NOT LISTED FOR SALE

Estimated Value: $242,000

0.18 Acre
$1,344,444 Price per Acre
7,841 Sq Ft Lot

Last Sold December 29, 2023

Last sale price $4,500

Est. 5,278% increase in value since last sale

Current estimated payment $1,282/month

3 Days on Market

About This Lot

As of December 2023

This level lot is close to shopping, restaurants, churches, and much more. Property can be viewed at any time. Utilities nearby. Property was purchased through a tax sale, so title insurance may not be available. Property is being sold "As Is". Property will be conveyed through a Quit Claim Deed.

Last Agent to Sell the Property

Ken Cannon

Crye-Leike of MS, Inc. License #351127 Listed on: 11/28/2023

Crye-Leike of MS, Inc.

Last Buyer's Agent

Dawn Kinard

Welch Realty, LLC License #234524

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $25

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50x165
  • Level Lot

Community Details

  • Park Blvd Blk 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 034008 00034

Property Details

Property Type

Land

Est. Annual Taxes

$25

Lot Details

0

Listing Details

  • Class: Land
  • Type: Land
  • Location: Subdivision
  • MLS Map #: 747B
  • MAAR Subdivision Name: PARK BLVD BLK 2
  • Price Per Sq Ft: 25000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Paved

Utilities

  • Utilities: Public Water, Public Sewer

Association/Amenities

  • Uses Of Adjacent Area: Residential

Lot Info

  • Lot Number: 5-6
  • Acreage: 0.18
  • Lot Size: 50X165
  • Price Per Acre: 36111
  • Zoning: RES
  • Improvements: Sidewalk
  • Lots Available: 1 Only
  • Present Usage: None/Vacant
  • Shape: Regular
  • Topographic Feature: Level
  • Zoning Of Adjacent Area: Single Family

Tax Info

  • Assessor Parcel Number: 034008 00034

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2023
Closed on
Jan 2, 2024
Sold by
Guynn Michael A
Bought by
Memphis Metropolitan Land Bank Authority
Seller's Agent
Ken Cannon
Crye-Leike of MS, Inc.
Buyer's Agent
Dawn Kinard
Welch Realty, LLC
List Price
$6,500
Sold Price
$4,500
Premium/Discount to List
-$2,000
-30.77%
Views
12
Current Estimated Value
$242,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,500
Avg. Annual Appreciation
815.05%

Purchase Details

Closed on
Jan 30, 2014
Sold by
Us Bank Na
Bought by
Homefront Now Llc

Purchase Details

Closed on
Feb 21, 2008
Sold by
Tennessee Housing Development Agency
Bought by
Us Bank Na

Purchase Details

Closed on
Sep 26, 2007
Sold by
Hud
Bought by
Tennessee Housing Development Agency

Purchase Details

Closed on
Dec 7, 2005
Sold by
Tennessee Housing Development Agency
Bought by
Hud
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
Memphis Metropolitan Land Bank Authority $4,500 Realty Title & Escrow
Homefront Now Llc -- Accommodation
Us Bank Na $21,592 None Available
Tennessee Housing Development Agency $26,484 None Available
Hud $26,484 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2023 12/29/23 Sold $4,500 -30.8% --
12/01/2023 12/01/23 Pending -- -- --
11/28/2023 11/28/23 For Sale $6,500 -- --
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 $25 $1,750 $1,750 --
2024 $25 $750 $750 --
2023 $46 $750 $750 $0
2022 $46 $750 $750 $0
2021 $46 $750 $750 $0
2020 $54 $750 $750 $0
2019 $54 $750 $750 $0
2018 $54 $750 $750 $0
2017 $31 $750 $750 $0
2016 $33 $750 $0 $0
2014 $33 $750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10161658

Memphis Area Association of REALTORS®

APN: 03-4008-0-0034