NOT LISTED FOR SALE

1305 Cherry Rd Eads, TN 38028

Estimated Value: $90,000 - $230,873

2.62 Acres
$70,085 Price per Acre
114,127 Sq Ft Lot

Last Sold February 17, 2012

Last sale price $82,500

Est. 123% increase in value since last sale

Current estimated payment $980/month

230 Days on Market

Highlights

  • Waterfront
  • Corner Lot
  • Lot Has A Rolling Slope
  • Lake, Pond or Stream

About This Lot

As of February 2012

It's all about location!Approx 1 mile north off Hwy 64,this 2.62 acres has a private pond,beautiful building site,corner lot and a super convenient location. Protective covenants apply.

Last Agent to Sell the Property

Mary Ann Tapp

Crye-Leike, Inc., REALTORS License #236379 Listed on: 06/01/2011

Last Buyer's Agent

James Anson Underwood

Crye-Leike, Inc., REALTORS License #296115

Crye-Leike, Inc., REALTORS

Property Details

Property Type

  • Land

Lot Details

  • 2.62 Acre Lot
  • Waterfront
  • Rural Setting
  • Corner Lot
  • Lot Has A Rolling Slope

Utilities

  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 084 084 01602

Community Details

Overview

  • Cherry Wythe Farms Subdivision

Recreation

  • Lake, Pond or Stream

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Class: Land
  • Type: Land
  • Cross Street: ASTON PARK
  • Location: Corner, Subdivision
  • MAAR Subdivision Name: CHERRY WYTHE FARMS
  • Miscellaneous: Pond/Lake (Stocked)
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Paved, Rural

Utilities

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

Association/Amenities

  • Amenities: Waterfront
  • Uses Of Adjacent Area: Residential

Lot Info

  • Lot Number: 2
  • Acreage: 2.62
  • Lot Size: 2.62
  • Zoning: Resid
  • Lots Available: 1 Only
  • Present Usage: None/Vacant, Usage Restrictions, Min Building Requirements
  • Shape: Regular
  • Topographic Feature: Rolling
  • Zoning Of Adjacent Area: Single Family

Tax Info

  • Assessor Parcel Number: 084 084 01602

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2011
Closed on
Feb 16, 2012
Sold by
Lovelace Sharon S
Bought by
Cole J Clay
Seller's Agent
Mary Ann Tapp
Crye-Leike, Inc., REALTORS
Buyer's Agent
James Anson Underwood
Crye-Leike, Inc., REALTORS
List Price
$112,000
Sold Price
$82,500
Premium/Discount to List
-$29,500
-26.34%
Current Estimated Value
$183,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,124
Avg. Annual Appreciation
5.93%
Original Mortgage
$62,500
Outstanding Balance
$42,507
Interest Rate
3.89%
Mortgage Type
Commercial
Estimated Equity
$141,117

Purchase Details

Closed on
Jul 12, 2005
Sold by
Lovelace Thomas G
Bought by
Renaissance Development Compan

Purchase Details

Closed on
Jan 15, 1999
Sold by
Fayette Development Inv Co
Bought by
Lovelace Thomas G
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
Cole J Clay $82,500 --
Renaissance Development Compan -- --
Lovelace Thomas G $46,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cole J Clay $62,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2012 02/17/12 Sold $82,500 -26.3% --
01/17/2012 01/17/12 Pending -- -- --
06/01/2011 06/01/11 For Sale $112,000 -- --
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 $252 $22,400 $22,400 --
2024 $252 $19,525 $19,525 --
2023 $252 $19,525 $0 $0
2022 $252 $19,525 $19,525 $0
2021 $252 $19,525 $19,525 $0
2020 $294 $19,525 $19,525 $0
2019 $294 $19,525 $19,525 $0
2018 $294 $19,525 $19,525 $0
2017 $294 $19,525 $19,525 $0
2016 $313 $19,525 $19,525 $0
2015 $313 $19,525 $19,525 $0
2014 $313 $19,525 $19,525 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Mary Ann Tapp

    Crye-Leike

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3224866

Memphis Area Association of REALTORS®

APN: 084-016.02

Tennessee Fayette County Eads 38028

1305 Cherry Rd, Eads, TN

Not Listed for Sale

Lots

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