NOT LISTED FOR SALE

1575 Michael St Memphis, TN 38111

Colonial Acres Neighborhood

Estimated Value: $82,000 - $97,488

3 Beds
1.5 Baths
899 Sq Ft
$98/Sq Ft Est. Value

Last Sold June 10, 2021

Last sale price $65,000 $72 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $488/month

Highlights

  • Traditional Architecture
  • Landscaped
  • Wood Fence
  • Wood Flooring
  • Floor Furnace
  • 1-Story Property

About This Home

As of June 2021

Investment opportunity. 3 bed with 1 full and 1 half bath. Has been professionally managed and maintained

Last Agent to Sell the Property

David Taube

Redfin Corporation License #341834 Listed on: 05/19/2021

Redfin Corporation

Last Buyer's Agent

Juan Casem

Crye-Leike Inc., REALTORS License #248712

Crye-Leike Inc., REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1954

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x144
  • Wood Fence
  • Landscaped

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 899 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Utilities

  • Window Unit Cooling System
  • Floor Furnace

Community Details

  • Broadway Homes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 058155 00056

Home Details

Home Type

Single Family

Year Built

Built in 1954

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: BROADWAY HOMES
  • List Price Per Sq Ft: 67
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 899
  • 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: 0-999
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: Washer/Dryer Connections
  • Primary Bathroom Description: Tile Floor

Exterior Features

  • Misc Exterior: Well Landscaped Grounds
  • Exterior Windows: Vinyl Siding

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Window Unit(s)
  • Heating: Floor Furnace

Lot Info

  • Lot Description: Wood Fenced
  • Lot Number: 45
  • Acreage: 0.16
  • Lot Size: 50X144

Tax Info

  • Assessor Parcel Number: 058155 00056

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2025
Sold by
Porter Ray
Bought by
Bella Rental Llc
Current Estimated Value
$87,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Outstanding Balance
$111,901
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
-$24,029

Purchase Details

Listed on
May 19, 2021
Closed on
Jul 2, 2021
Sold by
Bds Homes Llc
Bought by
Porter Ray
Seller's Agent
David Taube
Redfin Corporation
Buyer's Agent
Juan Casem
Crye-Leike Inc., REALTORS
List Price
$60,000
Sold Price
$65,000
Premium/Discount to List
$5,000
8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.54%

Purchase Details

Listed on
Apr 10, 2018
Closed on
May 9, 2018
Sold by
Rba Housing Llc
Bought by
Bds Homes Llc
Seller's Agent
Dean Harris
CrestCore Realty MphsBrokerage
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$36,900
Sold Price
$34,100
Premium/Discount to List
-$2,800
-7.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.22%
Original Mortgage
$29,680
Interest Rate
4.44%
Mortgage Type
Construction

Purchase Details

Listed on
Feb 28, 2016
Closed on
Jun 23, 2016
Sold by
Wim Real Estate Onvestments I Llc
Bought by
Rba Housing Llc
Seller's Agent
George Merryfield
Leco Realty, Inc.
Buyer's Agent
Patrick Bingham
Keller Williams
List Price
$26,500
Sold Price
$17,000
Premium/Discount to List
-$9,500
-35.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.81%

Purchase Details

Closed on
Aug 2, 2013
Sold by
Fairway Capital Partners Llc
Bought by
Wim Real Estate Investments I Llc

Purchase Details

Closed on
Jun 17, 2009
Sold by
Boone Jeffrey M and Boone Richard B
Bought by
Fairway Capital Partners Llc

Purchase Details

Closed on
Feb 18, 2000
Sold by
Union Planters Bank National Assn
Bought by
Brookfield Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,000
Interest Rate
8.29%

Purchase Details

Closed on
Feb 14, 2000
Sold by
Brookfield Properties Inc
Bought by
Boone Jeffrey M and Boone Richard B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,000
Interest Rate
8.29%

Purchase Details

Closed on
Aug 7, 1998
Sold by
Mason Gerald D
Bought by
Union Planters Bank National Assn
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
Bella Rental Llc -- None Listed On Document
Porter Ray $65,000 Close Trak
Bds Homes Llc $34,100 None Available
Rba Housing Llc $17,000 None Available
Wim Real Estate Investments I Llc $47,161 None Available
Fairway Capital Partners Llc -- None Available
Brookfield Properties Inc $33,250 --
Brookfield Properties Inc $33,250 --
Boone Jeffrey M $33,250 --
Boone Jeffrey M $33,250 --
Union Planters Bank National Assn $36,800 --
Union Planters Bank National Assn $36,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bella Rental Llc $112,500
Previous Owner Bds Homes Llc $29,680
Previous Owner Boone Jeffrey M $37,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/10/2021 06/10/21 Sold $65,000 +8.3% $72 / Sq Ft
05/19/2021 05/19/21 Pending -- -- --
05/19/2021 05/19/21 For Sale $60,000 +76.0% $67 / Sq Ft
05/09/2018 05/09/18 Sold $34,100 -7.6% $341 / Sq Ft View Prior Sale
04/18/2018 04/18/18 Pending -- -- --
04/10/2018 04/10/18 For Sale $36,900 +117.1% $369 / Sq Ft
06/23/2016 06/23/16 Sold $17,000 -35.8% $19 / Sq Ft View Prior Sale
06/01/2016 06/01/16 Pending -- -- --
02/28/2016 02/28/16 For Sale $26,500 -- $29 / 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 $428 $21,725 $5,000 $16,725
2024 $428 $12,625 $2,825 $9,800
2023 $769 $12,625 $2,825 $9,800
2022 $769 $12,625 $2,825 $9,800
2021 $778 $12,625 $2,825 $9,800
2020 $348 $10,900 $2,575 $8,325
2019 $348 $10,900 $2,575 $8,325
2018 $348 $10,900 $2,575 $8,325
2017 $357 $10,900 $2,575 $8,325
2016 $432 $9,875 $0 $0
2014 $432 $9,875 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    David Taube

    Redfin Corporation

    Section Image
  • Juan Casem

    Buyer's Agent in 2021

    Juan Casem

    Crye-Leike

    (901) 216-5529

    41 in this area

    131 Total Sales

    Juan Casem
    Section Image
  • Dean Harris

    Seller's Agent in 2018

    Dean Harris

    CrestCore Realty MphsBrokerage

    (901) 619-6170

    29 in this area

    1,399 Total Sales

    Dean Harris
    Section Image

  • N

    Buyer's Agent in 2018

    NON-MLS NON-BOARD AGENT

    NON-MLS OR NON-BOARD OFFICE

  • G

    Seller's Agent in 2016

    George Merryfield

    Leco Realty, Inc.

    (901) 289-6772

    23 Total Sales

    George Merryfield
    Section Image

  • P

    Buyer's Agent in 2016

    Patrick Bingham

    Keller Williams

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10099695

Memphis Area Association of REALTORS®

APN: 05-8155-0-0056

Tennessee Shelby County Memphis 38111 Colonial Acres

1575 Michael St, Memphis, TN

Not Listed for Sale

Detached

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