NOT LISTED FOR SALE

1494 Colonial Rd Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $157,000 - $168,000

3 Beds
1 Bath
1,000-1,199 Sq Ft
$134/Sq Ft Est. Value

Sale Details

Date Sold: April 29, 2021

Last sale price $122,000 $102 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $970 / mo

24 Days on Market

Highlights

  • Traditional Architecture
  • Brick Veneer
  • Level Lot
  • Separate Formal Living Room
  • Central Heating
  • 1-Story Property

About This Home

As of April 2021

It's not too often an investment property like this goes on the market! Right in the heart of Colonial Acres, this is a chance like few others! 3-bedrooms, occupied for $695 (market rent is $1,100+). Tax records say it's a 2-bed, but the management company has confirmed 3! Some information is unknown and must be confirmed by Buyer; buyer to confirm all facts prior to closing. Do not disturb tenant; no inspections until accepted contract.  No assignable offers; they will be rejected.

Last Agent to Sell the Property

Randall Weatherall

Memphis Metro Realty License #348070 Listed on: 03/30/2021

Last Buyer's Agent

Juan Casem

Crye-Leike Inc., REALTORS License #248712

Crye-Leike Inc., REALTORS

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1954

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 70x110
  • Chain Link Fence
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Composition Shingle Roof

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,042 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Pull Down Stairs to Attic

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Home Security

  • Fire and Smoke Detector
  • Iron Doors

Parking

  • 1 Parking Space
  • Carport
  • Driveway

Utilities

  • Window Unit Cooling System
  • Central Heating
  • Gas Water Heater

Community Details

  • Colonial Village A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 066068 00029

Home Details

Home Type

Single Family

Year Built

Built in 1954

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: COLONIAL ACRES
  • List Price Per Sq Ft: 153
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1042
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 3
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room
  • Misc Interior: Pull Down Attic Stairs, Smoke Detector(s)

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Chain Fence
  • Exterior Windows: Brick Veneer
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Window Unit(s)
  • Heating: Central
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 2
  • Acreage: 0.17
  • Lot Size: 70X110

Tax Info

  • Assessor Parcel Number: 066068 00029

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 30, 2021
Closed on
Apr 29, 2021
Sold by
Bought by
Seller's Agent
Randall Weatherall
Memphis Metro Realty
Buyer's Agent
Juan Casem
Crye-Leike Inc., REALTORS
List Price
$159,900
Sold Price
$122,000
Premium/Discount to List
-$37,900
-23.7%
Current Estimated Value
$160,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,910
Avg. Annual Appreciation
5.40%
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

  • Charles Harris Real Estate Agent - Coldwell Banker Collins-Maury

    Charles Harris

    Coldwell Banker Collins-Maury

    (901) 450-5570

    96 Total Sales

    4 in Colonial Acres

    $113K - $260K Price Range

    Charles Harris
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  • Samiha Alward Real Estate Agent - Keller Williams

    Samiha Alward

    Keller Williams

    (662) 506-6150

    125 Total Sales

    1 in Colonial Acres

    $170,000 Price

    Samiha Alward
     Section Image
  • Christine DeColli Real Estate Agent - Marx-Bensdorf, REALTORS

    Christine DeColli

    Marx-Bensdorf, REALTORS

    (901) 446-2689

    32 Total Sales

    2 in Colonial Acres

    $120K - $218K Price Range

    Christine DeColli
     Section Image
  • Vivian Denogean Real Estate Agent - Fast Track Realty, LLC

    Vivian Denogean

    Responds Quickly

    Fast Track Realty, LLC

    (901) 479-1341

    105 Total Sales

    1 in Colonial Acres

    $150,000 Price

    Vivian Denogean
     Section Image
  • Margie Oneal Real Estate Agent - REMAX Experts

    Margie Oneal

    REMAX Experts

    (901) 441-9363

    63 Total Sales

    1 in Colonial Acres

    $225,000 Price

    Margie Oneal
     Section Image
  • Heath West Real Estate Agent - Crye-Leike, Inc., REALTORS

    Heath West

    Crye-Leike, Inc., REALTORS

    (901) 441-5062

    66 Total Sales

    1 in Colonial Acres

    $268,042 Price

    Heath West
     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
$122,000 Local Title Llc
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
04/29/2021 04/29/21 Sold $122,000 -23.7% $122 / Sq Ft
04/23/2021 04/23/21 Pending -- -- --
03/30/2021 03/30/21 For Sale $159,900 -- $160 / 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 $1,031 $38,325 $7,875 $30,450
2024 $923 $27,225 $4,700 $22,525
2023 $1,658 $27,225 $4,700 $22,525
2022 $1,658 $27,225 $4,700 $22,525
2021 $939 $27,225 $4,700 $22,525
2020 $1,373 $18,950 $4,700 $14,250
2019 $606 $18,950 $4,700 $14,250
2018 $606 $18,950 $4,700 $14,250
2017 $620 $18,950 $4,700 $14,250
2016 $801 $18,325 $0 $0
2014 $801 $18,325 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Randall Weatherall Real Estate Agent - Memphis Metro Realty

    Seller's Agent in 2021

    Randall Weatherall

    Memphis Metro Realty

    (731) 487-5843

    9 in this area

    183 Total Sales

    Randall Weatherall
    Section Image
  • Juan Casem Real Estate Agent - Crye-Leike

    Buyer's Agent in 2021

    Juan Casem

    Crye-Leike

    (901) 216-5529

    32 in this area

    116 Total Sales

    Juan Casem
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10096326

Memphis Area Association of REALTORS®

APN: 06-6068-0-0029

Tennessee Shelby County Memphis 38117 Colonial Acres

1494 Colonial Rd, Memphis, TN

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