NOT LISTED FOR SALE

778 Colonial Rd Memphis, TN 38117

East Memphis Neighborhood

Estimated Value: $210,000 - $267,000

3 Beds
2 Baths
1,800-1,999 Sq Ft
$121/Sq Ft Est. Value

Last Sold August 27, 2020

Last sale price $218,000 $109 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,413/month

74 Days on Market

Highlights

  • Updated Kitchen
  • Traditional Architecture
  • Separate Formal Living Room
  • White Station High Rated A
  • Wood Flooring
  • Bonus Room

About This Home

As of August 2020

Three bedroom one bathroom home with large den, dining area & rear great room plus bonus room that could be a craft room or laundry room. Could be transformed to a 4/2 or 4/1.1 with some repairs/additions. Home needs some TLC/repairs but offered at a great price & great location. Home has a big backyard, wood fence, & carport. Seller would prefer to sell as-is but open to reviewing offers. Could be a great fix & flip, primary residence, or investment property. Near Holy Rosary!

Last Agent to Sell the Property

Jay Wood

Sowell, Realtors License #221237 Listed on: 05/19/2020

Last Buyer's Agent

Mig Williams

eXp Realty, LLC License #314069

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 12,197 Sq Ft Lot
  • Lot Dimensions are 80x150
  • Wood Fence
  • Chain Link Fence
  • Few Trees

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Composition Shingle Roof
  • Vinyl Siding
  • Pier And Beam

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,999 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Some Wood Windows
  • Separate Formal Living Room
  • Dining Room
  • Den
  • Bonus Room
  • Storage Room
  • Pull Down Stairs to Attic

Kitchen

  • Updated Kitchen
  • Self-Cleaning Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Remodeled Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors
  • Iron Doors

Parking

  • 2 Parking Spaces
  • Carport

Outdoor Features

  • Patio
  • Outdoor Storage

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Colonial View A, B, C, D, E & F Subdivision

Listing and Financial Details

  • Assessor Parcel Number 065034 00025

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0.28 Acres

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: COLONIAL ACRES
  • List Price Per Sq Ft: 114
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1999
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Split Bedroom Plan, Renovated Bathroom
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedroom 2 Description: Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Smooth Ceiling, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Hardwood Throughout, Tile, Smooth Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Self Cleaning Oven, Disposal, Dishwasher, Refrigerator, Washer, Dryer
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Updated/Renovated Kitchen, Pantry
  • Misc Interior: Pull Down Attic Stairs
  • Other Rooms: Laundry Closet, Bonus Room, Storage Room
  • Primary Bathroom Description: Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Full Bath, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Storage Building, Patio
  • Exterior Windows: Brick Veneer, Wood/Composition, Vinyl Siding, Wood Window(s), Storm Window(s), Storm Door(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking Display: C2
  • Parking Storage: Storage Room(s)

Utilities

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

Lot Info

  • Lot Description: Some Trees, Wood Fenced, Chain Fenced
  • Lot Number: 1
  • Acreage: 0.28
  • Lot Size: 80x150

Tax Info

  • Assessor Parcel Number: 065034 00025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2023
Sold by
Davis David R and Davis Judy
Bought by
Abernathy Ashley Davis
Current Estimated Value
$241,809

Purchase Details

Listed on
May 19, 2020
Closed on
Aug 31, 2020
Sold by
Scottsquared Llc
Bought by
Davis David R and Davis Judy
Seller's Agent
Jay Wood
Sowell, Realtors
Buyer's Agent
Mig Williams
eXp Realty, LLC
List Price
$228,000
Sold Price
$218,000
Premium/Discount to List
-$10,000
-4.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.87%
Original Mortgage
$218,000
Interest Rate
2.9%
Mortgage Type
VA

Purchase Details

Listed on
Jan 10, 2020
Closed on
Jan 2, 2020
Sold by
Memphis Thirty Six Llc
Bought by
Scottsquared Llc
List Price
$140,000
Sold Price
$124,500
Premium/Discount to List
-$15,500
-11.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
143.32%

Purchase Details

Closed on
Jul 9, 2019
Sold by
Tif Fk B Iii Llc
Bought by
Memphis Thirty Six Llc

Purchase Details

Closed on
Nov 11, 2014
Sold by
Transcendent Investments Fund I Resident
Bought by
Tif Fk B Hfs Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,097,987
Interest Rate
4.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 4, 2010
Sold by
Boone Jeffrey M and Boone Richard B
Bought by
Fairway Capital Partners Llc

