NOT LISTED FOR SALE

778 Colonial Rd Memphis, TN 38117

East Memphis Neighborhood

Estimated Value: $224,000 - $286,000

3 Beds
2 Baths
1,800-1,999 Sq Ft
$125/Sq Ft Est. Value

Sale Details

Date Sold: August 27, 2020

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

Est. 15% increase in value since last sale

Current estimated payment $1,473 / mo

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2023
Sold by
Bought by
Current Estimated Value
$249,822

Purchase Details

Listed on
May 19, 2020
Closed on
Aug 31, 2020
Sold by
Bought by
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
2.37%
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
Bought by
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
Bought by

Purchase Details

Closed on
Nov 11, 2014
Sold by
Bought by

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
Bought by

Purchase Details

Closed on
Feb 13, 2006
Sold by
Bought by

Purchase Details

Closed on
Dec 14, 2005
Sold by
Bought by

Purchase Details

Closed on
Jun 28, 2002
Sold by
Bought by

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
Bought by

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
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$218,000 None Available
$124,500 None Available
$2,400,000 None Available
-- None Available
-- Build Us Bank Title Llc
-- None Available
$85,000 None Available
$87,380 --
$98,000 Transcontinental Title Compa
$75,000 --
$75,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $218,000
Previous Owner $25,097,987
Previous Owner $78,400
Previous Owner $74,961
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,589 $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

    48 in this area

    1,113 Total Sales

    Tyler Tapley
    Section Image

  • M

    Buyer's Agent in 2020

    Mig Williams

    eXp Realty, LLC

    (901) 239-3149

    3 in this area

    32 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

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