NOT LISTED FOR SALE

1598 Dearing Rd Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $194,036 - $216,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$128/Sq Ft Est. Value

Last Sold October 30, 2013

Last sale price $80,875 $51 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $1,194/month

133 Days on Market

Highlights

  • Updated Kitchen
  • Wood Flooring
  • 2 Car Attached Garage
  • Traditional Architecture
  • Den
  • Outdoor Storage

About This Home

As of October 2013

Charming brick home with 3 bedrooms, 2 full baths, Spacious den open to updated kitchen. New A/C condenser and coils 2012.Storage Bldg and Deck.

Last Agent to Sell the Property

Betty Booth

Omni, REALTORS License #323615 Listed on: 05/15/2013

Last Buyer's Agent

Josie Robinson

Crye-Leike, Inc., REALTORS License #225210

Crye-Leike, Inc., REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,059

Year Built

  • Built in 1955

Lot Details

  • 9,148 Sq Ft Lot
  • Chain Link Fence
  • Few Trees

Home Design

  • Traditional Architecture
  • Property Attached
  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,527 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Den
  • Updated Kitchen
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Carport
  • Workshop in Garage
  • Driveway

Outdoor Features

  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Colonial Meadows A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 066051 00034

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,059

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • MLS Map #: 759Y
  • MAAR Subdivision Name: COLONIAL ACRES
  • Number Of Stories: 1
  • Price Per Sq Ft: 52.96
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1527
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1, Hardwood Floor
  • Bedroom 3 Description: Tile Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Den, LR/DR Combination, Updated/Renovated Kitchen, Washer/Dryer Connections
  • Total Bathrooms: 2
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Full Bath

Exterior Features

  • Misc Exterior: Storage Building
  • Exterior Windows: Brick Veneer
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking Display: C2A
  • Parking Storage: Driveway/Pad, Workshop(s)

Utilities

  • Cooling: Central
  • Heating: Central, Gas

Lot Info

  • Lot Description: Some Trees, Chain Fenced
  • Lot Number: 208
  • Acreage: 0.21

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 066051 00034

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2013
Closed on
Oct 30, 2013
Sold by
Chris Martiniak L J and Maariniak Sarah M
Bought by
Jones Henry Davis and Jones Ruth C
Seller's Agent
Betty Booth
Omni, REALTORS
Buyer's Agent
Josie Robinson
Crye-Leike, Inc., REALTORS
List Price
$85,000
Sold Price
$80,875
Premium/Discount to List
-$4,125
-4.85%
Current Estimated Value
$201,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,980
Avg. Annual Appreciation
8.17%
Original Mortgage
$83,543
Outstanding Balance
$63,299
Interest Rate
4.33%
Mortgage Type
VA
Estimated Equity
$140,939

Purchase Details

Closed on
Nov 8, 2004
Sold by
Bagley Carter and Bagley Suzanne
Bought by
Martiniak L J Chris and Martiniak Sara M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 14, 1998
Sold by
Giannini Joe L and Giannini Rosemary T
Bought by
Bagley Carter B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,583
Interest Rate
6.91%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Jones Henry Davis $80,875 Saddle Creek Title
Martiniak L J Chris $95,000 --
Bagley Carter B $84,900 First Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Henry Davis $83,543
Previous Owner Martiniak L J Chris $64,000
Previous Owner Bagley Carter B $85,583
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2013 10/30/13 Sold $80,875 -4.9% $58 / Sq Ft
09/25/2013 09/25/13 Pending -- -- --
05/15/2013 05/15/13 For Sale $85,000 -- $61 / 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 $1,059 $49,475 $8,750 $40,725
2024 $1,059 $31,225 $5,225 $26,000
2023 $1,902 $31,225 $5,225 $26,000
2022 $1,902 $31,225 $5,225 $26,000
2021 $1,924 $31,225 $5,225 $26,000
2020 $1,826 $25,200 $5,225 $19,975
2019 $1,826 $25,200 $5,225 $19,975
2018 $1,826 $25,200 $5,225 $19,975
2017 $1,036 $25,200 $5,225 $19,975
2016 $1,006 $23,025 $0 $0
2014 $1,006 $23,025 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2013

    Betty Booth

    Omni, REALTORS

  • Josie Robinson

    Buyer's Agent in 2013

    Josie Robinson

    Crye-Leike

    (901) 371-6868

    1 in this area

    62 Total Sales

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3271887

Memphis Area Association of REALTORS®

APN: 06-6051-0-0034

Tennessee Shelby County Memphis 38117 Colonial Acres

1598 Dearing Rd, Memphis, TN

This home is located at 1598 Dearing Rd, Memphis, TN 38117 since 15 May 2013 and is currently estimated at $205,009, approximately $128 per square foot. This property was built in 1955. 1598 Dearing 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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