NOT LISTED FOR SALE

1617 Sterling Dr Memphis, TN 38119

Colonial Acres Neighborhood

Estimated Value: $252,000 - $270,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$163/Sq Ft Est. Value

Last Sold August 31, 2022

Last sale price $275,000 $172 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,560/month

Highlights

  • Traditional Architecture
  • Attic
  • Mud Room
  • Wood Flooring
  • Separate Formal Living Room
  • Screened Porch

About This Home

As of August 2022

Convenient East Memphis location in sought after Colonial Acres/Sea Isle Park area. Beautiful hardwood floors, separate laundry room, smooth ceilings, screened in back porch and fenced in back yard, new hot water tank. Updated primary bath w/tile shower & floors with new vanity. Separate living room could be used as office space. Walk to Las Delicias & Neils'!

Last Agent to Sell the Property

Shelly Anderson

eXp Realty, LLC License #328819 Listed on: 06/26/2022

Last Buyer's Agent

Benjamin Reed

Reed & Associates of Tenn, LLC License #286831

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,763

Year Built

  • Built in 1959

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 65x124
  • Wood Fence
  • Landscaped
  • Level Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,586 Sq Ft Home
  • 1-Story Property
  • Fireplace Features Masonry
  • Window Treatments
  • Mud Room
  • Entrance Foyer
  • Separate Formal Living Room
  • Dining Room
  • Den with Fireplace
  • Screened Porch
  • Storage Room
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Fire and Smoke Detector
  • Iron Doors

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Outdoor Storage
  • Ground Level

Community Details

  • Randy Stark Subdivision

Listing and Financial Details

  • Assessor Parcel Number 067081 00012

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,763

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional, Ranch
  • Attached Unit Type: Ground Level-Single Story
  • Detached Unit Type: General Residential
  • Cross Street: Timmons
  • MLS Map #: 759F
  • MAAR Subdivision Name: COLONIAL ACRES
  • List Price Per Sq Ft: 165
  • Number Of Stories: 1
  • Price Per Sq Ft: 173.39
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1586
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1, Walk-In Closet, Shared Bath, Hardwood Floor
  • Bedroom 3 Description: Level 1, Walk-In Closet, Shared Bath, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Masonry, In Den/Great Room
  • Floors/Ceilings: Hardwood Throughout, Tile
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Cooktop, Disposal, Dishwasher, Cable Wired
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Eat-In Kitchen, Pantry, Washer/Dryer Connections
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Pull Down Attic Stairs, Mud Room, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Entry Hall, Attic, Storage Room
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Hardwood Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Storage Building, Screen Porch
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad, Storage Room(s)

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Smoke Detector(s), Iron Door(s), Dead Bolt Lock(s)
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level, Landscaped, Wood Fenced
  • Lot Number: 363
  • Acreage: 0.18
  • Lot Size: 65X124
  • Price Per Acre: 1455556

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 067081 00012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2022
Closed on
Aug 31, 2022
Sold by
Flowers and Magdalene
Bought by
Orr Austin and Orr Amber
Seller's Agent
Shelly Anderson
eXp Realty, LLC
Buyer's Agent
Benjamin Reed
Reed & Associates of Tenn, LLC
List Price
$262,000
Sold Price
$275,000
Premium/Discount to List
$13,000
4.96%
Views
9
Current Estimated Value
$261,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,646
Avg. Annual Appreciation
-0.07%
Original Mortgage
$261,250
Outstanding Balance
$251,487
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$22,971

