NOT LISTED FOR SALE

1547 Dearing Rd Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $185,000 - $193,000

3 Beds
1.5 Baths
1,400-1,599 Sq Ft
$118/Sq Ft Est. Value

Last Sold November 09, 2018

Last sale price $107,000 $67 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $1,108/month

19 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Outdoor Storage
  • Wood Flooring
  • Den with Fireplace
  • Landscaped

About This Home

As of November 2018

Come and see this rare jewel in the heart of Colonial Acres. It boasts a beautiful curb appeal, backyard perfect for entertaining, living room with lots of natural light, and a separate den with a fireplace. This home is zoned for great schools with Optional and/or Performing Arts Programs (Sea Isle Elem, Colonial MS, and Overton HS), and it qualifies for THDA's down-payment assistance program for up to 5% of purchase price. Showings begin Saturday, August 4th. This one will not last long!

Last Agent to Sell the Property

Tamara Manuel

BenchMark REALTORS, LLC License #311239 Listed on: 08/02/2018

Last Buyer's Agent

Lakesha Lilly Leatherwood

The Home Partners Realty License #339833

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $994

Year Built

  • Built in 1955

Lot Details

  • 8,712 Sq Ft Lot
  • Landscaped
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,392 Sq Ft Home
  • 1-Story Property
  • Aluminum Window Frames
  • Separate Formal Living Room
  • Den with Fireplace
  • Wood Flooring
  • Iron Doors

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Outdoor Features

  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Window Unit Cooling System

Community Details

  • Colonial Meadows C Subdivision

Listing and Financial Details

  • Assessor Parcel Number 066052 00006

Home Details

Home Type

Single Family

Est. Annual Taxes

$994

Year Built

Built in 1955

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: 79
  • Number Of Stories: 1
  • Price Per Sq Ft: 76.87
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1392
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Den/Great Room, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 1/2 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1, Hardwood Floor
  • Bedroom 3 Description: Level 1, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: In Den/Great Room
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Pantry
  • Number Of Fireplaces: 1
  • Total Bathrooms: 1.1
  • P R I M A R Y B E D R O O M: Level 1, Half Bath, Hardwood Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Storage Building
  • Exterior Windows: Aluminum Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central, Window Unit(s)
  • Heating: Central

Lot Info

  • Lot Description: Level, Landscaped
  • Lot Number: 190
  • Acreage: 0.2
  • Lot Size: 0.32 Acres
  • Price Per Acre: 550000

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 066052 00006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2018
Closed on
Nov 9, 2018
Sold by
Jones Matthew D
Bought by
Robinson Tammie
Seller's Agent
Tamara Manuel
BenchMark REALTORS, LLC
Buyer's Agent
Lakesha Lilly Leatherwood
The Home Partners Realty
List Price
$115,000
Sold Price
$107,000
Premium/Discount to List
-$8,000
-6.96%
Total Days on Market
19
Current Estimated Value
$188,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,391
Avg. Annual Appreciation
8.14%
Original Mortgage
$105,061
Outstanding Balance
$93,225
Interest Rate
4.87%
Mortgage Type
FHA
Estimated Equity
$89,098

Purchase Details

Closed on
Apr 28, 2006
Sold by
Stokes Herschel D
Bought by
Jones Matthew D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,000
Interest Rate
6.28%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 26, 2002
Sold by
Simmons Jeremy N and Simmons William B
Bought by
Stokes Herschel D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,735
Interest Rate
6.95%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 31, 1998
Sold by
Urban Harold M and Urban Melvin Charles
Bought by
Simmons Jeremy N and Simmons William B
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
Robinson Tammie $107,000 None Available
Jones Matthew D $101,000 None Available
Stokes Herschel D $94,500 --
Simmons Jeremy N $61,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robinson Tammie $105,061
Previous Owner Jones Matthew D $103,049
Previous Owner Jones Matthew D $101,000
Previous Owner Stokes Herschel D $93,735
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2018 11/09/18 Sold $107,000 -2.7% $76 / Sq Ft
08/13/2018 08/13/18 Price Changed $110,000 -4.3% $79 / Sq Ft
08/02/2018 08/02/18 For Sale $115,000 -- $82 / 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 $994 $42,950 $8,750 $34,200
2024 $994 $29,325 $5,225 $24,100
2023 $1,786 $29,325 $5,225 $24,100
2022 $1,786 $29,325 $5,225 $24,100
2021 $1,012 $29,325 $5,225 $24,100
2020 $1,694 $23,375 $5,225 $18,150
2019 $747 $23,375 $5,225 $18,150
2018 $747 $23,375 $5,225 $18,150
2017 $765 $23,375 $5,225 $18,150
2016 $924 $21,150 $0 $0
2014 $924 $21,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tamara Manuel

    Seller's Agent in 2018

    Tamara Manuel

    BenchMark REALTORS, LLC

    (901) 644-6408

    2 in this area

    94 Total Sales

    Tamara Manuel
    Section Image
  • Lakesha Lilly Leatherwood

    Buyer's Agent in 2018

    Lakesha Lilly Leatherwood

    The Home Partners Realty

    (901) 244-9889

    1 in this area

    135 Total Sales

    Lakesha Lilly Leatherwood
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10033347

Memphis Area Association of REALTORS®

APN: 06-6052-0-0006

Tennessee Shelby County Memphis 38117 Colonial Acres

1547 Dearing Rd, Memphis, TN

This home is located at 1547 Dearing Rd, Memphis, TN 38117 since 02 August 2018 and is currently estimated at $188,391, approximately $117 per square foot. This property was built in 1955. 1547 Dearing 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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