NOT LISTED FOR SALE

1555 S Perkins Rd Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $171,000 - $193,000

3 Beds
1.5 Baths
1,200-1,399 Sq Ft
$128/Sq Ft Est. Value

Last Sold August 06, 2019

Last sale price $110,000 $79 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,063/month

Highlights

  • Updated Kitchen
  • 1 Fireplace
  • Tile Flooring
  • Traditional Architecture
  • Some Wood Windows
  • Central Heating and Cooling System

About This Home

As of August 2019

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2019 standards! Target rent = $1025 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!

Last Agent to Sell the Property

Jim Reedy

Reedy & Company, REALTORS License #15602 Listed on: 06/14/2019

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,034

Year Built

  • Built in 1953

Lot Details

  • 9,583 Sq Ft Lot
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,302 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Some Wood Windows
  • Iron Doors
  • Updated Kitchen

Flooring

  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Colonial Meadows Subdv Subdivision

Listing and Financial Details

  • Assessor Parcel Number 066036 00015

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,034

Year Built

Built in 1953

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: 84
  • Number Of Stories: 1
  • Price Per Sq Ft: 84.49
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1302
  • Year Built: 1953
  • 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
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet, Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Number Of Fireplaces: 1
  • Total Bathrooms: 1.1
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Wood/Composition

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Level
  • Lot Number: 19
  • Acreage: 0.22
  • Lot Size: 9660
  • Price Per Acre: 500000

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 066036 00015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2019
Closed on
Aug 6, 2019
Sold by
Memphis Investment Properties Ii Llc
Bought by
Vanzomermen Yvonne
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$110,000
Sold Price
$110,000
Total Days on Market
0
Current Estimated Value
$179,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,305
Avg. Annual Appreciation
8.20%
Original Mortgage
$100,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 14, 2019
Closed on
Jun 12, 2019
Sold by
Tabat Greory D
Bought by
Memphis Investment Properties Ii Llc
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$110,000
Sold Price
$110,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 13, 2011
Sold by
Memphis Investment Rental Properties Llc
Bought by
Tabat Gregory D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,500
Interest Rate
4.58%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 11, 2011
Sold by
Secretary Of Veterans Affairs
Bought by
Memphis Investment Rental Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,500
Interest Rate
4.58%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 17, 2010
Sold by
Davis Lloyd and Davis Kerelynn
Bought by
The Secretary Of Veterans Affairs

Purchase Details

Closed on
Mar 31, 2000
Sold by
Martin Juanita and Flanagan Dexter
Bought by
Davis Lloyd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,250
Interest Rate
8.29%
Mortgage Type
VA

Purchase Details

Closed on
Jul 28, 1995
Bought by
Juanita Martin
Source: Public Records

Range of Values:

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Average Value
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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
Vanzomermen Yvonne $110,000 Delta Title Services Llc
Memphis Investment Properties Ii Llc $73,500 Close Trak Closing & Ttl Svc
Tabat Gregory D $49,900 Tam Title & Escrow Llc
Memphis Investment Rental Properties Llc $31,000 Tam Title & Escrow Llc
The Secretary Of Veterans Affairs $50,675 None Available
Davis Lloyd $69,900 --
Juanita Martin $57,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Memphis Investment Properties Ii Llc $100,000
Previous Owner Tabat Gregory D $65,250
Previous Owner Tabat Gregory D $59,500
Previous Owner Davis Lloyd $71,250
Previous Owner Martin Juanita $19,122
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2019 08/06/19 Sold $110,000 0.0% $92 / Sq Ft
06/14/2019 06/14/19 Pending -- -- --
06/14/2019 06/14/19 For Sale $110,000 -- $92 / 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 $1,034 $36,425 $7,200 $29,225
2024 $1,034 $30,500 $3,975 $26,525
2023 $1,858 $30,500 $3,975 $26,525
2022 $1,858 $30,500 $3,975 $26,525
2021 $1,052 $30,500 $3,975 $26,525
2020 $1,257 $17,350 $3,975 $13,375
2019 $555 $17,350 $3,975 $13,375
2018 $555 $17,350 $3,975 $13,375
2017 $568 $17,350 $3,975 $13,375
2016 $699 $16,000 $0 $0
2014 $699 $16,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Reedy

    Seller's Agent in 2019

    Jim Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    3 in this area

    426 Total Sales

    Jim Reedy
    Section Image

  • B

    Buyer's Agent in 2019

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    4 in this area

    443 Total Sales

    Bradley Reedy
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10055120

Memphis Area Association of REALTORS®

APN: 06-6036-0-0015

Tennessee Shelby County Memphis 38117 Colonial Acres

1555 S Perkins Rd, Memphis, TN

This home is located at 1555 S Perkins Rd, Memphis, TN 38117 since 14 June 2019 and is currently estimated at $179,305, approximately $128 per square foot. This property was built in 1953. 1555 S Perkins Rd is a home located in Shelby County with nearby schools including Willow Oaks Elementary School, Colonial Middle, and Overton High.

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