NOT LISTED FOR SALE

1518 Hopewell Rd Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $155,000 - $170,000

3 Beds
1 Bath
945 Sq Ft
$170/Sq Ft Est. Value

Last Sold April 19, 2016

Last sale price $82,000 $87 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $927/month

59 Days on Market

Highlights

  • 1-Story Property
  • Ceiling Fan
  • Privacy Fence
  • Central Heating and Cooling System

About This Home

As of April 2016

Great home in Colonial Acres! This 3 bedroom 1 bath home is move in ready. Home has gleaming hardwood floors and a brand new kitchen with great counter space, built in pantry and new appliances. Other extras include new energy efficient windows, ceiling fans in every room, 2" blinds throughout, vinyl siding, gutters and a fenced back yard with a single gate and a double gate plus there is a 16x24 storage building/workshop. If this isn't enough, the home is minutes from shopping and restaurants.

Last Agent to Sell the Property

Terry Thomas

Burch Realty Group Hernando License #B-22123 Listed on: 02/11/2016

Last Buyer's Agent

NON MEMBER

RE/MAX LEGACY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $876

Year Built

  • Built in 1956

Lot Details

  • 7,841 Sq Ft Lot
  • Privacy Fence

Parking

  • 1 Carport Space

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 945 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Vinyl Clad Windows
  • Window Treatments

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Memphis Elementary And Middle School
  • Memphis High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Colonial Acres Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$876

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Unit Levels: One
  • Lot Size: 0
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 1956
  • Lot Size Acres: 0.18
  • Subdivision Name: Colonial Acres
  • Directions: Go West on Quince from Mt Moriah and turn left on Hopewell. Home will be on the right
  • New Construction: No
  • General Property Information:New Construction: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Range
  • BasementFeaturesBasement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Security
  • Interior Amenities: Ceiling Fan(s)
  • Window Features: Vinyl, Window Coverings
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Oven - Electric: Yes

Exterior Features

  • Disclosures: Lead Paint
  • Fencing: Privacy
  • Foundation Details: Conventional
  • Roof: Asphalt Shingle
  • Construction Type: Brick
  • Driveway Features:Concrete Drive: Yes
  • Window Features:Vinyl2: Yes
  • Door Features:Security2: Yes
  • Window Features:Window Coverings: Yes

Garage/Parking

  • Carport Spaces: 1.0
  • Parking Features: Carport, Concrete
  • Attached Garage: No
  • Parking Features:Carport: Yes

Utilities

  • Cooling: Central Air
  • Heating: Central, Natural Gas
  • Utilities: Electricity Connected
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Central: Yes

Schools

  • Elementary School: Memphis
  • High School: Memphis
  • Middle Or Junior School: Memphis

Lot Info

  • Lot Size Sq Ft: 7840.8
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2016
Closed on
Apr 19, 2016
Sold by
Harlow Robert F and Harbowe Melissa L
Bought by
Barry Scotty J and Nichopoulos Pamela
Seller's Agent
Terry Thomas
Burch Realty Group Hernando
Buyer's Agent
NON MEMBER
RE/MAX LEGACY
List Price
$84,900
Sold Price
$82,000
Premium/Discount to List
-$2,900
-3.42%
Current Estimated Value
$160,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,342
Avg. Annual Appreciation
7.33%
Original Mortgage
$65,600
Outstanding Balance
$52,726
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$106,881

Purchase Details

Closed on
Jul 1, 2008
Sold by
Lantrip Melissa and Harlow Melissa Lantrip
Bought by
Harlow Robert F and Harlow Melissa Lantrip

Purchase Details

Closed on
Aug 18, 2003
Sold by
Rowland Odie G
Bought by
Lantrip Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,920
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Barry Scotty J $82,000 None Available
Harlow Robert F -- Fidelity Natl Title Ins Co
Lantrip Melissa $84,900 Real Estate Title Svcs
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barry Scotty J $65,600
Previous Owner Harlow Melissa L $76,516
Previous Owner Lantrip Melissa $67,920
Closed Lantrip Melissa $16,980
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2016 04/19/16 Sold $82,000 -3.4% $87 / Sq Ft
04/10/2016 04/10/16 Pending -- -- --
02/11/2016 02/11/16 For Sale $84,900 -- $90 / Sq Ft
Source: MLS United

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 $876 $39,075 $8,750 $30,325
2024 $876 $25,850 $5,225 $20,625
2023 $1,575 $25,850 $5,225 $20,625
2022 $1,575 $25,850 $5,225 $20,625
2021 $1,593 $25,850 $5,225 $20,625
2020 $1,418 $19,575 $5,225 $14,350
2019 $1,418 $19,575 $5,225 $14,350
2018 $1,418 $19,575 $5,225 $14,350
2017 $805 $19,575 $5,225 $14,350
2016 $795 $18,200 $0 $0
2014 $795 $18,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Terry Thomas

    Seller's Agent in 2016

    Terry Thomas

    Burch Realty Group Hernando

    (901) 428-1827

    1 in this area

    269 Total Sales

    Terry Thomas
    Section Image

  • N

    Buyer's Agent in 2016

    NON MEMBER

    RE/MAX LEGACY

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Map

Source: MLS United

MLS Number: 2302990

MLS United

APN: 06-6066-0-0027

Tennessee Shelby County Memphis 38117 Colonial Acres

1518 Hopewell Rd, Memphis, TN

This home is located at 1518 Hopewell Rd, Memphis, TN 38117 since 11 February 2016 and is currently estimated at $160,342, approximately $169 per square foot. This property was built in 1956. 1518 Hopewell Rd is a home located in Shelby County with nearby schools including Sea Isle Elementary School, Colonial Middle, and Overton High.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS United Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.

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