$9,000
SOLD JUL 21, 2021
0.02 Acre
$450,000 Price per Acre
871 Sq Ft Lot

Recently Sold

14% Below List Price

About This Lot

As of November 2022

This home is located at 1647 Merker Rd, Memphis, TN 38108 and is currently priced at $9,000. 1647 Merker Rd is a home located in Shelby County with nearby schools including Jackson Elementary School, Craigmont Middle School, and Douglass High School.

Last Agent to Sell the Property

Dawn Kinard

Welch Realty, LLC License #234524 Listed on: 09/19/2020

Last Buyer's Agent

Dawn Kinard

Welch Realty, LLC License #234524 Listed on: 09/19/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $942

Lot Details

  • 871 Sq Ft Lot
  • Lot Dimensions are 50x150

Community Details

  • Union Villa Blk G Subdivision

Listing and Financial Details

  • Assessor Parcel Number 062008 00012

Property Details

Property Type

Land

Est. Annual Taxes

$942

Lot Details

0

Listing Details

  • Class: Land
  • Type: Land
  • MLS Map #: 752A
  • MAAR Subdivision Name: UNION VILLA BLK G
  • Price Per Sq Ft: 450000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Paved

Lot Info

  • Acreage: 0.02
  • Lot Size: 50x150
  • Price Per Acre: 525000
  • Zoning: res
  • Present Usage: None/Vacant
  • Zoning Of Adjacent Area: Single Family

Tax Info

  • Assessor Parcel Number: 062008 00012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2021
Closed on
Nov 2, 2022
Sold by
Roach Mario
Bought by
Walker Janairo A
Seller's Agent
Tanika Bland
BEST Real Estate Company
Buyer's Agent
Marceline Williams
LPT Realty, LLC
List Price
$130,000
Sold Price
$155,000
Premium/Discount to List
$25,000
19.23%
Views
20
Current Estimated Value
$153,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,058
Avg. Annual Appreciation
1.84%
Original Mortgage
$152,192
Outstanding Balance
$147,884
Interest Rate
6.7%
Mortgage Type
FHA
Estimated Equity
$15,432

Purchase Details

Listed on
Sep 19, 2020
Closed on
Jul 21, 2021
Sold by
Memvest Llc
Bought by
Roach Mario
Seller's Agent
Dawn Kinard
Welch Realty, LLC
Buyer's Agent
Dawn Kinard
Welch Realty, LLC
List Price
$10,500
Sold Price
$9,000
Premium/Discount to List
-$1,500
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
808.26%

Purchase Details

Closed on
Mar 19, 2013
Sold by
County Of Shelby
Bought by
Memvest Llc
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 Type Sale Price Title Company
Warranty Deed $155,000 Commercial Title Group
Warranty Deed $10,000 None Available
Quit Claim Deed $1,200 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $152,192 FHA
Previous Owner $545,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2022 11/03/22 Sold $155,000 0.0% $129 / Sq Ft
10/20/2022 10/20/22 Pending -- -- --
08/02/2022 08/02/22 Price Changed $155,000 +19.2% $129 / Sq Ft
08/12/2021 08/12/21 For Sale $130,000 +1344.4% $108 / Sq Ft
07/21/2021 07/21/21 Sold $9,000 -14.3% --
05/20/2021 05/20/21 Pending -- -- --
09/19/2020 09/19/20 For Sale $10,500 -- --
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 $942 $38,650 $2,500 $36,150
2024 $942 $27,775 $875 $26,900
2023 $1,692 $27,775 $875 $26,900
2022 $53 $875 $875 $0
2021 $54 $875 $875 $0
2020 $16 $225 $225 $0
2019 $7 $225 $225 $0
2018 $7 $225 $225 $0
2017 $15 $450 $450 $0
2016 $8 $175 $0 $0
2014 $8 $450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10094455

Memphis Area Association of REALTORS®

APN: 06-2008-0-0012