Seller's Agent in 2015
Edward Reak
Westin Properties, LLC
(901) 690-7500
19 Total Sales
1050 Melbury Rd Collierville, TN 38017
Estimated Value: $544,000 - $630,000
5
Beds
3.5
Baths
4,000-4,499
Sq Ft
$132/Sq Ft
Est. Value
Highlights
- Updated Kitchen
- Colonial Architecture
- Main Floor Primary Bedroom
- Crosswind Elementary School Rated A
- Wood Flooring
- Whirlpool Bathtub
About This Home
As of March 2015WHAT?... only $299,000 in this neighborhood? Better hurry this BIG Family home won't last long! Homes across the street and in the neighborhood are selling for between $350,000 and $399,000! Sellers are moving and want a FAST SELL! Over 4000 SQFT! Needs Decorating but at this price you have lots of $$ to do it your way! Five Bedrooms PLUS a Bonus Room! Hearth Room! BIG Kitchen with an Island! Hardwood Floors! This one will be gone if you wait!
Last Agent to Sell the Property
Westin Properties, LLC License #226650 Listed on: 10/01/2014
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,807
Year Built
- Built in 1997
Lot Details
- 0.34 Acre Lot
- Wood Fence
- Level Lot
- Few Trees
HOA Fees
- $15 Monthly HOA Fees
Home Design
- Colonial Architecture
- Slab Foundation
- Composition Shingle Roof
Interior Spaces
- 4,000-4,499 Sq Ft Home
- 4,069 Sq Ft Home
- 2-Story Property
- 2 Fireplaces
- Factory Built Fireplace
- Gas Log Fireplace
- Entrance Foyer
- Great Room
- Separate Formal Living Room
- Breakfast Room
- Dining Room
- Den
- Loft
- Bonus Room
- Keeping Room
- Monitored
Kitchen
- Updated Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Double Oven
- Cooktop
- Dishwasher
- Disposal
Flooring
- Wood
- Partially Carpeted
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms | 1 Primary Bedroom on Main
- En-Suite Bathroom
- Walk-In Closet
- Dual Vanity Sinks in Primary Bathroom
- Whirlpool Bathtub
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 2 Car Garage
- Workshop in Garage
- Side Facing Garage
Outdoor Features
- Patio
- Porch
Utilities
- Central Heating and Cooling System
- Heating System Uses Gas
- Gas Water Heater
Community Details
- Wellington Farms 1St Addn Phase 6 Subdivision
- Mandatory home owners association
Listing and Financial Details
- Assessor Parcel Number C0233M H00047
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 1, 2014
Closed on
Mar 19, 2015
Sold by
Paik Meoung Cheul and Paik Syaung
Bought by
Cline Eldon and Cline Stephanie Y
Seller's Agent
Edward Reak
Westin Properties, LLC
Buyer's Agent
Edward Reak
Westin Properties, LLC
List Price
$299,000
Sold Price
$290,000
Premium/Discount to List
-$9,000
-3.01%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$303,013
Avg. Annual Appreciation
7.48%
Original Mortgage
$250,000
Outstanding Balance
$195,139
Interest Rate
3.89%
Mortgage Type
VA
Estimated Equity
$426,831
Purchase Details
Closed on
Jul 11, 2002
Sold by
Paik Mija
Bought by
Paik Meoung Chuel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
6.53%
Mortgage Type
Unknown
Purchase Details
Closed on
Jul 31, 2000
Sold by
Paik Mija
Bought by
Paik Mija and Paik Meoung Cheul
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,900
Interest Rate
9.99%
Purchase Details
Closed on
Jul 25, 2000
Sold by
Associates Relocation Management Co Inc
Bought by
Paik Mija
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,900
Interest Rate
9.99%
Purchase Details
Closed on
May 12, 2000
Sold by
John Shire and John Brenda
Bought by
Associates Relocation Management Company
Purchase Details
Closed on
Dec 11, 1997
Sold by
Prime Plus Properties Inc
Bought by
Shire John and Shire Brenda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.19%
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cline Eldon | $290,000 | Alliance Title & Escrow Llc | |
| Paik Meoung Chuel | -- | -- | |
| Paik Mija | -- | -- | |
| Paik Mija | $279,900 | Title Transfer Services Inc | |
| Associates Relocation Management Company | $285,000 | Title Transfer Services Inc | |
| Shire John | $261,150 | Mid South Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cline Eldon | $250,000 | |
| Previous Owner | Paik Mija | $237,900 | |
| Previous Owner | Shire John | $160,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/06/2015 03/06/15 | Sold | $290,000 | -3.0% | $73 / Sq Ft |
| 02/07/2015 02/07/15 | Pending | -- | -- | -- |
| 10/01/2014 10/01/14 | For Sale | $299,000 | -- | $75 / Sq Ft |
Source: Memphis Area Association of REALTORS®
Tax History Compared to Growth
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 | $3,807 | $148,550 | $30,000 | $118,550 |
| 2024 | $3,807 | $112,300 | $19,550 | $92,750 |
| 2023 | $5,873 | $112,300 | $19,550 | $92,750 |
| 2022 | $5,739 | $112,300 | $19,550 | $92,750 |
| 2021 | $5,806 | $112,300 | $19,550 | $92,750 |
| 2020 | $5,254 | $89,350 | $19,550 | $69,800 |
| 2019 | $3,619 | $89,350 | $19,550 | $69,800 |
| 2018 | $3,619 | $89,350 | $19,550 | $69,800 |
| 2017 | $3,672 | $89,350 | $19,550 | $69,800 |
| 2016 | $3,706 | $84,800 | $0 | $0 |
| 2014 | $3,706 | $84,800 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Edward Reak
Map
Source: Memphis Area Association of REALTORS®
MLS Number: 9937450
APN: C0-233M-H0-0047
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