NOT LISTED FOR SALE

1216 Timothy Dr Memphis, TN 38116

Whitehaven Neighborhood

Estimated Value: $170,000 - $210,510

4 Beds
2 Baths
1,800-1,999 Sq Ft
$93/Sq Ft Est. Value

Last Sold January 30, 2024

Last sale price $185,000 $93 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,100/month

103 Days on Market

Highlights

  • Updated Kitchen
  • Traditional Architecture
  • Den
  • 0.86 Acre Lot
  • Separate Formal Living Room
  • Brick Veneer

About This Home

As of January 2024

Welcome to your dream home, just a stone's throw away from the iconic Graceland! This fully renovated, spacious 4-bedroom beauty with an in-law suite is back on the market and ready for a lucky buyer like you to call it home. Fully Renovated: Every inch of this home has been thoughtfully upgraded, ensuring modern comfort and style. Spacious Living: With 4 bedrooms, there's ample room for your family to spread out and enjoy. In-Law Suite: Whether for family or guest.

Last Agent to Sell the Property

Joe King

Marathon REALTORS, LLC License #291170 Listed on: 08/11/2023

Last Buyer's Agent

Connie Davis

Lawrence Johnson, REALTORS License #285941

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956

Lot Details

  • 0.86 Acre Lot
  • Lot Dimensions are 194x194
  • Level Lot

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,883 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Dining Room
  • Den

Kitchen

  • Updated Kitchen
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • 2 Car Garage
  • Front Facing Garage

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • Graceland Subdivision

Listing and Financial Details

  • Assessor Parcel Number 078072 00036

Home Details

Home Type

Single Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: GRACELAND
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1883
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 4th of More Bedrooms, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedroom 4 Description: Level 1
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Floors/Ceilings: Wood Laminate Floors, Tile
  • Full Bathrooms: 2
  • Equipment: Dishwasher
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Updated/Renovated Kitchen, Washer/Dryer Connections
  • Other Rooms: Laundry Room
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2
  • Parking Storage: Front-Load Garage

Utilities

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

Lot Info

  • Lot Description: Level
  • Lot Number: 200
  • Acreage: 0.86
  • Lot Size: 194X194

Tax Info

  • Assessor Parcel Number: 078072 00036

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2023
Closed on
Jan 30, 2024
Sold by
Marvins Garden Llc
Bought by
Sy Baila and Sy Ibrahima
Seller's Agent
Joe King
Marathon REALTORS, LLC
Buyer's Agent
Connie Davis
Lawrence Johnson, REALTORS
List Price
$219,900
Sold Price
$185,000
Premium/Discount to List
-$34,900
-15.87%
Views
204
Current Estimated Value
$196,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,788
Avg. Annual Appreciation
0.38%
Original Mortgage
$6,000
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 13, 2023
Closed on
May 16, 2023
Sold by
Crestcore Iv Llc
Bought by
Marvins Garden Llc
Seller's Agent
James Anson Underwood
Crye-Leike, Inc., REALTORS
Buyer's Agent
James Anson Underwood
Crye-Leike, Inc., REALTORS
List Price
$150,000
Sold Price
$110,500
Premium/Discount to List
-$39,500
-26.33%
Views
185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
106.64%

Purchase Details

Closed on
Aug 3, 2012
Sold by
First Capital Bank
Bought by
Your Home Llc

Purchase Details

Closed on
Oct 1, 2010
Sold by
C V Butler Construction Llc
Bought by
First Capital Bank

Purchase Details

Closed on
Apr 27, 2007
Sold by
Deutsche Bank National Trust Co
Bought by
C V Butler Construction Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.16%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 4, 2007
Sold by
Todd Michael and Todd Ida Marie
Bought by
Deutsche Bank National Trust Co and Long Beach Mortgage Loan Trust 2005-Wl2

Purchase Details

Closed on
Apr 22, 2005
Sold by
James John H and James Gwendolyn
Bought by
Todd Michael and Todd Ida Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
8.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sy Baila $185,000 Saddle Creek Title
Marvins Garden Llc $110,500 Saddle Creek Title
Your Home Llc $360,000 None Available
First Capital Bank $42,000 None Available
C V Butler Construction Llc $57,000 Resource Title Agency Of Tn
Deutsche Bank National Trust Co $103,803 None Available
Todd Michael $106,701 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Sy Baila $6,000
Open Sy Baila $181,649
Previous Owner C V Butler Construction Llc $72,000
Previous Owner Todd Michael $94,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/30/2024 01/30/24 Sold $185,000 -7.5% $103 / Sq Ft
11/22/2023 11/22/23 Pending -- -- --
11/07/2023 11/07/23 Price Changed $199,900 -4.8% $111 / Sq Ft
10/18/2023 10/18/23 Price Changed $209,900 -4.5% $117 / Sq Ft
10/02/2023 10/02/23 For Sale $219,900 0.0% $122 / Sq Ft
08/16/2023 08/16/23 Pending -- -- --
08/11/2023 08/11/23 For Sale $219,900 +99.0% $122 / Sq Ft
05/16/2023 05/16/23 Sold $110,500 -15.0% $61 / Sq Ft View Prior Sale
04/04/2023 04/04/23 Pending -- -- --
03/27/2023 03/27/23 Price Changed $130,000 -7.1% $72 / Sq Ft
02/28/2023 02/28/23 Price Changed $140,000 -6.7% $78 / Sq Ft
02/13/2023 02/13/23 For Sale $150,000 -- $83 / 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 $970 $52,725 $6,875 $45,850
2024 $970 $28,625 $5,275 $23,350
2023 $1,744 $28,625 $5,275 $23,350
2022 $1,744 $28,625 $5,275 $23,350
2021 $988 $28,625 $5,275 $23,350
2020 $1,674 $23,100 $5,275 $17,825
2019 $738 $23,100 $5,275 $17,825
2018 $738 $23,100 $5,275 $17,825
2017 $756 $23,100 $5,275 $17,825
2016 $894 $20,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Joe King

    Marathon REALTORS, LLC

    (901) 260-3141

    10 in this area

    87 Total Sales

    Joe King
    Section Image
  • Connie Davis

    Buyer's Agent in 2024

    Connie Davis

    Lawrence Johnson, REALTORS

    (901) 690-0671

    27 in this area

    56 Total Sales

    Connie Davis
    Section Image
  • James Anson Underwood

    Seller's Agent in 2023

    James Anson Underwood

    Crye-Leike

    (901) 338-0658

    13 in this area

    201 Total Sales

    James Anson Underwood
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10154212

Memphis Area Association of REALTORS®

APN: 07-8072-0-0036

Tennessee Shelby County Memphis 38116 Whitehaven

1216 Timothy Dr, Memphis, TN

Not Listed for Sale

Detached

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