940 Ivy Rd Memphis, TN 38117
Colonial Acres Neighborhood
3
Beds
1
Bath
1,000-1,199
Sq Ft
7,841
Sq Ft Lot
Highlights
- Traditional Architecture
- Separate Formal Living Room
- Storage Room
- Wood Flooring
- Porch
- 3-minute walk to Marquette Park
About This Home
As of April 2024This home is in excellent condition and move in ready. It has beautiful high quality parquet floors throughout with the exception of the kitchen and bathroom which have their original tile. The living room boasts plantation shutters with very nice wood blinds in the bedrooms. The HVAC system is brand new and the home has new paint, new disposal, new bathroom vanity and added insulation. You won't find one with more charm and all these added bonuses! It's a must see, make your appointment today!
Last Agent to Sell the Property
Crye-Leike, Inc., REALTORS License #328479 Listed on: 02/06/2016
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,440
Year Built
- Built in 1954
Lot Details
- 7,841 Sq Ft Lot
- Wood Fence
- Chain Link Fence
- Few Trees
Home Design
- Traditional Architecture
Interior Spaces
- 1,000-1,199 Sq Ft Home
- 1,075 Sq Ft Home
- 1-Story Property
- Smooth Ceilings
- Separate Formal Living Room
- Dining Room
- Storage Room
- Washer and Dryer Hookup
- Iron Doors
Flooring
- Wood
- Parquet
- Tile
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 1 Full Bathroom
Parking
- 1 Parking Space
- Driveway
Additional Features
- Porch
- Central Heating and Cooling System
Community Details
- Glen Park A & B & C Subdivision
Listing and Financial Details
- Assessor Parcel Number 065051 00007
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 1, 2024
Closed on
Apr 25, 2024
Sold by
Crone Justin Michael and Crone Margaret Mattis
Bought by
Rojas Mason
Seller's Agent
Felix Bishop
Crye-Leike, Inc., REALTORS
Buyer's Agent
Melinda & Eddie Crosslin
Crye-Leike, Inc., REALTORS
List Price
$219,000
Sold Price
$208,000
Premium/Discount to List
-$11,000
-5.02%
Views
50
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,011
Avg. Annual Appreciation
-0.66%
Original Mortgage
$204,232
Outstanding Balance
$201,921
Interest Rate
6.87%
Mortgage Type
FHA
Estimated Equity
$4,393
Purchase Details
Closed on
Feb 11, 2020
Sold by
Crone John C and Crone Justin Michael
Bought by
Crone Justin Michael and Crone Margaret Mattis
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,900
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 6, 2016
Closed on
May 12, 2016
Sold by
Bonner Theresa M Palazola
Bought by
Crone John C and Crone Justin Michael
Seller's Agent
Leslie Zarshenas
Crye-Leike, Inc., REALTORS
Buyer's Agent
Felix Bishop
Crye-Leike, Inc., REALTORS
List Price
$121,500
Sold Price
$113,000
Premium/Discount to List
-$8,500
-7%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.78%
Original Mortgage
$96,050
Interest Rate
3.71%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 8, 2009
Sold by
Steib J Terry
Bought by
Palazola Theresa M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
5.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 31, 2002
Sold by
Palasz Robert J
Bought by
Steib J Terry and Roman Catholic Diocese Of Memphis
Similar Homes in Memphis, TN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $208,000 | Southern Trust Title | |
| Interfamily Deed Transfer | -- | Servicelink Llc | |
| Warranty Deed | $113,000 | Realty Title | |
| Warranty Deed | $105,000 | Stewart Title Of Memphis Inc | |
| Warranty Deed | $85,200 | Realty Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $204,232 | FHA | |
| Previous Owner | $97,900 | New Conventional | |
| Previous Owner | $96,050 | New Conventional | |
| Previous Owner | $94,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/25/2024 04/25/24 | Sold | $208,000 | -5.0% | $208 / Sq Ft |
| 03/20/2024 03/20/24 | Pending | -- | -- | -- |
| 03/01/2024 03/01/24 | For Sale | $219,000 | +93.8% | $219 / Sq Ft |
| 05/11/2016 05/11/16 | Sold | $113,000 | -7.0% | $113 / Sq Ft |
| 04/05/2016 04/05/16 | Pending | -- | -- | -- |
| 02/06/2016 02/06/16 | For Sale | $121,500 | -- | $122 / Sq Ft |
Source: Memphis Area Association of REALTORS®
Tax History Compared to Growth
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 | $1,440 | $49,200 | $10,125 | $39,075 |
| 2024 | $1,440 | $42,475 | $8,150 | $34,325 |
| 2023 | $2,587 | $42,475 | $8,150 | $34,325 |
| 2022 | $2,587 | $42,475 | $8,150 | $34,325 |
| 2021 | $2,618 | $42,475 | $8,150 | $34,325 |
| 2020 | $2,031 | $28,025 | $8,150 | $19,875 |
| 2019 | $896 | $28,025 | $8,150 | $19,875 |
| 2018 | $896 | $28,025 | $8,150 | $19,875 |
| 2017 | $917 | $28,025 | $8,150 | $19,875 |
| 2016 | $1,273 | $29,125 | $0 | $0 |
| 2014 | $1,273 | $29,125 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Felix Bishop
Seller's Agent in 2024
Felix Bishop
Crye-Leike, Inc., REALTORS
(901) 486-6082
11 in this area
85 Total Sales
-
Melinda & Eddie Crosslin
Buyer's Agent in 2024
Melinda & Eddie Crosslin
Crye-Leike
(901) 553-3247
3 in this area
204 Total Sales
-
Leslie Zarshenas
Seller's Agent in 2016
Leslie Zarshenas
Crye-Leike
(901) 230-9484
4 in this area
85 Total Sales
Map
Source: Memphis Area Association of REALTORS®
MLS Number: 9970017
APN: 06-5051-0-0007
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