NOT LISTED FOR SALE

420 Colonial Rd Memphis, TN 38117

East Memphis Neighborhood

Estimated Value: $396,000 - $473,000

3 Beds
2 Baths
1,998 Sq Ft
$211/Sq Ft Est. Value

Sale Details

Date Sold: May 31, 2019

Last sale price $262,000 $131 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,514 / mo

Highlights

  • Traditional Architecture
  • Wood Flooring
  • No HOA
  • White Station High Rated A
  • 1 Fireplace
  • Porch

About This Home

As of May 2019

Adorable 1 story home built in 1942 featuring 3 bedrooms, 2 full baths, approximately 2000 sq. ft., master bath has a separate tub and shower, and double sinks. Large 21x13 living room with French Doors & ventless fireplace, formal dining room, tons of built-in book cases, 20x15 den, solid oak hardwood flooring, smooth ceilings, central heat and AC, ample storage and closet space, small garage or work area, and it's sitting on an incredible lot in the heart of prime east Memphis. WS Schools!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,333

Year Built

  • Built in 1942

Lot Details

  • 0.42

Home Design

  • Traditional Architecture
  • Shingle Roof

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Wood Flooring

Kitchen

  • Oven or Range
  • Cooktop

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Double Vanity

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Porch
  • 18,295 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Whitehall Phase B Final Plan Subdivision

Listing and Financial Details

  • Assessor Parcel Number 056007 C00006

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,333

Year Built

Built in 1942

Lot Details

0.42 Acres

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1942
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Existing
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Cooktop, Range, Oven
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Wood
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Building Area Units: Square Feet
  • Living Area Units: Square Feet

Exterior Features

  • Other Structures: Storage
  • Patio And Porch Features: Porch
  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Other
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas
  • Heating Yn: Yes
  • Utilities: Natural Gas Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.42
  • Lot Size: .422AC100X184.01
  • Lot Size Units: Acres
  • Parcel #: 056007 C00006
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 4333

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2019
Closed on
May 31, 2019
Sold by
Raccah Marcia E and Raccah Erin E
Bought by
Andersen Heather
List Price
$300,000
Sold Price
$262,000
Premium/Discount to List
-$38,000
-12.67%
Current Estimated Value
$422,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,495
Avg. Annual Appreciation
7.19%

Purchase Details

Closed on
Jun 15, 2011
Sold by
Raccah Marcia E and Raccah Erin E
Bought by
Raccah Marcia E and Raccah Erin E

Purchase Details

Closed on
Sep 15, 2006
Sold by
Holliday Lori N and Holliday Robert Lee
Bought by
Raccah Marcia E and Shepherd James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 25, 2003
Sold by
Johnson Jean W
Bought by
Holliday Robert Lee and Holliday Lori N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,600
Interest Rate
5.79%

Purchase Details

Closed on
Jun 29, 2001
Sold by
Montedonico Edward L
Bought by
Johnson Jean W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7.17%
Source: Public Records
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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
Andersen Heather $262,000 Mid South Title Llc
Raccah Marcia E -- Multiple
Raccah Marcia E $280,000 None Available
Holliday Robert Lee $213,000 --
Johnson Jean W $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Raccah Marcia E $224,000
Previous Owner Holliday Robert Lee $206,600
Previous Owner Johnson Jean W $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/14/2026 01/14/26 For Sale $300,000 +14.5% $150 / Sq Ft
05/31/2019 05/31/19 Sold $262,000 0.0% $131 / Sq Ft
05/31/2019 05/31/19 Sold $262,000 -12.7% $131 / Sq Ft View Prior Sale
05/15/2019 05/15/19 Pending -- -- --
04/24/2019 04/24/19 For Sale $300,000 -- $150 / Sq Ft
Source: Realtracs

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 $3,095 $112,450 $45,450 $67,000
2024 $2,909 $91,300 $38,250 $53,050
2023 $4,858 $72,150 $38,250 $33,900
2022 $4,395 $72,150 $38,250 $33,900
2021 $1,957 $72,150 $38,250 $33,900
2020 $4,761 $65,700 $38,250 $27,450
2019 $2,100 $65,700 $38,250 $27,450
2018 $2,100 $65,700 $38,250 $27,450
2017 $2,149 $65,700 $38,250 $27,450
2016 $2,437 $55,775 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Danny Burke

    Seller's Agent in 2019

    Danny Burke

    Crye-Leike

    (901) 277-2828

    12 in this area

    89 Total Sales

    Danny Burke
    Section Image
  • Bill Malone

    Buyer's Agent in 2019

    Bill Malone

    Crye-Leike, Inc., REALTORS

    (901) 359-4000

    8 in this area

    60 Total Sales

    Bill Malone
    Section Image
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Map

Source: Realtracs

MLS Number: 3089600

Realtracs

APN: 05-6007-C0-0006

Tennessee Shelby County Memphis 38117 East Memphis

420 Colonial Rd, Memphis, TN

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.

Realtracs Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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