NOT LISTED FOR SALE

1237 Dearing Rd Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $175,000 - $200,000

3 Beds
1 Bath
1,408 Sq Ft
$133/Sq Ft Est. Value

Last Sold July 09, 2012

Last sale price $64,000 $45 Per Sq Ft

Est. 192% increase in value since last sale

Current estimated payment $1,108/month

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Den
  • Wood Flooring
  • Separate Formal Living Room
  • Patio

About This Home

As of July 2012

3BR/1BA Colonial Acres home. Living room, Dining room and Den with corner fireplace. Nice hardwoods. Fenced yard with large shed. As-IS. Hud case# 482-378264

Last Agent to Sell the Property

Crystal Mitchell

Crye-Leike Inc., REALTORS License #258649 Listed on: 03/14/2012

Crye-Leike Inc., REALTORS

Last Buyer's Agent

Jamie Green

River City Land Co., LLC License #323877

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,337

Year Built

  • Built in 1954

Lot Details

  • 9,148 Sq Ft Lot
  • Chain Link Fence
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,408 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Separate Formal Living Room
  • Dining Room
  • Den

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • 220 Volts

Community Details

  • Colonial Plaza Subdivision

Listing and Financial Details

  • Assessor Parcel Number 065021 00015

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,337

Year Built

Built in 1954

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
  • Number Of Stories: 1
  • Price Per Sq Ft: 45.45
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1408
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den
  • Number Of Fireplaces: 1
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central, 220 Wiring
  • Heating: Central

Lot Info

  • Lot Description: Level, Chain Fenced
  • Lot Number: 25
  • Acreage: 0.21
  • Lot Size: .21

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 065021 00015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2023
Sold by
Russell Charles E
Bought by
Charles Russell1 Llc
Current Estimated Value
$187,153

Purchase Details

Closed on
Oct 10, 2019
Sold by
Darling Ronald E and Darling Linda K
Bought by
Burns Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 14, 2012
Closed on
Jul 6, 2012
Sold by
Gp Investor Nation
Bought by
Russell Charles
Seller's Agent
Crystal Mitchell
Crye-Leike Inc., REALTORS
Buyer's Agent
Jamie Green
River City Land Co., LLC
List Price
$85,000
Sold Price
$64,000
Premium/Discount to List
-$21,000
-24.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.44%
Original Mortgage
$86,293
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 17, 2012
Sold by
Flanagan Andrew C
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Jan 23, 2006
Sold by
Fortune Trevor J
Bought by
Flanagan Andrew C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,092
Interest Rate
6.21%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 28, 2001
Sold by
Steve Polumbo and Steve Kathleen M
Bought by
Fortune Trevor J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,523
Interest Rate
7.01%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 24, 1998
Sold by
Borum Michael G and Borum Neil Alan
Bought by
Polumbo Steve and Polumbo Kathleen Mika

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,427
Interest Rate
6.94%
Mortgage Type
FHA
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
Charles Russell1 Llc $825,000 None Listed On Document
Burns Richard $108,000 None Available
Russell Charles $79,500 Multiple
Secretary Of Housing & Urban Development $99,451 None Available
Flanagan Andrew C $102,900 Realty Title & Escrow Co
Fortune Trevor J $86,200 --
Polumbo Steve $69,355 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burns Richard $88,000
Previous Owner Russell Charles $86,293
Previous Owner Flanagan Andrew C $102,092
Previous Owner Fortune Trevor J $85,523
Previous Owner Polumbo Steve $69,427
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2012 07/09/12 Sold $64,000 -24.7% $45 / Sq Ft
06/05/2012 06/05/12 Pending -- -- --
03/14/2012 03/14/12 For Sale $85,000 -- $60 / 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 $1,337 $44,075 $9,575 $34,500
2024 $1,337 $39,450 $6,650 $32,800
2023 $2,403 $39,450 $6,650 $32,800
2022 $2,403 $39,450 $6,650 $32,800
2021 $2,431 $39,450 $6,650 $32,800
2020 $1,701 $23,475 $6,650 $16,825
2019 $1,701 $23,475 $6,650 $16,825
2018 $1,701 $23,475 $6,650 $16,825
2017 $965 $23,475 $6,650 $16,825
2016 $907 $20,750 $0 $0
2014 $907 $22,625 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Crystal Mitchell

    Seller's Agent in 2012

    Crystal Mitchell

    Crye-Leike

    (901) 461-6828

    2 in this area

    47 Total Sales

    Crystal Mitchell
    Section Image
  • Jamie Green

    Buyer's Agent in 2012

    Jamie Green

    River City Land Co., LLC

    (901) 493-0968

    3 in this area

    108 Total Sales

    Jamie Green
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3242764

Memphis Area Association of REALTORS®

APN: 06-5021-0-0015

Tennessee Shelby County Memphis 38117 Colonial Acres

1237 Dearing Rd, Memphis, TN

This home is located at 1237 Dearing Rd, Memphis, TN 38117 since 14 March 2012 and is currently estimated at $187,153, approximately $132 per square foot. This property was built in 1954. 1237 Dearing 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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