NOT LISTED FOR SALE

1407 Flamingo Rd Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $131,000 - $141,875

3 Beds
1 Bath
1,087 Sq Ft
$125/Sq Ft Est. Value

Sale Details

Date Sold: April 15, 2026

Last sale price $132,500 $122 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $823 / mo

Highlights

  • Updated Kitchen
  • Traditional Architecture
  • Screened Porch
  • 0.45 Acre Lot
  • Wood Flooring
  • Brick Veneer

About This Home

As of April 2026

Turnkey investment opportunity in Memphis with immediate rental income. This 3-bedroom, 1-bath home is tenant-occupied at $1,250 per month, making it an ideal addition to any investor’s portfolio. The property features an updated kitchen, newer roof, and a brand-new HVAC unit, reducing major maintenance concerns for the next owner. Inside, the functional layout offers comfortable living spaces, while outside tenants enjoy a large screened-in porch overlooking a fully fenced backyard—perfect for relaxing or entertaining. (All photos have been virtually staged)

Last Agent to Sell the Property

Stephanie Taylor

Sowell, Realtors License #295151 Listed on: 03/13/2026

Last Buyer's Agent

Juan Casem

Crye-Leike Inc., REALTORS License #248712

Crye-Leike Inc., REALTORS

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 19,602 Sq Ft Lot
  • Lot Dimensions are 62x336
  • Wood Fence
  • Level Lot

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Composition Shingle Roof

Interior Spaces

  • 1,087 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Screened Porch
  • Wood Flooring
  • Washer and Dryer Hookup

Kitchen

  • Updated Kitchen
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway

Additional Features

  • Outdoor Storage
  • Central Heating and Cooling System

Community Details

  • Parkside Manor Second Addition Subdivision
  • Property managed by Lubin Property Mang.

Listing and Financial Details

  • Assessor Parcel Number 066001 00013

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

0.45 Acres

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Quince
  • MAAR Subdivision Name: COLONIAL ACRES
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1087
  • Year Built: 1952
  • 55Community: N
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Bedroom 2 Description: Level 1, Hardwood Floor
  • Bedroom 3 Description: Level 1, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 1
  • Equipment: Range/Oven
  • Living Dining Kitchen: LR/DR Combination, Updated/Renovated Kitchen, Pantry, Washer/Dryer Connections
  • P R I M A R Y B E D R O O M: Level 1, Hardwood Floor

Exterior Features

  • Misc Exterior: Storage Building, Screen Porch
  • Exterior Windows: Brick Veneer
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: C1A
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Association/Amenities

  • Management Company: Lubin Property Mang.

Lot Info

  • Lot Description: Level, Wood Fenced
  • Lot Number: 537
  • Acreage: 0.45
  • Lot Size: 62X336
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: 066001 00013

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2026
Closed on
Apr 14, 2026
Sold by
Bought by
Seller's Agent
Stephanie Taylor
Sowell, Realtors
Buyer's Agent
Juan Casem
Crye-Leike Inc., REALTORS
List Price
$139,900
Sold Price
$132,500
Premium/Discount to List
-$7,400
-5.29%
Views
13
Current Estimated Value
$135,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,219
Avg. Annual Appreciation
7.54%

Purchase Details

Listed on
May 29, 2018
Closed on
Jul 16, 2018
Sold by
Bought by
Seller's Agent
Dan Hoffman
KAIZEN Realty, LLC
Buyer's Agent
Thomas Blanche
Northpoint Asset Management, L
List Price
$79,900
Sold Price
$71,000
Premium/Discount to List
-$8,900
-11.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.38%
Original Mortgage
$60,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,840
Interest Rate
6.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,379
Interest Rate
6.9%
Mortgage Type
FHA
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Colonial Acres, TN

  • Ken Cannon Real Estate Agent - Crye-Leike of MS, Inc.

    Ken Cannon

    Crye-Leike of MS, Inc.

