NOT LISTED FOR SALE

5340 Colony Ln Memphis, TN 38119

Colonial Acres Neighborhood

Estimated Value: $372,000 - $392,000

4 Beds
2.5 Baths
2,200-2,399 Sq Ft
$158/Sq Ft Est. Value

Last Sold November 30, 2017

Last sale price $247,500 $103 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,193/month

Highlights

  • Updated Kitchen
  • Living Room with Fireplace
  • Wood Flooring
  • Landscaped Professionally
  • Traditional Architecture
  • Main Floor Primary Bedroom

About This Home

As of November 2017

Gorgeous renovated home in a terrific location! This house features a beautiful kitchen w/ stainless steel appliances & butcher block counters; A knockout master suite w/ huge walk-in shower; Gleaming hardwood flooring; Recalimed barn-wood vanity in upstairs bath; Large 2 car carport w/ storage; Fresh interior and exterior paint; Stunning new lighting throughout; New privacy fence; Concrete patio; & so much more! You have to see to believe!

Last Agent to Sell the Property

Brian Green

Myers Cobb Realtors, LLC License #320607 Listed on: 08/06/2017

Last Buyer's Agent

NON-MLS NON-BOARD AGENT

NON-MLS OR NON-BOARD OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,454

Year Built

  • Built in 1960

Lot Details

  • 9,583 Sq Ft Lot
  • Wood Fence
  • Landscaped Professionally
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,200-2,399 Sq Ft Home
  • 2,338 Sq Ft Home
  • 1.5-Story Property
  • Smooth Ceilings
  • Fireplace With Glass Doors
  • Fireplace Features Masonry
  • Some Wood Windows
  • Two Story Entrance Foyer
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Den with Fireplace
  • Storage Room
  • Laundry Room
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • Double Vanity

Parking

  • 2 Car Detached Garage
  • Carport
  • Driveway

Outdoor Features

  • Patio

Utilities

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

Community Details

  • Colony Re Subdivision

Listing and Financial Details

  • Assessor Parcel Number 067070 00030

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,454

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Estate
  • MAAR Subdivision Name: YORKSHIRE
  • List Price Per Sq Ft: 109
  • Number Of Stories: 1.5
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2338
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 1 1/2 Bath, Laundry Room
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 4th or More Bedrooms, 1 Bath
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Renovated Bathroom, Luxury Primary Bath, Double Vanity Bath, Half Bath Down
  • Estimated Heated Sq Ft Range: 2200-2399
  • Bedroom 2 Description: Level 2, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 2, Smooth Ceiling, Hardwood Floor
  • Bedroom 4 Description: Level 2, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 4
  • Bedrooms Down: 1
  • Fireplace: Masonry, In Living Room, In Den/Great Room, Glass Doors
  • Floors/Ceilings: Hardwood Throughout, Tile, Two Story Foyer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Updated/Renovated Kitchen, Breakfast Bar
  • Misc Interior: Walk-In Closet(s), Walk-In Attic
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Closet, Attic
  • Primary Bathroom Description: Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Patio, Wood Fence
  • Exterior Windows: Brick Veneer, Wood/Composition, Wood Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking Display: C2D
  • Parking Storage: Driveway/Pad, Storage Room(s)

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Security: Smoke Detector(s)
  • Water Sewer: Gas Water Heater

Lot Info

  • Lot Description: Some Trees, Professionally Landscaped, Wood Fenced
  • Lot Number: 3
  • Acreage: 0.22
  • Lot Size: .22

Tax Info

  • Assessor Parcel Number: 067070 00030

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2017
Closed on
Nov 30, 2017
Sold by
Investor Nation Residential Captial Llc
Bought by
Bateman Bradley Patrick and Bateman Rhonda Carol
Seller's Agent
Brian Green
Myers Cobb Realtors, LLC
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$289,900
Sold Price
$247,500
Premium/Discount to List
-$42,400
-14.63%
Current Estimated Value
$379,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,500
Avg. Annual Appreciation
5.53%
Original Mortgage
$147,500
Outstanding Balance
$103,359
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$275,641

