NOT LISTED FOR SALE

1317 Colonial Rd Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $204,000 - $242,000

3 Beds
2 Baths
1,600-1,799 Sq Ft
$129/Sq Ft Est. Value

Last Sold August 29, 2023

Last sale price $235,000 $131 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,393/month

79 Days on Market

Highlights

  • Traditional Architecture
  • Den with Fireplace
  • Porch
  • Wood Flooring
  • Separate Outdoor Workshop
  • Storm Windows

About This Home

As of August 2023

Stunning Potential in Colonial Acres - 3 Bedroom 2 Bath House with Fireplace, Garage Workshop, and Endless Possibilities! Welcome to this charming 3 bedroom, 2 bath home nestled in the desirable neighborhood of Colonial Acres. With its timeless appeal and fantastic location, this property offers incredible potential! Hardwood floors beneath carpet- (except in den) Storage space galore- See it today!

Last Agent to Sell the Property

Patti Joyner

Bluff City Realty Group, LLC License #344930 Listed on: 06/11/2023

Co-Listed By

Timothy Cutberth

InCity Realty License #345216

Last Buyer's Agent

Bryan Whitaker

BHHS McLemore & Co., Realty License #363291

BHHS McLemore & Co., Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,592

Year Built

  • Built in 1955

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 70x175
  • Wood Fence
  • Chain Link Fence
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,735 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Window Treatments
  • Den with Fireplace
  • Storage Room
  • Pull Down Stairs to Attic

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Storm Windows
  • Termite Clearance
  • Iron Doors

Parking

  • 1 Car Garage
  • Workshop in Garage
  • Driveway

Outdoor Features

  • Separate Outdoor Workshop
  • Outdoor Storage
  • Porch

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • Parkside Manor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 066060 00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,592

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional, Ranch
  • Detached Unit Type: General Residential
  • Cross Street: Sea Isle Rd/Flamingo Rd
  • MLS Map #: 759B
  • MAAR Subdivision Name: COLONIAL ACRES
  • Number Of Stories: 1
  • Price Per Sq Ft: 135.45
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1735
  • Termite Contract: Yes
  • Year Built: 1955
  • List Price/ Sq Ft: 141
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Masonry, Ventless Gas Fireplace, In Den/Great Room, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Dishwasher, Refrigerator
  • Living Dining Kitchen: Separate Living Room, Separate Den, LR/DR Combination, Washer/Dryer Connections
  • Misc Interior: All Window Treatments, Pull Down Attic Stairs
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Full Bath

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Storage Building, Porch, Workshop
  • Exterior Windows: Brick Veneer, Storm Window(s)
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 1
  • Parking Display: G1
  • Parking Storage: Driveway/Pad, Storage Room(s), Workshop(s)

Utilities

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

Lot Info

  • Lot Description: Some Trees, Wood Fenced, Chain Fenced
  • Lot Number: 2
  • Acreage: 0.28
  • Lot Size: 70X175
  • Price Per Acre: 875000

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 066060 00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2023
Closed on
Aug 28, 2023
Sold by
Potter Rebecca J
Bought by
Gonsalves Rachel
Seller's Agent
Patti Joyner
Bluff City Realty Group, LLC
Buyer's Agent
Bryan Whitaker
BHHS McLemore & Co., Realty
List Price
$249,000
Sold Price
$235,000
Premium/Discount to List
-$14,000
-5.62%
Views
99
Current Estimated Value
$231,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,783
Avg. Annual Appreciation
3.76%
Original Mortgage
$227,156
Outstanding Balance
$222,930
Interest Rate
6.9%
Mortgage Type
FHA
Estimated Equity
$29,791
Source: Public Records

Range of Values:

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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
Gonsalves Rachel $235,000 Edco Title & Closing Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonsalves Rachel $227,156
Previous Owner Jourdan Charles B $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2023 08/29/23 Sold $235,000 -4.1% $147 / Sq Ft
07/14/2023 07/14/23 Price Changed $245,000 -0.9% $153 / Sq Ft
07/06/2023 07/06/23 Price Changed $247,250 -0.3% $155 / Sq Ft
06/23/2023 06/23/23 Price Changed $248,000 -0.4% $155 / Sq Ft
06/11/2023 06/11/23 For Sale $249,000 -- $156 / 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 $1,592 $53,925 $8,600 $45,325
2024 -- $46,950 $5,975 $40,975
2023 $2,860 $46,950 $5,975 $40,975
2022 $2,860 $46,950 $5,975 $40,975
2021 $2,894 $46,950 $5,975 $40,975
2020 $2,045 $28,225 $5,975 $22,250
2019 $2,045 $28,225 $5,975 $22,250
2018 $2,045 $28,225 $5,975 $22,250
2017 $1,160 $28,225 $5,975 $22,250
2016 $1,150 $26,325 $0 $0
2014 $1,150 $26,325 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Patti Joyner

    Seller's Agent in 2023

    Patti Joyner

    Bluff City Realty Group, LLC

    (901) 848-1137

    4 in this area

    14 Total Sales

    Section Image

  • T

    Seller Co-Listing Agent in 2023

    Timothy Cutberth

    InCity Realty

    Section Image
  • Bryan Whitaker

    Buyer's Agent in 2023

    Bryan Whitaker

    BHHS McLemore & Co., Realty

    (901) 870-2526

    3 in this area

    42 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10149893

Memphis Area Association of REALTORS®

APN: 06-6060-0-0005

Tennessee Shelby County Memphis 38117 Colonial Acres

1317 Colonial Rd, Memphis, TN

This home is located at 1317 Colonial Rd, Memphis, TN 38117 since 11 June 2023 and is currently estimated at $231,217, approximately $128 per square foot. This property was built in 1955. 1317 Colonial 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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