NOT LISTED FOR SALE

1554 Welsh Rd Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $137,000 - $192,000

3 Beds
1 Bath
100-999 Sq Ft
$160/Sq Ft Est. Value

Last Sold May 31, 2017

Last sale price $101,900 $102 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $897/month

34 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of May 2017

Property is currently under renovation. Property is also currently being marketed for lease. See attached for seller’s list of improvements, final scope of work will be uploaded once renovation is completed.

Last Agent to Sell the Property

Ryan Flannery

Premier Realty Group, LLC License #317068 Listed on: 04/05/2017

Last Buyer's Agent

NON-MLS NON-BOARD AGENT

NON-MLS OR NON-BOARD OFFICE

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1954

Lot Details

  • 7,841

Home Design

  • Traditional Architecture

Interior Spaces

  • 100-999 Sq Ft Home
  • 874 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway

Additional Features

  • 7,841 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • Colonial Village A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 066065 00023

Home Details

Home Type

Single Family

Year Built

Built in 1954

Lot Details

0

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: 120
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 874
  • 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: 100-999
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Number: 112
  • Acreage: 0.18
  • Lot Size: .18

Tax Info

  • Assessor Parcel Number: 066065 00023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2017
Closed on
May 30, 2017
Sold by
Rei Nation Llc
Bought by
Sai Dream Homes Capital Llc
Seller's Agent
Ryan Flannery
Premier Realty Group, LLC
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$104,900
Sold Price
$101,900
Premium/Discount to List
-$3,000
-2.86%
Current Estimated Value
$159,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,641
Avg. Annual Appreciation
5.28%
Original Mortgage
$50,950
Outstanding Balance
$34,722
Interest Rate
4.03%
Mortgage Type
Unknown
Estimated Equity
$124,819

Purchase Details

Closed on
Jan 18, 2017
Sold by
Workload Properties Llc
Bought by
Rei Nation Llc

Purchase Details

Closed on
Jun 4, 2007
Sold by
Moore Carolyn
Bought by
Clothier Kent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,443
Interest Rate
6.16%
Mortgage Type
Construction
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

Date Buyer Sale Price Title Company
Sai Dream Homes Capital Llc $101,900 None Available
Rei Nation Llc $67,000 None Available
Clothier Kent $58,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sai Dream Homes Capital Llc $50,950
Previous Owner Clothier Kent $81,443
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2017 05/31/17 Sold $101,900 -2.9% $1,019 / Sq Ft
05/09/2017 05/09/17 Pending -- -- --
04/05/2017 04/05/17 For Sale $104,900 +43.9% $1,049 / Sq Ft
07/25/2014 07/25/14 Sold $72,900 -4.0% $729 / Sq Ft View Prior Sale
06/09/2014 06/09/14 Pending -- -- --
05/16/2014 05/16/14 For Sale $75,900 -- $759 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $816 $35,125 $8,750 $26,375
2024 -- $24,075 $5,225 $18,850
2023 $1,467 $24,075 $5,225 $18,850
2022 $1,467 $24,075 $5,225 $18,850
2021 $1,484 $24,075 $5,225 $18,850
2020 $1,297 $17,900 $5,225 $12,675
2019 $1,297 $17,900 $5,225 $12,675
2018 $1,297 $17,900 $5,225 $12,675
2017 $736 $17,900 $5,225 $12,675
2016 $694 $15,875 $0 $0
2014 $694 $15,875 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2017

    Ryan Flannery

    Premier Realty Group, LLC

    (901) 581-7824

    117 Total Sales

    Ryan Flannery
    Section Image

  • N

    Buyer's Agent in 2017

    NON-MLS NON-BOARD AGENT

    NON-MLS OR NON-BOARD OFFICE

  • M

    Seller's Agent in 2014

    Mark Saller

    Reedy Group II, LLC

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9999196

Memphis Area Association of REALTORS®

APN: 06-6065-0-0023

Tennessee Shelby County Memphis 38117 Colonial Acres

1554 Welsh Rd, Memphis, TN

Not Listed for Sale

Detached

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