NOT LISTED FOR SALE

1059 Wellsville Rd Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $216,000 - $268,000

3 Beds
1 Bath
1,000-1,199 Sq Ft
$197/Sq Ft Est. Value

Last Sold July 22, 2022

Last sale price $229,000 $191 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,437/month

4 Days on Market

Highlights

  • Updated Kitchen
  • Wood Flooring
  • Some Wood Windows
  • Traditional Architecture
  • Den with Fireplace
  • Porch

About This Home

As of July 2022

COMPLETE renovation in 2020! Roof, HVAC, water heater, windows, + more all replaced within the past 3-5 years! Renovated kitchen and bathroom! Huge backyard w/ patio perfect for entertaining! Fireplace in Den is wood burning but could be converted to gas easily. Separate laundry room! Come check out this Colonial Acres charmer!

Last Agent to Sell the Property

Elizabeth Gant

REMAX Experts License #343305 Listed on: 06/17/2022

REMAX Experts

Last Buyer's Agent

Leah Mooney

Keller Williams License #334844

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,759

Year Built

  • Built in 1954

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 60x150
  • Wood Fence
  • Level Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,109 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace Features Masonry
  • Some Wood Windows
  • Den with Fireplace
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Oven or Range
  • Gas Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • All Upper Level Bedrooms
  • Remodeled Bathroom
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Gates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 067058 00011

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,759

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 759B
  • MAAR Subdivision Name: COLONIAL ACRES
  • List Price Per Sq Ft: 206
  • Number Of Stories: 1
  • Price Per Sq Ft: 206.49
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1109
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Up, Primary Down, Renovated Bathroom
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Level 1, Hardwood Floor
  • Bedroom 3 Description: Level 1, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Masonry, In Den/Great Room
  • Floors/Ceilings: Part Hardwood, Tile
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Gas Cooking, Disposal, Dishwasher
  • Living Dining Kitchen: Separate Den, Updated/Renovated Kitchen
  • Misc Interior: Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Level 1, Hardwood Floor

Exterior Features

  • Misc Exterior: Porch, Patio
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central, Gas
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level, Wood Fenced
  • Lot Number: 53
  • Acreage: 0.2
  • Lot Size: 60X150
  • Price Per Acre: 1145000

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 067058 00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2022
Closed on
Jul 21, 2022
Sold by
Amro Shawa Hashim
Bought by
Pomphrett Edmond M and Garneau Aubrey E
Seller's Agent
Elizabeth Gant
REMAX Experts
Buyer's Agent
Leah Mooney
Keller Williams
List Price
$229,000
Sold Price
$229,000
Current Estimated Value
$236,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,629
Avg. Annual Appreciation
1.04%
Original Mortgage
$217,550
Outstanding Balance
$209,228
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$27,180

Purchase Details

Closed on
Apr 23, 2020
Sold by
Frulla Grant Joseph
Bought by
Shawa Hashim Amro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,887
Interest Rate
3.6%
Mortgage Type
VA

Purchase Details

Closed on
Aug 26, 2008
Sold by
Crump Tanya M Algee and Crump Keith P
Bought by
Frulla Grant Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,705
Interest Rate
6.21%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 22, 2002
Sold by
Algee Ray P and Algee Bonnie E
Bought by
Algee Tanya M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,650
Interest Rate
5.75%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 31, 1997
Sold by
Kennedy Mabel B
Bought by
Algee Tanya M and Algee Ray P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,532
Interest Rate
7.69%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Pomphrett Edmond M $229,000 Byrne & Associates Pllc
Shawa Hashim Amro $129,900 Tri State Title Llc
Frulla Grant Joseph $100,000 Chicago Title Ins Co
Algee Tanya M -- --
Algee Tanya M $59,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pomphrett Edmond M $217,550
Previous Owner Shawa Hashim Amro $132,887
Previous Owner Frulla Grant Joseph $99,705
Previous Owner Algee Tanya M $13,650
Previous Owner Algee Tanya M $68,250
Previous Owner Algee Tanya M $60,532
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2022 07/22/22 Sold $229,000 0.0% $229 / Sq Ft
06/17/2022 06/17/22 For Sale $229,000 -- $229 / 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 $1,759 $72,825 $11,250 $61,575
2024 $1,759 $51,875 $7,050 $44,825
2023 $3,160 $51,875 $7,050 $44,825
2022 $2,182 $35,825 $7,050 $28,775
2021 $1,236 $35,825 $7,050 $28,775
2020 $1,862 $25,700 $7,050 $18,650
2019 $821 $25,700 $7,050 $18,650
2018 $821 $25,700 $7,050 $18,650
2017 $841 $25,700 $7,050 $18,650
2016 $1,019 $23,325 $0 $0
2014 $1,019 $23,325 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Elizabeth Gant

    Seller's Agent in 2022

    Elizabeth Gant

    RE/MAX

    (901) 494-3228

    16 in this area

    106 Total Sales

    Elizabeth Gant
    Section Image
  • Leah Mooney

    Buyer's Agent in 2022

    Leah Mooney

    Keller Williams

    (901) 337-0351

    10 in this area

    92 Total Sales

    Leah Mooney
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10126581

Memphis Area Association of REALTORS®

APN: 06-7058-0-0011

Tennessee Shelby County Memphis 38117 Colonial Acres

1059 Wellsville Rd, Memphis, TN

This home is located at 1059 Wellsville Rd, Memphis, TN 38117 since 17 June 2022 and is currently estimated at $236,629, approximately $197 per square foot. This property was built in 1954. 1059 Wellsville Rd is a home located in Shelby County with nearby schools including Sea Isle Elementary School, Colonial Middle, and Overton High.

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