NOT LISTED FOR SALE

1825 Cornelia Ln Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $174,000 - $198,987

3 Beds
2 Baths
1,400-1,599 Sq Ft
$115/Sq Ft Est. Value

Last Sold July 10, 2020

Last sale price $145,000 $91 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,093/month

Highlights

  • Wood Flooring
  • Corner Lot
  • Covered Patio or Porch
  • Separate Formal Living Room
  • Den
  • Eat-In Kitchen

About This Home

As of July 2020

This Super cute 3bed/2ba home sits on a large corner lot, with mature landscaping, in Colonial Acres! So much character and charm with original hardwood floors, 2 living spaces and pretty brick fireplace! Could be a great starter home or investment property. Freshly painted interior and updated lighting make it ready for move-in. Come see for yourself! Don't snooze on this one! (Appliances and fireplace are "as-is")

Last Agent to Sell the Property

Marjo Labonte

McWaters & Associates License #331109 Listed on: 06/12/2020

Last Buyer's Agent

Nikki Rainey

Karen Walker Realty Group, LLC License #348088

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,455

Year Built

  • Built in 1959

Lot Details

  • 8,712 Sq Ft Lot
  • Chain Link Fence
  • Landscaped
  • Corner Lot
  • Few Trees

Home Design

  • Slab Foundation
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,497 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Fireplace Features Masonry
  • Separate Formal Living Room
  • Dining Room
  • Den
  • Storage Room
  • Washer and Dryer Hookup
  • Pull Down Stairs to Attic
  • Iron Doors

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway

Outdoor Features

  • Covered Patio or Porch

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 066046 00002

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,455

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Ranch
  • Detached Unit Type: General Residential
  • MLS Map #: 759E
  • MAAR Subdivision Name: COLONIAL ACRES
  • List Price Per Sq Ft: 87
  • Number Of Stories: 1
  • Price Per Sq Ft: 96.86
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1497
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Hardwood Floor, Shared Bath, Level 1, Smooth Ceiling
  • Bedroom 3 Description: Hardwood Floor, Shared Bath, Level 1, Smooth Ceiling
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Masonry
  • Floors/Ceilings: Part Hardwood, Tile
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Refrigerator
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Eat-In Kitchen, Pantry, Washer/Dryer Connections
  • Misc Interior: Pull Down Attic Stairs, Cat/Dog Free House
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Full Bath, Hardwood Floor, Level 1, Smooth Ceiling, Walk-In Closet

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Covered Patio, Chain Fence
  • Exterior Windows: Brick Veneer, Vinyl Siding
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad, Storage Room(s)

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Security: Dead Bolt Lock(s)
  • Water Sewer: Gas Water Heater, Public Sewer, Public Water

Lot Info

  • Lot Description: Some Trees, Corner, Landscaped, Chain Fenced
  • Lot Number: 58
  • Acreage: 0.2
  • Lot Size: .209 acre
  • Price Per Acre: 649500

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 066046 00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2020
Closed on
Jul 10, 2020
Sold by
Taylor Jewell C
Bought by
Vilchez Carmen S
Seller's Agent
Marjo Labonte
McWaters & Associates
Buyer's Agent
Nikki Rainey
Karen Walker Realty Group, LLC
List Price
$129,900
Sold Price
$145,000
Premium/Discount to List
$15,100
11.62%
Current Estimated Value
$183,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,997
Avg. Annual Appreciation
4.61%
Original Mortgage
$140,650
Outstanding Balance
$124,719
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$59,278
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
Vilchez Carmen S $145,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vilchez Carmen S $140,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2020 07/10/20 Sold $145,000 +11.6% $104 / Sq Ft
06/12/2020 06/12/20 For Sale $129,900 -- $93 / 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 $1,455 $51,500 $8,000 $43,500
2024 $1,455 $42,925 $4,425 $38,500
2023 $2,615 $42,925 $4,425 $38,500
2022 $2,615 $42,925 $4,425 $38,500
2021 $1,481 $42,925 $4,425 $38,500
2020 $1,723 $23,775 $4,425 $19,350
2019 $649 $23,775 $4,425 $19,350
2018 $649 $23,775 $4,425 $19,350
2017 $649 $23,775 $4,425 $19,350
2016 $835 $19,100 $0 $0
2014 $835 $19,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Marjo Labonte

    Seller's Agent in 2020

    Marjo Labonte

    McWaters & Associates

    (901) 831-1741

    17 in this area

    85 Total Sales

    Marjo Labonte
    Section Image
  • Nikki Rainey

    Buyer's Agent in 2020

    Nikki Rainey

    Karen Walker Realty Group, LLC

    (901) 310-8991

    1 in this area

    25 Total Sales

    Nikki Rainey
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10078513

Memphis Area Association of REALTORS®

APN: 06-6046-0-0002

Tennessee Shelby County Memphis 38117 Colonial Acres

1825 Cornelia Ln, Memphis, TN

This home is located at 1825 Cornelia Ln, Memphis, TN 38117 since 12 June 2020 and is currently estimated at $183,997, approximately $115 per square foot. This property was built in 1959. 1825 Cornelia Ln is a home located in Shelby County with nearby schools including Willow Oaks Elementary School, Colonial Middle, and Overton High.

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