For sale

Price cut: $5K (5/26)

$215,000

1407 Ivy Rd, Memphis, TN 38117

3beds

1,100sqft

Est.: Get pre-qualified

Single Family Residence

Built in 1954

0.25 Acres Lot

$208,400 Zestimate^®

$195/sqft

$-- HOA

What's special

Fresh interior paintUpdated kitchen countertops

Check out this beautifully RENOVATED 3BR, 1BA home in the highly sought-after Colonial Acres area, just a short walk to Colonial Middle School. Enjoy NEW durable luxury vinyl plank flooring, fresh interior paint, and updated kitchen countertops. The gas range, dishwasher, microwave, windows and roof are all only 3 years old, giving you peace of mind. The bathroom was renovated 3 years ago with stylish finishes, and the water heater is just 1 year old. With its move-in-ready updates and unbeatable location, this home delivers comfort, convenience, and timeless appeal.

38 days

294

24

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Primary bedroom

Features: Smooth Ceiling
Level: First
Area: 156
Dimensions: 12 x 13

Bedroom 2

Features: Smooth Ceiling
Level: First

Bedroom 3

Features: Smooth Ceiling
Level: First

Primary bathroom

Features: Smooth Ceiling, Tile Floor

Dining room

Area: 81
Dimensions: 9 x 9

Kitchen

Features: Updated/Renovated Kitchen, Pantry

Living room

Features: LR/DR Combination
Area: 154
Dimensions: 11 x 14

Den

Width: 0

Heating

Central

Cooling

Ceiling Fan(s), Central Air

Appliances

Included: Range/Oven, Gas Cooktop, Disposal, Dishwasher, Microwave, Refrigerator
Laundry: Laundry Room

Features

All Bedrooms Down, Primary Down, Renovated Bathroom, Full Bath Down, Smooth Ceiling, Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath, Laundry Room, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
Flooring: Tile, Vinyl
Windows: Double Pane Windows, Window Treatments
Basement: Crawl Space
Has fireplace: No

Interior area

Total interior livable area: 1,100 sqft

Property

Parking

Parking features: Driveway/Pad
Has uncovered spaces: Yes

Features

Stories: 1
Patio & porch: Patio
Exterior features: Dog Run
Pool features: None
Fencing: Chain Link,Wood

Lot

Size: 0.25 Acres
Dimensions: 86 x 127
Features: Corner Lot, Level, Some Trees

Details

Parcel number: 066062 00027

Construction

Type & style

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

Materials

Brick Veneer
Roof: Composition Shingles

Condition

New construction: No
Year built: 1954

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Security: Smoke Detector(s), Dead Bolt Lock(s), Wrought Iron Security Drs
Subdivision: Colonial Hills

Location

Region: Memphis

Financial & listing details

Price per square foot: $195/sqft
Tax assessed value: $241,900
Annual tax amount: $3,188
Price range: $215K - $215K
Date on market: 4/25/2026
Cumulative days on market: 38 days
Listing terms: Conventional,FHA,VA Loan

Estimated market value

$208,400

$198,000 - $219,000

$1,400/mo

Price history

Date	Event	Price
5/26/2026	Price change	$215,000-2.3%$195/sqft
Source: MAAR #10220170 Report a problem
4/25/2026	Listed for sale	$220,000$200/sqft
Source: MAAR #10220170 Report a problem
11/5/2025	Listing removed	$1,950$2/sqft
Source: Zillow Rentals Report a problem
9/21/2025	Price change	$1,950-7.1%$2/sqft
Source: Zillow Rentals Report a problem
9/4/2025	Listed for rent	$2,100$2/sqft
Source: Zillow Rentals Report a problem
8/16/2021	Sold	$220,000+120%$200/sqft
Source: MAAR #10103894 Report a problem
5/28/2015	Listing removed	$100,000$91/sqft
Source: RE/MAX REAL ESTATE EXPERTS #9942287 Report a problem
12/31/2014	Listed for sale	$100,000+49.3%$91/sqft
Source: RE/MAX Real Estate Experts #9942287 Report a problem
4/29/1998	Sold	$67,000+3.7%$61/sqft
Source: Public Record Report a problem
8/29/1997	Sold	$64,606$59/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,188 +38.9%	$60,475 +73.5%
2024	$2,295 -19.4%	$34,850 -25.5%
2023	$2,848	$46,750
2022	--	$46,750 +34.1%
2021	--	$34,850 +57.7%
2020	$706	$22,100
2019	$706 -21.1%	$22,100
2018	$895 -45.1%	$22,100
2017	$1,631 +119.8%	$22,100 +1.3%
2016	$742 -24.1%	$21,825
2014	$977	$21,825
2013	--	$21,825 -28.8%
2012	--	$30,650
2011	--	$30,650
2010	--	$30,650
2009	--	$30,650 +34%
2008	--	$22,875
2007	--	$22,875
2006	--	$22,875
2005	--	$22,875 +13.8%
2004	--	$20,100
2003	--	$20,100
2002	--	$20,100
2001	--	$20,100 +24.8%
2000	--	$16,100

Find assessor info on the county website

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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