NOT LISTED FOR SALE

1507 Merrycrest Dr Memphis, TN 38111

Colonial Acres Neighborhood

Estimated Value: $104,000 - $127,000

3 Beds
1 Bath
1,000-1,199 Sq Ft
$94/Sq Ft Est. Value

Last Sold October 07, 2021

Last sale price $84,900 $71 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $619/month

1 Day on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Attached Garage
  • Wood Flooring
  • Some Wood Windows
  • Eat-In Kitchen

About This Home

As of October 2021

Great Investment Property! 3 Bedroom 1 Bath home available!

Last Agent to Sell the Property

Jeff Goff

Keller Williams License #291715 Listed on: 09/16/2021

Keller Williams

Co-Listed By

Jennifer Smith

Keller Williams License #289818

Last Buyer's Agent

Juan Casem

Crye-Leike Inc., REALTORS License #248712

Crye-Leike Inc., REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1953

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 65x80
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Composition Shingle Roof
  • Stone Exterior Construction

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,098 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Separate Formal Living Room
  • Dining Room
  • Wood Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • Attached Garage
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Cherry Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 058149 00015

Home Details

Home Type

Single Family

Year Built

Built in 1953

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: CHERRY GARDENS
  • List Price Per Sq Ft: 77
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1098
  • Year Built: 1953
  • 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
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Eat-In Kitchen
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Exterior Windows: Brick Veneer, Wood/Composition, Stone
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Parking Display: 0A
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 98
  • Acreage: 0.19
  • Lot Size: 65X80

Tax Info

  • Assessor Parcel Number: 058149 00015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2021
Closed on
Oct 6, 2021
Sold by
Benton Tim and Benton Aurora Marie
Bought by
Porter Ray
Seller's Agent
Jeff Goff
Keller Williams
Buyer's Agent
Juan Casem
Crye-Leike Inc., REALTORS
List Price
$84,900
Sold Price
$84,900
Current Estimated Value
$112,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,503
Avg. Annual Appreciation
6.54%

Purchase Details

Closed on
Jan 8, 2019
Sold by
Simon Jason and Simon Janine
Bought by
Benton Tim and Benton Aurora

Purchase Details

Closed on
Jun 28, 2013
Sold by
First Premier Properties Llc
Bought by
Simon Jason and Simon Janine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,750
Interest Rate
3.79%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Apr 26, 2012
Closed on
Aug 6, 2012
Sold by
Mckay Damon
Bought by
First Premier Properties Llc
Seller's Agent
Elizabeth Glosson
Fast Track Realty, LLC
Buyer's Agent
Nick Spangenberg
First Premier Properties, LLC
List Price
$30,000
Sold Price
$25,000
Premium/Discount to List
-$5,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.65%

Purchase Details

Listed on
Apr 26, 2012
Closed on
Jul 26, 2012
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Mckay Damon
Seller's Agent
Elizabeth Glosson
Fast Track Realty, LLC
Buyer's Agent
Nick Spangenberg
First Premier Properties, LLC
List Price
$30,000
Sold Price
$25,000
Premium/Discount to List
-$5,000
-16.67%

Purchase Details

Closed on
Jan 6, 2009
Sold by
Galloway Jameel H
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Apr 25, 2002
Sold by
Andreini Annette J
Bought by
Galloway Jameel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,017
Interest Rate
7.18%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Porter Ray $84,900 None Available
Benton Tim $40,000 None Available
Simon Jason $45,750 Baymark Title And Escorw Se
First Premier Properties Llc -- Baymark Title & Escrow Servi
Mckay Damon $25,000 None Available
Secretary Of Housing & Urban Development $62,940 None Available
Galloway Jameel $61,500 Realty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Simon Jason $45,750
Previous Owner Galloway Jameel $61,017
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/07/2021 10/07/21 Sold $84,900 0.0% $85 / Sq Ft
09/17/2021 09/17/21 Pending -- -- --
09/16/2021 09/16/21 For Sale $84,900 +239.6% $85 / Sq Ft
07/26/2012 07/26/12 Sold $25,000 -16.7% $25 / Sq Ft View Prior Sale
07/16/2012 07/16/12 Pending -- -- --
04/26/2012 04/26/12 For Sale $30,000 -- $30 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $488 $27,600 $5,000 $22,600
2024 $488 $14,400 $2,825 $11,575
2023 $877 $14,400 $2,825 $11,575
2022 $877 $14,400 $2,825 $11,575
2021 $391 $14,400 $2,825 $11,575
2020 $938 $12,950 $2,600 $10,350
2019 $414 $12,950 $2,600 $10,350
2018 $414 $12,950 $2,600 $10,350
2017 $424 $12,950 $2,600 $10,350
2016 $557 $12,750 $0 $0
2014 $557 $12,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeff Goff

    Seller's Agent in 2021

    Jeff Goff

    Keller Williams

    (901) 461-8830

    9 in this area

    151 Total Sales

    Jeff Goff
    Section Image

  • J

    Seller Co-Listing Agent in 2021

    Jennifer Smith

    Keller Williams

    (901) 461-8830

    2 in this area

    295 Total Sales

    Jennifer Smith
    Section Image
  • Juan Casem

    Buyer's Agent in 2021

    Juan Casem

    Crye-Leike

    (901) 216-5529

    41 in this area

    131 Total Sales

    Juan Casem
    Section Image
  • Elizabeth Glosson

    Seller's Agent in 2012

    Elizabeth Glosson

    Fast Track Realty, LLC

    (901) 336-8103

    10 in this area

    196 Total Sales

    Elizabeth Glosson
    Section Image
  • Greg Glosson

    Seller Co-Listing Agent in 2012

    Greg Glosson

    Fast Track Realty, LLC

    (901) 550-3633

    3 in this area

    13 Total Sales

    Greg Glosson
    Section Image

  • N

    Buyer's Agent in 2012

    Nick Spangenberg

    First Premier Properties, LLC

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10108819

Memphis Area Association of REALTORS®

APN: 05-8149-0-0015

Tennessee Shelby County Memphis 38111 Colonial Acres

1507 Merrycrest Dr, Memphis, TN

Not Listed for Sale

Detached

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