NOT LISTED FOR SALE

1623 Colonial Rd Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $199,349

3 Beds
2 Baths
1,200-1,399 Sq Ft
$142/Sq Ft Est. Value

Sale Details

Date Sold: February 10, 2012

Last sale price $85,000 $61 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $1,232 / mo

206 Days on Market

Highlights

  • Updated Kitchen
  • Den with Fireplace
  • Wood Flooring
  • Landscaped Professionally
  • Traditional Architecture
  • 4-minute walk to Willow Road Park

About This Home

As of February 2012

Bring all offers. Newly rennovated home with awesome features that don't show on listing. Extra Buildings: Work shop 20x24 heated; Office,gym,storage 24x12 with A/C; Screen Room 12x24 with built-in brick BarBQ. Seller's are ready to sell. Move in ready!!!

Last Agent to Sell the Property

Sally Summerlin

Summerlin & Associates, LLC License #312764 Listed on: 05/09/2011

Last Buyer's Agent

Sally Summerlin

Summerlin & Associates, LLC License #312764 Listed on: 05/09/2011

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 11,326 Sq Ft Lot
  • Chain Link Fence
  • Landscaped Professionally
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,391 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Fireplace With Glass Doors
  • Fireplace Features Masonry
  • Some Wood Windows
  • Window Treatments
  • Combination Dining and Living Room
  • Den with Fireplace
  • Screened Porch
  • Storage Room
  • Pull Down Stairs to Attic

Kitchen

  • Updated Kitchen
  • Self-Cleaning Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Monitored
  • Iron Doors

Parking

  • 4 Car Detached Garage
  • Carport
  • Workshop in Garage
  • Driveway

Outdoor Features

  • Patio
  • Outdoor Storage
  • Outdoor Gas Grill

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • Colonial Meadows C Subdivision

Listing and Financial Details

  • Assessor Parcel Number 066050 00009

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0.26 Acres

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: COLONIAL ACRES
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1391
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down, Primary Down, Renovated Bathroom, Full Bath Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 1, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 1, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Masonry, In Den/Great Room, Glass Doors, Ash Cleanout
  • Floors/Ceilings: Hardwood Throughout, Tile, Smooth Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Self Cleaning Oven, Disposal, Dishwasher, Refrigerator, Washer, Dryer
  • Living Dining Kitchen: Separate Den, LR/DR Combination, Updated/Renovated Kitchen, Pantry, Washer/Dryer Connections
  • Misc Interior: All Window Treatments, Pull Down Attic Stairs, Cat/Dog Free House, Security System, Monitored Alarm
  • Primary Bathroom Description: Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Gas Grill, B-B-Q Pit, Storage Building, Screen Porch, Patio
  • Exterior Windows: Brick Veneer, Wood Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 4
  • Parking Display: C4D
  • Parking Storage: Driveway/Pad, Storage Room(s), Workshop(s)

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level, Landscaped, Professionally Landscaped, Chain Fenced
  • Lot Number: 301
  • Acreage: 0.26
  • Lot Size: 11369

Tax Info

  • Assessor Parcel Number: 066050 00009

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
May 9, 2011
Closed on
Feb 9, 2012
Sold by
Robertson Ginger Coleman
Bought by
Seller's Agent
Sally Summerlin
Summerlin & Associates, LLC
Buyer's Agent
Sally Summerlin
Summerlin & Associates, LLC
List Price
$117,000
Sold Price
$85,000
Premium/Discount to List
-$32,000
-27.35%
Current Estimated Value
$199,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,349
Avg. Annual Appreciation
6.00%
Original Mortgage
$82,845
Outstanding Balance
$55,453
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$143,896

Purchase Details

Closed on
May 23, 2007
Sold by
King Dewey
Bought by
King Dewey and The Dewey King Revocable Living Trust
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

  • Corey Steinberg Real Estate Agent - River City Land Co., LLC

    Corey Steinberg

    River City Land Co., LLC

    (901) 295-6013

    19 Total Sales

    1 in Colonial Acres

    $300,000 Price

    Corey Steinberg
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  • Jennifer Steinmetz Real Estate Agent - REMAX Experts

    Jennifer Steinmetz

    REMAX Experts

    (901) 446-2553

    24 Total Sales

    4 in Colonial Acres

    $149K - $250K Price Range

    Jennifer Steinmetz
     Section Image
  • Walter Jones Real Estate Agent - BEST Real Estate Company

    Walter Jones

    BEST Real Estate Company

    (901) 459-5330

    87 Total Sales

    3 in Colonial Acres

    $118K - $200K Price Range

    Walter Jones
     Section Image
  • Scott Carrier Real Estate Agent - Keller Williams

    Scott Carrier

    Keller Williams

    (901) 979-1956

    141 Total Sales

    1 in Colonial Acres

    $185,000 Price

    Scott Carrier
     Section Image
  • John Stamps Real Estate Agent - The Stamps Real Estate Company

    John Stamps

    The Stamps Real Estate Company

    (901) 546-4760

    79 Total Sales

    1 in Colonial Acres

    $211,000 Price

    John Stamps
     Section Image
  • Rita Hallum Real Estate Agent - Crye-Leike, Inc., REALTORS

    Rita Hallum

    Crye-Leike, Inc., REALTORS

    (901) 979-6147

    99 Total Sales

    2 in Colonial Acres

    $200K - $201K Price Range

    Rita Hallum
     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
$85,000 Mid South Title Services
King Dewey -- None Available
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
Open $82,845
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
02/10/2012 02/10/12 Sold $85,000 -27.4% $71 / Sq Ft
12/01/2011 12/01/11 Pending -- -- --
05/09/2011 05/09/11 For Sale $117,000 -- $98 / 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 $1,178 $43,800 $7,875 $35,925
2024 $916 $27,025 $4,700 $22,325
2023 $1,646 $27,025 $4,700 $22,325
2022 $1,646 $27,025 $4,700 $22,325
2021 $1,666 $27,025 $4,700 $22,325
2020 $1,618 $22,325 $4,700 $17,625
2019 $1,618 $22,325 $4,700 $17,625
2018 $1,618 $22,325 $4,700 $17,625
2017 $918 $22,325 $4,700 $17,625
2016 $991 $22,675 $0 $0
2014 $991 $22,675 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sally Summerlin Real Estate Agent - Summerlin & Associates, LLC

    Seller's Agent in 2012

    Sally Summerlin

    Summerlin & Associates, LLC

    (901) 481-9335

    10 Total Sales

    Sally Summerlin
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3223391

Memphis Area Association of REALTORS®

APN: 06-6050-0-0009

Tennessee Shelby County Memphis 38117 Colonial Acres

1623 Colonial Rd, Memphis, TN

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Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393 - 17600 Laguna Canyon Rd, Irvine, CA 92618.

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