NOT LISTED FOR SALE

1616 Gilson Rd Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $163,000 - $182,000

3 Beds
1 Bath
1,000-1,199 Sq Ft
$143/Sq Ft Est. Value

Sale Details

Date Sold: September 18, 2023

Last sale price $179,900 $150 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,033 / mo

42 Days on Market

Highlights

  • Separate Formal Living Room
  • Tile Flooring
  • Level Lot
  • Brick Veneer
  • 1 Car Garage
  • 1-Story Property

About This Home

As of September 2023

Welcome to this beautifully renovated 3 bed 1 bath home! Step inside and see the authentic hardwood flooring running throughout the entire property. All new tile, cabinets and granite countertops in the kitchen. The bathroom has been updated with all new shower tile, vanity and tile on the floor. Make your way to the back of the home to enjoy the large private fenced in backyard! Come and check it out today!

Last Agent to Sell the Property

Ralph Harvey

List With Freedom.Com, Inc. License #338742 Listed on: 06/30/2023

Last Buyer's Agent

Jonathan Nunez

Fast Track Realty, LLC License #349008

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 60x140
  • Level Lot

Home Design

  • Brick Veneer
  • Slab Foundation

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,022 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Tile Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Garage
  • Front Facing Garage

Community Details

  • Colonial Acres 3Rd Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 066023 00051

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Ranch
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: COLONIAL ACRES
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1022
  • Year Built: 1952
  • 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
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Floors/Ceilings: Tile
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Sidewalks
  • Exterior Windows: Brick Veneer
  • Foundation: Slab

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 1
  • Parking Display: G1
  • Parking Storage: Front-Load Garage

Utilities

  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Level
  • Lot Number: 114
  • Acreage: 0.19
  • Lot Size: 60X140

Tax Info

  • Assessor Parcel Number: 066023 00051

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2023
Closed on
Sep 15, 2023
Sold by
Bought by
Seller's Agent
Ralph Harvey
List With Freedom.Com, Inc.
Buyer's Agent
Jonathan Nunez
Fast Track Realty, LLC
List Price
$198,900
Sold Price
$179,900
Premium/Discount to List
-$19,000
-9.55%
Views
155
Current Estimated Value
$171,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,854
Avg. Annual Appreciation
-1.74%
Original Mortgage
$10,794
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.3%
Mortgage Type
Construction
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Colonial Acres, TN

  • Amy Anderson Real Estate Agent - Crye-Leike, Inc., REALTORS

    Amy Anderson

    Crye-Leike, Inc., REALTORS

    (901) 666-6838

    31 Total Sales

    1 in Colonial Acres

    $146,350 Price

    Amy Anderson
     Section Image
  • Edwin Scruggs Real Estate Agent - BHHS Taliesyn Realty

    Edwin Scruggs

    BHHS Taliesyn Realty

    (901) 641-0982

    109 Total Sales

    1 in Colonial Acres

    $185,000 Price

    Edwin Scruggs
     Section Image
  • Blake Clothier Real Estate Agent - Premier Realty Group, LLC

    Blake Clothier

    Premier Realty Group, LLC

    (901) 479-1611

    37 Total Sales

    1 in Colonial Acres

    $207,000 Price

    Blake Clothier
     Section Image
  • Michelle Shaver-Simpson Real Estate Agent - Crye-Leike, Inc., REALTORS

    Michelle Shaver-Simpson

    Crye-Leike, Inc., REALTORS

    (901) 464-3556

    77 Total Sales

    1 in Colonial Acres

    $390,000 Price

    Michelle Shaver-Simpson
     Section Image
  • Juan Casem Real Estate Agent - Crye-Leike Inc., REALTORS

    Juan Casem

    Crye-Leike Inc., REALTORS

    (901) 979-1402

    116 Total Sales

    32 in Colonial Acres

    $35K - $175K Price Range

    Juan Casem
     Section Image
  • Julie Upchurch Real Estate Agent - McWaters & Associates

    Julie Upchurch

    McWaters & Associates

    (901) 509-9177

    144 Total Sales

    6 in Colonial Acres

    $200K - $333K Price Range

    Julie Upchurch
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$179,900 Edco Title & Closing Services
$110,000 Edco Title & Closing Services
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $10,794
Open $143,920
Closed $143,920
Previous Owner $150,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/18/2023 09/18/23 Sold $179,900 0.0% $180 / Sq Ft
08/03/2023 08/03/23 Price Changed $179,900 -9.6% $180 / Sq Ft
06/30/2023 06/30/23 For Sale $198,900 -- $199 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,113 $41,375 $8,000 $33,375
2024 -- $21,100 $4,425 $16,675
2023 $1,285 $21,100 $4,425 $16,675
2022 $1,285 $21,100 $4,425 $16,675
2021 $964 $27,950 $4,425 $23,525
2020 $906 $12,500 $4,425 $8,075
2019 $460 $14,400 $4,425 $9,975
2018 $460 $14,400 $4,425 $9,975
2017 $471 $14,400 $4,425 $9,975
2016 $503 $11,500 $0 $0
2014 $503 $12,775 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ralph Harvey Real Estate Agent - List With Freedom.Com, Inc.

    Seller's Agent in 2023

    Ralph Harvey

    List With Freedom.Com, Inc.

    (855) 456-4945

    6 in this area

    9,602 Total Sales

    Ralph Harvey
    Section Image
  • Jonathan Nunez Real Estate Agent - Fast Track Realty, LLC

    Buyer's Agent in 2023

    Jonathan Nunez

    Fast Track Realty, LLC

    (901) 453-8455

    14 in this area

    431 Total Sales

    Jonathan Nunez
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10151304

Memphis Area Association of REALTORS®

APN: 06-6023-0-0051

Tennessee Shelby County Memphis 38117 Colonial Acres

1616 Gilson Rd, Memphis, TN

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