NOT LISTED FOR SALE

Estimated Value: $217,000

0.16 Acre
$1,356,250 Price per Acre
6,970 Sq Ft Lot

Last Sold August 31, 2022

Last sale price $27,000

Est. 704% increase in value since last sale

Current estimated payment $1,121/month

112 Days on Market

About This Lot

As of August 2022

Vacant lot just outside of the Cooper-Young district. It is the perfect size and location for new construction with renovations to homes throughout the neighborhood, including next door. Comp: 1580 E McLemore, 1579 E McLemore, 1604 Netherwood, 1616 Foster Agent owned.

Last Agent to Sell the Property

Brandon Archibald

Crye-Leike, Inc., REALTORS License #366369 Listed on: 04/29/2022

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Melody Martin

4 Success Realty, LLC License #293951

4 Success Realty, LLC

Property Details

Property Type

  • Land

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x137
  • Level Lot

Community Details

  • Magnolia Terr Subdivision

Property Details

Property Type

Land

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Class: Land
  • Type: Land
  • Location: Subdivision
  • MAAR Subdivision Name: MAGNOLIA TERR
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Paved

Utilities

  • Utilities: Public Water, Electricity

Lot Info

  • Acreage: 0.16
  • Lot Size: 50X137
  • 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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2022
Closed on
Aug 31, 2022
Sold by
Brandon Archibald
Bought by
Ideal Investments Llc
Seller's Agent
Brandon Archibald
Crye-Leike, Inc., REALTORS
Buyer's Agent
Melody Martin
4 Success Realty, LLC
List Price
$28,000
Sold Price
$27,000
Premium/Discount to List
-$1,000
-3.57%
Current Estimated Value
$217,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,000

Purchase Details

Closed on
Oct 4, 2021
Sold by
County Of Shelby
Bought by
Archibald Brandon
Source: Public Records
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
Ideal Investments Llc $40,000 Guardian Title
Archibald Brandon $4,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2022 08/31/22 Sold $27,000 +1.9% --
08/19/2022 08/19/22 Pending -- -- --
06/20/2022 06/20/22 Price Changed $26,500 -5.4% --
04/29/2022 04/29/22 For Sale $28,000 -- --
Source: Memphis Area Association of REALTORS®

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 $47 $6,825 $6,825 --
2024 $47 $1,375 $1,375 --
2023 $84 $1,375 $1,375 $0
2022 $84 $1,375 $1,375 $0
2021 $14 $0 $0 $0
2020 $100 $1,375 $1,375 $0
2019 $44 $1,375 $1,375 $0
2018 $44 $1,375 $1,375 $0
2017 $45 $1,375 $1,375 $0
2016 $60 $1,375 $0 $0
2014 $60 $1,375 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10122900

Memphis Area Association of REALTORS®

APN: 03-1027-0-0061

Your Personal Tour Guide

Ask me questions while you tour the home.