NOT LISTED FOR SALE

1623 Raymore Rd Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $142,000 - $148,387

3 Beds
1 Bath
100-999 Sq Ft
$145/Sq Ft Est. Value

Last Sold September 19, 2014

Last sale price $71,500 $72 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $834/month

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Attic Fan
  • Wood Flooring
  • Some Wood Windows
  • 3-minute walk to Willow Road Park

About This Home

As of September 2014

This is a Fannie Mae HomePath property with good space in an Optional School District for the Performing Arts. A sound home that is great for family or investment. 3 BR's a large park like fenced back yard. Wood floors, spacious living room and much more. This brick home is close to schools, churches and city services including the metro bus line. Purchase will be by cash at closing or terms acceptable to seller. Home is approved for HomePath financing. To place offers go to: www.homepath.com.

Last Agent to Sell the Property

Darnell Tate

Byrd Realty Services, LLC License #224841 Listed on: 07/08/2014

Byrd Realty Services, LLC

Last Buyer's Agent

Carla Loveless

Adaro Realty, Inc. License #326975

Adaro Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $825

Year Built

  • Built in 1956

Lot Details

  • 7,841 Sq Ft Lot
  • Chain Link Fence
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 100-999 Sq Ft Home
  • 981 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Separate Formal Living Room
  • Wood Flooring
  • Attic Fan
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Colonial Village C Subdivision
  • The community has rules related to allowing corporate owners

Listing and Financial Details

  • Assessor Parcel Number 066069 00008

Home Details

Home Type

Single Family

Est. Annual Taxes

$825

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Willow Road
  • MLS Map #: 759E
  • MAAR Subdivision Name: COLONIAL ACRES
  • Corporate Own: Yes
  • List Price Per Sq Ft: 79
  • Number Of Stories: 1
  • Price Per Sq Ft: 72.88
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 981
  • Year Built: 1956
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 100-999
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Washer/Dryer Connections
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Hardwood Floor

Exterior Features

  • Misc Exterior: Chain Fence, Sidewalks
  • Exterior Windows: Brick Veneer, Wood Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central, Attic Fan
  • Heating: Central, Gas
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 267
  • Acreage: 0.18
  • Lot Size: 7900sf
  • Price Per Acre: 432778

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 066069 00008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2014
Closed on
Sep 14, 2014
Sold by
Fannie Mae
Bought by
Loveless Warner K
Seller's Agent
Darnell Tate
Byrd Realty Services, LLC
Buyer's Agent
Carla Loveless
Adaro Realty, Inc.
List Price
$77,900
Sold Price
$71,500
Premium/Discount to List
-$6,400
-8.22%
Current Estimated Value
$144,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,097
Avg. Annual Appreciation
6.56%
Original Mortgage
$53,250
Outstanding Balance
$40,812
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$103,785

Purchase Details

Closed on
Mar 27, 2014
Sold by
Hughes Holly
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 14, 2003
Sold by
Quinley Terrell B
Bought by
Hughes Holly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,900
Interest Rate
5.62%

Purchase Details

Closed on
Nov 21, 2002
Sold by
Vaiden Mary E
Bought by
Quinley Terrell B

Purchase Details

Closed on
Oct 18, 1997
Sold by
Ellzey Evelyn J
Bought by
Vaiden Mary E
Source: Public Records

Range of Values:

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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
Loveless Warner K $71,500 Realty Title & Escrow Co
Federal National Mortgage Association $78,051 None Available
Hughes Holly $79,900 --
Quinley Terrell B $40,100 --
Vaiden Mary E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loveless Warner K $53,250
Previous Owner Hughes Holly $79,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2014 09/19/14 Sold $71,500 -8.2% $715 / Sq Ft
08/07/2014 08/07/14 Pending -- -- --
07/08/2014 07/08/14 For Sale $77,900 -- $779 / 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 $825 $33,575 $8,750 $24,825
2024 $825 $24,350 $5,225 $19,125
2023 $1,483 $24,350 $5,225 $19,125
2022 $1,483 $24,350 $5,225 $19,125
2021 $1,501 $24,350 $5,225 $19,125
2020 $1,245 $17,175 $5,225 $11,950
2019 $1,245 $17,175 $5,225 $11,950
2018 $1,245 $17,175 $5,225 $11,950
2017 $706 $17,175 $5,225 $11,950
2016 $765 $17,500 $0 $0
2014 $765 $17,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    Darnell Tate

    Byrd Realty Services, LLC

    Section Image

  • C

    Buyer's Agent in 2014

    Carla Loveless

    Adaro Realty, Inc.

    (901) 647-2575

    2 in this area

    5 Total Sales

    Carla Loveless
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9930905

Memphis Area Association of REALTORS®

APN: 06-6069-0-0008

Tennessee Shelby County Memphis 38117 Colonial Acres

1623 Raymore Rd, Memphis, TN

This home is located at 1623 Raymore Rd, Memphis, TN 38117 since 08 July 2014 and is currently estimated at $144,597, approximately $144 per square foot. This property was built in 1956. 1623 Raymore 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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