NOT LISTED FOR SALE

5070 Colewood Ave Memphis, TN 38118

Parkway Village Neighborhood

Estimated Value: $106,000 - $144,000

3 Beds
1.5 Baths
1,000-1,199 Sq Ft
$106/Sq Ft Est. Value

Last Sold August 08, 2014

Last sale price $77,900 $65 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $744/month

2 Days on Market

Highlights

  • Traditional Architecture
  • Level Lot
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of August 2014

PROPERTY CURRENTLY UNDER RENOVATION. NO SHOWINGS. PLEASE CALL LIST AGENT FOR MORE INFO. SEE ATTACHMENTS FOR SCOPE OF WORK. PROPERTY IS RENTED AND TO BE SOLD AS INVESTMENT. PROPERTY OCCUPIED BY TENANT WITH TENANTS RIGHTS.

Last Agent to Sell the Property

Mark Saller

Reedy Group II, LLC License #239921 Listed on: 06/24/2014

Last Buyer's Agent

Mark Saller

Reedy Group II, LLC License #239921 Listed on: 06/24/2014

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 8,712 Sq Ft Lot
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,053 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Parkway Village Blk D Subdivision

Listing and Financial Details

  • Assessor Parcel Number 074056 00027

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 772D
  • MAAR Subdivision Name: PARKWAY VILLAGE BLK D
  • List Price Per Sq Ft: 75
  • Number Of Stories: 1
  • Price Per Sq Ft: 73.98
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1053
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 1.1

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: 736
  • Acreage: 0.2
  • Price Per Acre: 394500

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 074056 00027

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2014
Closed on
Aug 8, 2014
Sold by
Memphis Invest Gp
Bought by
Rsg Capital Investments Llc
Seller's Agent
Mark Saller
Reedy Group II, LLC
Buyer's Agent
Mark Saller
Reedy Group II, LLC
List Price
$78,900
Sold Price
$77,900
Premium/Discount to List
-$1,000
-1.27%
Current Estimated Value
$126,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,058
Avg. Annual Appreciation
4.98%
Original Mortgage
$91,680
Interest Rate
4.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 24, 2014
Closed on
Jun 12, 2014
Sold by
Wright Phyllis
Bought by
Memphis Invest Gp
Seller's Agent
Mark Saller
Reedy Group II, LLC
Buyer's Agent
Mark Saller
Reedy Group II, LLC
List Price
$78,900
Sold Price
$77,900
Premium/Discount to List
-$1,000
-1.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,680
Interest Rate
4.19%
Mortgage Type
Purchase Money Mortgage
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
Rsg Capital Investments Llc $78,900 None Available
Memphis Invest Gp $30,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rsg Capital Investments Llc $91,680
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2014 08/08/14 Sold $77,900 -1.3% $78 / Sq Ft
06/26/2014 06/26/14 Pending -- -- --
06/24/2014 06/24/14 For Sale $78,900 -- $79 / 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 -- $27,950 $4,200 $23,750
2024 $638 $18,825 $3,000 $15,825
2023 $1,147 $18,825 $3,000 $15,825
2022 $1,147 $18,825 $3,000 $15,825
2021 $1,160 $18,825 $3,000 $15,825
2020 $1,273 $17,575 $3,000 $14,575
2019 $1,273 $17,575 $3,000 $14,575
2018 $1,273 $17,575 $3,000 $14,575
2017 $722 $17,575 $3,000 $14,575
2016 $553 $12,650 $0 $0
2014 $553 $12,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Mark Saller

    Reedy Group II, LLC

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9929752

Memphis Area Association of REALTORS®

APN: 07-4056-0-0027

Tennessee Shelby County Memphis 38118 Parkway Village

5070 Colewood Ave, Memphis, TN

This home is located at 5070 Colewood Ave, Memphis, TN 38118 since 24 June 2014 and is currently estimated at $126,958, approximately $105 per square foot. This property was built in 1960. 5070 Colewood Ave is a home located in Shelby County with nearby schools including Evans Elementary School, Wooddale High School, and Cornerstone Prep School.

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