NOT LISTED FOR SALE

1550 Colonial Rd Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $158,863 - $192,000

3 Beds
1 Bath
1,200-1,399 Sq Ft
$126/Sq Ft Est. Value

Last Sold March 24, 2015

Last sale price $96,900 $69 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,067/month

Highlights

  • Traditional Architecture
  • Combination Dining and Living Room
  • 1-Story Property
  • Central Heating and Cooling System
  • Level Lot

About This Home

As of March 2015

PROPERTY CURRENTLY UNDER RENOVATION. NO SHOWINGS. PLEASE CALL LIST AGENT FOR MORE INFO. SEE ATTACHMENTS FOR SCOPE OF WORK. PROPERTY IS RENTED AND TO BE SOLD AS INVESTMENT. PROPERTY OCCUPIED BY TENANT WITH TENANTS RIGHTS.

Last Agent to Sell the Property

Mark Saller

Reedy Group II, LLC License #239921 Listed on: 01/30/2015

Last Buyer's Agent

Mark Saller

Reedy Group II, LLC License #239921 Listed on: 01/30/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,016

Year Built

  • Built in 1954

Lot Details

  • 9,148 Sq Ft Lot
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,436 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System

Community Details

  • Colonial Village A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 066068 00021

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,016

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: 67
  • Number Of Stories: 1
  • Price Per Sq Ft: 67.48
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1436
  • 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: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1
  • Living Dining Kitchen: LR/DR Combination
  • Total Bathrooms: 1

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 10
  • Acreage: 0.21
  • Lot Size: 0.21 Acres
  • Price Per Acre: 461429

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 066068 00021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2015
Sold by
Littig Wanna M
Bought by
Etosha Capital Group Llc and Wanganui Land Trust
Current Estimated Value
$176,216

Purchase Details

Listed on
Jan 30, 2015
Closed on
Mar 20, 2015
Sold by
Memphis Invest Gp
Bought by
Littig Wanna M and Wanna M Littig Trust
Seller's Agent
Mark Saller
Reedy Group II, LLC
Buyer's Agent
Mark Saller
Reedy Group II, LLC
List Price
$96,900
Sold Price
$96,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.00%
Original Mortgage
$77,520
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2015
Sold by
Jones Carla
Bought by
Memphis Invest Gp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,575,000
Interest Rate
3.94%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 29, 2006
Sold by
Traylor Louis E and Traylor Margaret E
Bought by
Jones Emmer and Jones Carla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,200
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 27, 2006
Sold by
Cooper Rebecca G
Bought by
Traylor Louis E and Traylor Margaret E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,200
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 29, 1994
Bought by
Cooper Rebecca G and Cooper Trayl
Source: Public Records

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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
Etosha Capital Group Llc -- Attorney
Littig Wanna M $96,900 None Available
Memphis Invest Gp $44,000 Preferred Title & Escrow Llc
Jones Emmer $91,500 None Available
Traylor Louis E -- None Available
Cooper Rebecca G $56,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Littig Wanna M $77,520
Previous Owner Memphis Invest Gp $2,575,000
Previous Owner Jones Emmer $73,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2015 03/24/15 Sold $96,900 0.0% $81 / Sq Ft
01/30/2015 01/30/15 Pending -- -- --
01/30/2015 01/30/15 For Sale $96,900 -- $81 / 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 $1,016 $44,850 $7,875 $36,975
2024 -- $29,975 $4,700 $25,275
2023 $1,826 $29,975 $4,700 $25,275
2022 $1,826 $29,975 $4,700 $25,275
2021 $1,847 $29,975 $4,700 $25,275
2020 $1,623 $22,400 $4,700 $17,700
2019 $1,623 $22,400 $4,700 $17,700
2018 $1,623 $22,400 $4,700 $17,700
2017 $921 $22,400 $4,700 $17,700
2016 $855 $19,575 $0 $0
2014 $855 $19,575 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark Saller

    Seller's Agent in 2015

    Mark Saller

    Reedy Group II, LLC

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9944358

Memphis Area Association of REALTORS®

APN: 06-6068-0-0021

Tennessee Shelby County Memphis 38117 Colonial Acres

1550 Colonial Rd, Memphis, TN

This home is located at 1550 Colonial Rd, Memphis, TN 38117 since 30 January 2015 and is currently estimated at $176,216, approximately $125 per square foot. This property was built in 1954. 1550 Colonial 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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