NOT LISTED FOR SALE

Estimated Value: $41,399

0.07 Acre
$591,414 Price per Acre
3,049 Sq Ft Lot

Last Sold November 02, 2022

Last sale price $45,000

Est. 8% decrease in value since last sale

Current estimated payment $254/month

238 Days on Market

About This Lot

As of November 2022

Three lots in total - Parcel #s: 04001600013, 04001600011C, 04001600010. Empty commercial building conveys as is. Billboard on the property is not included with sale. An easement exists; a third party holds lease to easement, and rights to billboard.

Last Agent to Sell the Property

Bob Gilbert

Sowell, Realtors License #209163 Listed on: 02/18/2022

Co-Listed By

Jacob Watkins

Sowell, Realtors License #334939

Last Buyer's Agent

Joseph Stansbury

Harris & Harris Realty Group License #360720

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $347

Lot Details

  • 3,049 Sq Ft Lot
  • Property fronts an interstate
  • Corner Lot
  • Level Lot
  • Property is in below average condition
  • Property is zoned CMU

Location

  • City Lot

Community Details

  • Meacham Blk H Subdivision

Listing and Financial Details

  • Assessor Parcel Number 040016 00013

Property Details

Property Type

Land

Est. Annual Taxes

$347

Lot Details

0

Listing Details

  • Class: Land
  • Type: Land
  • Cross Street: Smith Avenue
  • Location: City, Corner
  • MLS Map #: 742A
  • MAAR Subdivision Name: MEACHAM BLK H
  • Price Per Sq Ft: 642857.14
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Interstate, Municipal, Paved

Association/Amenities

  • Uses Of Adjacent Area: Commercial, Residential

Lot Info

  • Lot Number: PT 7-8
  • Acreage: 0.07
  • Lot Size: 32.05/56.93X36.03+32/62.12
  • Price Per Acre: 1071429
  • Zoning: CMU
  • Improvements: Sidewalk
  • Lots Available: 2-5
  • Present Structure: Needs Repair
  • Present Usage: None/Vacant
  • Shape: Regular
  • Topographic Feature: Level
  • Zoning Of Adjacent Area: Commercial, Single Family

Tax Info

  • Assessor Parcel Number: 040016 00013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2024
Sold by
Cole Frank
Bought by
Cole Foundation Family Revocable Living Trust
Current Estimated Value
$41,399

Purchase Details

Listed on
Feb 18, 2022
Closed on
Nov 2, 2022
Sold by
Walton Christopher B
Bought by
Cole Frank J
Seller's Agent
Bob Gilbert
Sowell, Realtors
Buyer's Agent
Joseph Stansbury
Harris & Harris Realty Group
List Price
$88,000
Sold Price
$45,000
Premium/Discount to List
-$43,000
-48.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.04%

Purchase Details

Closed on
Sep 2, 2021
Sold by
Walton Leroy H B
Bought by
Walton Christopher B

Purchase Details

Closed on
Mar 14, 2020
Sold by
Walton Christopher B
Bought by
Walton Leroy H B

Purchase Details

Closed on
Nov 17, 2005
Sold by
Gatewood James C
Bought by
Walton Christopher B
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
Cole Foundation Family Revocable Living Trust -- None Listed On Document
Cole Frank J $45,000 --
Walton Christopher B -- None Available
Walton Leroy H B -- None Available
Walton Christopher B -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2022 11/02/22 Sold $45,000 -40.0% --
10/14/2022 10/14/22 Pending -- -- --
08/15/2022 08/15/22 Price Changed $75,000 -14.8% --
02/18/2022 02/18/22 For Sale $88,000 -- --
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 $347 $15,720 $2,200 $13,520
2024 $347 $10,240 $1,480 $8,760
2023 $624 $10,240 $1,480 $8,760
2022 $624 $10,240 $1,480 $8,760
2021 $631 $10,240 $1,480 $8,760
2020 $504 $6,960 $1,480 $5,480
2019 $504 $6,960 $1,480 $5,480
2018 $504 $6,960 $1,480 $5,480
2017 $286 $6,960 $1,480 $5,480
2016 $304 $6,960 $0 $0
2014 $304 $6,960 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10117894

Memphis Area Association of REALTORS®

APN: 04-0016-0-0013