Purchase Details

Listed on
May 4, 2016
Closed on
Mar 7, 2017
Sold by
Investor Nation Llc
Bought by
Investor Residential Capital Llc
Seller's Agent
Elizabeth Glosson
Fast Track Realty, LLC
Buyer's Agent
Brian Green
Myers Cobb Realtors, LLC
List Price
$215,000
Sold Price
$147,500
Premium/Discount to List
-$67,500
-31.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
103.20%

Purchase Details

Listed on
May 4, 2016
Closed on
Mar 3, 2017
Sold by
The Secretary Of H U D
Bought by
Investor Nation Llc
Seller's Agent
Elizabeth Glosson
Fast Track Realty, LLC
Buyer's Agent
Brian Green
Myers Cobb Realtors, LLC
List Price
$215,000
Sold Price
$147,500
Premium/Discount to List
-$67,500
-31.4%

Purchase Details

Closed on
Oct 29, 2015
Sold by
Nationstar Mortgage Llc
Bought by
Secretary Of Hud

Purchase Details

Closed on
Oct 19, 2015
Sold by
Kirkpatrick Allen L and Kirkpatrick Kymberly
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Sep 3, 1998
Sold by
Emery Porter F and Emery Linda W
Bought by
Kirkpatrick Allen and Kirkpatrick Kymberly M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.96%
Mortgage Type
Balloon
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
Bateman Bradley Patrick $947,500 None Available
Investor Residential Capital Llc -- None Available
Investor Nation Llc $147,500 None Available
Secretary Of Hud -- None Available
Nationstar Mortgage Llc $159,939 Attorney
Kirkpatrick Allen $175,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bateman Bradley Patrick $147,500
Previous Owner Kirkpatrick Allen $140,000
Closed Kirkpatrick Allen $17,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2017 11/30/17 Sold $247,500 -14.6% $113 / Sq Ft
11/12/2017 11/12/17 Pending -- -- --
08/06/2017 08/06/17 For Sale $289,900 +96.5% $132 / Sq Ft
03/08/2017 03/08/17 Sold $147,500 -31.4% $67 / Sq Ft View Prior Sale
12/14/2016 12/14/16 Pending -- -- --
05/04/2016 05/04/16 For Sale $215,000 -- $98 / 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 $2,454 $93,150 $17,700 $75,450
2024 $2,454 $72,400 $12,675 $59,725
2023 $4,410 $72,400 $12,675 $59,725
2022 $4,410 $72,400 $12,675 $59,725
2021 $4,462 $72,400 $12,675 $59,725
2020 $3,958 $54,625 $12,675 $41,950
2019 $3,958 $54,625 $12,675 $41,950
2018 $3,958 $54,625 $12,675 $41,950
2017 $2,245 $54,625 $12,675 $41,950
2016 $1,979 $45,275 $0 $0
2014 $1,979 $45,275 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brian Green

    Seller's Agent in 2017

    Brian Green

    Myers Cobb Realtors, LLC

    (901) 921-9993

    1 in this area

    13 Total Sales

    Brian Green
    Section Image
  • Elizabeth Glosson

    Seller's Agent in 2017

    Elizabeth Glosson

    Fast Track Realty, LLC

    (901) 336-8103

    8 in this area

    124 Total Sales

    Elizabeth Glosson
    Section Image
  • Greg Glosson

    Seller Co-Listing Agent in 2017

    Greg Glosson

    Fast Track Realty, LLC

    (901) 550-3633

    3 in this area

    13 Total Sales

    Greg Glosson
    Section Image

  • N

    Buyer's Agent in 2017

    NON-MLS NON-BOARD AGENT

    NON-MLS OR NON-BOARD OFFICE

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10008698

Memphis Area Association of REALTORS®

APN: 06-7070-0-0030

Tennessee Shelby County Memphis 38119 Colonial Acres

5340 Colony Ln, Memphis, TN

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