NOT LISTED FOR SALE

5047 Welchshire Ave Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $200,000 - $271,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$149/Sq Ft Est. Value

Last Sold April 23, 2018

Last sale price $160,000 $100 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,433/month

32 Days on Market

Highlights

  • The property is located in a historic district
  • Wood Flooring
  • Separate Formal Living Room
  • Traditional Architecture
  • Whirlpool Bathtub
  • Great Room

About This Home

As of April 2018

Wow! Newly painted inside & out! New Roof being installed next week, refinished hardwood floors. Gas in Fireplace in the large Great Room. Built in cabinets, Gas Stove , Central Air, Whirlpool Tub in the Master Bath. A Fenced in Backyard! New Plumbing from the Street to the house! Don't miss out and Schedule your showing today!

Last Agent to Sell the Property

Jeff Goff

Keller Williams License #291715 Listed on: 03/01/2018

Keller Williams

Co-Listed By

Jennifer Smith

Keller Williams License #289818

Last Buyer's Agent

David Steinberg

River City Land Co., LLC License #313473

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,621

Year Built

  • Built in 1954

Lot Details

  • 8,712 Sq Ft Lot
  • Wood Fence
  • Chain Link Fence
  • Landscaped
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,396 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Some Wood Windows
  • Great Room
  • Separate Formal Living Room
  • Dining Room
  • Den with Fireplace
  • Storage Room
  • Laundry Room
  • Pull Down Stairs to Attic
  • Storm Windows

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Gas Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Parking

  • 1 Parking Space
  • Carport
  • Driveway

Outdoor Features

  • Patio
  • Outdoor Storage
  • Porch

Location

  • The property is located in a historic district

Utilities

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

Community Details

  • Park Manor 1St Addn Rev Subdivision

Listing and Financial Details

  • Assessor Parcel Number 067007 00007

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,621

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: 120
  • Number Of Stories: 1
  • Price Per Sq Ft: 114.61
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1396
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Whirlpool(s)
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Masonry, In Den/Great Room, Gas Logs
  • Floors/Ceilings: Part Hardwood, Tile, Smooth Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Gas Cooking, Disposal, Dishwasher, Cable Wired
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Great Room, Breakfast Bar
  • Misc Interior: Pull Down Attic Stairs
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room
  • Total Bathrooms: 2
  • Primary Bathroom Description: Whirlpool Tub

Exterior Features

  • Misc Exterior: Storage Building, Porch, Patio, Historic District
  • Exterior Windows: Brick Veneer, Wood Window(s), Storm Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1
  • Parking Storage: Driveway/Pad, Storage Room(s)

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level, Landscaped, Wood Fenced, Chain Fenced
  • Lot Number: 22
  • Acreage: 0.2
  • Lot Size: .22
  • Price Per Acre: 840000

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 067007 00007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2018
Closed on
Apr 23, 2018
Sold by
Robinson Peggy R
Bought by
Blue Eyes Properties Llc
Seller's Agent
Jeff Goff
Keller Williams
Buyer's Agent
David Steinberg
River City Land Co., LLC
List Price
$168,000
Sold Price
$160,000
Premium/Discount to List
-$8,000
-4.76%
Current Estimated Value
$238,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,216
Avg. Annual Appreciation
6.53%

Purchase Details

Closed on
Aug 17, 2009
Sold by
Gardner Justin R
Bought by
Robinson Peggy R

Purchase Details

Closed on
Apr 28, 2004
Sold by
Scott Jayson R
Bought by
Gardner Justin R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
5.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 2001
Sold by
Nix William Don
Bought by
Scott Jayson R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.6%
Source: Public Records

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
Blue Eyes Properties Llc $160,000 None Available
Robinson Peggy R $137,000 None Available
Gardner Justin R $133,000 --
Scott Jayson R $99,000 --
Nix William Don -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Blue Eyes Properties Llc $120,000
Previous Owner Gardner Justin R $129,000
Previous Owner Scott Jayson R $97,920
Previous Owner Scott Jayson R $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2018 04/23/18 Sold $160,000 -4.8% $114 / Sq Ft
04/02/2018 04/02/18 Pending -- -- --
03/01/2018 03/01/18 For Sale $168,000 -- $120 / 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 $1,621 $54,400 $11,250 $43,150
2024 $1,621 $47,825 $7,050 $40,775
2023 $2,913 $47,825 $7,050 $40,775
2022 $2,913 $47,825 $7,050 $40,775
2021 $2,947 $47,825 $7,050 $40,775
2020 $2,391 $33,000 $7,050 $25,950
2019 $2,391 $33,000 $7,050 $25,950
2018 $2,391 $33,000 $7,050 $25,950
2017 $1,356 $33,000 $7,050 $25,950
2016 $1,266 $28,975 $0 $0
2014 $1,266 $28,975 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeff Goff

    Seller's Agent in 2018

    Jeff Goff

    Keller Williams

    (901) 461-8830

    7 in this area

    163 Total Sales

    Jeff Goff
    Section Image

  • J

    Seller Co-Listing Agent in 2018

    Jennifer Smith

    Keller Williams

    (901) 461-8830

    2 in this area

    327 Total Sales

    Jennifer Smith
    Section Image

  • D

    Buyer's Agent in 2018

    David Steinberg

    River City Land Co., LLC

    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10021342

Memphis Area Association of REALTORS®

APN: 06-7007-0-0007

Tennessee Shelby County Memphis 38117 Colonial Acres

5047 Welchshire Ave, Memphis, TN

This home is located at 5047 Welchshire Ave, Memphis, TN 38117 since 01 March 2018 and is currently estimated at $238,216, approximately $148 per square foot. This property was built in 1954. 5047 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.

Memphis Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Some or all of the listings displayed may not belong to the firm whose website is being visited. Copyright© 2025 Memphis Area Association of REALTORS®.

Nearby Homes