NOT LISTED FOR SALE

Estimated Value: $493,409

41 Acres
$12,052 Price per Acre
1,783,346 Sq Ft Lot

Last Sold November 18, 2020

Current estimated payment $3,407/month

3 Days on Market

Highlights

  • 40.94 Acre Lot
  • Lake, Pond or Stream
  • Level Lot
  • Center Hill Elementary School Rated A-
  • Wooded Lot

About This Lot

As of November 2020

Property is in a growing area of DeSoto county and has road frontage on Hwy 302. Property has a nice lake and a small cabin. Wonderful weekend getaway and a great long term investment. Lots of space to grow as acres are approximately 40.94. Livestock is allowed.

Last Listed By

Scott Wilbanks

Crye-Leike Commercial License #314758 Listed on: 09/28/2020

Crye-Leike Commercial

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,895

Year Built

  • 2010

Lot Details

  • 40.94 Acre Lot
  • Property fronts a state road
  • Rural Setting
  • Level Lot
  • Wooded Lot
  • Property is in below average condition
  • Property is zoned Ag

Additional Features

  • Lake, Pond or Stream
  • Phone Available

Property Details

Property Type

Land

Est. Annual Taxes

$7,895

Year Built

2010

Lot Details

0

Listing Details

  • Class: Land
  • Type: Land
  • Location: Rural
  • MLS Map #: 291N
  • Price Per Sq Ft: 9965.8
  • Miscellaneous: Pond/Lake
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2010

Exterior Features

  • Road Frontage: Paved, State

Utilities

  • Utilities: Public Water, Electricity, Telephone

Association/Amenities

  • Uses Of Adjacent Area: Row Crops, Pasture, Residential, Church

Lot Info

  • Acreage: 40.94
  • Lot Size: 40.94
  • Price Per Acre: 9966
  • Zoning: Ag
  • Lots Available: 1 Only
  • Present Structure: Needs Repair
  • Shape: Regular
  • Topographic Feature: Level, Wooded
  • Zoning Of Adjacent Area: Agriculture, Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2020
Closed on
Nov 18, 2020
Sold by
Langley Mike
Bought by
Ltp Investments Llc
Seller's Agent
Scott Wilbanks
Crye-Leike Commercial
Buyer's Agent
Scott Wilbanks
Crye-Leike Commercial
List Price
$408,000
Sold Price
$408,000
Total Days on Market
3
Current Estimated Value
$493,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,409
Avg. Annual Appreciation
1.31%
Original Mortgage
$326,400
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

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
Ltp Investments Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ltp Investments Llc $950,000
Closed Ltp Investments Llc $326,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2020 11/18/20 Sold -- -- --
10/01/2020 10/01/20 Pending -- -- --
09/28/2020 09/28/20 For Sale $408,000 -- --
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
2024 $7,895 $57,850 $13,076 $44,774
2023 $7,895 $57,836 $0 $0
2022 $1,628 $11,931 $6,285 $5,646
2021 $1,644 $12,046 $6,400 $5,646
2020 $1,172 $11,709 $6,515 $5,194
2019 $1,156 $11,549 $6,445 $5,104
2017 $1,131 $16,163 $11,215 $4,948
2016 $1,107 $10,742 $5,794 $4,948
2015 $1,082 $15,690 $10,742 $4,948
2014 $1,063 $10,536 $0 $0
2013 $1,057 $10,361 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10085807

Memphis Area Association of REALTORS®

APN: 1059320000001001