NOT LISTED FOR SALE

1623 Locust St Memphis, TN 38108

Douglass Neighborhood

Estimated Value: $135,000

0.2 Acre
$675,000 Price per Acre
8,712 Sq Ft Lot

Last Sold August 28, 2023

Last sale price $7,000 $9 Per Sq Ft

Est. 1,829% increase in value since last sale

Current estimated payment $723/month

289 Days on Market

About This Lot

As of August 2023

Nice sized lot for sale ready to build on. MUST BE SOLD W/1621 Locust. Closing and EMD to Apperson Crump. send POF w/offers

Last Agent to Sell the Property

Ellecia Hayes

Keller Williams License #345833 Listed on: 10/31/2022

Keller Williams

Last Buyer's Agent

Christopher Lucas

Regency Realty, LLC License #356231

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $53

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 80x113
  • Level Lot
  • Wooded Lot
  • Property is zoned RU-1

Utilities

  • Phone Available

Community Details

  • Bungalow Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 043023 00175C

Property Details

Property Type

Land

Est. Annual Taxes

$53

Lot Details

0

Listing Details

  • Class: Land
  • Type: Land
  • Cross Street: Olive
  • MLS Map #: 743A
  • MAAR Subdivision Name: BUNGALOW PARK
  • Price Per Sq Ft: 35000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Paved

Utilities

  • Utilities: Public Water, Electricity, Public Sewer, Telephone

Association/Amenities

  • Uses Of Adjacent Area: Residential

Lot Info

  • Lot Number: 264&265
  • Acreage: 0.2
  • Lot Size: 80X113
  • Price Per Acre: 35000
  • Zoning: RU-1
  • Lots Available: 1 Only
  • Present Usage: None/Vacant
  • Shape: Regular
  • Topographic Feature: Level, Wooded
  • Zoning Of Adjacent Area: Single Family

Tax Info

  • Assessor Parcel Number: 043023 00175C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2022
Closed on
Aug 28, 2023
Sold by
Rhodes Keithia
Bought by
Mayorga Oscar
Seller's Agent
Ellecia Hayes
Keller Williams
Buyer's Agent
Christopher Lucas
Regency Realty, LLC
List Price
$7,000
Sold Price
$7,000
Views
150
Current Estimated Value
$135,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,000

Purchase Details

Closed on
May 24, 2022
Sold by
Bennett Arlinda F
Bought by
Rhodes Keithia

Purchase Details

Closed on
Jun 21, 2021
Sold by
Cole Mccarl
Bought by
Bennett Arlinda E

Purchase Details

Closed on
Mar 11, 2011
Sold by
Reed Kim and Maxwell Karen
Bought by
Jennings Willie S

Purchase Details

Closed on
Apr 15, 2005
Sold by
Burdette Henry
Bought by
Alexander Charles W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
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
Mayorga Oscar $12,000 Home Surety Title
Rhodes Keithia -- None Listed On Document
Bennett Arlinda E -- None Available
Jennings Willie S -- None Available
Alexander Charles W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mayorga Oscar $136,000
Previous Owner Alexander Charles W $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2023 08/28/23 Sold $7,000 0.0% $9 / Sq Ft
08/16/2023 08/16/23 Pending -- -- --
10/31/2022 10/31/22 For Sale $7,000 -- $9 / 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 $53 $1,625 $1,625 --
2024 $53 $875 $875 --
2023 $53 $875 $875 $0
2022 $53 $875 $875 $0
2021 $63 $875 $875 $0
2020 $63 $875 $875 $0
2019 $28 $875 $875 $0
2018 $28 $875 $875 $0
2017 $29 $875 $875 $0
2016 $132 $3,025 $0 $0
2014 $132 $3,025 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2023

    Ellecia Hayes

    Keller Williams

    (901) 736-9245

    2 in this area

    44 Total Sales

    Ellecia Hayes
    Section Image
  • Christopher Lucas

    Buyer's Agent in 2023

    Christopher Lucas

    Regency Realty, LLC

    (901) 828-7477

    5 in this area

    48 Total Sales

    Christopher Lucas
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10136778

Memphis Area Association of REALTORS®

APN: 04-3023-0-0414

Tennessee Shelby County Memphis 38108 Douglass

1623 Locust St, Memphis, TN

This home is located at 1623 Locust St, Memphis, TN 38108 since 31 October 2022 and is currently priced at $135,000, approximately $165 per square foot. 1623 Locust 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.

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