NOT LISTED FOR SALE

Estimated Value: $29,331 - $181,000

0.15 Acres
$701,107 Price per Acre
6,534 Sq Ft Lot

Sale Details

Date Sold: October 16, 2025

Last sale price $15,000 $12 Per Sq Ft

Est. 601% increase in value since last sale

Current estimated payment $558 / mo

649 Days on Market

About This Lot

As of October 2025

Residential lot in Magnolia Terrace Subdivision ready to build.

Property Details

Property Type

  • Land

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x137
  • Paved or Partially Paved Lot
  • Level Lot
  • Property is zoned R-6(H)

Community Details

  • Magnolia Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 031027 00064

Property Details

Property Type

Land

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Prop. Type: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Pool Private: No
  • Road Surface Type: Paved
  • Topography: Level
  • View: No
  • Waterfront: No

Utilities

  • Cooling Y N: No
  • Heating Yn: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Zoning: R-6(H)
  • Lot Features: Level
  • Lot Size Acres: 0.15
  • Lot Size: 50X137
  • Lot Size Units: Acres
  • Parcel #: 031027 00064

Tax Info

  • Tax Annual Amount: 84

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2025
Sold by
Mdm Investments Of Memphis Llc
Bought by
Roof Top Systems Llc
Current Estimated Value
$105,166

Purchase Details

Closed on
May 12, 2025
Sold by
South City Memphis Llc
Bought by
Mdm Investments Of Memphis Llc

Purchase Details

Closed on
Jun 4, 2021
Sold by
County Of Shelby
Bought by
South City Memphis Llc
Source: Public Records
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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
Roof Top Systems Llc $30,000 Excel Title & Escrow
Mdm Investments Of Memphis Llc -- None Listed On Document
South City Memphis Llc $2,200 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2025 10/16/25 Sold $15,000 -40.0% $12 / Sq Ft
10/16/2025 10/16/25 Pending -- -- --
01/06/2024 01/06/24 For Sale $25,000 -- $20 / Sq Ft
Source: Realtracs

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 $100 $0 $0 $0
2020 $100 $1,375 $1,375 $0
2019 $44 $1,375 $1,375 $0
2018 $360 $11,275 $1,375 $9,900
2017 $369 $11,275 $1,375 $9,900
2016 $469 $10,725 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 3153678

Realtracs

APN: 03-1027-0-0064

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