | None Listed On Document | |
| Warranty Deed | $27,000 | None Available | |
| Corporate Deed | $27,000 | Associates Closing & Title H | |
| Trustee Deed | $54,331 | None Available | |
| Warranty Deed | $46,800 | -- | |
| Warranty Deed | $46,800 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $49,250 | Commercial | |
| Previous Owner | $42,565 | Purchase Money Mortgage | |
| Previous Owner | $47,736 | VA |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/13/2026 01/13/26 | For Sale | $80,000 | +23.1% | $81 / Sq Ft |
| 12/31/2025 12/31/25 | Sold | $65,000 | -- | $66 / Sq Ft |
| 12/31/2025 12/31/25 | Pending | -- | -- | -- |
Source: Realtracs
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 | -- | $24,025 | $2,000 | $22,025 |
| 2024 | $280 | $8,250 | $1,875 | $6,375 |
| 2023 | $503 | $8,250 | $1,875 | $6,375 |
| 2022 | $503 | $8,250 | $1,875 | $6,375 |
| 2021 | $285 | $8,250 | $1,875 | $6,375 |
| 2020 | $578 | $7,975 | $1,875 | $6,100 |
| 2019 | $255 | $7,975 | $1,875 | $6,100 |
| 2018 | $255 | $7,975 | $1,875 | $6,100 |
| 2017 | $261 | $7,975 | $1,875 | $6,100 |
| 2016 | $339 | $7,750 | $0 | $0 |
| 2014 | $339 | $7,750 | $0 | $0 |
Source: Public Records
Map
Source: Realtracs
MLS Number: 3083904
APN: 06-0029-0-0001
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