NOT LISTED FOR SALE

1788 Cornelia Ln Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $105,000 - $158,098

3 Beds
1 Bath
1,000-1,199 Sq Ft
$114/Sq Ft Est. Value

Last Sold April 30, 2015

Last sale price $44,000 $37 Per Sq Ft

Est. 212% increase in value since last sale

Current estimated payment $794/month

2 Days on Market

Highlights

  • Traditional Architecture
  • Great Room
  • Eat-In Kitchen
  • Wood Flooring
  • Some Wood Windows
  • Brick Veneer

About This Home

As of April 2015

This home is located at 1788 Cornelia Ln, Memphis, TN 38117 since 24 March 2015 and is currently estimated at $137,275, approximately $137 per square foot. This property was built in 1957. 1788 Cornelia Ln is a home located in Shelby County with nearby schools including Willow Oaks Elementary School, Colonial Middle, and Overton High.

Last Agent to Sell the Property

Robert Reed

Real Estate Network License #266528 Listed on: 03/24/2015

Co-Listed By

Darnell Tate

Byrd Realty Services, LLC License #224841

Last Buyer's Agent

Randall Garrett

Franchise Realty, LLC License #309803

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

  • 7,405 Sq Ft Lot
  • Chain Link Fence
  • Level Lot

Home Design

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

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,154 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Some Wood Windows
  • Great Room
  • Wood Flooring
  • Storm Doors
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Attic

  • Attic Access Panel
  • Pull Down Stairs to Attic

Parking

  • 1 Parking Space
  • Driveway

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Willow Park A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 066040 00024

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

0

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: 44
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1154
  • Year Built: 1957
  • 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
  • Bedroom 2 Description: Level 1, Hardwood Floor
  • Bedroom 3 Description: Level 1, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Smooth Ceiling
  • Full Bathrooms: 1
  • Equipment: Cable Wired
  • Living Dining Kitchen: Great Room, Eat-In Kitchen, Pantry, Washer/Dryer Connections
  • Misc Interior: Pull Down Attic Stairs, Attic Access
  • Other Rooms: Laundry Closet
  • P R I M A R Y B E D R O O M: Level 1, Hardwood Floor

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer, Wood/Composition, Storm Door(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

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

Utilities

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

Lot Info

  • Lot Description: Level, Chain Fenced
  • Lot Number: 63
  • Acreage: 0.17
  • Lot Size: 7800

Tax Info

  • Assessor Parcel Number: 066040 00024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 5, 2016
Sold by
Agpao Carina V
Bought by
360 Memphis Properties Ii Llc
Current Estimated Value
$137,275

Purchase Details

Listed on
Mar 24, 2015
Closed on
Apr 30, 2015
Sold by
Garrett Shalandus
Bought by
Agpana Carina
Seller's Agent
Robert Reed
Real Estate Network
Buyer's Agent
Randall Garrett
Franchise Realty, LLC
List Price
$51,030
Sold Price
$44,000
Premium/Discount to List
-$7,030
-13.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.18%
Original Mortgage
$66,250
Interest Rate
3.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Mar 24, 2015
Closed on
Apr 27, 2015
Sold by
Castro Julian
Bought by
Garrett Shalandus
Seller's Agent
Robert Reed
Real Estate Network
Buyer's Agent
Randall Garrett
Franchise Realty, LLC
List Price
$51,030
Sold Price
$44,000
Premium/Discount to List
-$7,030
-13.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,250
Interest Rate
3.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 30, 2014
Sold by
Darling Wayne
Bought by
Secretary Of Hud

Purchase Details

Closed on
Mar 15, 2007
Sold by
Ratcliff Richard
Bought by
Darling Bruce Wayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,640
Interest Rate
6.27%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 22, 2000
Sold by
Bruce Wring
Bought by
Ratcliff Richard

Purchase Details

Closed on
Dec 30, 1998
Sold by
Estate Of Armit M Goodnight
Bought by
Wring Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,600
Interest Rate
6.72%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
360 Memphis Properties Ii Llc -- Attorney
Agpana Carina $44,890 None Available
Agpaoa Carina $44,890 None Available
Garrett Shalandus $44,000 None Available
Secretary Of Hud $50,700 None Available
Darling Bruce Wayne $88,000 None Available
Ratcliff Richard $72,000 --
Ratcliff Richard $72,000 --
Wring Bruce $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Agpaoa Carina $66,250
Previous Owner Darling Bruce Wayne $86,640
Previous Owner Wring Bruce $52,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2015 04/30/15 Sold $44,000 -13.8% $44 / Sq Ft
03/26/2015 03/26/15 Pending -- -- --
03/24/2015 03/24/15 For Sale $51,030 -- $51 / 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 $992 $32,300 $8,000 $24,300
2024 $992 $29,275 $4,425 $24,850
2023 $1,783 $29,275 $4,425 $24,850
2022 $1,783 $29,275 $4,425 $24,850
2021 $1,804 $29,275 $4,425 $24,850
2020 $1,333 $18,400 $4,425 $13,975
2019 $1,333 $18,400 $4,425 $13,975
2018 $1,333 $18,400 $4,425 $13,975
2017 $756 $18,400 $4,425 $13,975
2016 $776 $17,750 $0 $0
2014 $776 $17,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2015

    Robert Reed

    Real Estate Network

  • D

    Seller Co-Listing Agent in 2015

    Darnell Tate

    Byrd Realty Services, LLC

    Section Image

  • R

    Buyer's Agent in 2015

    Randall Garrett

    Franchise Realty, LLC

    (901) 502-7548

    19 Total Sales

    Randall Garrett
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9947766

Memphis Area Association of REALTORS®

APN: 06-6040-0-0024

Tennessee Shelby County Memphis 38117 Colonial Acres

1788 Cornelia Ln, Memphis, TN

Not Listed for Sale

Detached

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