NOT LISTED FOR SALE

1500 Colonial Rd Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $243,000 - $310,000

5 Beds
4 Baths
3,000-3,199 Sq Ft
$85/Sq Ft Est. Value

Last Sold March 05, 2018

Last sale price $134,900 $42 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $1,533/month

103 Days on Market

Highlights

  • Two Primary Bedrooms
  • Updated Kitchen
  • Colonial Architecture
  • Sitting Area In Primary Bedroom
  • Two Primary Bathrooms
  • Wood Flooring

About This Home

As of March 2018

This is absolutely the most square footage for the money! Large bedroom upstairs as well as downstairs that both have their own bathroom - either could be used as master bedroom. This home has had 3 additions to provide a total of 5 bedrooms and 4 full baths. Brand new roof and exterior woodwork. Convenient location - only 10 minutes from U of M and walking distance from Colonial Middle.

Last Agent to Sell the Property

Tyler Bowman

Weichert, REALTORS-BenchMark License #333215 Listed on: 09/27/2017

Weichert, REALTORS-BenchMark

Last Buyer's Agent

Julianna Craft

Emmett Baird Realty, LLC License #336019

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1954

Lot Details

  • 9,148 Sq Ft Lot
  • Wood Fence
  • Level Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Colonial Architecture
  • Brick Veneer
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 3,000-3,199 Sq Ft Home
  • 3,119 Sq Ft Home
  • 1.5-Story Property
  • Smooth Ceilings
  • Some Wood Windows
  • Separate Formal Living Room
  • Breakfast Room
  • Dining Room
  • Den
  • Washer and Dryer Hookup

Kitchen

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

Flooring

  • Wood
  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • 5 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary bedroom located on second floor
  • Primary Bedroom Upstairs
  • Double Master Bedroom
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet
  • Remodeled Bathroom
  • Two Primary Bathrooms
  • 4 Full Bathrooms

Outdoor Features

  • Patio
  • Outdoor Storage
  • Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Colonial Village A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 066068 00028

Home Details

Home Type

Single Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Colonial
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: COLONIAL ACRES
  • List Price Per Sq Ft: 43
  • Number Of Stories: 1.5
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3119
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Breakfast Room
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Primary Up, Two Primaries, Split Bedroom Plan, Renovated Bathroom, 2 Full Primary Baths, Full Bath Down
  • Estimated Heated Sq Ft Range: 3000-3199
  • Bedroom 2 Description: Level 2, Shared Bath, Carpet
  • Bedroom 3 Description: Level 1, Private Full Bath, Hardwood Floor
  • Bedroom 4 Description: Level 1, Hardwood Floor
  • Bedroom 5 Description: Level 1, Hardwood Floor
  • Bedrooms: 5
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Wood Laminate Floors, Part Carpet, Tile, Smooth Ceiling
  • Full Bathrooms: 4
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave, Cable Available
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Updated/Renovated Kitchen, Separate Breakfast Room, Pantry, Washer/Dryer Connections
  • P R I M A R Y B E D R O O M: Level 1, Level 2, Walk-In Closet, Full Bath, Sitting Area, Hardwood Floor

Exterior Features

  • Misc Exterior: Storage Building, Porch, Patio, On-Site Storage, Wood Fence, Storage, Sidewalks
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees, Level, Wood Fenced
  • Lot Number: 3
  • Acreage: 0.21
  • Lot Size: 0.21 acres

Tax Info

  • Assessor Parcel Number: 066068 00028

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2017
Closed on
Feb 21, 2018
Sold by
Parrish David and Parrish Lynn
Bought by
Taylor Feary L and Taylor Elizabeth
Seller's Agent
Tyler Bowman
Weichert, REALTORS-BenchMark
Buyer's Agent
Julianna Craft
Emmett Baird Realty, LLC
List Price
$134,900
Sold Price
$134,900
Current Estimated Value
$271,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,380
Avg. Annual Appreciation
9.25%
Original Mortgage
$134,900
Outstanding Balance
$114,704
Interest Rate
4.15%
Mortgage Type
VA
Estimated Equity
$156,576

