NOT LISTED FOR SALE

1171 Colonial Rd Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $166,000 - $214,000

3 Beds
1 Bath
1,209 Sq Ft
$158/Sq Ft Est. Value

Last Sold February 16, 2016

Last sale price $110,000 $91 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $1,130/month

About This Home

As of September 2016

listing entry only, contact homeowner, regarding commission, rental terms and all other matters related to this listing please.

Last Agent to Rent the Property

Max Hamidi

Sperry CGA, The Magellan Group License #269182 Listed on: 08/27/2016

Last Renter's Agent

Max Hamidi

Sperry CGA, The Magellan Group License #269182 Listed on: 08/27/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,387

Year Built

  • Built in 1952

Lot Details

  • 0.28 Acre Lot

Parking

  • 2 Parking Spaces

Interior Spaces

  • 1,209 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Oven or Range
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Community Details

  • Country Club Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 065023 00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,387

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: Rental Properties
  • Type: Rental
  • Style Code Use: General Residential
  • MLS Map #: 759B
  • MAAR Subdivision Name: COLONIAL ACRES
  • Freestanding: Yes
  • List Price Per Sq Ft: 1
  • Number Of Stories: 1
  • Price Per Sq Ft: 0.79
  • Estimated Sq Ft: 1209
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1
  • Equipment: Range/Oven
  • Misc Interior: All Window Treatments
  • Other Rooms: Laundry Room
  • Total Bathrooms: 1

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2

Lot Info

  • Lot Number: 4
  • Acreage: 0.28
  • Lot Size: .28
  • Price Per Acre: 3393

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 065023 00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2016
Closed on
Aug 23, 2016
Sold by
Nelson Sherri M
Bought by
Yazdi Fatemeh B
Seller's Agent
Max Hamidi
Sperry CGA, The Magellan Group
Buyer's Agent
Max Hamidi
Sperry CGA, The Magellan Group
Sold Price
$950
Current Estimated Value
$190,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,574

Purchase Details

Listed on
Jan 2, 2016
Closed on
Feb 16, 2016
Sold by
Parks Andrew V and Parks Lauren
Bought by
Nelson Sherri M
Seller's Agent
Laurie McBride Connors
Ware Jones, REALTORS
Buyer's Agent
Chad Farr
Crye-Leike, Inc., REALTORS
List Price
$115,000
Sold Price
$110,000
Premium/Discount to List
-$5,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.86%
Original Mortgage
$70,000
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 7, 2011
Closed on
Apr 10, 2012
Sold by
Lee Virginia
Bought by
Parks Andrew and Catlett Lauren T
Seller's Agent
Carolina Capote
Hobson, REALTORS
Buyer's Agent
Linda Allad
Fast Track Realty, LLC
List Price
$107,500
Sold Price
$95,000
Premium/Discount to List
-$12,500
-11.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.88%
Original Mortgage
$92,591
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 29, 2002
Sold by
Mccommon Alva Jean
Bought by
Lee Virginia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,500
Interest Rate
5.93%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Yazdi Fatemeh B $105,000 Chicago Title
Nelson Sherri M $110,000 Baymark Title & Escrow Llc
Parks Andrew $95,000 Baymark Title
Lee Virginia $85,000 Southern Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nelson Sherri M $70,000
Previous Owner Parks Andrew $92,591
Previous Owner Lee Virginia $90,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/15/2016 09/15/16 Rented $950 -13.6% --
09/14/2016 09/14/16 Under Contract -- -- --
08/27/2016 08/27/16 For Rent $1,100 0.0% --
02/16/2016 02/16/16 Sold $110,000 -4.3% $110 / Sq Ft View Prior Sale
02/06/2016 02/06/16 Pending -- -- --
01/02/2016 01/02/16 For Sale $115,000 +21.1% $115 / Sq Ft
04/10/2012 04/10/12 Sold $95,000 -11.6% $79 / Sq Ft View Prior Sale
03/01/2012 03/01/12 Pending -- -- --
08/07/2011 08/07/11 For Sale $107,500 -- $90 / 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 $1,387 $43,850 $8,600 $35,250
2024 $1,387 $40,900 $5,975 $34,925
2023 $2,491 $40,900 $5,975 $34,925
2022 $2,491 $40,900 $5,975 $34,925
2021 $2,521 $40,900 $5,975 $34,925
2020 $1,743 $24,050 $5,975 $18,075
2019 $1,743 $24,050 $5,975 $18,075
2018 $1,743 $24,050 $5,975 $18,075
2017 $988 $24,050 $5,975 $18,075
2016 $1,077 $24,650 $0 $0
2014 $1,077 $24,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Laurie McBride Connors

    Seller's Agent in 2016

    Laurie McBride Connors

    Ware Jones, REALTORS

    (901) 355-4020

    21 in this area

    149 Total Sales

    Laurie McBride Connors
    Section Image
  • Max Hamidi

    Landlord's Agent in 2016

    Max Hamidi

    Sperry CGA, The Magellan Group

    (866) 724-2629

    1 in this area

    9 Total Sales

    Max Hamidi
    Section Image

  • C

    Buyer's Agent in 2016

    Chad Farr

    Crye-Leike, Inc., REALTORS

  • Carolina Capote

    Seller's Agent in 2012

    Carolina Capote

    Hobson, REALTORS

    (901) 921-9921

    5 in this area

    39 Total Sales

    Carolina Capote
    Section Image
  • Linda Allad

    Buyer's Agent in 2012

    Linda Allad

    Fast Track Realty, LLC

    (901) 240-0757

    24 Total Sales

    Linda Allad
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9985156

Memphis Area Association of REALTORS®

APN: 06-5023-0-0005

Tennessee Shelby County Memphis 38117 Colonial Acres

1171 Colonial Rd, Memphis, TN

This home is located at 1171 Colonial Rd, Memphis, TN 38117 since 27 August 2016 and is currently priced at $190,524. This property was built in 1952. 1171 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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