Sold for $185,000

$185,000

1216 Timothy Dr, Memphis, TN 38116

4beds

1,883sqft

Single Family Residence

Built in 1956

0.86 Acres Lot

$201,100 Zestimate^®

$98/sqft

$1,702 Estimated rent

Home value

$201,100

$187,000 - $213,000

$1,702/mo

Zestimate^® history

Owner options

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$1,702/mo

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$1,702/mo

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$1,210/mo

Est. payment

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$1,210/mo

Est. payment

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What's special

Modern comfortFully renovatedAmple roomSpacious living

Welcome to your dream home, just a stone's throw away from the iconic Graceland! This fully renovated, spacious 4-bedroom beauty with an in-law suite is back on the market and ready for a lucky buyer like you to call it home. Fully Renovated: Every inch of this home has been thoughtfully upgraded, ensuring modern comfort and style. Spacious Living: With 4 bedrooms, there's ample room for your family to spread out and enjoy. In-Law Suite: Whether for family or guest.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Level: First
Area: 144
Dimensions: 12 x 12

Bedroom 2

Level: First
Area: 144
Dimensions: 12 x 12

Bedroom 3

Level: First
Area: 132
Dimensions: 11 x 12

Bedroom 4

Level: First
Area: 132
Dimensions: 11 x 12

Dining room

Features: Separate Dining Room
Area: 80
Dimensions: 10 x 8

Kitchen

Features: Updated/Renovated Kitchen, Washer/Dryer Connections
Area: 135
Dimensions: 15 x 9

Living room

Features: Separate Living Room, Separate Den
Area: 165
Dimensions: 15 x 11

Den

Area: 400
Dimensions: 20 x 20

Heating

Central

Cooling

Central Air

Appliances

Included: Gas Water Heater, Dishwasher
Laundry: Laundry Room

Features

All Bedrooms Down, Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 4th of More Bedrooms, 2 or More Baths
Flooring: Wood Laminate Floors, Tile
Has fireplace: No

Interior area

Total interior livable area: 1,883 sqft

Property

Parking

Total spaces: 2
Parking features: Garage Faces Front
Has garage: Yes
Covered spaces: 2

Features

Stories: 1
Exterior features: Other (See REMARKS)
Pool features: None

Lot

Size: 0.86 Acres
Dimensions: 194 x 194
Features: Level

Details

Parcel number: 078072 00036

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Brick Veneer
Foundation: Slab
Roof: Composition Shingles

Condition

New construction: No
Year built: 1956

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Graceland

Location

Region: Memphis

Financial & listing details

Price per square foot: $98/sqft
Tax assessed value: $210,900
Annual tax amount: $1,743
Price range: $185K - $185K
Date on market: 8/11/2023
Cumulative days on market: 103 days
Listing terms: Conventional,FHA,VA Loan

Price history

Date	Event	Price
1/30/2024	Sold	$185,000-7.5%$98/sqft
Source: MAAR #10154212 Report a problem
11/22/2023	Pending sale	$199,900$106/sqft
Source: MAAR #10154212 Report a problem
11/7/2023	Price change	$199,900-4.8%$106/sqft
Source: MAAR #10154212 Report a problem
10/18/2023	Price change	$209,900-4.5%$111/sqft
Source: MAAR #10154212 Report a problem
10/2/2023	Listed for sale	$219,900$117/sqft
Source: MAAR #10154212 Report a problem
8/16/2023	Pending sale	$219,900$117/sqft
Source: MAAR #10154212 Report a problem
8/11/2023	Listed for sale	$219,900+99%$117/sqft
Source: MAAR #10154212 Report a problem
5/16/2023	Sold	$110,500-15%$59/sqft
Source: MAAR #10141963 Report a problem
4/4/2023	Pending sale	$130,000$69/sqft
Source: MAAR #10141963 Report a problem
3/27/2023	Price change	$130,000-7.1%$69/sqft
Source: MAAR #10141963 Report a problem
2/28/2023	Price change	$140,000-6.7%$74/sqft
Source: MAAR #10141963 Report a problem
2/13/2023	Listed for sale	$150,000+257.1%$80/sqft
Source: MAAR #10141963 Report a problem
12/28/2017	Listing removed	$850
Source: CrestCore - Property # 442582 Report a problem
12/6/2017	Listed for rent	$850
Source: CrestCore - Property # 436703 Report a problem
10/26/2015	Listing removed	$850
Source: CrestCore Report a problem
9/2/2015	Listed for rent	$850
Source: CrestCore Realty LLC Report a problem
10/1/2010	Sold	$42,000-26.3%$22/sqft
Source: Public Record Report a problem
6/28/2007	Sold	$57,000-45.1%$30/sqft
Source: Public Record Report a problem
1/24/2007	Sold	$103,803-2.7%$55/sqft
Source: Public Record Report a problem
5/5/2005	Sold	$106,701$57/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,779 +47.4%	$52,725 +84.2%
2024	$1,885 +8.1%	$28,625
2023	$1,744	$28,625
2022	--	$28,625
2021	--	$28,625 +23.9%
2020	$738	$23,100
2019	$738 -21.1%	$23,100
2018	$936 -45.1%	$23,100
2017	$1,705 +145.2%	$23,100 +13%
2016	$695 -27.1%	$20,450 -6.2%
2014	$953	$21,800
2013	--	$21,800 -27.1%
2012	--	$29,900
2011	--	$29,900
2010	--	$29,900
2009	--	$29,900 +23.8%
2008	--	$24,150
2007	--	$24,150
2006	--	$24,150
2005	--	$24,150 +18.1%
2004	--	$20,450
2003	--	$20,450
2002	--	$20,450
2001	--	$20,450 +20.3%
2000	--	$17,000