NOT LISTED FOR SALE

1351 Marcia Rd Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $187,000 - $222,000

3 Beds
1 Bath
1,200-1,399 Sq Ft
$145/Sq Ft Est. Value

Last Sold February 15, 2024

Last sale price $197,500 $141 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,199/month

4 Days on Market

Highlights

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

About This Home

As of February 2024

This charming property in Colonial Acres features three bedrooms and one bathroom, complete with a cozy den. The kitchen has been recently updated with NEW appliances, tile, & granite counters. Hardwood floors. The brick exterior requires low maintenance and includes a large fenced backyard with a spacious poured patio and a convenient drive-thru attached garage. NEW ROOF 4/2023. Both the interior and exterior are in excellent condition with recent updates.

Last Agent to Sell the Property

Randi Lynn

KAIZEN Realty, LLC License #369770 Listed on: 01/12/2024

KAIZEN Realty, LLC

Last Buyer's Agent

Sara Parham

Groome & Co. License #347512

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,192

Year Built

  • Built in 1952

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 60x140
  • Wood Fence
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,248 Sq Ft Home
  • 1-Story Property
  • Popcorn or blown ceiling
  • Ceiling Fan
  • Some Wood Windows
  • Window Treatments
  • Separate Formal Living Room
  • Den

Kitchen

  • Updated Kitchen
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Attic

  • Attic Access Panel
  • Pull Down Stairs to Attic

Home Security

  • Storm Doors
  • Iron Doors

Parking

  • 1 Car Attached Garage
  • Workshop in Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Patio
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Community Details

  • Voluntary home owners association
  • Parkside Manor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 066059 00006

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,192

Year Built

Built in 1952

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
  • Number Of Stories: 1
  • Price Per Sq Ft: 158.25
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1248
  • Year Built: 1952
  • List Price/ Sq Ft: 162
  • 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, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Hardwood Floor
  • Bedroom 3 Description: Carpet
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Sprayed Ceiling
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Self Cleaning Oven, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Cable Available
  • Living Dining Kitchen: Separate Living Room, Separate Den, Updated/Renovated Kitchen, W/D Connection in Kitchen
  • Misc Interior: All Window Treatments, Pull Down Attic Stairs, Attic Access, Cat/Dog Free House
  • Other Rooms: Laundry Closet, Attic
  • Total Bathrooms: 1
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Hardwood Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Storage Building, Patio
  • Exterior Windows: Wood/Composition, Storm Door(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 1
  • Parking Display: G1A
  • Parking Storage: Driveway/Pad, Workshop(s), Garage Door Opener(s), Front-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central, Gas
  • Water Sewer: Public Water, Public Sewer

Association/Amenities

  • Neighborhood Association: Voluntary

Lot Info

  • Lot Description: Some Trees, Wood Fenced
  • Lot Number: 51
  • Acreage: 0.19
  • Lot Size: 60X140
  • Price Per Acre: 1065789

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 066059 00006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2024
Closed on
Feb 15, 2024
Sold by
Heeren John F and Heeren Elizabeth S
Bought by
Ipema Dillon Michael
Seller's Agent
Randi Lynn
KAIZEN Realty, LLC
Buyer's Agent
Sara Parham
Groome & Co.
List Price
$202,500
Sold Price
$197,500
Premium/Discount to List
-$5,000
-2.47%
Total Days on Market
4
Views
27
Current Estimated Value
$203,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,015
Avg. Annual Appreciation
1.93%
Original Mortgage
$80,000
Outstanding Balance
$75,090
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$128,425

Purchase Details

Closed on
Mar 11, 2013
Sold by
Jfh Real Estate Llc
Bought by
Heeren John F and Heeren Elizabeth S

Purchase Details

Closed on
May 25, 2005
Sold by
Rogers Julia
Bought by
Jfh Real Estate Llc

Purchase Details

Closed on
Oct 24, 2003
Sold by
The Bank Of New York
Bought by
Rogers Julia

Purchase Details

Closed on
Aug 22, 2003
Sold by
Nelson Larry L and Nelson Cheryl A
Bought by
The Bank Of New York and Eqcc Trust 2001-2

Purchase Details

Closed on
Feb 28, 1997
Sold by
Jones George W and Jones Kimberly B
Bought by
Nelson Larry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,905
Interest Rate
7.9%
Mortgage Type
FHA
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
Ipema Dillon Michael $197,500 Sure Title
Heeren John F -- None Available
Jfh Real Estate Llc $87,500 --
Rogers Julia $65,250 --
The Bank Of New York $65,242 --
Nelson Larry L $67,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ipema Dillon Michael $80,000
Previous Owner Nelson Larry L $14,583
Previous Owner Nelson Larry L $86,647
Previous Owner Nelson Larry L $66,905
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2024 02/15/24 Sold $197,500 -2.5% $165 / Sq Ft
01/16/2024 01/16/24 For Sale $202,500 0.0% $169 / Sq Ft
01/16/2024 01/16/24 Pending -- -- --
01/12/2024 01/12/24 For Sale $202,500 -- $169 / 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 $1,192 $58,975 $9,575 $49,400
2024 $1,192 $35,150 $6,650 $28,500
2023 $2,141 $35,150 $6,650 $28,500
2022 $2,141 $35,150 $6,650 $28,500
2021 $2,527 $41,000 $6,650 $34,350
2020 $1,667 $23,000 $6,650 $16,350
2019 $1,667 $23,000 $6,650 $16,350
2018 $1,667 $23,000 $6,650 $16,350
2017 $945 $23,000 $6,650 $16,350
2016 $816 $18,675 $0 $0
2014 $816 $21,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Randi Lynn

    Seller's Agent in 2024

    Randi Lynn

    KAIZEN Realty, LLC

    (901) 292-6855

    2 in this area

    6 Total Sales

    Randi Lynn
    Section Image

  • S

    Buyer's Agent in 2024

    Sara Parham

    Groome & Co.

    (901) 674-3795

    1 in this area

    26 Total Sales

    Sara Parham
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10164009

Memphis Area Association of REALTORS®

APN: 06-6059-0-0006

Tennessee Shelby County Memphis 38117 Colonial Acres

1351 Marcia Rd, Memphis, TN

This home is located at 1351 Marcia Rd, Memphis, TN 38117 since 12 January 2024 and is currently estimated at $203,515, approximately $145 per square foot. This property was built in 1952. 1351 Marcia 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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