NOT LISTED FOR SALE

Estimated Value: $155,000 - $171,000

3 Beds
1 Bath
1,000-1,199 Sq Ft
$137/Sq Ft Est. Value

Last Sold January 25, 2023

Last sale price $140,000 $117 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,005/month

82 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Wood Fence
  • Wood Flooring
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of January 2023

New Price! Why rent when you can buy this cute 3 bedroom/1 bath in Colonial Acres*Convenient location to I-240*fenced yard with storage shed* wood flooring and updated flooring in kitchen & bath* kitchen refrigerator and washer/dryer will remain*

Last Agent to Sell the Property

Angie Kelley

Compass RE License #297384 Listed on: 10/05/2022

Compass RE

Last Buyer's Agent

Amber Nichols

Crye-Leike, Inc., REALTORS License #350582

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,114

Year Built

  • Built in 1955

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 63x130
  • Wood Fence
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,160 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Iron Doors

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Carport
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Colonial Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 066064 00026

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,114

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 759B
  • MAAR Subdivision Name: COLONIAL ACRES
  • List Price Per Sq Ft: 129
  • Number Of Stories: 1
  • Price Per Sq Ft: 120.69
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1160
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Tile
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room
  • Total Bathrooms: 1
  • 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: Brick Veneer

Garage/Parking

  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees, Wood Fenced
  • Lot Number: 3
  • Acreage: 0.18
  • Lot Size: 63X130
  • Price Per Acre: 833333

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 066064 00026

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2022
Closed on
Jan 25, 2023
Sold by
Monahan Isaac Charles
Bought by
Federal Home Loan Bank Of Dallas
Seller's Agent
Angie Kelley
Compass RE
Buyer's Agent
Amber Nichols
Crye-Leike, Inc., REALTORS
List Price
$170,000
Sold Price
$140,000
Premium/Discount to List
-$30,000
-17.65%
Views
25
Current Estimated Value
$163,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,708
Avg. Annual Appreciation
7.10%
Original Mortgage
$112,000
Outstanding Balance
$108,840
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$56,196

Purchase Details

Listed on
Jun 8, 2018
Closed on
Jul 23, 2018
Sold by
Burk Steven L
Bought by
Phillips Kristina N and Carmichael Nina M
Seller's Agent
Matt Wallace
REMAX Experts
Buyer's Agent
Leslie Campbell
Keller Williams
List Price
$99,000
Sold Price
$103,000
Premium/Discount to List
$4,000
4.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.04%
Original Mortgage
$101,134
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 31, 2013
Sold by
Kourvelas Louis N
Bought by
Burk Steven Lewis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,397
Interest Rate
3.35%
Mortgage Type
VA
Source: Public Records

Similar Homes in Memphis, TN

  • 4962 Willow Rd, Memphis, TN 38117

    $183,900

    • 3 Beds
    • 1 Bath
    • 1,000+ Sq Ft
    • 4962 Willow Rd
    • Memphis, TN

    Welcome to your beautifully updated home nestled in Colonial Acres—a neighborhood celebrated for its tranquility, community spirit, and prime location. Modern Renovations: Enjoy the fresh updates throughout, providing a move-in-ready experience. Outdoor Delight: A fenced backyard offers a private oasis for relaxation, gardening, or entertaining guests. Low Taxes: Benefit from the area’s low

    Angela Watson Skyline Realty

    Section Image
  • 2886 Dearing Cove, Memphis, TN 38118

    $140,000

    • 3 Beds
    • 1 Bath
    • 1,000+ Sq Ft
    • 2886 Dearing Cove
    • Memphis, TN

    This will be an AS IS CASH sale. There are two additional rooms added onto the rear but the seller did not not have permitted. The home has been used as a rental for several years. Seller says roof replaced 3 years ago. Seller requests shoeing agent to verify POF prior to showing. Easy to show. Everything there stays. Electricity on.

    Monica Mauricio REMAX Experts

    Section Image
  • 3118 Arrendale St, Memphis, TN 38118

    $215,000

    • 3 Beds
    • 2 Baths
    • 1,400+ Sq Ft
    • 3118 Arrendale St
    • Memphis, TN

    New Construction Alert! Three bedrooms, two baths, and not a single ghost—because this beauty is brand Shankin new!!! Centrally located in beautiful 38118.. This home is so fresh, even the walls still smell like optimism. Modern finishes, spacious rooms to name a few. Come tour before someone else falls in love it. Schedule to see it today!!

    Vivian Denogean Fast Track Realty, LLC

    Section Image
  • 4864 Cloister Ave, Memphis, TN 38118

    $183,800

    • 3 Beds
    • 2 Baths
    • 1,600+ Sq Ft
    • 4864 Cloister Ave
    • Memphis, TN

    Investor Alert: This 3 bed / 2 bath home in the Winchester Gardens neighborhood is part of a larger portfolio of 25 properties offered in the Memphis area. Currently rented with long term tenant. Seller will sell properties as a package or in various smaller packages.

