$87,500
SOLD JAN 17, 2024
0.17 Acre
$514,706 Price per Acre
7,405 Sq Ft Lot

Recently Sold

24% Below List Price

76 Days on Market

About This Lot

As of January 2024

RARE OPPORTUNITY TO BUILD IN CENTRAL GARDENS!! LOT HAS BEEN IN THE SAME FAMILY FOR GENERATIONS. WONDERFUL QUITE STREET. MATURE TREES AND FENCED

Last Agent to Sell the Property

Mark Duke

Ware Jones, REALTORS License #249368 Listed on: 10/17/2023

Ware Jones, REALTORS

Last Buyer's Agent

Griffin Elkington

River City Land Co., LLC License #299234

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $479

Year Built

  • 2024

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 54x140
  • Level Lot

Location

  • City Lot

Community Details

  • Brown Sd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 030004 00007

Property Details

Property Type

Land

Est. Annual Taxes

$479

Year Built

2024

Lot Details

0

Listing Details

  • Class: Land
  • Type: Land
  • Location: City
  • MLS Map #: 746G
  • MAAR Subdivision Name: BROWN SD
  • Price Per Sq Ft: 514705.88
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2024

Exterior Features

  • Road Frontage: Paved

Lot Info

  • Acreage: 0.17
  • Lot Size: 54X140
  • Price Per Acre: 676471
  • Zoning: RES
  • Lots Available: 1 Only
  • Present Usage: None/Vacant
  • Shape: Regular
  • Topographic Feature: Level
  • Zoning Of Adjacent Area: Single Family

Tax Info

  • Assessor Parcel Number: 030004 00007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2023
Closed on
Jan 17, 2024
Sold by
Lochbihler Anna Marie
Bought by
Griffin Elkington Inv Llc
Seller's Agent
Mark Duke
Ware Jones, REALTORS
Buyer's Agent
Griffin Elkington
River City Land Co., LLC
List Price
$115,000
Sold Price
$87,500
Premium/Discount to List
-$27,500
-23.91%
Total Days on Market
76
Views
33

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
340.81%
Original Mortgage
$560,000
Outstanding Balance
$552,252
Interest Rate
6.95%
Mortgage Type
Construction
Estimated Equity
$135,644

Purchase Details

Closed on
Oct 17, 2023
Sold by
Rehkopf Robert
Bought by
Lochbihler Anna Marie
Source: Public Records

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Range of Values:

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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 $87,500 None Listed On Document
Quit Claim Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $560,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2025 05/20/25 Pending -- -- --
05/20/2025 05/20/25 For Sale $675,000 +671.4% $178 / Sq Ft
01/17/2024 01/17/24 Sold $87,500 -23.9% --
10/17/2023 10/17/23 For Sale $115,000 -- --
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 $479 $175,375 $22,025 $153,350
2024 $479 $14,125 $14,125 --
2023 $860 $14,125 $14,125 --
2022 $860 $14,125 $14,125 $0
2021 $871 $14,125 $14,125 $0
2020 $1,023 $14,125 $14,125 $0
2019 $451 $14,125 $14,125 $0
2018 $451 $14,125 $14,125 $0
2017 $462 $14,125 $14,125 $0
2016 $617 $14,125 $0 $0
2014 $617 $14,125 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10159090

Memphis Area Association of REALTORS®

APN: 03-0004-0-0007