NOT LISTED FOR SALE

1616 Hayne Rd Memphis, TN 38119

Colonial Acres Neighborhood

Estimated Value: $198,000 - $241,000

3 Beds
1.5 Baths
1,000-1,199 Sq Ft
$188/Sq Ft Est. Value

Last Sold May 21, 2021

Last sale price $160,000 $133 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,334/month

Highlights

  • Traditional Architecture
  • Patio
  • Central Heating and Cooling System
  • Wood Flooring
  • Storage Room
  • Combination Dining and Living Room

About This Home

As of May 2021

Was a rental - needs TLC. Private sale - entered for sales information only.

Last Agent to Sell the Property

Mary Johnson

Adaro Realty, Inc. License #336045 Listed on: 05/11/2021

Adaro Realty, Inc.

Last Buyer's Agent

NON-MLS NON-BOARD AGENT

NON-MLS OR NON-BOARD OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,309

Year Built

  • Built in 1959

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 65x124
  • Level Lot

Parking

  • 1 Parking Space

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,177 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Storage Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • Glen Park 6Th Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 067081 00018

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,309

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 759F
  • MAAR Subdivision Name: COLONIAL ACRES
  • List Price Per Sq Ft: 136
  • Number Of Stories: 1
  • Price Per Sq Ft: 135.94
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1177
  • Year Built: 1959
  • 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
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Dining Kitchen: LR/DR Combination
  • Total Bathrooms: 1.1

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Storage Room(s)

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 308
  • Acreage: 0.18
  • Lot Size: 65X124
  • Price Per Acre: 888889

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 067081 00018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2022
Sold by
Gavin William Patrick and Gavin Leesa A
Bought by
Marshall Jordan
Current Estimated Value
$225,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Outstanding Balance
$157,232
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$57,339

Purchase Details

Listed on
May 11, 2021
Closed on
May 21, 2021
Sold by
Edwards John Palmer
Bought by
Gavin William Patrick and Gavin Leesa A
Seller's Agent
Mary Johnson
Adaro Realty, Inc.
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$160,000
Sold Price
$160,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.08%

Purchase Details

Closed on
Apr 3, 2009
Sold by
Mommsen Marjorie Hall
Bought by
Edwards John Palmer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,098
Interest Rate
5.1%
Mortgage Type
FHA
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 Buyer Sale Price Title Company
Marshall Jordan $218,000 --
Gavin William Patrick $160,000 None Available
Edwards John Palmer $105,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marshall Jordan $162,000
Previous Owner Gavin William P $200,000
Previous Owner Edwards John Palmer $103,098
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2021 05/21/21 Sold $160,000 0.0% $160 / Sq Ft
05/11/2021 05/11/21 Pending -- -- --
05/11/2021 05/11/21 For Sale $160,000 -- $160 / 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 $1,309 $53,500 $11,250 $42,250
2024 $1,309 $38,600 $8,650 $29,950
2023 $2,351 $38,600 $8,650 $29,950
2022 $2,351 $38,600 $8,650 $29,950
2021 $2,379 $38,600 $8,650 $29,950
2020 $1,888 $26,050 $8,650 $17,400
2019 $833 $26,050 $8,650 $17,400
2018 $833 $26,050 $8,650 $17,400
2017 $852 $26,050 $8,650 $17,400
2016 $1,044 $23,900 $0 $0
2014 $1,044 $23,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mary Johnson

    Seller's Agent in 2021

    Mary Johnson

    Adaro Realty, Inc.

    (901) 218-7447

    3 in this area

    40 Total Sales

    Mary Johnson
    Section Image

  • N

    Buyer's Agent in 2021

    NON-MLS NON-BOARD AGENT

    NON-MLS OR NON-BOARD OFFICE

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10099000

Memphis Area Association of REALTORS®

APN: 06-7081-0-0018

Tennessee Shelby County Memphis 38119 Colonial Acres

1616 Hayne Rd, Memphis, TN

This home is located at 1616 Hayne Rd, Memphis, TN 38119 since 11 May 2021 and is currently estimated at $225,159, approximately $187 per square foot. This property was built in 1959. 1616 Hayne 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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