NOT LISTED FOR SALE

5067 Welchshire Ave Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $217,000 - $283,000

3 Beds
1 Bath
1,000-1,199 Sq Ft
$215/Sq Ft Est. Value

Last Sold August 25, 2016

Last sale price $129,900 $108 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $1,519/month

13 Days on Market

Highlights

  • Updated Kitchen
  • Wood Flooring
  • Den
  • Traditional Architecture
  • Great Room
  • Central Heating and Cooling System

About This Home

As of August 2016

Absolutely adorable......Three bedrooms, one bath. Freshly painted, lovely hard wood floors throughout the house. Updated kitchen, s/s appliances, gas cooking, tile floor. Updated bath, fenced in yard, huge new storage building perfect for studio/office.

Last Agent to Sell the Property

Thomas Marchbanks

eXp Realty, LLC License #221504 Listed on: 07/06/2016

eXp Realty, LLC

Last Buyer's Agent

John Gatti

Keller Williams Realty License #331852

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,363

Year Built

  • Built in 1954

Lot Details

  • 8,712 Sq Ft Lot
  • Chain Link Fence
  • Level Lot

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,096 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Great Room
  • Den

Kitchen

  • Updated Kitchen
  • Gas Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Remodeled Bathroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway

Utilities

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

Community Details

  • Park Manor 1St Addn Rev Subdivision

Listing and Financial Details

  • Assessor Parcel Number 067007 00010

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,363

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: 118
  • Number Of Stories: 1
  • Price Per Sq Ft: 118.52
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1096
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Renovated Bathroom
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Level 1, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 1, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Hardwood Throughout, Tile, Smooth Ceiling
  • Full Bathrooms: 1
  • Equipment: Gas Cooking, Disposal, Dishwasher, Cable Wired
  • Living Dining Kitchen: Great Room, Updated/Renovated Kitchen
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Level 1, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Chain Fence
  • Exterior Windows: Brick Veneer
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

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

Utilities

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

Lot Info

  • Lot Description: Level, Chain Fenced
  • Lot Number: 19
  • Acreage: 0.2
  • Lot Size: .20
  • Price Per Acre: 645000

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 067007 00010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2016
Closed on
Aug 26, 2016
Sold by
Gaither Mike
Bought by
Fracchia Fonda L
Seller's Agent
Thomas Marchbanks
eXp Realty, LLC
Buyer's Agent
John Gatti
Keller Williams Realty
List Price
$129,000
Sold Price
$129,900
Premium/Discount to List
$900
0.7%
Total Days on Market
13
Current Estimated Value
$257,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,943
Avg. Annual Appreciation
8.38%
Original Mortgage
$116,910
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2008
Sold by
Gatlin Oquilla
Bought by
Gaither Mike

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
5.86%
Mortgage Type
Purchase Money Mortgage
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
Fracchia Fonda L $129,900 Mid South Title Services Llc
Gaither Mike $75,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franchia Fonda L $114,420
Closed Fracchia Fonda L $116,910
Previous Owner Gaither Michael W $51,000
Previous Owner Gaither Mike $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2016 08/25/16 Sold $129,900 +0.7% $130 / Sq Ft
07/19/2016 07/19/16 Pending -- -- --
07/06/2016 07/06/16 For Sale $129,000 -- $129 / 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 $1,363 $52,150 $11,250 $40,900
2024 $1,363 $40,200 $7,050 $33,150
2023 $2,449 $40,200 $7,050 $33,150
2022 $1,363 $40,200 $7,050 $33,150
2021 $2,478 $40,200 $7,050 $33,150
2020 $2,295 $31,675 $7,050 $24,625
2019 $2,295 $31,675 $7,050 $24,625
2018 $2,295 $31,675 $7,050 $24,625
2017 $1,302 $31,675 $7,050 $24,625
2016 $955 $21,850 $0 $0
2014 $955 $21,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Thomas Marchbanks

    Seller's Agent in 2016

    Thomas Marchbanks

    eXp Realty, LLC

    (901) 335-6688

    1 in this area

    67 Total Sales

    Thomas Marchbanks
    Section Image

  • J

    Buyer's Agent in 2016

    John Gatti

    Keller Williams Realty

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9981516

Memphis Area Association of REALTORS®

APN: 06-7007-0-0010

Tennessee Shelby County Memphis 38117 Colonial Acres

5067 Welchshire Ave, Memphis, TN

This home is located at 5067 Welchshire Ave, Memphis, TN 38117 since 06 July 2016 and is currently estimated at $257,843, approximately $215 per square foot. This property was built in 1954. 5067 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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