OFF MARKET

Off Market Jun 2025 for $232K

$224,282

Est. refi paymentEst. refi $1,898/mo

•

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sq ft

1603 Colonial Dr, Memphis, TN 38117

About this home

Must SEE this Colonial Acres 3BR and 2 full Bath renovated! home. Beautiful REAL Hardwood Floors! granite counter tops and subway tile backsplash. Renovated Kitchen with Covered patio/carport. Buyers will appreciate the open floor plan from the Kitchen opens to a spacious Den/Hearth Room with an all Brick Fireplace. This home features a real laundry room with Built-in cabinet which opens. Living room is spacious with custom Built-in bookcase. New Interior and Exterior designer paint. Private fenced backyard!

Single-familyProperty Type

1955Year Built

0.26 acresLot Size

$187Est. Price/Sq.Ft.

2 spacesParking

Listed by Kathryn Anne Matheny • Crye-Leike, Inc., REALTORS

Bought with Steven Ford • The Carter Group LLC, REALTORS

Redfin checked: 2 minutes ago

•Source:Memphis Area Association of Realtors(R) MLS #10194081

Redfin Estimate

$224,282

$7,718 since sold in June 2025$3,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 27.9% higher than the average sale price ($175K) of 6 comparable homes.

SOLD DEC 22, 2025
$160,000
A
3 beds2 baths— sq ft
4797 Helene St, Memphis, TN 38117
SOLD JUL 23, 2026
$150,000
B
3 beds1 bath— sq ft
1563 Marcia Rd, Memphis, TN 38117
SOLD MAY 22, 2026
$175,000
C
3 beds1 bath— sq ft
1570 Dearing Rd, Memphis, TN 38117
SOLD APR 30, 2026
$223,000
D
3 beds2 baths1,147 sq ft
1534 Ivy Rd, Memphis, TN 38117
SOLD MAY 8, 2026
$120,000
E
3 beds1 bath1,000 sq ft
1597 Marcia Rd, Memphis, TN 38117
SOLD JUL 9, 2026
$224,000
F
3 beds2 baths1,737 sq ft
4587 Boyce Rd, Memphis, TN 38117

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Earn from this home

Refinance

Est. cash available

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Rent

$1,669/mo

Redfin rental estimate

List your home for rent

Market trends in 38117, TN

Last updated August 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

97.5%

0.0% MoM

Median sale price

$297K

$11K MoM

Avg. days on market

32d

4 days MoM

Recently sold homes

154

1 MoM

New listings for sale

FOR SALE BY OWNER
$185,900
3 beds1 bath1,143 sq ft
1547 Marcia Rd, Memphis, TN 38117
NEW 9 HRS AGO
$299,000
2 beds2 baths— sq ft
405 S Perkins Rd #340, Memphis, TN 38117
$349,900
4 beds2.5 baths— sq ft
537 Leonora Dr, Memphis, TN 38117
$279,900
3 beds1.5 baths— sq ft
5044 Whitewater Cv, Memphis, TN 38117
$430,000
3 beds2 baths— sq ft
232 N Perkins Rd, Memphis, TN 38117
$429,000
3 beds2 baths— sq ft
239 Gardenia Dr, Memphis, TN 38117
$829,000
5 beds4.5 baths— sq ft
4639 Perkins Manor Cv, Memphis, TN 38117
$350,000
3 beds2 baths— sq ft
5104 Normandy Ave, Memphis, TN 38117
$725,000
3 beds2.5 baths— sq ft
4363 W Cherry Place Dr, Memphis, TN 38117
$304,900
4 beds2.5 baths— sq ft
1534 Delmont Rd, Memphis, TN 38117
See all

Provided by Redfin

Sale history for 1603 Colonial Dr

Date

Event

Price

Memphis Area Association of Realtors(R) MLS #10194081

Jun 16, 2025

Sold

$232,000

$193/sq ft

May 9, 2025

Price Changed

$232,000

$193/sq ft

Apr 11, 2025

Listed

$249,000

$208/sq ft

Memphis Area Association of Realtors(R) MLS #10074321

May 8, 2020

Sold

$169,000

$141/sq ft

Apr 8, 2020

Listed

$165,000

$138/sq ft

Public Records

Oct 27, 1998

Sold

$70,250

$59/sq ft

Public Records

May 25, 1972

Sold

$23,500

$20/sq ft

Public Records

Oct 30, 1963

Sold

$15,000

$13/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$2,801 (+13.9%)