    Daniel Johnson Keller Williams

    Section Image
  • 3339 S Perkins Rd, Memphis, TN 38118

    $200,000

    • 3 Beds
    • 2 Baths
    • 1,200+ Sq Ft
    • 3339 S Perkins Rd
    • Memphis, TN

    Call your favorite Real Estate Agent now and schedule an appointment to tour this lovely home! 3 bedrooms, 2 bathrooms, spacious kitchen with dining area. Separate Laundry Room. Beautiful pool. Private backyard for relaxing. Seller requests only pre approved buyers tour the home. Llame su Agente de Bienes Raices favorito y programar una cita a ver esta casa. 3 dormitorios, 2 banos, amplia

    Monica Mauricio REMAX Experts

    Section Image
  • 3449 Carrington Rd, Memphis, TN 38111

    $179,000

    • 3 Beds
    • 2 Baths
    • 1,600+ Sq Ft
    • 3449 Carrington Rd
    • Memphis, TN

    Come check out this fully remodeled, beautifully updated and renovated. Three-bedroom, two-bath home. Located in the highly sought-after 38111 neighborhood this home puts you steps away from the University of Memphis and the Children’s Museum — so whether you're into higher education or finger painting, you're covered. Inside, you'll find modern finishes, clean lines with an open concept layout

    Vivian Denogean Fast Track Realty, LLC

    Section Image
  • 5647 Clarke Cove, Memphis, TN 38115

    $191,000

    • 3 Beds
    • 2 Baths
    • 1,400+ Sq Ft
    • 5647 Clarke Cove
    • Memphis, TN

    Investor Alert: This 3 bed / 2 bath home in the Heritage Colony subdivision is part of a larger portfolio of 25 properties offered in the Memphis area. Currently rented with long term tenant. New 30 year roof to be installed in early 2025. Seller will sell properties as a package or in various smaller packages.

    Daniel Johnson Keller Williams

    Section Image
  • 1303 Inman Rd, Memphis, TN 38111

    $182,000

    • 4 Beds
    • 2 Baths
    • 2,200+ Sq Ft
    • 1303 Inman Rd
    • Memphis, TN

    This 4-bedroom, 2-bathroom beauty in the sought-after 38111 zip code of Memphis is fully renovated and offers over 2,200 square feet of space—plenty of room for your Family. Two living rooms – because one just isn’t enough, plenty of space for entertaining, Backyard porch – perfect for sipping coffee, or scrolling on your phone in peace. Centrally located – so you’re never too far from the action

    Vivian Denogean Fast Track Realty, LLC

    Section Image
  • 2904 Barron Ave, Memphis, TN 38114

    $163,000

    • 3 Beds
    • 2 Baths
    • 1,000+ Sq Ft
    • 2904 Barron Ave
    • Memphis, TN

    This Gorgeous 3-Bed, 2-Bath Home! Fully renovated and updated—because you deserve a home that doesn’t need your DIY skills. No weird fixer-upper surprises here! A kitchen so nice, even takeout will feel guilty for showing up Two bathrooms—because sharing one should be left in the past, like dial-up internet. Cute patio out back—perfect for coffee, cocktails, or pretending to garden. This home

    Vivian Denogean Fast Track Realty, LLC

    Section Image

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
Federal Home Loan Bank Of Dallas -- Delta Title Services
Monahan Isaac Charles $140,000 Delta Title Services
Phillips Kristina N $103,000 Saddle Creek Title
Burk Steven Lewis $65,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Monahan Isaac Charles $112,000
Previous Owner Phillips Kristina N $101,134
Previous Owner Burk Steven Lewis $66,397
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2023 01/25/23 Sold $140,000 -6.7% $140 / Sq Ft
12/21/2022 12/21/22 Price Changed $150,000 -6.3% $150 / Sq Ft
10/27/2022 10/27/22 Price Changed $160,000 -5.9% $160 / Sq Ft
10/05/2022 10/05/22 For Sale $170,000 +65.0% $170 / Sq Ft
07/23/2018 07/23/18 Sold $103,000 +4.0% $103 / Sq Ft
06/08/2018 06/08/18 For Sale $99,000 -- $99 / 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 $1,114 $43,300 $8,100 $35,200
2024 $1,114 $32,875 $5,625 $27,250
2023 $2,003 $32,875 $5,625 $27,250
2022 $2,003 $32,875 $5,625 $27,250
2021 $2,026 $32,875 $5,625 $27,250
2020 $1,650 $22,775 $5,625 $17,150
2019 $728 $22,775 $5,625 $17,150
2018 $728 $22,775 $5,625 $17,150
2017 $745 $22,775 $5,625 $17,150
2016 $853 $19,525 $0 $0
2014 $853 $19,525 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10134979

Memphis Area Association of REALTORS®

APN: 06-6064-0-0026