NOT LISTED FOR SALE

5257 Welchshire Ave Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $173,000 - $176,000

3 Beds
1 Bath
975 Sq Ft
$179/Sq Ft Est. Value

About This Home

As of March 2020

Say hello to your new home! This beautiful home located in 38117 is priced to rent and won’t last long! This 975 sq. ft. home has 3 spacious bedrooms and 1 bathroom. In addition to the fenced-in backyard, this home features an open floor plan, an eat-in kitchen, and a living room that is perfect for entertaining. This property is a must see! Contact our leasing team TODAY to schedule your viewing and start your application process!

Last Agent to Rent the Property

Nathan Gray

Premier Property Management Gr License #324039 Listed on: 03/18/2020

Co-Listed By

Jerry Thornton

Premier Property Management Gr License #325902

Last Renter's Agent

Jerry Thornton

Premier Property Management Gr License #325902

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,186

Year Built

  • Built in 1955

Lot Details

  • 8,712 Sq Ft Lot

Interior Spaces

  • 975 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Community Details

  • Crest Ridge Re Lot 3 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 067060 00004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,186

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: Rental Properties
  • Type: Rental
  • Style Code Use: General Residential
  • MLS Map #: 759B
  • MAAR Subdivision Name: COLONIAL ACRES
  • Freestanding: Yes
  • List Price Per Sq Ft: 1
  • Number Of Stories: 1
  • Price Per Sq Ft: 0.97
  • Estimated Sq Ft: 975
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1
  • Number Of Fireplaces: 1
  • Total Bathrooms: 1

Lot Info

  • Lot Number: 5
  • Acreage: 0.2
  • Lot Size: x
  • Price Per Acre: 4625

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: 067060 00004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2009
Sold by
Clothier Kent
Bought by
Hayward Don and Don Hayward 401K Plan 99491
Current Estimated Value
$174,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,875
Outstanding Balance
$39,900
Interest Rate
4.68%
Mortgage Type
Seller Take Back
Estimated Equity
$134,609

Purchase Details

Closed on
Oct 19, 2006
Sold by
Huff Wynellen W
Bought by
Clothier Kent B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,050
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Hayward Don $82,500 None Available
Clothier Kent B $84,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hayward Don $61,875
Previous Owner Clothier Kent B $76,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2020 03/26/20 Rented $950 +2.7% --
03/18/2020 03/18/20 For Rent $925 -- --
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 $1,186 $40,275 $11,250 $29,025
2024 $1,186 $34,975 $7,050 $27,925
2023 $2,131 $34,975 $7,050 $27,925
2022 $2,131 $34,975 $7,050 $27,925
2021 $1,207 $34,975 $7,050 $27,925
2020 $1,900 $26,225 $7,050 $19,175
2019 $838 $26,225 $7,050 $19,175
2018 $838 $26,225 $7,050 $19,175
2017 $858 $26,225 $7,050 $19,175
2016 $931 $21,300 $0 $0
2014 $931 $21,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Landlord's Agent in 2020

    Nathan Gray

    Premier Property Management Gr

    (901) 751-7979

    2 in this area

    47 Total Sales

    Nathan Gray
    Section Image

  • J

    Landlord's Co-Listing Agent in 2020

    Jerry Thornton

    Premier Property Management Gr

    (901) 751-7979

    1 in this area

    8 Total Sales

    Jerry Thornton
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10073101

Memphis Area Association of REALTORS®

APN: 06-7060-0-0004

Tennessee Shelby County Memphis 38117 Colonial Acres

5257 Welchshire Ave, Memphis, TN

This home is located at 5257 Welchshire Ave, Memphis, TN 38117 since 18 March 2020 and is currently priced at $174,509. This property was built in 1955. 5257 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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