Great investment opportunity! This CASHFLOW property will be fully renovated and brought to 2019 standards! Target rent = $1250 and professional property management is in place! This brick home features Hard surface floors, updated kitchen and bathrooms, newer working HVAC, and much more!
Memphis Area Association of Realtors(R) MLS #10045243
Apr 12, 2019
Sold
$135,000
$96/sq ft
Feb 4, 2019
Listed
$135,000
$96/sq ft
Memphis Area Association of Realtors(R) MLS #2518944
Jan 29, 2003
Sold
$90,000
$64/sq ft
Aug 30, 2002
Listed
$85,000
$61/sq ft
3br, & hard to find 2 FULL baths, + den w/ fireplace, livingroom, large breakfast room, sep laundry room and large closet. Must see the 20x30 workshop! Fenced yard, beautiful trees, double drive, ready for occupancy!
Public Records
Aug 6, 1974
Sold
$27,500
$20/sq ft
Public Records
Oct 1, 1966
Sold
$13,500
$10/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,346 (+10.1%)
$7,875 + $36,625
$44,500
2024
$2,130 (+8.1%)
$7,875 + $36,625
$44,500
2023
$1,971
$4,700 + $27,650
$32,350
2022
$1,971 (−1.2%)
$4,700 + $27,650
$32,350
2021
$1,994 (+10.9%)
$4,700 + $27,650
$32,350
2020
$1,797
$4,700 + $27,650
$32,350
2019
$1,797
$4,700 + $20,100
$24,800
2018
$1,797 (+76.3%)
$4,700 + $20,100
$24,800
2017
$1,019 (+2.3%)
$4,700 + $20,100
$24,800
2016
$996
$4,700 + $20,100
$24,800
2014
$996
$5,225 + $17,575
$22,800
Tax history for 1536 Colonial Rd
Year
Property tax
Land + Additions
Assessment*
2025
$2,346 (+10.1%)
$7,875 + $36,625
$44,500
2024
$2,130 (+8.1%)
$7,875 + $36,625
$44,500
2023
$1,971
$4,700 + $27,650
$32,350
2022
$1,971 (−1.2%)
$4,700 + $27,650
$32,350
2021
$1,994 (+10.9%)
$4,700 + $27,650
$32,350
2020
$1,797
$4,700 + $27,650
$32,350
2019
$1,797
$4,700 + $20,100
$24,800
2018
$1,797 (+76.3%)
$4,700 + $20,100
$24,800
2017
$1,019 (+2.3%)
$4,700 + $20,100
$24,800
2016
$996
$4,700 + $20,100
$24,800
2014
$996
$5,225 + $17,575
$22,800
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
3
Baths
2
Stories
1
Lot width
70 ft.
Lot depth
133 ft.
Lot size
9,310 Sq. Ft.
Year renovated
—
Sq. Ft.
1,496
Year built
1954
Style
Single Family Residential
County
Shelby County
APN
066068 00023
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 14, 2026.
R-6
Residential Single Family-6 District
The single-family residential districts are intended to accommodate one single-family detached principal dwelling unit per lot. These districts should be applied in areas where the land-use pattern is predominately single-family residential or where such a land use pattern is desired in the future. Five single-family residential districts are established-R-6 which are differentiated primarily on the basis of minimum lot area and setback requirements. New R-6 districts are generally located in an infill or redevelopment location where similar lot sizes are part of the original fabric of development. Additionally, R-6 districts should have a shared street network with and are generally located at least 500 to 1,000 ft from a CMU-1, CMU-2, CMU-3, or CBD district.
Floors/Ceilings: Wood Laminate Floors, Part Carpet, Tile
Fireplace: Other (See Remarks)
Room Information
Living Room Dimensions:
Dining Room Dimensions:
Den/Great Room Dimensions:
Dining Room Dimensions: 0x0
Living Room Dimensions: 0x0
Living/Dining/Kitchen: Living Room/Dining Room Combination, Updated/Renovated Kitchen
Den/Great Room Dimensions: 0x0
Other Rooms: Other (See Remarks)
Additional Bedroom/Bathroom Info: All Bedrooms Down
Exterior
Exterior Features
Pool Description: None
Miscellaneous Exterior: Wrought Iron Security Doors
Exterior/Windows: Wood/Composition
Foundation: Slab
Roof: Composition Shingles, Wood/Shake
Land Information
Acreage: 0.21
Lot Information
Parcel ID: 066068 00023
Lot #: 8
Lot Size: 9310
Lot Description: Some Trees, Level
Area: 759E
Property Information
Detached Single Family
Style: Traditional
Property Construction Status: Existing Property
Approx Heated Sq. Ft. Range: 1400-1599
Year Built: 1954
Financial
Tax Information
Annual City Tax: $775
Annual County Tax: $996
Utilities
Utility Information
Water & Sewer: Public Water, Public Sewer
Heating: Central
Cooling: Central
Location
Multi-Unit Information
Detached Unit Type: General Residential
Location Details
Directions: Take Princeton Rd to N Perkins Rd 1 min (0.3 mi) Follow N Perkins Rd, Perkins Extd and S Perkins Rd to Colonial Rd 10 min (3.9 mi) Turn right onto Colonial Rd
MAAR Subdivision Name: COLONIAL ACRES
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,496
Stories: 1.0
Lot Size: 9,310 square feet
Style: Single Family Residential
Year Built: 1954
Year Renovated: —
County: Shelby County
APN: 066068 00023
Home facts updated by county records on Jul 13, 2026
Around this home
Schools
Sea Isle Elementary School
Public PreK-5 • Assigned • 0.9mi
4/10
Colonial Middle School
Public 6-8 • Assigned • 0.3mi
6/10
Overton High School
Public 9-12 • Assigned • 0.5mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 109° expected this year, 21 days in 30 years
4/10 Wind Factor
18% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Memphis, TN • 38117
Average low and high temperatures (°F)
47
30
57
38
72
50
78
58
79
63
88
72
93
77
91
72
86
68
78
57
66
49
54
40
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.5 hours in
June and 4.8 hours in December, placing it above the
U.S. average for solar exposure.
10.5 hrs
4.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$177,000 – $215,000
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Property information provided by Memphis Area Association of Realtors(R) MLS when last listed in 2019. This data may not match public records. Learn more.