NOT LISTED FOR SALE

Memphis, TN 38117

Colonial Acres Neighborhood

Estimated Value: $187,000 - $205,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$122/Sq Ft Est. Value

Last Sold August 15, 2017

Last sale price $25,000 $16 Per Sq Ft

Est. 679% increase in value since last sale

Current estimated payment $1,139/month

Highlights

  • Colonial Architecture
  • Porch
  • Level Lot
  • Separate Formal Living Room
  • 1 Car Attached Garage
  • Wall to Wall Carpet

About This Home

As of August 2017

3 BR 2 BA HOME IN A NICE NEIGHBORHOOD. HOME IS IN NEED OF MAJOR REPAIRS.

Last Agent to Sell the Property

George Johnson

Adaro Realty, Inc. License #261267 Listed on: 04/08/2017

Last Buyer's Agent

George Johnson

Adaro Realty, Inc. License #261267 Listed on: 04/08/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,272

Year Built

  • Built in 1952

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 60x140
  • Level Lot
  • Few Trees

Home Design

  • Colonial Architecture
  • Property Attached

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,539 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • All Upper Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Carport
  • Driveway

Outdoor Features

  • Porch

Community Details

  • Colonial Acres 2Nd Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 066023 00013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,272

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Colonial
  • Detached Unit Type: General Residential
  • MLS Map #: 759E
  • MAAR Subdivision Name: COLONIAL ACRES
  • List Price Per Sq Ft: 16
  • Number Of Stories: 1
  • Price Per Sq Ft: 16.24
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1539
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Up, Primary Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Wall to Wall Carpet
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1A
  • Parking Storage: Driveway/Pad

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 133
  • Acreage: 0.19
  • Lot Size: 60X140
  • Price Per Acre: 131579

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 066023 00013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2018
Sold by
Brighpoint Home Servicees Inc
Bought by
Thomas Alberta
Current Estimated Value
$194,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,727
Outstanding Balance
$104,498
Interest Rate
5.75%
Mortgage Type
FHA
Estimated Equity
$90,338

Purchase Details

Listed on
Apr 8, 2017
Closed on
Aug 15, 2017
Sold by
Brown Derrick and Brown Carla
Bought by
Brightpoint Home Services Inc
Seller's Agent
George Johnson
Adaro Realty, Inc.
Buyer's Agent
George Johnson
Adaro Realty, Inc.
List Price
$25,000
Sold Price
$25,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.53%
Original Mortgage
$25,000
Interest Rate
12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 2004
Sold by
Fabian Matthew J and Fabian Lori P
Bought by
Brown Derrick and Brown Carla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,665
Interest Rate
5.85%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Thomas Alberta $119,900 None Available
Brightpoint Home Services Inc $25,000 None Available
Brown Derrick $79,900 West Tn Title Ins Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Alberta $117,727
Previous Owner Brightpoint Home Services Inc $25,000
Previous Owner Brown Derrick $78,665
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2017 08/15/17 Sold $25,000 0.0% $18 / Sq Ft
04/12/2017 04/12/17 Pending -- -- --
04/08/2017 04/08/17 For Sale $25,000 -- $18 / 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 $1,272 $48,375 $8,000 $40,375
2024 $1,272 $37,525 $4,425 $33,100
2023 $2,286 $37,525 $4,425 $33,100
2022 $2,286 $37,525 $4,425 $33,100
2021 $1,295 $37,525 $4,425 $33,100
2020 $1,647 $22,725 $4,425 $18,300
2019 $1,645 $22,725 $4,425 $18,300
2018 $574 $17,950 $4,425 $13,525
2017 $587 $17,950 $4,425 $13,525
2016 $737 $16,875 $0 $0
2014 $737 $16,875 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2017

    George Johnson

    Adaro Realty, Inc.

See All Agents

Source: Memphis Area Association of REALTORS®

MLS Number: 9999668

Memphis Area Association of REALTORS®

APN: 06-6023-0-0013

Tennessee Shelby County Memphis 38117

Colonial Acres

This home since 08 April 2017 and is currently estimated at $194,836, approximately $121 per square foot. This property was built in 1952. This home is a home located in Shelby County with nearby schools including Willow Oaks Elementary School, Colonial Middle, and Overton High.

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