NOT LISTED FOR SALE

1407 Ivy Rd Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $219,000 - $255,000

3 Beds
1 Bath
1,000-1,199 Sq Ft
$194/Sq Ft Est. Value

Last Sold August 16, 2021

Last sale price $220,000 $183 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,335/month

Highlights

  • Updated Kitchen
  • Wood Flooring
  • Laundry Room
  • Traditional Architecture
  • Den
  • Central Heating and Cooling System

About This Home

As of August 2021

Cutest house on a beautiful corner lot! Updated kitchen, bath and beautiful floors! Good closet space and a separate laundry/utility room! Precious front porch for your morning coffee! New roof, new windows and ready for a new owner!

Last Agent to Sell the Property

Medley Ewan

eXp Realty License #324174 Listed on: 07/13/2021

eXp Realty

Last Buyer's Agent

Gabrielle Sehar

KAIZEN Realty, LLC License #354124

KAIZEN Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,181

Year Built

  • Built in 1954

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 86x127
  • Level Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,100 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Den
  • Iron Doors
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Oven or Range
  • Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Remodeled Bathroom
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System

Community Details

  • Colonial Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 066062 00027

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,181

Year Built

Built in 1954

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: 177
  • Number Of Stories: 1
  • Price Per Sq Ft: 200
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1100
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Renovated Bathroom
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Level 2, Hardwood Floor
  • Bedroom 3 Description: Level 1, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Tile
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Cooktop, Dishwasher, Microwave, Refrigerator
  • Living Dining Kitchen: Separate Den, Updated/Renovated Kitchen, Pantry
  • Other Rooms: Laundry Room
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Level 1, Hardwood Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 127
  • Acreage: 0.25
  • Lot Size: 86X127
  • Price Per Acre: 780000

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 066062 00027

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2021
Closed on
Aug 16, 2021
Sold by
Griffith Dana Shah
Bought by
Memphis South 1387 Llc
Seller's Agent
Medley Ewan
eXp Realty
Buyer's Agent
Gabrielle Sehar
KAIZEN Realty, LLC
List Price
$195,000
Sold Price
$220,000
Premium/Discount to List
$25,000
12.82%
Current Estimated Value
$232,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,443
Avg. Annual Appreciation
1.33%
Original Mortgage
$176,000
Outstanding Balance
$160,039
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$72,404

Purchase Details

Closed on
Apr 27, 1998
Sold by
Hamby Bettye Johnson and Reed Mary Sue
Bought by
Griffith Dana Shah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,600
Interest Rate
7.03%

Purchase Details

Closed on
Aug 28, 1997
Sold by
Jones Elizabeth Hamby and Jones Robert M
Bought by
Hamby Bettye Johnson and Reed Mary Sue
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
Memphis South 1387 Llc $220,000 Home Surety T&E Llc
Griffith Dana Shah $67,000 --
Hamby Bettye Johnson $64,606 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Memphis South 1387 Llc $176,000
Previous Owner Griffith Dana Shah $53,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2021 08/16/21 Sold $220,000 +12.8% $220 / Sq Ft
07/14/2021 07/14/21 Pending -- -- --
07/13/2021 07/13/21 For Sale $195,000 -- $195 / 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 $1,181 $60,475 $8,100 $52,375
2024 $1,585 $34,850 $5,625 $29,225
2023 $2,848 $46,750 $5,625 $41,125
2022 $2,848 $46,750 $5,625 $41,125
2021 $2,148 $34,850 $5,625 $29,225
2020 $1,601 $22,100 $5,625 $16,475
2019 $706 $22,100 $5,625 $16,475
2018 $706 $22,100 $5,625 $16,475
2017 $723 $22,100 $5,625 $16,475
2016 $954 $21,825 $0 $0
2014 $954 $21,825 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Medley Ewan

    Seller's Agent in 2021

    Medley Ewan

    eXp Realty

    (901) 496-0276

    3 in this area

    24 Total Sales

    Medley Ewan
    Section Image

  • G

    Buyer's Agent in 2021

    Gabrielle Sehar

    KAIZEN Realty, LLC

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10103894

Memphis Area Association of REALTORS®

APN: 06-6062-0-0027

Tennessee Shelby County Memphis 38117 Colonial Acres

1407 Ivy Rd, Memphis, TN

This home is located at 1407 Ivy Rd, Memphis, TN 38117 since 13 July 2021 and is currently estimated at $232,443, approximately $193 per square foot. This property was built in 1954. 1407 Ivy 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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