NOT LISTED FOR SALE

105 E Olive Ave Memphis, TN 38106

South Memphis Neighborhood

Estimated Value: $343,000

0.25 Acres
$1,372,000 Price per Acre
10,890 Sq Ft Lot

Last Sold September 11, 2017

Last sale price $1,500

Est. 22,767% increase in value since last sale

Current estimated payment $1,806/month

416 Days on Market

About This Lot

As of September 2017

Close to the redevelopment area of S Memphis and has .25 acres corner lot. Existing duplex previously on site. Level and LOTS of road frontage. Can build and close to everything! Appraised at $11,900. $1500 or owner will consider seller-finance with down payment of $300. Seller-finance price of $1600. 0% interest finance with $103.88 monthly payments for 1 year. Show anytime. Buyer pays all closing costs.

Last Agent to Sell the Property

John Vick

eXp Realty, LLC License #332567 Listed on: 06/12/2016

eXp Realty, LLC

Last Buyer's Agent

John Vick

eXp Realty, LLC License #332567 Listed on: 06/12/2016

eXp Realty, LLC

Property Details

Property Type

  • Land

Lot Details

  • 10,890 Sq Ft Lot
  • Lot Dimensions are 87 x 130
  • Corner Lot
  • Level Lot
  • Property is zoned R-6

Utilities

  • Phone Available

Community Details

  • Burke Subdivision
  • Door to Door Trash Pickup

Listing and Financial Details

  • Assessor Parcel Number 024052 00004

Property Details

Property Type

Land

Lot Details

0.25 Acres

Listing Details

  • Class: Land
  • Type: Land
  • Cross Street: Michigan
  • Location: Corner
  • MAAR Subdivision Name: BURKE
  • Miscellaneous: Easement(s), Garbage Pickup
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Paved

Utilities

  • Utilities: Public Water, Electricity, Public Sewer, Natural Gas, Telephone

Association/Amenities

  • Uses Of Adjacent Area: Residential, Multi-Family

Lot Info

  • Lot Number: 7-8
  • Acreage: 0.25
  • Lot Size: 87 X 130
  • Zoning: R-6
  • Improvements: Curbs and Gutters, Sidewalk
  • Lots Available: 1 Only
  • Present Usage: None/Vacant
  • Shape: Regular
  • Topographic Feature: Level
  • Zoning Of Adjacent Area: Single Family

Tax Info

  • Assessor Parcel Number: 024052 00004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2016
Closed on
Sep 11, 2017
Sold by
Vick Jonathan
Bought by
Brewn Marques
Seller's Agent
John Vick
eXp Realty, LLC
Buyer's Agent
John Vick
eXp Realty, LLC
List Price
$5,000
Sold Price
$1,500
Premium/Discount to List
-$3,500
-70%
Current Estimated Value
$343,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$341,500
Avg. Annual Appreciation
88.91%

Purchase Details

Closed on
May 15, 2016
Sold by
County Of Shelby
Bought by
Vick Jonathan

Purchase Details

Closed on
Oct 17, 2003
Sold by
Higgins Catherine D
Bought by
Higgins Robert Rea

Purchase Details

Closed on
Apr 29, 2002
Sold by
Solid Walter
Bought by
Jackson Mary A

Purchase Details

Closed on
Apr 1, 2002
Sold by
Jackson James I and Jackson Mary A
Bought by
Higgins Catherine D

Purchase Details

Closed on
Jan 1, 2001
Sold by
Jackson James and Jackson Mary
Bought by
Solid Walter

Purchase Details

Closed on
Apr 5, 2000
Sold by
Higgins Robert Rea
Bought by
Jackson James I and Jackson Mary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,640
Interest Rate
11.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 13, 1998
Sold by
Hines Etherine
Bought by
Higgins Robert Rea
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Brewn Marques $1,500 Closetrak Closing & Title Sv
Vick Jonathan -- None Available
Higgins Robert Rea -- --
Jackson Mary A $5,000 --
Higgins Catherine D $25,000 --
Solid Walter $50,000 --
Solid Walter $50,000 --
Jackson James I $14,640 --
Jackson James I $14,640 --
Higgins Robert Rea $10,000 --
Higgins Robert Rea $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jackson James I $14,640
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2017 09/11/17 Sold $1,500 -70.0% --
08/02/2017 08/02/17 Pending -- -- --
06/12/2016 06/12/16 For Sale $5,000 -- --
Source: Memphis Area Association of REALTORS®

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 $28 $1,425 $1,425 --
2024 $28 $825 $825 --
2023 $50 $825 $825 $0
2022 $50 $825 $825 $0
2021 $51 $825 $825 $0
2020 $60 $825 $825 $0
2019 $60 $825 $825 $0
2018 $107 $2,000 $2,000 $0
2017 $82 $2,000 $2,000 $0
2016 $0 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Vick

    Seller's Agent in 2017

    John Vick

    eXp Realty, LLC

    (501) 406-2236

    743 Total Sales

    John Vick
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9979305

Memphis Area Association of REALTORS®

APN: 02-4052-0-0004

Tennessee Shelby County Memphis 38106 South Memphis

105 E Olive Ave, Memphis, TN

Not Listed for Sale

Lots

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