NOT LISTED FOR SALE

5056 Welchshire Ave Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $225,000 - $248,493

3 Beds
1 Bath
1,200-1,399 Sq Ft
$169/Sq Ft Est. Value

Last Sold October 30, 2023

Last sale price $255,500 $183 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $1,409/month

66 Days on Market

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Screened Porch
  • Wood Flooring
  • Separate Formal Living Room
  • 1 Car Attached Garage

About This Home

As of October 2023

This loved home has been meticulously maintained. Great curb appeal and conveniently located near restaurants and shopping. Spacious kitchen with large island, new energy efficient windows installed 2yrs ago, roof 6yrs old, screened in patio and recently painted. Just move in and enjoy!

Last Agent to Sell the Property

Scott Carrier

Keller Williams License #286147 Listed on: 08/06/2023

Keller Williams

Co-Listed By

Jewelia Carrier

Keller Williams License #371858

Last Buyer's Agent

Maureen Fraser

John Green & Co., REALTORS License #302741

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,463

Year Built

  • Built in 1954

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 68x130
  • Wood Fence
  • Landscaped
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,211 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Double Pane Windows
  • Separate Formal Living Room
  • Dining Room
  • Screened Porch
  • Storage Room
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Attached Garage
  • Carport

Outdoor Features

  • Patio
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • Park Manor 1St Addn Rev Subdivision

Listing and Financial Details

  • Assessor Parcel Number 067006 00022

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,463

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
  • Number Of Stories: 1
  • Price Per Sq Ft: 210.98
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1211
  • Year Built: 1954
  • List Price/ Sq Ft: 211
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Tile
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Breakfast Bar, Island In Kitchen, Washer/Dryer Connections
  • Number Of Fireplaces: 1
  • Total Bathrooms: 1

Exterior Features

  • Misc Exterior: Screen Porch, Patio, Covered Patio, Storage
  • Exterior Windows: Brick Veneer, R-Factor (See Remarks), Double Pane Window(s)
  • Foundation: Slab

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1A
  • Parking Storage: Storage Room(s)

Utilities

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

Lot Info

  • Lot Description: Some Trees, Level, Landscaped, Wood Fenced
  • Lot Number: 9
  • Acreage: 0.2
  • Lot Size: 68X130
  • Price Per Acre: 1280000

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 067006 00022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2023
Closed on
Oct 26, 2023
Sold by
Hickham Patrick
Bought by
Sheffield Ashlee K
Seller's Agent
Scott Carrier
Keller Williams
Buyer's Agent
Maureen Fraser
John Green & Co., REALTORS
List Price
$265,000
Sold Price
$255,500
Premium/Discount to List
-$9,500
-3.58%
Views
209
Current Estimated Value
$236,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,377
Avg. Annual Appreciation
-1.70%
Original Mortgage
$250,871
Outstanding Balance
$246,898
Interest Rate
7.19%
Mortgage Type
FHA
Estimated Equity
$733

Purchase Details

Listed on
Nov 11, 2021
Closed on
Dec 9, 2021
Sold by
Law Victoria H
Bought by
Hickman Patrick
Seller's Agent
Harold Haskin
Crye-Leike, Inc., REALTORS
Buyer's Agent
Scott Carrier
Keller Williams
List Price
$215,000
Sold Price
$245,100
Premium/Discount to List
$30,100
14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.24%

Purchase Details

Listed on
Jun 3, 2019
Closed on
Jul 16, 2019
Sold by
Winters Amy Morel and Winters Aaron
Bought by
Law Victoria H
Seller's Agent
Jana West
Sowards & Associates, REALTORS
Buyer's Agent
Harold Haskin
Crye-Leike, Inc., REALTORS
List Price
$165,000
Sold Price
$157,500
Premium/Discount to List
-$7,500
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.05%
Original Mortgage
$150,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2004
Sold by
Richie Spencer M
Bought by
Morel Amy

