NOT LISTED FOR SALE

1487 Marcia Rd Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $190,000 - $195,000

3 Beds
1 Bath
1,400-1,599 Sq Ft
$120/Sq Ft Est. Value

Last Sold March 06, 2018

Last sale price $107,500 $67 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $1,134/month

Highlights

  • Deck
  • Wood Flooring
  • Separate Formal Living Room
  • Traditional Architecture
  • Attic
  • Den with Fireplace

About This Home

As of March 2018

Perfect for investors or first-time buyers! Lots of room in this 3 bedroom, 1 bath home. Formal living/dining room, galley kitchen and large den. Hardwood, tile. Large corner lot with deck, fenced. 2-car carport.

Last Agent to Sell the Property

Diane Peterson

Keller Williams License #277676 Listed on: 01/31/2018

Keller Williams

Co-Listed By

Bob Peterson

Keller Williams License #278135

Last Buyer's Agent

Justin Yarbrough

JASCO Realty License #322421

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,147

Year Built

  • Built in 1953

Lot Details

  • 0.31 Acre Lot
  • Chain Link Fence
  • Landscaped
  • Level Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,420 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace Features Masonry
  • Some Wood Windows
  • Window Treatments
  • Separate Formal Living Room
  • Dining Room
  • Den with Fireplace
  • Storage Room
  • Washer and Dryer Hookup
  • Pull Down Stairs to Attic
  • Home Security System

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Carport

Outdoor Features

  • Deck

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • 220 Volts

Community Details

  • Parkside Manor First Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 066053 00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,147

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 759E
  • MAAR Subdivision Name: COLONIAL ACRES
  • List Price Per Sq Ft: 70
  • Number Of Stories: 1
  • Price Per Sq Ft: 75.7
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1420
  • Year Built: 1953
  • 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, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1, Shared Bath, Hardwood Floor
  • Bedroom 3 Description: Level 1, Shared Bath, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Masonry, In Den/Great Room
  • Floors/Ceilings: Hardwood Throughout, Tile, Vinyl Floor
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Self Cleaning Oven, Disposal, Dishwasher, Microwave
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Pantry, W/D Connection in Kitchen
  • Misc Interior: All Window Treatments, Pull Down Attic Stairs, Security System
  • Number Of Fireplaces: 1
  • Other Rooms: Attic
  • Total Bathrooms: 1
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Hardwood Floor

Exterior Features

  • Misc Exterior: Deck, Chain Fence
  • Exterior Windows: Brick Veneer, Wood Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking Display: C2
  • Parking Storage: Storage Room(s)

Utilities

  • Cooling: Central, Ceiling Fan(s), 220 Wiring
  • Heating: Central, Gas
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Level, Landscaped, Chain Fenced
  • Lot Number: 198
  • Acreage: 0.31
  • Lot Size: 0.31
  • Price Per Acre: 319355

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 066053 00009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2018
Closed on
Feb 26, 2018
Sold by
Isbell Leslie A
Bought by
Smith Jonathan Michael
Seller's Agent
Diane Peterson
Keller Williams
Buyer's Agent
Justin Yarbrough
JASCO Realty
List Price
$99,000
Sold Price
$107,500
Premium/Discount to List
$8,500
8.59%
Current Estimated Value
$192,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,524
Avg. Annual Appreciation
8.27%
Original Mortgage
$105,748
Outstanding Balance
$91,454
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$103,975

Purchase Details

Closed on
Jul 14, 1999
Sold by
Walker Jennifer E
Bought by
Isbell Leslie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,305
Interest Rate
7.43%

Purchase Details

Closed on
Nov 24, 1998
Sold by
Saulters Christopher C and Saulters Carrie
Bought by
Walker Jennifer E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,660
Interest Rate
6.95%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 26, 1996
Sold by
Gardner Giordano Wanda L
Bought by
Saulters Christopher Clay and Saulters Carrie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,337
Interest Rate
8.36%
Mortgage Type
FHA
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
Smith Jonathan Michael $107,700 Edco Title & Closing Svcs In
Isbell Leslie A $85,000 Chicago Title
Walker Jennifer E $68,850 --
Saulters Christopher Clay $65,390 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smtih Jonathon Michael $105,748
Closed Smith Jonathan Michael $5,385
Previous Owner Isbell Leslie A $85,384
Previous Owner Isbell Leslie A $84,305
Previous Owner Isbell Leslie A $84,305
Previous Owner Walker Jennifer E $68,660
Previous Owner Saulters Christopher Clay $65,337
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2018 03/06/18 Sold $107,500 +8.6% $77 / Sq Ft
02/06/2018 02/06/18 Pending -- -- --
01/31/2018 01/31/18 For Sale $99,000 -- $71 / 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 $1,147 $47,325 $7,875 $39,450
2024 $1,147 $33,825 $4,700 $29,125
2023 $2,060 $33,825 $4,700 $29,125
2022 $2,060 $33,825 $4,700 $29,125
2021 $2,085 $33,825 $4,700 $29,125
2020 $1,777 $24,525 $4,700 $19,825
2019 $1,777 $24,525 $4,700 $19,825
2018 $1,777 $24,525 $4,700 $19,825
2017 $945 $23,000 $4,700 $18,300
2016 $1,093 $25,000 $0 $0
2014 $1,093 $25,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Diane Peterson

    Seller's Agent in 2018

    Diane Peterson

    Keller Williams

    (901) 860-4424

    68 Total Sales

    Diane Peterson
    Section Image

  • B

    Seller Co-Listing Agent in 2018

    Bob Peterson

    Keller Williams

    Section Image
  • Justin Yarbrough

    Buyer's Agent in 2018

    Justin Yarbrough

    JASCO Realty

    (901) 258-6765

    4 in this area

    79 Total Sales

    Justin Yarbrough
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10019470

Memphis Area Association of REALTORS®

APN: 06-6053-0-0009

Tennessee Shelby County Memphis 38117 Colonial Acres

1487 Marcia Rd, Memphis, TN

This home is located at 1487 Marcia Rd, Memphis, TN 38117 since 31 January 2018 and is currently estimated at $192,024, approximately $120 per square foot. This property was built in 1953. 1487 Marcia 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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