NOT LISTED FOR SALE

1223 Dearing Rd Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $234,000 - $252,000

3 Beds
1 Bath
1,400-1,599 Sq Ft
$154/Sq Ft Est. Value

Sale Details

Date Sold: October 23, 2023

Last sale price $262,000 $164 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $1,494 / mo

67 Days on Market

Highlights

  • Updated Kitchen
  • Wood Flooring
  • Separate Formal Living Room
  • Deck
  • Attic
  • Mud Room

About This Home

As of October 2023

Do you want a new house for Christmas?? We have the Dream Home ready for you - on one of the cutest streets in Colonial Acres (not far from Sea Isle Dog Park). You'll feel like you're stepping back in time when you see this one! Hardwood beneath the carpet in the Living Areas, New Roof, Large Den added off the back, Nice space off kitchen can be B'fast room or Mudroom. Nice covered deck in the back along with a separate Storage/Workshop and yet plenty of space in the Fenced Back yard.

Last Agent to Sell the Property

Jason Wallace

Keller Williams Realty License #322972 Listed on: 07/18/2023

Keller Williams Realty

Co-Listed By

Laura Wallace

Keller Williams Realty License #295729

Last Buyer's Agent

Amy Murrah

BHHS McLemore & Co. Realty License #346171

BHHS McLemore & Co. Realty

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 69x133
  • Wood Fence
  • Landscaped
  • Level Lot

Home Design

  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,528 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Popcorn or blown ceiling
  • Window Treatments
  • Aluminum Window Frames
  • Mud Room
  • Entrance Foyer
  • Separate Formal Living Room
  • Breakfast Room
  • Dining Room
  • Home Office
  • Storage Room
  • Storm Doors

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Attic

  • Attic Access Panel
  • Pull Down Stairs to Attic

Parking

  • 1 Car Attached Garage
  • Carport
  • Workshop in Garage
  • Driveway

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Additional Features

  • Handicap Modified
  • Ground Level

Community Details

  • Colonial Plaza Subdivision

Listing and Financial Details

  • Assessor Parcel Number 065021 00013

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Ranch
  • Attached Unit Type: Ground Level-Single Story
  • Detached Unit Type: General Residential
  • Cross Street: Flamingo
  • MAAR Subdivision Name: COLONIAL ACRES
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1528
  • Year Built: 1952
  • 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, 1 Bath, Laundry Room, Breakfast Room, Office
  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down, Primary Down, Renovated Bathroom, Full Bath Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1, Shared Bath, Hardwood Floor
  • Bedroom 3 Description: Level 1, Shared Bath, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Tile, Vinyl Floor, Smooth Ceiling, Sprayed Ceiling
  • Full Bathrooms: 1
  • Equipment: Disposal, Dishwasher, Washer, Dryer
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Updated/Renovated Kitchen, Breakfast Bar, Separate Breakfast Room, Pantry, Island In Kitchen, Washer/Dryer Connections
  • Misc Interior: All Window Treatments, Pull Down Attic Stairs, Attic Access, Mud Room, Handicap Design, Cat/Dog Free House
  • Other Rooms: Laundry Room, Office/Sewing Room, Entry Hall, Attic, Storage Room
  • Primary Bathroom Description: Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Hardwood Floor

Exterior Features

  • Misc Exterior: Storage Building, Patio, Covered Patio, Deck, Wood Fence, Storage, Sidewalks, Workshop
  • Exterior Windows: Aluminum/Steel Siding, Storm Door(s)
  • 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, Storage Room(s), Workshop(s)

Utilities

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

Lot Info

  • Lot Description: Level, Landscaped, Wood Fenced
  • Lot Number: 27
  • Acreage: 0.21
  • Lot Size: 69X133

Tax Info

  • Assessor Parcel Number: 065021 00013

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2023
Closed on
Oct 6, 2023
Sold by
Bought by
Seller's Agent
Jason Wallace
Keller Williams Realty
Buyer's Agent
Amy Murrah
BHHS McLemore & Co. Realty
List Price
$275,000
Sold Price
$262,000
Premium/Discount to List
-$13,000
-4.73%
Views
99
Current Estimated Value
$245,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,013
Avg. Annual Appreciation
-2.20%
Original Mortgage
$15,720
Interest Rate
7.31%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 1, 2020
Closed on
Jan 12, 2021
Sold by
Bought by
Seller's Agent
Fiona Yanok
The Stamps Real Estate Company
Buyer's Agent
Danny Freeman
Crye-Leike, Inc., REALTORS
List Price
$245,000
Sold Price
$225,000
Premium/Discount to List
-$20,000
-8.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.63%
Original Mortgage
$213,750
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 15, 2019
Closed on
Jan 27, 2020
Sold by
Bought by
List Price
$165,000
Sold Price
$142,000
Premium/Discount to List
-$23,000
-13.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
62.34%

Purchase Details

Closed on
Feb 19, 1999
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Colonial Acres, TN

  • Rita Hallum Real Estate Agent - Crye-Leike, Inc., REALTORS

    Rita Hallum

    Crye-Leike, Inc., REALTORS

    (901) 979-6147

    101 Total Sales

    3 in Colonial Acres

    $200K - $244K Price Range

    Rita Hallum
     Section Image
  • C. Lauren Jones Real Estate Agent - Crye-Leike, Inc., REALTORS

    C. Lauren Jones

    Crye-Leike, Inc., REALTORS

    (901) 881-4903

    88 Total Sales

    4 in Colonial Acres

    $145K - $220K Price Range

    C. Lauren Jones
     Section Image
  • Lisa Cox Real Estate Agent - Groome & Co.

    Lisa Cox

    Groome & Co.

