NOT LISTED FOR SALE

5378 Colony Ln Memphis, TN 38119

Colonial Acres Neighborhood

Estimated Value: $381,000 - $517,000

5 Beds
2.5 Baths
3,400-3,599 Sq Ft
$128/Sq Ft Est. Value

Last Sold August 02, 2021

Last sale price $445,000 $124 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,937/month

20 Days on Market

Highlights

  • In Ground Pool
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Updated Kitchen
  • Wood Flooring
  • Attic

About This Home

As of August 2021

5 bedroom/2.1 bath home w/hardwood floors, open kitchen w/gas stove, den w/fireplace (has gas logs but can be wood burning) 27x15 sun room over looking stunning fiberglass pool, laundry/mud room/ w/built-ins, ceiling fans, walk-in attic, work shop + tons of storage in this lovely home all on a cove lot. Near Sea Isle Park, many schools, shopping and dining. Quick access to 385. All window draperies/rods will be removed, brackets stay. Upper closet doors are in the attic. Showings begin 6/24

Last Agent to Sell the Property

Jackie Kuykendall

John Green & Co., REALTORS License #261724 Listed on: 06/21/2021

Last Buyer's Agent

Cheryl Lamghari

Crye-Leike, Inc., REALTORS License #236832

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,837

Year Built

  • Built in 1961

Lot Details

  • 0.25 Acre Lot
  • Wood Fence
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 3,400-3,599 Sq Ft Home
  • 3,400 Sq Ft Home
  • 1.5-Story Property
  • Wet Bar
  • Smooth Ceilings
  • Ceiling Fan
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Window Treatments
  • Aluminum Window Frames
  • Mud Room
  • Entrance Foyer
  • Separate Formal Living Room
  • Dining Room
  • Den with Fireplace
  • Sun or Florida Room
  • Storage Room
  • Laundry Room
  • Keeping Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Oven or Range
  • Gas Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Remodeled Bathroom

Attic

  • Attic Fan
  • Pull Down Stairs to Attic

Home Security

  • Burglar Security System
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Carport
  • Workshop in Garage
  • Driveway

Pool

  • In Ground Pool
  • Pool Equipment or Cover

Outdoor Features

  • Cove
  • Patio
  • Separate Outdoor Workshop
  • Outdoor Storage
  • Porch

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 06707000024

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,837

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Park Avenue
  • MLS Map #: 759D
  • MAAR Subdivision Name: Yorkshire
  • List Price Per Sq Ft: 125
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 130.88
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3400
  • Year Built: 1961
  • 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, 2nd Bedroom, 1/2 Bath, 1 Bath, Laundry Room, Keeping/Hearth Room, Sun 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, Full Bath Down
  • Estimated Heated Sq Ft Range: 3400-3599
  • Bedroom 2 Description: Level 1, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 2, Smooth Ceiling, Hardwood Floor
  • Bedroom 4 Description: Level 2, Smooth Ceiling, Hardwood Floor
  • Bedroom 5 Description: Level 2, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 5
  • Bedrooms Down: 2
  • Fireplace: Masonry, In Den/Great Room, Gas Logs
  • Floors/Ceilings: Part Hardwood, Tile, Concrete Floor, Smooth Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Gas Cooking, Disposal, Dishwasher, Refrigerator
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Updated/Renovated Kitchen, Eat-In Kitchen
  • Misc Interior: Excl Some Window Treatmnt, Wet Bar, Pull Down Attic Stairs, Walk-In Attic, Mud Room, Cat/Dog Free House
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Sun Room, Entry Hall, Attic, Storage Room
  • Total Bathrooms: 2.1
  • Primary Bathroom Description: Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Pool Cleaning Equipment, Porch, Patio, Wood Fence, Storage, Sidewalks, Workshop
  • Exterior Windows: Brick Veneer, Aluminum/Steel Siding
  • Foundation: Slab
  • Pool Description: In Ground
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking Display: C2A
  • Parking Storage: Driveway/Pad, Storage Room(s), Workshop(s)

