NOT LISTED FOR SALE

1051 Perkins Terrace Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $267,000 - $288,000

3 Beds
2 Baths
1,600-1,799 Sq Ft
$155/Sq Ft Est. Value

Last Sold September 25, 2017

Last sale price $160,000 $89 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $1,699/month

75 Days on Market

Highlights

  • 0.58 Acre Lot
  • Wood Flooring
  • Separate Formal Living Room
  • Traditional Architecture
  • Attic
  • Screened Porch

About This Home

As of September 2017

Contract failed, so this lovely gem now active again. Here is a charming 3 BR/2 BA home that is ready for you today! Many updates, as well as fine attention to the original features. The hardwood floors are really nice. Two "pluses" that are not often found in this area/price range...large den across back of home w/wood burning fireplace and a wonderful screened porch for relaxation at any time of the day. Roof is 10 years old; HVAC replaced 5 years ago; gas water heater replaced 4 years ago.

Last Agent to Sell the Property

Molly Plunk

Crye-Leike, Inc., REALTORS License #261523 Listed on: 06/20/2017

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Mig Williams

eXp Realty, LLC License #314069

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,118

Year Built

  • Built in 1952

Lot Details

  • 0.58 Acre Lot
  • Chain Link Fence
  • Landscaped
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,664 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Popcorn or blown ceiling
  • Ceiling Fan
  • Fireplace Features Masonry
  • Some Wood Windows
  • Double Pane Windows
  • Window Treatments
  • Separate Formal Living Room
  • Dining Room
  • Den with Fireplace
  • Screened Porch
  • Storage Room
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Home Security

  • Burglar Security System
  • Fire and Smoke Detector
  • Termite Clearance
  • Iron Doors

Parking

  • 1 Car Attached Garage
  • Carport
  • Driveway

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Colonial Acres 2Nd Addn B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 065006 00017

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,118

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Dee
  • MLS Map #: 759A
  • MAAR Subdivision Name: COLONIAL ACRES
  • List Price Per Sq Ft: 102
  • Number Of Stories: 1
  • Price Per Sq Ft: 96.15
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1664
  • Termite Contract: Yes
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room
  • Second Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Masonry, In Den/Great Room
  • Floors/Ceilings: Part Hardwood, Tile, Vinyl Floor, Smooth Ceiling, Textured Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Continuous Cleaning Oven, Disposal, Dishwasher, Refrigerator, Cable Wired
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Eat-In Kitchen, Pantry
  • Misc Interior: All Window Treatments, Pull Down Attic Stairs, Cat/Dog Free House, Security System, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Attic, Storage Room
  • Total Bathrooms: 2
  • Primary Bathroom Description: Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Full Bath, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Screen Porch, Patio
  • Exterior Windows: Brick Veneer, Wood/Composition, Double Pane Window(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1A
  • Parking Storage: Driveway/Pad, Storage Room(s)

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central, Gas
  • Security: Burglar Alarm, Smoke Detector(s), Iron Door(s), Dead Bolt Lock(s)
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level, Landscaped, Chain Fenced
  • Lot Number: 234
  • Acreage: 0.58
  • Lot Size: .58 acre
  • Price Per Acre: 292931

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 065006 00017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2017
Closed on
Sep 25, 2017
Sold by
Sullivan William E and Sullivan Neva C
Bought by
Mcpherson Delia Marie
Seller's Agent
Molly Plunk
Crye-Leike, Inc., REALTORS
Buyer's Agent
Mig Williams
eXp Realty, LLC
List Price
$169,900
Sold Price
$160,000
Premium/Discount to List
-$9,900
-5.83%
Current Estimated Value
$279,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,245
Avg. Annual Appreciation
7.30%
Original Mortgage
$75,000
Outstanding Balance
$63,210
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$216,610

Purchase Details

Closed on
Apr 26, 2005
Sold by
Sullivan William E
Bought by
Sullivan William E and Sullivan Neva C
Source: Public Records

Range of Values:

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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
Mcpherson Delia Marie $150,000 Executive Title
Sullivan William E -- Realty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcpherson Delia B $30,000
Open Mcpherson Delia Marie $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2017 09/25/17 Sold $160,000 -5.8% $100 / Sq Ft
09/03/2017 09/03/17 Pending -- -- --
06/20/2017 06/20/17 For Sale $169,900 -- $106 / 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 $2,118 $79,000 $11,250 $67,750
2024 $1,962 $57,875 $9,250 $48,625
2023 $3,526 $57,875 $9,250 $48,625
2022 $3,526 $57,875 $9,250 $48,625
2021 $3,567 $57,875 $9,250 $48,625
2020 $2,833 $39,100 $9,250 $29,850
2019 $2,833 $39,100 $9,250 $29,850
2018 $2,833 $39,100 $9,250 $29,850
2017 $1,607 $39,100 $9,250 $29,850
2016 $1,416 $32,400 $0 $0
2014 $1,416 $32,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Molly Plunk

    Crye-Leike

    (901) 754-0800

    50 Total Sales

    Molly Plunk
    Section Image

  • M

    Buyer's Agent in 2017

    Mig Williams

    eXp Realty, LLC

    (901) 239-3149

    10 in this area

    46 Total Sales

    Mig Williams
    Section Image

  • A

    Buyer Co-Listing Agent in 2017

    Adam Williams

    eXp Realty, LLC

    (901) 238-4389

    2 Total Sales

    Adam Williams
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10005133

Memphis Area Association of REALTORS®

APN: 06-5006-0-0017

Tennessee Shelby County Memphis 38117 Colonial Acres

1051 Perkins Terrace, Memphis, TN

This home is located at 1051 Perkins Terrace, Memphis, TN 38117 since 20 June 2017 and is currently estimated at $279,245, approximately $155 per square foot. This property was built in 1952. 1051 Perkins Terrace is a home located in Shelby County with nearby schools including Sherwood Elementary School, Colonial Middle, and Overton High.

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