NOT LISTED FOR SALE

1506 Hopewell Rd Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $142,000 - $161,000

3 Beds
1 Bath
100-999 Sq Ft
$150/Sq Ft Est. Value

Last Sold January 29, 2018

Last sale price $85,000 $85 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $878/month

Highlights

  • Wood Flooring
  • Den
  • Storage Room
  • Attic
  • Covered Patio or Porch
  • Outdoor Storage

About This Home

As of January 2018

This charming home is nestled in the desirable Colonial Acres neighborhood. This brick home is well cared for and clean. Appliances stay. Hardwood floors throughout.The bath features it's original mid-century modern tile. Beautiful natural light in all rooms, covered back patio, large, easy-care, fenced backyard w/ large storage building . Don't miss this opportunity for you, your family, your college student, your downsizing parent, or your investment portfolio.

Last Agent to Sell the Property

Cindy Leavell

Marx-Bensdorf, REALTORS License #328252 Listed on: 01/09/2018

Last Buyer's Agent

Todd Adams

Keller Williams License #332950

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,013

Year Built

  • Built in 1954

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 60x133
  • Wood Fence
  • Landscaped
  • Few Trees

Home Design

  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 100-999 Sq Ft Home
  • 913 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room
  • Den
  • Storage Room
  • Iron Doors

Kitchen

  • Oven or Range
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Attic

  • Attic Access Panel
  • Pull Down Stairs to Attic

Parking

  • 1 Parking Space
  • Carport
  • Driveway

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Colonial Village A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 066066 00029

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,013

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Ranch
  • Detached Unit Type: General Residential
  • MLS Map #: 759E
  • MAAR Subdivision Name: COLONIAL ACRES
  • List Price Per Sq Ft: 93
  • Number Of Stories: 1
  • Price Per Sq Ft: 93.1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 913
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down
  • Estimated Heated Sq Ft Range: 100-999
  • Bedroom 2 Description: Level 1, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 1, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Hardwood Throughout, Tile
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Refrigerator, Washer, Dryer, Cable Available
  • Living Dining Kitchen: LR/DR Combination, Washer/Dryer Connections
  • Misc Interior: Excl Some Window Treatmnt, Pull Down Attic Stairs, Attic Access
  • Other Rooms: Attic, Storage Room
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Storage Building, Porch, Covered Patio
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1
  • Parking Storage: Driveway/Pad, Storage Room(s)

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central, Gas
  • Security: Dead Bolt Lock(s)
  • Water Sewer: Electric Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Landscaped, Wood Fenced
  • Lot Number: 70
  • Acreage: 0.18
  • Lot Size: 60x133
  • Price Per Acre: 472222

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 066066 00029

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2018
Closed on
Jan 29, 2018
Sold by
Hendrix Stanley Olen and Hendrix Tracy
Bought by
Chism Steve
Seller's Agent
Cindy Leavell
Marx-Bensdorf, REALTORS
Buyer's Agent
Todd Adams
Keller Williams
List Price
$85,000
Sold Price
$85,000
Current Estimated Value
$149,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,778
Avg. Annual Appreciation
7.63%
Original Mortgage
$41,000
Interest Rate
3.94%
Mortgage Type
Commercial
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
Chism Steve $85,000 Edco Title & Closing Svcs In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Chism Steve $41,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2018 01/29/18 Sold $85,000 0.0% $850 / Sq Ft
01/12/2018 01/12/18 Pending -- -- --
01/09/2018 01/09/18 For Sale $85,000 -- $850 / 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 $1,013 $36,000 $8,750 $27,250
2024 $1,013 $29,875 $5,225 $24,650
2023 $1,820 $29,875 $5,225 $24,650
2022 $1,820 $29,875 $5,225 $24,650
2021 $1,841 $29,875 $5,225 $24,650
2020 $1,438 $19,850 $5,225 $14,625
2019 $1,438 $19,850 $5,225 $14,625
2018 $1,438 $19,850 $5,225 $14,625
2017 $745 $18,125 $5,225 $12,900
2016 $734 $16,800 $0 $0
2014 $734 $16,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cindy Leavell

    Seller's Agent in 2018

    Cindy Leavell

    Marx-Bensdorf, REALTORS

    (901) 355-6086

    24 in this area

    55 Total Sales

    Cindy Leavell
    Section Image
  • Todd Adams

    Buyer's Agent in 2018

    Todd Adams

    Keller Williams

    (901) 870-7633

    16 in this area

    118 Total Sales

    Todd Adams
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10018248

Memphis Area Association of REALTORS®

APN: 06-6066-0-0029

Tennessee Shelby County Memphis 38117 Colonial Acres

1506 Hopewell Rd, Memphis, TN

This home is located at 1506 Hopewell Rd, Memphis, TN 38117 since 09 January 2018 and is currently estimated at $149,778, approximately $149 per square foot. This property was built in 1954. 1506 Hopewell 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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