NOT LISTED FOR SALE

11509 Macon Eads, TN 38028

Gray's Creek Neighborhood

Estimated Value: $420,000 - $677,776

17.3 Acres
$32,790 Price per Acre
753,588 Sq Ft Lot

Last Sold December 21, 2018

Last sale price $255,000 $122 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $3,117/month

153 Days on Market

Highlights

  • 17.3 Acre Lot
  • Wooded Lot
  • Level Lot

About This Lot

As of December 2018

LOTS OF POTENTIAL BEST DESCRIBES THIS OLD LOCAL FAMILY CATTLE FARM AND HOMEPLACE. A CORNER LOT AT REID HOOKER AND MACON ROAD, IT ONCE HAD TWO DWELLINGS AND A BARN ON IT. IT STILL HAS A 50'S ERA BRICK HOME ON THE PROPERTY BEING SOLD AS IS. THE VALUE IN THIS FARM IS THE LAND. IT DOES HAVE ENOUGH FRONTAGE ON BOTH ROADS FOR THE OPPORTUNITY TO BE SPLIT INTO MULTIPLE RESIDENTIAL LOTS. THE CURRENT OWNERS ARE SELLING IT ALL AS A WHOLE AND WILL NOT CONSIDER DIVIDING. CURRENTLY UNDER GREEN BELT TAXATION.

Last Agent to Sell the Property

Keith Morris

Morris and Morris License #223278 Listed on: 06/28/2018

Last Buyer's Agent

Keith Morris

Morris and Morris License #223278 Listed on: 06/28/2018

Property Details

Property Type

  • Land

Lot Details

  • 17.3 Acre Lot
  • Rural Setting
  • Level Lot
  • Wooded Lot
  • Natural Drainage
  • Property is zoned FAR

Utilities

  • Septic Tank
  • Phone Available

Community Details

  • Stark Subdivision

Listing and Financial Details

  • Assessor Parcel Number D0216 00205

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Class: Land
  • Type: Land
  • Cross Street: Reid Hooker
  • Location: Rural
  • MAAR Subdivision Name: STARK
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Paved, Municipal

Utilities

  • Utilities: Public Water, Electricity, Septic Tank, Natural Gas, Telephone

Association/Amenities

  • Uses Of Adjacent Area: Pasture, Residential, Church

Lot Info

  • Acreage: 17.3
  • Lot Size: See Plat
  • Zoning: FAR
  • Lots Available: 1 Only
  • Present Structure: Barn, Residence
  • Present Usage: Pasture
  • Shape: Regular
  • Topographic Feature: Level, Rolling, Wooded, Natural Drainage
  • Zoning Of Adjacent Area: Single Family, Agriculture, Govt/Utility Easement

Tax Info

  • Assessor Parcel Number: D0216 00205

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2018
Closed on
Dec 30, 2018
Sold by
Jones Charles Walker and Jones Gloria N
Bought by
Vandeven Gregory Euegene and Vandeven Katherine Mary
Seller's Agent
Keith Morris
Morris and Morris
Buyer's Agent
Keith Morris
Morris and Morris
List Price
$395,000
Sold Price
$255,000
Premium/Discount to List
-$140,000
-35.44%
Current Estimated Value
$567,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$312,259
Avg. Annual Appreciation
11.92%
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
Vandeven Gregory Euegene $255,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2018 12/21/18 Sold $255,000 -35.4% $122 / Sq Ft
11/28/2018 11/28/18 Pending -- -- --
06/28/2018 06/28/18 For Sale $395,000 -- $190 / Sq Ft
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 $1,985 $195,600 $139,575 $56,025
2024 $1,985 $170,975 $129,800 $41,175
2023 $1,985 $170,975 $129,800 $41,175
2022 $1,985 $170,975 $129,800 $41,175
2021 $1,992 $168,875 $129,800 $39,075
2020 $1,709 $146,775 $120,025 $26,750
2019 $1,709 $146,775 $120,025 $26,750
2018 $5,944 $146,775 $120,025 $26,750
2017 $6,032 $146,775 $120,025 $26,750
2016 $1,719 $143,875 $0 $0
2014 $1,719 $143,875 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2018

    Keith Morris

    Morris and Morris

    (901) 497-6997

    39 Total Sales

    Keith Morris
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10030751

Memphis Area Association of REALTORS®

APN: D0-216-0-0205

Tennessee Shelby County Eads 38028 Gray's Creek

11509 Macon, Eads, TN

Not Listed for Sale

Lots

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