NOT LISTED FOR SALE

1587 Willey St Memphis, TN 38119

Colonial Acres Neighborhood

Estimated Value: $265,000 - $290,000

0.19 Acre
$1,469,795 Price per Acre
8,276 Sq Ft Lot

Last Sold May 29, 2014

Last sale price $22,500

Est. 1,141% increase in value since last sale

Current estimated payment $1,713/month

3 Days on Market

Highlights

  • Door to Door Trash Pickup
  • Fenced
  • Level Lot

About This Lot

As of May 2014

Zoned residential, single family. Owners need to sell as soon as possible. Lot has been cleaned off and is ready to sell.

Last Agent to Sell the Property

Bonita Evans

McWaters & Associates License #246180 Listed on: 05/18/2014

Last Buyer's Agent

Heath Gooch

STIXNBRIX License #273330

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,288

Lot Details

  • 8,276 Sq Ft Lot
  • Fenced
  • Level Lot
  • Property is zoned R-8

Additional Features

  • City Lot
  • Phone Available

Community Details

  • Glen Park 6Th Addition Subdivision
  • Door to Door Trash Pickup

Listing and Financial Details

  • Assessor Parcel Number 067078 00007

Property Details

Property Type

Land

Est. Annual Taxes

$2,288

Lot Details

0

Listing Details

  • Class: Land
  • Type: Land
  • Cross Street: Timmons
  • Location: City, Subdivision
  • MLS Map #: 759F
  • MAAR Subdivision Name: Colonial Acres - Glen Park 6th Addition
  • Price Per Sq Ft: 118421.05
  • Miscellaneous: Garbage Pickup
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Utilities: Public Water, Electricity, Public Sewer, Natural Gas, Telephone

Lot Info

  • Lot Number: 0152
  • Acreage: 0.19
  • Lot Size: 0.19 acre
  • Price Per Acre: 150000
  • Zoning: R-8
  • Improvements: Curbs and Gutters, Sidewalk, Fenced
  • Lots Available: 1 Only
  • Present Usage: None/Vacant
  • Shape: Regular
  • Topographic Feature: Level
  • Zoning Of Adjacent Area: Single Family

Tax Info

  • Assessor Parcel Number: 067078 00007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 6, 2016
Sold by
Top Homes Llc
Bought by
Romero Ervin F and Romero Caitlin R N
Current Estimated Value
$279,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,552
Outstanding Balance
$140,377
Interest Rate
3.66%
Mortgage Type
VA
Estimated Equity
$147,577

Purchase Details

Closed on
Dec 1, 2015
Sold by
Titan Properties Llc
Bought by
Top Homes Llc

Purchase Details

Listed on
May 18, 2014
Closed on
May 29, 2014
Sold by
Cornett James T and Cornett Megan P
Bought by
Titan Properties Llc
Seller's Agent
Bonita Evans
McWaters & Associates
Buyer's Agent
Heath Gooch
STIXNBRIX
List Price
$28,500
Sold Price
$22,500
Premium/Discount to List
-$6,000
-21.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.43%

Purchase Details

Closed on
Oct 22, 2013
Sold by
Garmon Suzette T
Bought by
Cornett James T and Cornett Megan P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,790
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 1999
Sold by
Garmon David S and Garmon Suzette T
Bought by
Thibadoux Hazel M and Garmon Suzette T
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
Romero Ervin F $169,900 Delta Title Services Llc
Top Homes Llc $25,000 Delta Title Services Llc
Titan Properties Llc $22,500 Multiple
Cornett James T $107,000 None Available
Thibadoux Hazel M $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Romero Ervin F $173,552
Previous Owner Cornett James T $103,790
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2014 05/29/14 Sold $22,500 -21.1% --
05/21/2014 05/21/14 Pending -- -- --
05/18/2014 05/18/14 For Sale $28,500 -- --
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 $2,288 $89,950 $11,250 $78,700
2024 $2,288 $67,500 $8,650 $58,850
2023 $4,112 $67,500 $8,650 $58,850
2022 $4,112 $67,500 $8,650 $58,850
2021 $4,160 $67,500 $8,650 $58,850
2020 $3,083 $42,550 $8,650 $33,900
2019 $3,083 $42,550 $8,650 $33,900
2018 $3,083 $42,550 $8,650 $33,900
2017 $1,749 $42,550 $8,650 $33,900
2016 $378 $8,650 $0 $0
2014 $465 $26,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2014

    Bonita Evans

    McWaters & Associates

  • Heath Gooch

    Buyer's Agent in 2014

    Heath Gooch

    STIXNBRIX

    (901) 745-7500

    3 in this area

    42 Total Sales

    Heath Gooch
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9926941

Memphis Area Association of REALTORS®

APN: 06-7078-0-0007

Tennessee Shelby County Memphis 38119 Colonial Acres

1587 Willey St, Memphis, TN

This home is located at 1587 Willey St, Memphis, TN 38119 since 18 May 2014 and is currently estimated at $279,261. 1587 Willey St is a home located in Shelby County with nearby schools including Sea Isle Elementary School, Colonial Middle, and Overton High.

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