NOT LISTED FOR SALE

1612 Ivy Rd Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $226,520 - $290,000

3 Beds
3 Baths
1,600-1,799 Sq Ft
$138/Sq Ft Est. Value

Last Sold June 17, 2020

Last sale price $214,200 $119 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,490/month

25 Days on Market

Highlights

  • Updated Kitchen
  • 1 Fireplace
  • Dual Vanity Sinks in Primary Bathroom
  • Wood Flooring
  • Porch
  • Storage Room

About This Home

As of June 2020

Don't you just love a wonderfully renovated home in Colonial Acres? Come see this amazing 3 bedroom beauty, with a RARE-for-the-area 3 (updated) bathrooms. Hardwood throughout, smooth ceilings, updated kitchen with gas stove, separate laundry room, covered patio, large storage building, 2 y/o roof, energy efficient windows, crown molding and so much more! Some things you just have to see to believe...and this is it! Open house Sunday, May 17th from 1:00-3:00. Stop by!

Last Agent to Sell the Property

Tracy Duggan

Real Broker License #338857 Listed on: 05/14/2020

Last Buyer's Agent

Cindy Leavell

Marx-Bensdorf, REALTORS License #328252

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,652

Year Built

  • Built in 1956

Lot Details

  • 7,841 Sq Ft Lot
  • Level Lot
  • Few Trees

Home Design

  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,600 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Window Treatments
  • Combination Dining and Living Room
  • Storage Room
  • Wood Flooring
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Updated Kitchen
  • Gas Cooktop

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Remodeled Bathroom
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Parking

  • 1 Parking Space
  • Carport
  • Driveway

Outdoor Features

  • Outdoor Storage
  • Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • Colonial Village D Subdivision

Listing and Financial Details

  • Assessor Parcel Number 066074 00026

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,652

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Ranch
  • Detached Unit Type: General Residential
  • MLS Map #: 759E
  • MAAR Subdivision Name: COLONIAL ACRES
  • List Price Per Sq Ft: 128
  • Number Of Stories: 1
  • Price Per Sq Ft: 133.88
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1600
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Split Bedroom Plan, Renovated Bathroom, Luxury Primary Bath, Double Vanity Bath, Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 1, Private Full Bath, Hardwood Floor
  • Bedroom 3 Description: Level 1, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 3
  • Equipment: Gas Cooking
  • Living Dining Kitchen: LR/DR Combination, Updated/Renovated Kitchen
  • Misc Interior: Excl Some Window Treatmnt, Pull Down Attic Stairs
  • Number Of Fireplaces: 1
  • Total Bathrooms: 3
  • Primary Bathroom Description: Double Sinks, Separate Shower
  • P R I M A R Y B E D R O O M: Level 1, Hardwood Floor

Exterior Features

  • Misc Exterior: Storage Building, Porch
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1
  • Parking Storage: Driveway/Pad, Storage Room(s)

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Smoke Detector(s)
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 350
  • Acreage: 0.18
  • Lot Size: .18
  • Price Per Acre: 1138889

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 066074 00026

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2020
Closed on
Jun 15, 2020
Sold by
Summerford Michael R and Summerford Holly
Bought by
Patel Devanshi D
Seller's Agent
Tracy Duggan
Real Broker
Buyer's Agent
Cindy Leavell
Marx-Bensdorf, REALTORS
List Price
$205,000
Sold Price
$214,200
Premium/Discount to List
$9,200
4.49%
Current Estimated Value
$248,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,930
Avg. Annual Appreciation
3.40%
Original Mortgage
$214,200
Outstanding Balance
$191,541
Interest Rate
3.2%
Mortgage Type
Commercial
Estimated Equity
$63,309

Purchase Details

Listed on
Aug 14, 2017
Closed on
Jun 5, 2018
Sold by
Winbush Harodl
Bought by
Summerford Michael R
Seller's Agent
Roline Saunders-Austin
BEST Real Estate Company
Buyer's Agent
Tracy Duggan
Real Broker
List Price
$199,000
Sold Price
$178,800
Premium/Discount to List
-$20,200
-10.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.31%
Original Mortgage
$183,091
Interest Rate
4.5%
Mortgage Type
VA

