NOT LISTED FOR SALE

1561 Wilbec Rd Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $171,000 - $210,000

3 Beds
1.5 Baths
1,089 Sq Ft
$179/Sq Ft Est. Value

Last Sold February 21, 2023

Last sale price $184,500 $169 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,139/month

Highlights

  • Wood Flooring
  • Home Security System
  • Central Heating and Cooling System
  • Covered Patio or Porch
  • Outdoor Storage
  • Combination Dining and Living Room

About This Home

As of May 2024

Recently renovated, this home features updated kitchen and bathrooms, hardwood floors throughout, and generous closet space. The spacious backyard is perfect for outdoor entertaining, with a brick patio and storage building for all your outdoor needs. The fenced yard provides privacy and security, while covered parking ensures convenience. Pets are welcome with owner approval. Available NOW to qualified applicant with minimum 13 month lease.

Last Agent to Rent the Property

Janie Courser

Crye-Leike Property Management License #347421 Listed on: 04/12/2024

Crye-Leike Property Management

Last Renter's Agent

Kim Love

Crye-Leike Property Management License #277042

Crye-Leike Property Management

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,309

Year Built

  • Built in 1956

Lot Details

  • 7,405 Sq Ft Lot
  • Wood Fence

Home Design

  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,089 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Wood Flooring
  • Pull Down Stairs to Attic
  • Home Security System

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Remodeled Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Driveway

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System

Community Details

  • Country Club Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 067031 00013

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,309

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Class: Rental Properties
  • Type: Rental
  • Style Code Use: General Residential
  • MLS Map #: 759F
  • MAAR Subdivision Name: COLONIAL ACRES
  • Freestanding: Yes
  • Number Of Stories: 1
  • Price Per Sq Ft: 1.28
  • Estimated Sq Ft: 1089
  • Year Built: 1956
  • List Price/ Sq Ft: 1
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 1/2 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Renovated Bathroom
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher, Refrigerator, Washer, Dryer
  • Living Dining Kitchen: LR/DR Combination
  • Misc Interior: Pull Down Attic Stairs, Security System
  • Total Bathrooms: 1.1

Exterior Features

  • Misc Exterior: Storage Building, Covered Patio
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

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

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Wood Fenced
  • Lot Number: 992
  • Acreage: 0.17
  • Price Per Acre: 8206

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 067031 00013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2023
Closed on
Feb 21, 2023
Sold by
Graves Kevin W
Bought by
Krit Shaker
Seller's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
William Haynes
Crye-Leike, Inc., REALTORS
List Price
$184,500
Sold Price
$184,500
Views
1
Current Estimated Value
$194,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,599
Avg. Annual Appreciation
2.15%
Original Mortgage
$147,600
Outstanding Balance
$132,440
Interest Rate
5.52%
Mortgage Type
New Conventional
Estimated Equity
$62,068

Purchase Details

Listed on
Apr 12, 2018
Closed on
May 11, 2018
Sold by
Terry Jarred
Bought by
Graves Kevin
Seller's Agent
Lauren Criswell
Crye-Leike, Inc., REALTORS
Buyer's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
List Price
$115,000
Sold Price
$125,000
Premium/Discount to List
$10,000
8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.47%
Original Mortgage
$121,250
Interest Rate
4.55%

Purchase Details

Closed on
Sep 15, 2008
Sold by
Martin William Anthony
Bought by
Jarred Terry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,033
Interest Rate
6.48%
Mortgage Type
FHA
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
Krit Shaker $184,500 Realty Title
Graves Kevin $125,000 --
Jarred Terry $110,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krit Shaker $147,600
Previous Owner Graves Kevin $121,250
Previous Owner Graves Kevin --
Previous Owner Jarred Terry $108,033
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2024 05/01/24 Rented $1,395 0.0% --
04/15/2024 04/15/24 Under Contract -- -- --
04/12/2024 04/12/24 For Rent $1,395 0.0% --
02/21/2023 02/21/23 Sold $184,500 0.0% $185 / Sq Ft
02/01/2023 02/01/23 Pending -- -- --
02/01/2023 02/01/23 For Sale $184,500 +47.6% $185 / Sq Ft
05/09/2018 05/09/18 Sold $125,000 +8.7% $125 / Sq Ft
05/09/2018 05/09/18 Pending -- -- --
04/12/2018 04/12/18 For Sale $115,000 0.0% $115 / Sq Ft
03/11/2016 03/11/16 Rented $995 0.0% --
03/02/2016 03/02/16 Under Contract -- -- --
02/22/2016 02/22/16 For Rent $995 -1.0% --
02/18/2014 02/18/14 Rented $1,005 -8.6% --
01/19/2014 01/19/14 Under Contract -- -- --
10/02/2013 10/02/13 For Rent $1,100 -- --
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 $1,309 $54,200 $11,250 $42,950
2024 $1,309 $38,600 $8,650 $29,950
2023 $2,351 $38,600 $8,650 $29,950
2022 $2,351 $38,600 $8,650 $29,950
2021 $2,379 $38,600 $8,650 $29,950
2020 $1,873 $25,850 $8,650 $17,200
2019 $1,873 $25,850 $8,650 $17,200
2018 $1,873 $25,850 $8,650 $17,200
2017 $1,062 $25,850 $8,650 $17,200
2016 $1,062 $24,300 $0 $0
2014 $1,062 $24,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Landlord's Agent in 2024

    Janie Courser

    Crye-Leike

    (901) 758-5678

    Section Image

  • K

    Tenant's Agent in 2024

    Kim Love

    Crye-Leike

    (901) 598-0673

    Section Image
  • Tyler Tapley

    Seller's Agent in 2023

    Tyler Tapley

    Crye-Leike, Inc., REALTORS

    (901) 871-1290

    22 in this area

    1,228 Total Sales

    Section Image
  • William Haynes

    Buyer's Agent in 2023

    William Haynes

    Crye-Leike, Inc., REALTORS

    (865) 454-1124

    7 in this area

    258 Total Sales

    Section Image
  • Lauren Criswell

    Seller's Agent in 2018

    Lauren Criswell

    Crye-Leike

    (901) 553-7647

    8 in this area

    137 Total Sales

    Section Image
  • John Criswell

    Seller Co-Listing Agent in 2018

    John Criswell

    Crye-Leike

    (901) 553-7649

    5 in this area

    148 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10170088

Memphis Area Association of REALTORS®

APN: 06-7031-0-0013

Tennessee Shelby County Memphis 38117 Colonial Acres

1561 Wilbec Rd, Memphis, TN

This home is located at 1561 Wilbec Rd, Memphis, TN 38117 since 12 April 2024 and is currently priced at $194,913. This property was built in 1956. 1561 Wilbec 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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