NOT LISTED FOR SALE

1512 Welsh Rd Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $157,000 - $191,000

3 Beds
1 Bath
1,423 Sq Ft
$127/Sq Ft Est. Value

Last Sold July 17, 2014

Last sale price $93,000 $65 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $1,046/month

Highlights

  • Updated Kitchen
  • Wood Flooring
  • Great Room
  • Traditional Architecture
  • Separate Formal Living Room
  • Den

About This Home

As of July 2014

Large, bright new kitchen with beautiful custom cabinetry & stainless appliances (15k in upgrades), make cooking & entertaining a joy in this pretty home. The floorplan is open & inviting. Fresh paint throughout. New ac! You will love this home!

Last Agent to Sell the Property

Patricia Nichols

Crye-Leike, Inc., REALTORS License #268906 Listed on: 03/13/2014

Last Buyer's Agent

Brett Faulkner

REMAX Experts License #326232

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,019

Year Built

  • Built in 1961

Lot Details

  • 7,841 Sq Ft Lot
  • Wood Fence
  • Landscaped
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation

Interior Spaces

  • 1,423 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Popcorn or blown ceiling
  • Fireplace Features Masonry
  • Some Wood Windows
  • Window Treatments
  • Great Room
  • Separate Formal Living Room
  • Den
  • Storage Room
  • Laundry Room

Kitchen

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

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Home Security

  • Home Security System
  • Storm Windows
  • Storm Doors

Parking

  • 1 Car Attached Garage
  • Carport
  • Driveway

Outdoor Features

  • Patio
  • Outdoor Storage

Utilities

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

Community Details

  • Colonial Village A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 066065 00030

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,019

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 759E
  • MAAR Subdivision Name: COLONIAL ACRES
  • Freestanding: Yes
  • List Price Per Sq Ft: 70
  • Number Of Stories: 1
  • Price Per Sq Ft: 65.35
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1423
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Full Bath Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedroom 2 Description: Carpet
  • Bedroom 3 Description: Carpet
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Masonry
  • Floors/Ceilings: Part Hardwood, Part Carpet, Smooth Ceiling, Sprayed Ceiling
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave, Cable Wired
  • Living Dining Kitchen: Separate Living Room, Great Room, Updated/Renovated Kitchen
  • Misc Interior: All Window Treatments, Security System
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Carpet

Exterior Features

  • Misc Exterior: Storage Building, Patio
  • Exterior Windows: Brick Veneer, Wood Window(s), Storm Window(s), Storm Door(s)
  • Foundation: Slab

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1A
  • Parking Storage: Driveway/Pad, Storage Room(s)

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Water Sewer: Gas Water Heater

Lot Info

  • Lot Description: Some Trees, Level, Landscaped, Wood Fenced
  • Lot Number: 105
  • Acreage: 0.18
  • Lot Size: 0.18
  • Price Per Acre: 552778

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 066065 00030

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2014
Closed on
Jul 17, 2014
Sold by
Kemker Benjamin B and Kemker Elizabeth M
Bought by
Lowery Jessica L
Seller's Agent
Patricia Nichols
Crye-Leike, Inc., REALTORS
Buyer's Agent
Brett Faulkner
REMAX Experts
List Price
$99,500
Sold Price
$93,000
Premium/Discount to List
-$6,500
-6.53%
Current Estimated Value
$180,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,536
Avg. Annual Appreciation
6.08%
Original Mortgage
$91,315
Outstanding Balance
$69,450
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$111,086

Purchase Details

Closed on
Mar 26, 2008
Sold by
Fannie Mae
Bought by
Kemker Benjamin B and Kemker Elizabeth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 4, 2007
Sold by
Misko Margaret
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 6, 2004
Sold by
Mcswain William B and Mcswain Georgia
Bought by
Misko Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,500
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 21, 2000
Sold by
Curtis Shirley D
Bought by
Mcswain William B and Mcswain Georgia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,718
Interest Rate
8.24%

Purchase Details

Closed on
Jun 1, 1998
Sold by
Curtis Robin T
Bought by
Curtis Shirley Dianne
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
Lowery Jessica L $93,000 Home Surety Title & Escrow L
Kemker Benjamin B $85,000 None Available
Federal National Mortgage Association $82,468 None Available
Misko Margaret $102,500 Chicago Title Insurance Co
Mcswain William B $58,700 --
Curtis Shirley Dianne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lowery Jessica L $91,315
Previous Owner Kemker Benjamin B $85,000
Previous Owner Misko Margaret $102,500
Previous Owner Mcswain William B $70,718
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2014 07/17/14 Sold $93,000 -6.5% $65 / Sq Ft
06/10/2014 06/10/14 Pending -- -- --
03/13/2014 03/13/14 For Sale $99,500 -- $70 / 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 $1,019 $43,225 $8,750 $34,475
2024 $1,019 $30,050 $5,225 $24,825
2023 $1,831 $30,050 $5,225 $24,825
2022 $1,831 $30,050 $5,225 $24,825
2021 $1,852 $30,050 $5,225 $24,825
2020 $1,735 $23,950 $5,225 $18,725
2019 $1,735 $23,950 $5,225 $18,725
2018 $1,735 $23,950 $5,225 $18,725
2017 $984 $23,950 $5,225 $18,725
2016 $931 $21,300 $0 $0
2014 $931 $21,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2014

    Patricia Nichols

    Crye-Leike

  • B

    Buyer's Agent in 2014

    Brett Faulkner

    RE/MAX

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3292519

Memphis Area Association of REALTORS®

APN: 06-6065-0-0030

Tennessee Shelby County Memphis 38117 Colonial Acres

1512 Welsh Rd, Memphis, TN

This home is located at 1512 Welsh Rd, Memphis, TN 38117 since 13 March 2014 and is currently estimated at $180,536, approximately $126 per square foot. This property was built in 1961. 1512 Welsh 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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