NOT LISTED FOR SALE

1507 Wilbec Rd Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $228,000 - $263,000

3 Beds
1.5 Baths
1,770 Sq Ft
$141/Sq Ft Est. Value

Last Sold April 28, 2016

Last sale price $120,000 $68 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $1,500/month

8 Days on Market

Highlights

  • Updated Kitchen
  • Traditional Architecture
  • Separate Formal Living Room
  • Landscaped Professionally
  • Wood Flooring
  • Den with Fireplace

About This Home

As of April 2016

3 bedrooms 1 and 1/2 baths , large den with fireplace, updated bath and kitchen. Roof, Central Air and Heat about 7 years old, Hardwood Floors throughout home. Covered patio for your outdoor enjoyment. 1 car carport with circular drive. 1 year AHS Home Warranty

Last Agent to Sell the Property

Jim Duke

Crye-Leike, Inc., REALTORS License #201303 Listed on: 03/14/2016

Crye-Leike, Inc., REALTORS

Co-Listed By

Dana Whitworth

Crye-Leike, Inc., REALTORS License #332777

Last Buyer's Agent

Thomas Henze

Hobson, REALTORS License #320931

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,749

Year Built

  • Built in 1955

Lot Details

  • 9,148 Sq Ft Lot
  • Wood Fence
  • Chain Link Fence
  • Landscaped Professionally
  • Level Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,770 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Factory Built Fireplace
  • Some Wood Windows
  • Window Treatments
  • Separate Formal Living Room
  • Dining Room
  • Den with Fireplace
  • Pull Down Stairs to Attic

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Monitored
  • Termite Clearance
  • Iron Doors

Parking

  • 1 Car Attached Garage
  • Circular Driveway

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Community Details

  • Country Club Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 067025 00011

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,749

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Quince
  • MLS Map #: 759B
  • MAAR Subdivision Name: COLONIAL ACRES
  • List Price Per Sq Ft: 66
  • Number Of Stories: 1
  • Price Per Sq Ft: 67.8
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1770
  • Termite Contract: Yes
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Renovated Bathroom, Half Bath Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Prefabricated, In Den/Great Room
  • Floors/Ceilings: Hardwood Throughout, Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Cooktop, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Cable Wired
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Updated/Renovated Kitchen
  • Misc Interior: Excl Some Window Treatmnt, Walk-In Closet(s), Pull Down Attic Stairs
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room
  • Total Bathrooms: 1.1
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Half Bath, Tile Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Covered Patio
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Number Covered Parking Spaces: 1
  • Parking Display: 1A
  • Parking Storage: Driveway/Pad, Circular Drive

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central, Gas
  • Security: Burglar Alarm, Monitored Alarm System, Iron Door(s)
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Level, Professionally Landscaped, Wood Fenced, Chain Fenced
  • Lot Number: 425
  • Acreage: 0.21
  • Lot Size: .21 acre
  • Price Per Acre: 559524

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 067025 00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2016
Closed on
Apr 28, 2016
Sold by
Faherty Christopher
Bought by
Parker William A
Seller's Agent
Jim Duke
Crye-Leike, Inc., REALTORS
Buyer's Agent
Thomas Henze
Hobson, REALTORS
List Price
$117,500
Sold Price
$120,000
Premium/Discount to List
$2,500
2.13%
Current Estimated Value
$250,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,347
Avg. Annual Appreciation
8.17%
Original Mortgage
$103,785
Outstanding Balance
$82,736
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$167,611

Purchase Details

Closed on
Jul 5, 2002
Sold by
Barden James T and Barden Lisa M
Bought by
Faherty Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,247
Interest Rate
6.27%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 28, 2000
Sold by
Able Trust Reaves Will N And Odell C Reaves R and James Judy Jacobs
Bought by
Barden James T and Barden Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,400
Interest Rate
8.63%
Source: Public Records

Range of Values:

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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
Parker William A $120,000 None Available
Faherty Christopher $96,000 First American Title Ins Co
Barden James T $93,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parker William A $103,785
Previous Owner Faherty Christopher $100,000
Previous Owner Faherty Christopher $95,247
Previous Owner Barden James T $74,400
Previous Owner Will Neese & Odell Cole Reaves Revocable $20,363
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2016 04/28/16 Sold $120,000 +2.1% $68 / Sq Ft
03/22/2016 03/22/16 Pending -- -- --
03/14/2016 03/14/16 For Sale $117,500 -- $66 / 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 $1,749 $69,550 $11,250 $58,300
2024 $1,749 $51,600 $7,050 $44,550
2023 $3,143 $51,600 $7,050 $44,550
2022 $3,143 $51,600 $7,050 $44,550
2021 $3,180 $51,600 $7,050 $44,550
2020 $2,192 $30,250 $7,050 $23,200
2019 $2,192 $30,250 $7,050 $23,200
2018 $2,192 $30,250 $7,050 $23,200
2017 $1,243 $30,250 $7,050 $23,200
2016 $1,223 $27,975 $0 $0
2014 $1,223 $27,975 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jim Duke

    Crye-Leike, Inc., REALTORS

    Section Image
  • Dana Whitworth

    Seller Co-Listing Agent in 2016

    Dana Whitworth

    Crye-Leike

    (901) 734-3771

    3 in this area

    122 Total Sales

    Dana Whitworth
    Section Image
  • Thomas Henze

    Buyer's Agent in 2016

    Thomas Henze

    Hobson, REALTORS

    (901) 833-8419

    3 in this area

    48 Total Sales

    Thomas Henze
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9972643

Memphis Area Association of REALTORS®

APN: 06-7025-0-0011

Tennessee Shelby County Memphis 38117 Colonial Acres

1507 Wilbec Rd, Memphis, TN

This home is located at 1507 Wilbec Rd, Memphis, TN 38117 since 14 March 2016 and is currently estimated at $250,347, approximately $141 per square foot. This property was built in 1955. 1507 Wilbec 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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