NOT LISTED FOR SALE

1633 Dearing Rd Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $141,000 - $176,000

3 Beds
1 Bath
1,000-1,199 Sq Ft
$130/Sq Ft Est. Value

Last Sold April 17, 2018

Last sale price $60,000 $50 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $881/month

21 Days on Market

Highlights

  • Traditional Architecture
  • Brick Veneer
  • Level Lot
  • Wood Flooring
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of April 2018

Investor opportunity. AS-IS. Tenant occupied. Do not disturb. No showings prior to accepted offer. Professionally managed by Lubin Property Management. Current rent $787/ month. Lease ends 4/3/18.

Last Agent to Sell the Property

Chastity Wamble

Moss Real Estate License #330095 Listed on: 03/08/2018

Last Buyer's Agent

Shannan McWaters

The Firm License #320927

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 8,712 Sq Ft Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Brick Veneer

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,049 Sq Ft Home
  • 1-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Carport
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Colonial Acres 4Th Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 066022 00032

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: COLONIAL ACRES
  • List Price Per Sq Ft: 65
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1049
  • 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
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 1
  • P R I M A R Y B E D R O O M: Hardwood Floor

Exterior Features

  • Exterior Windows: Brick Veneer

Garage/Parking

  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 69
  • Acreage: 0.2
  • Lot Size: .20

Tax Info

  • Assessor Parcel Number: 066022 00032

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2020
Sold by
Benard Danny and Benard Brandy
Bought by
Benard Properties Llc
Current Estimated Value
$156,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,681
Interest Rate
3.4%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Mar 8, 2018
Closed on
Apr 17, 2018
Sold by
Jeffett Investment Propertiues Gp Llc
Bought by
Benard Danny and Benard Brandy
Seller's Agent
Chastity Wamble
Moss Real Estate
Buyer's Agent
Shannan McWaters
The Firm
List Price
$68,000
Sold Price
$60,000
Premium/Discount to List
-$8,000
-11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.90%
Original Mortgage
$45,050
Interest Rate
4.45%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 5, 2010
Sold by
Jeffett Elizabeth
Bought by
Jeffett Investment Properties Llc

Purchase Details

Closed on
Sep 18, 2009
Sold by
Hawkins Jon C
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Mar 1, 2001
Sold by
Davis Robert T and Davis Janet
Bought by
Hawkins Jon C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,241
Interest Rate
7.06%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 24, 1998
Sold by
Finney Robert B and Finney Djun C
Bought by
Davis Robert T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,435
Interest Rate
6.94%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Benard Properties Llc -- None Available
Benard Danny $124,000 Multiple
Jeffett Investment Properties Llc -- None Available
The Secretary Of Housing & Urban Develop $75,049 None Available
Hawkins Jon C $77,900 --
Hawkins Jon C $77,900 --
Davis Robert T $64,500 --
Davis Robert T $64,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Benard Properties Llc $480,681
Closed Benard Danny $45,050
Previous Owner Hawkins Jon C $77,241
Previous Owner Davis Robert T $66,435
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2018 04/17/18 Sold $60,000 -11.8% $60 / Sq Ft
03/29/2018 03/29/18 Pending -- -- --
03/08/2018 03/08/18 For Sale $68,000 -- $68 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $917 $31,550 $8,000 $23,550
2024 $917 $27,050 $4,425 $22,625
2023 $1,648 $27,050 $4,425 $22,625
2022 $1,648 $27,050 $4,425 $22,625
2021 $1,667 $27,050 $4,425 $22,625
2020 $1,056 $14,575 $4,425 $10,150
2019 $466 $14,575 $4,425 $10,150
2018 $466 $14,575 $4,425 $10,150
2017 $477 $14,575 $4,425 $10,150
2016 $746 $17,075 $0 $0
2014 $746 $17,075 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chastity Wamble

    Seller's Agent in 2018

    Chastity Wamble

    Moss Real Estate

    (901) 569-9024

    43 Total Sales

    Chastity Wamble
    Section Image
  • Shannan McWaters

    Buyer's Agent in 2018

    Shannan McWaters

    The Firm

    (901) 413-7318

    4 in this area

    231 Total Sales

    Shannan McWaters
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10021953

Memphis Area Association of REALTORS®

APN: 06-6022-0-0032

Tennessee Shelby County Memphis 38117 Colonial Acres

1633 Dearing Rd, Memphis, TN

Not Listed for Sale

Detached

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