NOT LISTED FOR SALE

1055 Colonial Rd Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $226,000 - $276,000

3 Beds
2 Baths
1,200-1,399 Sq Ft
$174/Sq Ft Est. Value

Last Sold July 06, 2020

Last sale price $151,000 $108 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,422/month

1 Day on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Porch
  • Wood Flooring
  • Some Wood Windows
  • Eat-In Kitchen

About This Home

As of July 2020

With a little renovation, this 3 BR, 2 BA home could be a real beauty. Interior features include a large eat-in kitchen w/pantry, gas range, and plenty of cabinets and counter space; formal dining area; large living room; a sep laundry closet with cabinets. Other extras include original hardwoods under carpet, a tankless hot water heaternew a/c installed in 2019 and the roof is about 10 years old. Outside you will find a fenced dog run, an 18x12 shop with roll up door and plenty of parking space

Last Agent to Sell the Property

Terry Thomas

Burch Realty Group License #269291 Listed on: 06/20/2020

Co-Listed By

Matt Holder

Burch Realty Group License #325542

Last Buyer's Agent

Kathy Canizaro

Keller Williams License #328420

Keller Williams

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 12,197 Sq Ft Lot
  • Lot Dimensions are 70x175
  • Dog Run
  • Chain Link Fence
  • Landscaped
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Pier And Beam

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,273 Sq Ft Home
  • 1-Story Property
  • Built-in Bookshelves
  • Ceiling Fan
  • Some Wood Windows
  • Casement Windows
  • Separate Formal Living Room
  • Dining Room
  • Laundry closet

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Home Security

  • Monitored
  • Termite Clearance
  • Iron Doors

Parking

  • Workshop in Garage
  • Driveway

Outdoor Features

  • Patio
  • Outdoor Storage
  • Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Trezevant S Jr Addn To Colonial Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 065014 00010

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0.28 Acres

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Park Ave
  • MAAR Subdivision Name: COLONIAL ACRES
  • List Price Per Sq Ft: 110
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1273
  • Termite Contract: Yes
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Carpet, Hardwood Floor, Level 1
  • Bedroom 3 Description: Carpet, Hardwood Floor, Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Hardwood Throughout, Wall to Wall Carpet
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Gas Cooking, Disposal, Dishwasher, Microwave
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Eat-In Kitchen, Pantry
  • Misc Interior: Security System, Monitored Alarm
  • Other Rooms: Laundry Closet
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Built-In Cabinets/Bkcases, Carpet, Full Bath, Hardwood Floor, Level 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Dog Run, Storage Building, Porch, Patio, Pet Area
  • Exterior Windows: Brick Veneer, Wood/Composition, Casement Window(s)
  • Foundation: Conventional

Garage/Parking

  • Parking Storage: Driveway/Pad, Workshop(s)

Utilities

  • Cooling: Ceiling Fan(s), Central
  • Heating: Central, Gas
  • Security: Monitored Alarm System
  • Water Sewer: Public Sewer, Public Water

Lot Info

  • Lot Description: Some Trees, Level, Landscaped, Chain Fenced
  • Lot Number: 9
  • Acreage: 0.28
  • Lot Size: 70X175

Tax Info

  • Assessor Parcel Number: 065014 00010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2022
Sold by
Gerard Finney
Bought by
Pipes Sally Minor Cook
Current Estimated Value
$243,080

Purchase Details

Listed on
Jun 20, 2020
Closed on
Jun 26, 2020
Sold by
Owen Teresa S
Bought by
Finney Gerard
Seller's Agent
Terry Thomas
Burch Realty Group
Buyer's Agent
Kathy Canizaro
Keller Williams
List Price
$139,900
Sold Price
$151,000
Premium/Discount to List
$11,100
7.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.66%

Purchase Details

Closed on
Sep 30, 1999
Sold by
Tase Donald D And Sharon L Tase Trs
Bought by
Owen Teresa S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,800
Interest Rate
7.79%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pipes Sally Minor Cook $260,000 Coventry Escrow & Title
Finney Gerard $151,000 Guardian Title Llc
Owen Teresa S $78,500 --
Owen Teresa S $78,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Owen Teresa S $62,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2020 07/06/20 Sold $151,000 +7.9% $126 / Sq Ft
06/21/2020 06/21/20 Pending -- -- --
06/20/2020 06/20/20 For Sale $139,900 -- $117 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $1,478 $61,525 $10,125 $51,400
2024 $1,478 $43,600 $8,150 $35,450
2023 $2,656 $43,600 $8,150 $35,450
2022 $2,656 $43,600 $8,150 $35,450
2021 $2,687 $43,600 $8,150 $35,450
2020 $2,161 $29,825 $8,150 $21,675
2019 $953 $29,825 $8,150 $21,675
2018 $953 $29,825 $8,150 $21,675
2017 $976 $29,825 $8,150 $21,675
2016 $1,306 $29,875 $0 $0
2014 $1,306 $29,875 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    Terry Thomas

    Burch Realty Group

    Section Image

  • M

    Seller Co-Listing Agent in 2020

    Matt Holder

    Burch Realty Group

    (662) 312-8499

    155 Total Sales

    Matt Holder
    Section Image

  • K

    Buyer's Agent in 2020

    Kathy Canizaro

    Keller Williams

    (901) 258-9623

    170 Total Sales

    Kathy Canizaro
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10079025

Memphis Area Association of REALTORS®

APN: 06-5014-0-0010

Tennessee Shelby County Memphis 38117 Colonial Acres

1055 Colonial Rd, Memphis, TN

Not Listed for Sale

Detached

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