NOT LISTED FOR SALE

1409 Reata Pass Memphis, TN 38109

Westwood Neighborhood

Estimated Value: $137,000 - $162,104

0.21 Acre
$713,219 Price per Acre
9,148 Sq Ft Lot

Last Sold October 13, 2022

Last sale price $7,000

Est. 2,040% increase in value since last sale

Current estimated payment $856/month

About This Lot

As of October 2022

Vacant lot, on which to build your next home, in established neighborhood.

Last Agent to Sell the Property

Rebecca Edwards

Keller Williams License #326080 Listed on: 02/18/2022

Keller Williams

Last Buyer's Agent

Rebecca Edwards

Keller Williams License #326080 Listed on: 02/18/2022

Keller Williams

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $742

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 70x135
  • Property is zoned R-8

Utilities

  • Phone Available

Community Details

  • Durango Subdivision

Listing and Financial Details

  • Assessor Parcel Number 082030 00009

Property Details

Property Type

Land

Est. Annual Taxes

$742

Lot Details

0

Listing Details

  • Class: Land
  • Type: Land
  • Location: Subdivision
  • MLS Map #: 765A
  • MAAR Subdivision Name: DURANGO
  • Price Per Sq Ft: 33333.33
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Paved

Utilities

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

Lot Info

  • Lot Number: 74
  • Acreage: 0.21
  • Lot Size: 70X135
  • Price Per Acre: 47619
  • Zoning: R-8
  • Improvements: Curbs and Gutters, Sidewalk
  • Present Usage: None/Vacant
  • Shape: Regular
  • Zoning Of Adjacent Area: Single Family

Tax Info

  • Assessor Parcel Number: 082030 00009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2023
Sold by
Allen Steven and Allen Elisa
Bought by
Hebrews Law 0458 Of Tn Llc
Current Estimated Value
$149,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Outstanding Balance
$122,152
Interest Rate
6.48%
Mortgage Type
New Conventional
Estimated Equity
$27,624

Purchase Details

Closed on
Feb 14, 2023
Sold by
Williams Realty & Investments Llc
Bought by
Allen Steven and Allen Elisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Outstanding Balance
$122,152
Interest Rate
6.48%
Mortgage Type
New Conventional
Estimated Equity
$27,624

Purchase Details

Listed on
Feb 18, 2022
Closed on
Oct 1, 2022
Sold by
Carolina World Propertys Llc
Bought by
Williams Realty & Investments Llc
Seller's Agent
Rebecca Edwards
Keller Williams
Buyer's Agent
Rebecca Edwards
Keller Williams
List Price
$10,000
Sold Price
$7,000
Premium/Discount to List
-$3,000
-30%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
178.57%
Original Mortgage
$95,000
Interest Rate
5.89%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 19, 2021
Sold by
County Of Shelby
Bought by
Carolina World Propertys Llc
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
Hebrews Law 0458 Of Tn Llc -- --
Allen Steven $157,500 --
Williams Realty & Investments Llc $8,000 --
Carolina World Propertys Llc $5,580 Koelbl Thomas
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Steven $126,000
Previous Owner Williams Realty & Investments Llc $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2022 10/13/22 Sold $7,000 -30.0% --
09/28/2022 09/28/22 Pending -- -- --
02/18/2022 02/18/22 For Sale $10,000 -- --
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 $742 $39,925 $2,500 $37,425
2024 $742 $21,900 $2,050 $19,850
2023 $1,334 $21,900 $2,050 $19,850
2022 $125 $2,050 $2,050 $0
2021 $26 $0 $0 $0
2020 $149 $2,050 $2,050 $0
2019 $66 $2,050 $2,050 $0
2018 $66 $2,050 $2,050 $0
2017 $361 $11,025 $2,050 $8,975
2016 $524 $12,000 $0 $0
2014 $524 $12,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rebecca Edwards

    Seller's Agent in 2022

    Rebecca Edwards

    Keller Williams

    (901) 451-2001

    7 in this area

    169 Total Sales

    Rebecca Edwards
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10117880

Memphis Area Association of REALTORS®

APN: 08-2030-0-0009

Tennessee Shelby County Memphis 38109 Westwood

1409 Reata Pass, Memphis, TN

This home is located at 1409 Reata Pass, Memphis, TN 38109 since 18 February 2022 and is currently estimated at $149,776. 1409 Reata Pass is a home located in Shelby County with nearby schools including Double Tree Elementary School, Chickasaw Middle School, and Westwood High School.

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