NOT LISTED FOR SALE

1562 Sea Isle Rd Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $193,000 - $216,000

4 Beds
2 Baths
2,000-2,199 Sq Ft
$92/Sq Ft Est. Value

Last Sold August 17, 2021

Last sale price $192,200 $87 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,196/month

Highlights

  • Traditional Architecture
  • Den
  • Some Wood Windows
  • Wood Flooring
  • Covered Patio or Porch
  • Laundry Room

About This Home

As of August 2021

Spacious and cute Colonial Acres home has over 2000 square feet, large dining or second living space, an actual laundry room, two storage rooms, and covered back patio. It is a LOT of living space! Sellers have been continuously updating and working on the property - check out the cool barn doors and coffee bar!

Last Agent to Sell the Property

Alicia Teeter

The Firm License #330939 Listed on: 07/11/2021

Last Buyer's Agent

Spencer Lindahl

Main Street Renewal, LLC License #331452

Main Street Renewal, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,412

Year Built

  • Built in 1953

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 70x100
  • Chain Link Fence
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,000-2,199 Sq Ft Home
  • 2,052 Sq Ft Home
  • 1-Story Property
  • Fireplace Features Masonry
  • Some Wood Windows
  • Combination Dining and Living Room
  • Den
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Bathtub With Separate Shower Stall

Parking

  • 1 Parking Space
  • Carport
  • Driveway

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Colonial Meadows Subdv Subdivision

Listing and Financial Details

  • Assessor Parcel Number 066036 00032

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,412

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: 102
  • Number Of Stories: 1
  • Price Per Sq Ft: 93.66
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2052
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 4th of More Bedrooms, 2 or More Baths, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Renovated Bathroom, Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 2000-2199
  • Bedroom 2 Description: Level 1, Shared Bath
  • Bedroom 3 Description: Level 1, Shared Bath
  • Bedroom 4 Description: Level 1, Shared Bath
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Fireplace: Masonry
  • Floors/Ceilings: Part Hardwood, Wood Laminate Floors, Part Carpet
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Dishwasher, Microwave
  • Living Dining Kitchen: Separate Den, LR/DR Combination, Pantry
  • Misc Interior: Pull Down Attic Stairs
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room
  • Total Bathrooms: 2
  • Primary Bathroom Description: Separate Shower, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Full Bath, Carpet

Exterior Features

  • Misc Exterior: Porch, Covered Patio, Chain Fence
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Security: Dead Bolt Lock(s)
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Chain Fenced
  • Lot Number: 34
  • Acreage: 0.21
  • Lot Size: 70X100
  • Price Per Acre: 1000000

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 066036 00032

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2022
Sold by
Arvm 5 Llc
Bought by
Armm Asset Company 1 Llc
Current Estimated Value
$203,356

Purchase Details

Listed on
Jul 11, 2021
Closed on
Aug 17, 2021
Sold by
Frederick Dailey Boone and Grisham Erica
Bought by
Arvm 5 Llc
Seller's Agent
Alicia Teeter
The Firm
Buyer's Agent
Spencer Lindahl
Main Street Renewal, LLC
List Price
$210,000
Sold Price
$192,200
Premium/Discount to List
-$17,800
-8.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.37%

Purchase Details

Listed on
Apr 10, 2017
Closed on
May 19, 2017
Sold by
Mcdaniel Mark S and Mcdaniel Kimberly C
Bought by
Frederick Dailey B
Seller's Agent
Zach Thomas
Sell901 Real Estate
Buyer's Agent
Alicia Teeter
The Firm
List Price
$119,900
Sold Price
$119,500
Premium/Discount to List
-$400
-0.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.83%
Original Mortgage
$117,335
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 24, 2009
Sold by
Horton James L and Horton Rebecca M
Bought by
Mcdaniel Mark S and Mcdaniel Kimberly C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
5.53%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 31, 2000
Sold by
Taylor Edward A and Taylor John H
Bought by
Horton James L and Horton Rebecca M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,956
Interest Rate
8.05%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 13, 1998
Sold by
Sokola Marcella M
Bought by
Taylor Joy Stokes and Taylor Edward Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,400
Interest Rate
6.61%
Source: Public Records

Range of Values:

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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
Armm Asset Company 1 Llc $1,103,985 None Listed On Document
Arvm 5 Llc $192,200 Summit Title & Escrow Llc
Frederick Dailey B $119,500 None Available
Mcdaniel Mark S $90,000 None Available
Horton James L $85,000 --
Taylor Joy Stokes $82,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Frederick Dailey B $117,335
Previous Owner Mcdaniel Mark S $81,000
Previous Owner Horton James L $84,956
Previous Owner Taylor Joy Stokes $61,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/17/2021 08/17/21 Sold $192,200 -8.5% $96 / Sq Ft
07/11/2021 07/11/21 For Sale $210,000 +75.7% $105 / Sq Ft
05/19/2017 05/19/17 Sold $119,500 -0.3% $60 / Sq Ft View Prior Sale
04/13/2017 04/13/17 Pending -- -- --
04/10/2017 04/10/17 For Sale $119,900 -- $60 / 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 $1,412 $53,775 $8,000 $45,775
2024 -- $41,650 $4,425 $37,225
2023 $2,537 $41,650 $4,425 $37,225
2022 $2,537 $41,650 $4,425 $37,225
2021 $2,567 $41,650 $4,425 $37,225
2020 $1,690 $23,325 $4,425 $18,900
2019 $745 $23,325 $4,425 $18,900
2018 $745 $23,325 $4,425 $18,900
2017 $763 $23,325 $4,425 $18,900
2016 $1,055 $24,150 $0 $0
2014 $1,055 $24,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Alicia Teeter

    Seller's Agent in 2021

    Alicia Teeter

    The Firm

    (901) 606-4669

    5 in this area

    189 Total Sales

    Alicia Teeter
    Section Image

  • S

    Buyer's Agent in 2021

    Spencer Lindahl

    Main Street Renewal, LLC

    Section Image
  • Zach Thomas

    Seller's Agent in 2017

    Zach Thomas

    Sell901 Real Estate

    (901) 674-1612

    3 in this area

    156 Total Sales

    Zach Thomas
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10103798

Memphis Area Association of REALTORS®

APN: 06-6036-0-0032

Tennessee Shelby County Memphis 38117 Colonial Acres

1562 Sea Isle Rd, Memphis, TN

This home is located at 1562 Sea Isle Rd, Memphis, TN 38117 since 11 July 2021 and is currently estimated at $203,356, approximately $92 per square foot. This property was built in 1953. 1562 Sea Isle 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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