NOT LISTED FOR SALE

1118 Marcia Rd Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $246,000 - $279,000

3 Beds
2 Baths
1,200-1,399 Sq Ft
$188/Sq Ft Est. Value

Last Sold August 13, 2020

Last sale price $215,000 $154 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,552/month

Highlights

  • Updated Kitchen
  • Deck
  • Wood Flooring
  • Landscaped Professionally
  • Traditional Architecture
  • Some Wood Windows

About This Home

As of August 2020

Wonderfully updated home in the sought after Colonial Acres! Updates include:Remodeled bathrooms and kitchen, custom cedar columns and shutters, new back deck, new plumbing fixtures, new electrical fixtures, new stainless steel appliances, refinished hardwood, new kitchen cabinets, new granite kitchen countertops, new fence gate, and professionally landscaped!. Dont miss this opportunity.

Last Agent to Sell the Property

Matt Holt

Premier Realty Group, LLC License #310529 Listed on: 07/09/2020

Co-Listed By

Caleb Parr

Renshaw Company, REALTORS License #340494

Last Buyer's Agent

Alan Crenshaw

Ware Jones, REALTORS License #273859

Ware Jones, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,833

Year Built

  • Built in 1951

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 70x150
  • Landscaped Professionally

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,269 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Some Wood Windows
  • Window Treatments
  • Combination Dining and Living Room
  • Iron Doors
  • Washer and Dryer Hookup

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Remodeled Bathroom
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Carport
  • Driveway

Outdoor Features

  • Deck

Utilities

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

Community Details

  • Colonial Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 065014 00024

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,833

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Dee
  • MLS Map #: 759B
  • MAAR Subdivision Name: COLONIAL ACRES
  • List Price Per Sq Ft: 165
  • Number Of Stories: 1
  • Price Per Sq Ft: 169.42
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1269
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Primary Bedroom, 2nd Bedroom, 3rd Bedroom
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Split Bedroom Plan, Renovated Bathroom, Full Bath Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Hardwood Floor, Level 1, Smooth Ceiling
  • Bedroom 3 Description: Hardwood Floor, Level 1, Smooth Ceiling
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Hardwood Throughout, Tile, Smooth Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Gas Cooking, Disposal, Dishwasher, Microwave, Refrigerator, Cable Available
  • Living Dining Kitchen: LR/DR Combination, Updated/Renovated Kitchen, W/D Connection in Kitchen
  • Misc Interior: All Window Treatments
  • Total Bathrooms: 2
  • Primary Bathroom Description: Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Full Bath, Hardwood Floor, Level 1, Smooth Ceiling

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Deck
  • Exterior Windows: Brick Veneer, Wood Window(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1
  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Professionally Landscaped
  • Lot Number: 89
  • Acreage: 0.24
  • Lot Size: 70X150
  • Price Per Acre: 874583

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 065014 00024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2020
Closed on
Aug 11, 2020
Sold by
Browne Michael D
Bought by
Richard Jennifer Len and Richard Morgan Eric
Seller's Agent
Matt Holt
Premier Realty Group, LLC
Buyer's Agent
Alan Crenshaw
Ware Jones, REALTORS
List Price
$209,900
Sold Price
$215,000
Premium/Discount to List
$5,100
2.43%
Current Estimated Value
$262,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,770
Avg. Annual Appreciation
3.97%
Original Mortgage
$161,250
Outstanding Balance
$143,040
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$119,730

Purchase Details

Closed on
Jun 24, 2003
Sold by
Crockett Matthew A and Crockett Kimberly Nielson
Bought by
Browne Michael D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,365
Interest Rate
5.43%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Richard Jennifer Len $215,000 None Available
Browne Michael D $107,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richard Jennifer Len $161,250
Previous Owner Browne Michael D $101,365
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2020 08/13/20 Sold $215,000 +2.4% $179 / Sq Ft
07/13/2020 07/13/20 Pending -- -- --
07/09/2020 07/09/20 For Sale $209,900 -- $175 / 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 $1,833 $70,000 $11,250 $58,750
2024 $1,833 $54,075 $9,050 $45,025
2023 $3,294 $54,075 $9,050 $45,025
2022 $3,294 $54,075 $9,050 $45,025
2021 $1,866 $54,075 $9,050 $45,025
2020 $2,321 $32,025 $9,050 $22,975
2019 $1,024 $32,025 $9,050 $22,975
2018 $1,024 $32,025 $9,050 $22,975
2017 $1,048 $32,025 $9,050 $22,975
2016 $1,345 $30,775 $0 $0
2014 $1,345 $30,775 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Matt Holt

    Seller's Agent in 2020

    Matt Holt

    Premier Realty Group, LLC

    (901) 820-4367

    1 in this area

    27 Total Sales

    Matt Holt
    Section Image
  • Caleb Parr

    Seller Co-Listing Agent in 2020

    Caleb Parr

    Renshaw Company, REALTORS

    (901) 484-0478

    4 in this area

    400 Total Sales

    Caleb Parr
    Section Image
  • Alan Crenshaw

    Buyer's Agent in 2020

    Alan Crenshaw

    Ware Jones, REALTORS

    (901) 413-0990

    6 in this area

    109 Total Sales

    Alan Crenshaw
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10080284

Memphis Area Association of REALTORS®

APN: 06-5014-0-0024

Tennessee Shelby County Memphis 38117 Colonial Acres

1118 Marcia Rd, Memphis, TN

This home is located at 1118 Marcia Rd, Memphis, TN 38117 since 09 July 2020 and is currently estimated at $262,770, approximately $187 per square foot. This property was built in 1951. 1118 Marcia 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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