$7,875 + $45,275

$53,150

2024

$2,460 (+8.1%)

$7,875 + $45,275

$53,150

2023

$2,275

$4,700 + $32,650

$37,350

2022

$2,275 (−1.2%)

$4,700 + $32,650

$37,350

2021

$2,302 (+33.9%)

$4,700 + $32,650

$37,350

2020

$1,719

$4,700 + $32,650

$37,350

2019

$1,719

$4,700 + $19,025

$23,725

2018

$1,719 (+76.3%)

$4,700 + $19,025

$23,725

2017

$975

$4,700 + $19,025

$23,725

2016

$976

$4,700 + $19,025

$23,725

2014

$976

$5,225 + $17,125

$22,350

Tax history for 1603 Colonial Dr

Year

Property tax

Land + Additions

Assessment*

2025

$2,801 (+13.9%)

$7,875 + $45,275

$53,150

2024

$2,460 (+8.1%)

$7,875 + $45,275

$53,150

2023

$2,275

$4,700 + $32,650

$37,350

2022

$2,275 (−1.2%)

$4,700 + $32,650

$37,350

2021

$2,302 (+33.9%)

$4,700 + $32,650

$37,350

2020

$1,719

$4,700 + $32,650

$37,350

2019

$1,719

$4,700 + $19,025

$23,725

2018

$1,719 (+76.3%)

$4,700 + $19,025

$23,725

2017

$975

$4,700 + $19,025

$23,725

2016

$976

$4,700 + $19,025

$23,725

2014

$976

$5,225 + $17,125

$22,350

*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

Baths

Stories

Lot width

70 ft.

Lot depth

163 ft.

Lot size

0.26 Acres

Year renovated

1986

Sq. Ft.

1,381

Year built

1955

Style

Single Family Residential

County

Shelby County

APN

066050 00006

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.

Permitted uses

Include but are not limited to:

Religious facility
Housing-Senior
Infrastructure
Educational / school
Fire house
Police station
Recreation
Park & open space

Property details

Parking

Parking Information
# of Covered Parking Spaces: 2
Parking/Storage: Driveway/Pad

Interior

Bedroom Information
# of Bedrooms (Lower): 3
# of Bedrooms: 3
# of Bedrooms: 3
# of Bedrooms Down: 3
Master Bedroom Dimensions: 10 x 15
Master Bedroom Dimensions: 10 x 15
Primary Bedroom: Hardwood Floor, Level 1, Smooth Ceiling
Bedroom 2 Dimensions: 11 x 13
Bedroom 2 Dimensions: 11 x 13
Bedroom 2 Description: Hardwood Floor, Level 1, Smooth Ceiling
Bedroom 3 Dimensions: 9 x 13
Bedroom 3 Dimensions: 9 x 13
Bedroom 3 Description: Hardwood Floor, Shared Bathroom, Level 1, Smooth Ceiling

Bathroom Information
# of Baths (Full): 2
# of Bathrooms (Full): 2
Primary Bath Description: Smooth Ceiling, Tile Floor

Interior Features
# of Fireplaces: 1
# of Rooms: 7
# of Stories: 1
Interior Equipment: Cable (Available), Range/Oven
Floors/Ceilings: Tile, Part Hardwood

Room Information
Living Room Dimensions: 11 x 15
Dining Room Dimensions: 8 x 8
Den/Great Room Dimensions: 13 x 16
Kitchen Dimensions: 12x8
Dining Room Dimensions: 8x8
Living Room Dimensions: 11x15
Living/Dining/Kitchen: Separate Den, Separate Living Room, Washer/Dryer Connections
Den/Great Room Dimensions: 13x16
Other Rooms: Attic, Laundry Room
Additional Bedroom/Bathroom Info: 1 or More BR Down, All Bedrooms Down, Full Bathroom Down, Master Bedroom Down

Exterior

Exterior Features
Pool Description: None
Miscellaneous Exterior: Patio, Covered Patio
Exterior/Windows: Aluminum Window(s), Brick Veneer, Double Pane Window(s)
Foundation: Slab
Roof: Composition Shingles

Land Information
Acreage: 0.26

Lot Information
Parcel ID: 066050 00006
Lot #: 304
Lot Size: 70X163
Lot Description: Level, Landscaped, Some Trees, Wood Fenced
Area: 759E