Purchase Details

Listed on
Aug 30, 2016
Closed on
Dec 19, 2016
Sold by
Shearon James R and Kuykendal Shuna L
Bought by
Austin Consulant & Development Llc
Seller's Agent
George Roser
My Home Realty, LLC
Buyer's Agent
Melanie Bolden
Mustard Seed Realty Group
List Price
$60,000
Sold Price
$60,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
110.18%

Purchase Details

Listed on
Aug 30, 2016
Closed on
Dec 16, 2016
Sold by
Austin Consultant And Development Llc
Bought by
Winbush Harold
Seller's Agent
George Roser
My Home Realty, LLC
Buyer's Agent
Melanie Bolden
Mustard Seed Realty Group
List Price
$60,000
Sold Price
$60,000

Purchase Details

Closed on
Nov 16, 2006
Sold by
Purvis Helen and Presley Debra Ross
Bought by
Shearon James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.35%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

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Average Value
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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
Patel Devanshi D $214,200 Edco Ttl & Closing Svcs Inc
Summerford Michael R $178,800 Closetrak Llc
Austin Consulant & Development Llc $60,000 First National Financial Tit
Winbush Harold -- Saddle Creek Title Llc
Shearon James R $100,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Devanshi D $214,200
Previous Owner Summerford Michael R $183,091
Previous Owner Summerford Michael R $183,091
Previous Owner Shearon James R $97,471
Previous Owner Shearon James R $80,000
Previous Owner Shearon James R $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2020 06/17/20 Sold $214,200 +4.5% $134 / Sq Ft
06/08/2020 06/08/20 Pending -- -- --
05/14/2020 05/14/20 For Sale $205,000 +14.7% $128 / Sq Ft
06/06/2018 06/06/18 Sold $178,800 -10.2% $128 / Sq Ft
04/19/2018 04/19/18 Pending -- -- --
08/14/2017 08/14/17 For Sale $199,000 +231.7% $142 / Sq Ft
12/16/2016 12/16/16 Sold $60,000 0.0% $50 / Sq Ft
09/09/2016 09/09/16 Pending -- -- --
08/30/2016 08/30/16 For Sale $60,000 -- $50 / 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 $1,652 $64,250 $8,750 $55,500
2024 $1,652 $48,725 $5,225 $43,500
2023 $2,968 $48,725 $5,225 $43,500
2022 $2,968 $48,725 $5,225 $43,500
2021 $1,681 $48,725 $5,225 $43,500
2020 $2,772 $38,250 $5,225 $33,025
2019 $1,222 $38,250 $5,225 $33,025
2018 $748 $23,400 $5,225 $18,175
2017 $766 $23,400 $5,225 $18,175
2016 $943 $21,575 $0 $0
2014 $943 $21,575 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tracy Duggan

    Seller's Agent in 2020

    Tracy Duggan

    Real Broker

    (901) 519-2213

    2 in this area

    172 Total Sales

    Tracy Duggan
    Section Image
  • Cindy Leavell

    Buyer's Agent in 2020

    Cindy Leavell

    Marx-Bensdorf, REALTORS

    (901) 355-6086

    25 in this area

    57 Total Sales

    Cindy Leavell
    Section Image
  • Roline Saunders-Austin

    Seller's Agent in 2018

    Roline Saunders-Austin

    BEST Real Estate Company

    (901) 237-7476

    62 Total Sales

    Roline Saunders-Austin
    Section Image

  • G

    Seller's Agent in 2016

    George Roser

    My Home Realty, LLC

    (662) 470-7336

    67 Total Sales

    George Roser
    Section Image
  • Melanie Bolden

    Buyer's Agent in 2016

    Melanie Bolden

    Mustard Seed Realty Group

    (662) 209-1913

    41 Total Sales

    Melanie Bolden
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10076502

Memphis Area Association of REALTORS®

APN: 06-6074-0-0026

Tennessee Shelby County Memphis 38117 Colonial Acres

1612 Ivy Rd, Memphis, TN

This home is located at 1612 Ivy Rd, Memphis, TN 38117 since 14 May 2020 and is currently estimated at $248,130, approximately $137 per square foot. This property was built in 1956. 1612 Ivy 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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