NOT LISTED FOR SALE

1541 Ivy Rd Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $184,000 - $242,000

3 Beds
1.5 Baths
1,200-1,399 Sq Ft
$155/Sq Ft Est. Value

Last Sold March 13, 2023

Last sale price $239,900 $171 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $1,259/month

13 Days on Market

About This Home

As of March 2023

Welcome to this newly renovated 3br/1.5ba home near Colonial Acres! This home is outfitted with a revamped kitchen with brand new cabinets and beautiful granite countertops. Authentic hardwood flooring throughout the living areas, new tile in the bathrooms and shower, fresh paint, all new light fixtures and much more!! Great neighborhood - don't miss out!

Last Agent to Sell the Property

Joshua Moss

KAIZEN Realty, LLC License #341627 Listed on: 02/05/2023

KAIZEN Realty, LLC

Last Buyer's Agent

Mitanni Spruill

The Spruill Agency, LLC License #283793

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,032

Year Built

  • Built in 1956

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 60x133

Parking

  • 1 Parking Space

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,238 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Community Details

  • Colonial Village B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 066065 00012

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,032

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MLS Map #: 759E
  • MAAR Subdivision Name: COLONIAL ACRES
  • List Price Per Sq Ft: 194
  • Number Of Stories: 1
  • Price Per Sq Ft: 193.78
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1238
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 1.1

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1

Lot Info

  • Lot Number: 126
  • Acreage: 0.18
  • Lot Size: 60X133
  • Price Per Acre: 1332778

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 066065 00012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2023
Closed on
Mar 10, 2023
Sold by
Wo Sfr Llc
Bought by
Jones Colleen
Seller's Agent
Joshua Moss
KAIZEN Realty, LLC
Buyer's Agent
Mitanni Spruill
The Spruill Agency, LLC
List Price
$239,900
Sold Price
$239,900
Views
64
Current Estimated Value
$214,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,631
Avg. Annual Appreciation
-4.43%
Original Mortgage
$235,551
Outstanding Balance
$229,162
Interest Rate
6.09%
Mortgage Type
FHA
Estimated Equity
-$14,151

Purchase Details

Closed on
Aug 12, 2022
Sold by
Michael Heath
Bought by
Wo Sfr Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,500
Interest Rate
5.3%
Mortgage Type
Construction

Purchase Details

Listed on
Oct 8, 2014
Closed on
Nov 6, 2014
Sold by
Creedon Jennifer R and Doyle Roxanne Creedon
Bought by
Heath Shelton
Seller's Agent
Kay Coleman Gordon
REMAX Experts
Buyer's Agent
Christine Lundy
Key Connect Group, LLC
List Price
$94,500
Sold Price
$90,000
Premium/Discount to List
-$4,500
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.42%
Original Mortgage
$85,500
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2006
Sold by
Mcintyre Sandra D and Harrison Suzanne D
Bought by
Creedon Jennifer R and Creedon Roxanne E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,638
Interest Rate
6.5%
Mortgage Type
FHA
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
Jones Colleen $239,900 Local Title
Wo Sfr Llc $150,000 New Title Company Name
Heath Shelton $90,000 Alliance Title & Escrow Llc
Creedon Jennifer R $103,450 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Colleen $235,551
Previous Owner Wo Sfr Llc $152,500
Previous Owner Heath Shelton $85,500
Previous Owner Creedon Jennifer R $102,638
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2023 03/13/23 Sold $239,900 0.0% $200 / Sq Ft
02/18/2023 02/18/23 Pending -- -- --
02/05/2023 02/05/23 For Sale $239,900 +166.6% $200 / Sq Ft
11/07/2014 11/07/14 Sold $90,000 -4.8% $75 / Sq Ft
10/18/2014 10/18/14 Pending -- -- --
10/08/2014 10/08/14 For Sale $94,500 -- $79 / 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 $1,032 $60,400 $8,750 $51,650
2024 $1,032 $30,450 $5,225 $25,225
2023 $1,855 $30,450 $5,225 $25,225
2022 $1,855 $30,450 $5,225 $25,225
2021 $1,051 $30,450 $5,225 $25,225
2020 $1,601 $22,100 $5,225 $16,875
2019 $706 $22,100 $5,225 $16,875
2018 $706 $22,100 $5,225 $16,875
2017 $723 $22,100 $5,225 $16,875
2016 $875 $20,025 $0 $0
2014 $875 $20,025 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joshua Moss

    Seller's Agent in 2023

    Joshua Moss

    KAIZEN Realty, LLC

    (901) 590-8636

    8 in this area

    252 Total Sales

    Section Image
  • Mitanni Spruill

    Buyer's Agent in 2023

    Mitanni Spruill

    The Spruill Agency, LLC

    (888) 854-1222

    2 in this area

    34 Total Sales

    Section Image

  • K

    Seller's Agent in 2014

    Kay Coleman Gordon

    RE/MAX

    (901) 870-7253

    1 in this area

    9 Total Sales

    Section Image
  • Christine Lundy

    Buyer's Agent in 2014

    Christine Lundy

    Key Connect Group, LLC

    (901) 340-9178

    3 in this area

    104 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10141486

Memphis Area Association of REALTORS®

APN: 06-6065-0-0012

Tennessee Shelby County Memphis 38117 Colonial Acres

1541 Ivy Rd, Memphis, TN

This home is located at 1541 Ivy Rd, Memphis, TN 38117 since 05 February 2023 and is currently estimated at $217,097, approximately $155 per square foot. This property was built in 1956. 1541 Ivy 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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