NOT LISTED FOR SALE

1081 Wilbec Rd Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $216,000 - $233,611

3 Beds
1 Bath
1,400-1,599 Sq Ft
$142/Sq Ft Est. Value

Last Sold April 06, 2022

Last sale price $245,000 $153 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $1,314/month

Highlights

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

About This Home

As of April 2022

Check out this classic ranch with modern touches in Colonial Acres! It offers an open concept floor plan that flows beautifully to the spacious backyard that is perfect for entertaining. Recent upgrades include smooth ceilings and hardwoods in main living area, huge picture windows and french doors, an expanded wooden deck with a cover, and a stock tank 'pool' for cooling off in the summer months. *MULTIPLE OFFERS* Deadline to submit is 12p on Mon, Mar 14.

Last Agent to Sell the Property

Kim Harper

Groome & Co. License #346138 Listed on: 03/12/2022

Last Buyer's Agent

Elizabeth Glosson

Fast Track Realty, LLC License #282986

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,402

Year Built

  • Built in 1954

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 70x116
  • Wood Fence
  • Landscaped
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,183 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Popcorn or blown ceiling
  • Ceiling Fan
  • Some Wood Windows
  • Window Treatments
  • Combination Dining and Living Room
  • Den with Fireplace
  • Wood Flooring
  • Laundry closet

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Home Security

  • Fire and Smoke Detector
  • Iron Doors

Parking

  • 1 Car Attached Garage
  • Carport
  • Driveway

Outdoor Features

  • Deck
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Park Manor 1St Addn Rev Subdivision

Listing and Financial Details

  • Assessor Parcel Number 067008 00014

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,402

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional, Ranch
  • Detached Unit Type: General Residential
  • MLS Map #: 759B
  • MAAR Subdivision Name: COLONIAL ACRES
  • List Price Per Sq Ft: 203
  • Number Of Stories: 1
  • Price Per Sq Ft: 207.1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1183
  • Year Built: 1954
  • 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, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Renovated Bathroom, Full Bath Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: In Den/Great Room
  • Floors/Ceilings: Hardwood Throughout, Smooth Ceiling, Textured Ceiling
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher
  • Living Dining Kitchen: LR/DR Combination, Updated/Renovated Kitchen, Breakfast Bar
  • Misc Interior: Excl Some Window Treatmnt, Smoke Detector(s), Vent Hood/Exhaust Fan
  • Other Rooms: Laundry Closet
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Storage Building, Deck
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1A
  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Some Trees, Level, Landscaped, Wood Fenced
  • Lot Number: 44
  • Acreage: 0.23
  • Lot Size: 70X116
  • Price Per Acre: 1043478

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 067008 00014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2019
Closed on
Oct 30, 2019
Sold by
Berg Tara E
Bought by
Lowe Matt Aaron and Brems Ryan
Seller's Agent
Lisa Cox
Groome & Co.
Buyer's Agent
Kim Harper
Groome & Co.
List Price
$165,000
Sold Price
$165,000
Current Estimated Value
$226,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,403
Avg. Annual Appreciation
5.43%
Original Mortgage
$162,011
Outstanding Balance
$142,811
Interest Rate
3.7%
Mortgage Type
FHA
Estimated Equity
$83,592

Purchase Details

Listed on
Aug 10, 2016
Closed on
Sep 29, 2016
Sold by
Searight Matthew W
Bought by
Berg Tara and Berg Dusten
Seller's Agent
Joshua Hisaw
Keller Williams
Buyer's Agent
Lauren Russell-Moore
Coldwell Banker Collins-Maury
List Price
$129,000
Sold Price
$129,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.32%
Original Mortgage
$131,773
Interest Rate
3.43%
Mortgage Type
VA

Purchase Details

Closed on
May 26, 2010
Sold by
Schratz Bruce E
Bought by
Searight Matthew W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,250
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 25, 2005
Sold by
Yates Raymond K
Bought by
Schratz Bruce E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,012
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 18, 2004
Sold by
Yates Teresa S
Bought by
Yates Raymond K

Purchase Details

Closed on
Apr 1, 1995
Bought by
Yates Raymond K
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
Lowe Matt Aaron $165,000 Edco Ttl & Closing Svcs Inc
Berg Tara E -- Edco Ttl & Closing Svcs Inc
Berg Tara $129,000 Edco Title & Closing Svcs In
Searight Matthew W $110,000 Multiple
Schratz Bruce E $85,000 --
Yates Raymond K -- --
Yates Raymond K $48,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lowe Matt Aaron $162,011
Previous Owner Berg Tara $131,773
Previous Owner Searight Matthew W $102,250
Previous Owner Schratz Bruce E $63,012
Closed Schratz Bruce E $21,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/06/2022 04/06/22 Sold $245,000 +2.1% $175 / Sq Ft
03/12/2022 03/12/22 For Sale $240,000 +45.5% $171 / Sq Ft
10/30/2019 10/30/19 Sold $165,000 0.0% $165 / Sq Ft View Prior Sale
10/06/2019 10/06/19 Pending -- -- --
10/04/2019 10/04/19 For Sale $165,000 +27.9% $165 / Sq Ft
09/29/2016 09/29/16 Sold $129,000 0.0% $129 / Sq Ft View Prior Sale
08/12/2016 08/12/16 Pending -- -- --
08/10/2016 08/10/16 For Sale $129,000 -- $129 / 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 $1,402 $61,275 $11,250 $50,025
2024 $1,402 $41,350 $7,050 $34,300
2023 $2,519 $41,350 $7,050 $34,300
2022 $1,402 $41,350 $7,050 $34,300
2021 $2,548 $41,350 $7,050 $34,300
2020 $2,297 $31,700 $7,050 $24,650
2019 $2,297 $31,700 $7,050 $24,650
2018 $2,297 $31,700 $7,050 $24,650
2017 $1,303 $31,700 $7,050 $24,650
2016 $901 $20,625 $0 $0
2014 $901 $20,625 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kim Harper

    Seller's Agent in 2022

    Kim Harper

    Groome & Co.

    (901) 581-4255

    7 in this area

    66 Total Sales

    Kim Harper
    Section Image
  • Elizabeth Glosson

    Buyer's Agent in 2022

    Elizabeth Glosson

    Fast Track Realty, LLC

    (901) 336-8103

    8 in this area

    124 Total Sales

    Elizabeth Glosson
    Section Image
  • Lisa Cox

    Seller's Agent in 2019

    Lisa Cox

    Groome & Co.

    (901) 412-8559

    2 in this area

    162 Total Sales

    Lisa Cox
    Section Image
  • Joshua Hisaw

    Seller's Agent in 2016

    Joshua Hisaw

    Keller Williams

    (901) 459-3423

    9 in this area

    266 Total Sales

    Joshua Hisaw
    Section Image
  • Cat Taylor

    Seller Co-Listing Agent in 2016

    Cat Taylor

    Wealth Realty

    (901) 605-1468

    20 Total Sales

    Cat Taylor
    Section Image

  • L

    Buyer's Agent in 2016

    Lauren Russell-Moore

    Coldwell Banker Collins-Maury

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10119407

Memphis Area Association of REALTORS®

APN: 06-7008-0-0014

Tennessee Shelby County Memphis 38117 Colonial Acres

1081 Wilbec Rd, Memphis, TN

This home is located at 1081 Wilbec Rd, Memphis, TN 38117 since 12 March 2022 and is currently estimated at $226,403, approximately $141 per square foot. This property was built in 1954. 1081 Wilbec Rd is a home located in Shelby County with nearby schools including Sea Isle Elementary School, Colonial Middle, and Overton High.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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