See Home Value
$253,114*
House - Off Market

1041 MARCIA

Memphis, TN 38117
bedrooms
3 Beds
bathrooms
2 Baths
$202,000 - $246,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model
Sold Jun 16, 2020
$218,000
$180,940 by Patriot Bank
Mortgage Due Jul 01, 2050
Sold Oct 01, 2015
$105,000
$181,649 by Trustmark National Bank
Mortgage Due Oct 01, 2045

About This Property

You can not get better than this East Memphis beauty! Upgrades galore & TONS of detail around every corner! Easy flowing floor plan that includes 3 bedrooms with gleaming wood floors, a dazzling open kitchen, formal dining room, living room w/built-in's, great room w/generous space, updated bathrooms, granite counter tops, & so much MORE!! You are going to fall in love with the backyard which is fully fenced, shady, & has a cozy deck for all your entertaining! This GEM is waiting on YOU!!
Unit Size
-
Days on Market
-
Land Size
0.28 acres
Price per sqft
-
Property Type
House
Property Taxes
$3,256
HOA Dues
-
Year Built
1952

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Jun 16, 2020 Sold to Margaret A Fraser $218,000
Sold to Margaret A Fraser
May 13, 2020 In contract -
In contract
May 3, 2020 Relisted $224,900
Relisted
Apr 25, 2020 In contract -
In contract
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Combination
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,600
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 900
  • Total Building Area: 1,772
  • Gross Building Area: 1,772
  • Building Area: 1,772
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,772
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COLONIAL ACRES
  • Land Acres: 0.289
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : FRASER MARGARET A
  • Previous Owner : LANE MATTHEW ROBERT
  • Previous Owner 2: FRASER MELLSSA A
  • Owner Before Previous Owner: OELKE STEVEN L
  • Owner Before Previous Owner 2: OELKE KATHERINE C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 009300

Zoning

  • Zoning: R-10

Geography

  • District: O
  • Parcel: 06-5016-0-0009
  • Lot: 103
  • Municipality: MEMPHIS
  • Latitude: 35.1033
  • Longitude: -89.9047

    Address

  • Full Address: 1041 Marcia Rd
  • Address - House Number: 1041
  • Address - Street Name: Marcia
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Memphis
  • Carrier Code: C005
  • 4-Digit Zip Code: 5513
  • Zip Code: 38117

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,350

    Appraisal Valuation

  • Standard Deviation: 0.2431
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 65
  • Final Value: 292,308
  • High Value: 363,379
  • Low Value: 221,238

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $180,940
  • First Open Lien Mortgage Lender: PATRIOT BANK
  • First Open Lien Mortgage Recording Date: Jun 16, 2020
  • First Open Lien Mortgage Loan Amount: $180,940
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2050

    Market Valuation

  • Market Total Value: $220,000
  • Market Land Value: $36,200
  • Market Improvement Value: $183,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $55,000
  • Assessed Land Value: $9,050
  • Assessed Improvements Value: $45,950

    Sales

  • Current Sale Contract Date: Jun 12, 2020
  • Current Sale Recording Date: Jun 16, 2020
  • Current Sale Transaction ID: 11767403475
  • Current Sale Price: $218,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20061365
  • Previous Sale Recording Date: Oct 01, 2015
  • Previous Sale Contract Date: Sep 30, 2015
  • Previous Sale Amount: $105,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PATRIOT BANK
  • First Mortgage Transaction Date: Jun 16, 2020
  • First Mortgage Loan Amount: $180,940
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: TRUSTMARK NATIONAL BANK
  • Previous Mortgage Transaction Date: Oct 01, 2015
  • Previous Mortgage Loan Amount: $181,649
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Oct 01, 2045



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
1 Bath
-
$235,000 Nov 17, 2022
-
$167/mo
House
3 Beds
1 Bath
-
$205,000 Aug 4, 2022
-
$134/mo
House
3 Beds
2 Baths
-
$239,900 Sep 17, 2022
-
$265/mo
House
3 Beds
1 Bath
-
$189,900 Oct 10, 2022
-
$192/mo
House
3 Beds
1 Bath
-
$205,000 Dec 16, 2022
-
-
House
3 Beds
1 Bath
-
$181,000 Nov 10, 2022
-
-
House
2 Beds
2 Baths
-
$210,000 Sep 16, 2022
-
$175/mo
House
2 Beds
1 Bath
-
$206,000 Nov 9, 2022
-
$201/mo
House
2 Beds
1 Bath
-
$232,900 Nov 15, 2022
-
-
House
2 Beds
1.5 Baths
-
$245,000 Dec 21, 2022
-
-

About Colonial Acres


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Nearby Rentals

Unit for rent at

$1,350 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
Listing by Manager
Unit for rent at

$1,355 /mo

  • 3 Beds
  • 1.5 Baths
  • 1,350 ft²
Listing by Manager


Frequently Asked Questions

When was property at 1041 Marcia Road built and last sold?
The property at 1041 Marcia Road was built in 1952 and last sold on Jun 12, 2020 for $218,000.
How much is this home worth?
The estimated value of the home located at 1041 Marcia Road is $227,149.
What are some comparable homes to 1041 Marcia Road?
There are currently no comparable homes to 1041 Marcia Road.

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