Purchase Details

Closed on
Feb 13, 2006
Sold by
National Capital Properties Inc
Bought by
Boone Jeffrey M and Boone Richard B

Purchase Details

Closed on
Dec 14, 2005
Sold by
Pate Melissa
Bought by
National Capital Properties Inc

Purchase Details

Closed on
Jun 28, 2002
Sold by
Sansone Toni N
Bought by
Pate Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,400
Interest Rate
6.53%

Purchase Details

Closed on
Jun 18, 1999
Sold by
Mcghee Barton L and Mcghee Virginia M
Bought by
Sansone Toni N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,961
Interest Rate
7.66%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Abernathy Ashley Davis -- None Listed On Document
Davis David R $218,000 None Available
Scottsquared Llc $124,500 None Available
Memphis Thirty Six Llc $2,400,000 None Available
Tif Fk B Iii Llc -- None Available
Tif Fk B Hfs Llc -- Build Us Bank Title Llc
Fairway Capital Partners Llc -- None Available
Boone Jeffrey M $85,000 None Available
National Capital Properties Inc $87,380 --
Pate Melissa $98,000 Transcontinental Title Compa
Sansone Toni N $75,000 --
Sansone Toni N $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davis David R $218,000
Previous Owner Tif Fk B Hfs Llc $25,097,987
Previous Owner Pate Melissa $78,400
Previous Owner Sansone Toni N $74,961
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/14/2026 01/14/26 For Sale $140,000 -35.8% $89 / Sq Ft
08/27/2020 08/27/20 Sold $218,000 -4.4% $121 / Sq Ft
08/01/2020 08/01/20 Pending -- -- --
07/16/2020 07/16/20 For Sale $228,000 +4.6% $127 / Sq Ft
07/13/2020 07/13/20 Off Market $218,000 -- --
06/09/2020 06/09/20 Price Changed $228,000 -4.6% $127 / Sq Ft
05/19/2020 05/19/20 For Sale $239,000 +92.0% $133 / Sq Ft
01/10/2020 01/10/20 Sold $124,500 0.0% $79 / Sq Ft View Prior Sale
01/10/2020 01/10/20 Sold $124,500 -2.0% $89 / Sq Ft View Prior Sale
01/10/2020 01/10/20 Pending -- -- --
12/26/2019 12/26/19 Pending -- -- --
12/16/2019 12/16/19 For Sale $127,000 0.0% $91 / Sq Ft
12/13/2019 12/13/19 Pending -- -- --
12/02/2019 12/02/19 Price Changed $127,000 -2.3% $91 / Sq Ft
11/20/2019 11/20/19 Price Changed $130,000 -7.1% $93 / Sq Ft
11/12/2019 11/12/19 For Sale $140,000 -- $100 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $1,687 $59,075 $11,250 $47,825
2024 $1,687 $49,750 $6,650 $43,100
2023 $3,031 $49,750 $6,650 $43,100
2022 $3,031 $49,750 $6,650 $43,100
2021 $1,716 $49,750 $6,650 $43,100
2020 $2,257 $31,150 $6,650 $24,500
2019 $996 $31,150 $6,650 $24,500
2018 $996 $31,150 $6,650 $24,500
2017 $1,019 $31,150 $6,650 $24,500
2016 $1,267 $29,000 $0 $0
2014 $1,267 $29,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jay Wood

    Sowell, Realtors

    Section Image
  • Tyler Tapley

    Seller's Agent in 2020

    Tyler Tapley

    Crye-Leike, Inc., REALTORS

    (901) 871-1290

    47 in this area

    1,141 Total Sales

    Tyler Tapley
    Section Image

  • M

    Buyer's Agent in 2020

    Mig Williams

    eXp Realty, LLC

    (901) 239-3149

    4 in this area

    37 Total Sales

    Mig Williams
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10076852

Memphis Area Association of REALTORS®

APN: 06-5034-0-0025

Tennessee Shelby County Memphis 38117 East Memphis

778 Colonial Rd, Memphis, TN

Not Listed for Sale

Detached

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