NOT LISTED FOR SALE

5064 Welchshire Ave Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $268,000 - $301,000

4 Beds
2 Baths
1,600-1,799 Sq Ft
$157/Sq Ft Est. Value

Last Sold August 20, 2020

Last sale price $238,000 $132 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,701/month

2 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • Level Lot
  • Wood Flooring
  • Combination Dining and Living Room
  • 1-Story Property

About This Home

As of August 2020

Meticulously maintained 4 bedroom house in desirable Sea Isle Park Neighborhood. Spacious master bedroom with en suite full bathroom. Ample common area for seating and dining. Granite countertops, stone backsplash, and stainless steel appliances in kitchen. Plantation shutters throughout home. Large backyard with tall privacy fence and outdoor storage unit. This one won't last long - schedule a showing today!

Last Agent to Sell the Property

Jack Inman

Long Term Invest Mngt License #342513 Listed on: 07/09/2020

Last Buyer's Agent

Keith Gilliam

Weichert REALTORS BenchMark License #260202

Weichert REALTORS BenchMark

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,934

Year Built

  • Built in 1955

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 68x130
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,618 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Iron Doors

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Park Manor 1St Addn Rev Subdivision

Listing and Financial Details

  • Assessor Parcel Number 067006 00021

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,934

Year Built

Built in 1955

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: 142
  • Number Of Stories: 1
  • Price Per Sq Ft: 147.1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1618
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Floors/Ceilings: Part Hardwood, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: LR/DR Combination
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 10
  • Acreage: 0.2
  • Lot Size: 68X130
  • Price Per Acre: 1150000

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 067006 00021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2020
Closed on
Aug 20, 2020
Sold by
Evans Kenneth James
Bought by
Norman Eric and Cotton Stacey
Seller's Agent
Jack Inman
Long Term Invest Mngt
Buyer's Agent
Keith Gilliam
Weichert REALTORS BenchMark
List Price
$230,000
Sold Price
$238,000
Premium/Discount to List
$8,000
3.48%
Current Estimated Value
$282,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,534
Avg. Annual Appreciation
3.50%
Original Mortgage
$226,100
Outstanding Balance
$202,363
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$80,426

Purchase Details

Listed on
Nov 20, 2016
Closed on
Feb 1, 2017
Sold by
Davis Jodie
Bought by
Evans Kenneth James
Seller's Agent
Laurie McBride Connors
Ware Jones, REALTORS
Buyer's Agent
Laurie McBride Connors
Ware Jones, REALTORS
List Price
$180,000
Sold Price
$172,000
Premium/Discount to List
-$8,000
-4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.58%
Original Mortgage
$172,000
Interest Rate
4.3%
Mortgage Type
VA

Purchase Details

Closed on
Jul 22, 2010
Sold by
Ferebee David E and Ferebee Kelli J
Bought by
Davis Jodie

Purchase Details

Closed on
Apr 28, 1999
Sold by
Lahman Jay L and Lahman Kristin J
Bought by
Ferebee David E and Ferebee Kelli J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,357
Interest Rate
6.98%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 14, 1996
Sold by
Lahman Jay L
Bought by
Lahman Jay L and Lahman Kristin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,550
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 13, 1996
Sold by
Dickey James S and Dickey Pamela M
Bought by
Lahman Jay L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,550
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Norman Eric $238,000 None Available
Evans Kenneth James $172,000 None Available
Davis Jodie $150,000 Mid South Title Services Llc
Ferebee David E $93,500 --
Lahman Jay L -- --
Lahman Jay L $89,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Norman Eric $226,100
Previous Owner Evans Kenneth James $172,000
Previous Owner Davis Jodie L $70,000
Previous Owner Ferebee David E $10,000
Previous Owner Ferebee David E $93,357
Previous Owner Lahman Jay L $80,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2020 08/20/20 Sold $238,000 +3.5% $149 / Sq Ft
07/09/2020 07/09/20 For Sale $230,000 +33.7% $144 / Sq Ft
02/01/2017 02/01/17 Sold $172,000 -4.4% $108 / Sq Ft
12/30/2016 12/30/16 Pending -- -- --
11/20/2016 11/20/16 For Sale $180,000 -- $113 / 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 $1,934 $70,825 $11,250 $59,575
2024 $1,934 $57,050 $7,050 $50,000
2023 $3,475 $57,050 $7,050 $50,000
2022 $3,475 $57,050 $7,050 $50,000
2021 $3,516 $57,050 $7,050 $50,000
2020 $2,962 $40,875 $7,050 $33,825
2019 $1,306 $40,875 $7,050 $33,825
2018 $1,306 $40,875 $7,050 $33,825
2017 $1,337 $40,875 $7,050 $33,825
2016 $1,606 $36,750 $0 $0
2014 $1,606 $36,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jack Inman

    Long Term Invest Mngt

    Section Image
  • Keith Gilliam

    Buyer's Agent in 2020

    Keith Gilliam

    Weichert REALTORS BenchMark

    (901) 412-3984

    4 in this area

    37 Total Sales

    Keith Gilliam
    Section Image
  • Laurie McBride Connors

    Seller's Agent in 2017

    Laurie McBride Connors

    Ware Jones, REALTORS

    (901) 355-4020

    23 in this area

    154 Total Sales

    Laurie McBride Connors
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10080274

Memphis Area Association of REALTORS®

APN: 06-7006-0-0021

Tennessee Shelby County Memphis 38117 Colonial Acres

5064 Welchshire Ave, Memphis, TN

This home is located at 5064 Welchshire Ave, Memphis, TN 38117 since 09 July 2020 and is currently estimated at $282,534, approximately $157 per square foot. This property was built in 1955. 5064 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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