NOT LISTED FOR SALE

1248 Wilbec Rd Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $206,000 - $232,000

3 Beds
1 Bath
1,000-1,199 Sq Ft
$179/Sq Ft Est. Value

Last Sold May 11, 2020

Last sale price $169,500 $141 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,258/month

Highlights

  • Updated Kitchen
  • Great Room
  • 2 Car Detached Garage
  • Wood Flooring
  • Den
  • Breakfast Bar

About This Home

As of August 2023

Lovely renovated home in Colonial Acres. Updated kitchen with stainless appliances and granite counter, beautiful hardwood floors, updated bathroom. 1 car attached carport, and 1 car detached garage.

Last Agent to Rent the Property

Linda Sowell

Sowell, Realtors License #50660 Listed on: 08/04/2023

Last Renter's Agent

Linda Sowell

Sowell, Realtors License #50660 Listed on: 08/04/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,401

Year Built

  • Built in 1955

Lot Details

  • 7,841 Sq Ft Lot
  • Wood Fence
  • Landscaped
  • Level Lot
  • Few Trees

Home Design

  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,075 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Decorative Fireplace
  • Fireplace Features Masonry
  • Great Room
  • Living Room with Fireplace
  • Den
  • Attic Access Panel

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Patio
  • Outdoor Storage

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 067014 00027

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,401

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: Rental Properties
  • Type: Rental
  • Style Code Use: General Residential
  • Cross Street: Flamingo Road
  • MLS Map #: 759B
  • MAAR Subdivision Name: COLONIAL ACRES
  • Freestanding: Yes
  • Number Of Stories: 1
  • Price Per Sq Ft: 1.67
  • Estimated Sq Ft: 1075
  • Year Built: 1955
  • List Price/ Sq Ft: 2
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Renovated Bathroom
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Masonry, Decorative Only, In Living Room
  • Floors/Ceilings: Hardwood Throughout, Tile, Smooth Ceiling
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Gas Cooking, Disposal, Dishwasher, Refrigerator, Washer, Dryer
  • Living Dining Kitchen: Breakfast Bar, Great Room, Island In Kitchen, Updated/Renovated Kitchen
  • Misc Interior: Attic Access
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Storage Building, Patio
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2D
  • Parking Storage: Driveway/Pad, Front-Load Garage, Garage Door Opener(s)

Utilities

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

Lot Info

  • Lot Description: Some Trees, Level, Landscaped, Wood Fenced
  • Lot Number: 97
  • Acreage: 0.18
  • Lot Size: .18
  • Price Per Acre: 9972

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 067014 00027

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2021
Sold by
Blue Square Holdings Ii Llc
Bought by
Stonehollow Holdings Llc
Current Estimated Value
$215,194

Purchase Details

Listed on
May 14, 2020
Closed on
May 11, 2020
Sold by
Waddell Joel
Bought by
Blue Square Holdings Ii Llc
Seller's Agent
Linda Sowell
Sowell, Realtors
Buyer's Agent
Linda Sowell
Sowell, Realtors
Sold Price
$1,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.87%
Original Mortgage
$144,075
Interest Rate
3.3%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jul 22, 2016
Closed on
Jan 27, 2017
Sold by
Zacher Robert Ryan
Bought by
Waddell Joel
Seller's Agent
Sarah Surratt
Crye-Leike, Inc., REALTORS
Buyer's Agent
Bob Geabhart
Crye-Leike, Inc., REALTORS
List Price
$149,900
Sold Price
$124,900
Premium/Discount to List
-$25,000
-16.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.73%
Original Mortgage
$122,637
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 24, 2016
Closed on
Apr 15, 2016
Sold by
Holmes Margie D
Bought by
Zacher Robert Ryan
Seller's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Sarah Surratt
Crye-Leike, Inc., REALTORS
List Price
$64,900
Sold Price
$71,109
Premium/Discount to List
$6,209
9.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
104.02%
Original Mortgage
$71,414
Interest Rate
3.68%
Mortgage Type
Purchase Money Mortgage
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
Stonehollow Holdings Llc -- None Available
Blue Square Holdings Ii Llc $169,500 Realty Title
Waddell Joel $124,900 Realty Title & Escrow Co
Zacher Robert Ryan $71,109 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Blue Square Holdings Ii Llc $144,075
Previous Owner Waddell Joel $122,637
Previous Owner Zacher Robert Ryan $71,414
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2023 08/15/23 Rented $1,795 0.0% --
08/14/2023 08/14/23 Under Contract -- -- --
08/04/2023 08/04/23 For Rent $1,795 +5.9% --
05/19/2020 05/19/20 Rented $1,695 0.0% --
05/14/2020 05/14/20 For Rent $1,695 0.0% --
05/11/2020 05/11/20 Sold $169,500 -0.2% $170 / Sq Ft
04/25/2020 04/25/20 Pending -- -- --
04/08/2020 04/08/20 For Sale $169,900 +36.0% $170 / Sq Ft
01/27/2017 01/27/17 Sold $124,900 -16.7% $125 / Sq Ft
12/06/2016 12/06/16 Pending -- -- --
07/22/2016 07/22/16 For Sale $149,900 +110.8% $150 / Sq Ft
04/15/2016 04/15/16 Sold $71,109 +9.6% $66 / Sq Ft
03/27/2016 03/27/16 Pending -- -- --
03/24/2016 03/24/16 For Sale $64,900 -- $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 $1,401 $52,550 $11,250 $41,300
2024 -- $41,325 $7,050 $34,275
2023 $2,517 $41,325 $7,050 $34,275
2022 $2,517 $41,325 $7,050 $34,275
2021 $1,121 $41,325 $7,050 $34,275
2020 $2,223 $30,675 $7,050 $23,625
2019 $980 $30,675 $7,050 $23,625
2018 $980 $30,675 $7,050 $23,625
2017 $811 $24,800 $7,050 $17,750
2016 $991 $22,675 $0 $0
2014 $991 $22,675 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Linda Sowell

    Landlord's Agent in 2023

    Linda Sowell

    Sowell, Realtors

    (901) 277-4380

    11 in this area

    208 Total Sales

    Linda Sowell
    Section Image
  • Bob Geabhart

    Seller's Agent in 2020

    Bob Geabhart

    Crye-Leike

    (901) 830-8811

    16 Total Sales

    Bob Geabhart
    Section Image

  • S

    Seller's Agent in 2017

    Sarah Surratt

    Crye-Leike

  • Tyler Tapley

    Seller's Agent in 2016

    Tyler Tapley

    Crye-Leike, Inc., REALTORS

    (901) 871-1290

    19 in this area

    1,214 Total Sales

    Tyler Tapley
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10153699

Memphis Area Association of REALTORS®

APN: 06-7014-0-0027

Tennessee Shelby County Memphis 38117 Colonial Acres

1248 Wilbec Rd, Memphis, TN

This home is located at 1248 Wilbec Rd, Memphis, TN 38117 since 04 August 2023 and is currently priced at $215,194. This property was built in 1955. 1248 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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