NOT LISTED FOR SALE

1838 Dorrie Ln Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $151,000 - $175,081

3 Beds
2 Baths
1,400-1,599 Sq Ft
$104/Sq Ft Est. Value

Last Sold June 21, 2019

Last sale price $114,500 $72 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $961/month

Highlights

  • Updated Kitchen
  • Den
  • Tile Flooring
  • Traditional Architecture
  • Some Wood Windows
  • Central Heating and Cooling System

About This Home

As of June 2019

Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2019 standards! Target rent = $1,095 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!

Last Agent to Sell the Property

Jim Reedy

Reedy & Company, REALTORS License #15602 Listed on: 04/25/2019

Last Buyer's Agent

Bradley Reedy

Reedy & Company, REALTORS License #325132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,022

Year Built

  • Built in 1960

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,431 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Den
  • Iron Doors
  • Updated Kitchen

Flooring

  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • Willow Park A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 066046 00022

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,022

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 759E
  • MAAR Subdivision Name: COLONIAL ACRES
  • List Price Per Sq Ft: 80
  • Number Of Stories: 1
  • Price Per Sq Ft: 80.01
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1431
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 1/2 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Updated/Renovated Kitchen
  • Total Bathrooms: 2
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Wood/Composition
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Level
  • Lot Number: 210
  • Acreage: 0.17
  • Lot Size: 7800
  • Price Per Acre: 673529

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 066046 00022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2021
Sold by
Silva Rick
Bought by
Silva Rick and Silva Lisa
Current Estimated Value
$165,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,509
Outstanding Balance
$73,635
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$92,135

Purchase Details

Listed on
Apr 25, 2019
Closed on
Jun 20, 2019
Sold by
Memphis Investment Properties Ii Llc
Bought by
Silva Rick
Seller's Agent
Jim Reedy
Reedy & Company, REALTORS
Buyer's Agent
Bradley Reedy
Reedy & Company, REALTORS
List Price
$114,500
Sold Price
$114,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.00%
Original Mortgage
$80,150
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2019
Sold by
Hauss Scott
Bought by
Memphis Investment Properties Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 30, 2006
Sold by
Mcdonough Heather L
Bought by
Hud

Purchase Details

Closed on
May 26, 2004
Sold by
Stark Michael David
Bought by
Mcdonough Heather L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,254
Interest Rate
5.89%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 14, 1999
Sold by
Lee Nixon and Lee Toye
Bought by
Hud

Purchase Details

Closed on
Aug 17, 1998
Sold by
Toye Nixon
Bought by
Nixon Lee Mobley
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Silva Rick -- Executive Ttl & Closing Inc
Silva Rick $114,500 Delta Title Services Llc
Memphis Investment Properties Ii Llc $72,500 None Available
Hud $99,556 None Available
Mcdonough Heather L $95,000 Realty Title & Escrow Co
Hud -- --
Nixon Lee Mobley -- Memphis Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silva Rick $81,509
Closed Silva Rick $80,150
Previous Owner Memphis Investment Properties Ii Llc $110,000
Previous Owner Mcdonough Heather L $94,254
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2019 06/21/19 Sold $114,500 0.0% $82 / Sq Ft
04/25/2019 04/25/19 Pending -- -- --
04/25/2019 04/25/19 For Sale $114,500 -- $82 / 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 $1,022 $37,150 $8,000 $29,150
2024 $1,022 $30,150 $4,425 $25,725
2023 $1,837 $30,150 $4,425 $25,725
2022 $1,837 $30,150 $4,425 $25,725
2021 $1,040 $30,150 $4,425 $25,725
2020 $1,554 $21,450 $4,425 $17,025
2019 $686 $21,450 $4,425 $17,025
2018 $686 $21,450 $4,425 $17,025
2017 $702 $21,450 $4,425 $17,025
2016 $779 $17,825 $0 $0
2014 $779 $17,825 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Reedy

    Seller's Agent in 2019

    Jim Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    3 in this area

    404 Total Sales

    Jim Reedy
    Section Image

  • B

    Buyer's Agent in 2019

    Bradley Reedy

    Reedy & Company, REALTORS

    (901) 842-0805

    4 in this area

    421 Total Sales

    Bradley Reedy
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10051255

Memphis Area Association of REALTORS®

APN: 06-6046-0-0022

Tennessee Shelby County Memphis 38117 Colonial Acres

1838 Dorrie Ln, Memphis, TN

This home is located at 1838 Dorrie Ln, Memphis, TN 38117 since 25 April 2019 and is currently estimated at $165,770, approximately $103 per square foot. This property was built in 1960. 1838 Dorrie Ln is a home located in Shelby County with nearby schools including Willow Oaks Elementary School, Colonial Middle, and Overton High.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Memphis Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Some or all of the listings displayed may not belong to the firm whose website is being visited. Copyright© 2025 Memphis Area Association of REALTORS®.

Nearby Homes