Purchase Details

Listed on
Jul 19, 2019
Closed on
Aug 27, 2019
Sold by
Bibbs Joshua Eugene
Bought by
Flowers Colby
Seller's Agent
Jana West
Sowards & Associates, REALTORS
Buyer's Agent
Shelly Anderson
eXp Realty, LLC
List Price
$187,500
Sold Price
$190,000
Premium/Discount to List
$2,500
1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.02%
Original Mortgage
$186,558
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 27, 2018
Closed on
May 3, 2018
Sold by
Gutierrez Kathryn R and Gutierrez Charilton
Bought by
Bibbs Joshua Eugene
Seller's Agent
Robin Black
Crye-Leike, Inc., REALTORS
Buyer's Agent
Karen Walker
Karen Walker Realty Group, LLC
List Price
$168,000
Sold Price
$175,000
Premium/Discount to List
$7,000
4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.43%
Original Mortgage
$166,250
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Dec 22, 2015
Closed on
Feb 15, 2016
Sold by
Blue & White Properties Llc
Bought by
Gutierrez Kathryn T and Gutierrez Charlton
Seller's Agent
Trey Hogue
Crye-Leike, Inc., REALTORS
Buyer's Agent
Robin Black
Crye-Leike, Inc., REALTORS
List Price
$135,900
Sold Price
$140,000
Premium/Discount to List
$4,100
3.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.62%
Original Mortgage
$135,800
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2015
Sold by
Shaffer Darin Leo
Bought by
Blue & White Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,434
Interest Rate
3.91%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 25, 2015
Sold by
Cullen Donja Shaffer
Bought by
Shaffer Darin Leo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,434
Interest Rate
3.91%
Mortgage Type
Credit Line Revolving
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
Orr Austin $275,000 Delta Title Services
Flowers Colby $190,000 Home Surety T&E Llc
Bibbs Joshua Eugene $175,000 Multiple
Gutierrez Kathryn T $140,000 Mid South Title Services Llc
Blue & White Properties Llc $60,000 Mid South Title Services Llc
Shaffer Darin Leo -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orr Austin $261,250
Previous Owner Flowers Colby $186,558
Previous Owner Flowers Colby $9,500
Previous Owner Bibbs Joshua Eugene $166,250
Previous Owner Gutierrez Kathryn T $135,800
Previous Owner Blue & White Properties Llc $87,434
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2022 08/31/22 Sold $275,000 +5.0% $196 / Sq Ft
08/09/2022 08/09/22 Pending -- -- --
06/26/2022 06/26/22 For Sale $262,000 +37.9% $187 / Sq Ft
08/26/2019 08/26/19 Sold $190,000 +1.3% $136 / Sq Ft
07/21/2019 07/21/19 Pending -- -- --
07/19/2019 07/19/19 For Sale $187,500 +7.1% $134 / Sq Ft
05/03/2018 05/03/18 Sold $175,000 +4.2% $125 / Sq Ft
04/03/2018 04/03/18 Pending -- -- --
03/27/2018 03/27/18 For Sale $168,000 +20.0% $120 / Sq Ft
02/15/2016 02/15/16 Sold $140,000 +3.0% $100 / Sq Ft
12/27/2015 12/27/15 Pending -- -- --
12/22/2015 12/22/15 For Sale $135,900 -- $97 / 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 $1,763 $69,475 $11,250 $58,225
2024 $1,763 $52,000 $8,650 $43,350
2023 $3,168 $52,000 $8,650 $43,350
2022 $3,168 $52,000 $8,650 $43,350
2021 $1,794 $52,000 $8,650 $43,350
2020 $2,560 $35,325 $8,650 $26,675
2019 $1,129 $35,325 $8,650 $26,675
2018 $1,129 $35,325 $8,650 $26,675
2017 $1,156 $35,325 $8,650 $26,675
2016 $1,291 $29,550 $0 $0
2014 $1,291 $29,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Shelly Anderson

    eXp Realty, LLC

    Section Image

  • B

    Buyer's Agent in 2022

    Benjamin Reed

    Reed & Associates of Tenn, LLC

    (901) 870-2966

    3 in this area

    63 Total Sales

    Benjamin Reed
    Section Image

  • J

    Seller's Agent in 2019

    Jana West

    Sowards & Associates, REALTORS

    (901) 581-1262

    6 in this area

    55 Total Sales

    Jana West
    Section Image
  • Robin Black

    Seller's Agent in 2018

    Robin Black

    Crye-Leike

    (901) 848-6517

    4 in this area

    50 Total Sales

    Robin Black
    Section Image
  • Karen Walker

    Buyer's Agent in 2018

    Karen Walker

    Karen Walker Realty Group, LLC

    (901) 512-8250

    105 Total Sales

    Karen Walker
    Section Image
  • Trey Hogue

    Seller's Agent in 2016

    Trey Hogue

    Crye-Leike

    (901) 652-3644

    12 Total Sales

    Trey Hogue
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10127392

Memphis Area Association of REALTORS®

APN: 06-7081-0-0012

Tennessee Shelby County Memphis 38119 Colonial Acres

1617 Sterling Dr, Memphis, TN

This home is located at 1617 Sterling Dr, Memphis, TN 38119 since 26 June 2022 and is currently estimated at $261,354, approximately $163 per square foot. This property was built in 1959. 1617 Sterling Dr is a home located in Shelby County with nearby schools including Sea Isle Elementary School, Colonial Middle, and Overton High.

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