NOT LISTED FOR SALE

4955 Marianne Ln Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $151,000 - $174,000

2 Beds
1 Bath
100-999 Sq Ft
$161/Sq Ft Est. Value

Last Sold May 12, 2023

Last sale price $170,000 $170 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $944/month

3 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Separate Outdoor Workshop
  • Traditional Architecture
  • Attic
  • Some Wood Windows

About This Home

As of May 2023

*Leased through 10/31/2023* Investors, don't miss this opportunity in Colonial Acres! Why park your money in the volatile stock market when you can own a tangible asset with cash flow? Currently renting for $1,200 per month, this 2 bed / 1 bath home is the investment you've been looking for. Features include beautiful hardwood floors, spacious eat-in kitchen with gas range, great deck, and huge wired workshop with window unit. Don't let this one get away!

Last Agent to Sell the Property

Kristi Ryan

Coldwell Banker Collins-Maury License #352140 Listed on: 05/02/2023

Coldwell Banker Collins-Maury

Last Buyer's Agent

Michael Frizzell

Grind City Realty License #301725

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,077

Year Built

  • Built in 1954

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60x125
  • Chain Link Fence
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 100-999 Sq Ft Home
  • 980 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Popcorn or blown ceiling
  • Some Wood Windows
  • Living Room
  • Storage Room
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Gas Cooktop
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Home Security

  • Storm Windows
  • Fire and Smoke Detector
  • Iron Doors

Parking

  • Workshop in Garage
  • Driveway

Outdoor Features

  • Deck
  • Separate Outdoor Workshop
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Colonial Knoll 1St Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 066083 00013

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,077

Year Built

Built in 1954

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: 184
  • Number Of Stories: 1
  • Price Per Sq Ft: 173.47
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 980
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down, Primary Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 100-999
  • Bedroom 2 Description: Level 1, Hardwood Floor
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Hardwood, Tile, Smooth Ceiling, Textured Ceiling
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Gas Cooking, Disposal, Refrigerator, Cable Available
  • Living Dining Kitchen: Eat-In Kitchen, Washer/Dryer Connections
  • Misc Interior: Pull Down Attic Stairs, Cat/Dog Free House, Smoke Detector(s)
  • Other Rooms: Laundry Closet, Attic
  • Total Bathrooms: 1
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Hardwood Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Storage Building, Deck, Chain Fence, Storage, Workshop
  • Exterior Windows: Brick Veneer, Wood Window(s), Storm Window(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad, Storage Room(s), Workshop(s)

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Smoke Detector(s), Iron Door(s), Dead Bolt Lock(s)
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level, Chain Fenced
  • Lot Number: 20
  • Acreage: 0.17
  • Lot Size: 60X125
  • Price Per Acre: 1058824

Multi Family

  • Number Of Rooms: 4

Tax Info

  • Assessor Parcel Number: 066083 00013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2023
Closed on
May 12, 2023
Sold by
Stuart Karen L and Stuart Richard
Bought by
Frizzell Ruth A and White Fred
Seller's Agent
Kristi Ryan
Coldwell Banker Collins-Maury
Buyer's Agent
Michael Frizzell
Grind City Realty
List Price
$180,000
Sold Price
$170,000
Premium/Discount to List
-$10,000
-5.56%
Views
28
Current Estimated Value
$160,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,466
Avg. Annual Appreciation
-2.35%

Purchase Details

Closed on
May 2, 2006
Sold by
Pearson Nancy S
Bought by
Wheeler Richard and Stuart Karen L

Purchase Details

Closed on
Feb 27, 2004
Sold by
Vance June
Bought by
Pearson Nancy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,525
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 2003
Sold by
Newsom Charles W and Newsom Elizabeth P
Bought by
Vance June

Purchase Details

Closed on
Mar 11, 2000
Sold by
Fuller Troy A and Fuller Andrea L
Bought by
Newsom Charles W and Newsom Elizabeth P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
8.38%
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
Frizzell Ruth A $170,000 None Listed On Document
Wheeler Richard -- None Available
Pearson Nancy S $79,500 --
Vance June $79,500 --
Newsom Charles W $74,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pearson Nancy S $75,525
Previous Owner Newsom Charles W $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2023 05/12/23 Sold $170,000 -5.6% $1,700 / Sq Ft
05/05/2023 05/05/23 Pending -- -- --
05/02/2023 05/02/23 For Sale $180,000 0.0% $1,800 / Sq Ft
08/27/2020 08/27/20 Rented $950 0.0% --
08/14/2020 08/14/20 For Rent $950 -- --
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 $1,077 $37,600 $9,000 $28,600
2024 $1,077 $31,775 $6,250 $25,525
2023 $1,936 $31,775 $6,250 $25,525
2022 $1,936 $31,775 $6,250 $25,525
2021 $1,958 $31,775 $6,250 $25,525
2020 $1,603 $22,125 $6,250 $15,875
2019 $1,603 $22,125 $6,250 $15,875
2018 $1,603 $22,125 $6,250 $15,875
2017 $909 $22,125 $6,250 $15,875
2016 $1,044 $23,900 $0 $0
2014 $1,044 $23,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kristi Ryan

    Seller's Agent in 2023

    Kristi Ryan

    Coldwell Banker Collins-Maury

    (901) 259-8550

    10 in this area

    96 Total Sales

    Kristi Ryan
    Section Image
  • Michael Frizzell

    Buyer's Agent in 2023

    Michael Frizzell

    Grind City Realty

    (901) 485-3203

    16 in this area

    115 Total Sales

    Michael Frizzell
    Section Image
  • Matt Holt

    Seller's Agent in 2020

    Matt Holt

    Premier Realty Group, LLC

    (901) 820-4367

    1 in this area

    27 Total Sales

    Matt Holt
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10147113

Memphis Area Association of REALTORS®

APN: 06-6083-0-0013

Tennessee Shelby County Memphis 38117 Colonial Acres

4955 Marianne Ln, Memphis, TN

This home is located at 4955 Marianne Ln, Memphis, TN 38117 since 02 May 2023 and is currently estimated at $160,534, approximately $160 per square foot. This property was built in 1954. 4955 Marianne Ln is a home located in Shelby County with nearby schools including Sea Isle Elementary School, Colonial Middle, and Overton High.

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