NOT LISTED FOR SALE

217 Excalibur Trail Cedar Grove, TN 38321

Estimated Value: $48,160 - $75,000

1.1 Acres
$57,536 Price per Acre
47,916 Sq Ft Lot

Last Sold February 23, 2024

Last sale price $45,000

Est. 41% increase in value since last sale

Current estimated payment $404/month

89 Days on Market

Highlights

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

About This Lot

As of February 2024

Beautiful 1.1 acre waterfront lot in the Indian Lake gated community. This lot is mostly level with a nice canopy of trees for a great building site. Indian Lake is professionally managed by American Sports Fishery & endorsed by Jimmy Houston. Stocked with bream, crappie, catfish & bass, this community offers a boat dock with slips free for property owners, a community pavilion & a 100+ acre lake perfect for fishing & kayaking. Only 30 minutes from Jackson, TN & 2 hours from Memphis/Nashville.

Last Agent to Sell the Property

Mike Singleton

United Country McIver Land & R License #328009 Listed on: 11/08/2023

Last Buyer's Agent

Mike Singleton

United Country McIver Land & R License #328009 Listed on: 11/08/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $291

Lot Details

  • 1.1 Acre Lot
  • Home fronts a pond
  • Property fronts a private road
  • Level Lot

HOA Fees

  • $46 Monthly HOA Fees

Listing and Financial Details

  • Assessor Parcel Number 154 004.02

Community Details

Overview

  • Indian Lake Subdivision

Recreation

  • Lake, Pond or Stream

Property Details

Property Type

Land

Est. Annual Taxes

$291

Lot Details

0

HOA Fees

$46 per month

Listing Details

  • Class: Land
  • Type: Land
  • Location: Subdivision
  • MLS Map #: 699
  • MAAR Subdivision Name: Indian Lake
  • Price Per Sq Ft: 40909.09
  • Miscellaneous: Pond/Lake (Stocked), Pond/Lake Frontage
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Paved, Private

Utilities

  • Utilities: Electricity

Association/Amenities

  • Annual Association Fee: 550
  • Amenities: Waterfront
  • Uses Of Adjacent Area: Residential

Lot Info

  • Acreage: 1.1
  • Lot Size: 1.1 acres
  • Price Per Acre: 54545
  • Zoning: Res
  • Present Usage: None/Vacant
  • Shape: Regular
  • Topographic Feature: Level
  • Zoning Of Adjacent Area: Single Family

Tax Info

  • Assessor Parcel Number: 154 004.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2023
Closed on
Feb 17, 2024
Sold by
Bestler Michael R and Bestler Gina
Bought by
Painter Robert Dennis and Painter Miriam Elaine
Seller's Agent
Mike Singleton
United Country McIver Land & R
Buyer's Agent
Mike Singleton
United Country McIver Land & R
List Price
$60,000
Sold Price
$45,000
Premium/Discount to List
-$15,000
-25%
Views
43
Current Estimated Value
$63,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,290
Avg. Annual Appreciation
23.60%

Purchase Details

Closed on
May 17, 2007
Sold by
Indian Springs Timber Llc
Bought by
Bestler Michael R
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
Painter Robert Dennis $45,000 None Listed On Document
Bestler Michael R $82,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2024 02/23/24 Sold $45,000 -25.0% --
02/05/2024 02/05/24 Pending -- -- --
11/08/2023 11/08/23 For Sale $60,000 -- --
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 $291 $11,050 $11,050 $0
2023 $291 $11,050 $11,050 $0
2022 $291 $11,050 $11,050 $0
2021 $156 $11,050 $11,050 $0
2020 $291 $11,050 $11,050 $0
2019 $479 $16,500 $16,500 $0
2018 $479 $16,500 $16,500 $0
2017 $479 $16,500 $16,500 $0
2016 $702 $16,500 $16,500 $0
2015 $495 $16,500 $16,500 $0
2014 $595 $16,500 $16,500 $0
2013 $595 $19,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10160520

Memphis Area Association of REALTORS®

APN: 154-004.02