NOT LISTED FOR SALE

1507 Lake Grove St Memphis, TN 38108

Hyde Park Neighborhood

Estimated Value: $64,000

0.73 Acre
$87,671 Price per Acre
31,799 Sq Ft Lot

Last Sold August 20, 2021

Last sale price $3,500 $4 Per Sq Ft

Est. 1,729% increase in value since last sale

Current estimated payment $353/month

33 Days on Market

About This Lot

As of August 2021

Excellent opportunity for a vacant lot to build your dream home on. Priced to sell immediately.

Last Agent to Sell the Property

Jimmie Tapley

Crye-Leike, Inc., REALTORS License #209672 Listed on: 07/08/2021

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

NON-MLS NON-BOARD AGENT

NON-MLS OR NON-BOARD OFFICE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $30

Lot Details

  • 0.73 Acre Lot
  • Lot Dimensions are 40x118
  • Level Lot

Listing and Financial Details

  • Assessor Parcel Number 043009 00007

Community Details

Overview

  • South Bungalow Park Subdivision

Recreation

  • Cove

Property Details

Property Type

Land

Est. Annual Taxes

$30

Lot Details

0

Listing Details

  • Class: Land
  • Type: Land
  • Location: Cove, Subdivision
  • MLS Map #: 743A
  • MAAR Subdivision Name: BUNGALOW PARK (SOUTH)
  • Price Per Sq Ft: 4794.52
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Paved

Utilities

  • Utilities: Public Water, Electricity, Public Sewer

Lot Info

  • Lot Number: 293
  • Acreage: 0.73
  • Lot Size: 40X118
  • Price Per Acre: 4795
  • Zoning: Res
  • Improvements: Curbs and Gutters
  • Lots Available: 1 Only
  • Present Usage: None/Vacant
  • Shape: Regular
  • Topographic Feature: Level
  • Zoning Of Adjacent Area: Single Family

Tax Info

  • Assessor Parcel Number: 043009 00007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2025
Sold by
Bigsby Richard
Bought by
Bigsby Vanessa
Current Estimated Value
$64,000

Purchase Details

Listed on
Jul 8, 2021
Closed on
Aug 20, 2021
Sold by
Smd Real Estate Jpdomgs G
Bought by
Bigsby Richard
Seller's Agent
Jimmie Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$3,500
Sold Price
$3,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
115.67%

Purchase Details

Closed on
Jul 8, 2015
Sold by
W J Curry Son Llc
Bought by
Waddell John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.93%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Bigsby Vanessa -- None Listed On Document
Bigsby Richard $3,500 Providence Title
Waddell John $305,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Waddell John $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2021 08/20/21 Sold $3,500 0.0% $4 / Sq Ft
07/08/2021 07/08/21 For Sale $3,500 -- $4 / Sq Ft
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 $30 $1,625 $1,625 --
2024 $30 $875 $875 --
2023 $53 $875 $875 $0
2022 $53 $875 $875 $0
2021 $63 $875 $875 $0
2020 $63 $875 $875 $0
2019 $70 $2,175 $875 $1,300
2018 $70 $2,175 $875 $1,300
2017 $71 $2,175 $875 $1,300
2016 $121 $2,775 $0 $0
2014 $121 $2,775 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jimmie Tapley

    Seller's Agent in 2021

    Jimmie Tapley

    Crye-Leike, Inc., REALTORS

    (901) 336-7898

    9 in this area

    276 Total Sales

    Section Image

  • N

    Buyer's Agent in 2021

    NON-MLS NON-BOARD AGENT

    NON-MLS OR NON-BOARD OFFICE

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10103475

Memphis Area Association of REALTORS®

APN: 04-3009-0-0007

Tennessee Shelby County Memphis 38108 Hyde Park

1507 Lake Grove St, Memphis, TN

This home is located at 1507 Lake Grove St, Memphis, TN 38108 since 08 July 2021 and is currently estimated at $64,000, approximately $75 per square foot. 1507 Lake Grove St is a home located in Shelby County with nearby schools including Douglass Elementary School, Douglass High School, and Promise Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Memphis Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Some or all of the listings displayed may not belong to the firm whose website is being visited. Copyright© 2025 Memphis Area Association of REALTORS®.

Nearby Homes