Purchase Details

Closed on
Dec 9, 1997
Sold by
Massengill Angela Renea
Bought by
Richie Spencer M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,168
Interest Rate
7.19%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 18, 1997
Sold by
Chance Laura Jane Hayes Mcelroy and Chance Larry W
Bought by
Massengill Angela Renea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,540
Interest Rate
7.85%
Mortgage Type
FHA
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
Sheffield Ashlee K $255,500 None Listed On Document
Hickman Patrick $245,100 Realty Title & Escrow Co Inc
Law Victoria H $157,500 Estate Title & Closing Llc
Morel Amy $108,000 --
Richie Spencer M $71,650 Fidelity Title & Escrow Inc
Massengill Angela Renea $68,800 Fidelity Title & Escrow Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheffield Ashlee K $250,871
Previous Owner Law Victoria H $150,000
Previous Owner Morel Amy $50,000
Previous Owner Richie Spencer M $72,168
Previous Owner Massengill Angela Renea $69,540
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2023 11/07/23 Off Market $255,500 -- --
10/30/2023 10/30/23 Sold $255,500 -0.2% $213 / Sq Ft
09/29/2023 09/29/23 Price Changed $256,000 -0.4% $213 / Sq Ft
09/24/2023 09/24/23 Price Changed $256,900 -1.2% $214 / Sq Ft
08/23/2023 08/23/23 Price Changed $259,900 -1.9% $217 / Sq Ft
08/06/2023 08/06/23 For Sale $265,000 +8.1% $221 / Sq Ft
12/14/2021 12/14/21 Sold $245,100 +14.0% $245 / Sq Ft
11/20/2021 11/20/21 Pending -- -- --
11/11/2021 11/11/21 For Sale $215,000 +36.5% $215 / Sq Ft
07/16/2019 07/16/19 Sold $157,500 -4.5% $158 / Sq Ft
06/04/2019 06/04/19 Pending -- -- --
06/03/2019 06/03/19 For Sale $165,000 -- $165 / 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 $1,463 $65,600 $11,250 $54,350
2024 -- $43,150 $7,050 $36,100
2023 $2,629 $43,150 $7,050 $36,100
2022 $2,629 $43,150 $7,050 $36,100
2021 $2,659 $43,150 $7,050 $36,100
2020 $2,359 $32,550 $7,050 $25,500
2019 $1,040 $32,550 $7,050 $25,500
2018 $1,040 $32,550 $7,050 $25,500
2017 $1,065 $32,550 $7,050 $25,500
2016 $1,108 $25,350 $0 $0
2014 $1,108 $25,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Scott Carrier

    Seller's Agent in 2023

    Scott Carrier

    Keller Williams

    (901) 219-8552

    6 in this area

    156 Total Sales

    Scott Carrier
    Section Image

  • J

    Seller Co-Listing Agent in 2023

    Jewelia Carrier

    Keller Williams

    (901) 471-9596

    1 in this area

    11 Total Sales

    Jewelia Carrier
    Section Image
  • Maureen Fraser

    Buyer's Agent in 2023

    Maureen Fraser

    John Green & Co., REALTORS

    (901) 674-0954

    4 in this area

    274 Total Sales

    Maureen Fraser
    Section Image
  • Harold Haskin

    Seller's Agent in 2021

    Harold Haskin

    Crye-Leike

    (901) 413-4214

    2 in this area

    35 Total Sales

    Harold Haskin
    Section Image

  • J

    Seller's Agent in 2019

    Jana West

    Sowards & Associates, REALTORS

    (901) 581-1262

    6 in this area

    55 Total Sales

    Jana West
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10153817

Memphis Area Association of REALTORS®

APN: 06-7006-0-0022

Tennessee Shelby County Memphis 38117 Colonial Acres

5056 Welchshire Ave, Memphis, TN

This home is located at 5056 Welchshire Ave, Memphis, TN 38117 since 06 August 2023 and is currently estimated at $236,123, approximately $168 per square foot. This property was built in 1954. 5056 Welchshire 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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