NOT LISTED FOR SALE

1387 Dearing Rd Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $177,000 - $211,000

3 Beds
1 Bath
1,200-1,399 Sq Ft
$141/Sq Ft Est. Value

Last Sold June 14, 2021

Last sale price $202,000 $144 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,182/month

21 Days on Market

Highlights

  • Traditional Architecture
  • Great Room
  • 3 Car Detached Garage
  • Wood Flooring
  • Den
  • Patio

About This Home

As of June 2021

Corner Lot in Prime Colonial Acres ~New Roof ~Recent HVAC ~ Large Fenced Yard~ Attached Double Garage with workshop~ Hardwood Floors~ Open Kitchen with plenty of Cabinets~ Separate Laundry Room ~ Brick Patio~ Covered Patio w/ Electric~ Minutes to all East Memphis Amenities!

Last Agent to Sell the Property

Taj Schuerman

Keller Williams Realty License #285599 Listed on: 05/14/2021

Keller Williams Realty

Last Buyer's Agent

Zach Thomas

Sell901 Real Estate License #332547

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,376

Year Built

  • Built in 1952

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 110x135
  • Wood Fence
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,213 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Dining Room
  • Den
  • Storm Doors
  • Laundry Room

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 3 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

  • Voluntary home owners association
  • Parkside Manor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 066058 00023

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,376

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
  • List Price Per Sq Ft: 153
  • Number Of Stories: 1
  • Price Per Sq Ft: 166.53
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1213
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Hardwood Floor
  • Bedroom 3 Description: Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Tile
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher
  • Living Dining Kitchen: Great Room, Pantry
  • Other Rooms: Laundry Room
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Hardwood Floor

Exterior Features

  • Misc Exterior: Storage Building, Patio, Wood Fence
  • Exterior Windows: Brick Veneer, Storm Door(s)
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Detached
  • Number Covered Parking Spaces: 3
  • Parking Display: 3D
  • Parking Storage: Driveway/Pad, Garage Door Opener(s), Front-Load Garage

Utilities

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

Association/Amenities

  • Neighborhood Association: Voluntary

Lot Info

  • Lot Description: Some Trees, Level, Wood Fenced
  • Lot Number: 80
  • Acreage: 0.34
  • Lot Size: 110X135
  • Price Per Acre: 544118

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 066058 00023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2021
Closed on
Jun 11, 2021
Sold by
Totty Erica M and Totty Mark
Bought by
Holloway Emily and Holloway Russell
Seller's Agent
Taj Schuerman
Keller Williams Realty
Buyer's Agent
Zach Thomas
Sell901 Real Estate
List Price
$185,000
Sold Price
$202,000
Premium/Discount to List
$17,000
9.19%
Current Estimated Value
$197,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,604
Avg. Annual Appreciation
-0.54%
Original Mortgage
$188,522
Outstanding Balance
$171,425
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$25,971

Purchase Details

Listed on
Mar 10, 2016
Closed on
Jun 14, 2016
Sold by
Matthews Jason M and Matthews Chi
Bought by
Totty Erica M
Seller's Agent
Jason Wallace
Keller Williams Realty
Buyer's Agent
Taj Schuerman
Keller Williams Realty
List Price
$115,000
Sold Price
$112,000
Premium/Discount to List
-$3,000
-2.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.57%
Original Mortgage
$109,971
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 14, 2011
Sold by
Westcot Sam and Westcot Susan
Bought by
Matthews Jason M and Matthews Howard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,810
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 5, 2003
Sold by
Lomax Wayne
Bought by
Westcot Sam and Westcot Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,110
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 2, 2003
Sold by
Lomax Anthony W
Bought by
Lomax Wayne

Purchase Details

Closed on
Aug 21, 1998
Sold by
Thornton David C
Bought by
Lomax Anthony W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.92%
Source: Public Records

Range of Values:

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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
Holloway Emily $202,000 Saddle Creek Title Llc
Totty Erica M $112,000 Edco Title & Closing Service
Matthews Jason M $90,000 Realty Title & Escrow Co Inc
Westcot Sam $97,900 Lenders Title & Escrow Llc
Lomax Wayne $130,815 --
Lomax Anthony W $69,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holloway Emily $188,522
Previous Owner Totty Erica M $109,971
Previous Owner Matthews Jason M $81,810
Previous Owner Westcot Sam $91,000
Previous Owner Westcot Sam $88,110
Previous Owner Lomax Anthony W $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2021 06/14/21 Sold $202,000 +9.2% $168 / Sq Ft
05/14/2021 05/14/21 For Sale $185,000 +65.2% $154 / Sq Ft
06/21/2016 06/21/16 Sold $112,000 -2.6% $93 / Sq Ft
04/25/2016 04/25/16 Pending -- -- --
03/10/2016 03/10/16 For Sale $115,000 -- $96 / 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 $1,376 $49,725 $9,575 $40,150
2024 $1,376 $40,600 $6,650 $33,950
2023 $2,473 $40,600 $6,650 $33,950
2022 $2,473 $40,600 $6,650 $33,950
2021 $2,502 $40,600 $6,650 $33,950
2020 $1,857 $25,625 $6,650 $18,975
2019 $819 $25,625 $6,650 $18,975
2018 $819 $25,625 $6,650 $18,975
2017 $838 $25,625 $6,650 $18,975
2016 $1,046 $23,925 $0 $0
2014 $1,046 $23,925 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Taj Schuerman

    Seller's Agent in 2021

    Taj Schuerman

    Keller Williams Realty

    (901) 277-4142

    6 in this area

    107 Total Sales

    Taj Schuerman
    Section Image
  • Zach Thomas

    Buyer's Agent in 2021

    Zach Thomas

    Sell901 Real Estate

    (901) 674-1612

    4 in this area

    164 Total Sales

    Zach Thomas
    Section Image
  • Jason Wallace

    Seller's Agent in 2016

    Jason Wallace

    Keller Williams Realty

    (901) 690-1885

    13 in this area

    380 Total Sales

    Jason Wallace
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10099310

Memphis Area Association of REALTORS®

APN: 06-6058-0-0023

Tennessee Shelby County Memphis 38117 Colonial Acres

1387 Dearing Rd, Memphis, TN

This home is located at 1387 Dearing Rd, Memphis, TN 38117 since 14 May 2021 and is currently estimated at $197,396, approximately $141 per square foot. This property was built in 1952. 1387 Dearing 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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