NOT LISTED FOR SALE

1157 Colonial Rd Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $210,000 - $234,000

3 Beds
1 Bath
1,000-1,199 Sq Ft
$189/Sq Ft Est. Value

Last Sold July 07, 2022

Last sale price $237,000 $198 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,322/month

Highlights

  • Updated Kitchen
  • Deck
  • Wood Flooring
  • Landscaped Professionally
  • Traditional Architecture
  • Separate Formal Living Room

About This Home

As of July 2022

***This charming home in the heart of East Memphis has a lot to offer. As you enter the front door you will see beautiful hardwood floors throughout. This classic has 3 bedrooms and 1 full bath, sunroom with amazing light. Backyard is sodded with large deck patio and inground fire pit. Need exterior work space? The detached two car garage has a large work bench and great storage. Roof 2015, fence 2019, New interior and exterior paint. This home is move in ready! Don't miss out on this Gem!***

Last Agent to Sell the Property

Elizabeth Montesi

Centric Realty LLC License #365531 Listed on: 03/24/2022

Last Buyer's Agent

Anna Grace Green

Keller Williams License #360210

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,392

Year Built

  • Built in 1952

Lot Details

  • Wood Fence
  • Landscaped Professionally
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,000 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Some Wood Windows
  • Window Treatments
  • Aluminum Window Frames
  • Separate Formal Living Room
  • Dining Room
  • Sun or Florida Room
  • Pull Down Stairs to Attic
  • Washer and Dryer Hookup

Kitchen

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

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Home Security

  • Home Security System
  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector
  • Termite Clearance
  • Iron Doors

Parking

  • 2 Car Detached Garage
  • Workshop in Garage
  • Front Facing Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Porch

Utilities

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

Community Details

  • Country Club Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06502300003

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,392

Year Built

Built in 1952

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: 229
  • Number Of Stories: 1
  • Price Per Sq Ft: 237
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1000
  • Termite Contract: Yes
  • Year Built: 1952
  • 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, Sun Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down, Primary Down
  • 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
  • Floors/Ceilings: Part Hardwood, Tile, Vinyl Floor
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Gas Cooking, Disposal, Dishwasher, Microwave, Refrigerator, Cable Wired
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Updated/Renovated Kitchen, Pantry, W/D Connection in Kitchen
  • Misc Interior: All Window Treatments, Pull Down Attic Stairs, Security System, Smoke Detector(s)
  • Other Rooms: Sun Room
  • Total Bathrooms: 1
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Hardwood Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Porch, Deck, Wood Fence, Sidewalks
  • Exterior Windows: Brick Veneer, Wood Window(s), Aluminum Window(s), Storm Window(s), Storm Door(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Detached
  • Number Covered Parking Spaces: 2
  • Parking Display: 2D
  • Parking Storage: Workshop(s), Garage Door Opener(s), Front-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s), 220 Wiring
  • Heating: Central, Gas
  • Security: Smoke Detector(s), Iron Door(s)
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level, Professionally Landscaped, Wood Fenced
  • Lot Size: 0.28

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 06502300003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2022
Closed on
Jul 7, 2022
Sold by
Orton Steele Terrill Michelle
Bought by
Butler Bailey Elizabeth
Seller's Agent
Elizabeth Montesi
Centric Realty LLC
Buyer's Agent
Anna Grace Green
Keller Williams
List Price
$229,000
Sold Price
$237,000
Premium/Discount to List
$8,000
3.49%
Current Estimated Value
$226,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,317
Avg. Annual Appreciation
-1.36%
Original Mortgage
$229,890
Outstanding Balance
$218,714
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$7,969

Purchase Details

Listed on
Apr 13, 2013
Closed on
May 15, 2013
Sold by
Newsom Joshua G
Bought by
Orton Terrill
Seller's Agent
Barbara Bond
Keller Williams Realty
Buyer's Agent
Trey Hogue
Crye-Leike, Inc., REALTORS
List Price
$117,000
Sold Price
$114,500
Premium/Discount to List
-$2,500
-2.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.28%
Original Mortgage
$112,425
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 23, 2009
Sold by
Rawlinson Jared W and Rawlinson Stefanie L
Bought by
Newsom Joshug

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,754
Interest Rate
5.01%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 5, 2007
Sold by
Blaylock Betty A
Bought by
Rawlinson Jared W and Rawlinson Stefanie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,700
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 2, 1997
Sold by
Austin Claude E and Austin Edna B
Bought by
Livin Claude E and Austin Revocable Livin B L
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
Butler Bailey Elizabeth $237,000 Home Surety Title & Escrow
Orton Terrill $114,500 Realty Title & Escrow
Newsom Joshug $124,000 Chicago Title Ins Co
Rawlinson Jared W $122,700 None Available
Livin Claude E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Butler Bailey Elizabeth $229,890
Previous Owner Orton Terrill $112,425
Previous Owner Newsom Joshug $121,754
Previous Owner Rawlinson Jared W $122,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/07/2022 07/07/22 Sold $237,000 +3.5% $237 / Sq Ft
06/09/2022 06/09/22 For Sale $229,000 0.0% $229 / Sq Ft
06/08/2022 06/08/22 Pending -- -- --
06/08/2022 06/08/22 For Sale $229,000 -3.4% $229 / Sq Ft
03/24/2022 03/24/22 Off Market $237,000 -- --
05/15/2013 05/15/13 Sold $114,500 -2.1% $115 / Sq Ft View Prior Sale
05/08/2013 05/08/13 Pending -- -- --
04/13/2013 04/13/13 For Sale $117,000 -- $117 / 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 $1,392 $59,600 $8,600 $51,000
2024 $1,392 $41,075 $5,975 $35,100
2023 $2,502 $41,075 $5,975 $35,100
2022 $2,502 $41,075 $5,975 $35,100
2021 $1,417 $41,075 $5,975 $35,100
2020 $1,748 $24,125 $5,975 $18,150
2019 $771 $24,125 $5,975 $18,150
2018 $771 $24,125 $5,975 $18,150
2017 $789 $24,125 $5,975 $18,150
2016 $1,160 $26,550 $0 $0
2014 $1,160 $26,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2022

    Elizabeth Montesi

    Centric Realty LLC

    (901) 239-0390

    6 in this area

    33 Total Sales

    Elizabeth Montesi
    Section Image
  • Anna Grace Green

    Buyer's Agent in 2022

    Anna Grace Green

    Keller Williams

    (901) 497-0067

    2 in this area

    46 Total Sales

    Anna Grace Green
    Section Image
  • Barbara Bond

    Seller's Agent in 2013

    Barbara Bond

    Keller Williams Realty

    (901) 849-2208

    2 in this area

    67 Total Sales

    Barbara Bond
    Section Image
  • Trey Hogue

    Buyer's Agent in 2013

    Trey Hogue

    Crye-Leike

    (901) 652-3644

    10 Total Sales

    Trey Hogue
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10125762

Memphis Area Association of REALTORS®

APN: 06-5023-0-0003

Tennessee Shelby County Memphis 38117 Colonial Acres

1157 Colonial Rd, Memphis, TN

This home is located at 1157 Colonial Rd, Memphis, TN 38117 since 24 March 2022 and is currently estimated at $226,683, approximately $189 per square foot. This property was built in 1952. 1157 Colonial 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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