NOT LISTED FOR SALE

1033 Colgate Rd Memphis, TN 38106

South Memphis Neighborhood

Estimated Value: $93,000 - $125,000

3 Beds
1 Bath
1,200-1,399 Sq Ft
$81/Sq Ft Est. Value

Last Sold October 13, 2016

Last sale price $27,000 $19 Per Sq Ft

Est. 322% increase in value since last sale

Current estimated payment $676/month

9 Days on Market

Highlights

  • 0.5 Acre Lot
  • Traditional Architecture
  • Some Wood Windows
  • Wooded Lot
  • Wood Flooring
  • Central Heating

About This Home

As of October 2016

This home is located at 1033 Colgate Rd, Memphis, TN 38106 since 24 August 2016 and is currently estimated at $113,846, approximately $94 per square foot. This property was built in 1955. 1033 Colgate Rd is a home located in Shelby County with nearby schools including Riverview Middle School, A. B. Hill Elementary School, and Hamilton High School.

Last Agent to Sell the Property

Carole Carter

Adaro Realty, Inc. License #50647 Listed on: 08/24/2016

Adaro Realty, Inc.

Last Buyer's Agent

James Harvey Jr

Keller Williams License #337304

Keller Williams

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 0.5 Acre Lot
  • Wooded Lot
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,362 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Combination Dining and Living Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Window Unit Cooling System
  • Central Heating
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Prospect Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 060029 00002

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 747F
  • MAAR Subdivision Name: PROSPECT PARK
  • List Price Per Sq Ft: 26
  • Number Of Stories: 1
  • Price Per Sq Ft: 19.82
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1362
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 1
  • Living Dining Kitchen: LR/DR Combination
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Wooded Grounds
  • Exterior Windows: Wood/Composition

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Window Unit(s)
  • Heating: Central, Gas
  • Water Sewer: Gas Water Heater

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 48
  • Acreage: 0.5
  • Lot Size: .50 acres
  • Price Per Acre: 70000

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 060029 00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2019
Sold by
Fidelity Re Investment Group Corp
Bought by
Hg Holdings Llc
Current Estimated Value
$113,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Outstanding Balance
$20,122
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$103,198

Purchase Details

Listed on
Aug 24, 2016
Closed on
Oct 13, 2016
Sold by
Sinclair Patti J and Armstrong Georgia Corrine
Bought by
Fidelity Real Estate Investment Group In
Seller's Agent
Carole Carter
Adaro Realty, Inc.
Buyer's Agent
James Harvey Jr
Keller Williams
List Price
$35,000
Sold Price
$27,000
Premium/Discount to List
-$8,000
-22.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.66%

Purchase Details

Closed on
Jul 6, 2011
Sold by
Reese Robert J and Armstrong Georgia Corrine
Bought by
Sinclair Patti J and Armstrong Georgia Corrine

Purchase Details

Closed on
Nov 16, 2010
Sold by
Dunavant Robert D and Armstrong Georgia Corrine
Bought by
Reese Robert J and Armstrong Georgia Corrine
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
Hg Holdings Llc $37,500 None Available
Fidelity Real Estate Investment Group In $27,000 Regency Title & Escrow Llc
Sinclair Patti J -- None Available
Reese Robert J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hg Holdings Llc $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2016 10/13/16 Sold $27,000 -22.9% $23 / Sq Ft
09/02/2016 09/02/16 Pending -- -- --
08/24/2016 08/24/16 For Sale $35,000 -- $29 / 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 -- $17,075 $2,000 $15,075
2024 -- $11,150 $1,750 $9,400
2023 $679 $11,150 $1,750 $9,400
2022 $679 $11,150 $1,750 $9,400
2021 $687 $11,150 $1,750 $9,400
2020 $777 $10,725 $1,750 $8,975
2019 $343 $10,725 $1,750 $8,975
2018 $343 $10,725 $1,750 $8,975
2017 $351 $10,725 $1,750 $8,975
2016 $476 $10,900 $0 $0
2014 $476 $10,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    Carole Carter

    Adaro Realty, Inc.

    (901) 826-9465

    2 Total Sales

    Carole Carter
    Section Image
  • James Harvey Jr

    Buyer's Agent in 2016

    James Harvey Jr

    Keller Williams

    (901) 229-0566

    7 in this area

    236 Total Sales

    James Harvey Jr
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9985303

Memphis Area Association of REALTORS®

APN: 06-0029-0-0002

Tennessee Shelby County Memphis 38106 South Memphis

1033 Colgate Rd, Memphis, TN

This home is located at 1033 Colgate Rd, Memphis, TN 38106 since 24 August 2016 and is currently estimated at $113,846, approximately $81 per square foot. This property was built in 1955. 1033 Colgate Rd is a home located in Shelby County with nearby schools including Riverview Middle School, A. B. Hill Elementary School, and Hamilton High School.

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