NOT LISTED FOR SALE

1243 Wilbec Rd Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $206,000 - $234,000

3 Beds
1 Bath
1,000-1,199 Sq Ft
$184/Sq Ft Est. Value

Last Sold September 15, 2017

Last sale price $142,000 $118 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,334/month

6 Days on Market

Highlights

  • Updated Kitchen
  • Traditional Architecture
  • Attic
  • Landscaped Professionally
  • Wood Flooring
  • Separate Formal Living Room

About This Home

As of September 2017

Adorable Cottage in Colonial Acres-Renovated to Perfection! Open Floor Concept-Amazing Finishes-Dream Kitchen-SS Appliances-High End Jenair Gas Range-Custom Cabinets-Granite Countertops-Seated Breakfast Bar-LRG Pantry-LRG Laundry Closet-Gleaming Wood Floors-Beautifully Renovated Bath w-Large Linen Closet-2 in Blinds Throughout-AUTOMATIC GATE to COVERED PARKING (2 spaces)-Amazing Workshop (is wired+has window unit) Multiple uses could be Work Out-Studio-Man Cave-New Electrical & Plumbing-Hurry!!!

Last Agent to Sell the Property

Melody Bourell

Marx-Bensdorf, REALTORS License #290370 Listed on: 08/15/2017

Last Buyer's Agent

Kellie Chapman

Sell901 Real Estate License #341348

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,603

Year Built

  • Built in 1955

Lot Details

  • 0.26 Acre Lot
  • Landscaped Professionally
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 977 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Some Wood Windows
  • Window Treatments
  • Separate Formal Living Room
  • Storage Room
  • Laundry closet
  • Pull Down Stairs to Attic

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Oven or Range
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Home Security

  • Security Gate
  • Fire and Smoke Detector
  • Iron Doors

Parking

  • 2 Parking Spaces
  • Carport
  • Workshop in Garage

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Country Club Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 067015 00007

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,603

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 759B
  • MAAR Subdivision Name: COLONIAL ACRES
  • List Price Per Sq Ft: 142
  • Number Of Stories: 1
  • Price Per Sq Ft: 145.34
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 977
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Renovated Bathroom
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Hardwood Throughout, Smooth Ceiling
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Gas Cooking, Disposal, Dishwasher, Microwave
  • Living Dining Kitchen: Separate Living Room, Updated/Renovated Kitchen, Breakfast Bar, Pantry, Island In Kitchen
  • Misc Interior: All Window Treatments, Pull Down Attic Stairs, Cat/Dog Free House, Smoke Detector(s)
  • Other Rooms: Laundry Closet, Attic
  • Total Bathrooms: 1
  • Primary Bathroom Description: Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Porch, Patio, Sidewalks
  • Exterior Windows: Brick Veneer, Wood Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking Display: C2
  • Parking Storage: Storage Room(s), Workshop(s), Gate Clickers

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central, Gas
  • Security: Security Gate, Dead Bolt Lock(s)
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Landscaped, Professionally Landscaped
  • Lot Number: 68
  • Acreage: 0.26
  • Lot Size: 60X190 / 0.26
  • Price Per Acre: 534615

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 067015 00007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2017
Closed on
Sep 15, 2017
Sold by
T And S Real Estate Llc
Bought by
Ulm Lauren
Seller's Agent
Melody Bourell
Marx-Bensdorf, REALTORS
Buyer's Agent
Kellie Chapman
Sell901 Real Estate
List Price
$139,000
Sold Price
$142,000
Premium/Discount to List
$3,000
2.16%
Current Estimated Value
$220,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,166
Avg. Annual Appreciation
5.74%
Original Mortgage
$134,900
Outstanding Balance
$113,723
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$107,607

Purchase Details

Listed on
Jan 31, 2017
Closed on
May 25, 2017
Sold by
The Bank Of New York Mellon
Bought by
T & S Real Estate Llc
Seller's Agent
Scott Housewirth
Crye-Leike Inc., REALTORS
Buyer's Agent
Melody Bourell
Marx-Bensdorf, REALTORS
List Price
$68,900
Sold Price
$78,200
Premium/Discount to List
$9,300
13.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
630.47%

