NOT LISTED FOR SALE

1861 Dearing Rd Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $166,000 - $187,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$110/Sq Ft Est. Value

Last Sold December 14, 2018

Last sale price $69,892 $44 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $1,021/month

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • 1-Story Property
  • Some Wood Windows
  • Level Lot
  • 3-minute walk to Godwin Park

About This Home

As of December 2018

Great investment opportunity. Showing after accepted offer contingent upon walk thru. DO NOT DISTURB TENANTS!

Last Agent to Sell the Property

Felecia Magro

The Stamps Real Estate Company License #336001 Listed on: 09/17/2018

Last Buyer's Agent

Stephen Mansour

KAIZEN Realty, LLC License #285059

KAIZEN Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,228

Year Built

  • Built in 1960

Lot Details

  • 9,583 Sq Ft Lot
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,495 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Carport
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Willowdale J Subdivision

Listing and Financial Details

  • Assessor Parcel Number 066013 00011

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,228

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: 63
  • Number Of Stories: 1
  • Price Per Sq Ft: 46.75
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1495
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2

Exterior Features

  • Exterior Windows: Brick Veneer, Wood/Composition
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking Display: C2
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 207
  • Acreage: 0.22
  • Lot Size: 9634
  • Price Per Acre: 429545

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 066013 00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2019
Sold by
Gp Mrp
Bought by
Mrp Llc
Current Estimated Value
$175,377

Purchase Details

Listed on
Sep 17, 2018
Closed on
Dec 14, 2018
Sold by
Pilot Realty Investments Llc
Bought by
Gp Mrp
Seller's Agent
Felecia Magro
The Stamps Real Estate Company
Buyer's Agent
Stephen Mansour
KAIZEN Realty, LLC
List Price
$94,500
Sold Price
$69,892
Premium/Discount to List
-$24,608
-26.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.33%

Purchase Details

Closed on
Apr 23, 2015
Sold by
Ehrlich Jerry
Bought by
Pilot Realty Investments Llc

Purchase Details

Closed on
Sep 23, 2013
Sold by
Pilot Realty Inveatments Llc
Bought by
Ehrlich Jerry

Purchase Details

Closed on
Dec 28, 2007
Sold by
Ehrlich Jerry
Bought by
Pilot Realty Investments Llc

Purchase Details

Closed on
Nov 27, 2007
Sold by
Cig Investments Llc
Bought by
Ehrlich Jerry
Source: Public Records

Range of Values:

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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
Mrp Llc -- None Available
Gp Mrp $489,240 Delta Title Services Llc
Pilot Realty Investments Llc -- None Available
Ehrlich Jerry -- None Available
Pilot Realty Investments Llc -- None Available
Ehrlich Jerry $72,500 None Available
Cig Investments Llc $62,500 Edco Title & Closing Service
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2018 12/14/18 Sold $69,892 -26.0% $50 / Sq Ft
11/20/2018 11/20/18 Pending -- -- --
09/17/2018 09/17/18 For Sale $94,500 -- $68 / 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 $1,228 $40,400 $8,000 $32,400
2024 $1,228 $36,225 $4,425 $31,800
2023 $2,207 $36,225 $4,425 $31,800
2022 $2,207 $36,225 $4,425 $31,800
2021 $1,250 $36,225 $4,425 $31,800
2020 $1,694 $23,375 $4,425 $18,950
2019 $747 $23,375 $4,425 $18,950
2018 $747 $23,375 $4,425 $18,950
2017 $765 $23,375 $4,425 $18,950
2016 $838 $19,175 $0 $0
2014 $838 $19,175 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Felecia Magro

    Seller's Agent in 2018

    Felecia Magro

    The Stamps Real Estate Company

    (901) 283-9373

    4 in this area

    77 Total Sales

    Felecia Magro
    Section Image
  • Stephen Mansour

    Buyer's Agent in 2018

    Stephen Mansour

    KAIZEN Realty, LLC

    (901) 219-3035

    1 in this area

    61 Total Sales

    Stephen Mansour
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10036728

Memphis Area Association of REALTORS®

APN: 06-6013-0-0011

Tennessee Shelby County Memphis 38117 Colonial Acres

1861 Dearing Rd, Memphis, TN

This home is located at 1861 Dearing Rd, Memphis, TN 38117 since 17 September 2018 and is currently estimated at $175,377, approximately $109 per square foot. This property was built in 1960. 1861 Dearing Rd is a home located in Shelby County with nearby schools including Willow Oaks Elementary School, Colonial Middle, and Overton High.

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