NOT LISTED FOR SALE

968 Colgate Rd Memphis, TN 38106

South Memphis Neighborhood

Estimated Value: $72,000 - $162,000

2 Beds
2 Baths
1,600-1,799 Sq Ft
$58/Sq Ft Est. Value

Last Sold January 25, 2019

Last sale price $32,000 $18 Per Sq Ft

Est. 226% increase in value since last sale

Current estimated payment $609/month

62 Days on Market

Highlights

  • 0.45 Acre Lot
  • Wood Flooring
  • Screened Porch
  • Traditional Architecture
  • Bonus Room
  • Eat-In Kitchen

About This Home

As of January 2019

This Prospect Park property has tons of space and sits on almost half an acre. Extra large master can be easily converted back into two separate bedrooms. Large den with nice hardwoods and a gas fireplace. Eat in kitchen and a screened front porch add to its charm. Low maintenance brick and vinyl exterior. This is an as-is, where is sale. Easy to show, call listing agent for details.

Last Agent to Sell the Property

Greg Glosson

Fast Track Realty, LLC License #262724 Listed on: 10/17/2018

Co-Listed By

Elizabeth Glosson

Fast Track Realty, LLC License #282986

Last Buyer's Agent

Lisa Chairs

BEST Real Estate Company License #333996

BEST Real Estate Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $470

Year Built

  • Built in 1953

Lot Details

  • 0.45 Acre Lot
  • Level Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,721 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Bonus Room
  • Screened Porch
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Wood
  • Partially Carpeted
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cable TV Available

Community Details

  • Prospect Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 060027 00013

Home Details

Home Type

Single Family

Est. Annual Taxes

$470

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 747F
  • MAAR Subdivision Name: PROSPECT PARK
  • List Price Per Sq Ft: 15
  • Number Of Stories: 1
  • Price Per Sq Ft: 18.59
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1721
  • Year Built: 1953
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1 1/2 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down, Primary Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 1
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Fireplace: In Living Room, Gas Starter, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Vinyl Floor
  • Full Bathrooms: 2
  • Equipment: Dishwasher, Cable Available
  • Living Dining Kitchen: Separate Living Room, Eat-In Kitchen, Washer/Dryer Connections
  • Number Of Fireplaces: 1
  • Other Rooms: Bonus Room
  • Total Bathrooms: 2
  • Primary Bathroom Description: Carpet
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Screen Porch
  • Exterior Windows: Brick Veneer, Vinyl Siding
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 67
  • Acreage: 0.45
  • Price Per Acre: 55556

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 060027 00013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2018
Closed on
Jan 3, 2019
Sold by
Dew Day Financial Llc
Bought by
Pratt Kerry L
Seller's Agent
Greg Glosson
Fast Track Realty, LLC
Buyer's Agent
Lisa Chairs
BEST Real Estate Company
List Price
$25,000
Sold Price
$32,000
Premium/Discount to List
$7,000
28%
Current Estimated Value
$104,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,462
Avg. Annual Appreciation
19.67%

Purchase Details

Closed on
Apr 27, 2018
Sold by
New Day Financial Llc
Bought by
United States Of America

Purchase Details

Closed on
Mar 2, 2018
Sold by
New Day Financial Llc
Bought by
The Secretary Of Veterans Affairs

Purchase Details

Closed on
Feb 20, 2018
Sold by
Parneli Gerald G
Bought by
Old Republice Title Insurance Company
Source: Public Records

Range of Values:

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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
Pratt Kerry L $32,000 None Available
United States Of America -- None Available
The Secretary Of Veterans Affairs -- None Available
Old Republice Title Insurance Company $42,865 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pratt Kerry L $67,520
Closed Pratt Kerry L $28,350
Previous Owner Parnell Gerald G $57,756
Previous Owner Parnell Gerald G $11,470
Previous Owner Parnell Gerald G $105,450
Previous Owner Parnell Gerald G $80,000
Previous Owner Parnell Gerald G $82,000
Previous Owner Parnell Gerald G $17,485
Previous Owner Parnell Gerald G $65,000
Previous Owner Parnell Gerald G $5,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2019 01/25/19 Sold $32,000 +28.0% $20 / Sq Ft
12/18/2018 12/18/18 Pending -- -- --
10/17/2018 10/17/18 For Sale $25,000 -- $16 / 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 $470 $24,625 $2,000 $22,625
2024 $470 $13,850 $1,625 $12,225
2023 $844 $13,850 $1,625 $12,225
2022 $844 $13,850 $1,625 $12,225
2021 $1,003 $13,850 $1,625 $12,225
2020 $962 $13,275 $1,625 $11,650
2019 $424 $13,275 $1,625 $11,650
2018 $424 $13,275 $1,625 $11,650
2017 $434 $13,275 $1,625 $11,650
2016 $576 $13,175 $0 $0
2014 $576 $13,175 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Greg Glosson

    Seller's Agent in 2019

    Greg Glosson

    Fast Track Realty, LLC

    (901) 550-3633

    12 Total Sales

    Greg Glosson
    Section Image
  • Elizabeth Glosson

    Seller Co-Listing Agent in 2019

    Elizabeth Glosson

    Fast Track Realty, LLC

    (901) 336-8103

    3 in this area

    127 Total Sales

    Elizabeth Glosson
    Section Image

  • L

    Buyer's Agent in 2019

    Lisa Chairs

    BEST Real Estate Company

    (901) 603-5218

    6 Total Sales

    Lisa Chairs
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10038880

Memphis Area Association of REALTORS®

APN: 06-0027-0-0013

Tennessee Shelby County Memphis 38106 South Memphis

968 Colgate Rd, Memphis, TN

This home is located at 968 Colgate Rd, Memphis, TN 38106 since 17 October 2018 and is currently estimated at $104,462, approximately $58 per square foot. This property was built in 1953. 968 Colgate Rd is a home located in Shelby County with nearby schools including Riverview Middle School, A. B. Hill Elementary School, and Hamilton High School.

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