Purchase Details

Closed on
Jan 19, 2017
Sold by
Jones Michael J
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Aug 31, 2004
Sold by
Haley Johnathan and Haley Wendi
Bought by
Jones Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,010
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 4, 2001
Sold by
Yap Michael Kim T and Yap Kathrin M
Bought by
Haley Johnathan and Haley Wendi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,310
Interest Rate
7.02%

Purchase Details

Closed on
Dec 31, 1998
Sold by
Konarik Steven W and Cox Jennifer L
Bought by
Yap Michael Kim Thau and Yap Kathrin Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,150
Interest Rate
6.77%

Purchase Details

Closed on
Oct 6, 1997
Sold by
Elmore John F and Elmore Mary Frances
Bought by
Konarik Steven W and Cox Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,461
Interest Rate
7.6%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Ulm Lauren $142,000 Realty Title
T & S Real Estate Llc $782,000 Fideity Land Title Ag
The Bank Of New York Mellon $112,054 None Available
Jones Michael J $98,900 Title Enterprises Llc
Haley Johnathan $85,900 American Title Co
Yap Michael Kim Thau $77,000 Fidelity Title & Escrow Inc
Konarik Steven W $75,500 Fidelity Title & Escrow Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ulm Lauren $134,900
Previous Owner Jones Michael J $10,000
Previous Owner Jones Michael J $89,010
Previous Owner Haley Jonathan $85,500
Previous Owner Haley Johnathan $77,310
Previous Owner Yap Michael Kim Thau $73,150
Previous Owner Konarik Steven W $75,461
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2017 09/15/17 Sold $142,000 +2.2% $142 / Sq Ft
08/21/2017 08/21/17 Pending -- -- --
08/15/2017 08/15/17 For Sale $139,000 +77.7% $139 / Sq Ft
05/30/2017 05/30/17 Sold $78,200 +13.5% $78 / Sq Ft
02/08/2017 02/08/17 Pending -- -- --
01/31/2017 01/31/17 For Sale $68,900 -- $69 / 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 $1,603 $60,500 $11,250 $49,250
2024 $1,603 $47,300 $7,050 $40,250
2023 $2,881 $47,300 $7,050 $40,250
2022 $2,881 $47,300 $7,050 $40,250
2021 $2,915 $47,300 $7,050 $40,250
2020 $2,424 $33,450 $7,050 $26,400
2019 $2,424 $33,450 $7,050 $26,400
2018 $2,424 $33,450 $7,050 $26,400
2017 $996 $24,225 $7,050 $17,175
2016 $943 $21,575 $0 $0
2014 $943 $21,575 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Scott Housewirth

    Seller's Agent in 2017

    Scott Housewirth

    Crye-Leike

    (901) 592-7834

    209 Total Sales

    Scott Housewirth
    Section Image
  • Melody Bourell

    Seller's Agent in 2017

    Melody Bourell

    Marx-Bensdorf, REALTORS

    (901) 461-4016

    14 in this area

    259 Total Sales

    Melody Bourell
    Section Image
  • Kim Hairrell

    Seller Co-Listing Agent in 2017

    Kim Hairrell

    Crye-Leike

    (901) 644-3535

    1 in this area

    182 Total Sales

    Kim Hairrell
    Section Image

  • K

    Buyer's Agent in 2017

    Kellie Chapman

    Sell901 Real Estate

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10009200

Memphis Area Association of REALTORS®

APN: 06-7015-0-0007

Tennessee Shelby County Memphis 38117 Colonial Acres

1243 Wilbec Rd, Memphis, TN

This home is located at 1243 Wilbec Rd, Memphis, TN 38117 since 15 August 2017 and is currently estimated at $220,166, approximately $183 per square foot. This property was built in 1955. 1243 Wilbec 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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