NOT LISTED FOR SALE

5197 Sea Isle Rd Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $216,000 - $241,000

3 Beds
2 Baths
1,231 Sq Ft
$185/Sq Ft Est. Value

Last Sold July 02, 2014

Last sale price $106,000 $86 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $1,359/month

27 Days on Market

Highlights

  • Updated Kitchen
  • Wood Flooring
  • Eat-In Kitchen
  • Traditional Architecture
  • Attic
  • 2-minute walk to Sea Isle Park

About This Home

As of July 2014

WOW!!! Fresh as a daisy, neat as a pin. 3 bedroom, 2 bath charmer with refinished hardwood floors, new baths, HUGE KITCHEN with french doors overlooking back yard from breakfast room. Call today to see how easy it is to buy this beauty. Easy access to shopping, schools, expressway, you name it! PLUS All of Sea Isle Park is your front yard! check out the website: http://www.sipna.org/ to see what the park has to offer. Plus the neighborhood association has a GREAT Facebook Page!

Last Agent to Sell the Property

George Merryfield

Leco Realty, Inc. License #285635 Listed on: 04/25/2014

Last Buyer's Agent

Stephanie Lewis

Purple Reign Realty License #266211

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,452

Year Built

  • Built in 1966

Lot Details

  • 8,712 Sq Ft Lot
  • Landscaped
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,231 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Attic

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Parking

  • 1 Parking Space
  • Driveway

Utilities

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

Community Details

  • Country Club Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 067044 00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,452

Year Built

Built in 1966

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: 95
  • Number Of Stories: 1
  • Price Per Sq Ft: 86.11
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1231
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Renovated Bathroom
  • Estimated Heated Sq Ft Range: Not Available
  • Bedroom 2 Description: Level 1, Shared Bath, Hardwood Floor
  • Bedroom 3 Description: Level 1, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Tile
  • Full Bathrooms: 2
  • Equipment: Disposal, Dishwasher, Refrigerator
  • Living Dining Kitchen: LR/DR Combination, Updated/Renovated Kitchen, Eat-In Kitchen, Washer/Dryer Connections
  • Other Rooms: Laundry Closet, Attic
  • Total Bathrooms: 2
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Full Bath, Hardwood Floor

Exterior Features

  • Roof: Composition Shingles

Garage/Parking

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

Utilities

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

Lot Info

  • Lot Description: Some Trees, Level, Landscaped
  • Lot Number: 751
  • Acreage: 0.2
  • Lot Size: .20 ACRES
  • Price Per Acre: 587500

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 067044 00003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2014
Closed on
Jun 25, 2014
Sold by
Hubbard Andrew S
Bought by
Porter Lindsay
Seller's Agent
George Merryfield
Leco Realty, Inc.
Buyer's Agent
Stephanie Lewis
Purple Reign Realty
List Price
$119,000
Sold Price
$106,000
Premium/Discount to List
-$13,000
-10.92%
Current Estimated Value
$227,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,147
Avg. Annual Appreciation
7.44%
Original Mortgage
$104,080
Outstanding Balance
$80,231
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$155,987

Purchase Details

Closed on
Mar 3, 2006
Sold by
Federal National Mortgage Association
Bought by
Hubbard Andrew S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,100
Interest Rate
6.19%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 7, 2005
Sold by
Spivey Randall J
Bought by
Netbank

Purchase Details

Closed on
Feb 21, 2003
Sold by
Gardner Matthew L and Gardner Allison
Bought by
Brown Samuel K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,900
Interest Rate
5.95%

Purchase Details

Closed on
Jul 5, 2000
Sold by
Luc Vanrompaey and Geest De Geest
Bought by
Gardner Matthew L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,849
Interest Rate
8.63%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 26, 1997
Sold by
Vickers Dennis E and Vickers June A
Bought by
Vanrompaey Luc Van and Degeest Natalie
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
Porter Lindsay $106,000 None Available
Hubbard Andrew S $116,800 West Tn Title Ins Agency
Netbank $117,730 --
Brown Samuel K $111,900 Lawyers Title Insurance Corp
Gardner Matthew L $99,900 --
Vanrompaey Luc Van $87,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Porter Lindsay $104,080
Previous Owner Hubbard Andrew S $105,100
Previous Owner Brown Samuel K $111,900
Previous Owner Gardner Matthew L $99,849
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2014 07/02/14 Sold $106,000 -10.9% $86 / Sq Ft
05/22/2014 05/22/14 Pending -- -- --
04/25/2014 04/25/14 For Sale $119,000 -- $97 / 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 $1,452 $50,000 $10,125 $39,875
2024 $1,452 $42,825 $7,800 $35,025
2023 $2,609 $42,825 $7,800 $35,025
2022 $2,609 $42,825 $7,800 $35,025
2021 $2,639 $42,825 $7,800 $35,025
2020 $1,962 $27,075 $7,800 $19,275
2019 $1,962 $27,075 $7,800 $19,275
2018 $1,962 $27,075 $7,800 $19,275
2017 $1,113 $27,075 $7,800 $19,275
2016 $1,150 $26,325 $0 $0
2014 $1,150 $26,325 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2014

    George Merryfield

    Leco Realty, Inc.

    (901) 289-6772

    22 Total Sales

    George Merryfield
    Section Image
  • Stephanie Lewis

    Buyer's Agent in 2014

    Stephanie Lewis

    Purple Reign Realty

    (901) 574-2148

    66 Total Sales

    Stephanie Lewis
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9925176

Memphis Area Association of REALTORS®

APN: 06-7044-0-0003

Tennessee Shelby County Memphis 38117 Colonial Acres

5197 Sea Isle Rd, Memphis, TN

This home is located at 5197 Sea Isle Rd, Memphis, TN 38117 since 25 April 2014 and is currently estimated at $227,147, approximately $184 per square foot. This property was built in 1966. 5197 Sea Isle Rd is a home located in Shelby County with nearby schools including Sea Isle Elementary School, Colonial Middle, and Overton High.

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