1576 Gilson Rd Memphis, TN 38117
Colonial Acres Neighborhood
2
Beds
1
Bath
1,000-1,199
Sq Ft
0.26
Acres
Highlights
- Updated Kitchen
- Wood Flooring
- Separate Formal Living Room
- Traditional Architecture
- Attic
- Corner Lot
About This Home
As of March 2025Charming brick home in Colonial Acres! Interior features include a large living room with beautiful hardwood flooring, French doors and ceiling fan, renovated kitchen with granite tops, painted cabinetry with top lighting, tile flooring-refrigerator remains, separate dining room with library paneling & wood flooring, and two sizeable bedrooms with hardwood flooring, neutral paint, and smooth ceilings. Exterior features include a large fenced backyard with a covered porch, brick pavers, and a huge detached shed or workshop for extra storage! Come see this move in ready home that is available for quick possession!
Last Agent to Sell the Property
BHHS McLemore & Co. Realty License #297705 Listed on: 01/24/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,100
Year Built
- Built in 1952
Lot Details
- 0.26 Acre Lot
- Lot Dimensions are 121x131
- Wood Fence
- Corner Lot
- Level Lot
- Few Trees
Home Design
- Traditional Architecture
- Composition Shingle Roof
- Pier And Beam
Interior Spaces
- 1,000-1,199 Sq Ft Home
- 1,013 Sq Ft Home
- 1-Story Property
- Smooth Ceilings
- Popcorn or blown ceiling
- Ceiling Fan
- Separate Formal Living Room
- Dining Room
- Pull Down Stairs to Attic
- Iron Doors
- Washer and Dryer Hookup
Kitchen
- Updated Kitchen
- Self-Cleaning Oven
- Cooktop
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Parking
- 1 Car Attached Garage
- Carport
- Workshop in Garage
- Driveway
Outdoor Features
- Covered Patio or Porch
- Outdoor Storage
Location
- Ground Level
Utilities
- Central Heating and Cooling System
- Vented Exhaust Fan
- Gas Water Heater
- Cable TV Available
Community Details
- Colonial Acres 2Nd Addn Subdivision
Listing and Financial Details
- Assessor Parcel Number 066023 00057
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 24, 2025
Closed on
Mar 21, 2025
Sold by
Harrison Allie D
Bought by
Prosser Karen
Seller's Agent
Mary Lynn Nicholson
BHHS McLemore & Co. Realty
Buyer's Agent
Debbie Sowell
NextHome Cornerstone Realty
List Price
$164,900
Sold Price
$170,000
Premium/Discount to List
$5,100
3.09%
Views
68
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,032
Avg. Annual Appreciation
-6.17%
Original Mortgage
$136,000
Outstanding Balance
$135,766
Interest Rate
6.76%
Mortgage Type
Credit Line Revolving
Estimated Equity
$29,640
Purchase Details
Listed on
Nov 2, 2022
Closed on
Dec 20, 2022
Sold by
Memphis Investment Properties Iii Llc
Bought by
Harrison Allie D
Seller's Agent
Danielle Holland
Reedy & Company, REALTORS
Buyer's Agent
Andy McElhannon
REMAX Experts
List Price
$159,900
Sold Price
$165,000
Premium/Discount to List
$5,100
3.19%
Views
4
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.34%
Original Mortgage
$162,011
Interest Rate
6.58%
Mortgage Type
FHA
Purchase Details
Closed on
Jun 6, 2022
Sold by
Anderson Joshua M
Bought by
Memphis Investment Properties Iii Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
5.27%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 4, 2009
Sold by
Hsbc Bank Usa Na
Bought by
Anderson Joshua M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,600
Interest Rate
5.14%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 22, 2008
Sold by
Savoy Joseph K
Bought by
Hsbc Bank Usa Na and Naac Mortgage Pass Through Certificates
Purchase Details
Closed on
Nov 29, 2006
Sold by
Heath Shelton
Bought by
Savoy Joseph Kenneth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Memphis, TN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $170,000 | Executive Title & Closing | |
| Warranty Deed | $165,000 | -- | |
| Warranty Deed | $120,000 | None Listed On Document | |
| Special Warranty Deed | $36,000 | None Available | |
| Trustee Deed | $34,320 | None Available | |
| Warranty Deed | $60,000 | Realty Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $136,000 | Credit Line Revolving | |
| Previous Owner | $162,011 | FHA | |
| Previous Owner | $155,000 | New Conventional | |
| Previous Owner | $30,600 | Purchase Money Mortgage | |
| Previous Owner | $54,000 | Purchase Money Mortgage | |
| Previous Owner | $38,500 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/21/2025 03/21/25 | Sold | $170,000 | +3.1% | $170 / Sq Ft |
| 02/18/2025 02/18/25 | Pending | -- | -- | -- |
| 01/24/2025 01/24/25 | For Sale | $164,900 | -0.1% | $165 / Sq Ft |
| 12/20/2022 12/20/22 | Sold | $165,000 | +3.2% | $165 / Sq Ft |
| 12/02/2022 12/02/22 | Pending | -- | -- | -- |
| 11/02/2022 11/02/22 | For Sale | $159,900 | -- | $160 / Sq Ft |
Source: Memphis Area Association of REALTORS®
Tax History Compared to Growth
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 | $1,100 | $41,075 | $8,000 | $33,075 |
| 2024 | $1,100 | $32,450 | $4,425 | $28,025 |
| 2023 | $1,977 | $32,450 | $4,425 | $28,025 |
| 2022 | $1,977 | $32,450 | $4,425 | $28,025 |
| 2021 | $2,000 | $32,450 | $4,425 | $28,025 |
| 2020 | $1,114 | $15,375 | $4,425 | $10,950 |
| 2019 | $491 | $15,375 | $4,425 | $10,950 |
| 2018 | $491 | $15,375 | $4,425 | $10,950 |
| 2017 | $503 | $15,375 | $4,425 | $10,950 |
| 2016 | $686 | $15,700 | $0 | $0 |
| 2014 | $686 | $15,700 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Mary Lynn Nicholson
Seller's Agent in 2025
Mary Lynn Nicholson
BHHS McLemore & Co. Realty
(901) 413-4846
3 in this area
86 Total Sales
-
Debbie Sowell
Buyer's Agent in 2025
Debbie Sowell
NextHome Cornerstone Realty
(901) 560-6398
2 in this area
75 Total Sales
-
Danielle Holland
Seller's Agent in 2022
Danielle Holland
Reedy & Company, REALTORS
(901) 489-2093
8 in this area
226 Total Sales
-
A
Buyer's Agent in 2022
Andy McElhannon
RE/MAX
Map
Source: Memphis Area Association of REALTORS®
MLS Number: 10188696
APN: 06-6023-0-0057
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