NOT LISTED FOR SALE

1242 Wilbec Rd Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $190,488 - $212,000

3 Beds
1 Bath
100-999 Sq Ft
$200/Sq Ft Est. Value

Last Sold July 31, 2024

Last sale price $221,000 $221 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $1,159/month

About This Home

As of July 2024

This home is located at 1242 Wilbec Rd, Memphis, TN 38117 since 31 July 2024 and is currently estimated at $199,622, approximately $1,996 per square foot. This property was built in 1955. 1242 Wilbec Rd is a home located in Shelby County with nearby schools including Sea Isle Elementary School, Colonial Middle, and Overton High.

Last Agent to Sell the Property

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 07/31/2024

Last Buyer's Agent

Dean Harris

CrestCore Realty MphsBrokerage License #286759 Listed on: 07/31/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,216

Year Built

  • Built in 1955

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 60x132

Interior Spaces

  • 100-999 Sq Ft Home
  • 988 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Community Details

  • Country Club Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 067014 00028

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,216

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MLS Map #: 759B
  • MAAR Subdivision Name: COLONIAL ACRES
  • Number Of Stories: 1
  • Price Per Sq Ft: 223.68
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 988
  • Year Built: 1955
  • List Price/ Sq Ft: 224
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 100-999
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1

Lot Info

  • Lot Number: 96
  • Acreage: 0.18
  • Lot Size: 60X132
  • Price Per Acre: 1227778
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 067014 00028

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2021
Sold by
Blue Square Holdings Iv Llc
Bought by
Stonehollow Holdings I Llc
Current Estimated Value
$199,622

Purchase Details

Closed on
Jun 24, 2020
Sold by
Sharp Laura Louise and Sharp Abraham J
Bought by
Blue Square Holdings Iv Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Interest Rate
3.2%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 27, 2016
Closed on
Feb 28, 2017
Sold by
Tennessee Investment Properties
Bought by
Sharp Laura Louise and Sharp Abraham J
Seller's Agent
Gary Connell
Renshaw Company, REALTORS
Buyer's Agent
Patty Rainey
Crye-Leike, Inc., REALTORS
List Price
$119,900
Sold Price
$112,500
Premium/Discount to List
-$7,400
-6.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.85%
Original Mortgage
$101,250
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2014
Sold by
Cassidy Thomas E and Cassidy Mary L
Bought by
Tennessee Investment Properties

Purchase Details

Closed on
Dec 10, 2008
Sold by
Cassidy Limited Partnership Iii
Bought by
Cassidy Real Estate Llc

Purchase Details

Closed on
Dec 6, 2002
Sold by
Cassidy Tom and Cassidy Mary L
Bought by
Cassidy Ltd Partnership Iii

Purchase Details

Closed on
Mar 14, 2000
Sold by
Threadgill Charles A and Threadgill Mary J
Bought by
Cassidy Tom and Cassidy Mary L

Purchase Details

Closed on
Sep 25, 1996
Sold by
Jackson Frances H Davis
Bought by
Threadgill Charles A and Threadgill Mary J
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Stonehollow Holdings I Llc -- None Available
Blue Square Holdings Iv Llc $135,000 None Available
Sharp Laura Louise $112,500 Delta Title Services Llc
Tennessee Investment Properties $35,001 None Available
Cassidy Real Estate Llc -- None Available
Cassidy Ltd Partnership Iii -- --
Cassidy Tom $71,850 --
Threadgill Charles A $56,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Blue Square Holdings Iv Llc $111,000
Previous Owner Sharp Laura Louise $101,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Sold $221,000 0.0% $2,210 / Sq Ft
07/31/2024 07/31/24 Pending -- -- --
07/31/2024 07/31/24 For Sale $221,000 0.0% $2,210 / Sq Ft
09/10/2022 09/10/22 Rented $1,795 0.0% --
08/17/2022 08/17/22 For Rent $1,795 +12.5% --
10/02/2020 10/02/20 Rented $1,595 0.0% --
09/05/2020 09/05/20 For Rent $1,595 0.0% --
02/28/2017 02/28/17 Sold $112,500 -6.2% $113 / Sq Ft
02/17/2017 02/17/17 Pending -- -- --
11/27/2016 11/27/16 For Sale $119,900 -- $120 / 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 $1,216 $46,025 $11,250 $34,775
2024 -- $35,875 $7,050 $28,825
2023 $2,185 $35,875 $7,050 $28,825
2022 $2,185 $35,875 $7,050 $28,825
2021 $973 $35,875 $7,050 $28,825
2020 $1,725 $23,800 $7,050 $16,750
2019 $761 $23,800 $7,050 $16,750
2018 $761 $23,800 $7,050 $16,750
2017 $779 $23,800 $7,050 $16,750
2016 $923 $21,125 $0 $0
2014 $923 $21,125 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dean Harris

    Seller's Agent in 2024

    Dean Harris

    CrestCore Realty MphsBrokerage

    (901) 619-6170

    20 in this area

    1,428 Total Sales

    Dean Harris
    Section Image
  • Linda Sowell

    Seller's Agent in 2022

    Linda Sowell

    Sowell, Realtors

    (901) 277-4380

    11 in this area

    208 Total Sales

    Linda Sowell
    Section Image

  • G

    Seller's Agent in 2017

    Gary Connell

    Renshaw Company, REALTORS

  • T

    Seller Co-Listing Agent in 2017

    Tim Newell

    Jennings Realty

    Section Image
  • Patty Rainey

    Buyer's Agent in 2017

    Patty Rainey

    Crye-Leike

    (901) 849-0611

    44 Total Sales

    Patty Rainey
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10178173

Memphis Area Association of REALTORS®

APN: 06-7014-0-0028

Tennessee Shelby County Memphis 38117 Colonial Acres

1242 Wilbec Rd, Memphis, TN

This home is located at 1242 Wilbec Rd, Memphis, TN 38117 since 31 July 2024 and is currently estimated at $199,622, approximately $199 per square foot. This property was built in 1955. 1242 Wilbec Rd is a home located in Shelby County with nearby schools including Sea Isle Elementary School, Colonial Middle, and Overton High.

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® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Some or all of the listings displayed may not belong to the firm whose website is being visited. Copyright© 2025 Memphis Area Association of REALTORS®.

Nearby Homes