NOT LISTED FOR SALE

1388 Dearing Rd Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $178,000 - $228,000

3 Beds
2 Baths
1,600-1,799 Sq Ft
$113/Sq Ft Est. Value

Last Sold December 28, 2012

Last sale price $54,734 $30 Per Sq Ft

Est. 272% increase in value since last sale

Current estimated payment $1,235/month

8 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Outdoor Storage
  • Wood Flooring
  • Den with Fireplace
  • Level Lot

About This Home

As of December 2012

REO PROPERTY-BANK OWNED. PROPERTY SOLD "AS IS". The Listing Broker & Seller assume no responsibility & make no guarantees, warranties or representations as to accuracy of the property information or photographs. Buyer to turn on Utilities for INSPECTIONS.

Last Agent to Sell the Property

Georgia Landry

Trek Property Management License #286174 Listed on: 10/15/2012

Last Buyer's Agent

Jim Reedy

Reedy & Company, REALTORS License #15602

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,531

Year Built

  • Built in 1987

Lot Details

  • 0.34 Acre Lot
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,611 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Den with Fireplace

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Storage

Community Details

  • Parkside Manor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 066059 00012

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,531

Year Built

Built in 1987

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: 33.98
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1611
  • Year Built: 1987
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: In Den/Great Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Den
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Storage Building
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking Storage: Driveway/Pad

Lot Info

  • Lot Description: Level
  • Lot Number: 57
  • Acreage: 0.34
  • Lot Size: 14850

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 066059 00012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2012
Closed on
Dec 27, 2012
Sold by
Deutsche Bank National Trust Co
Bought by
Letfus Dean
Seller's Agent
Georgia Landry
Trek Property Management
Buyer's Agent
Jim Reedy
Reedy & Company, REALTORS
List Price
$45,000
Sold Price
$54,734
Premium/Discount to List
$9,734
21.63%
Current Estimated Value
$203,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,841
Avg. Annual Appreciation
10.47%

Purchase Details

Listed on
Oct 15, 2012
Closed on
Dec 26, 2012
Sold by
Letfus Dean
Bought by
Crossover Us 1 Llc
Seller's Agent
Georgia Landry
Trek Property Management
Buyer's Agent
Jim Reedy
Reedy & Company, REALTORS
List Price
$45,000
Sold Price
$54,734
Premium/Discount to List
$9,734
21.63%

Purchase Details

Closed on
Oct 26, 2012
Sold by
Kinkade Harold D and Kinkade Carolyn
Bought by
Deutsche Bank National Trust Co
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
Letfus Dean -- None Available
Crossover Us 1 Llc $63,000 None Available
Deutsche Bank National Trust Co $76,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kinkade Harold D $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2012 12/28/12 Sold $54,734 +21.6% $34 / Sq Ft
10/23/2012 10/23/12 Pending -- -- --
10/15/2012 10/15/12 For Sale $45,000 -- $28 / 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 $1,531 $51,100 $9,575 $41,525
2024 $1,531 $45,175 $6,650 $38,525
2023 $2,752 $45,175 $6,650 $38,525
2022 $2,752 $45,175 $6,650 $38,525
2021 $2,784 $45,175 $6,650 $38,525
2020 $1,969 $27,175 $6,650 $20,525
2019 $1,969 $27,175 $6,650 $20,525
2018 $1,969 $27,175 $6,650 $20,525
2017 $1,117 $27,175 $6,650 $20,525
2016 $1,093 $25,000 $0 $0
2014 $1,093 $25,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2012

    Georgia Landry

    Trek Property Management

  • Jim Reedy

    Buyer's Agent in 2012

    Jim Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    3 in this area

    423 Total Sales

    Jim Reedy
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3258033

Memphis Area Association of REALTORS®

APN: 06-6059-0-0012

Tennessee Shelby County Memphis 38117 Colonial Acres

1388 Dearing Rd, Memphis, TN

This home is located at 1388 Dearing Rd, Memphis, TN 38117 since 15 October 2012 and is currently estimated at $203,575, approximately $113 per square foot. This property was built in 1987. 1388 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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