NOT LISTED FOR SALE

1536 Colonial Rd Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $183,013 - $209,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$125/Sq Ft Est. Value

Sale Details

Date Sold: April 12, 2019

Last sale price $135,000 $84 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,169 / mo

Highlights

  • Updated Kitchen
  • 1 Fireplace
  • Some Wood Windows
  • Traditional Architecture
  • Den
  • Tile Flooring

About This Home

As of April 2019

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2019 standards! Target rent = $1250 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!

Last Agent to Sell the Property

Jim Reedy

Reedy & Company, REALTORS License #15602 Listed on: 02/04/2019

Last Buyer's Agent

Jim Reedy

Reedy & Company, REALTORS License #15602 Listed on: 02/04/2019

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1954

Lot Details

  • 9,148 Sq Ft Lot
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Wood Roof
  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,489 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Some Wood Windows
  • Combination Dining and Living Room
  • Den
  • Iron Doors
  • Updated Kitchen

Flooring

  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Colonial Village A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 066068 00023

Home Details

Home Type

Single Family

Year Built

Built in 1954

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: COLONIAL ACRES
  • List Price Per Sq Ft: 91
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1489
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: LR/DR Combination, Updated/Renovated Kitchen
  • Number Of Fireplaces: 1
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles, Wood/Shake

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 8
  • Acreage: 0.21
  • Lot Size: 9310

Tax Info

  • Assessor Parcel Number: 066068 00023

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2019
Closed on
Apr 12, 2019
Sold by
Bought by
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Jim Reedy
Reedy & Company, REALTORS
List Price
$135,000
Sold Price
$135,000
Current Estimated Value
$197,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,941
Avg. Annual Appreciation
5.57%

Purchase Details

Closed on
Jan 24, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
0.048%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 9, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
0.048%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 29, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,609
Interest Rate
0.0598%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$135,000 Delta Title Services Llc
-- Delta Title Services Llc
$86,000 Close Track Closing & Title
$90,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $115,000
Closed $88,609
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/12/2019 04/12/19 Sold $135,000 0.0% $96 / Sq Ft
02/04/2019 02/04/19 Pending -- -- --
02/04/2019 02/04/19 For Sale $135,000 -- $96 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,197 $44,500 $7,875 $36,625
2024 $1,097 $32,350 $4,700 $27,650
2023 $1,971 $32,350 $4,700 $27,650
2022 $1,971 $32,350 $4,700 $27,650
2021 $878 $32,350 $4,700 $27,650
2020 $1,797 $24,800 $4,700 $20,100
2019 $793 $24,800 $4,700 $20,100
2018 $793 $24,800 $4,700 $20,100
2017 $811 $24,800 $4,700 $20,100
2016 $996 $22,800 $0 $0
2014 $996 $22,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Reedy

    Seller's Agent in 2019

    Jim Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    6 in this area

    246 Total Sales

    Jim Reedy
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10045243

Memphis Area Association of REALTORS®

APN: 06-6068-0-0023

Tennessee Shelby County Memphis 38117 Colonial Acres

1536 Colonial Rd, Memphis, TN

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