NOT LISTED FOR SALE

1399 Vera Cruz St Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $261,000 - $285,796

3 Beds
2 Baths
1,400-1,599 Sq Ft
$171/Sq Ft Est. Value

Last Sold April 27, 2023

Last sale price $289,000 $181 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,631/month

50 Days on Market

Highlights

  • Updated Kitchen
  • Wood Flooring
  • Sun or Florida Room
  • Traditional Architecture
  • Bonus Room
  • 4-minute walk to Sea Isle Park

About This Home

As of April 2023

Adorable 3 bedroom, 2 bath brick home in sought after area. Open Floor Plan. Hardwood and Tile Floors. Living Room/Dining Room Combo. Updated kitchen with granite counters and tile floors has been opened up to the den with both overlooking a generous sun/bonus room. Bonus room has a separate heat/cooling system. New Pella Windows. Roof 2013. HVAC 2015. Walking distance to Sea Isle Elementary School & Sea Isle Park. Exterior Brick Painted. Large Workshop in the backyard.

Last Agent to Sell the Property

Kim Rasche

KAIZEN Realty, LLC License #311607 Listed on: 03/01/2023

KAIZEN Realty, LLC

Co-Listed By

Dennis Rasche

KAIZEN Realty, LLC License #309207

Last Buyer's Agent

Teresa Coop

Coldwell Banker Collins-Maury License #304643

Coldwell Banker Collins-Maury

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,671

Year Built

  • Built in 1956

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 65x147
  • Chain Link Fence
  • Landscaped
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,501 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Great Room
  • Breakfast Room
  • Den
  • Bonus Room
  • Sun or Florida Room
  • Storage Room
  • Laundry closet
  • Pull Down Stairs to Attic

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Home Security

  • Fire and Smoke Detector
  • Iron Doors

Parking

  • 1 Parking Space
  • Carport
  • Workshop in Garage
  • Driveway

Outdoor Features

  • Separate Outdoor Workshop
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Country Club Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 067044 00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,671

Year Built

Built in 1956

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: 193
  • Number Of Stories: 1
  • Price Per Sq Ft: 192.54
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1501
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Sun Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 1, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Tile, Smooth Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Dishwasher, Cable Wired
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Great Room, LR/DR Combination, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Separate Breakfast Room
  • Misc Interior: Pull Down Attic Stairs, Smoke Detector(s)
  • Other Rooms: Laundry Closet, Bonus Room
  • Total Bathrooms: 2
  • Primary Bathroom Description: Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Full Bath, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Storage Building, Storage, Workshop
  • Exterior Windows: Brick Veneer
  • Foundation: Slab

Garage/Parking

  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1
  • Parking Storage: Driveway/Pad, Storage Room(s), Workshop(s)

Utilities

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

Lot Info

  • Lot Description: Some Trees, Level, Landscaped, Chain Fenced
  • Lot Number: 757
  • Acreage: 0.22
  • Lot Size: 65X147
  • Price Per Acre: 1313636

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 067044 00009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2023
Closed on
Apr 27, 2023
Sold by
Sprau Daniel E and Sprau Kathleen A
Bought by
Kelly Jacob M
Seller's Agent
Kim Rasche
KAIZEN Realty, LLC
Buyer's Agent
Teresa Coop
Coldwell Banker Collins-Maury
List Price
$289,000
Sold Price
$289,000
Views
53
Current Estimated Value
$273,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,301
Avg. Annual Appreciation
-2.32%
Original Mortgage
$239,000
Outstanding Balance
$233,147
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$40,552

Purchase Details

Closed on
May 20, 1999
Sold by
Mitchell Steven W and Mitchell Ellen R
Bought by
Sprau Daniel E and Sprau Kathleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,944
Interest Rate
6.84%
Mortgage Type
FHA
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
Kelly Jacob M $289,000 Mid South Title Services
Sprau Daniel E $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly Jacob M $239,000
Previous Owner Sprau Daniel E $122,000
Previous Owner Sprau Daniel E $117,001
Previous Owner Sprau Daniel E $105,600
Previous Owner Sprau Daniel E $109,944
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2023 04/27/23 Sold $289,000 0.0% $206 / Sq Ft
03/01/2023 03/01/23 For Sale $289,000 -- $206 / 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 $1,671 $69,025 $10,125 $58,900
2024 $1,671 $49,300 $7,800 $41,500
2023 $3,003 $49,300 $7,800 $41,500
2022 $1,671 $49,300 $7,800 $41,500
2021 $3,038 $49,300 $7,800 $41,500
2020 $2,206 $30,450 $7,800 $22,650
2019 $2,206 $30,450 $7,800 $22,650
2018 $2,206 $30,450 $7,800 $22,650
2017 $1,252 $30,450 $7,800 $22,650
2016 $1,334 $30,525 $0 $0
2014 $1,334 $30,525 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2023

    Kim Rasche

    KAIZEN Realty, LLC

    (901) 356-1291

    3 in this area

    54 Total Sales

    Section Image
  • Dennis Rasche

    Seller Co-Listing Agent in 2023

    Dennis Rasche

    KAIZEN Realty, LLC

    (901) 409-6286

    1 in this area

    53 Total Sales

    Section Image

  • T

    Buyer's Agent in 2023

    Teresa Coop

    Coldwell Banker Collins-Maury

    (901) 605-8978

    1 in this area

    57 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10142841

Memphis Area Association of REALTORS®

APN: 06-7044-0-0009

Tennessee Shelby County Memphis 38117 Colonial Acres

1399 Vera Cruz St, Memphis, TN

This home is located at 1399 Vera Cruz St, Memphis, TN 38117 since 01 March 2023 and is currently estimated at $273,699, approximately $171 per square foot. This property was built in 1956. 1399 Vera Cruz St is a home located in Shelby County with nearby schools including Sea Isle Elementary School, Colonial Middle, and Overton High.

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