    (901) 509-9724

    145 Total Sales

    1 in Colonial Acres

    $118,000 Price

    Ken Cannon
     Section Image
  • Thomas Henze Real Estate Agent - Hobson, REALTORS

    Thomas Henze

    Hobson, REALTORS

    (901) 519-3199

    44 Total Sales

    1 in Colonial Acres

    $193,000 Price

    Thomas Henze
     Section Image
  • Dylan Johnson Real Estate Agent - 901, REALTORS

    Dylan Johnson

    901, REALTORS

    (209) 618-2818

    110 Total Sales

    6 in Colonial Acres

    $102K - $290K Price Range

    Dylan Johnson
     Section Image
  • Valencia Gathwright Real Estate Agent - Keller Williams

    Valencia Gathwright

    Keller Williams

    (901) 350-4332

    89 Total Sales

    1 in Colonial Acres

    $185,000 Price

    Valencia Gathwright
     Section Image
  • Patrecia Goldstein Real Estate Agent - Crye-Leike, Inc., REALTORS

    Patrecia Goldstein

    Crye-Leike, Inc., REALTORS

    (901) 979-2143

    74 Total Sales

    8 in Colonial Acres

    $110K - $280K Price Range

    Patrecia Goldstein
     Section Image
  • Randell Richmond Real Estate Agent - eXp Realty, LLC

    Randell Richmond

    eXp Realty, LLC

    (580) 232-7340

    69 Total Sales

    1 in Colonial Acres

    $159,900 Price

    Randell Richmond
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$132,500 None Listed On Document
$71,000 Fidelity Title & Escrowq
$82,300 None Available
$72,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $60,000
Previous Owner $65,840
Previous Owner $71,379
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/15/2026 04/15/26 Sold $132,500 -5.3% $122 / Sq Ft
03/13/2026 03/13/26 Pending -- -- --
03/13/2026 03/13/26 For Sale $139,900 +97.0% $129 / Sq Ft
07/16/2018 07/16/18 Sold $71,000 -11.1% $71 / Sq Ft View Prior Sale
05/29/2018 05/29/18 For Sale $79,900 -- $80 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $927 $34,450 $8,000 $26,450
2024 $999 $29,475 $4,425 $25,050
2023 $1,796 $29,475 $4,425 $25,050
2022 $1,796 $29,475 $4,425 $25,050
2021 $1,017 $29,475 $4,425 $25,050
2020 $1,147 $15,825 $4,425 $11,400
2019 $506 $15,825 $4,425 $11,400
2018 $506 $15,825 $4,425 $11,400
2017 $518 $15,825 $4,425 $11,400
2016 $729 $16,675 $0 $0
2014 $729 $16,675 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Stephanie Taylor Real Estate Agent - Sowell, Realtors

    Seller's Agent in 2026

    Stephanie Taylor

    Sowell, Realtors

    (901) 487-7452

    4 in this area

    154 Total Sales

    Stephanie Taylor
    Section Image
  • Juan Casem Real Estate Agent - Crye-Leike

    Buyer's Agent in 2026

    Juan Casem

    Crye-Leike

    (901) 216-5529

    32 in this area

    116 Total Sales

    Juan Casem
    Section Image
  • Dan Hoffman Real Estate Agent - KAIZEN Realty, LLC

    Seller's Agent in 2018

    Dan Hoffman

    KAIZEN Realty, LLC

    (901) 335-9119

    48 Total Sales

    Dan Hoffman
    Section Image
  • Thomas Blanche Real Estate Agent - Northpoint Asset Management, L

    Buyer's Agent in 2018

    Thomas Blanche

    Northpoint Asset Management, L

    (901) 288-9801

    32 Total Sales

    Thomas Blanche
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10216682

Memphis Area Association of REALTORS®

APN: 06-6001-0-0013

Tennessee Shelby County Memphis 38117 Colonial Acres

1407 Flamingo Rd, Memphis, TN

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