NOT LISTED FOR SALE

11509 Macon Eads, TN 38028

Gray's Creek Neighborhood

Estimated Value: $439,000 - $667,105

17.3 Acres
$34,087 Price per Acre
753,588 Sq Ft Lot

Sale Details

Date Sold: December 21, 2018

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

Est. 131% increase in value since last sale

Current estimated payment $3,405 / mo

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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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

17.3 Acres

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2018
Closed on
Dec 30, 2018
Sold by
Bought by
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
$589,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$334,702
Avg. Annual Appreciation
11.53%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Gray's Creek, TN

  • Tonya McDowell Real Estate Agent - The Stamps Real Estate Company

    Tonya McDowell

    The Stamps Real Estate Company

    (901) 295-0564

    88 Total Sales

    3 in Gray's Creek

    $253K - $975K Price Range

    Tonya McDowell
     Section Image
  • Amanda Lester Real Estate Agent - NextHome Cornerstone Realty

    Amanda Lester

    NextHome Cornerstone Realty

    (901) 763-8976

    38 Total Sales

    1 in Gray's Creek

    $600,000 Price

    Amanda Lester
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  • Charles Harris Real Estate Agent - Coldwell Banker Collins-Maury

    Charles Harris

    Coldwell Banker Collins-Maury

    (901) 450-5570

    96 Total Sales

    2 in Gray's Creek

    $308K - $329K Price Range

    Charles Harris
     Section Image
  • Samiha Alward Real Estate Agent - Keller Williams

    Samiha Alward

    Keller Williams

    (662) 506-6150

    126 Total Sales

    2 in Gray's Creek

    $330K - $340K Price Range

    Samiha Alward
     Section Image
  • Christine DeColli Real Estate Agent - Marx-Bensdorf, REALTORS

    Christine DeColli

    Marx-Bensdorf, REALTORS

    (901) 446-2689

    32 Total Sales

    2 in Gray's Creek

    $265K - $429K Price Range

    Christine DeColli
     Section Image
  • Austin Hall Real Estate Agent - Evernest LLC

    Austin Hall

    Evernest LLC

    (901) 519-2656

    59 Total Sales

    2 in Gray's Creek

    $215K - $260K Price Range

    Austin Hall
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$255,000 None Available
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,034 $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

    40 Total Sales

    Keith Morris
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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

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Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393 - 17600 Laguna Canyon Rd, Irvine, CA 92618.

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