NOT LISTED FOR SALE

1388 Hayne Rd Memphis, TN 38119

Colonial Acres Neighborhood

Estimated Value: $488,000 - $571,000

5 Beds
4 Baths
4,500-4,999 Sq Ft
$108/Sq Ft Est. Value

Last Sold March 16, 2017

Last sale price $225,000 $45 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $3,229/month

Highlights

  • Two Primary Bedrooms
  • 0.5 Acre Lot
  • Living Room with Fireplace
  • Updated Kitchen
  • Two Primary Bathrooms
  • Traditional Architecture

About This Home

As of March 2017

Appraised for $400k 12/12/16. You must see this 4,889 square foot home in the coveted Sea Isle Park neighborhood of East Memphis. This is a true split-level home. Walk into the main level where the living room, dining room and kitchen are located. Take a few steps down to enter the massive great room, huge bonus room and a bedroom with full bath. There are two masters upstairs in addition to 2 more bedrooms with a shared bath. All rooms in this home are big, including the laundry room.

Last Agent to Sell the Property

Stephanie Cobb

Bridge Realty Memphis License #326704 Listed on: 12/27/2016

Last Buyer's Agent

Eleanore Maynard

Hobson, REALTORS License #338129

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,415

Year Built

  • Built in 1963

Lot Details

  • 0.5 Acre Lot
  • Corner Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Split Level Home
  • Composition Shingle Roof

Interior Spaces

  • 4,500-4,999 Sq Ft Home
  • 4,889 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Den with Fireplace
  • Bonus Room
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Double Oven
  • Cooktop
  • Dishwasher

Flooring

  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Upstairs
  • Double Master Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Two Primary Bathrooms
  • 4 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Parking

  • 2 Car Detached Garage
  • Side Facing Garage
  • Driveway

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • Rolling Oaks Re Subdivision

Listing and Financial Details

  • Assessor Parcel Number 067073 00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,415

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional, Split Level
  • Detached Unit Type: General Residential
  • MLS Map #: 759D
  • MAAR Subdivision Name: YORKSHIRE
  • List Price Per Sq Ft: 61
  • Number Of Stories: 2
  • Price Per Sq Ft: 46.02
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 4889
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Up, Two Primaries, 2 Full Primary Baths, Full Bath Down
  • Estimated Heated Sq Ft Range: 4500-4999
  • Bedroom 2 Description: Level 2, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 3 Description: Level 2, Private Full Bath, Smooth Ceiling, Carpet
  • Bedroom 4 Description: Level 2, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 5 Description: Level 1, Private Full Bath, Smooth Ceiling, Carpet
  • Bedrooms: 5
  • Bedrooms Down: 1
  • Fireplace: In Living Room, In Den/Great Room
  • Floors/Ceilings: Part Carpet, Tile, Smooth Ceiling
  • Full Bathrooms: 4
  • Equipment: Range/Oven, Double Oven, Cooktop, Dishwasher, Refrigerator
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Great Room, Updated/Renovated Kitchen, Pantry
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Room, Bonus Room, Entry Hall
  • Total Bathrooms: 4
  • Primary Bathroom Description: Double Sinks, Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 2, Walk-In Closet, Full Bath, Smooth Ceiling, Carpet

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2D
  • Parking Storage: Driveway/Pad, Side-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees, Corner
  • Lot Number: 7
  • Acreage: 0.5
  • Lot Size: 0.5030
  • Price Per Acre: 599800

Multi Family

  • Number Of Rooms: 10

Tax Info

  • Assessor Parcel Number: 067073 00001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2021
Sold by
Tanner Tim and Marsh Tom
Bought by
Kano Brandon and Wakayama Andrea
Current Estimated Value
$541,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,200
Outstanding Balance
$252,483
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$288,895

Purchase Details

Listed on
Dec 27, 2016
Closed on
May 9, 2017
Sold by
Investorit Hayne Llc
Bought by
Tanner Tim
Seller's Agent
Stephanie Cobb
Bridge Realty Memphis
Buyer's Agent
Eleanore Maynard
Hobson, REALTORS
List Price
$399,900
Sold Price
$225,000
Premium/Discount to List
-$174,900
-43.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.74%
Original Mortgage
$364,000
Interest Rate
4.02%

Purchase Details

Listed on
Dec 27, 2016
Closed on
Mar 16, 2017
Sold by
Investorit Hayne Llc
Bought by
Marsh Tom and Tanner Tim
Seller's Agent
Stephanie Cobb
Bridge Realty Memphis
Buyer's Agent
Eleanore Maynard
Hobson, REALTORS
List Price
$399,900
Sold Price
$225,000
Premium/Discount to List
-$174,900
-43.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
4.02%
Source: Public Records

Range of Values:

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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
Kano Brandon $429,000 None Available
Tanner Tim -- --
Marsh Tom $225,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kano Brandon $343,200
Previous Owner Tanner Tim $364,000
Previous Owner Tanner Tim --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2017 03/16/17 Sold $225,000 -43.7% $50 / Sq Ft
02/07/2017 02/07/17 Pending -- -- --
12/27/2016 12/27/16 For Sale $399,900 -- $89 / 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 $4,415 $141,650 $18,275 $123,375
2024 $4,415 $130,250 $12,675 $117,575
2023 $7,934 $130,250 $12,675 $117,575
2022 $7,806 $123,225 $12,675 $110,550
2021 $4,251 $123,225 $12,675 $110,550
2020 $6,652 $91,800 $12,675 $79,125
2019 $2,934 $91,800 $12,675 $79,125
2018 $2,934 $91,800 $12,675 $79,125
2017 $3,003 $91,800 $12,675 $79,125
2016 $3,799 $86,925 $0 $0
2014 $3,799 $86,925 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2017

    Stephanie Cobb

    Bridge Realty Memphis

    Section Image
  • Eleanore Maynard

    Buyer's Agent in 2017

    Eleanore Maynard

    Hobson, REALTORS

    (901) 219-1905

    10 in this area

    85 Total Sales

    Eleanore Maynard
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9992625

Memphis Area Association of REALTORS®

APN: 06-7073-0-0001

Tennessee Shelby County Memphis 38119 Colonial Acres

1388 Hayne Rd, Memphis, TN

This home is located at 1388 Hayne Rd, Memphis, TN 38119 since 27 December 2016 and is currently estimated at $541,378, approximately $108 per square foot. This property was built in 1963. 1388 Hayne 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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