Property Information
Detached Single Family
Style: Traditional
Property Construction Status: Existing Property
Approx Heated Sq. Ft. Range: 1200-1399
Year Built: 1955

Financial

Tax Information
Annual City Tax: $1,193
Annual County Tax: $1,266

Financing
Buyer Contributions: 0

Utilities

Utility Information
Water & Sewer: Electric Water Heater, Public Sewer, Public Water
Heating: Central
Cooling: Central

Location

Multi-Unit Information
Detached Unit Type: General Residential

Location Details
Directions: From I40 Take exit for Mt. Moriah Rd North. Take Left onto Willow Rd. , Turn Right onto Colonial. 1603 Colinial will be on the Left.
MAAR Subdivision Name: COLONIAL ACRES

Public facts

Beds: 3
Baths: 2.0
Sq. Ft.: 1,381
Stories: 1.0
Lot Size: 0.26 acres
Style: Single Family Residential
Year Built: 1955
Year Renovated: 1986
County: Shelby County
APN: 066050 00006

Home facts updated by county records on Jul 13, 2026

Around this home

Schools

Sea Isle Elementary School

Public PreK-5 • Assigned • 1.0mi

4/10

Colonial Middle School

Public 6-8 • Assigned • 0.5mi

6/10

Overton High School

Public 9-12 • Assigned • 0.3mi

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

2/10 Fire Factor

0.00% chance of being 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

17% 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)

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

$214,000 – $258,000

Sell confidently with a local market expert in Memphis. 3 minutes to get started.

Nearby similar homes

$131,000

3 beds1 bath— sq ft

2872 Churchill St, Memphis, TN 38118

$174,500

3 beds1 bath— sq ft

4883 Kimball Rd, Memphis, TN 38117

$250,000

4 beds1.5 baths— sq ft

1614 Sterling Dr, Memphis, TN 38119

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3 beds2 baths— sq ft

4762 Quince Rd, Memphis, TN 38117

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3 beds2 baths— sq ft

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FOR SALE BY OWNER

$185,900

3 beds1 bath1,143 sq ft

1547 Marcia Rd, Memphis, TN 38117

New listings for sale in 38117

FOR SALE BY OWNER

$185,900

3 beds1 bath1,143 sq ft

1547 Marcia Rd, Memphis, TN 38117

NEW 9 HRS AGO

$299,000

2 beds2 baths— sq ft

405 S Perkins Rd #340, Memphis, TN 38117

$349,900

4 beds2.5 baths— sq ft

537 Leonora Dr, Memphis, TN 38117

$279,900

3 beds1.5 baths— sq ft

5044 Whitewater Cv, Memphis, TN 38117

$430,000

3 beds2 baths— sq ft

232 N Perkins Rd, Memphis, TN 38117

$429,000

3 beds2 baths— sq ft

239 Gardenia Dr, Memphis, TN 38117

$829,000

5 beds4.5 baths— sq ft

4639 Perkins Manor Cv, Memphis, TN 38117

$350,000

3 beds2 baths— sq ft

5104 Normandy Ave, Memphis, TN 38117

$725,000

3 beds2.5 baths— sq ft

4363 W Cherry Place Dr, Memphis, TN 38117

Home values near 1603 Colonial Dr

Data from public records.

Address	Redfin Estimate
1595 Colonial Road, Memphis, TN 2 Beds \| 1 Baths \| - Sq. Ft.	$150,128
1617 Colonial Road, Memphis, TN 3 Beds \| 1 Baths \| 1000 Sq. Ft.	$161,189

Address	Redfin Estimate
1573 Colonial Road, Memphis, TN 3 Beds \| 1 Baths \| - Sq. Ft.	$165,038
1588 Colonial Road, Memphis, TN 3 Beds \| 1 Baths \| 1000 Sq. Ft.	$206,961

Address	Redfin Estimate
1611 Colonial Road, Memphis, TN 3 Beds \| 1 Baths \| 1000 Sq. Ft.	$180,979
1623 Colonial Road, Memphis, TN 3 Beds \| 2 Baths \| 1200 Sq. Ft.	$213,004

Property information provided by Memphis Area Association of Realtors(R) MLS when last listed in 2025. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 38117, TN

Sale history for 1603 Colonial Dr

Tax history for 1603 Colonial Dr

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 38117

Home values near 1603 Colonial Dr

More real estate resources