NOT LISTED FOR SALE

4860 Welchshire Ave Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $267,316 - $299,000

4 Beds
2 Baths
1,600-1,799 Sq Ft
$158/Sq Ft Est. Value

Last Sold July 29, 2016

Last sale price $145,000 $81 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $1,666/month

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • 1 Car Detached Garage
  • Wood Flooring
  • Some Wood Windows
  • 5-minute walk to Marquette Park

About This Home

As of July 2016

Are you looking for a home near great schools? Do you want to live in a neighborhood that's perfect to raise a family? Maybe your home needs to make you feel welcomed as soon you walk through the front door ? Perhaps on your wish list, you want a fenced in backyard /patio, that is perfect for entertaining,... large kit pantry, walk in closet in Master. Ok I see, .. so you want a home you can instantly envision your life unfolding there. CONGRATULATIONS, YOU HAVE FOUND YOUR HOME! WELCOME

Last Agent to Sell the Property

James Thompson

KAIZEN Realty, LLC License #322315 Listed on: 05/04/2016

KAIZEN Realty, LLC

Last Buyer's Agent

Daniel Flick

Heritage Homes Co. License #227835

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,842

Year Built

  • Built in 1955

Lot Details

  • 10,019 Sq Ft Lot
  • Wood Fence
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,839 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Some Wood Windows
  • Window Treatments
  • Separate Formal Living Room
  • Dining Room
  • Storage Room

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Cooktop
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Parking

  • 1 Car Detached Garage
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • 220 Volts
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Patio
  • Ground Level

Community Details

  • Galloway Estate Subdivision

Listing and Financial Details

  • Assessor Parcel Number 065031 00013

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,842

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Attached Unit Type: First Floor Flat, Ground Level-Single Story
  • Detached Unit Type: General Residential
  • MLS Map #: 759B
  • MAAR Subdivision Name: COLONIAL ACRES
  • List Price Per Sq Ft: 84
  • Number Of Stories: 1
  • Price Per Sq Ft: 78.85
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1839
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 4th of More Bedrooms
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 1, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 1, Smooth Ceiling
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Floors/Ceilings: Part Hardwood, Wood Laminate Floors, Tile
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Cooktop, Disposal, Dishwasher, Refrigerator, Cable Wired
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Eat-In Kitchen, Island In Kitchen, Washer/Dryer Connections
  • Misc Interior: All Window Treatments, Walk-In Closet(s)
  • Other Rooms: Laundry Closet
  • Total Bathrooms: 2
  • Primary Bathroom Description: Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Smooth Ceiling, Tile Floor, Hardwood Floor

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Detached
  • Number Covered Parking Spaces: 1
  • Parking Display: 1D
  • Parking Storage: Driveway/Pad, Storage Room(s)

Utilities

  • Cooling: Central, Ceiling Fan(s), 220 Wiring
  • Heating: Central, Gas
  • Water Sewer: Electric Water Heater, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level, Wood Fenced
  • Lot Number: 28
  • Acreage: 0.23
  • Lot Size: Acres: 0.2330
  • Price Per Acre: 673913

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 065031 00013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2016
Closed on
Jul 22, 2016
Sold by
Fuess John J and Fuess Monika
Bought by
Rhea Benjamin Caleb
Seller's Agent
James Thompson
KAIZEN Realty, LLC
Buyer's Agent
Daniel Flick
Heritage Homes Co.
List Price
$165,000
Sold Price
$145,000
Premium/Discount to List
-$20,000
-12.12%
Current Estimated Value
$285,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,079
Avg. Annual Appreciation
7.65%
Original Mortgage
$137,750
Outstanding Balance
$109,895
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$175,184

Purchase Details

Closed on
Aug 29, 2012
Sold by
Fuess John J
Bought by
Fuess Olivette O

Purchase Details

Closed on
Jul 13, 2011
Sold by
Fuess Olivette O
Bought by
Fuess John J
Source: Public Records

Range of Values:

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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
Rhea Benjamin Caleb $145,000 None Available
Fuess Olivette O -- None Available
Fuess John J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rhea Benjamin Caleb $137,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2016 07/29/16 Sold $145,000 -12.1% $91 / Sq Ft
07/21/2016 07/21/16 Pending -- -- --
05/04/2016 05/04/16 For Sale $165,000 -- $103 / 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 $1,842 $67,500 $11,250 $56,250
2024 $1,842 $54,325 $9,050 $45,275
2023 $3,309 $54,325 $9,050 $45,275
2022 $3,309 $54,325 $9,050 $45,275
2021 $3,348 $54,325 $9,050 $45,275
2020 $2,770 $38,225 $9,050 $29,175
2019 $2,770 $38,225 $9,050 $29,175
2018 $2,770 $38,225 $9,050 $29,175
2017 $1,571 $38,225 $9,050 $29,175
2016 $1,729 $39,575 $0 $0
2014 $1,729 $39,575 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    James Thompson

    KAIZEN Realty, LLC

    (901) 484-4539

    7 Total Sales

    James Thompson
    Section Image

  • D

    Buyer's Agent in 2016

    Daniel Flick

    Heritage Homes Co.

    (800) 336-7356

    1 in this area

    2 Total Sales

    Daniel Flick
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9976396

Memphis Area Association of REALTORS®

APN: 06-5031-0-0013

Tennessee Shelby County Memphis 38117 Colonial Acres

4860 Welchshire Ave, Memphis, TN

This home is located at 4860 Welchshire Ave, Memphis, TN 38117 since 04 May 2016 and is currently estimated at $285,079, approximately $158 per square foot. This property was built in 1955. 4860 Welchshire Ave is a home located in Shelby County with nearby schools including Sea Isle Elementary School, Colonial Middle, and Overton High.

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.

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