NOT LISTED FOR SALE

Estimated Value: $90,000

0.1 Acre
$900,000 Price per Acre
4,356 Sq Ft Lot

Last Sold March 24, 2014

Last sale price $2,000 $3 Per Sq Ft

Est. 4,400% increase in value since last sale

Current estimated payment $509/month

867 Days on Market

About This Lot

As of March 2014

A geat investment opportunity - This lot is located at the gateway of Memphis' historic conservation zone Rozelle-Annesdale neiborhood. And on the edge of vibrant Cooper Young neighborhood.

Last Agent to Sell the Property

James Thompson

KAIZEN Realty, LLC License #322315 Listed on: 11/01/2011

KAIZEN Realty, LLC

Last Buyer's Agent

Patrick Surratt

Crye-Leike Commercial License #293720

Crye-Leike Commercial

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $85

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 50 x 88
  • Level Lot

Additional Features

  • 682 Sq Ft Home
  • City Lot

Community Details

  • Rozelle Subdivision

Listing and Financial Details

  • Assessor Parcel Number 031053 00023

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: 20000
  • Estimated Sq Ft: 682
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Paved

Lot Info

  • Lot Number: 2
  • Acreage: 0.1
  • Lot Size: 50 X 88
  • Price Per Acre: 50000
  • Zoning: res
  • Present Usage: None/Vacant
  • Shape: Regular
  • Topographic Feature: Level
  • Zoning Of Adjacent Area: Single Family

Tax Info

  • Assessor Parcel Number: 031053 00023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2011
Closed on
Mar 21, 2014
Sold by
Heritage Bank Na
Bought by
Surratt Patrick
Seller's Agent
James Thompson
KAIZEN Realty, LLC
Buyer's Agent
Patrick Surratt
Crye-Leike Commercial
List Price
$10,000
Sold Price
$2,000
Premium/Discount to List
-$8,000
-80%
Current Estimated Value
$90,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,000
Avg. Annual Appreciation
39.99%

Purchase Details

Closed on
Feb 28, 2011
Sold by
France & Company Llc
Bought by
Heritage Bank

Purchase Details

Closed on
Jun 11, 2009
Sold by
France Josef
Bought by
France & Company Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.77%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 7, 2008
Sold by
Wells Fargo Bank Minnesota Na
Bought by
France Josef

Purchase Details

Closed on
Nov 15, 2007
Sold by
Adams Blondie
Bought by
Wells Fargo Bank Minnesota Na and Mastr Asset Backed Securities Trust 2003

Purchase Details

Closed on
Feb 16, 1996
Sold by
Johnson Arnetta C and Stalion Audrey Marie
Bought by
Gillespie Marjorie Mobley
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
Surratt Patrick $2,000 Tri State Title & Escrow Inc
Heritage Bank $40,000 None Available
France & Company Llc -- Stewart Title Of Memphis Inc
France Josef $6,100 Realty Title
Wells Fargo Bank Minnesota Na $16,500 None Available
Gillespie Marjorie Mobley -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner France & Company Llc $50,000
Previous Owner France Josef P $50,000
Previous Owner Adams Blondie $52,000
Previous Owner Adams Blondie $8,000
Previous Owner Adams Blondie $31,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2014 03/24/14 Sold $2,000 -80.0% $3 / Sq Ft
03/17/2014 03/17/14 Pending -- -- --
11/01/2011 11/01/11 For Sale $10,000 -- $15 / 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 $85 $6,250 $6,250 --
2024 $85 $2,500 $2,500 --
2023 $152 $2,500 $2,500 $0
2022 $152 $2,500 $2,500 $0
2021 $154 $2,500 $2,500 $0
2020 $76 $1,050 $1,050 $0
2019 $76 $1,050 $1,050 $0
2018 $109 $1,500 $1,500 $0
2017 $62 $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

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3235237

Memphis Area Association of REALTORS®

APN: 03-1053-0-0023