NOT LISTED FOR SALE

1238 Dearing Rd Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $242,000 - $291,000

3 Beds
2 Baths
1,200-1,399 Sq Ft
$187/Sq Ft Est. Value

Last Sold May 01, 2023

Last sale price $295,000 $211 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $1,501/month

1 Day on Market

Highlights

  • Updated Kitchen
  • Wood Flooring
  • Den
  • Traditional Architecture
  • Screened Porch
  • Brick Veneer

About This Home

As of May 2023

Curb Appeal!!! Come check out this 3BR/2BA home w/ a Split bedroom floor plan in Colonial Acres! Renovated kitchen w/ granite & SS appliances that was recently painted as well as den and bathroom. Huge screened in porch added in 2020- perfect for entertaining! Spacious Primary bedroom w/ 2 closets! 2nd BR also has 2 closets - Backyard freshly sodded. Attic space for extra storage. Move-in ready. Fridge and washer/dryer stay!

Last Agent to Sell the Property

Elizabeth Gant

REMAX Experts License #343305 Listed on: 03/30/2023

REMAX Experts

Last Buyer's Agent

Kaylee J. Oaks

Hometown Realty License #333626

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 69x135
  • Wood Fence
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Vinyl Siding

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,330 Sq Ft Home
  • 1-Story Property
  • Den
  • Screened Porch

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • Colonial Plaza Subdivision

Listing and Financial Details

  • Assessor Parcel Number 065022 00028

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: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: COLONIAL ACRES
  • List Price Per Sq Ft: 207
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1330
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Split Bedroom Plan, Full Bath Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1, Hardwood Floor
  • Bedroom 3 Description: Level 1, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Disposal, Dishwasher, Refrigerator, Washer, Dryer
  • Living Dining Kitchen: Separate Den, Updated/Renovated Kitchen, Breakfast Bar, Pantry
  • Other Rooms: Laundry Closet
  • P R I M A R Y B E D R O O M: Level 1, Full Bath, Carpet

Exterior Features

  • Misc Exterior: Screen Porch, Patio, Wood Fence
  • Exterior Windows: Brick Veneer, Vinyl Siding

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Level, Wood Fenced
  • Lot Number: 14
  • Acreage: 0.21
  • Lot Size: 69X135

Tax Info

  • Assessor Parcel Number: 065022 00028

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2023
Closed on
May 1, 2023
Sold by
Johnson Joseph B and Johnson Ellen Rose
Bought by
Chapman Samuel Benjamin and Chapman George Madison
Seller's Agent
Elizabeth Gant
REMAX Experts
Buyer's Agent
Kaylee J. Oaks
Hometown Realty
List Price
$275,000
Sold Price
$295,000
Premium/Discount to List
$20,000
7.27%
Views
40
Current Estimated Value
$261,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$33,823
Avg. Annual Appreciation
-4.11%
Original Mortgage
$289,656
Outstanding Balance
$281,905
Interest Rate
6.6%
Mortgage Type
FHA
Estimated Equity
-$20,728

Purchase Details

Closed on
Sep 16, 2020
Sold by
Johnson Joseph B
Bought by
Bursi Ellen Rose

Purchase Details

Listed on
Jan 22, 2015
Closed on
Mar 11, 2015
Sold by
Shelby Holdings Llc
Bought by
Johnson Joseph B
Seller's Agent
Stacy Lewis
The Restivo Group, REALTORS
Buyer's Agent
LINDA ASH
Centric Realty LLC
List Price
$119,900
Sold Price
$119,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.31%
Original Mortgage
$117,727
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 14, 2014
Sold by
Tennessce Investments Properties
Bought by
Shelby Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,511
Interest Rate
4.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 6, 2014
Sold by
Keim Susan
Bought by
Tennessee Investment Properties A Tennes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,511
Interest Rate
4.35%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chapman Samuel Benjamin $295,000 None Listed On Document
Bursi Ellen Rose -- None Available
Bursi Ellen Rose -- None Available
Johnson Joseph B $119,900 None Available
Shelby Holdings Llc -- None Available
Tennessee Investment Properties A Tennes $41,100 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chapman Samuel Benjamin $289,656
Previous Owner Johnson Joseph B $117,727
Previous Owner Shelby Holdings Llc $73,511
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/01/2023 05/01/23 Sold $295,000 +7.3% $246 / Sq Ft
03/30/2023 03/30/23 For Sale $275,000 +129.4% $229 / Sq Ft
03/11/2015 03/11/15 Sold $119,900 0.0% $100 / Sq Ft View Prior Sale
02/22/2015 02/22/15 Pending -- -- --
01/22/2015 01/22/15 For Sale $119,900 -- $100 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $1,535 $73,175 $9,575 $63,600
2024 $1,535 $45,275 $6,650 $38,625
2023 $2,758 $45,275 $6,650 $38,625
2022 $2,758 $45,275 $6,650 $38,625
2021 $2,790 $45,275 $6,650 $38,625
2020 $2,183 $30,125 $6,650 $23,475
2019 $2,183 $30,125 $6,650 $23,475
2018 $2,183 $30,125 $6,650 $23,475
2017 $1,238 $30,125 $6,650 $23,475
2016 $1,248 $28,550 $0 $0
2014 $874 $22,725 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Elizabeth Gant

    Seller's Agent in 2023

    Elizabeth Gant

    RE/MAX

    (901) 494-3228

    6 in this area

    98 Total Sales

    Elizabeth Gant
    Section Image
  • Kaylee J. Oaks

    Buyer's Agent in 2023

    Kaylee J. Oaks

    Hometown Realty

    (901) 494-0127

    9 in this area

    141 Total Sales

    Kaylee J. Oaks
    Section Image

  • S

    Seller's Agent in 2015

    Stacy Lewis

    The Restivo Group, REALTORS

    Section Image
  • LINDA ASH

    Buyer's Agent in 2015

    LINDA ASH

    Centric Realty LLC

    (901) 922-9704

    1 in this area

    25 Total Sales

    LINDA ASH
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10144903

Memphis Area Association of REALTORS®

APN: 06-5022-0-0028

Tennessee Shelby County Memphis 38117 Colonial Acres

1238 Dearing Rd, Memphis, TN

Not Listed for Sale

Detached

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