NOT LISTED FOR SALE

5325 Colony Ln Memphis, TN 38119

Colonial Acres Neighborhood

Estimated Value: $282,000 - $339,000

3 Beds
2 Baths
1,800-1,999 Sq Ft
$162/Sq Ft Est. Value

Last Sold October 24, 2023

Last sale price $320,000 $160 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,020/month

5 Days on Market

Highlights

  • Updated Kitchen
  • Wood Flooring
  • Separate Formal Living Room
  • Traditional Architecture
  • Attic
  • Sun or Florida Room

About This Home

As of October 2023

Look no farther, this one is it! This meticulously maintained home offers a large formal living room, an inviting dining room, a large den & natural light filled sunroom w/ concrete floors. The unique breakfast area connected to the den offers a fireplace and brick flooring. The kitchen counters are granite w/tons of cabinets and tile floors. The primary bath is a great layout w/a huge walk-in closet in the bedroom. Check out attached list of all the recent upgrades. Private backyard!

Last Agent to Sell the Property

Amanda Lott

BHHS McLemore & Co., Realty License #318728 Listed on: 09/05/2023

BHHS McLemore & Co., Realty

Co-Listed By

Carol Lott

BHHS McLemore & Co., Realty License #225648

Last Buyer's Agent

Gay Young

eXp Realty, LLC License #309180

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,226

Year Built

  • Built in 1962

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 93x120
  • Wood Fence
  • Landscaped
  • Corner Lot
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,989 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Fireplace Features Masonry
  • Entrance Foyer
  • Separate Formal Living Room
  • Breakfast Room
  • Dining Room
  • Den with Fireplace
  • Sun or Florida Room
  • Pull Down Stairs to Attic
  • Iron Doors

Kitchen

  • Updated Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Side Facing Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Colony Re Subdivision

Listing and Financial Details

  • Assessor Parcel Number 067070 00019

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,226

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Estate
  • MLS Map #: 759D
  • MAAR Subdivision Name: YORKSHIRE
  • Number Of Stories: 1
  • Price Per Sq Ft: 160.88
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1989
  • Year Built: 1962
  • List Price/ Sq Ft: 163
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedroom 2 Description: Level 1, Shared Bath, Hardwood Floor
  • Bedroom 3 Description: Level 1, Shared Bath, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Masonry, In Den/Great Room
  • Floors/Ceilings: Hardwood Throughout, Tile, Concrete Floor, Smooth Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Updated/Renovated Kitchen, Separate Breakfast Room, Washer/Dryer Connections
  • Misc Interior: Walk-In Closet(s), Pull Down Attic Stairs
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet, Sun Room, Entry Hall, Attic
  • Total Bathrooms: 2
  • Primary Bathroom Description: Separate Shower, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Hardwood Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Patio, Wood Fence
  • Exterior Windows: Brick Veneer
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2D
  • Parking Storage: Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central, Gas
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level, Corner, Landscaped, Wood Fenced
  • Lot Number: 14
  • Acreage: 0.25
  • Lot Size: 93X120
  • Price Per Acre: 1300000

Multi Family

  • Number Of Rooms: 9

Tax Info

  • Assessor Parcel Number: 067070 00019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2023
Closed on
Oct 17, 2023
Sold by
Camurati Merry Beth
Bought by
Negray Chelsea and Piecuch Christopher Martin
Seller's Agent
Amanda Lott
BHHS McLemore & Co., Realty
Buyer's Agent
Gay Young
eXp Realty, LLC
List Price
$325,000
Sold Price
$320,000
Premium/Discount to List
-$5,000
-1.54%
Views
31
Current Estimated Value
$335,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,000
Avg. Annual Appreciation
2.21%
Original Mortgage
$256,000
Outstanding Balance
$251,946
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$80,966

Purchase Details

Listed on
Sep 17, 2013
Closed on
Mar 27, 2014
Sold by
Adams Tabitha Ann
Bought by
Camurati Merry Beth
Seller's Agent
Joshua Hisaw
Keller Williams
Buyer's Agent
Cal Millner
Adaro Realty, Inc.
List Price
$155,000
Sold Price
$155,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.83%

