NOT LISTED FOR SALE

5038 Alrose Ave Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $177,000 - $198,327

3 Beds
1 Bath
975 Sq Ft
$192/Sq Ft Est. Value

Last Sold May 31, 2022

Last sale price $165,000 $169 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,144/month

17 Days on Market

Highlights

  • Great Room
  • Storm Windows
  • Central Heating and Cooling System
  • Porch
  • Tile Flooring
  • 4-minute walk to Marquette Park

About This Home

As of May 2022

Colonial Acres with 3 bedrooms 1 full bath brick and siding home. Home is tenant occupied! Please do not disturb tenants. Interior inspections after accepted offer to purchase. Lease is month to month at $810. Long term tenant would like to stay if investor purchased.

Last Agent to Sell the Property

Sue Anne Cobb

Five Star Real Estate Services License #275917 Listed on: 04/30/2022

Co-Listed By

Jennifer Hearn Cox

Five Star Real Estate Services License #302739

Last Buyer's Agent

Ashley Wisch

eXp Realty, LLC License #345883

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,232

Year Built

  • Built in 1952

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 60x170
  • Few Trees

Home Design

  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 975 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Washer and Dryer Hookup

Flooring

  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Parking

  • 1 Car Garage
  • Carport
  • Front Facing Garage

Outdoor Features

  • Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater

Community Details

  • Park Manor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 067002 00015

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,232

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Ranch
  • Detached Unit Type: General Residential
  • Cross Street: Wilbec
  • MLS Map #: 759B
  • MAAR Subdivision Name: COLONIAL ACRES
  • List Price Per Sq Ft: 169
  • Number Of Stories: 1
  • Price Per Sq Ft: 169.23
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 975
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 0-999
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Carpet, Tile
  • Full Bathrooms: 1
  • Living Dining Kitchen: Great Room, Washer/Dryer Connections
  • Misc Interior: Smoke Detector(s)
  • Total Bathrooms: 1
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Storm Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1
  • Parking Storage: Front-Load Garage

Utilities

  • Cooling: Central, 220 Wiring
  • Heating: Central, Gas
  • Security: Smoke Detector(s), Dead Bolt Lock(s)
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 21
  • Acreage: 0.23
  • Lot Size: 60X170
  • Price Per Acre: 717391

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 067002 00015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2023
Sold by
Poe Ronald Eugene and Poe Christi Lynn
Bought by
Rcpoe Properties Llc
Current Estimated Value
$190,139

Purchase Details

Listed on
Apr 30, 2022
Closed on
May 31, 2022
Sold by
Johnson Michael S and Johnson Carolyn S
Bought by
Poe Ronald Eugene and Poe Christi Lynn
Seller's Agent
Sue Anne Cobb
Five Star Real Estate Services
Buyer's Agent
Ashley Wisch
eXp Realty, LLC
List Price
$165,000
Sold Price
$165,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.69%
Original Mortgage
$132,000
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2001
Sold by
Fioranelli Margaret
Bought by
Johnson Kenneth and Johnson Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,400
Interest Rate
6.6%

Purchase Details

Closed on
Feb 13, 1998
Sold by
Strickman Levitas Deron
Bought by
Fioranelli Margaret

Purchase Details

Closed on
Jan 6, 1998
Sold by
Baker Contracting Inc
Bought by
Strickman Levitas Deron

Purchase Details

Closed on
Apr 9, 1997
Sold by
Weiss Arnold M
Bought by
Hud

Purchase Details

Closed on
Oct 20, 1995
Bought by
Holcomb Len D and Holcomb Gladys C
Source: Public Records

Range of Values:

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Average Value
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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
Rcpoe Properties Llc -- Tri State Title
Poe Ronald Eugene $165,000 New Title Company Name
Johnson Kenneth $75,500 --
Fioranelli Margaret $65,000 --
Strickman Levitas Deron $48,085 --
Hud $62,000 --
Holcomb Len D $59,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Poe Ronald Eugene $132,000
Previous Owner Johnson Kenneth $60,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2022 05/31/22 Sold $165,000 0.0% $169 / Sq Ft
05/17/2022 05/17/22 Pending -- -- --
04/30/2022 04/30/22 For Sale $165,000 -- $169 / 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 $1,232 $41,625 $11,250 $30,375
2024 $1,232 $36,350 $7,050 $29,300
2023 $2,214 $36,350 $7,050 $29,300
2022 $2,214 $36,350 $7,050 $29,300
2021 $1,254 $36,350 $7,050 $29,300
2020 $1,953 $26,950 $7,050 $19,900
2019 $861 $26,950 $7,050 $19,900
2018 $861 $26,950 $7,050 $19,900
2017 $882 $26,950 $7,050 $19,900
2016 $935 $21,400 $0 $0
2014 $935 $21,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sue Anne Cobb

    Seller's Agent in 2022

    Sue Anne Cobb

    Five Star Real Estate Services

    (731) 217-9781

    4 in this area

    53 Total Sales

    Section Image
  • Jennifer Hearn Cox

    Seller Co-Listing Agent in 2022

    Jennifer Hearn Cox

    Five Star Real Estate Services

    (901) 497-1736

    4 in this area

    39 Total Sales

    Section Image
  • Ashley Wisch

    Buyer's Agent in 2022

    Ashley Wisch

    eXp Realty, LLC

    (901) 361-1293

    11 in this area

    275 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10122948

Memphis Area Association of REALTORS®

APN: 06-7002-0-0015

Tennessee Shelby County Memphis 38117 Colonial Acres

5038 Alrose Ave, Memphis, TN

This home is located at 5038 Alrose Ave, Memphis, TN 38117 since 30 April 2022 and is currently estimated at $186,832, approximately $191 per square foot. This property was built in 1952. 5038 Alrose Ave is a home located in Shelby County with nearby schools including Sea Isle Elementary School, Colonial Middle, and Overton High.

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