Utilities

  • Cooling: Central, Attic Fan, Ceiling Fan(s)
  • Heating: Central, Gas
  • Security: Burglar Alarm, Smoke Detector(s)
  • Water Sewer: Gas Water Heater

Lot Info

  • Lot Description: Some Trees, Cove, Wood Fenced
  • Lot Number: 9
  • Acreage: 0.25
  • Keeping Hearth Dimension: 13x11
  • Lot Size: 11054
  • Price Per Acre: 1700000

Multi Family

  • Number Of Rooms: 10

Tax Info

  • Assessor Parcel Number: 06707000024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2021
Closed on
Aug 2, 2021
Sold by
Fox David William and Fox Mary Joan
Bought by
Welch Nicholas Charles and Welch Amanda Chisholm
Seller's Agent
Jackie Kuykendall
John Green & Co., REALTORS
Buyer's Agent
Cheryl Lamghari
Crye-Leike, Inc., REALTORS
List Price
$425,000
Sold Price
$445,000
Premium/Discount to List
$20,000
4.71%
Current Estimated Value
$493,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,300
Avg. Annual Appreciation
2.63%
Original Mortgage
$395,000
Outstanding Balance
$362,263
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$131,903

Purchase Details

Listed on
Jun 21, 2021
Closed on
Jun 15, 2021
Sold by
Fox Matthew David and Fox Lind Meredith
Bought by
Fox David W and Fox Joan M
Seller's Agent
Jackie Kuykendall
John Green & Co., REALTORS
Buyer's Agent
Cheryl Lamghari
Crye-Leike, Inc., REALTORS
List Price
$425,000
Sold Price
$445,000
Premium/Discount to List
$20,000
4.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Outstanding Balance
$362,263
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$131,903

Purchase Details

Closed on
Mar 23, 2016
Sold by
Fox David W and Joan Fox M
Bought by
Fox David W and Joan Lind M
Source: Public Records

Range of Values:

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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
Welch Nicholas Charles $445,000 Closetrak Llc
Fox David W -- None Available
Fox David W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welch Nicholas Charles $395,000
Previous Owner Fox David W $75,000
Previous Owner Fox David W $165,000
Previous Owner Fox David W $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2021 08/02/21 Sold $445,000 +4.7% $131 / Sq Ft
07/15/2021 07/15/21 Pending -- -- --
06/25/2021 06/25/21 For Sale $425,000 -4.5% $125 / Sq Ft
06/21/2021 06/21/21 Off Market $445,000 -- --
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 $2,837 $118,000 $17,700 $100,300
2024 $2,837 $83,700 $12,675 $71,025
2023 $5,099 $83,700 $12,675 $71,025
2022 $5,099 $83,700 $12,675 $71,025
2021 $6,060 $83,700 $12,675 $71,025
2020 $3,971 $63,700 $12,675 $51,025
2019 $2,036 $63,700 $12,675 $51,025
2018 $2,036 $63,700 $12,675 $51,025
2017 $2,084 $63,700 $12,675 $51,025
2016 $2,540 $58,125 $0 $0
2014 $2,540 $58,125 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jackie Kuykendall

    John Green & Co., REALTORS

    Section Image
  • Cheryl Lamghari

    Buyer's Agent in 2021

    Cheryl Lamghari

    Crye-Leike

    (901) 340-7560

    4 in this area

    100 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10102252

Memphis Area Association of REALTORS®

APN: 06-7070-0-0024

Tennessee Shelby County Memphis 38119 Colonial Acres

5378 Colony Ln, Memphis, TN

This home is located at 5378 Colony Ln, Memphis, TN 38119 since 21 June 2021 and is currently estimated at $461,772, approximately $128 per square foot. This property was built in 1961. 5378 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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