Purchase Details

Closed on
Nov 19, 2013
Sold by
Adams Michael Brent
Bought by
Adams Tabitha Ann

Purchase Details

Closed on
Nov 30, 2007
Sold by
Schaffer Lawrence and Camurati Merry B
Bought by
Adams Michael B and Adams Tabitha A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 17, 2006
Sold by
Schaffer Lawrence and Schaffer Merry B
Bought by
Schaffer Lawrence and Camurati Merry B

Purchase Details

Closed on
May 24, 2005
Sold by
Brooks Betty Jo Anderson
Bought by
Schaffer Lawrence and Schaffer Merry B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
5.8%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 5, 1995
Bought by
Brooks Betty J
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
Negray Chelsea $320,000 Home Surety Title
Camurati Merry Beth $170,000 Southern Trust Title Co
Adams Tabitha Ann -- None Available
Adams Michael B $205,000 None Available
Schaffer Lawrence -- None Available
Schaffer Lawrence $180,000 --
Brooks Betty J $116,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Negray Chelsea $256,000
Previous Owner Camurati Merry Beth $125,900
Previous Owner Adams Michael B $164,000
Previous Owner Adams Michael B $30,750
Previous Owner Schaffer Lawrence $144,000
Previous Owner Schaffer Lawrence A $36,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2023 10/24/23 Sold $320,000 -1.5% $178 / Sq Ft
09/10/2023 09/10/23 Pending -- -- --
09/05/2023 09/05/23 For Sale $325,000 +109.7% $181 / Sq Ft
03/19/2014 03/19/14 Sold $155,000 0.0% $78 / Sq Ft
02/04/2014 02/04/14 Pending -- -- --
09/17/2013 09/17/13 For Sale $155,000 -- $78 / 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 $2,226 $86,850 $17,700 $69,150
2024 -- $65,650 $10,800 $54,850
2023 $3,999 $65,650 $10,800 $54,850
2022 $2,226 $65,650 $10,800 $54,850
2021 $2,265 $67,525 $12,675 $54,850
2020 $3,592 $49,575 $12,675 $36,900
2019 $3,592 $49,575 $12,675 $36,900
2018 $3,592 $49,575 $12,675 $36,900
2017 $2,038 $49,575 $12,675 $36,900
2016 $1,944 $44,475 $0 $0
2014 $1,944 $44,475 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Amanda Lott

    Seller's Agent in 2023

    Amanda Lott

    BHHS McLemore & Co., Realty

    (901) 461-9246

    15 in this area

    360 Total Sales

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  • Carol Lott

    Seller Co-Listing Agent in 2023

    Carol Lott

    BHHS McLemore & Co., Realty

    (901) 461-4869

    15 in this area

    352 Total Sales

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  • Gay Young

    Buyer's Agent in 2023

    Gay Young

    eXp Realty, LLC

    (901) 581-6118

    14 in this area

    226 Total Sales

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  • Joshua Hisaw

    Seller's Agent in 2014

    Joshua Hisaw

    Keller Williams

    (901) 459-3423

    9 in this area

    272 Total Sales

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  • Michael Mosteller

    Seller Co-Listing Agent in 2014

    Michael Mosteller

    RE/MAX

    (901) 870-3692

    2 in this area

    78 Total Sales

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  • C

    Buyer's Agent in 2014

    Cal Millner

    Adaro Realty, Inc.

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10155912

Memphis Area Association of REALTORS®

APN: 06-7070-0-0019

Tennessee Shelby County Memphis 38117 Colonial Acres

5325 Colony Ln, Memphis, TN

This home is located at 5325 Colony Ln, Memphis, TN 38119 since 05 September 2023 and is currently estimated at $323,287, approximately $161 per square foot. This property was built in 1962. 5325 Colony Ln is a home located in Shelby County with nearby schools including Sea Isle Elementary School, Colonial Middle, and Overton High.

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