1603 Sterling Dr Memphis, TN 38119
Colonial Acres NeighborhoodEstimated Value: $221,000 - $234,000
2
Beds
2
Baths
1,258
Sq Ft
$181/Sq Ft
Est. Value
About This Home
This home is located at 1603 Sterling Dr, Memphis, TN 38119 and is currently estimated at $227,488, approximately $180 per square foot. 1603 Sterling Dr is a home located in Shelby County with nearby schools including Sea Isle Elementary School, Colonial Middle, and Overton High.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 31, 2006
Sold by
Bank Of America Na
Bought by
Smith James and Smith Jessica
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,500
Outstanding Balance
$73,155
Interest Rate
6.23%
Mortgage Type
Fannie Mae Freddie Mac
Estimated Equity
$154,210
Purchase Details
Closed on
Jan 12, 2006
Sold by
Yates Amy A and Yates Adam
Bought by
Bank Of America Na
Purchase Details
Closed on
May 26, 2005
Sold by
Jacobus Tyler J and Jacobus Melissa M
Bought by
Yates James A and Yates Amy A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,500
Interest Rate
5.62%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
May 21, 2004
Sold by
Mynatt Stephen A
Bought by
Jacobus Tyler J and Jacobus Melissa M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,200
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 30, 2002
Sold by
Moerbe Jennifer Ann Hunsucker
Bought by
Mynatt Stephen A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,043
Interest Rate
6.21%
Mortgage Type
FHA
Purchase Details
Closed on
May 18, 1998
Sold by
Mitchell Donald S Tr
Bought by
Hunsucker Jennifer Ann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,644
Interest Rate
7.11%
Mortgage Type
FHA
Purchase Details
Closed on
Jan 24, 1996
Bought by
Turner Linda A
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 | Buyer | Sale Price | Title Company |
---|---|---|---|
Smith James | $125,500 | None Available | |
Bank Of America Na | $124,000 | None Available | |
Yates James A | $134,500 | Realty Title | |
Jacobus Tyler J | $133,200 | -- | |
Mynatt Stephen A | $122,000 | -- | |
Hunsucker Jennifer Ann | $91,000 | First American Title Ins Co | |
Turner Linda A | $82,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Smith James | $125,500 | |
Previous Owner | Yates James A | $134,500 | |
Previous Owner | Jacobus Tyler J | $113,200 | |
Previous Owner | Mynatt Stephen A | $121,043 | |
Previous Owner | Hunsucker Jennifer Ann | $90,644 |
Source: Public Records
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 | $1,452 | $58,400 | $11,250 | $47,150 |
2024 | $1,452 | $42,825 | $8,650 | $34,175 |
2023 | $2,609 | $42,825 | $8,650 | $34,175 |
2022 | $2,609 | $42,825 | $8,650 | $34,175 |
2021 | $2,639 | $42,825 | $8,650 | $34,175 |
2020 | $2,152 | $29,700 | $8,650 | $21,050 |
2019 | $2,152 | $29,700 | $8,650 | $21,050 |
2018 | $2,152 | $29,700 | $8,650 | $21,050 |
2017 | $1,221 | $29,700 | $8,650 | $21,050 |
2016 | $1,127 | $25,800 | $0 | $0 |
2014 | $1,127 | $25,800 | $0 | $0 |
Source: Public Records
Map
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