NOT LISTED FOR SALE

1604 Netherwood Ave Memphis, TN 38106

Southeast Memphis Neighborhood

Estimated Value: $26,949 - $44,000

0.15 Acre
$236,500 Price per Acre
6,534 Sq Ft Lot

Last Sold February 10, 2022

Last sale price $29,065 $17 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $197/month

143 Days on Market

About This Lot

As of February 2022

Welcome home, excellent location for your dream home or investment property! One of the few lots available in this developing neighborhood. Get in while prices are low. New construction homes are being built near, renovations are all around neighborhood. Glenview Park Historic District. Minutes way from Downtown Memphis,Tiger lane and Cooper Young. Drive by and make an offer!

Last Agent to Sell the Property

Scarlett Pickens

Keller Williams License #356110 Listed on: 09/16/2021

Keller Williams

Last Buyer's Agent

Melody Martin

4 Success Realty, LLC License #293951

4 Success Realty, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $47

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x137
  • Level Lot

Location

  • City Lot

Community Details

  • Magnolia Terr Subdivision

Listing and Financial Details

  • Assessor Parcel Number 031026 00042

Property Details

Property Type

Land

Est. Annual Taxes

$47

Lot Details

0

Listing Details

  • Class: Land
  • Type: Land
  • Location: City
  • MLS Map #: 748B
  • MAAR Subdivision Name: MAGNOLIA TERRACE
  • Price Per Sq Ft: 193766.67
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Paved

Association/Amenities

  • Uses Of Adjacent Area: Residential, Multi-Family

Lot Info

  • Lot Number: 57
  • Acreage: 0.15
  • Lot Size: 50X137
  • Price Per Acre: 232667
  • Zoning: Resi
  • Improvements: Curbs and Gutters
  • Lots Available: 1 Only
  • Present Structure: Residence
  • Present Usage: None/Vacant
  • Shape: Regular
  • Topographic Feature: Level
  • Zoning Of Adjacent Area: Single Family, Multi-Family

Tax Info

  • Assessor Parcel Number: 031026 00042

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2021
Closed on
Feb 10, 2022
Sold by
Inner City Property Hub Llc
Bought by
Ideal Investments Llc
Seller's Agent
Scarlett Pickens
Keller Williams
Buyer's Agent
Melody Martin
4 Success Realty, LLC
List Price
$34,900
Sold Price
$29,065
Premium/Discount to List
-$5,835
-16.72%
Current Estimated Value
$35,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,350
Avg. Annual Appreciation
5.81%

Purchase Details

Closed on
May 17, 2021
Sold by
Pickens Michael
Bought by
Inner City Property Hub Llc

Purchase Details

Closed on
May 26, 2020
Sold by
County Of Shelby
Bought by
Pickens Michael

Purchase Details

Closed on
Mar 20, 2013
Sold by
Memphis Property Management Investors
Bought by
Hall L L

Purchase Details

Closed on
Jun 18, 2010
Sold by
County Of Shelby
Bought by
Memphis Property Management & Investors

Purchase Details

Closed on
May 18, 2005
Sold by
Castle Homes Inc
Bought by
Tredway Donald B

Purchase Details

Closed on
Jan 3, 1997
Sold by
Burns Charles B and Robinson Billie
Bought by
Castle Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,000
Interest Rate
10%
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
Ideal Investments Llc $25,000 Preferred Title & Escrow
Inner City Property Hub Llc -- None Available
Pickens Michael $800 None Available
Hall L L -- None Available
Memphis Property Management & Investors $3,000 None Available
Tredway Donald B $8,000 --
Castle Homes Inc $15,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Castle Homes Inc $27,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2022 02/10/22 Sold $29,065 -16.7% $17 / Sq Ft
02/06/2022 02/06/22 Pending -- -- --
09/16/2021 09/16/21 For Sale $34,900 -- $20 / 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 $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 $47 $1,375 $1,375 $0
2020 $33 $0 $0 $0
2019 $0 $0 $0 $0
2018 $44 $1,375 $1,375 $0
2017 $45 $1,375 $1,375 $0
2016 $60 $1,375 $0 $0
2014 $311 $7,125 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Scarlett Pickens

    Keller Williams

    Section Image
  • Melody Martin

    Buyer's Agent in 2022

    Melody Martin

    4 Success Realty, LLC

    (901) 859-2458

    6 in this area

    98 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10108808

Memphis Area Association of REALTORS®

APN: 03-1026-0-0042

Tennessee Shelby County Memphis 38106 Southeast Memphis

1604 Netherwood Ave, Memphis, TN

This home is located at 1604 Netherwood Ave, Memphis, TN 38106 since 16 September 2021 and is currently estimated at $35,475, approximately $20 per square foot. 1604 Netherwood Ave is a home located in Shelby County with nearby schools including Rozelle Elementary School, Hamilton High School, and Soulsville Charter School.

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