NOT LISTED FOR SALE

2040 Cherry Rd Hickory Withe, TN 38028

Estimated Value: $138,000 - $178,000

2.52 Acres
$62,698 Price per Acre
109,771 Sq Ft Lot

Last Sold June 06, 2023

Last sale price $150,000

Est. 5% increase in value since last sale

Current estimated payment $1,041/month

64 Days on Market

Highlights

  • Home fronts a pond
  • Livestock
  • Level Lot
  • Lake, Pond or Stream

About This Lot

As of June 2023

Build your dream home in the most desirable part of west Fayette Co- highly sought after Cherry Road location, its rare to find a new buildable lot among these established custom homes!! Cleared with some woods; Nice road frontage; Property adjoins private 20 acre stocked Salmon Lake- perfect spot! Build your own dock! Perc test has been done for septic; Public utilities at the road. Ready to build! Minutes to Arlington or quick Access to I-269 - fantastic location.

Last Agent to Sell the Property

Billy Groome

Groome & Co. License #284950 Listed on: 02/28/2023

Last Buyer's Agent

Ginny Tibbels

REMAX Experts License #355096

REMAX Experts

Property Details

Property Type

  • Land

Lot Details

  • 2.52 Acre Lot
  • Home fronts a pond
  • Rural Setting
  • Level Lot

Additional Features

  • Lake, Pond or Stream
  • Livestock

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Class: Land
  • Type: Land
  • Location: Rural
  • MLS Map #: 652A
  • MAAR Subdivision Name: UNKNOWN
  • Price Per Sq Ft: 59523.81
  • Miscellaneous: Pond/Lake (Stocked), Pond/Lake Frontage, Livestock Allowed
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Paved

Association/Amenities

  • Amenities: Waterfront

Lot Info

  • Acreage: 2.52
  • Lot Size: 2.52
  • Price Per Acre: 77381
  • Zoning: R
  • Lots Available: 1 Only
  • Present Usage: None/Vacant
  • Shape: Pie Shaped
  • Topographic Feature: Level, Rolling
  • Zoning Of Adjacent Area: Single Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2023
Closed on
Jun 5, 2023
Sold by
Jarvis Patrick and Jarvis Theresa
Bought by
Moore David B and Moore Britney B
Seller's Agent
Billy Groome
Groome & Co.
Buyer's Agent
Ginny Tibbels
REMAX Experts
List Price
$195,000
Sold Price
$150,000
Premium/Discount to List
-$45,000
-23.08%
Total Days on Market
64
Views
83
Current Estimated Value
$158,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,000
Avg. Annual Appreciation
2.63%

Purchase Details

Closed on
Jul 11, 2022
Sold by
Radogna Family Limited Partnership
Bought by
Jarvis Patrick and Jarvis Theresa
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
Moore David B $150,000 Erickson Title & Closing
Jarvis Patrick $130,000 New Title Company Name
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moore Britney Boswell $532,500
Closed Moore David B $527,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2023 06/06/23 Sold $150,000 -23.1% --
05/03/2023 05/03/23 Pending -- -- --
02/28/2023 02/28/23 For Sale $195,000 -- --
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
2024 -- $27,600 $27,600 --
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10142805

Memphis Area Association of REALTORS®

APN: 082-043.32