$129,900
SOLD AUG 29, 2025
3 Beds
1 Bath
1,000-1,199 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$108 Per Sq Ft

4% Below List Price

6 Days on Market

About This Home

As of August 2025

Welcome to 1606 Sea isle—a solid investment opportunity in the desirable colonial acres neighborhood of Memphis! Currently rented for $1,300/month with a long-term tenant in place. The tenant is on a month-to-month lease, offering flexibility for future plans. Conveniently located near local amenities in east Memphis, schools, and I-240. Minutes from the Fed Ex HUB! Please do not disturb the tenant. All showings will take place during the inspection period after an accepted offer.

Last Agent to Sell the Property

Robert Stone

Keller Williams License #294886 Listed on: 08/05/2025

Keller Williams

Last Buyer's Agent

Verna Littleton

Fast Track Realty, LLC License #274344

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $998

Year Built

  • Built in 1953

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 90x107

Parking

  • 1 Parking Space

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,098 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Community Details

  • Colonial Meadows Subdv Subdivision

Listing and Financial Details

  • Assessor Parcel Number 066037 00031

Home Details

Home Type

Single Family

Est. Annual Taxes

$998

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 759E
  • MAAR Subdivision Name: COLONIAL ACRES
  • Number Of Stories: 1
  • Price Per Sq Ft: 118.31
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1098
  • Year Built: 1953
  • List Price/ Sq Ft: 123
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: N1

Lot Info

  • Lot Number: 81
  • Acreage: 0.22
  • Lot Size: 90X107
  • Price Per Acre: 613182
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 066037 00031

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2025
Closed on
Aug 29, 2025
Sold by
Rka Investments Llc
Bought by
Asset Wise Llc
Seller's Agent
Robert Stone
Keller Williams
Buyer's Agent
Verna Littleton
Fast Track Realty, LLC
List Price
$134,900
Sold Price
$129,900
Premium/Discount to List
-$5,000
-3.71%
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.51%
Original Mortgage
$129,900
Outstanding Balance
$129,900
Interest Rate
6.74%
Mortgage Type
Credit Line Revolving
Estimated Equity
$3,602

Purchase Details

Closed on
Jan 25, 2013
Sold by
Rka Construction Llc
Bought by
Rka Investments Llc

Purchase Details

Closed on
Nov 4, 2011
Sold by
Anderson Ryan K and Anderson Caroline B
Bought by
Rka Investments Llc

Purchase Details

Closed on
Sep 8, 2011
Sold by
Rka Investments Llc
Bought by
Anderson Ryan K and Anderson Caroline B

Purchase Details

Closed on
Aug 23, 2011
Sold by
Ems Philip
Bought by
Rka Investments Llc

Purchase Details

Closed on
Jun 21, 2007
Sold by
Rockholt Dustin K
Bought by
Ems Philip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,500
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 30, 2003
Sold by
Mcdaniel Jacqueline R and Rockholt Jacqueline R Mcdaniel
Bought by
Rockholt Dustin K

Purchase Details

Closed on
Jun 29, 2001
Sold by
Rhea William D and Rhea Yvonne P
Bought by
Rockholt Dustin K and Mcdaniel Jacqueline R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,683
Interest Rate
7.17%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 7, 1998
Sold by
Burns Monte B and Burns Barbara A
Bought by
Rhea William D and Rhea Yvonne P
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 Type Sale Price Title Company
Warranty Deed $129,900 Integra Title & Escrow
Quit Claim Deed -- None Available
Quit Claim Deed -- Multiple
Quit Claim Deed -- Fntg
Warranty Deed $46,760 Multiple
Warranty Deed $95,500 Chicago Title Insurance Co
Interfamily Deed Transfer -- --
Warranty Deed $72,250 --
Warranty Deed $58,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $129,900 Credit Line Revolving
Previous Owner $95,500 Purchase Money Mortgage
Previous Owner $71,683 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2025 08/29/25 Sold $129,900 -3.7% $130 / Sq Ft
08/11/2025 08/11/25 Pending -- -- --
08/05/2025 08/05/25 For Sale $134,900 -- $135 / 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 $998 $34,150 $8,000 $26,150
2024 $998 $29,450 $4,425 $25,025
2023 $1,794 $29,450 $4,425 $25,025
2022 $1,794 $29,450 $4,425 $25,025
2021 $1,815 $29,450 $4,425 $25,025
2020 $1,199 $16,550 $4,425 $12,125
2019 $1,199 $16,550 $4,425 $12,125
2018 $1,199 $16,550 $4,425 $12,125
2017 $680 $16,550 $4,425 $12,125
2016 $765 $17,500 $0 $0
2014 $765 $17,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10202855

Memphis Area Association of REALTORS®

APN: 06-6037-0-0031