NOT LISTED FOR SALE

1065 Wellsville Rd Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $167,000 - $201,737

3 Beds
1 Bath
1,000-1,199 Sq Ft
$156/Sq Ft Est. Value

Last Sold May 25, 2022

Last sale price $172,000 $143 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,125/month

4 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Outdoor Storage
  • Traditional Architecture
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of May 2022

Adorable 3-bedroom 1 bath / with 1 car garage in Colonial Acres! Front & Backyard decks to enjoy the outdoor living!! Refrigerator stays with home. Home also has nice hardwood floors, built in bookcase, and a laundry room off the kitchen. Being sold "As Is"

Last Agent to Sell the Property

Jason Wallace

Keller Williams Realty License #322972 Listed on: 04/28/2022

Keller Williams Realty

Co-Listed By

Michelle Reynolds

D R Horton Memphis License #279574

Last Buyer's Agent

Keith Daniel

Crye-Leike, Inc., REALTORS License #345040

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,235

Year Built

  • Built in 1954

Lot Details

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

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,038 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Storm Doors

Kitchen

  • Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • 1 Car Garage
  • Driveway

Outdoor Features

  • Deck
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Gates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 067058 00012

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,235

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: 183
  • Number Of Stories: 1
  • Price Per Sq Ft: 165.7
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1038
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Disposal
  • Living Dining Kitchen: Separate Living Room, LR/DR Combination, Washer/Dryer Connections
  • Other Rooms: Laundry Room
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Storage Building, Deck
  • Exterior Windows: Brick Veneer, Storm Door(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 1
  • Parking Display: G1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Electric Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 54
  • Acreage: 0.2
  • Lot Size: 60X150
  • Price Per Acre: 949500

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 067058 00012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2022
Closed on
May 25, 2022
Sold by
Ann Nichols Mary
Bought by
Pine Grove Residential Funding I Llc
Seller's Agent
Jason Wallace
Keller Williams Realty
Buyer's Agent
Keith Daniel
Crye-Leike, Inc., REALTORS
List Price
$189,900
Sold Price
$172,000
Premium/Discount to List
-$17,900
-9.43%
Current Estimated Value
$187,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,434
Avg. Annual Appreciation
2.50%

Purchase Details

Closed on
May 18, 2006
Sold by
Averett Stephen L and Averett Vanessa
Bought by
Nichols Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,978
Interest Rate
6.41%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 6, 2002
Sold by
Brightman George C and Brightman Melissa A
Bought by
Averett Stephen L

Purchase Details

Closed on
Sep 27, 1996
Sold by
Ferrari Marco S and Ferrari Amy D
Bought by
Brightman George C and Brightman Melissa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,770
Interest Rate
8.5%
Mortgage Type
VA
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
Pine Grove Residential Funding I Llc $172,000 Edco Title & Closing Services
Nichols Mary Ann $98,500 Realty Title
Averett Stephen L $79,500 --
Brightman George C $63,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nicholas Mary Ann $85,500
Previous Owner Nichols Mary Ann $96,978
Previous Owner Brightman George C $67,911
Previous Owner Brightman George C $64,770
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2022 05/25/22 Sold $172,000 -9.4% $172 / Sq Ft
04/28/2022 04/28/22 For Sale $189,900 -- $190 / 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 $1,235 $42,125 $11,250 $30,875
2024 $1,235 $36,425 $7,050 $29,375
2023 $2,219 $36,425 $7,050 $29,375
2022 $2,219 $36,425 $7,050 $29,375
2021 $2,245 $36,425 $7,050 $29,375
2020 $1,790 $24,700 $7,050 $17,650
2019 $789 $24,700 $7,050 $17,650
2018 $789 $24,700 $7,050 $17,650
2017 $808 $24,700 $7,050 $17,650
2016 $985 $22,550 $0 $0
2014 $985 $22,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jason Wallace

    Seller's Agent in 2022

    Jason Wallace

    Keller Williams Realty

    (901) 690-1885

    13 in this area

    376 Total Sales

    Jason Wallace
    Section Image
  • Michelle Reynolds

    Seller Co-Listing Agent in 2022

    Michelle Reynolds

    D R Horton Memphis

    (901) 647-2327

    1 in this area

    51 Total Sales

    Michelle Reynolds
    Section Image
  • Keith Daniel

    Buyer's Agent in 2022

    Keith Daniel

    Crye-Leike

    (901) 461-4739

    3 in this area

    42 Total Sales

    Keith Daniel
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10122675

Memphis Area Association of REALTORS®

APN: 06-7058-0-0012

Tennessee Shelby County Memphis 38117 Colonial Acres

1065 Wellsville Rd, Memphis, TN

This home is located at 1065 Wellsville Rd, Memphis, TN 38117 since 28 April 2022 and is currently estimated at $187,434, approximately $156 per square foot. This property was built in 1954. 1065 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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