NOT LISTED FOR SALE

1560 Ivy Rd Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $122,000 - $212,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$98/Sq Ft Est. Value

Last Sold December 11, 2020

Last sale price $93,000 $58 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $735/month

4 Days on Market

Highlights

  • Traditional Architecture
  • Level Lot
  • 1-Story Property
  • 1 Fireplace

About This Home

As of December 2020

Rare investment opportunity or flip available! This fire damaged home is located in one of the hottest neighborhoods in East Memphis. Owner financing available!

Last Agent to Sell the Property

James Wachob

Foundation Property Management License #294924 Listed on: 11/28/2020

Foundation Property Management

Last Buyer's Agent

Silvana Piadade

eXp Realty, LLC License #289316

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $264

Year Built

  • Built in 1958

Lot Details

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

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,507 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Carport

Community Details

  • Colonial Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 066079 00023

Home Details

Home Type

Single Family

Est. Annual Taxes

$264

Year Built

Built in 1958

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: 66
  • Number Of Stories: 1
  • Price Per Sq Ft: 61.71
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1507
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 2
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Garage/Parking

  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1

Lot Info

  • Lot Description: Level
  • Lot Number: 149
  • Acreage: 0.18
  • Lot Size: 60X133
  • Price Per Acre: 555556

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 066079 00023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2025
Sold by
Urbina Douglas
Bought by
Memphis Keys Llc
Current Estimated Value
$130,145

Purchase Details

Listed on
Nov 28, 2020
Closed on
Dec 11, 2020
Sold by
Chickasaw Ventures Llc
Bought by
Urbina Douglas
Seller's Agent
James Wachob
Foundation Property Management
Buyer's Agent
Silvana Piadade
eXp Realty, LLC
List Price
$100,000
Sold Price
$93,000
Premium/Discount to List
-$7,000
-7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.76%

Purchase Details

Listed on
Nov 28, 2020
Closed on
Nov 24, 2020
Sold by
Garrigan Joe F and Garrigan Rita V
Bought by
Chickasaw Ventures Llc
Seller's Agent
James Wachob
Foundation Property Management
Buyer's Agent
Silvana Piadade
eXp Realty, LLC
List Price
$100,000
Sold Price
$93,000
Premium/Discount to List
-$7,000
-7%
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
Memphis Keys Llc -- None Listed On Document
Urbina Douglas $93,000 Home Surety T&E Llc
Chickasaw Ventures Llc $20,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garrigan Joe F $69,995
Previous Owner Garrigan Joe F $83,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2020 12/11/20 Sold $93,000 -7.0% $66 / Sq Ft
12/02/2020 12/02/20 Pending -- -- --
12/01/2020 12/01/20 For Sale $100,000 0.0% $71 / Sq Ft
12/01/2020 12/01/20 Price Changed $100,000 +14.9% $71 / Sq Ft
11/30/2020 11/30/20 Pending -- -- --
11/29/2020 11/29/20 Price Changed $87,000 +3.6% $62 / Sq Ft
11/29/2020 11/29/20 Price Changed $84,000 +5.0% $60 / Sq Ft
11/28/2020 11/28/20 For Sale $80,000 -- $57 / 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 $264 $58,750 $8,750 $50,000
2024 $264 $7,800 $5,225 $2,575
2023 $475 $7,800 $5,225 $2,575
2022 $475 $7,800 $5,225 $2,575
2021 $565 $7,800 $5,225 $2,575
2020 $1,804 $24,900 $5,225 $19,675
2019 $796 $24,900 $5,225 $19,675
2018 $796 $24,900 $5,225 $19,675
2017 $815 $24,900 $5,225 $19,675
2016 $1,017 $23,275 $0 $0
2014 $1,017 $23,275 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • James Wachob

    Seller's Agent in 2020

    James Wachob

    Foundation Property Management

    (901) 633-1484

    13 in this area

    613 Total Sales

    Section Image
  • Silvana Piadade

    Buyer's Agent in 2020

    Silvana Piadade

    eXp Realty, LLC

    (901) 647-6661

    7 in this area

    160 Total Sales

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10089615

Memphis Area Association of REALTORS®

APN: 06-6079-0-0023

Tennessee Shelby County Memphis 38117 Colonial Acres

1560 Ivy Rd, Memphis, TN

This home is located at 1560 Ivy Rd, Memphis, TN 38117 since 28 November 2020 and is currently estimated at $156,574, approximately $97 per square foot. This property was built in 1958. 1560 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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