NOT LISTED FOR SALE

1635 Nelson Ave Memphis, TN 38114

Southeast Memphis Neighborhood

Estimated Value: $391,353 - $429,000

0.17 Acre
$2,412,806 Price per Acre
7,405 Sq Ft Lot

Last Sold October 07, 2022

Last sale price $45,000

Est. 812% increase in value since last sale

Current estimated payment $2,242/month

4 Days on Market

About This Lot

As of October 2022

Terrific development opportunity in Midtown. Tons of demand for this location. Lot can be bought along with 1641 Nelson (listed separately, do not disturb tenants) Buyer to verify all connections, zoning and permit requirements.

Last Agent to Sell the Property

Tyler Tapley

Crye-Leike, Inc., REALTORS License #296080 Listed on: 09/21/2022

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Cathleen Black

Marx-Bensdorf, REALTORS License #282406

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $85

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Level Lot

Location

  • City Lot

Community Details

  • Roynon & Rhea Blk 3 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 031043 00005

Property Details

Property Type

Land

Est. Annual Taxes

$85

Lot Details

0

Listing Details

  • Class: Land
  • Type: Land
  • Location: City
  • MLS Map #: 746J
  • MAAR Subdivision Name: COOPER YOUNG
  • Price Per Sq Ft: 264705.88
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Paved

Lot Info

  • Lot Number: 7
  • Acreage: 0.17
  • Lot Size: 50X150
  • Price Per Acre: 147059
  • Zoning: r
  • Present Usage: None/Vacant
  • Shape: Regular
  • Topographic Feature: Level
  • Zoning Of Adjacent Area: Multi-Family, Single Family

Tax Info

  • Assessor Parcel Number: 031043 00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2022
Closed on
Oct 7, 2022
Sold by
Comfort Billy Douglas
Bought by
Hoover Dustin Wayne
Seller's Agent
Tyler Tapley
Crye-Leike, Inc., REALTORS
Buyer's Agent
Cathleen Black
Marx-Bensdorf, REALTORS
List Price
$25,000
Sold Price
$45,000
Premium/Discount to List
$20,000
80%
Current Estimated Value
$410,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$365,177
Avg. Annual Appreciation
117.74%

Purchase Details

Closed on
Jun 16, 2006
Sold by
Lail John Russell and Millay William Anthony
Bought by
Comfort Billy Douglas
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
Hoover Dustin Wayne $45,000 Mid South Title Services
Comfort Billy Douglas $135,000 Realty Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2022 10/07/22 Sold $45,000 +80.0% --
09/25/2022 09/25/22 Pending -- -- --
09/21/2022 09/21/22 For Sale $25,000 -- --
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 $85 $25,325 $6,250 $19,075
2024 $85 $2,500 $2,500 --
2023 $152 $2,500 $2,500 $0
2022 $152 $2,500 $2,500 $0
2021 $181 $2,500 $2,500 $0
2020 $109 $1,500 $1,500 $0
2019 $48 $1,500 $1,500 $0
2018 $48 $1,500 $1,500 $0
2017 $49 $1,500 $1,500 $0
2016 $66 $1,500 $0 $0
2014 $66 $1,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tyler Tapley

    Seller's Agent in 2022

    Tyler Tapley

    Crye-Leike, Inc., REALTORS

    (901) 871-1290

    45 in this area

    1,229 Total Sales

    Section Image
  • Cathleen Black

    Buyer's Agent in 2022

    Cathleen Black

    Marx-Bensdorf, REALTORS

    (901) 483-3476

    2 in this area

    127 Total Sales

    Section Image

  • J

    Buyer Co-Listing Agent in 2022

    John West

    Marx-Bensdorf, REALTORS

    (901) 682-1868

    2 in this area

    121 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10133905

Memphis Area Association of REALTORS®

APN: 03-1043-0-0005

Tennessee Shelby County Memphis 38114 Southeast Memphis

1635 Nelson Ave, Memphis, TN

This home is located at 1635 Nelson Ave, Memphis, TN 38114 since 21 September 2022 and is currently estimated at $410,177. 1635 Nelson Ave is a home located in Shelby County with nearby schools including Bethel Grove Elementary School, Sherwood Middle, and Melrose High School.

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