NOT LISTED FOR SALE

1775 Cornelia Ln Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $158,264

3 Beds
1 Bath
1,200-1,399 Sq Ft
$113/Sq Ft Est. Value

Sale Details

Date Sold: February 29, 2024

Last sale price $137,500 $98 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $993 / mo

169 Days on Market

Highlights

  • Traditional Architecture
  • Brick Veneer
  • 1-Story Property
  • 2 Fireplaces
  • Central Heating and Cooling System

About This Home

As of February 2024

Investment property in INCREDIBLE neighborhood in Memphis - Sea Isle Park! Newer cabinets in kitchen, tile and hardwood. Lease in place since 1/18/2023, ending 12/20/2023 for $1,271 (Sec. 8, pays $1,112). This is a great long-term area for investors due to rising values, flips/rehabs in neighborhood, leading to rising rents! With updates, houses here rents for $1500+! Don't miss your chance to get a great property at a great price - submit your offer! No assignable/"creative," offers please.

Last Agent to Sell the Property

Randall Weatherall

Memphis Metro Realty License #348070 Listed on: 09/04/2023

Last Buyer's Agent

Andrew Akins

CB Properties of Memphis, LLC License #350853

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 65x120
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,275 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Willow Park A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 066041 00015

Home Details

Home Type

Single Family

Year Built

Built in 1956

Lot Details

7,405 Sq Ft Lot

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: 1275
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1
  • Number Of Fireplaces: 2

Exterior Features

  • Exterior Windows: Brick Veneer
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 52
  • Acreage: 0.17
  • Lot Size: 65X120

Tax Info

  • Assessor Parcel Number: 066041 00015

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

Closed on
May 31, 2024
Sold by
Akins Andrew C
Bought by
Current Estimated Value
$158,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Outstanding Balance
$126,160
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$32,104

Purchase Details

Listed on
Sep 4, 2023
Closed on
Feb 28, 2024
Sold by
Chen Pi Pao
Bought by
Akins Andrew C
Seller's Agent
Randall Weatherall
Memphis Metro Realty
Buyer's Agent
Andrew Akins
CB Properties of Memphis, LLC
List Price
$160,000
Sold Price
$137,500
Premium/Discount to List
-$22,500
-14.06%
Views
49

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.62%
Original Mortgage
$155,000
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2013
Sold by
Caerus Capital Partners Llc
Bought by
Chen Pi Pao

Purchase Details

Closed on
Dec 22, 2005
Sold by
Rutledge Dabnei and Rutledge Jo Lynn
Bought by
Deutsche Bank National Trust Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,900
Interest Rate
8.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 2005
Sold by
Holland Charles F and Holland Mary Lou
Bought by
Rutledge Dabnei and Rutledge Jo Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,900
Interest Rate
8.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 1998
Sold by
Stephens John W and Stephens Gloria H
Bought by
Holland Charles F and Holland Mary Lou
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

  • 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

    100 Total Sales

    2 in Colonial Acres

    $200K - $201K Price Range

    Rita Hallum
     Section Image
  • C. Lauren Jones Real Estate Agent - Crye-Leike, Inc., REALTORS

    C. Lauren Jones

    Crye-Leike, Inc., REALTORS

    (901) 881-4903

    86 Total Sales

    3 in Colonial Acres

    $145K - $220K Price Range

    C. Lauren Jones
     Section Image
  • Lisa Cox Real Estate Agent - Groome & Co.

    Lisa Cox

    Groome & Co.

    (901) 422-9448

    128 Total Sales

    2 in Colonial Acres

    $205K - $217K Price Range

    Lisa Cox
     Section Image
  • Brenda Allen Real Estate Agent - Leaving A Legacy Realty, LLC

    Brenda Allen

    Leaving A Legacy Realty, LLC

    (901) 763-6215

    41 Total Sales

    2 in Colonial Acres

    $138K - $239K Price Range

    Brenda Allen
     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
-- Home Surety Title & Escrow
Akins Andrew C $137,500 Home Surety Title
Chen Pi Pao $65,000 None Available
Deutsche Bank National Trust Co $38,200 None Available
Rutledge Dabnei $81,900 Tam Title & Escrow Llc
Holland Charles F $55,790 --
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 $129,000
Previous Owner Akins Andrew C $155,000
Previous Owner Rutledge Dabnei $81,900
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
02/29/2024 02/29/24 Sold $137,500 -14.1% $115 / Sq Ft
02/20/2024 02/20/24 Pending -- -- --
01/08/2024 01/08/24 For Sale $160,000 +16.4% $133 / Sq Ft
12/07/2023 12/07/23 Off Market $137,500 -- --
09/04/2023 09/04/23 For Sale $160,000 -- $133 / 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 $1,117 $41,525 $8,000 $33,525
2024 $1,225 $36,150 $4,425 $31,725
2023 $2,202 $36,150 $4,425 $31,725
2022 $2,202 $36,150 $4,425 $31,725
2021 $2,228 $36,150 $4,425 $31,725
2020 $1,453 $20,050 $4,425 $15,625
2019 $1,453 $20,050 $4,425 $15,625
2018 $1,453 $20,050 $4,425 $15,625
2017 $824 $20,050 $4,425 $15,625
2016 $879 $20,125 $0 $0
2014 $879 $20,125 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Randall Weatherall Real Estate Agent - Memphis Metro Realty

    Seller's Agent in 2024

    Randall Weatherall

    Memphis Metro Realty

    (731) 487-5843

    7 in this area

    176 Total Sales

    Randall Weatherall
    Section Image
  • Andrew Akins Real Estate Agent - CB Properties of Memphis, LLC

    Buyer's Agent in 2024

    Andrew Akins

    CB Properties of Memphis, LLC

    (901) 277-6567

    19 in this area

    320 Total Sales

    Andrew Akins
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10155898

Memphis Area Association of REALTORS®

APN: 06-6041-0-0015

Tennessee Shelby County Memphis 38117 Colonial Acres

1775 Cornelia Ln, Memphis, TN

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Memphis Area Association of REALTORS® Listing content and images Copyright 2026 Memphis Area Association of REALTORS®. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it.
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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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