NOT LISTED FOR SALE

Estimated Value: $666,761 - $874,000

2 Acres
$374,845 Price per Acre
87,120 Sq Ft Lot

Last Sold May 01, 2018

Last sale price $68,000

Est. 1,002% increase in value since last sale

Current estimated payment $4,418/month

172 Days on Market

Highlights

  • 2 Acre Lot
  • Wooded Lot
  • Timber

About This Lot

As of May 2018

Great two acre lot located just outside of the Cordova/Eads area on a dead end road. Property sits within walking distance to Briarcrest school. Come and build your custom home. Drive out anytime.

Last Agent to Sell the Property

Jeremy Ryan

Crye-Leike, Inc., REALTORS License #304593 Listed on: 10/23/2017

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Jeremy Ryan

Crye-Leike, Inc., REALTORS License #304593 Listed on: 10/23/2017

Crye-Leike, Inc., REALTORS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,004

Lot Details

  • 2 Acre Lot
  • Wooded Lot
  • Natural Drainage

Farming

  • Timber

Listing and Financial Details

  • Assessor Parcel Number D0221L A00005

Community Details

Overview

  • Walnut Grove Plantation Subdivision

Recreation

  • Cove

Property Details

Property Type

Land

Est. Annual Taxes

$4,004

Lot Details

0

Listing Details

  • Class: Land
  • Type: Land
  • Cross Street: Old Houston Levee
  • Location: Cove
  • MLS Map #: 797C
  • MAAR Subdivision Name: WALNUT GROVE PLANTATION
  • Price Per Sq Ft: 34000
  • Miscellaneous: Merchantable Timber
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Paved

Utilities

  • Utilities: Public Water, Natural Gas

Association/Amenities

  • Uses Of Adjacent Area: Residential, School

Lot Info

  • Lot Number: 5
  • Acreage: 2
  • Lot Size: 2.00AC 240X363
  • Price Per Acre: 44500
  • Zoning: res
  • Lots Available: 1 Only
  • Present Usage: None/Vacant, Usage Restrictions
  • Shape: Regular
  • Topographic Feature: Wooded, Natural Drainage
  • Zoning Of Adjacent Area: Single Family

Tax Info

  • Assessor Parcel Number: D0221L A00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2017
Closed on
Apr 27, 2018
Sold by
Vencel Timothy
Bought by
Copeland Christopher and Mosley Megan
Seller's Agent
Jeremy Ryan
Crye-Leike, Inc., REALTORS
Buyer's Agent
Jeremy Ryan
Crye-Leike, Inc., REALTORS
List Price
$89,000
Sold Price
$68,000
Premium/Discount to List
-$21,000
-23.6%
Current Estimated Value
$749,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$681,690
Avg. Annual Appreciation
40.05%
Original Mortgage
$47,500
Interest Rate
4.45%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 10, 2015
Closed on
Feb 10, 2017
Sold by
West Freeman C and West Freeman Jeanne
Bought by
Vencel Timothy
Seller's Agent
Patti Baggett
Crye-Leike, Inc., REALTORS
Buyer's Agent
Patti Baggett
Crye-Leike, Inc., REALTORS
List Price
$94,900
Sold Price
$78,000
Premium/Discount to List
-$16,900
-17.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.64%
Original Mortgage
$66,300
Interest Rate
4.12%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Copeland Christopher $69,375 Realty Title
Vencel Timothy $78,000 Edco Title & Closing Service
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Copeland Christopher $328,153
Closed Copeland Christopher $350,000
Closed Copeland Christopher $47,500
Previous Owner Vencel Timothy $66,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2018 05/01/18 Sold $68,000 -23.6% --
04/13/2018 04/13/18 Pending -- -- --
10/23/2017 10/23/17 For Sale $89,000 +14.1% --
02/10/2017 02/10/17 Sold $78,000 -17.8% --
12/15/2016 12/15/16 Pending -- -- --
07/10/2015 07/10/15 For Sale $94,900 -- --
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,004 $155,475 $17,750 $137,725
2024 $4,004 $118,100 $17,750 $100,350
2023 $4,004 $118,100 $17,750 $100,350
2022 $1,503 $44,325 $17,750 $26,575
2021 $612 $17,750 $17,750 $0
2020 $679 $16,775 $16,775 $0
2019 $679 $16,775 $16,775 $0
2018 $679 $16,775 $16,775 $0
2017 $689 $16,775 $16,775 $0
2016 $733 $16,775 $0 $0
2014 $733 $16,775 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10014092

Memphis Area Association of REALTORS®

APN: D0-221L-A0-0005