NOT LISTED FOR SALE

325 Colonial Rd Memphis, TN 38117

East Memphis Neighborhood

Estimated Value: $796,000 - $835,174

3 Beds
3.5 Baths
4,000-4,499 Sq Ft
$180/Sq Ft Est. Value

Sale Details

Date Sold: January 31, 2012

Last sale price $355,000 $79 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $5,368 / mo

194 Days on Market

Highlights

  • 0.68 Acre Lot
  • Landscaped Professionally
  • Traditional Architecture
  • White Station High Rated A
  • Wooded Lot
  • Wood Flooring

About This Home

As of January 2012

Custom built one story home on 2/3 acre wooded lot..over 4100 sf plus wonderful 888 sf finished basement/playroom!Huge rooms-25'LR,25'MBR,26'Vaulted Den.High ceilings,large Master bath/closets.Needs some updating, but priced right. Tremendous location!

Last Agent to Sell the Property

Jennifer & Joel Hobson

Hobson, REALTORS License #24371 Listed on: 06/28/2011

Last Buyer's Agent

Sam Jordan

Crye-Leike, Inc., REALTORS License #236737

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1963

Lot Details

  • 29,621 Sq Ft Lot
  • Lot Dimensions are 100 x 300
  • Wood Fence
  • Landscaped Professionally
  • Sprinklers on Timer
  • Wooded Lot

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 4,000-4,499 Sq Ft Home
  • 4,239 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Ceiling height of 9 feet or more
  • Fireplace Features Masonry
  • Window Treatments
  • Entrance Foyer
  • Separate Formal Living Room
  • Breakfast Room
  • Dining Room
  • Den with Fireplace
  • Play Room
  • Finished Basement
  • Partial Basement

Kitchen

  • Double Oven
  • Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Slate Flooring

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • Double Vanity
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Monitored
  • Fire and Smoke Detector
  • Termite Clearance

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Patio

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Cole Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 056004 00009

Home Details

Home Type

Single Family

Year Built

Built in 1963

Lot Details

0.68 Acres

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: COLE
  • MAAR Subdivision Name: Cole Heights
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 4239
  • Termite Contract: Yes
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 4000-4499
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Masonry, In Den/Great Room
  • Floors/Ceilings: Wall to Wall Carpet, Part Hardwood, Slate, 9 or more Ft. Ceiling
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Equipment: Double Oven, Cooktop, Disposal, Dishwasher, Refrigerator, Cable Wired
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Separate Breakfast Room, Pantry, Washer/Dryer Connections
  • Misc Interior: All Window Treatments, Wet Bar, Walk-In Closet(s), Security System, Smoke Detector(s), Monitored Alarm
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Play Room, Finished Basement, Entry Hall

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Patio
  • Exterior Windows: Brick Veneer
  • Foundation: Slab, Partial Basement
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Driveway/Pad, Garage Door Opener(s), Front-Load Garage

Utilities

  • Cooling: Central, Dual System
  • Heating: Central, Electric Heat Pump, Dual System
  • Water Sewer: Electric Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Wooded, Professionally Landscaped, Wood Fenced
  • Acreage: 0.68
  • Lot Size: 100 X 300

Tax Info

  • Assessor Parcel Number: 056004 00009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2011
Closed on
Jan 31, 2012
Sold by
Mccord Mary Rich
Bought by
Mitchell Thomas D and Mitchell Kimberly R
Seller's Agent
Jennifer & Joel Hobson
Hobson, REALTORS
Buyer's Agent
Sam Jordan
Crye-Leike, Inc., REALTORS
List Price
$399,000
Sold Price
$355,000
Premium/Discount to List
-$44,000
-11.03%
Current Estimated Value
$835,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$480,750
Avg. Annual Appreciation
5.91%
Original Mortgage
$284,000
Outstanding Balance
$200,164
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$608,380
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Mitchell Thomas D $355,000 Fidelity National Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Mitchell Thomas D $284,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2012 01/31/12 Sold $355,000 -11.0% $89 / Sq Ft
01/08/2012 01/08/12 Pending -- -- --
06/28/2011 06/28/11 For Sale $399,000 -- $100 / 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 -- $220,625 $62,800 $157,825
2024 -- $166,000 $45,875 $120,125
2023 $10,112 $166,000 $45,875 $120,125
2022 $0 $166,000 $45,875 $120,125
2021 $4,504 $166,000 $45,875 $120,125
2020 $11,349 $156,625 $45,875 $110,750
2019 $11,349 $156,625 $45,875 $110,750
2018 $11,349 $156,625 $45,875 $110,750
2017 $6,171 $150,150 $45,875 $104,275
2016 $6,205 $142,000 $0 $0
2014 $6,205 $142,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jennifer & Joel Hobson

    Seller's Agent in 2012

    Jennifer & Joel Hobson

    Hobson, REALTORS

    (901) 482-2929

    73 in this area

    181 Total Sales

    Jennifer & Joel Hobson
    Section Image
  • Sam Jordan

    Buyer's Agent in 2012

    Sam Jordan

    Crye-Leike, Inc., REALTORS

    (901) 870-1169

    49 Total Sales

    Sam Jordan
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3227130

Memphis Area Association of REALTORS®

APN: 05-6004-0-0009

Tennessee Shelby County Memphis 38117 East Memphis

325 Colonial Rd, Memphis, TN

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