    (901) 422-9448

    134 Total Sales

    2 in Colonial Acres

    $205K - $217K Price Range

    Lisa Cox
     Section Image
  • Brenda Allen Real Estate Agent - Leaving A Legacy Realty, LLC

    Brenda Allen

    Leaving A Legacy Realty, LLC

    (901) 763-6215

    41 Total Sales

    2 in Colonial Acres

    $138K - $239K Price Range

    Brenda Allen
     Section Image
  • Paige Arnold Real Estate Agent - Crye-Leike, Inc., REALTORS

    Paige Arnold

    Crye-Leike, Inc., REALTORS

    (901) 422-8066

    101 Total Sales

    2 in Colonial Acres

    $190K - $320K Price Range

    Paige Arnold
     Section Image
  • Steve Boysen Real Estate Agent - Crye-Leike, Inc., REALTORS

    Steve Boysen

    Crye-Leike, Inc., REALTORS

    (901) 509-9947

    172 Total Sales

    8 in Colonial Acres

    $163K - $324K Price Range

    Steve Boysen
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$262,000 Edco Title & Closing Services
$225,000 None Available
$142,000 Delta Title Services Llc
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $59,591
Closed $15,720
Open $257,254
Previous Owner $213,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/14/2026 01/14/26 For Sale $165,000 -37.0% $108 / Sq Ft
10/23/2023 10/23/23 Sold $262,000 0.0% $187 / Sq Ft
09/25/2023 09/25/23 Pending -- -- --
09/13/2023 09/13/23 Price Changed $262,000 +0.8% $187 / Sq Ft
08/31/2023 08/31/23 Price Changed $260,000 -1.1% $186 / Sq Ft
08/29/2023 08/29/23 Price Changed $263,000 -2.5% $188 / Sq Ft
08/25/2023 08/25/23 Price Changed $269,800 0.0% $193 / Sq Ft
08/11/2023 08/11/23 Price Changed $269,900 0.0% $193 / Sq Ft
08/03/2023 08/03/23 Price Changed $270,000 -1.8% $193 / Sq Ft
07/20/2023 07/20/23 For Sale $275,000 +5.0% $196 / Sq Ft
07/18/2023 07/18/23 Off Market $262,000 -- --
01/12/2021 01/12/21 Sold $225,000 -8.2% $161 / Sq Ft View Prior Sale
12/01/2020 12/01/20 For Sale $245,000 +72.5% $175 / Sq Ft
01/30/2020 01/30/20 Sold $142,000 0.0% $93 / Sq Ft View Prior Sale
01/30/2020 01/30/20 Sold $142,000 -13.9% $101 / Sq Ft View Prior Sale
12/15/2019 12/15/19 Pending -- -- --
12/05/2019 12/05/19 For Sale $165,000 -- $118 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,734 $64,450 $9,575 $54,875
2024 -- $48,550 $6,650 $41,900
2023 $2,957 $48,550 $6,650 $41,900
2022 $2,957 $48,550 $6,650 $41,900
2021 $1,675 $48,550 $6,650 $41,900
2020 $2,045 $28,225 $6,650 $21,575
2019 $902 $28,225 $6,650 $21,575
2018 $902 $28,225 $6,650 $21,575
2017 $923 $28,225 $6,650 $21,575
2016 $1,090 $24,950 $0 $0
2014 $1,090 $24,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jason Wallace Real Estate Agent - Keller Williams Realty

    Seller's Agent in 2023

    Jason Wallace

    Keller Williams Realty

    (901) 690-1885

    6 in this area

    387 Total Sales

    Jason Wallace
    Section Image
  • Laura Wallace Real Estate Agent - Keller Williams Realty

    Seller Co-Listing Agent in 2023

    Laura Wallace

    Keller Williams Realty

    (901) 472-3006

    2 in this area

    124 Total Sales

    Laura Wallace
    Section Image
  • Amy Murrah Real Estate Agent - BHHS McLemore & Co. Realty

    Buyer's Agent in 2023

    Amy Murrah

    BHHS McLemore & Co. Realty

    (901) 461-4370

    7 in this area

    74 Total Sales

    Amy Murrah
    Section Image

  • F

    Seller's Agent in 2021

    Fiona Yanok

    The Stamps Real Estate Company

    Section Image
  • Felecia Magro Real Estate Agent - The Stamps Real Estate Company

    Seller Co-Listing Agent in 2021

    Felecia Magro

    The Stamps Real Estate Company

    (901) 283-9373

    59 Total Sales

    Felecia Magro
    Section Image
  • Danny Freeman Real Estate Agent - Crye-Leike, Inc., REALTORS

    Buyer's Agent in 2021

    Danny Freeman

    Crye-Leike, Inc., REALTORS

    (901) 406-3224

    8 in this area

    247 Total Sales

    Danny Freeman
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10152436

Memphis Area Association of REALTORS®

APN: 06-5021-0-0013

Tennessee Shelby County Memphis 38117 Colonial Acres

1223 Dearing Rd, Memphis, TN

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.

Memphis Area Association of REALTORS® Listing content and images Copyright 2026 Memphis Area Association of REALTORS®. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it.
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Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393 - 17600 Laguna Canyon Rd, Irvine, CA 92618.

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