NOT LISTED FOR SALE

2157 Berkeley Ave Memphis, TN 38108

Hyde Park Neighborhood

Estimated Value: $247,000

0.17 Acre
$1,452,941 Price per Acre
7,405 Sq Ft Lot

Last Sold February 26, 2020

Last sale price $2,500 $2 Per Sq Ft

Est. 9,780% increase in value since last sale

Current estimated payment $1,298/month

108 Days on Market

About This Lot

As of February 2020

Great investment opportunity vacant lot ready for new construction.

Last Agent to Sell the Property

Barry Less

Leco Realty, Inc. License #281548 Listed on: 10/12/2019

Last Buyer's Agent

Barry Less

Leco Realty, Inc. License #281548 Listed on: 10/12/2019

Property Details

Property Type

  • Land

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60 x 130
  • Level Lot
  • Property is zoned R-6

Community Details

  • Manny Delugachs Springdale Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 041036 00005

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Class: Land
  • Type: Land
  • MAAR Subdivision Name: VOLLINTINE EVERGREEN
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Paved

Utilities

  • Utilities: Electricity, Public Sewer, Public Water

Lot Info

  • Lot Number: 78
  • Acreage: 0.17
  • Lot Size: 60 X 130
  • Zoning: R-6
  • Lots Available: 1 Only
  • Present Usage: None/Vacant
  • Topographic Feature: Level
  • Zoning Of Adjacent Area: Unknown

Tax Info

  • Assessor Parcel Number: 041036 00005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2019
Closed on
Feb 24, 2020
Sold by
Nelson Scott
Bought by
Optimal Space Properties Llc
Seller's Agent
Barry Less
Leco Realty, Inc.
Buyer's Agent
Barry Less
Leco Realty, Inc.
List Price
$3,000
Sold Price
$2,500
Premium/Discount to List
-$500
-16.67%
Current Estimated Value
$247,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,500
Avg. Annual Appreciation
119.27%

Purchase Details

Listed on
Aug 2, 2017
Closed on
Sep 22, 2017
Sold by
Esco Enterprises Llc
Bought by
Nelson Scott
Seller's Agent
Samuel Wilson
Adaro Realty, Inc.
Buyer's Agent
James Rose
KAIZEN Realty, LLC
List Price
$44,900
Sold Price
$36,000
Premium/Discount to List
-$8,900
-19.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-66.78%

Purchase Details

Closed on
Apr 26, 2017
Sold by
Wilson Samuel
Bought by
Esco Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 2009
Sold by
Sims Dianne
Bought by
Wilson Samuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,704
Interest Rate
5.1%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Optimal Space Properties Llc $2,500 Close Trak Closing & Ttl Svc
Nelson Scott $38,000 Fidelity Title
Esco Enterprises Llc -- Saddle Creek Title Llc
Wilson Samuel $16,500 None Available
Sims Dianne -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Esco Enterprises Llc $136,000
Previous Owner Sims Dianne $142,704
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/26/2020 02/26/20 Sold $2,500 -16.7% $2 / Sq Ft
01/28/2020 01/28/20 Pending -- -- --
10/12/2019 10/12/19 For Sale $3,000 -91.7% $2 / Sq Ft
09/27/2017 09/27/17 Sold $36,000 -19.8% $26 / Sq Ft View Prior Sale
09/17/2017 09/17/17 Pending -- -- --
08/02/2017 08/02/17 For Sale $44,900 -- $32 / 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 $47 $2,700 $2,700 --
2024 $47 $1,375 $1,375 --
2023 $84 $1,375 $1,375 $0
2022 $84 $1,375 $1,375 $0
2021 $37 $1,375 $1,375 $0
2020 $100 $1,375 $1,375 $0
2019 $44 $1,375 $1,375 $0
2018 $90 $13,475 $1,375 $12,100
2017 $441 $13,475 $1,375 $12,100
2016 $579 $13,250 $0 $0
2014 $579 $13,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Barry Less

    Seller's Agent in 2020

    Barry Less

    Leco Realty, Inc.

    (901) 461-0046

    1 in this area

    152 Total Sales

    Barry Less
    Section Image

  • S

    Seller's Agent in 2017

    Samuel Wilson

    Adaro Realty, Inc.

  • J

    Buyer's Agent in 2017

    James Rose

    KAIZEN Realty, LLC

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10063924

Memphis Area Association of REALTORS®

APN: 04-1036-0-0005

Tennessee Shelby County Memphis 38108 Hyde Park

2157 Berkeley Ave, Memphis, TN

Not Listed for Sale

Lots

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