NOT LISTED FOR SALE

1872 Cornelia Ln Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $162,000 - $255,879

3 Beds
2 Baths
1,400-1,599 Sq Ft
$125/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $125,000 $78 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,037/month

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Central Heating and Cooling System
  • Wood Flooring
  • Brick Veneer
  • Dining Room

About This Home

As of April 2021

Excellent investment opportunity.

Last Agent to Sell the Property

Adam Underwood

Crye-Leike, Inc., REALTORS License #345013 Listed on: 04/12/2021

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Elizabeth Glosson

Fast Track Realty, LLC License #282986

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1961

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 64x231
  • Level Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Brick Veneer

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,483 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Dining Room
  • Iron Doors

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • Willow Park C Subdivision

Listing and Financial Details

  • Assessor Parcel Number 066045 00093

Home Details

Home Type

Single Family

Year Built

Built in 1961

Lot Details

0.33 Acres

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: 84
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1483
  • Year Built: 1961
  • 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
  • Floors/Ceilings: Part Hardwood, Tile, Vinyl Floor
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 232
  • Acreage: 0.33
  • Lot Size: 64X231

Tax Info

  • Assessor Parcel Number: 066045 00093

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2021
Closed on
Apr 29, 2021
Sold by
West Tennessee Investments Llc
Bought by
Home Realty Solutions Usa Llc
Seller's Agent
Adam Underwood
Crye-Leike, Inc., REALTORS
Buyer's Agent
Elizabeth Glosson
Fast Track Realty, LLC
List Price
$125,000
Sold Price
$125,000
Current Estimated Value
$180,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,175
Avg. Annual Appreciation
9.98%

Purchase Details

Closed on
Dec 16, 2016
Sold by
Mayfield Barry and Stolarick Robert
Bought by
West Tennessee Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,020
Interest Rate
3.94%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Apr 22, 2016
Closed on
Jun 13, 2016
Sold by
Bodeman Scott R
Bought by
Mayfield Barry and Stolarick Robert
Seller's Agent
Jennifer Carstensen
Real Estate Agency
Buyer's Agent
James Anson Underwood
Crye-Leike, Inc., REALTORS
List Price
$70,000
Sold Price
$61,500
Premium/Discount to List
-$8,500
-12.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.77%

Purchase Details

Closed on
Oct 23, 2009
Sold by
Gp Investor Nation
Bought by
Bodeman Scott R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,400
Interest Rate
5.03%
Mortgage Type
Purchase Money Mortgage
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
Home Realty Solutions Usa Llc $250,000 Coventry Escrow & Ttl Co Llc
West Tennessee Investments Llc -- None Available
Mayfield Barry $61,500 First American Title Company
Bodeman Scott R $65,900 Service First Title & Escrow
Gp Investor Nation $50,000 Service First Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner West Tennessee Investments Llc $133,020
Previous Owner Bodeman Scott R $71,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2021 04/30/21 Sold $125,000 0.0% $89 / Sq Ft
04/12/2021 04/12/21 Pending -- -- --
04/12/2021 04/12/21 For Sale $125,000 +103.3% $89 / Sq Ft
06/13/2016 06/13/16 Sold $61,500 -12.1% $44 / Sq Ft View Prior Sale
06/03/2016 06/03/16 Pending -- -- --
04/22/2016 04/22/16 For Sale $70,000 -- $50 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $1,071 $35,600 $7,200 $28,400
2024 $1,071 $31,600 $3,975 $27,625
2023 $1,925 $31,600 $3,975 $27,625
2022 $1,925 $31,600 $3,975 $27,625
2021 $1,090 $31,600 $3,975 $27,625
2020 $1,489 $20,550 $3,975 $16,575
2019 $657 $20,550 $3,975 $16,575
2018 $657 $20,550 $3,975 $16,575
2017 $672 $20,550 $3,975 $16,575
2016 $743 $17,000 $0 $0
2014 $743 $17,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Adam Underwood

    Seller's Agent in 2021

    Adam Underwood

    Crye-Leike, Inc., REALTORS

    (901) 413-8963

    13 in this area

    100 Total Sales

    Adam Underwood
    Section Image
  • Elizabeth Glosson

    Buyer's Agent in 2021

    Elizabeth Glosson

    Fast Track Realty, LLC

    (901) 336-8103

    10 in this area

    195 Total Sales

    Elizabeth Glosson
    Section Image
  • Jennifer Carstensen

    Seller's Agent in 2016

    Jennifer Carstensen

    Real Estate Agency

    (901) 201-0280

    30 in this area

    519 Total Sales

    Jennifer Carstensen
    Section Image
  • James Anson Underwood

    Buyer's Agent in 2016

    James Anson Underwood

    Crye-Leike

    (901) 338-0658

    8 in this area

    194 Total Sales

    James Anson Underwood
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10098545

Memphis Area Association of REALTORS®

APN: 06-6045-0-0093

Tennessee Shelby County Memphis 38117 Colonial Acres

1872 Cornelia Ln, Memphis, TN

Not Listed for Sale

Detached

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