Purchase Details

Listed on
Jul 3, 2012
Closed on
Sep 18, 2012
Sold by
Regions Bank
Bought by
Parrish David and Parrish Lynn
Seller's Agent
Carol Stout
Ware Jones, REALTORS
Buyer's Agent
Jana West
Sowards & Associates, REALTORS
List Price
$99,900
Sold Price
$96,500
Premium/Discount to List
-$3,400
-3.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.33%
Original Mortgage
$85,885
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2011
Sold by
Schuerman Robert and Schuerman Robert T
Bought by
Regions Bank

Purchase Details

Closed on
Oct 26, 2009
Sold by
Prieur Michael W
Bought by
Schuerman Robert T

Purchase Details

Closed on
Sep 26, 2006
Sold by
Schuerman Robert T
Bought by
Prieur Michael W

Purchase Details

Closed on
Dec 3, 2004
Sold by
Household Finance Corp
Bought by
Schuerman Robert T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,600
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2004
Sold by
Denman Michael F and Denman Susan L
Bought by
Household Finance Corp
Source: Public Records

Range of Values:

--
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 Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Taylor Feary L $134,900 None Available
Parrish David $96,500 Memphis Title Company
Regions Bank $48,418 None Available
Schuerman Robert T -- Baymark Title & Escrow Servi
Prieur Michael W -- Title & Escrow Services
Schuerman Robert T $89,300 --
Household Finance Corp $122,360 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taylor Feary L $134,900
Previous Owner Parrish David $85,885
Previous Owner Schuerman Robert T $77,600
Closed Schuerman Robert T $14,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/05/2018 03/05/18 Sold $134,900 0.0% $45 / Sq Ft
01/08/2018 01/08/18 Pending -- -- --
09/27/2017 09/27/17 For Sale $134,900 +39.8% $45 / Sq Ft
09/18/2012 09/18/12 Sold $96,500 -3.4% $32 / Sq Ft View Prior Sale
08/21/2012 08/21/12 Pending -- -- --
07/03/2012 07/03/12 For Sale $99,900 -- $33 / 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 $1,488 $65,000 $7,875 $57,125
2024 $1,488 $43,900 $4,700 $39,200
2023 $2,674 $43,900 $4,700 $39,200
2022 $2,674 $43,900 $4,700 $39,200
2021 $2,706 $43,900 $4,700 $39,200
2020 $2,462 $33,975 $4,700 $29,275
2019 $2,462 $33,975 $4,700 $29,275
2018 $2,462 $33,975 $4,700 $29,275
2017 $1,396 $33,975 $4,700 $29,275
2016 $1,428 $32,675 $0 $0
2014 $1,428 $32,675 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tyler Bowman

    Seller's Agent in 2018

    Tyler Bowman

    Weichert, REALTORS-BenchMark

    (901) 517-8564

    2 in this area

    104 Total Sales

    Tyler Bowman
    Section Image
  • Julianna Craft

    Buyer's Agent in 2018

    Julianna Craft

    Emmett Baird Realty, LLC

    (901) 826-4569

    73 Total Sales

    Julianna Craft
    Section Image
  • Carol Stout

    Seller's Agent in 2012

    Carol Stout

    Ware Jones, REALTORS

    (901) 652-4517

    1 in this area

    25 Total Sales

    Carol Stout
    Section Image

  • J

    Buyer's Agent in 2012

    Jana West

    Sowards & Associates, REALTORS

    (901) 581-1262

    6 in this area

    54 Total Sales

    Jana West
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10012310

Memphis Area Association of REALTORS®

APN: 06-6068-0-0028

Tennessee Shelby County Memphis 38117 Colonial Acres

1500 Colonial Rd, Memphis, TN

Not Listed for Sale

Detached

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