NOT LISTED FOR SALE

1536 Welsh Rd Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $184,000 - $196,000

4 Beds
2 Baths
1,400-1,599 Sq Ft
$119/Sq Ft Est. Value

Last Sold October 30, 2017

Last sale price $113,900 $71 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $1,113/month

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Den
  • Wood Flooring
  • Separate Formal Living Room
  • Porch

About This Home

As of October 2017

Completely renovated 4/2 home. Spacious den with fireplace, kitchen with breakfast bar, separate living room, 4 large bedrooms, carport, detached garage, beautiful landscaping package. Rehab includes new roof, updated bathrooms, new kitchen counter tops, brand new flooring, and much more! Multiple properties rehabbed to a high standard available.

Last Agent to Sell the Property

Jeremy Veldman

KAIZEN Realty, LLC License #327507 Listed on: 06/07/2017

KAIZEN Realty, LLC

Last Buyer's Agent

Jeremy Veldman

KAIZEN Realty, LLC License #327507 Listed on: 06/07/2017

KAIZEN Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,134

Year Built

  • Built in 1954

Lot Details

  • 7,841 Sq Ft Lot
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,546 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Separate Formal Living Room
  • Den

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Driveway

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • Colonial Village A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 066065 00026

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,134

Year Built

Built in 1954

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
  • List Price Per Sq Ft: 74
  • Number Of Stories: 1
  • Price Per Sq Ft: 73.67
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1546
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Den
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Porch, Patio

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 109
  • Acreage: 0.18
  • Lot Size: 0.18 acres
  • Price Per Acre: 632778

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 066065 00026

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2017
Closed on
Oct 30, 2017
Sold by
Memphis Turnkey Properties Gp
Bought by
Oaks Mark Windham and Oaks Sara Alison
Seller's Agent
Jeremy Veldman
KAIZEN Realty, LLC
Buyer's Agent
Jeremy Veldman
KAIZEN Realty, LLC
List Price
$113,900
Sold Price
$113,900
Current Estimated Value
$191,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,122
Avg. Annual Appreciation
7.35%
Original Mortgage
$85,425
Outstanding Balance
$72,223
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$127,097

Purchase Details

Closed on
Aug 2, 2013
Sold by
Fairway Capital Partners Llc
Bought by
Wim Real Estate Investments 1 Llc

Purchase Details

Closed on
Dec 30, 2009
Sold by
Boone Jeffrey M and Boone Richard B
Bought by
Fairway Capital Partners Llc

Purchase Details

Closed on
Jun 22, 2005
Sold by
Mccracken Edward M and Mccracken Mary Sethanie
Bought by
Citifinancial Inc
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
Oaks Mark Windham $1,139,000 Saddle Creek Title Llc
Wim Real Estate Investments 1 Llc $70,062 None Available
Fairway Capital Partners Llc -- None Available
Citifinancial Inc $58,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oaks Mark Windham $85,425
Previous Owner Memphis Turnkey Properties Gp $90,000
Previous Owner Boone Jeffrey M $103,728
Previous Owner Mccracken Edward M $83,411
Previous Owner Mccracken Edward M $77,293
Previous Owner Mccracken Edward M $36,259
Previous Owner Mccraken Edward $17,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2017 10/30/17 Sold $113,900 0.0% $81 / Sq Ft
09/27/2017 09/27/17 Pending -- -- --
06/07/2017 06/07/17 For Sale $113,900 +89.8% $81 / Sq Ft
02/10/2017 02/10/17 Sold $60,000 -15.5% $37 / Sq Ft
02/01/2017 02/01/17 Pending -- -- --
11/01/2016 11/01/16 For Sale $71,000 -- $44 / 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 $1,134 $42,025 $8,750 $33,275
2024 $1,134 $33,450 $5,225 $28,225
2023 $2,038 $33,450 $5,225 $28,225
2022 $2,038 $33,450 $5,225 $28,225
2021 $2,062 $33,450 $5,225 $28,225
2020 $1,819 $25,100 $5,225 $19,875
2019 $1,819 $25,100 $5,225 $19,875
2018 $1,819 $25,100 $5,225 $19,875
2017 $1,032 $25,100 $5,225 $19,875
2016 $972 $22,250 $0 $0
2014 $972 $22,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeremy Veldman

    Seller's Agent in 2017

    Jeremy Veldman

    KAIZEN Realty, LLC

    (901) 221-4041

    213 Total Sales

    Jeremy Veldman
    Section Image

  • G

    Seller's Agent in 2017

    George Merryfield

    Leco Realty, Inc.

    (901) 289-6772

    22 Total Sales

    George Merryfield
    Section Image
  • Frank Malvezzi

    Buyer's Agent in 2017

    Frank Malvezzi

    CB Properties of Memphis, LLC

    (901) 619-4145

    6 in this area

    86 Total Sales

    Frank Malvezzi
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10014914

Memphis Area Association of REALTORS®

APN: 06-6065-0-0026

Tennessee Shelby County Memphis 38117 Colonial Acres

1536 Welsh Rd, Memphis, TN

This home is located at 1536 Welsh Rd, Memphis, TN 38117 since 07 June 2017 and is currently estimated at $191,022, approximately $119 per square foot. This property was built in 1954. 1536 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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